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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Cherng Tay Technology Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$79.1 Mil.
Cherng Tay Technology Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$1,304.1 Mil. Therefore, Cherng Tay Technology Co's annualized ROA % for the quarter that ended in Dec. 2025 was 6.07%.
The historical rank and industry rank for Cherng Tay Technology Co's ROA % or its related term are showing as below:
ROCO:4767'
s ROA % Range Over the Past 10 Years
Min: 2.86 Med: 4.93 Max: 6.55
Current: 2.87
During the past 13 years, Cherng Tay Technology Co's highest ROA % was 6.55%. The lowest was 2.86%. And the median was 4.93%.
ROCO:4767's ROA % is ranked worse than 50.5% of 1612
companies
in the Chemicals industry
Industry Median: 2.92
vs ROCO:4767: 2.87
Cherng Tay Technology Co (ROCO:4767) 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.
* 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 Specialty Chemicals subindustry, Cherng Tay Technology 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.
Cherng Tay Technology Co ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Cherng Tay Technology Co's ROA % distribution charts can be found below:
* The bar in red indicates where Cherng Tay Technology Co'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.
Cherng Tay Technology Co (ROCO:4767) has a ROA % of 6.07% 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 Cherng Tay Technology Co and its competitors. This is 23% above median its historical median of 4.93. Over the past decade, Cherng Tay Technology Co's ROA % has ranged from 2.86 to 6.55. According to the industry distribution chart, Cherng Tay Technology Co ranks #814 out of 1612 companies in the Chemicals industry, placing it in the top 50.5%.
Is Cherng Tay Technology Co's ROA % too high?
Cherng Tay Technology Co's current ROA % of 6.07% is 23% above median its 10-year median of 4.93. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 6.55. The Chemicals industry median ROA % is 2.92. Cherng Tay Technology Co's value of 6.07% is 107.9% above this industry median. Based on the distribution chart, Cherng Tay Technology Co ranks #814 out of 1612 companies in the Chemicals industry, which is below the industry midpoint. Overall, Cherng Tay Technology Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cherng Tay Technology Co's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Cherng Tay Technology Co ranks #814 out of 1612 companies for ROA %. This places Cherng Tay Technology Co in the lower half of its industry. The industry median ROA % is 2.92. Cherng Tay Technology Co's value of 6.07% is 107.9% above this benchmark. Historically, Cherng Tay Technology Co's own ROA % has ranged from 2.86 to 6.55 over the past decade. While the company's 10-year median is 4.93 vs. the industry median of 2.92, Cherng Tay Technology 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 Chemicals company?
The median ROA % among Chemicals companies is 2.92, based on 1,612 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. Cherng Tay Technology Co's current ROA % of 6.07% is 107.9% 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 Cherng Tay Technology Co and its competitors. For the Chemicals industry, the median ROA % is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cherng Tay Technology Co's current ROA % is 6.07%, which is 23% above median its own 10-year median of 4.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherng Tay Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Cherng Tay Technology Co (ROCO:4767) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$23.64, compared to a current price of NT$27.40 — trading 15.9% above its estimated fair value. The current ROA % is 6.07%, which is 23% above median its 10-year median of 4.93 and 107.9% above the Chemicals industry median of 2.92. Cherng Tay Technology Co's overall GF Score™ is 81/100 with 5 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 Cherng Tay Technology Co (ROCO:4767), the current ROA % is 6.07% 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 Cherng Tay Technology Co (ROCO:4767) Overvalued in 2026?
Based on GuruFocus' analysis, Cherng Tay Technology Co stock appears to be overvalued.
The current stock price of NT$27.40 is trading 15.9% above its estimated GF Value™ of NT$23.64.
GuruFocus considers Cherng Tay Technology Co to be Modestly Overvalued.
Key valuation signals for ROCO:4767:
ROA %: 6.07% (23% above median its 10-year median of 4.93)
GF Value™: NT$23.64 vs. price of NT$27.40 (15.9% above fair value)
Industry Position: 107.9% above the Chemicals median (#814 of 1612)
No single metric tells the full story. See the ROCO:4767 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cherng Tay Technology Co Ltd is mainly engaged in the manufacturing and sale of adhesives. The Company develops hot melt adhesives and waterproofing materials, with core technologies in environmentally friendly hot melt adhesives, adhesives, waterproofing films, and waterproofing glues. These products are used in the packaging, bookmaking, footwear and waterproofing industries. The Group operates in Taiwan, Mainland China, which generates maximum revenue, India, Indonesia and Vietnam.
81GF Score
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