ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Twoway Communications's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$81 Mil.
Twoway Communications's average Total Assets over the quarter that ended in Dec. 2025 was NT$2,572 Mil. Therefore, Twoway Communications's annualized ROA % for the quarter that ended in Dec. 2025 was 3.13%.
The historical rank and industry rank for Twoway Communications's ROA % or its related term are showing as below:
TPE:8045'
s ROA % Range Over the Past 10 Years
Min: -1.4 Med: 2.59 Max: 18.31
Current: 2.24
During the past 11 years, Twoway Communications's highest ROA % was 18.31%. The lowest was -1.40%. And the median was 2.59%.
TPE:8045's ROA % is ranked worse than 50.28% of 2496
companies
in the Hardware industry
Industry Median: 2.275
vs TPE:8045: 2.24
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 Communication Equipment subindustry, Twoway Communications'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.
Twoway Communications ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Twoway Communications's ROA % distribution charts can be found below:
* The bar in red indicates where Twoway Communications'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.
Twoway Communications (TPE:8045) has a ROA % of 3.13% 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 Twoway Communications and its competitors. This is 21% above median its historical median of 2.59. According to the industry distribution chart, Twoway Communications ranks #1255 out of 2496 companies in the Hardware industry, placing it in the top 50.3%.
Is Twoway Communications' ROA % too high?
Twoway Communications' current ROA % of 3.13% is 21% above median its 10-year median of 2.59. The Hardware industry median ROA % is 2.28. Twoway Communications' value of 3.13% is 37.6% above this industry median. Based on the distribution chart, Twoway Communications ranks #1255 out of 2496 companies in the Hardware industry, which is below the industry midpoint. Overall, Twoway Communications has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Twoway Communications' ROA % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Twoway Communications ranks #1255 out of 2496 companies for ROA %. This places Twoway Communications in the lower half of its industry. The industry median ROA % is 2.28. Twoway Communications' value of 3.13% is 37.6% above this benchmark. While the company's 10-year median is 2.59 vs. the industry median of 2.28, Twoway Communications 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 2.28, based on 2,496 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. Twoway Communications's current ROA % of 3.13% is 37.6% 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 Twoway Communications and its competitors. For the Hardware industry, the median ROA % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Twoway Communications's current ROA % is 3.13%, which is 21% above median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Twoway Communications stock overvalued right now?
Based on GuruFocus' analysis, Twoway Communications (TPE:8045) is currently considered Fairly Valued. The stock's GF Value™ is NT$58.93, compared to a current price of NT$61.00 — trading 3.5% above its estimated fair value. The current ROA % is 3.13%, which is 21% above median its 10-year median of 2.59 and 37.6% above the Hardware industry median of 2.28. Twoway Communications' overall GF Score™ is 90/100 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 Twoway Communications (TPE:8045), the current ROA % is 3.13% 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 Twoway Communications (TPE:8045) Overvalued in 2026?
Based on GuruFocus' analysis, Twoway Communications stock appears to be overvalued.
The current stock price of NT$61.00 is trading 3.5% above its estimated GF Value™ of NT$58.93.
GuruFocus considers Twoway Communications to be Fairly Valued.
Key valuation signals for TPE:8045:
ROA %: 3.13% (21% above median its 10-year median of 2.59)
GF Value™: NT$58.93 vs. price of NT$61.00 (3.5% above fair value)
Industry Position: 37.6% above the Hardware median (#1255 of 2496)
No single metric tells the full story. See the TPE:8045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Twoway Communications Inc is engaged in manufacturing and trading of communication products including cable TV head-ends, optical transceivers, amplifiers, connectors, and monitoring systems, as well as broadband network system planning, design, and contracting, and the installation of multimedia video equipment. The revenue of operating segments principally is derived from B-broadband internet equipment department, IOT department and department of labour and other services.
90GF Score
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