Thai Kin Co (ROCO:6629) ROA %: 13.41% (As of Dec. 2025) — 13% Above Median


ROCO:6629 Thai Kin Co Ltd ROCO:6629
92 GF Score
Price NT$108.00
GF Value NT$107.67
Valuation Fairly Valued
! 3 Warning Signs
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What is Thai Kin Co ROA %?

Thai Kin Co ROCO:6629 92 ROA % is 13.41% as of Dec. 2025, which is 13% above its 10-year median of 11.92. GuruFocus rates ROCO:6629 with a GF Score™ of 92/100 and a GF Value™ of NT$107.67 (Fairly Valued). The stock has 3 warning signs investors should review. Among 432 Furnishings, Fixtures & Appliances companies, Thai Kin Co ranks better than 92.13% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Thai Kin Co's annualized Net Income for the quarter that ended in Dec. 2025 was NT$333 Mil. Thai Kin Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$2,487 Mil. Therefore, Thai Kin Co's annualized ROA % for the quarter that ended in Dec. 2025 was 13.41%.

The historical rank and industry rank for Thai Kin Co's ROA % or its related term are showing as below:

ROCO:6629' s ROA % Range Over the Past 10 Years
Min: 1.87   Med: 11.92   Max: 22.18
Current: 10.66

During the past 10 years, Thai Kin Co's highest ROA % was 22.18%. The lowest was 1.87%. And the median was 11.92%.

ROCO:6629's ROA % is ranked better than
92.13% of 432 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.215 vs ROCO:6629: 10.66

Thai Kin Co  (ROCO:6629) 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
=333.492/2486.951
=(Net Income / Revenue)*(Revenue / Total Assets)
=(333.492 / 2363.296)*(2363.296 / 2486.951)
=Net Margin %*Asset Turnover
=14.11 %*0.9503
=13.41 %

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.


Thai Kin Co ROA % Related Terms


Thai Kin Co ROA % Historical Data

* Premium members only.

The historical data trend for Thai Kin 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.

Thai Kin Co ROA % Chart

Thai Kin Co 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 14.22 10.58 11.12 22.18 10.16

Thai Kin Co 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 22.31 18.47 -8.54 18.92 13.41

ROCO:6629 vs SN, SGI, MHK: ROA % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Thai Kin 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.


Thai Kin Co ROA % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Thai Kin Co's ROA % distribution charts can be found below:

* The bar in red indicates where Thai Kin Co's ROA % falls into.


ROCO:6629
92GF Score
Thai Kin Co Ltd ROCO:6629
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Kin Co ROA % Calculation

Thai Kin Co'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 )
=247.441/( (2275.056+2596.059)/ 2 )
=247.441/2435.5575
=10.16 %

Thai Kin Co'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 )
=333.492/( (2377.843+2596.059)/ 2 )
=333.492/2486.951
=13.41 %

* 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 13.41% mean?
Thai Kin Co (ROCO:6629) has a ROA % of 13.41% 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 Thai Kin Co and its competitors. This is 13% above median its historical median of 11.92. Over the past decade, Thai Kin Co's ROA % has ranged from 1.87 to 22.18. According to the industry distribution chart, Thai Kin Co ranks #34 out of 432 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 7.9%.
Is Thai Kin Co's ROA % too high?
Thai Kin Co's current ROA % of 13.41% is 13% above median its 10-year median of 11.92. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 22.18. The Furnishings, Fixtures & Appliances industry median ROA % is 2.22. Thai Kin Co's value of 13.41% is 505.4% above this industry median. Based on the distribution chart, Thai Kin Co ranks #34 out of 432 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Kin Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Kin Co's ROA % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Thai Kin Co ranks #34 out of 432 companies for ROA %. This places Thai Kin Co in the top 8% of its industry — outperforming the majority of peers. The industry median ROA % is 2.22. Thai Kin Co's value of 13.41% is 505.4% above this benchmark. Historically, Thai Kin Co's own ROA % has ranged from 1.87 to 22.18 over the past decade. While the company's 10-year median is 11.92 vs. the industry median of 2.22, Thai Kin 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 Furnishings, Fixtures & Appliances company?
The median ROA % among Furnishings, Fixtures & Appliances companies is 2.22, based on 432 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. Thai Kin Co's current ROA % of 13.41% is 505.4% 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 Thai Kin Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROA % is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Kin Co's current ROA % is 13.41%, which is 13% above median its own 10-year median of 11.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Kin Co stock overvalued right now?
Based on GuruFocus' analysis, Thai Kin Co (ROCO:6629) is currently considered Fairly Valued. The stock's GF Value™ is NT$107.67, compared to a current price of NT$108.00 — trading 0.3% above its estimated fair value. The current ROA % is 13.41%, which is 13% above median its 10-year median of 11.92 and 505.4% above the Furnishings, Fixtures & Appliances industry median of 2.22. Thai Kin Co's overall GF Score™ is 92/100 with 3 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 Thai Kin Co (ROCO:6629), the current ROA % is 13.41% 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 Thai Kin Co (ROCO:6629) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Kin Co stock appears to be overvalued. The current stock price of NT$108.00 is trading 0.3% above its estimated GF Value™ of NT$107.67. GuruFocus considers Thai Kin Co to be Fairly Valued.

Key valuation signals for ROCO:6629:

  • ROA %: 13.41% (13% above median its 10-year median of 11.92)
  • GF Value™: NT$107.67 vs. price of NT$108.00 (0.3% above fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 505.4% above the Furnishings, Fixtures & Appliances median (#34 of 432)

No single metric tells the full story. See the ROCO:6629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Kin Co Business Description

Address No.152, Songjiang Road, 13th Floor, Room A, Section 3, Zhongshan District, Taipei, TWN, 104
Thai Kin Co Ltd is a manufacturer of casting for furniture. The company also offers diverse packaging options, catering to both retail system packaging and direct-to-shelf retail needs. The product portfolio of the company includes Cabinet Hardware, Drapery Hardware, Bathroom Accessories, Shelf Supports, Hooks, Decorative Accessories, Candle Holders, among others. Geographically, it derives a majority of its revenue from America and also has a presence in Europe and Asia.
92GF Score

Get the complete analysis for ROCO:6629

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

NT$108.00
Price
NT$107.67
GF Value