Fine Blanking & Tool Co (ROCO:4535) ROA %: 3.64% (As of Dec. 2025) — 34% Below Median

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ROCO:4535 Fine Blanking & Tool Co Ltd ROCO:4535
81 GF Score
Price NT$28.00
GF Value NT$28.40
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Fine Blanking & Tool Co ROA %?

Fine Blanking & Tool Co ROCO:4535 +2.94% 81 ROA % is 3.64% as of Dec. 2025, which is 34% below its 10-year median of 5.55. GuruFocus rates ROCO:4535 with a GF Score™ of 81/100 and a GF Value™ of NT$28.40 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Fine Blanking & Tool Co ranks better than 50.49% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Fine Blanking & Tool Co's annualized Net Income for the quarter that ended in Dec. 2025 was NT$114 Mil. Fine Blanking & Tool Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$3,133 Mil. Therefore, Fine Blanking & Tool Co's annualized ROA % for the quarter that ended in Dec. 2025 was 3.64%.

The historical rank and industry rank for Fine Blanking & Tool Co's ROA % or its related term are showing as below:

ROCO:4535' s ROA % Range Over the Past 10 Years
Min: 1.93   Med: 5.55   Max: 7.72
Current: 3.05

During the past 13 years, Fine Blanking & Tool Co's highest ROA % was 7.72%. The lowest was 1.93%. And the median was 5.55%.

ROCO:4535's ROA % is ranked better than
50.49% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 2.95 vs ROCO:4535: 3.05

Fine Blanking & Tool Co  (ROCO:4535) 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
=114.144/3133.41
=(Net Income / Revenue)*(Revenue / Total Assets)
=(114.144 / 2439.912)*(2439.912 / 3133.41)
=Net Margin %*Asset Turnover
=4.68 %*0.7787
=3.64 %

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.


Fine Blanking & Tool Co ROA % Related Terms


Fine Blanking & Tool Co ROA % Historical Data

* Premium members only.

The historical data trend for Fine Blanking & Tool 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.

Fine Blanking & Tool Co ROA % Chart

Fine Blanking & Tool 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 6.04 6.64 5.51 5.58 2.99

Fine Blanking & Tool 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 6.53 5.25 -1.15 4.54 3.64

ROCO:4535 vs ORLY, AZO: ROA % Comparison

For the Auto Parts subindustry, Fine Blanking & Tool 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.


Fine Blanking & Tool Co ROA % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fine Blanking & Tool Co's ROA % distribution charts can be found below:

* The bar in red indicates where Fine Blanking & Tool Co's ROA % falls into.


ROCO:4535
81GF Score
Fine Blanking & Tool Co Ltd ROCO:4535
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fine Blanking & Tool Co ROA % Calculation

Fine Blanking & Tool 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 )
=98.084/( (3359.993+3210.791)/ 2 )
=98.084/3285.392
=2.99 %

Fine Blanking & Tool 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 )
=114.144/( (3056.029+3210.791)/ 2 )
=114.144/3133.41
=3.64 %

* 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 3.64% mean?
Fine Blanking & Tool Co (ROCO:4535) has a ROA % of 3.64% 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 Fine Blanking & Tool Co and its competitors. This is 34% below median its historical median of 5.55. Over the past decade, Fine Blanking & Tool Co's ROA % has ranged from 1.93 to 7.72. According to the industry distribution chart, Fine Blanking & Tool Co ranks #659 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 49.5%.
Is Fine Blanking & Tool Co's ROA % too high?
Fine Blanking & Tool Co's current ROA % of 3.64% is 34% below median its 10-year median of 5.55. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 7.72. The Vehicles & Parts industry median ROA % is 2.95. Fine Blanking & Tool Co's value of 3.64% is 23.4% above this industry median. Based on the distribution chart, Fine Blanking & Tool Co ranks #659 out of 1331 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Fine Blanking & Tool Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fine Blanking & Tool Co's ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Fine Blanking & Tool Co ranks #659 out of 1331 companies for ROA %. This puts Fine Blanking & Tool Co in the upper half of its industry. The industry median ROA % is 2.95. Fine Blanking & Tool Co's value of 3.64% is 23.4% above this benchmark. Historically, Fine Blanking & Tool Co's own ROA % has ranged from 1.93 to 7.72 over the past decade. While the company's 10-year median is 5.55 vs. the industry median of 2.95, Fine Blanking & Tool 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 Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 2.95, based on 1,331 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. Fine Blanking & Tool Co's current ROA % of 3.64% is 23.4% 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 Fine Blanking & Tool Co and its competitors. For the Vehicles & Parts industry, the median ROA % is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fine Blanking & Tool Co's current ROA % is 3.64%, which is 34% below median its own 10-year median of 5.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fine Blanking & Tool Co stock overvalued right now?
Based on GuruFocus' analysis, Fine Blanking & Tool Co (ROCO:4535) is currently considered Fairly Valued. The stock's GF Value™ is NT$28.40, compared to a current price of NT$28.00 — trading 1.4% below its estimated fair value. The current ROA % is 3.64%, which is 34% below median its 10-year median of 5.55 and 23.4% above the Vehicles & Parts industry median of 2.95. Fine Blanking & Tool Co's overall GF Score™ is 81/100 with 4 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 Fine Blanking & Tool Co (ROCO:4535), the current ROA % is 3.64% 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 Fine Blanking & Tool Co (ROCO:4535) Overvalued in 2026?

Based on GuruFocus' analysis, Fine Blanking & Tool Co stock appears to be undervalued. The current stock price of NT$28.00 is trading 1.4% below its estimated GF Value™ of NT$28.40. GuruFocus considers Fine Blanking & Tool Co to be Fairly Valued.

Key valuation signals for ROCO:4535:

  • ROA %: 3.64% (34% below median its 10-year median of 5.55)
  • GF Value™: NT$28.40 vs. price of NT$28.00 (1.4% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 23.4% above the Vehicles & Parts median (#659 of 1331)

No single metric tells the full story. See the ROCO:4535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fine Blanking & Tool Co Business Description

Address Gong 8th Road, No 3, Quanxing Industrial Zone, Xidi Village, Shengang Township, Changhua County, Changhua, TWN
Fine Blanking & Tool Co Ltd is a Taiwan-based manufacturer and seller of automobile and motorcycle parts, and various molds. Its product portfolio includes auto parts, locomotive stamping parts, bicycle parts, Fine blanking parts, and off-road. The group operates in two segments that include Domestic Operations and Overseas Operations. The majority of revenue is generated from the Overseas Operations segment, which is engaged in the manufacturing, processing, and production of various products and precision stamping parts for automobiles, motorcycles, and special vehicles. Geographically, the company derives key revenue from Asia (excluding Taiwan) and the rest from America, Europe, and Taiwan.
81GF Score

Get the complete analysis for ROCO:4535

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

NT$28.00
Price
NT$28.40
GF Value