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Chen Full International CoROCO:8383 -1.36%60 Return-on-Tangible-Asset is 7.09% as of Mar. 2026, which is 15% above its 10-year median of 6.15. GuruFocus rates ROCO:8383 with a GF Score™ of 60/100 and a GF Value™ of NT$47.94 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 3,084 Industrial Products companies, Chen Full International Co ranks better than 70.46% 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. Chen Full International Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$469 Mil. Chen Full International Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$6,619 Mil. Therefore, Chen Full International Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.09%.
The historical rank and industry rank for Chen Full International Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:8383'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.17 Med: 6.15 Max: 11.54
Current: 6.74
During the past 13 years, Chen Full International Co's highest Return-on-Tangible-Asset was 11.54%. The lowest was 3.17%. And the median was 6.15%.
ROCO:8383's Return-on-Tangible-Asset is ranked better than 70.46% of 3084
companies
in the Industrial Products industry
Industry Median: 3.41
vs ROCO:8383: 6.74
Chen Full International Co (ROCO:8383) 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.
Chen Full International Co Return-on-Tangible-Asset Related Terms
Chen Full International 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.
Chen Full International Co Return-on-Tangible-Asset Chart
ROCO:8383 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Chen Full 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.
Chen Full International Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chen Full International Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Chen Full 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.09% mean?
Chen Full International Co (ROCO:8383) has a Return-on-Tangible-Asset of 7.09% 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 Chen Full International Co and its competitors. This is 15% above median its historical median of 6.15. Over the past decade, Chen Full International Co's Return-on-Tangible-Asset has ranged from 3.17 to 11.54. According to the industry distribution chart, Chen Full International Co ranks #911 out of 3084 companies in the Industrial Products industry, placing it in the top 29.5%.
Is Chen Full International Co's Return-on-Tangible-Asset too high?
Chen Full International Co's current Return-on-Tangible-Asset of 7.09% is 15% above median its 10-year median of 6.15. Over the past 10 years, this metric has ranged from a low of 3.17 to a high of 11.54. The Industrial Products industry median Return-on-Tangible-Asset is 3.41. Chen Full International Co's value of 7.09% is 107.9% above this industry median. Based on the distribution chart, Chen Full International Co ranks #911 out of 3084 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Chen Full International Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chen Full International Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Chen Full International Co ranks #911 out of 3084 companies for Return-on-Tangible-Asset. This puts Chen Full International Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.41. Chen Full International Co's value of 7.09% is 107.9% above this benchmark. Historically, Chen Full International Co's own Return-on-Tangible-Asset has ranged from 3.17 to 11.54 over the past decade. While the company's 10-year median is 6.15 vs. the industry median of 3.41, Chen Full International 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.41, based on 3,084 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. Chen Full International Co's current Return-on-Tangible-Asset of 7.09% is 107.9% 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 Chen Full International Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chen Full International Co's current Return-on-Tangible-Asset is 7.09%, which is 15% above median its own 10-year median of 6.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chen Full International Co stock overvalued right now?
Based on GuruFocus' analysis, Chen Full International Co (ROCO:8383) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$47.94, compared to a current price of NT$65.30 — trading 36.2% above its estimated fair value. The current Return-on-Tangible-Asset is 7.09%, which is 15% above median its 10-year median of 6.15 and 107.9% above the Industrial Products industry median of 3.41. Chen Full International Co's overall GF Score™ is 60/100 with 2 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 Chen Full International Co (ROCO:8383), the current Return-on-Tangible-Asset is 7.09% 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 Chen Full International Co (ROCO:8383) Overvalued in 2026?
Based on GuruFocus' analysis, Chen Full International Co stock appears to be overvalued.
The current stock price of NT$65.30 is trading 36.2% above its estimated GF Value™ of NT$47.94.
GuruFocus considers Chen Full International Co to be Significantly Overvalued.
Key valuation signals for ROCO:8383:
Return-on-Tangible-Asset: 7.09% (15% above median its 10-year median of 6.15)
GF Value™: NT$47.94 vs. price of NT$65.30 (36.2% above fair value)
Industry Position: 107.9% above the Industrial Products median (#911 of 3084)
No single metric tells the full story. See the ROCO:8383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chen Full International Co Ltd is engaged in semiconductor control equipment system engineering; buying, selling, designing, manufacturing, and constructing cleanroom, ultrapure water equipment pipelines, and various chemical engineering equipment; manufacturing and trading of various hydraulic, mechanical parts, factory engineering pipeline materials, and precision molds; design planning of machinery and equipment for entire shoe factories and the manufacturing, processing, and trading of related material products; as well as the manufacturing and trading of various aircraft equipment.
60GF Score
Get the complete analysis for ROCO:8383
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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