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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Tang Eng Iron Works Co's quarterly market cap
declined
from Jun. 2025 (NT$10,570 Mil) to Sep. 2025 (NT$10,150 Mil) but then
increased
from Sep. 2025 (NT$10,150 Mil) to Dec. 2025 (NT$10,675 Mil).
Tang Eng Iron Works Co's annual market cap
declined
from Dec. 2023 (NT$11,655 Mil) to Dec. 2024 (NT$10,973 Mil) and
declined
from Dec. 2024 (NT$10,973 Mil) to Dec. 2025 (NT$10,675 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Tang Eng Iron Works Co's Enterprise Value for Today is NT$20,209 Mil.
Tang Eng Iron Works Co (ROCO:2035) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
* 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 Steel subindustry, Tang Eng Iron Works Co's Market Cap, along with its competitors' market caps and Market Cap 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.
Tang Eng Iron Works Co Market Cap vs Steel Industry
For the Steel industry and Basic Materials sector, Tang Eng Iron Works Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Tang Eng Iron Works Co's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Tang Eng Iron Works Co's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Tang Eng Iron Works Co (ROCO:2035) has a Market Cap of NT$9,485 Mil as of Jul. 17, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Tang Eng Iron Works Co and its competitors. According to the industry distribution chart, Tang Eng Iron Works Co ranks #217 out of 639 companies in the Steel industry, placing it in the top 34%.
Is Tang Eng Iron Works Co's Market Cap too high?
Tang Eng Iron Works Co's current Market Cap is NT$9,485 Mil. Based on the distribution chart, Tang Eng Iron Works Co ranks #217 out of 639 companies in the Steel industry, which is above the industry midpoint. Overall, Tang Eng Iron Works Co has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tang Eng Iron Works Co's Market Cap compare to NUE and STLD?
According to the Steel industry distribution chart, Tang Eng Iron Works Co ranks #217 out of 639 companies for Market Cap. This puts Tang Eng Iron Works Co in the upper half of its industry. The industry median Market Cap is 96.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Steel company?
The median Market Cap among Steel companies is 96.80, based on 639 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Tang Eng Iron Works Co and its competitors. For the Steel industry, the median Market Cap is 96.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tang Eng Iron Works Co's current Market Cap is NT$9,485 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tang Eng Iron Works Co stock overvalued right now?
Based on GuruFocus' analysis, Tang Eng Iron Works Co (ROCO:2035) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$23.81, compared to a current price of NT$27.15 — trading 14% above its estimated fair value. The current Market Cap is NT$9,485 Mil. Tang Eng Iron Works Co's overall GF Score™ is 44/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Tang Eng Iron Works Co (ROCO:2035), the current Market Cap is NT$9,485 Mil as of Jul. 17, 2026. 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 Tang Eng Iron Works Co (ROCO:2035) Overvalued in 2026?
Based on GuruFocus' analysis, Tang Eng Iron Works Co stock appears to be overvalued.
The current stock price of NT$27.15 is trading 14% above its estimated GF Value™ of NT$23.81.
GuruFocus considers Tang Eng Iron Works Co to be Modestly Overvalued.
Key valuation signals for ROCO:2035:
Market Cap: NT$9,485 Mil
GF Value™: NT$23.81 vs. price of NT$27.15 (14% above fair value)
No single metric tells the full story. See the ROCO:2035 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tang Eng Iron Works Co Ltd is engaged in the manufacture and trading of stainless steel products. Its products include Anti-bacterial Stainless-Steel Coils and Products; Crimped Steel Board; Anti-bacterial Stainless-Steel Products; Duplex Stainless Steel; and Precipitation Hardening Stainless Steel. The company has only one reportable segment: the stainless steel segment that mainly manufactures and trades stainless steel products.
44GF Score
Get the complete analysis for ROCO:2035
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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