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Redwood GroupROCO:8426 -0.47%68 Return-on-Tangible-Asset is -3.44% as of Mar. 2026. GuruFocus rates ROCO:8426 with a GF Score™ of 68/100 and a GF Value™ of NT$46.49 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Redwood Group ranks better than 62.67% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Redwood Group's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$-85 Mil. Redwood Group's average total tangible assets for the quarter that ended in Mar. 2026 was NT$2,473 Mil. Therefore, Redwood Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -3.44%.
The historical rank and industry rank for Redwood Group's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:8426'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.8 Med: 2.74 Max: 18.05
Current: 4.39
During the past 13 years, Redwood Group's highest Return-on-Tangible-Asset was 18.05%. The lowest was -6.80%. And the median was 2.74%.
ROCO:8426's Return-on-Tangible-Asset is ranked better than 62.67% of 434
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.455
vs ROCO:8426: 4.39
Redwood Group (ROCO:8426) 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.
Redwood Group Return-on-Tangible-Asset Related Terms
Redwood Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Redwood Group'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.
ROCO:8426 vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison
For the Furnishings, Fixtures & Appliances subindustry, Redwood Group'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.
Redwood Group Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Redwood Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Redwood Group'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 -3.44% mean?
Redwood Group (ROCO:8426) has a Return-on-Tangible-Asset of -3.44% 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 Redwood Group and its competitors. According to the industry distribution chart, Redwood Group ranks #162 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 37.3%.
Is Redwood Group's Return-on-Tangible-Asset too high?
Redwood Group's current Return-on-Tangible-Asset is -3.44%. Based on the distribution chart, Redwood Group ranks #162 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Redwood Group has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Redwood Group's Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Redwood Group ranks #162 out of 434 companies for Return-on-Tangible-Asset. This puts Redwood Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.46. 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.46, based on 434 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 Redwood Group and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redwood Group's current Return-on-Tangible-Asset is -3.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redwood Group stock overvalued right now?
Based on GuruFocus' analysis, Redwood Group (ROCO:8426) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$46.49, compared to a current price of NT$21.25 — trading 54.3% below its estimated fair value. The current Return-on-Tangible-Asset is -3.44%. Redwood Group's overall GF Score™ is 68/100 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 Redwood Group (ROCO:8426), the current Return-on-Tangible-Asset is -3.44% 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 Redwood Group (ROCO:8426) Overvalued in 2026?
Based on GuruFocus' analysis, Redwood Group stock appears to be undervalued.
The current stock price of NT$21.25 is trading 54.3% below its estimated GF Value™ of NT$46.49.
GuruFocus considers Redwood Group to be Significantly Undervalued.
Key valuation signals for ROCO:8426:
Return-on-Tangible-Asset: -3.44%
GF Value™: NT$46.49 vs. price of NT$21.25 (54.3% below fair value)
No single metric tells the full story. See the ROCO:8426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Redwood Group Ltd is a contract manufacturer of high-quality interior fittings. It is mainly engaged in the decoration of globally advance boutique brand stores. The Group operates in three principal geographical areas - Singapore, Malaysia, and the USA, other than that the company also operates in Asian, the Middle East, the Americas, and Europe.
68GF Score
Get the complete analysis for ROCO:8426
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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