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Eminent LuggageROCO:9950 60 Return-on-Tangible-Asset is -0.46% as of Mar. 2026. GuruFocus rates ROCO:9950 with a GF Score™ of 60/100 and a GF Value™ of NT$11.17 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, Eminent Luggage ranks worse than 75.73% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Eminent Luggage's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$-19 Mil. Eminent Luggage's average total tangible assets for the quarter that ended in Mar. 2026 was NT$4,137 Mil. Therefore, Eminent Luggage's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.46%.
The historical rank and industry rank for Eminent Luggage's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:9950'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.4 Med: -4.45 Max: 23.09
Current: -1.72
During the past 13 years, Eminent Luggage's highest Return-on-Tangible-Asset was 23.09%. The lowest was -14.40%. And the median was -4.45%.
ROCO:9950's Return-on-Tangible-Asset is ranked worse than 75.73% of 1067
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.16
vs ROCO:9950: -1.72
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.
Eminent Luggage Return-on-Tangible-Asset Related Terms
Eminent Luggage Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Eminent Luggage'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:9950 vs NKE, DECK, ONON: Return-on-Tangible-Asset Comparison
For the Footwear & Accessories subindustry, Eminent Luggage'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.
Eminent Luggage Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Eminent Luggage's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Eminent Luggage'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 -0.46% mean?
Eminent Luggage (ROCO:9950) has a Return-on-Tangible-Asset of -0.46% 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 Eminent Luggage and its competitors. According to the industry distribution chart, Eminent Luggage ranks #808 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 75.7%.
Is Eminent Luggage's Return-on-Tangible-Asset too high?
Eminent Luggage's current Return-on-Tangible-Asset is -0.46%. Based on the distribution chart, Eminent Luggage ranks #808 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Eminent Luggage has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eminent Luggage's Return-on-Tangible-Asset compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Eminent Luggage ranks #808 out of 1067 companies for Return-on-Tangible-Asset. This places Eminent Luggage in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.16. 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.16, based on 1,067 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 Eminent Luggage and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eminent Luggage's current Return-on-Tangible-Asset is -0.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eminent Luggage stock overvalued right now?
Based on GuruFocus' analysis, Eminent Luggage (ROCO:9950) is currently considered Fairly Valued. The stock's GF Value™ is NT$11.17, compared to a current price of NT$10.45 — trading 6.4% below its estimated fair value. The current Return-on-Tangible-Asset is -0.46%. Eminent Luggage's overall GF Score™ is 60/100 with 3 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 Eminent Luggage (ROCO:9950), the current Return-on-Tangible-Asset is -0.46% 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 Eminent Luggage (ROCO:9950) Overvalued in 2026?
Based on GuruFocus' analysis, Eminent Luggage stock appears to be undervalued.
The current stock price of NT$10.45 is trading 6.4% below its estimated GF Value™ of NT$11.17.
GuruFocus considers Eminent Luggage to be Fairly Valued.
Key valuation signals for ROCO:9950:
Return-on-Tangible-Asset: -0.46%
GF Value™: NT$11.17 vs. price of NT$10.45 (6.4% below fair value)
No single metric tells the full story. See the ROCO:9950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eminent Luggage Corp principal activities consist of the manufacture and sale of parts, and components for luggage and suitcase, and import and export trade business. It has three reportable segments Taiwan, China, and Others. The company generates majority of revenue from Taiwan. It has presence in America, Taiwan, Singapore, China, Germany, and Others. Its products are Luggage, And others.
60GF Score
Get the complete analysis for ROCO:9950
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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