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NEXCOM International CoROCO:8234 +0.15%63 Return-on-Tangible-Asset is 2.37% as of Jun. 2026, which is 4% below its 10-year median of 2.46. GuruFocus rates ROCO:8234 with a GF Score™ of 63/100 and a GF Value™ of NT$58.90 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,499 Hardware companies, NEXCOM International Co ranks worse than 68.31% 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. NEXCOM International Co's annualizedNet Income for the quarter that ended in Jun. 2026 was NT$160 Mil. NEXCOM International Co's average total tangible assets for the quarter that ended in Jun. 2026 was NT$6,777 Mil. Therefore, NEXCOM International Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 2.37%.
The historical rank and industry rank for NEXCOM International Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:8234'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.41 Med: 2.46 Max: 10.81
Current: -0.41
During the past 13 years, NEXCOM International Co's highest Return-on-Tangible-Asset was 10.81%. The lowest was -0.41%. And the median was 2.46%.
ROCO:8234's Return-on-Tangible-Asset is ranked worse than 68.31% of 2499
companies
in the Hardware industry
Industry Median: 2.69
vs ROCO:8234: -0.41
NEXCOM International Co (ROCO:8234) 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.
NEXCOM International Co Return-on-Tangible-Asset Related Terms
NEXCOM International Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for NEXCOM International 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.
NEXCOM International Co Return-on-Tangible-Asset Chart
ROCO:8234 vs DELL, ANET, SNDK: Return-on-Tangible-Asset Comparison
For the Computer Hardware subindustry, NEXCOM International 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.
NEXCOM International Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, NEXCOM International Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where NEXCOM International 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 2.37% mean?
NEXCOM International Co (ROCO:8234) has a Return-on-Tangible-Asset of 2.37% 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 NEXCOM International Co and its competitors. This is near median its historical median of 2.46. According to the industry distribution chart, NEXCOM International Co ranks #1707 out of 2499 companies in the Hardware industry, placing it in the top 68.3%.
Is NEXCOM International Co's Return-on-Tangible-Asset too high?
NEXCOM International Co's current Return-on-Tangible-Asset of 2.37% is near median its 10-year median of 2.46. The Hardware industry median Return-on-Tangible-Asset is 2.69. NEXCOM International Co's value of 2.37% is 11.9% below this industry median. Based on the distribution chart, NEXCOM International Co ranks #1707 out of 2499 companies in the Hardware industry, which is below the industry midpoint. Overall, NEXCOM International Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NEXCOM International Co's Return-on-Tangible-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, NEXCOM International Co ranks #1707 out of 2499 companies for Return-on-Tangible-Asset. This places NEXCOM International Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.69. NEXCOM International Co's value of 2.37% is 11.9% below this benchmark. While the company's 10-year median is 2.46 vs. the industry median of 2.69, NEXCOM International 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.69, based on 2,499 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. NEXCOM International Co's current Return-on-Tangible-Asset of 2.37% is 11.9% 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 NEXCOM International Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEXCOM International Co's current Return-on-Tangible-Asset is 2.37%, which is near median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXCOM International Co stock overvalued right now?
Based on GuruFocus' analysis, NEXCOM International Co (ROCO:8234) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$58.90, compared to a current price of NT$66.60 — trading 13.1% above its estimated fair value. The current Return-on-Tangible-Asset is 2.37%, which is near median its 10-year median of 2.46 and 11.9% below the Hardware industry median of 2.69. NEXCOM International Co's overall GF Score™ is 63/100 with 4 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 NEXCOM International Co (ROCO:8234), the current Return-on-Tangible-Asset is 2.37% 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.
Is NEXCOM International Co (ROCO:8234) Overvalued in 2026?
Based on GuruFocus' analysis, NEXCOM International Co stock appears to be overvalued.
The current stock price of NT$66.60 is trading 13.1% above its estimated GF Value™ of NT$58.90.
GuruFocus considers NEXCOM International Co to be Modestly Overvalued.
Key valuation signals for ROCO:8234:
Return-on-Tangible-Asset: 2.37% (near median its 10-year median of 2.46)
GF Value™: NT$58.90 vs. price of NT$66.60 (13.1% above fair value)
Industry Position: 11.9% below the Hardware median (#1707 of 2499)
No single metric tells the full story. See the ROCO:8234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NEXCOM International Co Ltd is engaged in the manufacture and sales of industrial personal computers and peripherals, distribution agency services, and the design of computer programs and software applications. The Group is mainly engaged in the manufacture and sale of industrial personal computers. Its products and solutions include OT Cybersecurity Solutions, IoT Automation Solutions, Intelligent Platforms for Smart Cities, Mobile Computing Solutions, Network and Communication Solutions, Intelligent Video Surveillance, Industrial Wireless Solutions, Medical & Healthcare Informatics, solution demo, and other related offerings. The Group operates in Taiwan, Asia, and America, with Taiwan generating the majority of revenue.
63GF Score
Get the complete analysis for ROCO:8234
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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