Level Biotechnology (ROCO:3118) ROA %: 8.82% (As of Dec. 2025) — 13% Above Median

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ROCO:3118 Level Biotechnology Inc ROCO:3118
77 GF Score
Price NT$31.75
GF Value NT$35.57
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Level Biotechnology ROA %?

Level Biotechnology ROCO:3118 77 ROA % is 8.82% as of Dec. 2025, which is 13% above its 10-year median of 7.78. GuruFocus rates ROCO:3118 with a GF Score™ of 77/100 and a GF Value™ of NT$35.57 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,416 Biotechnology companies, Level Biotechnology ranks better than 91.88% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Level Biotechnology's annualized Net Income for the quarter that ended in Dec. 2025 was NT$73.5 Mil. Level Biotechnology's average Total Assets over the quarter that ended in Dec. 2025 was NT$833.3 Mil. Therefore, Level Biotechnology's annualized ROA % for the quarter that ended in Dec. 2025 was 8.82%.

The historical rank and industry rank for Level Biotechnology's ROA % or its related term are showing as below:

ROCO:3118' s ROA % Range Over the Past 10 Years
Min: 5.51   Med: 7.78   Max: 9.7
Current: 9.56

During the past 13 years, Level Biotechnology's highest ROA % was 9.70%. The lowest was 5.51%. And the median was 7.78%.

ROCO:3118's ROA % is ranked better than
91.88% of 1416 companies
in the Biotechnology industry
Industry Median: -32.985 vs ROCO:3118: 9.56

Level Biotechnology  (ROCO:3118) 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 bank’s 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:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=73.508/833.3285
=(Net Income / Revenue)*(Revenue / Total Assets)
=(73.508 / 752.128)*(752.128 / 833.3285)
=Net Margin %*Asset Turnover
=9.77 %*0.9026
=8.82 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (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.


Level Biotechnology ROA % Related Terms


Level Biotechnology ROA % Historical Data

* Premium members only.

The historical data trend for Level Biotechnology's ROA % 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.

Level Biotechnology ROA % Chart

Level Biotechnology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.74 7.31 7.69 7.86 9.41

Level Biotechnology Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.58 9.61 6.99 13.02 8.82

ROCO:3118 vs VRTX, REGN, ALNY: ROA % Comparison

For the Biotechnology subindustry, Level Biotechnology'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.


Level Biotechnology ROA % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Level Biotechnology's ROA % distribution charts can be found below:

* The bar in red indicates where Level Biotechnology's ROA % falls into.


ROCO:3118
77GF Score
Level Biotechnology Inc ROCO:3118
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Level Biotechnology ROA % Calculation

Level Biotechnology's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=79.699/( (827.108+866.804)/ 2 )
=79.699/846.956
=9.41 %

Level Biotechnology's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=73.508/( (799.853+866.804)/ 2 )
=73.508/833.3285
=8.82 %

* 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 four times the quarterly (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 8.82% mean?
Level Biotechnology (ROCO:3118) has a ROA % of 8.82% 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 Level Biotechnology and its competitors. This is 13% above median its historical median of 7.78. Over the past decade, Level Biotechnology's ROA % has ranged from 5.51 to 9.70. According to the industry distribution chart, Level Biotechnology ranks #115 out of 1416 companies in the Biotechnology industry, placing it in the top 8.1%.
Is Level Biotechnology's ROA % too high?
Level Biotechnology's current ROA % of 8.82% is 13% above median its 10-year median of 7.78. Over the past 10 years, this metric has ranged from a low of 5.51 to a high of 9.70. Based on the distribution chart, Level Biotechnology ranks #115 out of 1416 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Level Biotechnology has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Level Biotechnology's ROA % compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Level Biotechnology ranks #115 out of 1416 companies for ROA %. This places Level Biotechnology in the top 8% of its industry — outperforming the majority of peers. Historically, Level Biotechnology's own ROA % has ranged from 5.51 to 9.70 over the past decade. 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 Biotechnology company?
A good ROA % depends on the Biotechnology industry context. However, ROA % 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 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 Level Biotechnology and its competitors. Level Biotechnology's current ROA % is 8.82%, which is 13% above median its own 10-year median of 7.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Level Biotechnology stock overvalued right now?
Based on GuruFocus' analysis, Level Biotechnology (ROCO:3118) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$35.57, compared to a current price of NT$31.75 — trading 10.7% below its estimated fair value. The current ROA % is 8.82%, which is 13% above median its 10-year median of 7.78. Level Biotechnology's overall GF Score™ is 77/100 with 2 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 Level Biotechnology (ROCO:3118), the current ROA % is 8.82% 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 Level Biotechnology (ROCO:3118) Overvalued in 2026?

Based on GuruFocus' analysis, Level Biotechnology stock appears to be undervalued. The current stock price of NT$31.75 is trading 10.7% below its estimated GF Value™ of NT$35.57. GuruFocus considers Level Biotechnology to be Modestly Undervalued.

Key valuation signals for ROCO:3118:

  • ROA %: 8.82% (13% above median its 10-year median of 7.78)
  • GF Value™: NT$35.57 vs. price of NT$31.75 (10.7% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the ROCO:3118 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Level Biotechnology Business Description

Address No. 80, Lane 169, Kangning Street, Xizhi District, New Taipei City, TWN, 221
Level Biotechnology Inc is a Taiwan-based company engaged in the sales of biomedical products and providing preclinical testing services. The company has three reportable segments: Department A and B, Department C, and Department D. Department A and Department B sell the cell culture consumables and the antibody reagents, Department C sells the instruments and equipment, and Department D provides CRO services. The majority of revenue is derived from the Department A and B.
77GF Score

Get the complete analysis for ROCO:3118

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$31.75
Price
NT$35.57
GF Value