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.
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.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. United Recommend International Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$-76 Mil.
United Recommend International Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$4,999 Mil. Therefore, United Recommend International Co's annualized ROA % for the quarter that ended in Dec. 2025 was -1.51%.
ROCO:5321'
s ROA % Range Over the Past 10 Years
Min: -8.59 Med: 2.3 Max: 6.53
Current: -0.29
During the past 13 years, United Recommend International Co's highest ROA % was 6.53%. The lowest was -8.59%. And the median was 2.30%.
ROCO:5321's ROA % is ranked worse than 66.47% of 2502
companies
in the Hardware industry
Industry Median: 2.28
vs ROCO:5321: -0.29
United Recommend International Co (ROCO:5321) 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.
United Recommend International Co ROA % Related Terms
United Recommend International Co ROA % Historical 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.
For the Electronic Components subindustry, United Recommend International 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.
United Recommend International Co ROA % vs Hardware Industry
* 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.
United Recommend International Co (ROCO:5321) has a ROA % of -1.51% 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 United Recommend International Co and its competitors. According to the industry distribution chart, United Recommend International Co ranks #1663 out of 2502 companies in the Hardware industry, placing it in the top 66.5%.
Is United Recommend International Co's ROA % too high?
United Recommend International Co's current ROA % is -1.51%. Based on the distribution chart, United Recommend International Co ranks #1663 out of 2502 companies in the Hardware industry, which is below the industry midpoint. Overall, United Recommend International Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United Recommend International Co's ROA % compare to APH and GLW?
According to the Hardware industry distribution chart, United Recommend International Co ranks #1663 out of 2502 companies for ROA %. This places United Recommend International Co in the lower half of its industry. The industry median ROA % is 2.28. 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 2,502 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. 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 United Recommend International 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. United Recommend International Co's current ROA % is -1.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Recommend International Co stock overvalued right now?
Based on GuruFocus' analysis, United Recommend International Co (ROCO:5321) is currently considered Fairly Valued. The stock's GF Value™ is NT$52.70, compared to a current price of NT$53.80 — trading 2.1% above its estimated fair value. The current ROA % is -1.51%. United Recommend International Co's overall GF Score™ is 62/100 with 8 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 United Recommend International Co (ROCO:5321), the current ROA % is -1.51% 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 United Recommend International Co (ROCO:5321) Overvalued in 2026?
Based on GuruFocus' analysis, United Recommend International Co stock appears to be overvalued.
The current stock price of NT$53.80 is trading 2.1% above its estimated GF Value™ of NT$52.70.
GuruFocus considers United Recommend International Co to be Fairly Valued.
Key valuation signals for ROCO:5321:
ROA %: -1.51%
GF Value™: NT$52.70 vs. price of NT$53.80 (2.1% above fair value)
No single metric tells the full story. See the ROCO:5321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Recommend International Co Business Description
United Recommend International Co Ltd is a Taiwan-based company that engages in the manufacture and trade of printed circuit boards (PCB). It specializes in multilayer, flexible, and double-sided boards. Its products cover flexible PCB and rigid PCB, including wireless Wi-Fi boards, projector boards, light boards, and solar panels.
62GF Score
Get the complete analysis for ROCO:5321
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:5321 has been successfully added to your 
