Wistron (TPE:3231) ROA %: 3.17% (As of Dec. 2025) — 40% Above Median


TPE:3231 Wistron Corp TPE:3231
86 GF Score
Price NT$153.00
GF Value NT$231.70
Valuation Possible Value Trap
! 5 Warning Signs
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What is Wistron ROA %?

Wistron TPE:3231 -4.38% 86 ROA % is 3.17% as of Dec. 2025, which is 40% above its 10-year median of 2.26. GuruFocus rates TPE:3231 with a GF Score™ of 86/100 and a GF Value™ of NT$231.70 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,498 Hardware companies, Wistron ranks better than 57.25% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Wistron's annualized Net Income for the quarter that ended in Dec. 2025 was NT$32,666 Mil. Wistron's average Total Assets over the quarter that ended in Dec. 2025 was NT$1,029,098 Mil. Therefore, Wistron's annualized ROA % for the quarter that ended in Dec. 2025 was 3.17%.

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

TPE:3231' s ROA % Range Over the Past 10 Years
Min: 1.03   Med: 2.26   Max: 3.35
Current: 3.25

During the past 13 years, Wistron's highest ROA % was 3.35%. The lowest was 1.03%. And the median was 2.26%.

TPE:3231's ROA % is ranked better than
57.25% of 2498 companies
in the Hardware industry
Industry Median: 2.27 vs TPE:3231: 3.25

Wistron  (TPE:3231) 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
=32666.04/1029098.051
=(Net Income / Revenue)*(Revenue / Total Assets)
=(32666.04 / 2883763.332)*(2883763.332 / 1029098.051)
=Net Margin %*Asset Turnover
=1.13 %*2.8022
=3.17 %

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.


Wistron ROA % Related Terms


Wistron ROA % Historical Data

* Premium members only.

The historical data trend for Wistron'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.

Wistron ROA % Chart

Wistron 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 2.26 2.40 2.59 3.35 3.25

Wistron 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 3.71 3.35 3.30 3.20 3.17

TPE:3231 vs DELL, SNDK, ANET: ROA % Comparison

For the Computer Hardware subindustry, Wistron'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.


Wistron ROA % vs Hardware Industry

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

* The bar in red indicates where Wistron's ROA % falls into.


TPE:3231
86GF Score
Wistron Corp TPE:3231
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wistron ROA % Calculation

Wistron'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 )
=27408.097/( (589840.698+1097726.177)/ 2 )
=27408.097/843783.4375
=3.25 %

Wistron'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 )
=32666.04/( (960469.925+1097726.177)/ 2 )
=32666.04/1029098.051
=3.17 %

* 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 3.17% mean?
Wistron (TPE:3231) has a ROA % of 3.17% 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 Wistron and its competitors. This is 40% above median its historical median of 2.26. Over the past decade, Wistron's ROA % has ranged from 1.03 to 3.35. According to the industry distribution chart, Wistron ranks #1068 out of 2498 companies in the Hardware industry, placing it in the top 42.8%.
Is Wistron's ROA % too high?
Wistron's current ROA % of 3.17% is 40% above median its 10-year median of 2.26. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 3.35. The Hardware industry median ROA % is 2.27. Wistron's value of 3.17% is 39.6% above this industry median. Based on the distribution chart, Wistron ranks #1068 out of 2498 companies in the Hardware industry, which is above the industry midpoint. Overall, Wistron has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wistron's ROA % compare to DELL and SNDK?
According to the Hardware industry distribution chart, Wistron ranks #1068 out of 2498 companies for ROA %. This puts Wistron in the upper half of its industry. The industry median ROA % is 2.27. Wistron's value of 3.17% is 39.6% above this benchmark. Historically, Wistron's own ROA % has ranged from 1.03 to 3.35 over the past decade. While the company's 10-year median is 2.26 vs. the industry median of 2.27, Wistron 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 2,498 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. Wistron's current ROA % of 3.17% is 39.6% 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 Wistron 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. Wistron's current ROA % is 3.17%, which is 40% above median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wistron stock overvalued right now?
Based on GuruFocus' analysis, Wistron (TPE:3231) is currently considered Possible Value Trap. The stock's GF Value™ is NT$231.70, compared to a current price of NT$153.00 — trading 34% below its estimated fair value. The current ROA % is 3.17%, which is 40% above median its 10-year median of 2.26 and 39.6% above the Hardware industry median of 2.27. Wistron's overall GF Score™ is 86/100 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 Wistron (TPE:3231), the current ROA % is 3.17% 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 Wistron (TPE:3231) Overvalued in 2026?

Based on GuruFocus' analysis, Wistron stock appears to be undervalued. The current stock price of NT$153.00 is trading 34% below its estimated GF Value™ of NT$231.70. GuruFocus considers Wistron to be Possible Value Trap.

Key valuation signals for TPE:3231:

  • ROA %: 3.17% (40% above median its 10-year median of 2.26)
  • GF Value™: NT$231.70 vs. price of NT$153.00 (34% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 39.6% above the Hardware median (#1068 of 2498)

No single metric tells the full story. See the TPE:3231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wistron Business Description

Address No.158, Xinan Road, Neihu District, Hsinchu, TWN, 30076
Wistron Corp is engaged in the research, development, design, manufacturing, testing and sales of the following products and semi- finished products, and their peripheral equipment, parts and components. Company is a technology service provider specializing in the research, development, manufacturing, and after-sales service of ICT (information and communications technology) products. As a key Original Design Manufacturer (ODM), it produces notebooks, desktops, servers, storage systems, smartphones, and networking devices for top brands. It's products include Computing, Enterprise & Cloud, Consumer Electronics & Others. The firm has operations in United states, China and Europe. It derives maximum revenue from United states.
86GF Score

Get the complete analysis for TPE:3231

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

NT$153.00
Price
NT$231.70
GF Value