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AMAX Holding CoTPE:6933 -1.49%47 Return-on-Tangible-Asset is 6.15% as of Dec. 2025, which is 7% below its 10-year median of 6.62. GuruFocus rates TPE:6933 with a GF Score™ of 47/100. The stock has 6 warning signs investors should review. Among 2,501 Hardware companies, AMAX Holding Co ranks better than 70.49% 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. AMAX Holding Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$229 Mil. AMAX Holding Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$3,720 Mil. Therefore, AMAX Holding Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 6.15%.
The historical rank and industry rank for AMAX Holding Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:6933'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.26 Med: 6.62 Max: 12.84
Current: 5.77
During the past 6 years, AMAX Holding Co's highest Return-on-Tangible-Asset was 12.84%. The lowest was -1.26%. And the median was 6.62%.
TPE:6933's Return-on-Tangible-Asset is ranked better than 70.49% of 2501
companies
in the Hardware industry
Industry Median: 2.44
vs TPE:6933: 5.77
AMAX Holding Co (TPE:6933) 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.
AMAX Holding Co Return-on-Tangible-Asset Related Terms
AMAX Holding Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for AMAX Holding 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.
TPE:6933 vs SNDK, DELL, STX: Return-on-Tangible-Asset Comparison
For the Computer Hardware subindustry, AMAX Holding 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.
AMAX Holding Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, AMAX Holding Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where AMAX Holding 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 6.15% mean?
AMAX Holding Co (TPE:6933) has a Return-on-Tangible-Asset of 6.15% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on AMAX Holding Co and its competitors. This is near median its historical median of 6.62. According to the industry distribution chart, AMAX Holding Co ranks #738 out of 2501 companies in the Hardware industry, placing it in the top 29.5%.
Is AMAX Holding Co's Return-on-Tangible-Asset too high?
AMAX Holding Co's current Return-on-Tangible-Asset of 6.15% is near median its 10-year median of 6.62. The Hardware industry median Return-on-Tangible-Asset is 2.44. AMAX Holding Co's value of 6.15% is 152% above this industry median. Based on the distribution chart, AMAX Holding Co ranks #738 out of 2501 companies in the Hardware industry, which is above the industry midpoint. Overall, AMAX Holding Co has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does AMAX Holding Co's Return-on-Tangible-Asset compare to SNDK and DELL?
According to the Hardware industry distribution chart, AMAX Holding Co ranks #738 out of 2501 companies for Return-on-Tangible-Asset. This puts AMAX Holding Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.44. AMAX Holding Co's value of 6.15% is 152% above this benchmark. While the company's 10-year median is 6.62 vs. the industry median of 2.44, AMAX Holding Co 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 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. AMAX Holding Co's current Return-on-Tangible-Asset of 6.15% is 152% 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 AMAX Holding 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. AMAX Holding Co's current Return-on-Tangible-Asset is 6.15%, which is near median its own 10-year median of 6.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMAX Holding Co stock overvalued right now?
AMAX Holding Co (TPE:6933) has a current Return-on-Tangible-Asset of 6.15%. The current Return-on-Tangible-Asset is 6.15%, which is near median its 10-year median of 6.62 and 152% above the Hardware industry median of 2.44. AMAX Holding Co's overall GF Score™ is 47/100 with 6 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 AMAX Holding Co (TPE:6933), the current Return-on-Tangible-Asset is 6.15% as of Dec. 2025. 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.
AMAX Holding Co Ltd is mainly engaged in the research, development, manufacture and sales of the cloud and data center as well as the high performance computing (HPC) sever and its peripheral equipment and providing extensible custom cluster as well as relevant system solution and customised service. The group has only one reportable operating segment. The company has presence in Asia, United States, Europe. Its product portfolio includes Al Edge Server, Al Workstation, Liquid Cooled Rack, AMAX RackScale, Al Data Center. Its services are Original Equipment Manufacturing, Cooling Design, HPC System Design, ISO and Compliance, Cluster Architecture, GPU Test Drive, Professional Services, HostMax Al-Ready Hosting Facility and solutions are Al Data Center Solutions, Al Edge Solutions, etc.
47GF Score
Get the complete analysis for TPE:6933
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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