Brighton-Best Internation (Taiwan) (ROCO:8415) Return-on-Tangible-Asset: 9.32% (As of Mar. 2026) — 72% Above Median

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ROCO:8415 Brighton-Best Internation (Taiwan) Inc ROCO:8415
82 GF Score
Price NT$37.50
GF Value NT$34.36
Valuation Fairly Valued
! 5 Warning Signs
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What is Brighton-Best Internation (Taiwan) Return-on-Tangible-Asset?

Brighton-Best Internation (Taiwan) ROCO:8415 -2.09% 82 Return-on-Tangible-Asset is 9.32% as of Mar. 2026, which is 72% above its 10-year median of 5.42. GuruFocus rates ROCO:8415 with a GF Score™ of 82/100 and a GF Value™ of NT$34.36 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,077 Industrial Products companies, Brighton-Best Internation (Taiwan) ranks better than 74.42% 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. Brighton-Best Internation (Taiwan)'s annualized Net Income for the quarter that ended in Mar. 2026 was NT$4,201 Mil. Brighton-Best Internation (Taiwan)'s average total tangible assets for the quarter that ended in Mar. 2026 was NT$45,096 Mil. Therefore, Brighton-Best Internation (Taiwan)'s annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.32%.

The historical rank and industry rank for Brighton-Best Internation (Taiwan)'s Return-on-Tangible-Asset or its related term are showing as below:

ROCO:8415' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.57   Med: 5.42   Max: 11.44
Current: 7.44

During the past 13 years, Brighton-Best Internation (Taiwan)'s highest Return-on-Tangible-Asset was 11.44%. The lowest was 2.57%. And the median was 5.42%.

ROCO:8415's Return-on-Tangible-Asset is ranked better than
74.42% of 3077 companies
in the Industrial Products industry
Industry Median: 3.32 vs ROCO:8415: 7.44

Brighton-Best Internation (Taiwan)  (ROCO:8415) 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 company’s 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 company’s 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.


Brighton-Best Internation (Taiwan) Return-on-Tangible-Asset Related Terms


Brighton-Best Internation (Taiwan) Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Brighton-Best Internation (Taiwan)'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.

Brighton-Best Internation (Taiwan) Return-on-Tangible-Asset Chart

Brighton-Best Internation (Taiwan) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.44 11.00 6.61 5.07 7.19

Brighton-Best Internation (Taiwan) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.57 4.18 10.38 6.41 9.32

ROCO:8415 vs SNA, RBC, SWK: Return-on-Tangible-Asset Comparison

For the Tools & Accessories subindustry, Brighton-Best Internation (Taiwan)'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.


Brighton-Best Internation (Taiwan) Return-on-Tangible-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brighton-Best Internation (Taiwan)'s Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Brighton-Best Internation (Taiwan)'s Return-on-Tangible-Asset falls into.


ROCO:8415
82GF Score
Brighton-Best Internation (Taiwan) Inc ROCO:8415
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brighton-Best Internation (Taiwan) Return-on-Tangible-Asset Calculation

Brighton-Best Internation (Taiwan)'s annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=3127.837/( (43103.936+43934.937)/ 2 )
=3127.837/43519.4365
=7.19 %

Brighton-Best Internation (Taiwan)'s annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=4201.016/( (43934.937+46256.114)/ 2 )
=4201.016/45095.5255
=9.32 %

* 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 9.32% mean?
Brighton-Best Internation (Taiwan) (ROCO:8415) has a Return-on-Tangible-Asset of 9.32% 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 Brighton-Best Internation (Taiwan) and its competitors. This is 72% above median its historical median of 5.42. Over the past decade, Brighton-Best Internation (Taiwan)'s Return-on-Tangible-Asset has ranged from 2.57 to 11.44. According to the industry distribution chart, Brighton-Best Internation (Taiwan) ranks #787 out of 3077 companies in the Industrial Products industry, placing it in the top 25.6%.
Is Brighton-Best Internation (Taiwan)'s Return-on-Tangible-Asset too high?
Brighton-Best Internation (Taiwan)'s current Return-on-Tangible-Asset of 9.32% is 72% above median its 10-year median of 5.42. Over the past 10 years, this metric has ranged from a low of 2.57 to a high of 11.44. The Industrial Products industry median Return-on-Tangible-Asset is 3.32. Brighton-Best Internation (Taiwan)'s value of 9.32% is 180.7% above this industry median. Based on the distribution chart, Brighton-Best Internation (Taiwan) ranks #787 out of 3077 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Brighton-Best Internation (Taiwan) has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Brighton-Best Internation (Taiwan)'s Return-on-Tangible-Asset compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Brighton-Best Internation (Taiwan) ranks #787 out of 3077 companies for Return-on-Tangible-Asset. This puts Brighton-Best Internation (Taiwan) in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.32. Brighton-Best Internation (Taiwan)'s value of 9.32% is 180.7% above this benchmark. Historically, Brighton-Best Internation (Taiwan)'s own Return-on-Tangible-Asset has ranged from 2.57 to 11.44 over the past decade. While the company's 10-year median is 5.42 vs. the industry median of 3.32, Brighton-Best Internation (Taiwan) 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 3.32, based on 3,077 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. Brighton-Best Internation (Taiwan)'s current Return-on-Tangible-Asset of 9.32% is 180.7% 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 Brighton-Best Internation (Taiwan) and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brighton-Best Internation (Taiwan)'s current Return-on-Tangible-Asset is 9.32%, which is 72% above median its own 10-year median of 5.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brighton-Best Internation (Taiwan) stock overvalued right now?
Based on GuruFocus' analysis, Brighton-Best Internation (Taiwan) (ROCO:8415) is currently considered Fairly Valued. The stock's GF Value™ is NT$34.36, compared to a current price of NT$37.50 — trading 9.1% above its estimated fair value. The current Return-on-Tangible-Asset is 9.32%, which is 72% above median its 10-year median of 5.42 and 180.7% above the Industrial Products industry median of 3.32. Brighton-Best Internation (Taiwan)'s overall GF Score™ is 82/100 with 5 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 Brighton-Best Internation (Taiwan) (ROCO:8415), the current Return-on-Tangible-Asset is 9.32% 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 Brighton-Best Internation (Taiwan) (ROCO:8415) Overvalued in 2026?

Based on GuruFocus' analysis, Brighton-Best Internation (Taiwan) stock appears to be overvalued. The current stock price of NT$37.50 is trading 9.1% above its estimated GF Value™ of NT$34.36. GuruFocus considers Brighton-Best Internation (Taiwan) to be Fairly Valued.

Key valuation signals for ROCO:8415:

  • Return-on-Tangible-Asset: 9.32% (72% above median its 10-year median of 5.42)
  • GF Value™: NT$34.36 vs. price of NT$37.50 (9.1% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 180.7% above the Industrial Products median (#787 of 3077)

No single metric tells the full story. See the ROCO:8415 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brighton-Best Internation (Taiwan) Business Description

Address No. 122, Yi-Lin Road, Rende Township, Tainan, TWN, 71752
Brighton-Best Internation (Taiwan) Inc supplies and distributes steel-related components and products. It has divided its products into Proferred tools, Fasteners, Drilling screws, and Cutting tools divisions. Its products are Magnetic nut setters, Proferred pipe wrenches, Bolts, Drywall screws, Straight shank carbide drill bits, Drilling screws, etc. The company is geographically divided into segments: Canada, the United States, Australia, Taiwan, and Others, out of which the United States derives the maximum revenue.
82GF Score

Get the complete analysis for ROCO:8415

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$37.50
Price
NT$34.36
GF Value