Emerging Display Technologies (TPE:3038) ROA %: 4.26% (As of Dec. 2025) — 35% Below Median


TPE:3038 Emerging Display Technologies Corp TPE:3038
80 GF Score
Price NT$21.80
GF Value NT$19.12
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Emerging Display Technologies ROA %?

Emerging Display Technologies TPE:3038 -2.24% 80 ROA % is 4.26% as of Dec. 2025, which is 35% below its 10-year median of 6.52. GuruFocus rates TPE:3038 with a GF Score™ of 80/100 and a GF Value™ of NT$19.12 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,502 Hardware companies, Emerging Display Technologies ranks better than 63.11% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Emerging Display Technologies's annualized Net Income for the quarter that ended in Dec. 2025 was NT$165 Mil. Emerging Display Technologies's average Total Assets over the quarter that ended in Dec. 2025 was NT$3,886 Mil. Therefore, Emerging Display Technologies's annualized ROA % for the quarter that ended in Dec. 2025 was 4.26%.

The historical rank and industry rank for Emerging Display Technologies's ROA % or its related term are showing as below:

TPE:3038' s ROA % Range Over the Past 10 Years
Min: 1.55   Med: 6.52   Max: 10.67
Current: 4.25

During the past 13 years, Emerging Display Technologies's highest ROA % was 10.67%. The lowest was 1.55%. And the median was 6.52%.

TPE:3038's ROA % is ranked better than
63.11% of 2502 companies
in the Hardware industry
Industry Median: 2.265 vs TPE:3038: 4.25

Emerging Display Technologies  (TPE:3038) 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
=165.396/3885.8575
=(Net Income / Revenue)*(Revenue / Total Assets)
=(165.396 / 2714.244)*(2714.244 / 3885.8575)
=Net Margin %*Asset Turnover
=6.09 %*0.6985
=4.26 %

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.


Emerging Display Technologies ROA % Related Terms


Emerging Display Technologies ROA % Historical Data

* Premium members only.

The historical data trend for Emerging Display Technologies'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.

Emerging Display Technologies ROA % Chart

Emerging Display Technologies 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 6.59 10.67 9.91 8.07 4.16

Emerging Display Technologies 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 5.30 7.87 -3.67 8.44 4.26

TPE:3038 vs APH, GLW, TEL: ROA % Comparison

For the Electronic Components subindustry, Emerging Display Technologies'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.


Emerging Display Technologies ROA % vs Hardware Industry

For the Hardware industry and Technology sector, Emerging Display Technologies's ROA % distribution charts can be found below:

* The bar in red indicates where Emerging Display Technologies's ROA % falls into.


TPE:3038
80GF Score
Emerging Display Technologies Corp TPE:3038
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Emerging Display Technologies ROA % Calculation

Emerging Display Technologies'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 )
=163.315/( (3968.854+3887.979)/ 2 )
=163.315/3928.4165
=4.16 %

Emerging Display Technologies'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 )
=165.396/( (3883.736+3887.979)/ 2 )
=165.396/3885.8575
=4.26 %

* 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 4.26% mean?
Emerging Display Technologies (TPE:3038) has a ROA % of 4.26% 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 Emerging Display Technologies and its competitors. This is 35% below median its historical median of 6.52. Over the past decade, Emerging Display Technologies' ROA % has ranged from 1.55 to 10.67. According to the industry distribution chart, Emerging Display Technologies ranks #923 out of 2502 companies in the Hardware industry, placing it in the top 36.9%.
Is Emerging Display Technologies' ROA % too high?
Emerging Display Technologies' current ROA % of 4.26% is 35% below median its 10-year median of 6.52. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 10.67. The Hardware industry median ROA % is 2.27. Emerging Display Technologies' value of 4.26% is 88.1% above this industry median. Based on the distribution chart, Emerging Display Technologies ranks #923 out of 2502 companies in the Hardware industry, which is above the industry midpoint. Overall, Emerging Display Technologies has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emerging Display Technologies' ROA % compare to APH and GLW?
According to the Hardware industry distribution chart, Emerging Display Technologies ranks #923 out of 2502 companies for ROA %. This puts Emerging Display Technologies in the upper half of its industry. The industry median ROA % is 2.27. Emerging Display Technologies' value of 4.26% is 88.1% above this benchmark. Historically, Emerging Display Technologies' own ROA % has ranged from 1.55 to 10.67 over the past decade. While the company's 10-year median is 6.52 vs. the industry median of 2.27, Emerging Display Technologies 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. Emerging Display Technologies's current ROA % of 4.26% is 88.1% 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 Emerging Display Technologies 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. Emerging Display Technologies's current ROA % is 4.26%, which is 35% below median its own 10-year median of 6.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerging Display Technologies stock overvalued right now?
Based on GuruFocus' analysis, Emerging Display Technologies (TPE:3038) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$19.12, compared to a current price of NT$21.80 — trading 14% above its estimated fair value. The current ROA % is 4.26%, which is 35% below median its 10-year median of 6.52 and 88.1% above the Hardware industry median of 2.27. Emerging Display Technologies' overall GF Score™ is 80/100 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 Emerging Display Technologies (TPE:3038), the current ROA % is 4.26% 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 Emerging Display Technologies (TPE:3038) Overvalued in 2026?

Based on GuruFocus' analysis, Emerging Display Technologies stock appears to be overvalued. The current stock price of NT$21.80 is trading 14% above its estimated GF Value™ of NT$19.12. GuruFocus considers Emerging Display Technologies to be Modestly Overvalued.

Key valuation signals for TPE:3038:

  • ROA %: 4.26% (35% below median its 10-year median of 6.52)
  • GF Value™: NT$19.12 vs. price of NT$21.80 (14% above fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 88.1% above the Hardware median (#923 of 2502)

No single metric tells the full story. See the TPE:3038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Emerging Display Technologies Business Description

Address No. 5, Central 1st Road, Qianzhen District, Kaohsiung, TWN
Emerging Display Technologies Corp is engaged in manufacturing and selling Capacity Touch Panels and Liquid Crystal Displays (LCDs). Its operating segments include the Domestic segment, the North America segment, and the Mainland China segment. The Domestic segment engages in designing, manufacturing, and selling liquid crystal display modules and capacitive touch panels. The North America segment mainly expands the North American trading business and deals with the sale of liquid crystal displays provided by the domestic segment. The Mainland China segment engages in the manufacture of processing raw materials and supplies provided by the domestic segment. Geographically, the company derives key revenue from Europe and the rest from America, and other regions.
80GF Score

Get the complete analysis for TPE:3038

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

NT$21.80
Price
NT$19.12
GF Value