CMC MagneticsTPE:2323 -4.80%62 ROA % is 18.39% as of Dec. 2025, which is 3244% above its 10-year median of 0.55. GuruFocus rates TPE:2323 with a GF Score™ of 62/100 and a GF Value™ of NT$10.84 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,502 Hardware companies, CMC Magnetics ranks better than 75.78% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. CMC Magnetics's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$5,275 Mil.
CMC Magnetics's average Total Assets over the quarter that ended in Dec. 2025 was NT$28,686 Mil. Therefore, CMC Magnetics's annualized ROA % for the quarter that ended in Dec. 2025 was 18.39%.
The historical rank and industry rank for CMC Magnetics's ROA % or its related term are showing as below:
TPE:2323'
s ROA % Range Over the Past 10 Years
Min: -7.54 Med: 0.55 Max: 7.16
Current: 6.33
During the past 13 years, CMC Magnetics's highest ROA % was 7.16%. The lowest was -7.54%. And the median was 0.55%.
TPE:2323's ROA % is ranked better than 75.78% of 2502
companies
in the Hardware industry
Industry Median: 2.265
vs TPE:2323: 6.33
CMC Magnetics (TPE:2323) 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.
CMC Magnetics ROA % Related Terms
CMC Magnetics ROA % Historical Data
* Premium members only.
The historical data trend for CMC Magnetics'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 Computer Hardware subindustry, CMC Magnetics'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.
CMC Magnetics ROA % vs Hardware Industry
For the Hardware industry and Technology sector, CMC Magnetics's ROA % distribution charts can be found below:
* The bar in red indicates where CMC Magnetics'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.
CMC Magnetics (TPE:2323) has a ROA % of 18.39% 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 CMC Magnetics and its competitors. This is 3244% above median its historical median of 0.55. According to the industry distribution chart, CMC Magnetics ranks #606 out of 2502 companies in the Hardware industry, placing it in the top 24.2%.
Is CMC Magnetics' ROA % too high?
CMC Magnetics' current ROA % of 18.39% is 3244% above median its 10-year median of 0.55. The Hardware industry median ROA % is 2.27. CMC Magnetics' value of 18.39% is 711.9% above this industry median. Based on the distribution chart, CMC Magnetics ranks #606 out of 2502 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, CMC Magnetics has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMC Magnetics' ROA % compare to DELL and SNDK?
According to the Hardware industry distribution chart, CMC Magnetics ranks #606 out of 2502 companies for ROA %. This places CMC Magnetics in the top 24% of its industry — outperforming the majority of peers. The industry median ROA % is 2.27. CMC Magnetics' value of 18.39% is 711.9% above this benchmark. While the company's 10-year median is 0.55 vs. the industry median of 2.27, CMC Magnetics 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 2.27, based on 2,502 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. CMC Magnetics's current ROA % of 18.39% is 711.9% 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 CMC Magnetics and its competitors. For the Hardware industry, the median ROA % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMC Magnetics's current ROA % is 18.39%, which is 3244% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC Magnetics stock overvalued right now?
Based on GuruFocus' analysis, CMC Magnetics (TPE:2323) is currently considered Fairly Valued. The stock's GF Value™ is NT$10.84, compared to a current price of NT$10.90 — trading 0.6% above its estimated fair value. The current ROA % is 18.39%, which is 3244% above median its 10-year median of 0.55 and 711.9% above the Hardware industry median of 2.27. CMC Magnetics' overall GF Score™ is 62/100 with 5 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 CMC Magnetics (TPE:2323), the current ROA % is 18.39% 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 CMC Magnetics (TPE:2323) Overvalued in 2026?
Based on GuruFocus' analysis, CMC Magnetics stock appears to be overvalued.
The current stock price of NT$10.90 is trading 0.6% above its estimated GF Value™ of NT$10.84.
GuruFocus considers CMC Magnetics to be Fairly Valued.
Key valuation signals for TPE:2323:
ROA %: 18.39% (3244% above median its 10-year median of 0.55)
GF Value™: NT$10.84 vs. price of NT$10.90 (0.6% above fair value)
Industry Position: 711.9% above the Hardware median (#606 of 2502)
No single metric tells the full story. See the TPE:2323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMC Magnetics Corp is mainly engaged in the manufacturing and sale of consumer electronic products, including optical discs, as well as the acquisition of film agency rights and the production and distribution of digital discs and Blu-ray discs for sales. Its products include M-disc, CMC Pro, HP CD, and data storage products. Its segments are: the Storage Media segment, which generates the maximum revenue and is engaged in the manufacturing and sale of consumer electronic products, including optical discs; the Other Optoelectronic segment, which manufactures and sells panels; the Investment segment, which invests in various businesses; and the Other Segment. Europe generates the maximum revenue for the Group.
62GF Score
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