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The historical rank and industry rank for Arizon RFID Technology (Cayman) Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:6863'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.91 Med: 7.48 Max: 11.02
Current: 0.91
During the past 6 years, Arizon RFID Technology (Cayman) Co's highest Return-on-Tangible-Asset was 11.02%. The lowest was 0.91%. And the median was 7.48%.
TPE:6863's Return-on-Tangible-Asset is ranked worse than 60.5% of 2501
companies
in the Hardware industry
Industry Median: 2.44
vs TPE:6863: 0.91
Arizon RFID Technology (Cayman) Co (TPE:6863) 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.
Arizon RFID Technology (Cayman) Co Return-on-Tangible-Asset Related Terms
Arizon RFID Technology (Cayman) Co Return-on-Tangible-Asset Historical Data
* 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.
Arizon RFID Technology (Cayman) Co Return-on-Tangible-Asset Chart
TPE:6863 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Arizon RFID Technology (Cayman) 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.
Arizon RFID Technology (Cayman) Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Arizon RFID Technology (Cayman) Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Arizon RFID Technology (Cayman) 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 1.93% mean?
Arizon RFID Technology (Cayman) Co (TPE:6863) has a Return-on-Tangible-Asset of 1.93% 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 Arizon RFID Technology (Cayman) Co and its competitors. This is 74% below median its historical median of 7.48. Over the past decade, Arizon RFID Technology (Cayman) Co's Return-on-Tangible-Asset has ranged from 0.91 to 11.02. According to the industry distribution chart, Arizon RFID Technology (Cayman) Co ranks #1513 out of 2501 companies in the Hardware industry, placing it in the top 60.5%.
Is Arizon RFID Technology (Cayman) Co's Return-on-Tangible-Asset too high?
Arizon RFID Technology (Cayman) Co's current Return-on-Tangible-Asset of 1.93% is 74% below median its 10-year median of 7.48. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 11.02. The Hardware industry median Return-on-Tangible-Asset is 2.44. Arizon RFID Technology (Cayman) Co's value of 1.93% is 20.9% below this industry median. Based on the distribution chart, Arizon RFID Technology (Cayman) Co ranks #1513 out of 2501 companies in the Hardware industry, which is below the industry midpoint. Overall, Arizon RFID Technology (Cayman) Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arizon RFID Technology (Cayman) Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Arizon RFID Technology (Cayman) Co ranks #1513 out of 2501 companies for Return-on-Tangible-Asset. This places Arizon RFID Technology (Cayman) Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.44. Arizon RFID Technology (Cayman) Co's value of 1.93% is 20.9% below this benchmark. Historically, Arizon RFID Technology (Cayman) Co's own Return-on-Tangible-Asset has ranged from 0.91 to 11.02 over the past decade. While the company's 10-year median is 7.48 vs. the industry median of 2.44, Arizon RFID Technology (Cayman) Co has consistently been below 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.44, based on 2,501 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. Arizon RFID Technology (Cayman) Co's current Return-on-Tangible-Asset of 1.93% is 20.9% below 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 Arizon RFID Technology (Cayman) Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arizon RFID Technology (Cayman) Co's current Return-on-Tangible-Asset is 1.93%, which is 74% below median its own 10-year median of 7.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arizon RFID Technology (Cayman) Co stock overvalued right now?
Based on GuruFocus' analysis, Arizon RFID Technology (Cayman) Co (TPE:6863) is currently considered Possible Value Trap. The stock's GF Value™ is NT$250.66, compared to a current price of NT$121.50 — trading 51.5% below its estimated fair value. The current Return-on-Tangible-Asset is 1.93%, which is 74% below median its 10-year median of 7.48 and 20.9% below the Hardware industry median of 2.44. Arizon RFID Technology (Cayman) Co's overall GF Score™ is 60/100 with 12 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 Arizon RFID Technology (Cayman) Co (TPE:6863), the current Return-on-Tangible-Asset is 1.93% 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 Arizon RFID Technology (Cayman) Co (TPE:6863) Overvalued in 2026?
Based on GuruFocus' analysis, Arizon RFID Technology (Cayman) Co stock appears to be undervalued.
The current stock price of NT$121.50 is trading 51.5% below its estimated GF Value™ of NT$250.66.
GuruFocus considers Arizon RFID Technology (Cayman) Co to be Possible Value Trap.
Key valuation signals for TPE:6863:
Return-on-Tangible-Asset: 1.93% (74% below median its 10-year median of 7.48)
GF Value™: NT$250.66 vs. price of NT$121.50 (51.5% below fair value)
Industry Position: 20.9% below the Hardware median (#1513 of 2501)
No single metric tells the full story. See the TPE:6863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arizon RFID Technology (Cayman) Co Business Description
Arizon RFID Technology (Cayman) Co Ltd is engaged in the design, development, manufacture, and trading of radio-frequency identification (RFID) systems. Its products are RFID tags and ARC products. Its solutions include RFID Intelligent Forklift, RFID Supplier Material Management Platform, RFID Asset Management System, and RFID & ANPR Smart Parking System. Its products and solutions are used in various applications, including Fashion Retail, General Retail, Logistics, Food, Enterprise Documents Management, Medical, Beauty and Personal Care, Automobile and Tire, Aviation, Industrial Manufacturing, NFC, and Innovative Applications. Geographically, it operates in Taiwan, Mainland China, United States, and others, with the majority of revenue generated from Mainland China.
60GF Score
Get the complete analysis for TPE:6863
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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