Study King Co (ROCO:6780) ROA %: 9.81% (As of Dec. 2025) — 40% Above Median

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ROCO:6780 Study King Co Ltd ROCO:6780
75 GF Score
Price NT$40.00
GF Value NT$19.15
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Study King Co ROA %?

Study King Co ROCO:6780 75 ROA % is 9.81% as of Dec. 2025, which is 40% above its 10-year median of 7.00. GuruFocus rates ROCO:6780 with a GF Score™ of 75/100 and a GF Value™ of NT$19.15 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,886 Software companies, Study King Co ranks better than 74.6% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Study King Co's annualized Net Income for the quarter that ended in Dec. 2025 was NT$29.6 Mil. Study King Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$301.7 Mil. Therefore, Study King Co's annualized ROA % for the quarter that ended in Dec. 2025 was 9.81%.

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

ROCO:6780' s ROA % Range Over the Past 10 Years
Min: 0.03   Med: 7   Max: 14.57
Current: 7.67

During the past 8 years, Study King Co's highest ROA % was 14.57%. The lowest was 0.03%. And the median was 7.00%.

ROCO:6780's ROA % is ranked better than
74.6% of 2886 companies
in the Software industry
Industry Median: 1.68 vs ROCO:6780: 7.67

Study King Co  (ROCO:6780) 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
=29.594/301.6535
=(Net Income / Revenue)*(Revenue / Total Assets)
=(29.594 / 374.442)*(374.442 / 301.6535)
=Net Margin %*Asset Turnover
=7.9 %*1.2413
=9.81 %

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.


Study King Co ROA % Related Terms


Study King Co ROA % Historical Data

* Premium members only.

The historical data trend for Study King 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.

Study King Co ROA % Chart

Study King Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial 5.91 6.43 0.03 5.13 7.56

Study King Co Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 -6.41 0.53 9.77 5.65 9.81

ROCO:6780 vs UBER, SHOP, CRM: ROA % Comparison

For the Software - Application subindustry, Study King 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.


Study King Co ROA % vs Software Industry

For the Software industry and Technology sector, Study King Co's ROA % distribution charts can be found below:

* The bar in red indicates where Study King Co's ROA % falls into.


ROCO:6780
75GF Score
Study King Co Ltd ROCO:6780
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Study King Co ROA % Calculation

Study King 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 )
=23.348/( (309.943+307.82)/ 2 )
=23.348/308.8815
=7.56 %

Study King Co's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=29.594/( (295.487+307.82)/ 2 )
=29.594/301.6535
=9.81 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 9.81% mean?
Study King Co (ROCO:6780) has a ROA % of 9.81% 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 Study King Co and its competitors. This is 40% above median its historical median of 7.00. Over the past decade, Study King Co's ROA % has ranged from 0.03 to 14.57. According to the industry distribution chart, Study King Co ranks #733 out of 2886 companies in the Software industry, placing it in the top 25.4%.
Is Study King Co's ROA % too high?
Study King Co's current ROA % of 9.81% is 40% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 14.57. The Software industry median ROA % is 1.68. Study King Co's value of 9.81% is 483.9% above this industry median. Based on the distribution chart, Study King Co ranks #733 out of 2886 companies in the Software industry, which is above the industry midpoint. Overall, Study King Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Study King Co's ROA % compare to UBER and SHOP?
According to the Software industry distribution chart, Study King Co ranks #733 out of 2886 companies for ROA %. This puts Study King Co in the upper half of its industry. The industry median ROA % is 1.68. Study King Co's value of 9.81% is 483.9% above this benchmark. Historically, Study King Co's own ROA % has ranged from 0.03 to 14.57 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 1.68, Study King 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 Software company?
The median ROA % among Software companies is 1.68, based on 2,886 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. Study King Co's current ROA % of 9.81% is 483.9% 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 Study King Co and its competitors. For the Software industry, the median ROA % is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Study King Co's current ROA % is 9.81%, which is 40% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Study King Co stock overvalued right now?
Based on GuruFocus' analysis, Study King Co (ROCO:6780) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.15, compared to a current price of NT$40.00 — trading 108.9% above its estimated fair value. The current ROA % is 9.81%, which is 40% above median its 10-year median of 7.00 and 483.9% above the Software industry median of 1.68. Study King Co's overall GF Score™ is 75/100 with 4 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 Study King Co (ROCO:6780), the current ROA % is 9.81% 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 Study King Co (ROCO:6780) Overvalued in 2026?

Based on GuruFocus' analysis, Study King Co stock appears to be overvalued. The current stock price of NT$40.00 is trading 108.9% above its estimated GF Value™ of NT$19.15. GuruFocus considers Study King Co to be Significantly Overvalued.

Key valuation signals for ROCO:6780:

  • ROA %: 9.81% (40% above median its 10-year median of 7.00)
  • GF Value™: NT$19.15 vs. price of NT$40.00 (108.9% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 483.9% above the Software median (#733 of 2886)

No single metric tells the full story. See the ROCO:6780 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Study King Co Business Description

Address 250 Section 2 Wenhua Road, 3d Floor, Banqiao District, New Taipei, TWN, 22044
Study King Co Ltd is engaged in the digital learning business. It offers smart learning systems which provides teacher lecturing, intelligent puzzle solving, weaker guidance, learning record review, and other services.
75GF Score

Get the complete analysis for ROCO:6780

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

NT$40.00
Price
NT$19.15
GF Value