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Lucky Cement CoTPE:1108 -0.83%76 Return-on-Tangible-Asset is 2.69% as of Mar. 2026, which is 39% below its 10-year median of 4.44. GuruFocus rates TPE:1108 with a GF Score™ of 76/100 and a GF Value™ of NT$14.01 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 410 Building Materials companies, Lucky Cement Co ranks better than 83.17% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Lucky Cement Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$276 Mil. Lucky Cement Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$10,254 Mil. Therefore, Lucky Cement Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.69%.
The historical rank and industry rank for Lucky Cement Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:1108'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.44 Med: 4.44 Max: 8.57
Current: 8.57
During the past 13 years, Lucky Cement Co's highest Return-on-Tangible-Asset was 8.57%. The lowest was -2.44%. And the median was 4.44%.
TPE:1108's Return-on-Tangible-Asset is ranked better than 83.17% of 410
companies
in the Building Materials industry
Industry Median: 2.345
vs TPE:1108: 8.57
Lucky Cement Co (TPE:1108) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Lucky Cement Co Return-on-Tangible-Asset Related Terms
Lucky Cement Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Lucky Cement Co's Return-on-Tangible-Asset 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.
TPE:1108 vs CRH, VMC, MLM: Return-on-Tangible-Asset Comparison
For the Building Materials subindustry, Lucky Cement Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Lucky Cement Co Return-on-Tangible-Asset vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Lucky Cement Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lucky Cement Co's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.69% mean?
Lucky Cement Co (TPE:1108) has a Return-on-Tangible-Asset of 2.69% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Lucky Cement Co and its competitors. This is 39% below median its historical median of 4.44. According to the industry distribution chart, Lucky Cement Co ranks #69 out of 410 companies in the Building Materials industry, placing it in the top 16.8%.
Is Lucky Cement Co's Return-on-Tangible-Asset too high?
Lucky Cement Co's current Return-on-Tangible-Asset of 2.69% is 39% below median its 10-year median of 4.44. The Building Materials industry median Return-on-Tangible-Asset is 2.35. Lucky Cement Co's value of 2.69% is 14.7% above this industry median. Based on the distribution chart, Lucky Cement Co ranks #69 out of 410 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Lucky Cement Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lucky Cement Co's Return-on-Tangible-Asset compare to CRH and VMC?
According to the Building Materials industry distribution chart, Lucky Cement Co ranks #69 out of 410 companies for Return-on-Tangible-Asset. This places Lucky Cement Co in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.35. Lucky Cement Co's value of 2.69% is 14.7% above this benchmark. While the company's 10-year median is 4.44 vs. the industry median of 2.35, Lucky Cement Co 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 Return-on-Tangible-Asset for a Building Materials company?
The median Return-on-Tangible-Asset among Building Materials companies is 2.35, based on 410 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lucky Cement Co's current Return-on-Tangible-Asset of 2.69% is 14.7% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Lucky Cement Co and its competitors. For the Building Materials industry, the median Return-on-Tangible-Asset is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lucky Cement Co's current Return-on-Tangible-Asset is 2.69%, which is 39% below median its own 10-year median of 4.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lucky Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Lucky Cement Co (TPE:1108) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.01, compared to a current price of NT$11.95 — trading 14.7% below its estimated fair value. The current Return-on-Tangible-Asset is 2.69%, which is 39% below median its 10-year median of 4.44 and 14.7% above the Building Materials industry median of 2.35. Lucky Cement Co's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Lucky Cement Co (TPE:1108), the current Return-on-Tangible-Asset is 2.69% as of Mar. 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 Lucky Cement Co (TPE:1108) Overvalued in 2026?
Based on GuruFocus' analysis, Lucky Cement Co stock appears to be undervalued.
The current stock price of NT$11.95 is trading 14.7% below its estimated GF Value™ of NT$14.01.
GuruFocus considers Lucky Cement Co to be Modestly Undervalued.
Key valuation signals for TPE:1108:
Return-on-Tangible-Asset: 2.69% (39% below median its 10-year median of 4.44)
GF Value™: NT$14.01 vs. price of NT$11.95 (14.7% below fair value)
Industry Position: 14.7% above the Building Materials median (#69 of 410)
No single metric tells the full story. See the TPE:1108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lucky Cement Co is a cement manufacturer and its revenue mainly comes from sales of cement, stone materials, and other cement products. Its products include Portland cement which is suitable for the construction of a Reservoir, Dam, bridge foundation, wharf, harbor, and construction in coast areas, Slag and Ashes. Geographically the activities are carried out in Taiwan.
76GF Score
Get the complete analysis for TPE:1108
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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