Fu Burg Industrial Co (ROCO:8929) Return-on-Tangible-Asset: -0.93% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:8929 Fu Burg Industrial Co Ltd ROCO:8929
56 GF Score
Price NT$13.30
GF Value NT$20.84
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Fu Burg Industrial Co Return-on-Tangible-Asset?

Fu Burg Industrial Co ROCO:8929 +0.76% 56 Return-on-Tangible-Asset is -0.93% as of Mar. 2026. GuruFocus rates ROCO:8929 with a GF Score™ of 56/100 and a GF Value™ of NT$20.84 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,989 Consumer Packaged Goods companies, Fu Burg Industrial Co ranks worse than 74.96% 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. Fu Burg Industrial Co's annualized Net Income for the quarter that ended in Mar. 2026 was NT$-12.3 Mil. Fu Burg Industrial Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$1,320.3 Mil. Therefore, Fu Burg Industrial Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.93%.

The historical rank and industry rank for Fu Burg Industrial Co's Return-on-Tangible-Asset or its related term are showing as below:

ROCO:8929' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.19   Med: 1.33   Max: 9.78
Current: -0.94

During the past 13 years, Fu Burg Industrial Co's highest Return-on-Tangible-Asset was 9.78%. The lowest was -5.19%. And the median was 1.33%.

ROCO:8929's Return-on-Tangible-Asset is ranked worse than
74.96% of 1989 companies
in the Consumer Packaged Goods industry
Industry Median: 3.52 vs ROCO:8929: -0.94

Fu Burg Industrial Co  (ROCO:8929) 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.


Fu Burg Industrial Co Return-on-Tangible-Asset Related Terms


Fu Burg Industrial Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Fu Burg Industrial 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.

Fu Burg Industrial Co Return-on-Tangible-Asset Chart

Fu Burg Industrial Co 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 -4.82 -5.19 -1.92 3.76 -1.73

Fu Burg Industrial Co 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 -3.93 -5.62 2.64 0.40 -0.93

ROCO:8929 vs PG, CL, KVUE: Return-on-Tangible-Asset Comparison

For the Household & Personal Products subindustry, Fu Burg Industrial 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.


Fu Burg Industrial Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fu Burg Industrial Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Fu Burg Industrial Co's Return-on-Tangible-Asset falls into.


ROCO:8929
56GF Score
Fu Burg Industrial Co Ltd ROCO:8929
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fu Burg Industrial Co Return-on-Tangible-Asset Calculation

Fu Burg Industrial Co'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 )
=-22.863/( (1353.839+1285.025)/ 2 )
=-22.863/1319.432
=-1.73 %

Fu Burg Industrial Co'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 )
=-12.316/( (1285.025+1355.52)/ 2 )
=-12.316/1320.2725
=-0.93 %

* 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 -0.93% mean?
Fu Burg Industrial Co (ROCO:8929) has a Return-on-Tangible-Asset of -0.93% 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 Fu Burg Industrial Co and its competitors. According to the industry distribution chart, Fu Burg Industrial Co ranks #1491 out of 1989 companies in the Consumer Packaged Goods industry, placing it in the top 75%.
Is Fu Burg Industrial Co's Return-on-Tangible-Asset too high?
Fu Burg Industrial Co's current Return-on-Tangible-Asset is -0.93%. Based on the distribution chart, Fu Burg Industrial Co ranks #1491 out of 1989 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Fu Burg Industrial Co has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fu Burg Industrial Co's Return-on-Tangible-Asset compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Fu Burg Industrial Co ranks #1491 out of 1989 companies for Return-on-Tangible-Asset. This places Fu Burg Industrial Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.52. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.52, based on 1,989 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 Fu Burg Industrial Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fu Burg Industrial Co's current Return-on-Tangible-Asset is -0.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fu Burg Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Fu Burg Industrial Co (ROCO:8929) is currently considered Possible Value Trap. The stock's GF Value™ is NT$20.84, compared to a current price of NT$13.30 — trading 36.2% below its estimated fair value. The current Return-on-Tangible-Asset is -0.93%. Fu Burg Industrial Co's overall GF Score™ is 56/100 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 Fu Burg Industrial Co (ROCO:8929), the current Return-on-Tangible-Asset is -0.93% 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 Fu Burg Industrial Co (ROCO:8929) Overvalued in 2026?

Based on GuruFocus' analysis, Fu Burg Industrial Co stock appears to be undervalued. The current stock price of NT$13.30 is trading 36.2% below its estimated GF Value™ of NT$20.84. GuruFocus considers Fu Burg Industrial Co to be Possible Value Trap.

Key valuation signals for ROCO:8929:

  • Return-on-Tangible-Asset: -0.93%
  • GF Value™: NT$20.84 vs. price of NT$13.30 (36.2% below fair value)
  • GF Score™: 56/100 with 5 warning signs

No single metric tells the full story. See the ROCO:8929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fu Burg Industrial Co Business Description

Address 2F-3, No.130, section 2, Zhong-Xiao East Road, Jhongjheng District, Taipei, TWN, 100
Fu Burg Industrial Co Ltd is engaged in the manufacture and sale of paper hygiene products such as adult and baby diapers and wet wipes. Some of its products include sanitary pads, tissue paper, paper cups, plates, hats, diapers, clothing, and pants.
56GF Score

Get the complete analysis for ROCO:8929

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

NT$13.30
Price
NT$20.84
GF Value