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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. RAC Electric Vehicles's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$246 Mil.
RAC Electric Vehicles's average Total Assets over the quarter that ended in Dec. 2025 was NT$3,187 Mil. Therefore, RAC Electric Vehicles's annualized ROA % for the quarter that ended in Dec. 2025 was 7.72%.
The historical rank and industry rank for RAC Electric Vehicles's ROA % or its related term are showing as below:
ROCO:2237'
s ROA % Range Over the Past 10 Years
Min: -43.28 Med: -16.63 Max: 5.38
Current: 5.38
During the past 13 years, RAC Electric Vehicles's highest ROA % was 5.38%. The lowest was -43.28%. And the median was -16.63%.
ROCO:2237's ROA % is ranked better than 68.95% of 1330
companies
in the Vehicles & Parts industry
Industry Median: 2.975
vs ROCO:2237: 5.38
RAC Electric Vehicles (ROCO:2237) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue 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.
Be Aware
Like ROE, ROA % 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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.
For the Auto Manufacturers subindustry, RAC Electric Vehicles's ROA %, along with its competitors' market caps and ROA % 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.
RAC Electric Vehicles ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, RAC Electric Vehicles's ROA % distribution charts can be found below:
* The bar in red indicates where RAC Electric Vehicles's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
RAC Electric Vehicles (ROCO:2237) has a ROA % of 7.72% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on RAC Electric Vehicles and its competitors. According to the industry distribution chart, RAC Electric Vehicles ranks #413 out of 1330 companies in the Vehicles & Parts industry, placing it in the top 31.1%.
Is RAC Electric Vehicles' ROA % too high?
RAC Electric Vehicles' current ROA % is 7.72%. The Vehicles & Parts industry median ROA % is 2.98. RAC Electric Vehicles' value of 7.72% is 159.5% above this industry median. Based on the distribution chart, RAC Electric Vehicles ranks #413 out of 1330 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, RAC Electric Vehicles has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RAC Electric Vehicles' ROA % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, RAC Electric Vehicles ranks #413 out of 1330 companies for ROA %. This puts RAC Electric Vehicles in the upper half of its industry. The industry median ROA % is 2.98. RAC Electric Vehicles' value of 7.72% is 159.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 2.98, based on 1,330 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RAC Electric Vehicles's current ROA % of 7.72% is 159.5% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on RAC Electric Vehicles and its competitors. For the Vehicles & Parts industry, the median ROA % is 2.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RAC Electric Vehicles's current ROA % is 7.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RAC Electric Vehicles stock overvalued right now?
Based on GuruFocus' analysis, RAC Electric Vehicles (ROCO:2237) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$39.79, compared to a current price of NT$32.50 — trading 18.3% below its estimated fair value. The current ROA % is 7.72% and 159.5% above the Vehicles & Parts industry median of 2.98. RAC Electric Vehicles' overall GF Score™ is 54/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For RAC Electric Vehicles (ROCO:2237), the current ROA % is 7.72% 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.
Is RAC Electric Vehicles (ROCO:2237) Overvalued in 2026?
Based on GuruFocus' analysis, RAC Electric Vehicles stock appears to be undervalued.
The current stock price of NT$32.50 is trading 18.3% below its estimated GF Value™ of NT$39.79.
GuruFocus considers RAC Electric Vehicles to be Modestly Undervalued.
Key valuation signals for ROCO:2237:
ROA %: 7.72%
GF Value™: NT$39.79 vs. price of NT$32.50 (18.3% below fair value)
Industry Position: 159.5% above the Vehicles & Parts median (#413 of 1330)
No single metric tells the full story. See the ROCO:2237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RAC Electric Vehicles Inc is a Taiwan-licensed car manufacturer, to develop an all-electric low-floor city bus. The comapny's main businesses include battery manufacturing, battery wholesale, manufacturing of automotive and parts, and the retail of auto and motorcycle parts and accessories.
54GF Score
Get the complete analysis for ROCO:2237
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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