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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kingstate Electronics's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$125 Mil.
Kingstate Electronics's average Total Assets over the quarter that ended in Dec. 2025 was NT$2,954 Mil. Therefore, Kingstate Electronics's annualized ROA % for the quarter that ended in Dec. 2025 was 4.24%.
The historical rank and industry rank for Kingstate Electronics's ROA % or its related term are showing as below:
ROCO:3206'
s ROA % Range Over the Past 10 Years
Min: 3.8 Med: 6.66 Max: 9.94
Current: 3.84
During the past 13 years, Kingstate Electronics's highest ROA % was 9.94%. The lowest was 3.80%. And the median was 6.66%.
ROCO:3206's ROA % is ranked better than 60.16% of 2505
companies
in the Hardware industry
Industry Median: 2.28
vs ROCO:3206: 3.84
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 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.
* 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 Electronic Components subindustry, Kingstate Electronics'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.
Kingstate Electronics ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Kingstate Electronics's ROA % distribution charts can be found below:
* The bar in red indicates where Kingstate Electronics'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 four times the quarterly (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Kingstate Electronics (ROCO:3206) has a ROA % of 4.24% 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 Kingstate Electronics and its competitors. This is 36% below median its historical median of 6.66. Over the past decade, Kingstate Electronics' ROA % has ranged from 3.80 to 9.94. According to the industry distribution chart, Kingstate Electronics ranks #998 out of 2505 companies in the Hardware industry, placing it in the top 39.8%.
Is Kingstate Electronics' ROA % too high?
Kingstate Electronics' current ROA % of 4.24% is 36% below median its 10-year median of 6.66. Over the past 10 years, this metric has ranged from a low of 3.80 to a high of 9.94. The Hardware industry median ROA % is 2.28. Kingstate Electronics' value of 4.24% is 86% above this industry median. Based on the distribution chart, Kingstate Electronics ranks #998 out of 2505 companies in the Hardware industry, which is above the industry midpoint. Overall, Kingstate Electronics has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kingstate Electronics' ROA % compare to APH and GLW?
According to the Hardware industry distribution chart, Kingstate Electronics ranks #998 out of 2505 companies for ROA %. This puts Kingstate Electronics in the upper half of its industry. The industry median ROA % is 2.28. Kingstate Electronics' value of 4.24% is 86% above this benchmark. Historically, Kingstate Electronics' own ROA % has ranged from 3.80 to 9.94 over the past decade. While the company's 10-year median is 6.66 vs. the industry median of 2.28, Kingstate Electronics 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 ROA % for a Hardware company?
The median ROA % among Hardware companies is 2.28, based on 2,505 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. Kingstate Electronics's current ROA % of 4.24% is 86% 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 Kingstate Electronics and its competitors. For the Hardware industry, the median ROA % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingstate Electronics's current ROA % is 4.24%, which is 36% below median its own 10-year median of 6.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingstate Electronics stock overvalued right now?
Based on GuruFocus' analysis, Kingstate Electronics (ROCO:3206) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.36, compared to a current price of NT$36.85 — trading 4.2% above its estimated fair value. The current ROA % is 4.24%, which is 36% below median its 10-year median of 6.66 and 86% above the Hardware industry median of 2.28. Kingstate Electronics' overall GF Score™ is 70/100 with 7 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 Kingstate Electronics (ROCO:3206), the current ROA % is 4.24% 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 Kingstate Electronics (ROCO:3206) Overvalued in 2026?
Based on GuruFocus' analysis, Kingstate Electronics stock appears to be overvalued.
The current stock price of NT$36.85 is trading 4.2% above its estimated GF Value™ of NT$35.36.
GuruFocus considers Kingstate Electronics to be Fairly Valued.
Key valuation signals for ROCO:3206:
ROA %: 4.24% (36% below median its 10-year median of 6.66)
GF Value™: NT$35.36 vs. price of NT$36.85 (4.2% above fair value)
Industry Position: 86% above the Hardware median (#998 of 2505)
No single metric tells the full story. See the ROCO:3206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kingstate Electronics Corp is engaged in the manufacturing and trading of wireless communication machinery and equipment, electronic components, and other electronic and electromechanical equipment. Its products include piezoelectric buzzers, electromagnetic buzzers, loudspeakers, microphones, piezoelectric alarms, receivers, and headsets.
70GF Score
Get the complete analysis for ROCO:3206
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