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Wah Hong IndustrialROCO:8240 -2.11%61 ROA % is 3.54% as of Dec. 2025, which is 39% above its 10-year median of 2.54. GuruFocus rates ROCO:8240 with a GF Score™ of 61/100 and a GF Value™ of NT$32.56 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,503 Hardware companies, Wah Hong Industrial ranks better than 54.81% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Wah Hong Industrial's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$258 Mil.
Wah Hong Industrial's average Total Assets over the quarter that ended in Dec. 2025 was NT$7,286 Mil. Therefore, Wah Hong Industrial's annualized ROA % for the quarter that ended in Dec. 2025 was 3.54%.
The historical rank and industry rank for Wah Hong Industrial's ROA % or its related term are showing as below:
ROCO:8240'
s ROA % Range Over the Past 10 Years
Min: -7.43 Med: 2.54 Max: 4.7
Current: 2.96
During the past 13 years, Wah Hong Industrial's highest ROA % was 4.70%. The lowest was -7.43%. And the median was 2.54%.
ROCO:8240's ROA % is ranked better than 54.81% of 2503
companies
in the Hardware industry
Industry Median: 2.28
vs ROCO:8240: 2.96
Wah Hong Industrial (ROCO:8240) 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.
Wah Hong Industrial ROA % Related Terms
Wah Hong Industrial ROA % Historical Data
* Premium members only.
The historical data trend for Wah Hong Industrial'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.
For the Electronic Components subindustry, Wah Hong Industrial'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.
Wah Hong Industrial ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Wah Hong Industrial's ROA % distribution charts can be found below:
* The bar in red indicates where Wah Hong Industrial'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.
Wah Hong Industrial (ROCO:8240) has a ROA % of 3.54% 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 Wah Hong Industrial and its competitors. This is 39% above median its historical median of 2.54. According to the industry distribution chart, Wah Hong Industrial ranks #1131 out of 2503 companies in the Hardware industry, placing it in the top 45.2%.
Is Wah Hong Industrial's ROA % too high?
Wah Hong Industrial's current ROA % of 3.54% is 39% above median its 10-year median of 2.54. The Hardware industry median ROA % is 2.28. Wah Hong Industrial's value of 3.54% is 55.3% above this industry median. Based on the distribution chart, Wah Hong Industrial ranks #1131 out of 2503 companies in the Hardware industry, which is above the industry midpoint. Overall, Wah Hong Industrial has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wah Hong Industrial's ROA % compare to APH and GLW?
According to the Hardware industry distribution chart, Wah Hong Industrial ranks #1131 out of 2503 companies for ROA %. This puts Wah Hong Industrial in the upper half of its industry. The industry median ROA % is 2.28. Wah Hong Industrial's value of 3.54% is 55.3% above this benchmark. While the company's 10-year median is 2.54 vs. the industry median of 2.28, Wah Hong Industrial 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. Wah Hong Industrial's current ROA % of 3.54% is 55.3% 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 Wah Hong Industrial 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. Wah Hong Industrial's current ROA % is 3.54%, which is 39% above median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wah Hong Industrial stock overvalued right now?
Based on GuruFocus' analysis, Wah Hong Industrial (ROCO:8240) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$32.56, compared to a current price of NT$46.30 — trading 42.2% above its estimated fair value. The current ROA % is 3.54%, which is 39% above median its 10-year median of 2.54 and 55.3% above the Hardware industry median of 2.28. Wah Hong Industrial's overall GF Score™ is 61/100 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 Wah Hong Industrial (ROCO:8240), the current ROA % is 3.54% 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 Wah Hong Industrial (ROCO:8240) Overvalued in 2026?
Based on GuruFocus' analysis, Wah Hong Industrial stock appears to be overvalued.
The current stock price of NT$46.30 is trading 42.2% above its estimated GF Value™ of NT$32.56.
GuruFocus considers Wah Hong Industrial to be Significantly Overvalued.
Key valuation signals for ROCO:8240:
ROA %: 3.54% (39% above median its 10-year median of 2.54)
GF Value™: NT$32.56 vs. price of NT$46.30 (42.2% above fair value)
Industry Position: 55.3% above the Hardware median (#1131 of 2503)
No single metric tells the full story. See the ROCO:8240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wah Hong Industrial Corp is engaged in the manufacturing and trading of materials of LCD (Diffusion, Reflection films etc.), materials of Bulk Molding Compounds (BMC) and Molding products etc. Its segments include Wah Hong Industrial Corporation (Taiwan), Wah Hong International Ltd., Sun Hong and Xiamen Guang Hong (South China), and Wah Hong Technology Ltd., SIP Chang Hong, SIP Chang Jun, Ningbo Changhong, Qingdao Changhong, Chang Hong (HK), Ningbo Changli, Smart Succeed Ltd., Granite International Ltd., Allied Royal LLC., Suzhou Alliance and Best Honor Inc. (Eastern China). It derives the majority of revenue from Eastern China segment.
61GF Score
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