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Argosy ResearchROCO:3217 -4.84%91 ROA % is 19.67% as of Dec. 2025, which is 40% above its 10-year median of 14.06. GuruFocus rates ROCO:3217 with a GF Score™ of 91/100 and a GF Value™ of NT$202.57 (Modestly Undervalued). Among 2,503 Hardware companies, Argosy Research ranks better than 97.72% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Argosy Research's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$1,160 Mil.
Argosy Research's average Total Assets over the quarter that ended in Dec. 2025 was NT$5,897 Mil. Therefore, Argosy Research's annualized ROA % for the quarter that ended in Dec. 2025 was 19.67%.
The historical rank and industry rank for Argosy Research's ROA % or its related term are showing as below:
ROCO:3217'
s ROA % Range Over the Past 10 Years
Min: 9.53 Med: 14.06 Max: 19.24
Current: 19.24
During the past 13 years, Argosy Research's highest ROA % was 19.24%. The lowest was 9.53%. And the median was 14.06%.
ROCO:3217's ROA % is ranked better than 97.72% of 2503
companies
in the Hardware industry
Industry Median: 2.28
vs ROCO:3217: 19.24
Argosy Research (ROCO:3217) 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 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.
Argosy Research ROA % Related Terms
Argosy Research ROA % Historical Data
* Premium members only.
The historical data trend for Argosy Research'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.
For the Electronic Components subindustry, Argosy Research'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.
Argosy Research ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Argosy Research's ROA % distribution charts can be found below:
* The bar in red indicates where Argosy Research'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.
Argosy Research (ROCO:3217) has a ROA % of 19.67% 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 Argosy Research and its competitors. This is 40% above median its historical median of 14.06. Over the past decade, Argosy Research's ROA % has ranged from 9.53 to 19.24. According to the industry distribution chart, Argosy Research ranks #57 out of 2503 companies in the Hardware industry, placing it in the top 2.3%.
Is Argosy Research's ROA % too high?
Argosy Research's current ROA % of 19.67% is 40% above median its 10-year median of 14.06. Over the past 10 years, this metric has ranged from a low of 9.53 to a high of 19.24. The Hardware industry median ROA % is 2.28. Argosy Research's value of 19.67% is 762.7% above this industry median. Based on the distribution chart, Argosy Research ranks #57 out of 2503 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Argosy Research has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Argosy Research's ROA % compare to APH and GLW?
According to the Hardware industry distribution chart, Argosy Research ranks #57 out of 2503 companies for ROA %. This places Argosy Research in the top 2% of its industry — outperforming the majority of peers. The industry median ROA % is 2.28. Argosy Research's value of 19.67% is 762.7% above this benchmark. Historically, Argosy Research's own ROA % has ranged from 9.53 to 19.24 over the past decade. While the company's 10-year median is 14.06 vs. the industry median of 2.28, Argosy Research 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 2,503 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. Argosy Research's current ROA % of 19.67% is 762.7% 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 Argosy Research 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. Argosy Research's current ROA % is 19.67%, which is 40% above median its own 10-year median of 14.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argosy Research stock overvalued right now?
Based on GuruFocus' analysis, Argosy Research (ROCO:3217) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$202.57, compared to a current price of NT$147.50 — trading 27.2% below its estimated fair value. The current ROA % is 19.67%, which is 40% above median its 10-year median of 14.06 and 762.7% above the Hardware industry median of 2.28. Argosy Research's overall GF Score™ is 91/100. 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 Argosy Research (ROCO:3217), the current ROA % is 19.67% 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 Argosy Research (ROCO:3217) Overvalued in 2026?
Based on GuruFocus' analysis, Argosy Research stock appears to be undervalued.
The current stock price of NT$147.50 is trading 27.2% below its estimated GF Value™ of NT$202.57.
GuruFocus considers Argosy Research to be Modestly Undervalued.
Key valuation signals for ROCO:3217:
ROA %: 19.67% (40% above median its 10-year median of 14.06)
GF Value™: NT$202.57 vs. price of NT$147.50 (27.2% below fair value)
Industry Position: 762.7% above the Hardware median (#57 of 2503)
No single metric tells the full story. See the ROCO:3217 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argosy Research Inc is engaged in the manufacture and sale of electronic components and electronic connectors as its main business item. It has developed the following electronics connector categories: USB3.1 Type-C, DDR3/4/5(SO-DIMM & Long DIMM), M.2(NGFF), Mini PCIe, LVDS, RF Coaxial, Battery, and Injection/Molding Parts (Housing) in various and customizable specifications and products, among others. Geographically, the company generates a majority of its revenue from Asia and the rest from the Americas and other regions.
91GF Score
Get the complete analysis for ROCO:3217
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