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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Taiwan Biomateiral Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$15.0 Mil.
Taiwan Biomateiral Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$778.5 Mil. Therefore, Taiwan Biomateiral Co's annualized ROA % for the quarter that ended in Dec. 2025 was 1.93%.
The historical rank and industry rank for Taiwan Biomateiral Co's ROA % or its related term are showing as below:
ROCO:6649'
s ROA % Range Over the Past 10 Years
Min: -24.97 Med: -8.7 Max: 7.92
Current: 7.92
During the past 13 years, Taiwan Biomateiral Co's highest ROA % was 7.92%. The lowest was -24.97%. And the median was -8.70%.
ROCO:6649's ROA % is ranked better than 80.94% of 855
companies
in the Medical Devices & Instruments industry
Industry Median: 0.56
vs ROCO:6649: 7.92
Taiwan Biomateiral Co (ROCO:6649) 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.
* 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 Medical Devices subindustry, Taiwan Biomateiral 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.
Taiwan Biomateiral Co ROA % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Taiwan Biomateiral Co's ROA % distribution charts can be found below:
* The bar in red indicates where Taiwan Biomateiral 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.
Taiwan Biomateiral Co (ROCO:6649) has a ROA % of 1.93% 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 Taiwan Biomateiral Co and its competitors. According to the industry distribution chart, Taiwan Biomateiral Co ranks #163 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 19.1%.
Is Taiwan Biomateiral Co's ROA % too high?
Taiwan Biomateiral Co's current ROA % is 1.93%. The Medical Devices & Instruments industry median ROA % is 0.56. Taiwan Biomateiral Co's value of 1.93% is 244.6% above this industry median. Based on the distribution chart, Taiwan Biomateiral Co ranks #163 out of 855 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Biomateiral Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Biomateiral Co's ROA % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Taiwan Biomateiral Co ranks #163 out of 855 companies for ROA %. This places Taiwan Biomateiral Co in the top 19% of its industry — outperforming the majority of peers. The industry median ROA % is 0.56. Taiwan Biomateiral Co's value of 1.93% is 244.6% above this benchmark. 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 Medical Devices & Instruments company?
The median ROA % among Medical Devices & Instruments companies is 0.56, based on 855 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. Taiwan Biomateiral Co's current ROA % of 1.93% is 244.6% 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 Taiwan Biomateiral Co and its competitors. For the Medical Devices & Instruments industry, the median ROA % is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Biomateiral Co's current ROA % is 1.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Biomateiral Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Biomateiral Co (ROCO:6649) is currently considered Possible Value Trap. The stock's GF Value™ is NT$77.96, compared to a current price of NT$37.40 — trading 52% below its estimated fair value. The current ROA % is 1.93% and 244.6% above the Medical Devices & Instruments industry median of 0.56. Taiwan Biomateiral Co's overall GF Score™ is 74/100 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 Taiwan Biomateiral Co (ROCO:6649), the current ROA % is 1.93% 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 Taiwan Biomateiral Co (ROCO:6649) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Biomateiral Co stock appears to be undervalued.
The current stock price of NT$37.40 is trading 52% below its estimated GF Value™ of NT$77.96.
GuruFocus considers Taiwan Biomateiral Co to be Possible Value Trap.
Key valuation signals for ROCO:6649:
ROA %: 1.93%
GF Value™: NT$77.96 vs. price of NT$37.40 (52% below fair value)
Industry Position: 244.6% above the Medical Devices & Instruments median (#163 of 855)
No single metric tells the full story. See the ROCO:6649 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Biomateiral Co Ltd is an applied technology Research and Development Institute in Taiwan. It is engaged in the research and development and sales of implantable medical devices. The company's products include Foamagen, stroke interventional treatment devices.
74GF Score
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