BISON Electronics (ROCO:3659) Asset Turnover: 0.59 (As of Dec. 2025)

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ROCO:3659 BISON Electronics Inc ROCO:3659
75 GF Score
Price NT$20.70
GF Value NT$30.17
Valuation Significantly Undervalued
! 5 Warning Signs
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What is BISON Electronics Asset Turnover?

BISON Electronics ROCO:3659 -5.91% 75 Asset Turnover is 0.59 as of Dec. 2025. GuruFocus rates ROCO:3659 with a GF Score™ of 75/100 and a GF Value™ of NT$30.17 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BISON Electronics's Revenue for the six months ended in Dec. 2025 was NT$1,398 Mil. BISON Electronics's Total Assets for the quarter that ended in Dec. 2025 was NT$2,386 Mil. Therefore, BISON Electronics's Asset Turnover for the quarter that ended in Dec. 2025 was 0.59.

Asset Turnover is linked to ROE % through Du Pont Formula. BISON Electronics's annualized ROE % for the quarter that ended in Dec. 2025 was 14.05%. It is also linked to ROA % through Du Pont Formula. BISON Electronics's annualized ROA % for the quarter that ended in Dec. 2025 was 6.16%.


BISON Electronics  (ROCO:3659) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

BISON Electronics's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=146.926/1045.7585
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(146.926 / 2795.182)*(2795.182 / 2386.3375)*(2386.3375/ 1045.7585)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.26 %*1.1713*2.2819
=ROA %*Equity Multiplier
=6.16 %*2.2819
=14.05 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

BISON Electronics's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=146.926/2386.3375
=(Net Income / Revenue)*(Revenue / Total Assets)
=(146.926 / 2795.182)*(2795.182 / 2386.3375)
=Net Margin %*Asset Turnover
=5.26 %*1.1713
=6.16 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


BISON Electronics Asset Turnover Related Terms


BISON Electronics Asset Turnover Historical Data

* Premium members only.

The historical data trend for BISON Electronics's Asset Turnover 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.

BISON Electronics Asset Turnover Chart

BISON Electronics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.15 1.16 1.08 1.09

BISON Electronics Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Asset Turnover 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 0.61 0.54 0.58 0.52 0.59

ROCO:3659 vs SNDK, DELL, STX: Asset Turnover Comparison

For the Computer Hardware subindustry, BISON Electronics's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.


BISON Electronics Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, BISON Electronics's Asset Turnover distribution charts can be found below:

* The bar in red indicates where BISON Electronics's Asset Turnover falls into.


ROCO:3659
75GF Score
BISON Electronics Inc ROCO:3659
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BISON Electronics Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

BISON Electronics's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=2711.571/( (2615.534+2352.974)/ 2 )
=2711.571/2484.254
=1.09

BISON Electronics's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=1397.591/( (2419.701+2352.974)/ 2 )
=1397.591/2386.3375
=0.59

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.59 mean?
BISON Electronics (ROCO:3659) has a Asset Turnover of 0.59 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on BISON Electronics and its competitors.
Is BISON Electronics' Asset Turnover too high?
BISON Electronics' current Asset Turnover is 0.59. Overall, BISON Electronics has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BISON Electronics' Asset Turnover compare to SNDK and DELL?
BISON Electronics' Asset Turnover of 0.59 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Hardware company?
A good Asset Turnover depends on the Hardware industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on BISON Electronics and its competitors. BISON Electronics's current Asset Turnover is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BISON Electronics stock overvalued right now?
Based on GuruFocus' analysis, BISON Electronics (ROCO:3659) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$30.17, compared to a current price of NT$20.70 — trading 31.4% below its estimated fair value. The current Asset Turnover is 0.59. BISON Electronics' overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For BISON Electronics (ROCO:3659), the current Asset Turnover is 0.59 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 BISON Electronics (ROCO:3659) Overvalued in 2026?

Based on GuruFocus' analysis, BISON Electronics stock appears to be undervalued. The current stock price of NT$20.70 is trading 31.4% below its estimated GF Value™ of NT$30.17. GuruFocus considers BISON Electronics to be Significantly Undervalued.

Key valuation signals for ROCO:3659:

  • Asset Turnover: 0.59
  • GF Value™: NT$30.17 vs. price of NT$20.70 (31.4% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the ROCO:3659 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BISON Electronics Business Description

Address No.28, Alley 20, Lane.26, Rueiguang Road, Neihu District, 3rd floor, Taipei, TWN, 114
BISON Electronics Inc is an equipment manufacturer in Taiwan. It manufactures camera modules, displays, peripheral devices, and computer-relevant accessories.
75GF Score

Get the complete analysis for ROCO:3659

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

NT$20.70
Price
NT$30.17
GF Value