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Wave Power TechnologyROCO:6895 -6.30%65 ROA % is 10.20% as of Dec. 2025, which is 5% above its 10-year median of 9.70. GuruFocus rates ROCO:6895 with a GF Score™ of 65/100 and a GF Value™ of NT$301.21 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 3,074 Industrial Products companies, Wave Power Technology ranks better than 87.38% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Wave Power Technology's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$136.3 Mil.
Wave Power Technology's average Total Assets over the quarter that ended in Dec. 2025 was NT$1,336.6 Mil. Therefore, Wave Power Technology's annualized ROA % for the quarter that ended in Dec. 2025 was 10.20%.
The historical rank and industry rank for Wave Power Technology's ROA % or its related term are showing as below:
ROCO:6895'
s ROA % Range Over the Past 10 Years
Min: 2.86 Med: 9.7 Max: 15.94
Current: 9.85
During the past 8 years, Wave Power Technology's highest ROA % was 15.94%. The lowest was 2.86%. And the median was 9.70%.
ROCO:6895's ROA % is ranked better than 87.38% of 3074
companies
in the Industrial Products industry
Industry Median: 3.045
vs ROCO:6895: 9.85
Wave Power Technology (ROCO:6895) 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 Electrical Equipment & Parts subindustry, Wave Power Technology'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.
Wave Power Technology ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Wave Power Technology's ROA % distribution charts can be found below:
* The bar in red indicates where Wave Power Technology'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.
Wave Power Technology (ROCO:6895) has a ROA % of 10.20% 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 Wave Power Technology and its competitors. This is near median its historical median of 9.70. Over the past decade, Wave Power Technology's ROA % has ranged from 2.86 to 15.94. According to the industry distribution chart, Wave Power Technology ranks #388 out of 3074 companies in the Industrial Products industry, placing it in the top 12.6%.
Is Wave Power Technology's ROA % too high?
Wave Power Technology's current ROA % of 10.20% is near median its 10-year median of 9.70. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 15.94. The Industrial Products industry median ROA % is 3.05. Wave Power Technology's value of 10.20% is 235% above this industry median. Based on the distribution chart, Wave Power Technology ranks #388 out of 3074 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Wave Power Technology has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wave Power Technology's ROA % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Wave Power Technology ranks #388 out of 3074 companies for ROA %. This places Wave Power Technology in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 3.05. Wave Power Technology's value of 10.20% is 235% above this benchmark. Historically, Wave Power Technology's own ROA % has ranged from 2.86 to 15.94 over the past decade. While the company's 10-year median is 9.70 vs. the industry median of 3.05, Wave Power Technology 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 an Industrial Products company?
The median ROA % among Industrial Products companies is 3.05, based on 3,074 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. Wave Power Technology's current ROA % of 10.20% is 235% 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 Wave Power Technology and its competitors. For the Industrial Products industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wave Power Technology's current ROA % is 10.20%, which is near median its own 10-year median of 9.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Power Technology stock overvalued right now?
Based on GuruFocus' analysis, Wave Power Technology (ROCO:6895) is currently considered Possible Value Trap. The stock's GF Value™ is NT$301.21, compared to a current price of NT$126.50 — trading 58% below its estimated fair value. The current ROA % is 10.20%, which is near median its 10-year median of 9.70 and 235% above the Industrial Products industry median of 3.05. Wave Power Technology's overall GF Score™ is 65/100 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 Wave Power Technology (ROCO:6895), the current ROA % is 10.20% 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 Wave Power Technology (ROCO:6895) Overvalued in 2026?
Based on GuruFocus' analysis, Wave Power Technology stock appears to be undervalued.
The current stock price of NT$126.50 is trading 58% below its estimated GF Value™ of NT$301.21.
GuruFocus considers Wave Power Technology to be Possible Value Trap.
Key valuation signals for ROCO:6895:
ROA %: 10.20% (near median its 10-year median of 9.70)
GF Value™: NT$301.21 vs. price of NT$126.50 (58% below fair value)
Industry Position: 235% above the Industrial Products median (#388 of 3074)
No single metric tells the full story. See the ROCO:6895 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wave Power Technology Inc manufactures and distributes electrical power equipment. Its products are based on proprietary 4-H technology associated with high power, frequency, voltage, and vacuum. Its product portfolio comprises of Microwave Generator, Industrial Magnetron, Variable Capacitor, Feedthrough, Vacuum View Port, High-voltage Break-off Section, Magnet, Heater, and Hermetic Sealing.
65GF Score
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