Kuen Ling Machinery Refrigerating Co (ROCO:4527) ROA %: 19.40% (As of Dec. 2025) — 154% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:4527 Kuen Ling Machinery Refrigerating Co Ltd ROCO:4527
68 GF Score
Price NT$39.55
GF Value NT$36.89
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Kuen Ling Machinery Refrigerating Co ROA %?

Kuen Ling Machinery Refrigerating Co ROCO:4527 68 ROA % is 19.40% as of Dec. 2025, which is 154% above its 10-year median of 7.65. GuruFocus rates ROCO:4527 with a GF Score™ of 68/100 and a GF Value™ of NT$36.89 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,503 Hardware companies, Kuen Ling Machinery Refrigerating Co ranks better than 82.22% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kuen Ling Machinery Refrigerating Co's annualized Net Income for the quarter that ended in Dec. 2025 was NT$625 Mil. Kuen Ling Machinery Refrigerating Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$3,223 Mil. Therefore, Kuen Ling Machinery Refrigerating Co's annualized ROA % for the quarter that ended in Dec. 2025 was 19.40%.

The historical rank and industry rank for Kuen Ling Machinery Refrigerating Co's ROA % or its related term are showing as below:

ROCO:4527' s ROA % Range Over the Past 10 Years
Min: 5.38   Med: 7.65   Max: 9.95
Current: 8.04

During the past 13 years, Kuen Ling Machinery Refrigerating Co's highest ROA % was 9.95%. The lowest was 5.38%. And the median was 7.65%.

ROCO:4527's ROA % is ranked better than
82.22% of 2503 companies
in the Hardware industry
Industry Median: 2.28 vs ROCO:4527: 8.04

Kuen Ling Machinery Refrigerating Co  (ROCO:4527) 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
=625.26/3222.839
=(Net Income / Revenue)*(Revenue / Total Assets)
=(625.26 / 4473.656)*(4473.656 / 3222.839)
=Net Margin %*Asset Turnover
=13.98 %*1.3881
=19.40 %

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.


Kuen Ling Machinery Refrigerating Co ROA % Related Terms


Kuen Ling Machinery Refrigerating Co ROA % Historical Data

* Premium members only.

The historical data trend for Kuen Ling Machinery Refrigerating Co'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.

Kuen Ling Machinery Refrigerating Co ROA % Chart

Kuen Ling Machinery Refrigerating Co 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 5.38 6.73 7.56 8.97 7.54

Kuen Ling Machinery Refrigerating Co 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 11.82 4.53 2.31 6.22 19.40

ROCO:4527 vs APH, GLW: ROA % Comparison

For the Electronic Components subindustry, Kuen Ling Machinery Refrigerating Co'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.


Kuen Ling Machinery Refrigerating Co ROA % vs Hardware Industry

For the Hardware industry and Technology sector, Kuen Ling Machinery Refrigerating Co's ROA % distribution charts can be found below:

* The bar in red indicates where Kuen Ling Machinery Refrigerating Co's ROA % falls into.


ROCO:4527
68GF Score
Kuen Ling Machinery Refrigerating Co Ltd ROCO:4527
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kuen Ling Machinery Refrigerating Co ROA % Calculation

Kuen Ling Machinery Refrigerating Co'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 )
=258.55/( (3479.621+3378.599)/ 2 )
=258.55/3429.11
=7.54 %

Kuen Ling Machinery Refrigerating Co'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 )
=625.26/( (3067.079+3378.599)/ 2 )
=625.26/3222.839
=19.40 %

* 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 19.40% mean?
Kuen Ling Machinery Refrigerating Co (ROCO:4527) has a ROA % of 19.40% 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 Kuen Ling Machinery Refrigerating Co and its competitors. This is 154% above median its historical median of 7.65. Over the past decade, Kuen Ling Machinery Refrigerating Co's ROA % has ranged from 5.38 to 9.95. According to the industry distribution chart, Kuen Ling Machinery Refrigerating Co ranks #445 out of 2503 companies in the Hardware industry, placing it in the top 17.8%.
Is Kuen Ling Machinery Refrigerating Co's ROA % too high?
Kuen Ling Machinery Refrigerating Co's current ROA % of 19.40% is 154% above median its 10-year median of 7.65. Over the past 10 years, this metric has ranged from a low of 5.38 to a high of 9.95. The Hardware industry median ROA % is 2.28. Kuen Ling Machinery Refrigerating Co's value of 19.40% is 750.9% above this industry median. Based on the distribution chart, Kuen Ling Machinery Refrigerating Co ranks #445 out of 2503 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Kuen Ling Machinery Refrigerating Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kuen Ling Machinery Refrigerating Co's ROA % compare to APH and GLW?
According to the Hardware industry distribution chart, Kuen Ling Machinery Refrigerating Co ranks #445 out of 2503 companies for ROA %. This places Kuen Ling Machinery Refrigerating Co in the top 18% of its industry — outperforming the majority of peers. The industry median ROA % is 2.28. Kuen Ling Machinery Refrigerating Co's value of 19.40% is 750.9% above this benchmark. Historically, Kuen Ling Machinery Refrigerating Co's own ROA % has ranged from 5.38 to 9.95 over the past decade. While the company's 10-year median is 7.65 vs. the industry median of 2.28, Kuen Ling Machinery Refrigerating 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 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. Kuen Ling Machinery Refrigerating Co's current ROA % of 19.40% is 750.9% 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 Kuen Ling Machinery Refrigerating Co 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. Kuen Ling Machinery Refrigerating Co's current ROA % is 19.40%, which is 154% above median its own 10-year median of 7.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuen Ling Machinery Refrigerating Co stock overvalued right now?
Based on GuruFocus' analysis, Kuen Ling Machinery Refrigerating Co (ROCO:4527) is currently considered Fairly Valued. The stock's GF Value™ is NT$36.89, compared to a current price of NT$39.55 — trading 7.2% above its estimated fair value. The current ROA % is 19.40%, which is 154% above median its 10-year median of 7.65 and 750.9% above the Hardware industry median of 2.28. Kuen Ling Machinery Refrigerating Co's overall GF Score™ is 68/100 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 Kuen Ling Machinery Refrigerating Co (ROCO:4527), the current ROA % is 19.40% 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 Kuen Ling Machinery Refrigerating Co (ROCO:4527) Overvalued in 2026?

Based on GuruFocus' analysis, Kuen Ling Machinery Refrigerating Co stock appears to be overvalued. The current stock price of NT$39.55 is trading 7.2% above its estimated GF Value™ of NT$36.89. GuruFocus considers Kuen Ling Machinery Refrigerating Co to be Fairly Valued.

Key valuation signals for ROCO:4527:

  • ROA %: 19.40% (154% above median its 10-year median of 7.65)
  • GF Value™: NT$36.89 vs. price of NT$39.55 (7.2% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 750.9% above the Hardware median (#445 of 2503)

No single metric tells the full story. See the ROCO:4527 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kuen Ling Machinery Refrigerating Co Business Description

Address No.300, Chihkan North Road, Ziguan District, Kaohsiung, TWN, 826
Kuen Ling Machinery Refrigerating Co Ltd is engaged in the installation, maintenance, repair, assembly, manufacturing, processing, buying and selling, domestic and international sales, and leasing of condensers, ice water coolers, ice water units, and refrigeration units. Its products are water-cooled centrifugal, screw type, flooded type chiller units, air-cooled chiller unit, computer room packaged chiller units, thermal storage ice tank, and vacuum freeze-dried equipment. There are three segments of the Group, which are operation bases in Taiwan, Mainland China and Vietnam regions.
68GF Score

Get the complete analysis for ROCO:4527

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

NT$39.55
Price
NT$36.89
GF Value