Taiwan CogenerationTPE:8926 -2.43%75 ROA % is 5.57% as of Dec. 2025, which is 12% above its 10-year median of 4.99. GuruFocus rates TPE:8926 with a GF Score™ of 75/100 and a GF Value™ of NT$43.28 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,777 Construction companies, Taiwan Cogeneration ranks better than 73.49% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Taiwan Cogeneration's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$1,709 Mil.
Taiwan Cogeneration's average Total Assets over the quarter that ended in Dec. 2025 was NT$30,666 Mil. Therefore, Taiwan Cogeneration's annualized ROA % for the quarter that ended in Dec. 2025 was 5.57%.
The historical rank and industry rank for Taiwan Cogeneration's ROA % or its related term are showing as below:
TPE:8926'
s ROA % Range Over the Past 10 Years
Min: 3.7 Med: 4.99 Max: 6.42
Current: 6.2
During the past 13 years, Taiwan Cogeneration's highest ROA % was 6.42%. The lowest was 3.70%. And the median was 4.99%.
TPE:8926's ROA % is ranked better than 73.49% of 1777
companies
in the Construction industry
Industry Median: 2.79
vs TPE:8926: 6.20
Taiwan Cogeneration (TPE:8926) 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.
Taiwan Cogeneration ROA % Related Terms
Taiwan Cogeneration ROA % Historical Data
* Premium members only.
The historical data trend for Taiwan Cogeneration'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 Engineering & Construction subindustry, Taiwan Cogeneration'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.
Taiwan Cogeneration ROA % vs Construction Industry
For the Construction industry and Industrials sector, Taiwan Cogeneration's ROA % distribution charts can be found below:
* The bar in red indicates where Taiwan Cogeneration'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.
Taiwan Cogeneration (TPE:8926) has a ROA % of 5.57% 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 Taiwan Cogeneration and its competitors. This is 12% above median its historical median of 4.99. Over the past decade, Taiwan Cogeneration's ROA % has ranged from 3.70 to 6.42. According to the industry distribution chart, Taiwan Cogeneration ranks #471 out of 1777 companies in the Construction industry, placing it in the top 26.5%.
Is Taiwan Cogeneration's ROA % too high?
Taiwan Cogeneration's current ROA % of 5.57% is 12% above median its 10-year median of 4.99. Over the past 10 years, this metric has ranged from a low of 3.70 to a high of 6.42. The Construction industry median ROA % is 2.79. Taiwan Cogeneration's value of 5.57% is 99.6% above this industry median. Based on the distribution chart, Taiwan Cogeneration ranks #471 out of 1777 companies in the Construction industry, which is above the industry midpoint. Overall, Taiwan Cogeneration has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Cogeneration's ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, Taiwan Cogeneration ranks #471 out of 1777 companies for ROA %. This puts Taiwan Cogeneration in the upper half of its industry. The industry median ROA % is 2.79. Taiwan Cogeneration's value of 5.57% is 99.6% above this benchmark. Historically, Taiwan Cogeneration's own ROA % has ranged from 3.70 to 6.42 over the past decade. While the company's 10-year median is 4.99 vs. the industry median of 2.79, Taiwan Cogeneration 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 Construction company?
The median ROA % among Construction companies is 2.79, based on 1,777 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. Taiwan Cogeneration's current ROA % of 5.57% is 99.6% 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 Taiwan Cogeneration and its competitors. For the Construction industry, the median ROA % is 2.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Cogeneration's current ROA % is 5.57%, which is 12% above median its own 10-year median of 4.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Cogeneration stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Cogeneration (TPE:8926) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$43.28, compared to a current price of NT$76.20 — trading 76.1% above its estimated fair value. The current ROA % is 5.57%, which is 12% above median its 10-year median of 4.99 and 99.6% above the Construction industry median of 2.79. Taiwan Cogeneration's overall GF Score™ is 75/100 with 12 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 Taiwan Cogeneration (TPE:8926), the current ROA % is 5.57% 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 Taiwan Cogeneration (TPE:8926) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Cogeneration stock appears to be overvalued.
The current stock price of NT$76.20 is trading 76.1% above its estimated GF Value™ of NT$43.28.
GuruFocus considers Taiwan Cogeneration to be Significantly Overvalued.
Key valuation signals for TPE:8926:
ROA %: 5.57% (12% above median its 10-year median of 4.99)
GF Value™: NT$43.28 vs. price of NT$76.20 (76.1% above fair value)
Industry Position: 99.6% above the Construction median (#471 of 1777)
No single metric tells the full story. See the TPE:8926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Cogeneration Corp is engaged in engineering, planning, design, procurement, installation, construction and financial planning of cogeneration systems, environmental protection and fuel procurement for cogeneration systems and related businesses. The Corporation also operates and manages cogeneration plants, provides research and development, technical and consultation services related to cogeneration, and manufactures, assembles, sells, leases, installs and repairs cogeneration equipment. In addition, it invests in cogeneration plants, trades related equipment, engages in power generation businesses other than utility, and performs electric equipment installation. Its revenues are generated from sales from cogeneration plants and revenue from consulting and construction services.
75GF Score
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