Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Formosaint JoseROCO:7764 -6.80%15 Return-on-Tangible-Asset is 1.61% as of Dec. 2025, which is 76% below its 10-year median of 6.59. GuruFocus rates ROCO:7764 with a GF Score™ of 15/100. The stock has 5 warning signs investors should review. Among 1,330 Vehicles & Parts companies, Formosaint Jose ranks worse than 55.79% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Formosaint Jose's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$40.2 Mil. Formosaint Jose's average total tangible assets for the quarter that ended in Dec. 2025 was NT$2,495.5 Mil. Therefore, Formosaint Jose's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 1.61%.
The historical rank and industry rank for Formosaint Jose's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:7764'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.46 Med: 6.59 Max: 9.42
Current: 2.48
During the past 5 years, Formosaint Jose's highest Return-on-Tangible-Asset was 9.42%. The lowest was 2.46%. And the median was 6.59%.
ROCO:7764's Return-on-Tangible-Asset is ranked worse than 55.79% of 1330
companies
in the Vehicles & Parts industry
Industry Median: 3.26
vs ROCO:7764: 2.48
Formosaint Jose (ROCO:7764) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Formosaint Jose Return-on-Tangible-Asset Related Terms
Formosaint Jose Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Formosaint Jose's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ROCO:7764 vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Formosaint Jose's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Formosaint Jose Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Formosaint Jose's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Formosaint Jose's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 1.61% mean?
Formosaint Jose (ROCO:7764) has a Return-on-Tangible-Asset of 1.61% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Formosaint Jose and its competitors. This is 76% below median its historical median of 6.59. Over the past decade, Formosaint Jose's Return-on-Tangible-Asset has ranged from 2.46 to 9.42. According to the industry distribution chart, Formosaint Jose ranks #742 out of 1330 companies in the Vehicles & Parts industry, placing it in the top 55.8%.
Is Formosaint Jose's Return-on-Tangible-Asset too high?
Formosaint Jose's current Return-on-Tangible-Asset of 1.61% is 76% below median its 10-year median of 6.59. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 9.42. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.26. Formosaint Jose's value of 1.61% is 50.6% below this industry median. Based on the distribution chart, Formosaint Jose ranks #742 out of 1330 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Formosaint Jose has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Formosaint Jose's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Formosaint Jose ranks #742 out of 1330 companies for Return-on-Tangible-Asset. This places Formosaint Jose in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Formosaint Jose's value of 1.61% is 50.6% below this benchmark. Historically, Formosaint Jose's own Return-on-Tangible-Asset has ranged from 2.46 to 9.42 over the past decade. While the company's 10-year median is 6.59 vs. the industry median of 3.26, Formosaint Jose has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.26, based on 1,330 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Formosaint Jose's current Return-on-Tangible-Asset of 1.61% is 50.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Formosaint Jose and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosaint Jose's current Return-on-Tangible-Asset is 1.61%, which is 76% below median its own 10-year median of 6.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosaint Jose stock overvalued right now?
Formosaint Jose (ROCO:7764) has a current Return-on-Tangible-Asset of 1.61%. The current Return-on-Tangible-Asset is 1.61%, which is 76% below median its 10-year median of 6.59 and 50.6% below the Vehicles & Parts industry median of 3.26. Formosaint Jose's overall GF Score™ is 15/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Formosaint Jose (ROCO:7764), the current Return-on-Tangible-Asset is 1.61% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:7764 has been successfully added to your 
