ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Asia Electronic Material Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$39 Mil.
Asia Electronic Material Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$2,592 Mil. Therefore, Asia Electronic Material Co's annualized ROA % for the quarter that ended in Dec. 2025 was 1.50%.
The historical rank and industry rank for Asia Electronic Material Co's ROA % or its related term are showing as below:
ROCO:4939'
s ROA % Range Over the Past 10 Years
Min: -1.56 Med: 1.34 Max: 5.85
Current: -1.55
During the past 13 years, Asia Electronic Material Co's highest ROA % was 5.85%. The lowest was -1.56%. And the median was 1.34%.
ROCO:4939's ROA % is ranked worse than 70.93% of 2501
companies
in the Hardware industry
Industry Median: 2.27
vs ROCO:4939: -1.55
Asia Electronic Material Co (ROCO:4939) 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 Electronic Components subindustry, Asia Electronic Material 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.
Asia Electronic Material Co ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Asia Electronic Material Co's ROA % distribution charts can be found below:
* The bar in red indicates where Asia Electronic Material 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.
Asia Electronic Material Co (ROCO:4939) has a ROA % of 1.50% 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 Asia Electronic Material Co and its competitors. This is 12% above median its historical median of 1.34. According to the industry distribution chart, Asia Electronic Material Co ranks #1774 out of 2501 companies in the Hardware industry, placing it in the top 70.9%.
Is Asia Electronic Material Co's ROA % too high?
Asia Electronic Material Co's current ROA % of 1.50% is 12% above median its 10-year median of 1.34. The Hardware industry median ROA % is 2.27. Asia Electronic Material Co's value of 1.50% is 33.9% below this industry median. Based on the distribution chart, Asia Electronic Material Co ranks #1774 out of 2501 companies in the Hardware industry, which is below the industry midpoint. Overall, Asia Electronic Material Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Electronic Material Co's ROA % compare to APH and GLW?
According to the Hardware industry distribution chart, Asia Electronic Material Co ranks #1774 out of 2501 companies for ROA %. This places Asia Electronic Material Co in the lower half of its industry. The industry median ROA % is 2.27. Asia Electronic Material Co's value of 1.50% is 33.9% below this benchmark. While the company's 10-year median is 1.34 vs. the industry median of 2.27, Asia Electronic Material Co has consistently been below 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 2.27, based on 2,501 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. Asia Electronic Material Co's current ROA % of 1.50% is 33.9% below 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 Asia Electronic Material Co and its competitors. For the Hardware industry, the median ROA % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Electronic Material Co's current ROA % is 1.50%, which is 12% above median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Electronic Material Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Electronic Material Co (ROCO:4939) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.28, compared to a current price of NT$60.10 — trading 228.8% above its estimated fair value. The current ROA % is 1.50%, which is 12% above median its 10-year median of 1.34 and 33.9% below the Hardware industry median of 2.27. Asia Electronic Material Co's overall GF Score™ is 47/100 with 10 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 Asia Electronic Material Co (ROCO:4939), the current ROA % is 1.50% 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 Asia Electronic Material Co (ROCO:4939) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Electronic Material Co stock appears to be overvalued.
The current stock price of NT$60.10 is trading 228.8% above its estimated GF Value™ of NT$18.28.
GuruFocus considers Asia Electronic Material Co to be Significantly Overvalued.
Key valuation signals for ROCO:4939:
ROA %: 1.50% (12% above median its 10-year median of 1.34)
GF Value™: NT$18.28 vs. price of NT$60.10 (228.8% above fair value)
Industry Position: 33.9% below the Hardware median (#1774 of 2501)
No single metric tells the full story. See the ROCO:4939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Electronic Material Co Ltd is engaged in manufacture of electronic products and sale of electronic materials. Geographically, the company operates in Taiwan, China, and Other Countries, of which it derives maximum revenue from China. it mainly researches, develops, manufactures and markets flexible copper clad laminate (FCCL), coverlay (CL), stiffener and bonding sheet. Its products are used in Mobile phones, smart phones, digital cameras, laptop PCs, tablet PCs, LCD monitors, printer inkjet heads, hard drive heads, a variety of flat panel displays, touch modules, antenna panels, batteries and LED backlight module light bar etc.
47GF Score
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