Mayer Steel Pipe (TPE:2020) Property, Plant and Equipment: NT$1,510 Mil (As of Dec. 2025)


TPE:2020 Mayer Steel Pipe Corp TPE:2020
75 GF Score
Price NT$21.75
GF Value NT$20.92
Valuation Fairly Valued
! 5 Warning Signs
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What is Mayer Steel Pipe Property, Plant and Equipment?

Mayer Steel Pipe TPE:2020 +0.23% 75 Property, Plant and Equipment is NT$1,510 Mil as of Dec. 2025. GuruFocus rates TPE:2020 with a GF Score™ of 75/100 and a GF Value™ of NT$20.92 (Fairly Valued). The stock has 5 warning signs investors should review.

Mayer Steel Pipe's quarterly net PPE declined from Jun. 2025 (NT$1,551 Mil) to Sep. 2025 (NT$1,525 Mil) and declined from Sep. 2025 (NT$1,525 Mil) to Dec. 2025 (NT$1,510 Mil).

Mayer Steel Pipe's annual net PPE increased from Dec. 2023 (NT$1,566 Mil) to Dec. 2024 (NT$1,590 Mil) but then declined from Dec. 2024 (NT$1,590 Mil) to Dec. 2025 (NT$1,510 Mil).


Mayer Steel Pipe  (TPE:2020) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Mayer Steel Pipe Property, Plant and Equipment Related Terms


Mayer Steel Pipe Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for Mayer Steel Pipe's Property, Plant and Equipment 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.

Mayer Steel Pipe Property, Plant and Equipment Chart

Mayer Steel Pipe Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,626.38 1,626.49 1,566.06 1,590.43 1,510.31

Mayer Steel Pipe Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Property, Plant and Equipment 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 1,590.43 1,590.16 1,550.61 1,524.64 1,510.31
TPE:2020
75GF Score
Mayer Steel Pipe Corp TPE:2020
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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Mayer Steel Pipe Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of NT$1,510 Mil mean?
Mayer Steel Pipe (TPE:2020) has a Property, Plant and Equipment of NT$1,510 Mil as of Dec. 2025. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Mayer Steel Pipe and its competitors.
Is Mayer Steel Pipe's Property, Plant and Equipment too high?
Mayer Steel Pipe's current Property, Plant and Equipment is NT$1,510 Mil. Overall, Mayer Steel Pipe has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mayer Steel Pipe's Property, Plant and Equipment compare to NUE and STLD?
Mayer Steel Pipe's Property, Plant and Equipment of NT$1,510 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Property, Plant and Equipment for a Steel company?
A good Property, Plant and Equipment depends on the Steel industry context. However, Property, Plant and Equipment 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 Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Mayer Steel Pipe and its competitors. Mayer Steel Pipe's current Property, Plant and Equipment is NT$1,510 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayer Steel Pipe stock overvalued right now?
Based on GuruFocus' analysis, Mayer Steel Pipe (TPE:2020) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.92, compared to a current price of NT$21.75 — trading 4% above its estimated fair value. The current Property, Plant and Equipment is NT$1,510 Mil. Mayer Steel Pipe's 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 Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Mayer Steel Pipe (TPE:2020), the current Property, Plant and Equipment is NT$1,510 Mil 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 Mayer Steel Pipe (TPE:2020) Overvalued in 2026?

Based on GuruFocus' analysis, Mayer Steel Pipe stock appears to be overvalued. The current stock price of NT$21.75 is trading 4% above its estimated GF Value™ of NT$20.92. GuruFocus considers Mayer Steel Pipe to be Fairly Valued.

Key valuation signals for TPE:2020:

  • Property, Plant and Equipment: NT$1,510 Mil
  • GF Value™: NT$20.92 vs. price of NT$21.75 (4% above fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the TPE:2020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mayer Steel Pipe Business Description

Address No. 2-1, Section 3, Minquan East Road, 12th Floor, Zhongshan District, Taipei, TWN, 10477
Mayer Steel Pipe Corp operates as a steel pipe manufacturer in Taiwan. The primary business of the company and its entities is engaged in the production and sales of black steel pipes, galvanized steel pipes and stainless-steel coils for pipes. The company's reportable segments are the Steel Segment, Real Estate Investment Segment, Investment Segment, and Hotel Services Segment. The majority of revenue is derived from the Steel department, which focuses on the production and sales of black steel pipes, zinc-coated steel pipes, and stainless-steel coils for Pipes. Geographically it generates maximum revenue from Taiwan and the rest from Vietnam, Thailand, and other regions.
75GF Score

Get the complete analysis for TPE:2020

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

NT$21.75
Price
NT$20.92
GF Value