First Hi-Tec CoROCO:5439 +9.95%83 ROA % is 14.14% as of Dec. 2025, which is 28% above its 10-year median of 11.05. GuruFocus rates ROCO:5439 with a GF Score™ of 83/100 and a GF Value™ of NT$262.45 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,501 Hardware companies, First Hi-Tec Co ranks better than 95.76% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. First Hi-Tec Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$1,570 Mil.
First Hi-Tec Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$11,104 Mil. Therefore, First Hi-Tec Co's annualized ROA % for the quarter that ended in Dec. 2025 was 14.14%.
The historical rank and industry rank for First Hi-Tec Co's ROA % or its related term are showing as below:
ROCO:5439'
s ROA % Range Over the Past 10 Years
Min: 6.98 Med: 11.05 Max: 16.05
Current: 15.28
During the past 13 years, First Hi-Tec Co's highest ROA % was 16.05%. The lowest was 6.98%. And the median was 11.05%.
ROCO:5439's ROA % is ranked better than 95.76% of 2501
companies
in the Hardware industry
Industry Median: 2.27
vs ROCO:5439: 15.28
First Hi-Tec Co (ROCO:5439) 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.
First Hi-Tec Co ROA % Related Terms
First Hi-Tec Co ROA % Historical Data
* Premium members only.
The historical data trend for First Hi-Tec 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.
For the Electronic Components subindustry, First Hi-Tec 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.
First Hi-Tec Co ROA % vs Hardware Industry
For the Hardware industry and Technology sector, First Hi-Tec Co's ROA % distribution charts can be found below:
* The bar in red indicates where First Hi-Tec 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.
First Hi-Tec Co (ROCO:5439) has a ROA % of 14.14% 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 First Hi-Tec Co and its competitors. This is 28% above median its historical median of 11.05. Over the past decade, First Hi-Tec Co's ROA % has ranged from 6.98 to 16.05. According to the industry distribution chart, First Hi-Tec Co ranks #106 out of 2501 companies in the Hardware industry, placing it in the top 4.2%.
Is First Hi-Tec Co's ROA % too high?
First Hi-Tec Co's current ROA % of 14.14% is 28% above median its 10-year median of 11.05. Over the past 10 years, this metric has ranged from a low of 6.98 to a high of 16.05. The Hardware industry median ROA % is 2.27. First Hi-Tec Co's value of 14.14% is 522.9% above this industry median. Based on the distribution chart, First Hi-Tec Co ranks #106 out of 2501 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, First Hi-Tec Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Hi-Tec Co's ROA % compare to APH and GLW?
According to the Hardware industry distribution chart, First Hi-Tec Co ranks #106 out of 2501 companies for ROA %. This places First Hi-Tec Co in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 2.27. First Hi-Tec Co's value of 14.14% is 522.9% above this benchmark. Historically, First Hi-Tec Co's own ROA % has ranged from 6.98 to 16.05 over the past decade. While the company's 10-year median is 11.05 vs. the industry median of 2.27, First Hi-Tec 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 2.27, 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. First Hi-Tec Co's current ROA % of 14.14% is 522.9% 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 First Hi-Tec 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. First Hi-Tec Co's current ROA % is 14.14%, which is 28% above median its own 10-year median of 11.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Hi-Tec Co stock overvalued right now?
Based on GuruFocus' analysis, First Hi-Tec Co (ROCO:5439) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$262.45, compared to a current price of NT$348.00 — trading 32.6% above its estimated fair value. The current ROA % is 14.14%, which is 28% above median its 10-year median of 11.05 and 522.9% above the Hardware industry median of 2.27. First Hi-Tec Co's overall GF Score™ is 83/100 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 First Hi-Tec Co (ROCO:5439), the current ROA % is 14.14% 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 First Hi-Tec Co (ROCO:5439) Overvalued in 2026?
Based on GuruFocus' analysis, First Hi-Tec Co stock appears to be overvalued.
The current stock price of NT$348.00 is trading 32.6% above its estimated GF Value™ of NT$262.45.
GuruFocus considers First Hi-Tec Co to be Significantly Overvalued.
Key valuation signals for ROCO:5439:
ROA %: 14.14% (28% above median its 10-year median of 11.05)
GF Value™: NT$262.45 vs. price of NT$348.00 (32.6% above fair value)
Industry Position: 522.9% above the Hardware median (#106 of 2501)
No single metric tells the full story. See the ROCO:5439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Hi-Tec Co Ltd main business is manufacture and sales of PCB and computer peripherals, etc. The Company is engaged in production and sales of electronic equipment and wholesale of components, etc. The group is only engaged in manufacturing and trading of PCB and computer peripherals, which belong to a single industry, the operating segments and reportable segments are single segment. The company has presence in Taiwan, Asia, and Others. The company generates majority of revenue from Taiwan. The company's products are Automotive, Semiconductor and others, Power Control Modules Robot, Telecom, Layer Counts, Application Type, Capability, and Roadmap.
83GF Score
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