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.
Ibase TechnologyROCO:8050 +9.35%65 Return-on-Tangible-Asset is 5.15% as of Mar. 2026, which is 7% above its 10-year median of 4.81. GuruFocus rates ROCO:8050 with a GF Score™ of 65/100 and a GF Value™ of NT$58.84 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 2,501 Hardware companies, Ibase Technology ranks worse than 55.62% 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. Ibase Technology's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$624 Mil. Ibase Technology's average total tangible assets for the quarter that ended in Mar. 2026 was NT$12,113 Mil. Therefore, Ibase Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.15%.
The historical rank and industry rank for Ibase Technology's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:8050'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1 Med: 4.81 Max: 13.99
Current: 1.65
During the past 13 years, Ibase Technology's highest Return-on-Tangible-Asset was 13.99%. The lowest was 1.00%. And the median was 4.81%.
ROCO:8050's Return-on-Tangible-Asset is ranked worse than 55.62% of 2501
companies
in the Hardware industry
Industry Median: 2.48
vs ROCO:8050: 1.65
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.
Ibase Technology Return-on-Tangible-Asset Related Terms
Ibase Technology Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ibase Technology'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:8050 vs DELL, ANET, SNDK: Return-on-Tangible-Asset Comparison
For the Computer Hardware subindustry, Ibase Technology'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.
Ibase Technology Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Ibase Technology's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ibase Technology'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 5.15% mean?
Ibase Technology (ROCO:8050) has a Return-on-Tangible-Asset of 5.15% 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 Ibase Technology and its competitors. This is near median its historical median of 4.81. Over the past decade, Ibase Technology's Return-on-Tangible-Asset has ranged from 1.00 to 13.99. According to the industry distribution chart, Ibase Technology ranks #1391 out of 2501 companies in the Hardware industry, placing it in the top 55.6%.
Is Ibase Technology's Return-on-Tangible-Asset too high?
Ibase Technology's current Return-on-Tangible-Asset of 5.15% is near median its 10-year median of 4.81. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 13.99. The Hardware industry median Return-on-Tangible-Asset is 2.48. Ibase Technology's value of 5.15% is 107.7% above this industry median. Based on the distribution chart, Ibase Technology ranks #1391 out of 2501 companies in the Hardware industry, which is below the industry midpoint. Overall, Ibase Technology has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ibase Technology's Return-on-Tangible-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, Ibase Technology ranks #1391 out of 2501 companies for Return-on-Tangible-Asset. This places Ibase Technology in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.48. Ibase Technology's value of 5.15% is 107.7% above this benchmark. Historically, Ibase Technology's own Return-on-Tangible-Asset has ranged from 1.00 to 13.99 over the past decade. While the company's 10-year median is 4.81 vs. the industry median of 2.48, Ibase Technology 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. Ibase Technology's current Return-on-Tangible-Asset of 5.15% is 107.7% 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 Ibase Technology 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. Ibase Technology's current Return-on-Tangible-Asset is 5.15%, which is near median its own 10-year median of 4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ibase Technology stock overvalued right now?
Based on GuruFocus' analysis, Ibase Technology (ROCO:8050) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$58.84, compared to a current price of NT$69.00 — trading 17.3% above its estimated fair value. The current Return-on-Tangible-Asset is 5.15%, which is near median its 10-year median of 4.81 and 107.7% above the Hardware industry median of 2.48. Ibase Technology's overall GF Score™ is 65/100 with 11 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 Ibase Technology (ROCO:8050), the current Return-on-Tangible-Asset is 5.15% 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 Ibase Technology (ROCO:8050) Overvalued in 2026?
Based on GuruFocus' analysis, Ibase Technology stock appears to be overvalued.
The current stock price of NT$69.00 is trading 17.3% above its estimated GF Value™ of NT$58.84.
GuruFocus considers Ibase Technology to be Modestly Overvalued.
Key valuation signals for ROCO:8050:
Return-on-Tangible-Asset: 5.15% (near median its 10-year median of 4.81)
GF Value™: NT$58.84 vs. price of NT$69.00 (17.3% above fair value)
Industry Position: 107.7% above the Hardware median (#1391 of 2501)
No single metric tells the full story. See the ROCO:8050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ibase Technology Inc is a Taiwan-based company principally engaged in the manufacture and distribution of computer devices. It offers single-board computers, industrial motherboards, embedded systems, and panel PCs in the Industrial PC market. The company has two manufacturing sites, one in Sanchung and another one in Xinzhuang, New Taipei City, Taiwan. All the business activity is functioned through Taiwan and its products are distributed in Taiwan and to an international market.
65GF Score
Get the complete analysis for ROCO:8050
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:8050 has been successfully added to your 
