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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. Solidwizard Technology Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$379 Mil. Solidwizard Technology Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$1,969 Mil. Therefore, Solidwizard Technology Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 19.24%.
The historical rank and industry rank for Solidwizard Technology Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:8416'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 12.81 Med: 20.32 Max: 22.51
Current: 12.81
During the past 13 years, Solidwizard Technology Co's highest Return-on-Tangible-Asset was 22.51%. The lowest was 12.81%. And the median was 20.32%.
ROCO:8416's Return-on-Tangible-Asset is ranked better than 81.86% of 2894
companies
in the Software industry
Industry Median: 2.095
vs ROCO:8416: 12.81
Solidwizard Technology Co (ROCO:8416) 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.
Solidwizard Technology Co Return-on-Tangible-Asset Related Terms
Solidwizard Technology Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Solidwizard Technology 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.
Solidwizard Technology Co Return-on-Tangible-Asset Chart
ROCO:8416 vs QH, SHOP, UBER: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Solidwizard Technology 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.
Solidwizard Technology Co Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Solidwizard Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Solidwizard Technology 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 19.24% mean?
Solidwizard Technology Co (ROCO:8416) has a Return-on-Tangible-Asset of 19.24% 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 Solidwizard Technology Co and its competitors. This is near median its historical median of 20.32. Over the past decade, Solidwizard Technology Co's Return-on-Tangible-Asset has ranged from 12.81 to 22.51. According to the industry distribution chart, Solidwizard Technology Co ranks #525 out of 2894 companies in the Software industry, placing it in the top 18.1%.
Is Solidwizard Technology Co's Return-on-Tangible-Asset too high?
Solidwizard Technology Co's current Return-on-Tangible-Asset of 19.24% is near median its 10-year median of 20.32. Over the past 10 years, this metric has ranged from a low of 12.81 to a high of 22.51. The Software industry median Return-on-Tangible-Asset is 2.10. Solidwizard Technology Co's value of 19.24% is 818.4% above this industry median. Based on the distribution chart, Solidwizard Technology Co ranks #525 out of 2894 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Solidwizard Technology Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solidwizard Technology Co's Return-on-Tangible-Asset compare to QH and SHOP?
According to the Software industry distribution chart, Solidwizard Technology Co ranks #525 out of 2894 companies for Return-on-Tangible-Asset. This places Solidwizard Technology Co in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.10. Solidwizard Technology Co's value of 19.24% is 818.4% above this benchmark. Historically, Solidwizard Technology Co's own Return-on-Tangible-Asset has ranged from 12.81 to 22.51 over the past decade. While the company's 10-year median is 20.32 vs. the industry median of 2.10, Solidwizard Technology 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 a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.10, based on 2,894 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. Solidwizard Technology Co's current Return-on-Tangible-Asset of 19.24% is 818.4% 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 Solidwizard Technology Co and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solidwizard Technology Co's current Return-on-Tangible-Asset is 19.24%, which is near median its own 10-year median of 20.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidwizard Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Solidwizard Technology Co (ROCO:8416) is currently considered Fairly Valued. The stock's GF Value™ is NT$178.55, compared to a current price of NT$169.00 — trading 5.3% below its estimated fair value. The current Return-on-Tangible-Asset is 19.24%, which is near median its 10-year median of 20.32 and 818.4% above the Software industry median of 2.10. Solidwizard Technology Co's overall GF Score™ is 91/100 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 Solidwizard Technology Co (ROCO:8416), the current Return-on-Tangible-Asset is 19.24% 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 Solidwizard Technology Co (ROCO:8416) Overvalued in 2026?
Based on GuruFocus' analysis, Solidwizard Technology Co stock appears to be undervalued.
The current stock price of NT$169.00 is trading 5.3% below its estimated GF Value™ of NT$178.55.
GuruFocus considers Solidwizard Technology Co to be Fairly Valued.
Key valuation signals for ROCO:8416:
Return-on-Tangible-Asset: 19.24% (near median its 10-year median of 20.32)
GF Value™: NT$178.55 vs. price of NT$169.00 (5.3% below fair value)
Industry Position: 818.4% above the Software median (#525 of 2894)
No single metric tells the full story. See the ROCO:8416 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solidwizard Technology Co Ltd is engaged in the R&D of IT software, electronic information supply service and wholesale of IT software. The company offers software, hardware and software solutions covering CAID, CAD, RP/RE, CAE, CAM, PDM. It also provides consultancy coaching and customized services.
91GF Score
Get the complete analysis for ROCO:8416
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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