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.
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.
CKM Applied MaterialsROCO:8930 +0.32%87 Return-on-Tangible-Asset is 9.65% as of Mar. 2026, which is 70% above its 10-year median of 5.69. GuruFocus rates ROCO:8930 with a GF Score™ of 87/100 and a GF Value™ of NT$31.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,786 Construction companies, CKM Applied Materials ranks better than 83.31% 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. CKM Applied Materials's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$198 Mil. CKM Applied Materials's average total tangible assets for the quarter that ended in Mar. 2026 was NT$2,054 Mil. Therefore, CKM Applied Materials's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.65%.
The historical rank and industry rank for CKM Applied Materials's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:8930'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.34 Med: 5.69 Max: 12.69
Current: 9.33
During the past 13 years, CKM Applied Materials's highest Return-on-Tangible-Asset was 12.69%. The lowest was 1.34%. And the median was 5.69%.
ROCO:8930's Return-on-Tangible-Asset is ranked better than 83.31% of 1786
companies
in the Construction industry
Industry Median: 3.055
vs ROCO:8930: 9.33
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.
CKM Applied Materials Return-on-Tangible-Asset Related Terms
CKM Applied Materials Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CKM Applied Materials'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:8930 vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, CKM Applied Materials'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.
CKM Applied Materials Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, CKM Applied Materials's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CKM Applied Materials'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 9.65% mean?
CKM Applied Materials (ROCO:8930) has a Return-on-Tangible-Asset of 9.65% 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 CKM Applied Materials and its competitors. This is 70% above median its historical median of 5.69. Over the past decade, CKM Applied Materials' Return-on-Tangible-Asset has ranged from 1.34 to 12.69. According to the industry distribution chart, CKM Applied Materials ranks #298 out of 1786 companies in the Construction industry, placing it in the top 16.7%.
Is CKM Applied Materials' Return-on-Tangible-Asset too high?
CKM Applied Materials' current Return-on-Tangible-Asset of 9.65% is 70% above median its 10-year median of 5.69. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 12.69. The Construction industry median Return-on-Tangible-Asset is 3.06. CKM Applied Materials' value of 9.65% is 215.9% above this industry median. Based on the distribution chart, CKM Applied Materials ranks #298 out of 1786 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, CKM Applied Materials has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CKM Applied Materials' Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, CKM Applied Materials ranks #298 out of 1786 companies for Return-on-Tangible-Asset. This places CKM Applied Materials in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.06. CKM Applied Materials' value of 9.65% is 215.9% above this benchmark. Historically, CKM Applied Materials' own Return-on-Tangible-Asset has ranged from 1.34 to 12.69 over the past decade. While the company's 10-year median is 5.69 vs. the industry median of 3.06, CKM Applied Materials 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,786 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. CKM Applied Materials's current Return-on-Tangible-Asset of 9.65% is 215.9% 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 CKM Applied Materials and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CKM Applied Materials's current Return-on-Tangible-Asset is 9.65%, which is 70% above median its own 10-year median of 5.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CKM Applied Materials stock overvalued right now?
Based on GuruFocus' analysis, CKM Applied Materials (ROCO:8930) is currently considered Fairly Valued. The stock's GF Value™ is NT$31.97, compared to a current price of NT$30.90 — trading 3.3% below its estimated fair value. The current Return-on-Tangible-Asset is 9.65%, which is 70% above median its 10-year median of 5.69 and 215.9% above the Construction industry median of 3.06. CKM Applied Materials' overall GF Score™ is 87/100 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 CKM Applied Materials (ROCO:8930), the current Return-on-Tangible-Asset is 9.65% 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 CKM Applied Materials (ROCO:8930) Overvalued in 2026?
Based on GuruFocus' analysis, CKM Applied Materials stock appears to be undervalued.
The current stock price of NT$30.90 is trading 3.3% below its estimated GF Value™ of NT$31.97.
GuruFocus considers CKM Applied Materials to be Fairly Valued.
Key valuation signals for ROCO:8930:
Return-on-Tangible-Asset: 9.65% (70% above median its 10-year median of 5.69)
GF Value™: NT$31.97 vs. price of NT$30.90 (3.3% below fair value)
Industry Position: 215.9% above the Construction median (#298 of 1786)
No single metric tells the full story. See the ROCO:8930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CKM Applied Materials Corp is engaged in the manufacturing and sales of light steel frames, metal ceilings, and fireproof doors, along with related import and export operations, as well as the production and distribution of various machinery. It provides ceiling suspension systems, partition framework systems, and metal ceilings with a wide range of applications, including governmental buildings, hospitals, schools, department stores, hotels, factories, public buildings, residential buildings, and commercial buildings. Its products include Ceiling Suspension System, Metal Ceilings, and Micro-perforated acoustic products. The company has one reportable segment and is mainly engaged in the manufacturing and sales of a single product, light steel frames.
87GF Score
Get the complete analysis for ROCO:8930
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:8930 has been successfully added to your 
