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Ampire CoROCO:8049 +0.57%73 Return-on-Tangible-Asset is 7.85% as of Mar. 2026, which is 38% below its 10-year median of 12.73. GuruFocus rates ROCO:8049 with a GF Score™ of 73/100 and a GF Value™ of NT$23.63 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,501 Hardware companies, Ampire Co ranks better than 79.01% 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. Ampire Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$210 Mil. Ampire Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$2,678 Mil. Therefore, Ampire Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.85%.
The historical rank and industry rank for Ampire Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:8049'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.8 Med: 12.73 Max: 17.92
Current: 7.8
During the past 13 years, Ampire Co's highest Return-on-Tangible-Asset was 17.92%. The lowest was 7.80%. And the median was 12.73%.
ROCO:8049's Return-on-Tangible-Asset is ranked better than 79.01% of 2501
companies
in the Hardware industry
Industry Median: 2.48
vs ROCO:8049: 7.80
Ampire Co (ROCO:8049) 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.
Ampire Co Return-on-Tangible-Asset Related Terms
Ampire Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ampire 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.
ROCO:8049 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Ampire 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.
Ampire Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Ampire Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ampire 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.85% mean?
Ampire Co (ROCO:8049) has a Return-on-Tangible-Asset of 7.85% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ampire Co and its competitors. This is 38% below median its historical median of 12.73. Over the past decade, Ampire Co's Return-on-Tangible-Asset has ranged from 7.80 to 17.92. According to the industry distribution chart, Ampire Co ranks #525 out of 2501 companies in the Hardware industry, placing it in the top 21%.
Is Ampire Co's Return-on-Tangible-Asset too high?
Ampire Co's current Return-on-Tangible-Asset of 7.85% is 38% below median its 10-year median of 12.73. Over the past 10 years, this metric has ranged from a low of 7.80 to a high of 17.92. The Hardware industry median Return-on-Tangible-Asset is 2.48. Ampire Co's value of 7.85% is 216.5% above this industry median. Based on the distribution chart, Ampire Co ranks #525 out of 2501 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Ampire Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ampire Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Ampire Co ranks #525 out of 2501 companies for Return-on-Tangible-Asset. This places Ampire Co in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.48. Ampire Co's value of 7.85% is 216.5% above this benchmark. Historically, Ampire Co's own Return-on-Tangible-Asset has ranged from 7.80 to 17.92 over the past decade. While the company's 10-year median is 12.73 vs. the industry median of 2.48, Ampire 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.48, based on 2,501 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. Ampire Co's current Return-on-Tangible-Asset of 7.85% is 216.5% 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 Ampire Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ampire Co's current Return-on-Tangible-Asset is 7.85%, which is 38% below median its own 10-year median of 12.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ampire Co stock overvalued right now?
Based on GuruFocus' analysis, Ampire Co (ROCO:8049) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$23.63, compared to a current price of NT$26.55 — trading 12.4% above its estimated fair value. The current Return-on-Tangible-Asset is 7.85%, which is 38% below median its 10-year median of 12.73 and 216.5% above the Hardware industry median of 2.48. Ampire Co's overall GF Score™ is 73/100 with 3 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 Ampire Co (ROCO:8049), the current Return-on-Tangible-Asset is 7.85% as of Mar. 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.
Is Ampire Co (ROCO:8049) Overvalued in 2026?
Based on GuruFocus' analysis, Ampire Co stock appears to be overvalued.
The current stock price of NT$26.55 is trading 12.4% above its estimated GF Value™ of NT$23.63.
GuruFocus considers Ampire Co to be Modestly Overvalued.
Key valuation signals for ROCO:8049:
Return-on-Tangible-Asset: 7.85% (38% below median its 10-year median of 12.73)
GF Value™: NT$23.63 vs. price of NT$26.55 (12.4% above fair value)
Industry Position: 216.5% above the Hardware median (#525 of 2501)
No single metric tells the full story. See the ROCO:8049 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ampire Co Ltd is engaged in the manufacturing of data storage and processing equipment; manufacturing of electronic components; manufacturing of other electrical and electronic machinery and equipment; retailing of clerical machinery equipment; and retailing of other mechanical appliances such as LCD monitors, LCD modules, and touch screens. Ampire generates maximum revenue from the sale of TFT and Touch panels. It operates in a single industry, the manufacturing and sales of LCD modules. Geographically, the Group generates maximum revenue from Europe, and the rest from the Americas, Africa, Asia, Taiwan, and Oceania.
73GF Score
Get the complete analysis for ROCO:8049
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