Teh Seng Pharmaceutical Mfg Co (ROCO:7860) Return-on-Tangible-Asset: 2.90% (As of Jun. 2026) — 63% Below Median

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ROCO:7860 Teh Seng Pharmaceutical Mfg Co Ltd ROCO:7860
23 GF Score
Price NT$71.90
! 6 Warning Signs
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What is Teh Seng Pharmaceutical Mfg Co Return-on-Tangible-Asset?

Teh Seng Pharmaceutical Mfg Co ROCO:7860 23 Return-on-Tangible-Asset is 2.90% as of Jun. 2026, which is 63% below its 10-year median of 7.87. GuruFocus rates ROCO:7860 with a GF Score™ of 23/100. The stock has 6 warning signs investors should review. Among 1,006 Drug Manufacturers companies, Teh Seng Pharmaceutical Mfg Co ranks better than 65.21% 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. Teh Seng Pharmaceutical Mfg Co's annualized Net Income for the quarter that ended in Jun. 2026 was NT$40.0 Mil. Teh Seng Pharmaceutical Mfg Co's average total tangible assets for the quarter that ended in Jun. 2026 was NT$1,379.1 Mil. Therefore, Teh Seng Pharmaceutical Mfg Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 2.90%.

The historical rank and industry rank for Teh Seng Pharmaceutical Mfg Co's Return-on-Tangible-Asset or its related term are showing as below:

ROCO:7860' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.36   Med: 7.87   Max: 12.21
Current: 6.36

During the past 3 years, Teh Seng Pharmaceutical Mfg Co's highest Return-on-Tangible-Asset was 12.21%. The lowest was 6.36%. And the median was 7.87%.

ROCO:7860's Return-on-Tangible-Asset is ranked better than
65.21% of 1006 companies
in the Drug Manufacturers industry
Industry Median: 3.085 vs ROCO:7860: 6.36

Teh Seng Pharmaceutical Mfg Co  (ROCO:7860) 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 company’s 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 company’s 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.


Teh Seng Pharmaceutical Mfg Co Return-on-Tangible-Asset Related Terms


Teh Seng Pharmaceutical Mfg Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Teh Seng Pharmaceutical Mfg Co'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.

Teh Seng Pharmaceutical Mfg Co Return-on-Tangible-Asset Chart

Teh Seng Pharmaceutical Mfg Co Annual Data
Trend Dec23 Dec24 Dec25
Return-on-Tangible-Asset
7.87 12.21 7.16

Teh Seng Pharmaceutical Mfg Co Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial 9.23 15.04 4.56 9.70 2.90

ROCO:7860 vs ZTS: Return-on-Tangible-Asset Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Teh Seng Pharmaceutical Mfg 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.


Teh Seng Pharmaceutical Mfg Co Return-on-Tangible-Asset vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Teh Seng Pharmaceutical Mfg Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Teh Seng Pharmaceutical Mfg Co's Return-on-Tangible-Asset falls into.


ROCO:7860
23GF Score
Teh Seng Pharmaceutical Mfg Co Ltd ROCO:7860
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Teh Seng Pharmaceutical Mfg Co Return-on-Tangible-Asset Calculation

Teh Seng Pharmaceutical Mfg Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=103.052/( (1474.531+1403.175)/ 2 )
=103.052/1438.853
=7.16 %

Teh Seng Pharmaceutical Mfg Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=40.016/( (1403.175+1354.989)/ 2 )
=40.016/1379.082
=2.90 %

* 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 (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 2.90% mean?
Teh Seng Pharmaceutical Mfg Co (ROCO:7860) has a Return-on-Tangible-Asset of 2.90% 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 Teh Seng Pharmaceutical Mfg Co and its competitors. This is 63% below median its historical median of 7.87. Over the past decade, Teh Seng Pharmaceutical Mfg Co's Return-on-Tangible-Asset has ranged from 6.36 to 12.21. According to the industry distribution chart, Teh Seng Pharmaceutical Mfg Co ranks #350 out of 1006 companies in the Drug Manufacturers industry, placing it in the top 34.8%.
Is Teh Seng Pharmaceutical Mfg Co's Return-on-Tangible-Asset too high?
Teh Seng Pharmaceutical Mfg Co's current Return-on-Tangible-Asset of 2.90% is 63% below median its 10-year median of 7.87. Over the past 10 years, this metric has ranged from a low of 6.36 to a high of 12.21. The Drug Manufacturers industry median Return-on-Tangible-Asset is 3.09. Teh Seng Pharmaceutical Mfg Co's value of 2.90% is 6% below this industry median. Based on the distribution chart, Teh Seng Pharmaceutical Mfg Co ranks #350 out of 1006 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Teh Seng Pharmaceutical Mfg Co has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Teh Seng Pharmaceutical Mfg Co's Return-on-Tangible-Asset compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Teh Seng Pharmaceutical Mfg Co ranks #350 out of 1006 companies for Return-on-Tangible-Asset. This puts Teh Seng Pharmaceutical Mfg Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.09. Teh Seng Pharmaceutical Mfg Co's value of 2.90% is 6% below this benchmark. Historically, Teh Seng Pharmaceutical Mfg Co's own Return-on-Tangible-Asset has ranged from 6.36 to 12.21 over the past decade. While the company's 10-year median is 7.87 vs. the industry median of 3.09, Teh Seng Pharmaceutical Mfg Co 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 Drug Manufacturers company?
The median Return-on-Tangible-Asset among Drug Manufacturers companies is 3.09, based on 1,006 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. Teh Seng Pharmaceutical Mfg Co's current Return-on-Tangible-Asset of 2.90% is 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 Teh Seng Pharmaceutical Mfg Co and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Asset is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teh Seng Pharmaceutical Mfg Co's current Return-on-Tangible-Asset is 2.90%, which is 63% below median its own 10-year median of 7.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teh Seng Pharmaceutical Mfg Co stock overvalued right now?
Teh Seng Pharmaceutical Mfg Co (ROCO:7860) has a current Return-on-Tangible-Asset of 2.90%. The current Return-on-Tangible-Asset is 2.90%, which is 63% below median its 10-year median of 7.87 and 6% below the Drug Manufacturers industry median of 3.09. Teh Seng Pharmaceutical Mfg Co's overall GF Score™ is 23/100 with 6 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 Teh Seng Pharmaceutical Mfg Co (ROCO:7860), the current Return-on-Tangible-Asset is 2.90% 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.

Teh Seng Pharmaceutical Mfg Co Business Description

Address No.42,Huan Gong Road, Yong Kang District, Tainan, TWN, 710001
Teh Seng Pharmaceutical Mfg Co Ltd is engaged in the development and manufacturing of various pain relieving patches, cosmetic patches and biotechnology products. Its products include: Hydrogel Patches, Oil-Based Patches, Hot-Melt Patches, CMO & CRO for Transdermal Patch, Oral Film & Sublingual, Cosmetic Patches, Biotechnology Products and Daily Supplements.
23GF Score

Get the complete analysis for ROCO:7860

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$71.90
Price