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High Performance Information CoROCO:7767 -1.44%24 Return-on-Tangible-Asset is 6.88% as of Jun. 2026, which is 16% above its 10-year median of 5.92. GuruFocus rates ROCO:7767 with a GF Score™ of 24/100. The stock has 5 warning signs investors should review. Among 2,895 Software companies, High Performance Information Co ranks better than 62.56% on this metric.
High Performance Information Co (ROCO:7767) 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.
High Performance Information Co Return-on-Tangible-Asset Related Terms
High Performance Information Co Return-on-Tangible-Asset Historical Data
* 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.
High Performance Information Co Return-on-Tangible-Asset Chart
ROCO:7767 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, High Performance Information Co'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.
High Performance Information Co Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, High Performance Information Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where High Performance Information Co'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 four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.88% mean?
High Performance Information Co (ROCO:7767) has a Return-on-Tangible-Asset of 6.88% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on High Performance Information Co and its competitors. This is 16% above median its historical median of 5.92. Over the past decade, High Performance Information Co's Return-on-Tangible-Asset has ranged from 5.31 to 6.85. According to the industry distribution chart, High Performance Information Co ranks #1084 out of 2895 companies in the Software industry, placing it in the top 37.4%.
Is High Performance Information Co's Return-on-Tangible-Asset too high?
High Performance Information Co's current Return-on-Tangible-Asset of 6.88% is 16% above median its 10-year median of 5.92. Over the past 10 years, this metric has ranged from a low of 5.31 to a high of 6.85. The Software industry median Return-on-Tangible-Asset is 2.20. High Performance Information Co's value of 6.88% is 212.7% above this industry median. Based on the distribution chart, High Performance Information Co ranks #1084 out of 2895 companies in the Software industry, which is above the industry midpoint. Overall, High Performance Information Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does High Performance Information Co's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, High Performance Information Co ranks #1084 out of 2895 companies for Return-on-Tangible-Asset. This puts High Performance Information Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.20. High Performance Information Co's value of 6.88% is 212.7% above this benchmark. Historically, High Performance Information Co's own Return-on-Tangible-Asset has ranged from 5.31 to 6.85 over the past decade. While the company's 10-year median is 5.92 vs. the industry median of 2.20, High Performance Information Co has consistently been above 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.20, based on 2,895 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. High Performance Information Co's current Return-on-Tangible-Asset of 6.88% is 212.7% above 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 High Performance Information Co and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Performance Information Co's current Return-on-Tangible-Asset is 6.88%, which is 16% above median its own 10-year median of 5.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Performance Information Co stock overvalued right now?
High Performance Information Co (ROCO:7767) has a current Return-on-Tangible-Asset of 6.88%. The current Return-on-Tangible-Asset is 6.88%, which is 16% above median its 10-year median of 5.92 and 212.7% above the Software industry median of 2.20. High Performance Information Co's overall GF Score™ is 24/100 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 High Performance Information Co (ROCO:7767), the current Return-on-Tangible-Asset is 6.88% as of Jun. 2026. 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.
AddressNo. 118, Wugong 3rd Road, Wugu District, New Taipei City, TWN, 248019
High Performance Information Co Ltd is engaged in manufacturing in Taiwan's information service industry. It provides information software and hardware sales, maintenance, and IT outsourcing services. The group provides solutions and services through Internet and Information Security and Data Center modernization. Its products are servers, storage systems, network Hyperconvergence, laptop, desktop computer, monitor, printer, and others.
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