Nankang Rubber Tire (TPE:2101) ROA %: 8.50% (As of Dec. 2025) — 288% Above Median


TPE:2101 Nankang Rubber Tire Corp Ltd TPE:2101
63 GF Score
Price NT$34.00
GF Value NT$44.74
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Nankang Rubber Tire ROA %?

Nankang Rubber Tire TPE:2101 63 ROA % is 8.50% as of Dec. 2025, which is 288% above its 10-year median of 2.19. GuruFocus rates TPE:2101 with a GF Score™ of 63/100 and a GF Value™ of NT$44.74 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Nankang Rubber Tire ranks worse than 61.49% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nankang Rubber Tire's annualized Net Income for the quarter that ended in Dec. 2025 was NT$4,460 Mil. Nankang Rubber Tire's average Total Assets over the quarter that ended in Dec. 2025 was NT$52,446 Mil. Therefore, Nankang Rubber Tire's annualized ROA % for the quarter that ended in Dec. 2025 was 8.50%.

The historical rank and industry rank for Nankang Rubber Tire's ROA % or its related term are showing as below:

TPE:2101' s ROA % Range Over the Past 10 Years
Min: -2.74   Med: 2.19   Max: 6.87
Current: 1.71

During the past 13 years, Nankang Rubber Tire's highest ROA % was 6.87%. The lowest was -2.74%. And the median was 2.19%.

TPE:2101's ROA % is ranked worse than
61.49% of 1332 companies
in the Vehicles & Parts industry
Industry Median: 2.95 vs TPE:2101: 1.71

Nankang Rubber Tire  (TPE:2101) 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
=4460.452/52445.706
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4460.452 / 6946.6)*(6946.6 / 52445.706)
=Net Margin %*Asset Turnover
=64.21 %*0.1325
=8.50 %

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.


Nankang Rubber Tire ROA % Related Terms


Nankang Rubber Tire ROA % Historical Data

* Premium members only.

The historical data trend for Nankang Rubber Tire'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.

Nankang Rubber Tire ROA % Chart

Nankang Rubber Tire Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.70 -2.74 0.34 6.87 1.65

Nankang Rubber Tire Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.84 -0.79 -2.67 0.66 8.50

TPE:2101 vs ORLY, AZO: ROA % Comparison

For the Auto Parts subindustry, Nankang Rubber Tire'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.


Nankang Rubber Tire ROA % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nankang Rubber Tire's ROA % distribution charts can be found below:

* The bar in red indicates where Nankang Rubber Tire's ROA % falls into.


TPE:2101
63GF Score
Nankang Rubber Tire Corp Ltd TPE:2101
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nankang Rubber Tire ROA % Calculation

Nankang Rubber Tire'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 )
=809.784/( (44138.273+54280.247)/ 2 )
=809.784/49209.26
=1.65 %

Nankang Rubber Tire's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=4460.452/( (50611.165+54280.247)/ 2 )
=4460.452/52445.706
=8.50 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 8.50% mean?
Nankang Rubber Tire (TPE:2101) has a ROA % of 8.50% 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 Nankang Rubber Tire and its competitors. This is 288% above median its historical median of 2.19. According to the industry distribution chart, Nankang Rubber Tire ranks #819 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 61.5%.
Is Nankang Rubber Tire's ROA % too high?
Nankang Rubber Tire's current ROA % of 8.50% is 288% above median its 10-year median of 2.19. The Vehicles & Parts industry median ROA % is 2.95. Nankang Rubber Tire's value of 8.50% is 188.1% above this industry median. Based on the distribution chart, Nankang Rubber Tire ranks #819 out of 1332 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Nankang Rubber Tire has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nankang Rubber Tire's ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nankang Rubber Tire ranks #819 out of 1332 companies for ROA %. This places Nankang Rubber Tire in the lower half of its industry. The industry median ROA % is 2.95. Nankang Rubber Tire's value of 8.50% is 188.1% above this benchmark. While the company's 10-year median is 2.19 vs. the industry median of 2.95, Nankang Rubber Tire 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 Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 2.95, based on 1,332 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. Nankang Rubber Tire's current ROA % of 8.50% is 188.1% 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 Nankang Rubber Tire and its competitors. For the Vehicles & Parts industry, the median ROA % is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nankang Rubber Tire's current ROA % is 8.50%, which is 288% above median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nankang Rubber Tire stock overvalued right now?
Based on GuruFocus' analysis, Nankang Rubber Tire (TPE:2101) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$44.74, compared to a current price of NT$34.00 — trading 24% below its estimated fair value. The current ROA % is 8.50%, which is 288% above median its 10-year median of 2.19 and 188.1% above the Vehicles & Parts industry median of 2.95. Nankang Rubber Tire's overall GF Score™ is 63/100 with 9 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 Nankang Rubber Tire (TPE:2101), the current ROA % is 8.50% 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 Nankang Rubber Tire (TPE:2101) Overvalued in 2026?

Based on GuruFocus' analysis, Nankang Rubber Tire stock appears to be undervalued. The current stock price of NT$34.00 is trading 24% below its estimated GF Value™ of NT$44.74. GuruFocus considers Nankang Rubber Tire to be Modestly Undervalued.

Key valuation signals for TPE:2101:

  • ROA %: 8.50% (288% above median its 10-year median of 2.19)
  • GF Value™: NT$44.74 vs. price of NT$34.00 (24% below fair value)
  • GF Score™: 63/100 with 9 warning signs
  • Industry Position: 188.1% above the Vehicles & Parts median (#819 of 1332)

No single metric tells the full story. See the TPE:2101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nankang Rubber Tire Business Description

Address Jen Ai Road, Suite 608, Floor 6, Number. 136, Sec. 3, Taipei, TWN
Nankang Rubber Tire Corp Ltd manufactures and sells tires and rubber supplies. The products offered by the company include Motorsport, sedan series, suv & 4x4, snow series, all-season tire series, light truck series, truck/trailer series, and two-wheel series. The reportable segments of the company are: Tire - Taiwan, Tire - China, Construction Department, and others. The segments of the company include: Tire-Taiwan, Tire-China, Construction, Department and Other. It derives maximum revenue from Tire-Taiwan segment. Its geographical segments are Taiwan, the United States, Europe, Other regions in Asia, and Others. The company derives maximum revenue from Europe.
63GF Score

Get the complete analysis for TPE:2101

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

NT$34.00
Price
NT$44.74
GF Value