Universal CementTPE:1104 -0.56%83 ROA % is 6.85% as of Dec. 2025, which is 24% above its 10-year median of 5.52. GuruFocus rates TPE:1104 with a GF Score™ of 83/100 and a GF Value™ of NT$30.36 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 411 Building Materials companies, Universal Cement ranks better than 74.7% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Universal Cement's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$2,079 Mil.
Universal Cement's average Total Assets over the quarter that ended in Dec. 2025 was NT$30,355 Mil. Therefore, Universal Cement's annualized ROA % for the quarter that ended in Dec. 2025 was 6.85%.
The historical rank and industry rank for Universal Cement's ROA % or its related term are showing as below:
TPE:1104'
s ROA % Range Over the Past 10 Years
Min: 4.42 Med: 5.52 Max: 8.44
Current: 5.88
During the past 13 years, Universal Cement's highest ROA % was 8.44%. The lowest was 4.42%. And the median was 5.52%.
TPE:1104's ROA % is ranked better than 74.7% of 411
companies
in the Building Materials industry
Industry Median: 2.35
vs TPE:1104: 5.88
Universal Cement (TPE:1104) 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.
Universal Cement ROA % Related Terms
Universal Cement ROA % Historical Data
* Premium members only.
The historical data trend for Universal Cement'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 Building Materials subindustry, Universal Cement'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.
Universal Cement ROA % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Universal Cement's ROA % distribution charts can be found below:
* The bar in red indicates where Universal Cement'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.
Universal Cement (TPE:1104) has a ROA % of 6.85% 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 Universal Cement and its competitors. This is 24% above median its historical median of 5.52. Over the past decade, Universal Cement's ROA % has ranged from 4.42 to 8.44. According to the industry distribution chart, Universal Cement ranks #104 out of 411 companies in the Building Materials industry, placing it in the top 25.3%.
Is Universal Cement's ROA % too high?
Universal Cement's current ROA % of 6.85% is 24% above median its 10-year median of 5.52. Over the past 10 years, this metric has ranged from a low of 4.42 to a high of 8.44. The Building Materials industry median ROA % is 2.35. Universal Cement's value of 6.85% is 191.5% above this industry median. Based on the distribution chart, Universal Cement ranks #104 out of 411 companies in the Building Materials industry, which is above the industry midpoint. Overall, Universal Cement has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Universal Cement's ROA % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Universal Cement ranks #104 out of 411 companies for ROA %. This puts Universal Cement in the upper half of its industry. The industry median ROA % is 2.35. Universal Cement's value of 6.85% is 191.5% above this benchmark. Historically, Universal Cement's own ROA % has ranged from 4.42 to 8.44 over the past decade. While the company's 10-year median is 5.52 vs. the industry median of 2.35, Universal Cement 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 Building Materials company?
The median ROA % among Building Materials companies is 2.35, based on 411 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. Universal Cement's current ROA % of 6.85% is 191.5% 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 Universal Cement and its competitors. For the Building Materials industry, the median ROA % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Cement's current ROA % is 6.85%, which is 24% above median its own 10-year median of 5.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Cement stock overvalued right now?
Based on GuruFocus' analysis, Universal Cement (TPE:1104) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$30.36, compared to a current price of NT$26.55 — trading 12.5% below its estimated fair value. The current ROA % is 6.85%, which is 24% above median its 10-year median of 5.52 and 191.5% above the Building Materials industry median of 2.35. Universal Cement's overall GF Score™ is 83/100 with 2 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 Universal Cement (TPE:1104), the current ROA % is 6.85% 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 Universal Cement (TPE:1104) Overvalued in 2026?
Based on GuruFocus' analysis, Universal Cement stock appears to be undervalued.
The current stock price of NT$26.55 is trading 12.5% below its estimated GF Value™ of NT$30.36.
GuruFocus considers Universal Cement to be Modestly Undervalued.
Key valuation signals for TPE:1104:
ROA %: 6.85% (24% above median its 10-year median of 5.52)
GF Value™: NT$30.36 vs. price of NT$26.55 (12.5% below fair value)
Industry Position: 191.5% above the Building Materials median (#104 of 411)
No single metric tells the full story. See the TPE:1104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Universal Cement Corporation is a Taiwan-based company predominantly engaged in manufacturing and selling cement and related construction materials. The company's reportable segments include Building materials and others. The majority of its revenue is generated from the building materials segment which is engaged in manufacturing and selling cement, concrete, and gypsum board. Geographically, key revenue for the company is derived from Taiwan.
83GF Score
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