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. Mutual-Tek Industries Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$186 Mil.
Mutual-Tek Industries Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$3,048 Mil. Therefore, Mutual-Tek Industries Co's annualized ROA % for the quarter that ended in Dec. 2025 was 6.09%.
The historical rank and industry rank for Mutual-Tek Industries Co's ROA % or its related term are showing as below:
ROCO:6407'
s ROA % Range Over the Past 10 Years
Min: -10.61 Med: 2.58 Max: 7.98
Current: 3.8
During the past 13 years, Mutual-Tek Industries Co's highest ROA % was 7.98%. The lowest was -10.61%. And the median was 2.58%.
ROCO:6407's ROA % is ranked better than 59.81% of 2503
companies
in the Hardware industry
Industry Median: 2.28
vs ROCO:6407: 3.80
Mutual-Tek Industries Co (ROCO:6407) 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 two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (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, Mutual-Tek Industries 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.
Mutual-Tek Industries Co ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Mutual-Tek Industries Co's ROA % distribution charts can be found below:
* The bar in red indicates where Mutual-Tek Industries 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 two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Mutual-Tek Industries Co (ROCO:6407) has a ROA % of 6.09% 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 Mutual-Tek Industries Co and its competitors. This is 136% above median its historical median of 2.58. According to the industry distribution chart, Mutual-Tek Industries Co ranks #1006 out of 2503 companies in the Hardware industry, placing it in the top 40.2%.
Is Mutual-Tek Industries Co's ROA % too high?
Mutual-Tek Industries Co's current ROA % of 6.09% is 136% above median its 10-year median of 2.58. The Hardware industry median ROA % is 2.28. Mutual-Tek Industries Co's value of 6.09% is 167.1% above this industry median. Based on the distribution chart, Mutual-Tek Industries Co ranks #1006 out of 2503 companies in the Hardware industry, which is above the industry midpoint. Overall, Mutual-Tek Industries Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mutual-Tek Industries Co's ROA % compare to APH and GLW?
According to the Hardware industry distribution chart, Mutual-Tek Industries Co ranks #1006 out of 2503 companies for ROA %. This puts Mutual-Tek Industries Co in the upper half of its industry. The industry median ROA % is 2.28. Mutual-Tek Industries Co's value of 6.09% is 167.1% above this benchmark. While the company's 10-year median is 2.58 vs. the industry median of 2.28, Mutual-Tek Industries 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 2.28, based on 2,503 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. Mutual-Tek Industries Co's current ROA % of 6.09% is 167.1% 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 Mutual-Tek Industries 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. Mutual-Tek Industries Co's current ROA % is 6.09%, which is 136% above median its own 10-year median of 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mutual-Tek Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Mutual-Tek Industries Co (ROCO:6407) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$23.19, compared to a current price of NT$25.80 — trading 11.3% above its estimated fair value. The current ROA % is 6.09%, which is 136% above median its 10-year median of 2.58 and 167.1% above the Hardware industry median of 2.28. Mutual-Tek Industries Co's overall GF Score™ is 66/100 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 Mutual-Tek Industries Co (ROCO:6407), the current ROA % is 6.09% 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 Mutual-Tek Industries Co (ROCO:6407) Overvalued in 2026?
Based on GuruFocus' analysis, Mutual-Tek Industries Co stock appears to be overvalued.
The current stock price of NT$25.80 is trading 11.3% above its estimated GF Value™ of NT$23.19.
GuruFocus considers Mutual-Tek Industries Co to be Modestly Overvalued.
Key valuation signals for ROCO:6407:
ROA %: 6.09% (136% above median its 10-year median of 2.58)
GF Value™: NT$23.19 vs. price of NT$25.80 (11.3% above fair value)
Industry Position: 167.1% above the Hardware median (#1006 of 2503)
No single metric tells the full story. See the ROCO:6407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mutual-Tek Industries Co Ltd is involved in manufacturing multi-layer and double-sided printed circuit boards (PCBs). Its product offerings include Rigid-Flex Board, High-Density Interconnect PCB, High Layer count, and Ultra-Thin PCB among others.
66GF Score
Get the complete analysis for ROCO:6407
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:6407 has been successfully added to your 
