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Sincere NavigationTPE:2605 -1.26%84 ROA % is 10.51% as of Dec. 2025, which is 405% above its 10-year median of 2.08. GuruFocus rates TPE:2605 with a GF Score™ of 84/100 and a GF Value™ of NT$28.06 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,009 Transportation companies, Sincere Navigation ranks better than 54.41% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sincere Navigation's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$2,250 Mil.
Sincere Navigation's average Total Assets over the quarter that ended in Dec. 2025 was NT$21,399 Mil. Therefore, Sincere Navigation's annualized ROA % for the quarter that ended in Dec. 2025 was 10.51%.
The historical rank and industry rank for Sincere Navigation's ROA % or its related term are showing as below:
TPE:2605'
s ROA % Range Over the Past 10 Years
Min: 0.26 Med: 2.08 Max: 6.9
Current: 3.93
During the past 13 years, Sincere Navigation's highest ROA % was 6.90%. The lowest was 0.26%. And the median was 2.08%.
TPE:2605's ROA % is ranked better than 54.41% of 1009
companies
in the Transportation industry
Industry Median: 3.49
vs TPE:2605: 3.93
Sincere Navigation (TPE:2605) 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.
Sincere Navigation ROA % Related Terms
Sincere Navigation ROA % Historical Data
* Premium members only.
The historical data trend for Sincere Navigation'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 Marine Shipping subindustry, Sincere Navigation'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.
Sincere Navigation ROA % vs Transportation Industry
For the Transportation industry and Industrials sector, Sincere Navigation's ROA % distribution charts can be found below:
* The bar in red indicates where Sincere Navigation'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.
Sincere Navigation (TPE:2605) has a ROA % of 10.51% 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 Sincere Navigation and its competitors. This is 405% above median its historical median of 2.08. Over the past decade, Sincere Navigation's ROA % has ranged from 0.26 to 6.90. According to the industry distribution chart, Sincere Navigation ranks #460 out of 1009 companies in the Transportation industry, placing it in the top 45.6%.
Is Sincere Navigation's ROA % too high?
Sincere Navigation's current ROA % of 10.51% is 405% above median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 6.90. The Transportation industry median ROA % is 3.49. Sincere Navigation's value of 10.51% is 201.1% above this industry median. Based on the distribution chart, Sincere Navigation ranks #460 out of 1009 companies in the Transportation industry, which is above the industry midpoint. Overall, Sincere Navigation has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sincere Navigation's ROA % compare to competitors?
According to the Transportation industry distribution chart, Sincere Navigation ranks #460 out of 1009 companies for ROA %. This puts Sincere Navigation in the upper half of its industry. The industry median ROA % is 3.49. Sincere Navigation's value of 10.51% is 201.1% above this benchmark. Historically, Sincere Navigation's own ROA % has ranged from 0.26 to 6.90 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 3.49, Sincere Navigation 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 Transportation company?
The median ROA % among Transportation companies is 3.49, based on 1,009 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. Sincere Navigation's current ROA % of 10.51% is 201.1% 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 Sincere Navigation and its competitors. For the Transportation industry, the median ROA % is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sincere Navigation's current ROA % is 10.51%, which is 405% above median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sincere Navigation stock overvalued right now?
Based on GuruFocus' analysis, Sincere Navigation (TPE:2605) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$28.06, compared to a current price of NT$31.25 — trading 11.4% above its estimated fair value. The current ROA % is 10.51%, which is 405% above median its 10-year median of 2.08 and 201.1% above the Transportation industry median of 3.49. Sincere Navigation's overall GF Score™ is 84/100 with 7 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 Sincere Navigation (TPE:2605), the current ROA % is 10.51% 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 Sincere Navigation (TPE:2605) Overvalued in 2026?
Based on GuruFocus' analysis, Sincere Navigation stock appears to be overvalued.
The current stock price of NT$31.25 is trading 11.4% above its estimated GF Value™ of NT$28.06.
GuruFocus considers Sincere Navigation to be Modestly Overvalued.
Key valuation signals for TPE:2605:
ROA %: 10.51% (405% above median its 10-year median of 2.08)
GF Value™: NT$28.06 vs. price of NT$31.25 (11.4% above fair value)
Industry Position: 201.1% above the Transportation median (#460 of 1009)
No single metric tells the full story. See the TPE:2605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sincere Navigation Corp is a bulk shipping transportation company in Taiwan. The company's main business line is to provide an integrated shipping solution. It provides a consistent, high-quality transportation service to customers around the world in key industries such as coal and iron ore mining, steel, energy, and paper. It provides tug and barge services. Its segment includes the Bulk carrier and Oil tanker segments. It derives the majority of the revenue from the Bulk carrier segment.
84GF Score
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