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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Taiwan Thick-Film Ind's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$-103 Mil.
Taiwan Thick-Film Ind's average Total Assets over the quarter that ended in Mar. 2026 was NT$1,240 Mil. Therefore, Taiwan Thick-Film Ind's annualized ROA % for the quarter that ended in Mar. 2026 was -8.32%.
The historical rank and industry rank for Taiwan Thick-Film Ind's ROA % or its related term are showing as below:
ROCO:6246'
s ROA % Range Over the Past 10 Years
Min: -7.61 Med: 1.86 Max: 19.82
Current: 2.62
During the past 13 years, Taiwan Thick-Film Ind's highest ROA % was 19.82%. The lowest was -7.61%. And the median was 1.86%.
ROCO:6246's ROA % is ranked better than 51.36% of 2502
companies
in the Hardware industry
Industry Median: 2.44
vs ROCO:6246: 2.62
Taiwan Thick-Film Ind (ROCO:6246) 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 (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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, Taiwan Thick-Film Ind'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.
Taiwan Thick-Film Ind ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Taiwan Thick-Film Ind's ROA % distribution charts can be found below:
* The bar in red indicates where Taiwan Thick-Film Ind'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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Taiwan Thick-Film Ind (ROCO:6246) has a ROA % of -8.32% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Taiwan Thick-Film Ind and its competitors. According to the industry distribution chart, Taiwan Thick-Film Ind ranks #1217 out of 2502 companies in the Hardware industry, placing it in the top 48.6%.
Is Taiwan Thick-Film Ind's ROA % too high?
Taiwan Thick-Film Ind's current ROA % is -8.32%. Based on the distribution chart, Taiwan Thick-Film Ind ranks #1217 out of 2502 companies in the Hardware industry, which is above the industry midpoint. Overall, Taiwan Thick-Film Ind has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Thick-Film Ind's ROA % compare to APH and GLW?
According to the Hardware industry distribution chart, Taiwan Thick-Film Ind ranks #1217 out of 2502 companies for ROA %. This puts Taiwan Thick-Film Ind in the upper half of its industry. The industry median ROA % is 2.44. 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 2.44, 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 Taiwan Thick-Film Ind and its competitors. For the Hardware industry, the median ROA % is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Thick-Film Ind's current ROA % is -8.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Thick-Film Ind stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Thick-Film Ind (ROCO:6246) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$13.65, compared to a current price of NT$12.30 — trading 9.9% below its estimated fair value. The current ROA % is -8.32%. Taiwan Thick-Film Ind's overall GF Score™ is 67/100 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 Taiwan Thick-Film Ind (ROCO:6246), the current ROA % is -8.32% as of Mar. 2026. 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 Taiwan Thick-Film Ind (ROCO:6246) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Thick-Film Ind stock appears to be undervalued.
The current stock price of NT$12.30 is trading 9.9% below its estimated GF Value™ of NT$13.65.
GuruFocus considers Taiwan Thick-Film Ind to be Modestly Undervalued.
Key valuation signals for ROCO:6246:
ROA %: -8.32%
GF Value™: NT$13.65 vs. price of NT$12.30 (9.9% below fair value)
No single metric tells the full story. See the ROCO:6246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Thick-Film Ind Corp is engaged in manufacturing, processing and trading of electronic components such as backlight modules, transformers and light source sets. Its products include LED Backlight Module, Light Guide Plates, Plastic Box, LED Light Bars, Transformers, small Motors, and Cover Lens.
67GF Score
Get the complete analysis for ROCO:6246
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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