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Qnap SystemsROCO:7805 +1.18%30 Return-on-Tangible-Asset is 12.46% as of Jun. 2026, which is 3% above its 10-year median of 12.15. GuruFocus rates ROCO:7805 with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 2,887 Software companies, Qnap Systems ranks better than 87.22% 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. Qnap Systems's annualizedNet Income for the quarter that ended in Jun. 2026 was NT$1,359 Mil. Qnap Systems's average total tangible assets for the quarter that ended in Jun. 2026 was NT$10,907 Mil. Therefore, Qnap Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 12.46%.
The historical rank and industry rank for Qnap Systems's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:7805'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.18 Med: 12.15 Max: 16.44
Current: 16.44
During the past 5 years, Qnap Systems's highest Return-on-Tangible-Asset was 16.44%. The lowest was 4.18%. And the median was 12.15%.
ROCO:7805's Return-on-Tangible-Asset is ranked better than 87.22% of 2887
companies
in the Software industry
Industry Median: 2.04
vs ROCO:7805: 16.44
Qnap Systems (ROCO:7805) 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.
Qnap Systems Return-on-Tangible-Asset Related Terms
Qnap Systems Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Qnap Systems'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:7805 vs CRM, SHOP, UBER: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Qnap Systems'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.
Qnap Systems Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Qnap Systems's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Qnap Systems'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 12.46% mean?
Qnap Systems (ROCO:7805) has a Return-on-Tangible-Asset of 12.46% 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 Qnap Systems and its competitors. This is near median its historical median of 12.15. Over the past decade, Qnap Systems' Return-on-Tangible-Asset has ranged from 4.18 to 16.44. According to the industry distribution chart, Qnap Systems ranks #369 out of 2887 companies in the Software industry, placing it in the top 12.8%.
Is Qnap Systems' Return-on-Tangible-Asset too high?
Qnap Systems' current Return-on-Tangible-Asset of 12.46% is near median its 10-year median of 12.15. Over the past 10 years, this metric has ranged from a low of 4.18 to a high of 16.44. The Software industry median Return-on-Tangible-Asset is 2.04. Qnap Systems' value of 12.46% is 510.8% above this industry median. Based on the distribution chart, Qnap Systems ranks #369 out of 2887 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Qnap Systems has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Qnap Systems' Return-on-Tangible-Asset compare to CRM and SHOP?
According to the Software industry distribution chart, Qnap Systems ranks #369 out of 2887 companies for Return-on-Tangible-Asset. This places Qnap Systems in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.04. Qnap Systems' value of 12.46% is 510.8% above this benchmark. Historically, Qnap Systems' own Return-on-Tangible-Asset has ranged from 4.18 to 16.44 over the past decade. While the company's 10-year median is 12.15 vs. the industry median of 2.04, Qnap Systems 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 2.04, based on 2,887 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. Qnap Systems's current Return-on-Tangible-Asset of 12.46% is 510.8% 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 Qnap Systems and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qnap Systems's current Return-on-Tangible-Asset is 12.46%, which is near median its own 10-year median of 12.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qnap Systems stock overvalued right now?
Qnap Systems (ROCO:7805) has a current Return-on-Tangible-Asset of 12.46%. The current Return-on-Tangible-Asset is 12.46%, which is near median its 10-year median of 12.15 and 510.8% above the Software industry median of 2.04. Qnap Systems' overall GF Score™ is 30/100 with 2 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 Qnap Systems (ROCO:7805), the current Return-on-Tangible-Asset is 12.46% 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.
Qnap Systems Inc is engaged in business activities that include the manufacturing and sale of data storage and processing equipment, wired communication machinery and equipment, and optical instruments, as well as related import and export trading businesses. The Group has only one reportable segment, the Network Attached Storage equipment segment. The Network Attached Storage equipment segment is mainly engaged in the manufacturing, sale, and development of data storage and processing equipment. Geographically, the company operates in Taiwan, America, Europe, Asia, and Other. The majority of its revenue is generated from Europe.
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