ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Horng Shiue Holding Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$369 Mil.
Horng Shiue Holding Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$3,305 Mil. Therefore, Horng Shiue Holding Co's annualized ROA % for the quarter that ended in Dec. 2025 was 11.16%.
The historical rank and industry rank for Horng Shiue Holding Co's ROA % or its related term are showing as below:
TPE:2243'
s ROA % Range Over the Past 10 Years
Min: -7.91 Med: -0.82 Max: 3.07
Current: 2.63
During the past 12 years, Horng Shiue Holding Co's highest ROA % was 3.07%. The lowest was -7.91%. And the median was -0.82%.
TPE:2243's ROA % is ranked worse than 52.13% of 1335
companies
in the Vehicles & Parts industry
Industry Median: 2.95
vs TPE:2243: 2.63
Horng Shiue Holding Co (TPE:2243) 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 Auto Parts subindustry, Horng Shiue Holding 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.
Horng Shiue Holding Co ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Horng Shiue Holding Co's ROA % distribution charts can be found below:
* The bar in red indicates where Horng Shiue Holding Co'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.
Horng Shiue Holding Co (TPE:2243) has a ROA % of 11.16% 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 Horng Shiue Holding Co and its competitors. According to the industry distribution chart, Horng Shiue Holding Co ranks #696 out of 1335 companies in the Vehicles & Parts industry, placing it in the top 52.1%.
Is Horng Shiue Holding Co's ROA % too high?
Horng Shiue Holding Co's current ROA % is 11.16%. The Vehicles & Parts industry median ROA % is 2.95. Horng Shiue Holding Co's value of 11.16% is 278.3% above this industry median. Based on the distribution chart, Horng Shiue Holding Co ranks #696 out of 1335 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Horng Shiue Holding Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horng Shiue Holding Co's ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Horng Shiue Holding Co ranks #696 out of 1335 companies for ROA %. This places Horng Shiue Holding Co in the lower half of its industry. The industry median ROA % is 2.95. Horng Shiue Holding Co's value of 11.16% is 278.3% above this benchmark. 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 1,335 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. Horng Shiue Holding Co's current ROA % of 11.16% is 278.3% 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 Horng Shiue Holding Co 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. Horng Shiue Holding Co's current ROA % is 11.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horng Shiue Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Horng Shiue Holding Co (TPE:2243) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$13.74, compared to a current price of NT$53.00 — trading 285.7% above its estimated fair value. The current ROA % is 11.16% and 278.3% above the Vehicles & Parts industry median of 2.95. Horng Shiue Holding Co's overall GF Score™ is 51/100 with 11 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 Horng Shiue Holding Co (TPE:2243), the current ROA % is 11.16% 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 Horng Shiue Holding Co (TPE:2243) Overvalued in 2026?
Based on GuruFocus' analysis, Horng Shiue Holding Co stock appears to be overvalued.
The current stock price of NT$53.00 is trading 285.7% above its estimated GF Value™ of NT$13.74.
GuruFocus considers Horng Shiue Holding Co to be Significantly Overvalued.
Key valuation signals for TPE:2243:
ROA %: 11.16%
GF Value™: NT$13.74 vs. price of NT$53.00 (285.7% above fair value)
Industry Position: 278.3% above the Vehicles & Parts median (#696 of 1335)
No single metric tells the full story. See the TPE:2243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horng Shiue Holding Co Ltd isengaged in the manufacture, processing and trading of automotive sheet metal stamping die and gauge and providing after sales services, such as technique consulting. The Company's revenue is derived from automotive sheet metal stamping die sold by the assembly plant and stamping factory.
51GF Score
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