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The historical rank and industry rank for Taiwan Television Enterprise Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:8329'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.98 Med: 0.89 Max: 23.2
Current: 7.02
During the past 13 years, Taiwan Television Enterprise Co's highest Return-on-Tangible-Asset was 23.20%. The lowest was -1.98%. And the median was 0.89%.
ROCO:8329's Return-on-Tangible-Asset is ranked better than 77.89% of 1031
companies
in the Media - Diversified industry
Industry Median: 0.78
vs ROCO:8329: 7.02
Taiwan Television Enterprise Co (ROCO:8329) 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.
Taiwan Television Enterprise Co Return-on-Tangible-Asset Related Terms
Taiwan Television Enterprise Co Return-on-Tangible-Asset Historical Data
* 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.
Taiwan Television Enterprise Co Return-on-Tangible-Asset Chart
ROCO:8329 vs NXST: Return-on-Tangible-Asset Comparison
For the Broadcasting subindustry, Taiwan Television Enterprise 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.
Taiwan Television Enterprise Co Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Taiwan Television Enterprise Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Taiwan Television Enterprise 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 two times the semi-annual (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -3.70% mean?
Taiwan Television Enterprise Co (ROCO:8329) has a Return-on-Tangible-Asset of -3.70% 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 Taiwan Television Enterprise Co and its competitors. According to the industry distribution chart, Taiwan Television Enterprise Co ranks #228 out of 1031 companies in the Media - Diversified industry, placing it in the top 22.1%.
Is Taiwan Television Enterprise Co's Return-on-Tangible-Asset too high?
Taiwan Television Enterprise Co's current Return-on-Tangible-Asset is -3.70%. Based on the distribution chart, Taiwan Television Enterprise Co ranks #228 out of 1031 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Television Enterprise Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Television Enterprise Co's Return-on-Tangible-Asset compare to NXST?
According to the Media - Diversified industry distribution chart, Taiwan Television Enterprise Co ranks #228 out of 1031 companies for Return-on-Tangible-Asset. This places Taiwan Television Enterprise Co in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.78. 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.78, based on 1,031 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. 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 Taiwan Television Enterprise Co and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Television Enterprise Co's current Return-on-Tangible-Asset is -3.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Television Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Television Enterprise Co (ROCO:8329) is currently considered Fairly Valued. The stock's GF Value™ is NT$10.28, compared to a current price of NT$10.65 — trading 3.6% above its estimated fair value. The current Return-on-Tangible-Asset is -3.70%. Taiwan Television Enterprise Co's overall GF Score™ is 74/100 with 8 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 Taiwan Television Enterprise Co (ROCO:8329), the current Return-on-Tangible-Asset is -3.70% 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 Taiwan Television Enterprise Co (ROCO:8329) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Television Enterprise Co stock appears to be overvalued.
The current stock price of NT$10.65 is trading 3.6% above its estimated GF Value™ of NT$10.28.
GuruFocus considers Taiwan Television Enterprise Co to be Fairly Valued.
Key valuation signals for ROCO:8329:
Return-on-Tangible-Asset: -3.70%
GF Value™: NT$10.28 vs. price of NT$10.65 (3.6% above fair value)
No single metric tells the full story. See the ROCO:8329 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Television Enterprise Co Ltd is a Taiwan based company engages in the production of a television program, radio and television advertising, and program distribution.
74GF Score
Get the complete analysis for ROCO:8329
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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