ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Novatek Microelectronics's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$14,759 Mil.
Novatek Microelectronics's average Total Assets over the quarter that ended in Dec. 2025 was NT$95,716 Mil. Therefore, Novatek Microelectronics's annualized ROA % for the quarter that ended in Dec. 2025 was 15.42%.
The historical rank and industry rank for Novatek Microelectronics's ROA % or its related term are showing as below:
TPE:3034'
s ROA % Range Over the Past 10 Years
Min: 12.11 Med: 18.19 Max: 43.5
Current: 16.04
During the past 13 years, Novatek Microelectronics's highest ROA % was 43.50%. The lowest was 12.11%. And the median was 18.19%.
TPE:3034's ROA % is ranked better than 91.33% of 1026
companies
in the Semiconductors industry
Industry Median: 2.45
vs TPE:3034: 16.04
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 Semiconductors subindustry, Novatek Microelectronics'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.
Novatek Microelectronics ROA % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Novatek Microelectronics's ROA % distribution charts can be found below:
* The bar in red indicates where Novatek Microelectronics'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.
Novatek Microelectronics (TPE:3034) has a ROA % of 15.42% 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 Novatek Microelectronics and its competitors. This is 15% below median its historical median of 18.19. Over the past decade, Novatek Microelectronics' ROA % has ranged from 12.11 to 43.50. According to the industry distribution chart, Novatek Microelectronics ranks #89 out of 1026 companies in the Semiconductors industry, placing it in the top 8.7%.
Is Novatek Microelectronics' ROA % too high?
Novatek Microelectronics' current ROA % of 15.42% is 15% below median its 10-year median of 18.19. Over the past 10 years, this metric has ranged from a low of 12.11 to a high of 43.50. The Semiconductors industry median ROA % is 2.45. Novatek Microelectronics' value of 15.42% is 529.4% above this industry median. Based on the distribution chart, Novatek Microelectronics ranks #89 out of 1026 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Novatek Microelectronics has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Novatek Microelectronics' ROA % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Novatek Microelectronics ranks #89 out of 1026 companies for ROA %. This places Novatek Microelectronics in the top 9% of its industry — outperforming the majority of peers. The industry median ROA % is 2.45. Novatek Microelectronics' value of 15.42% is 529.4% above this benchmark. Historically, Novatek Microelectronics' own ROA % has ranged from 12.11 to 43.50 over the past decade. While the company's 10-year median is 18.19 vs. the industry median of 2.45, Novatek Microelectronics 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 Semiconductors company?
The median ROA % among Semiconductors companies is 2.45, based on 1,026 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. Novatek Microelectronics's current ROA % of 15.42% is 529.4% 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 Novatek Microelectronics and its competitors. For the Semiconductors industry, the median ROA % is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novatek Microelectronics's current ROA % is 15.42%, which is 15% below median its own 10-year median of 18.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novatek Microelectronics stock overvalued right now?
Based on GuruFocus' analysis, Novatek Microelectronics (TPE:3034) is currently considered Fairly Valued. The stock's GF Value™ is NT$485.91, compared to a current price of NT$509.00 — trading 4.8% above its estimated fair value. The current ROA % is 15.42%, which is 15% below median its 10-year median of 18.19 and 529.4% above the Semiconductors industry median of 2.45. Novatek Microelectronics' overall GF Score™ is 93/100 with 8 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 Novatek Microelectronics (TPE:3034), the current ROA % is 15.42% 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 Novatek Microelectronics (TPE:3034) Overvalued in 2026?
Based on GuruFocus' analysis, Novatek Microelectronics stock appears to be overvalued.
The current stock price of NT$509.00 is trading 4.8% above its estimated GF Value™ of NT$485.91.
GuruFocus considers Novatek Microelectronics to be Fairly Valued.
Key valuation signals for TPE:3034:
ROA %: 15.42% (15% below median its 10-year median of 18.19)
GF Value™: NT$485.91 vs. price of NT$509.00 (4.8% above fair value)
Industry Position: 529.4% above the Semiconductors median (#89 of 1026)
No single metric tells the full story. See the TPE:3034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novatek Microelectronics Corp is mainly engaged in researching, developing, manufacturing and sales of integrated circuit chips speech, communication, computer peripheral, LCD driver IC system, embedded MCU, DSP and system. Its products include Large-sized driver IC, Medium-sized driver IC, and Small-sized driver IC. The revenue of the company comes from flat panel display and integrated circuit design products.
93GF Score
Get the complete analysis for TPE:3034
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:3034 has been successfully added to your 
