Top Union Electronics (ROCO:6266) ROA %: 9.53% (As of Dec. 2025) — 22% Above Median

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ROCO:6266 Top Union Electronics Corp ROCO:6266
91 GF Score
Price NT$25.05
GF Value NT$30.96
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Top Union Electronics ROA %?

Top Union Electronics ROCO:6266 -0.20% 91 ROA % is 9.53% as of Dec. 2025, which is 22% above its 10-year median of 7.79. GuruFocus rates ROCO:6266 with a GF Score™ of 91/100 and a GF Value™ of NT$30.96 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,028 Semiconductors companies, Top Union Electronics ranks better than 76.46% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Top Union Electronics's annualized Net Income for the quarter that ended in Dec. 2025 was NT$337 Mil. Top Union Electronics's average Total Assets over the quarter that ended in Dec. 2025 was NT$3,536 Mil. Therefore, Top Union Electronics's annualized ROA % for the quarter that ended in Dec. 2025 was 9.53%.

The historical rank and industry rank for Top Union Electronics's ROA % or its related term are showing as below:

ROCO:6266' s ROA % Range Over the Past 10 Years
Min: 3.61   Med: 7.79   Max: 11.02
Current: 8.54

During the past 13 years, Top Union Electronics's highest ROA % was 11.02%. The lowest was 3.61%. And the median was 7.79%.

ROCO:6266's ROA % is ranked better than
76.46% of 1028 companies
in the Semiconductors industry
Industry Median: 2.47 vs ROCO:6266: 8.54

Top Union Electronics  (ROCO:6266) 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 bank’s 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:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=336.984/3536.3415
=(Net Income / Revenue)*(Revenue / Total Assets)
=(336.984 / 3441.94)*(3441.94 / 3536.3415)
=Net Margin %*Asset Turnover
=9.79 %*0.9733
=9.53 %

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.


Top Union Electronics ROA % Related Terms


Top Union Electronics ROA % Historical Data

* Premium members only.

The historical data trend for Top Union Electronics'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.

Top Union Electronics ROA % Chart

Top Union Electronics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.22 10.70 9.10 11.02 8.61

Top Union Electronics Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.98 9.72 6.34 8.55 9.53

ROCO:6266 vs AMAT, LRCX, KLAC: ROA % Comparison

For the Semiconductor Equipment & Materials subindustry, Top Union Electronics'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.


Top Union Electronics ROA % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Top Union Electronics's ROA % distribution charts can be found below:

* The bar in red indicates where Top Union Electronics's ROA % falls into.


ROCO:6266
91GF Score
Top Union Electronics Corp ROCO:6266
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Top Union Electronics ROA % Calculation

Top Union Electronics's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=307.491/( (3570.825+3568.995)/ 2 )
=307.491/3569.91
=8.61 %

Top Union Electronics's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=336.984/( (3503.688+3568.995)/ 2 )
=336.984/3536.3415
=9.53 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 9.53% mean?
Top Union Electronics (ROCO:6266) has a ROA % of 9.53% 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 Top Union Electronics and its competitors. This is 22% above median its historical median of 7.79. Over the past decade, Top Union Electronics' ROA % has ranged from 3.61 to 11.02. According to the industry distribution chart, Top Union Electronics ranks #242 out of 1028 companies in the Semiconductors industry, placing it in the top 23.5%.
Is Top Union Electronics' ROA % too high?
Top Union Electronics' current ROA % of 9.53% is 22% above median its 10-year median of 7.79. Over the past 10 years, this metric has ranged from a low of 3.61 to a high of 11.02. The Semiconductors industry median ROA % is 2.47. Top Union Electronics' value of 9.53% is 285.8% above this industry median. Based on the distribution chart, Top Union Electronics ranks #242 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Top Union Electronics has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Top Union Electronics' ROA % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Top Union Electronics ranks #242 out of 1028 companies for ROA %. This places Top Union Electronics in the top 24% of its industry — outperforming the majority of peers. The industry median ROA % is 2.47. Top Union Electronics' value of 9.53% is 285.8% above this benchmark. Historically, Top Union Electronics' own ROA % has ranged from 3.61 to 11.02 over the past decade. While the company's 10-year median is 7.79 vs. the industry median of 2.47, Top Union Electronics 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 Semiconductors company?
The median ROA % among Semiconductors companies is 2.47, based on 1,028 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. Top Union Electronics's current ROA % of 9.53% is 285.8% 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 Top Union Electronics and its competitors. For the Semiconductors industry, the median ROA % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Union Electronics's current ROA % is 9.53%, which is 22% above median its own 10-year median of 7.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Union Electronics stock overvalued right now?
Based on GuruFocus' analysis, Top Union Electronics (ROCO:6266) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$30.96, compared to a current price of NT$25.05 — trading 19.1% below its estimated fair value. The current ROA % is 9.53%, which is 22% above median its 10-year median of 7.79 and 285.8% above the Semiconductors industry median of 2.47. Top Union Electronics' overall GF Score™ is 91/100 with 2 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 Top Union Electronics (ROCO:6266), the current ROA % is 9.53% 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 Top Union Electronics (ROCO:6266) Overvalued in 2026?

Based on GuruFocus' analysis, Top Union Electronics stock appears to be undervalued. The current stock price of NT$25.05 is trading 19.1% below its estimated GF Value™ of NT$30.96. GuruFocus considers Top Union Electronics to be Modestly Undervalued.

Key valuation signals for ROCO:6266:

  • ROA %: 9.53% (22% above median its 10-year median of 7.79)
  • GF Value™: NT$30.96 vs. price of NT$25.05 (19.1% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 285.8% above the Semiconductors median (#242 of 1028)

No single metric tells the full story. See the ROCO:6266 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Top Union Electronics Business Description

Address No. 480, Niupu East Road, Xiangshan District, Hsinchu, TWN, 30091
Top Union Electronics Corp is principally engaged in the design, manufacture, and technical support of electronic products and communication equipment, as well as providing surface mount technology (SMT) services, processing, and international trade business. The company operates in America, Taiwan, and China, of which it derives maximum revenue.
91GF Score

Get the complete analysis for ROCO:6266

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$25.05
Price
NT$30.96
GF Value