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Kwong Fong IndustriesTPE:1416 +4.11%63 Return-on-Tangible-Asset is 2.10% as of Mar. 2026, which is 9% below its 10-year median of 2.31. GuruFocus rates TPE:1416 with a GF Score™ of 63/100 and a GF Value™ of NT$16.00 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,894 Software companies, Kwong Fong Industries ranks better than 52.07% 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. Kwong Fong Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$129.9 Mil. Kwong Fong Industries's average total tangible assets for the quarter that ended in Mar. 2026 was NT$6,180.7 Mil. Therefore, Kwong Fong Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.10%.
The historical rank and industry rank for Kwong Fong Industries's Return-on-Tangible-Asset or its related term are showing as below:
TPE:1416'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.81 Med: 2.31 Max: 10.05
Current: 2.69
During the past 13 years, Kwong Fong Industries's highest Return-on-Tangible-Asset was 10.05%. The lowest was -4.81%. And the median was 2.31%.
TPE:1416's Return-on-Tangible-Asset is ranked better than 52.07% of 2894
companies
in the Software industry
Industry Median: 2.13
vs TPE:1416: 2.69
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.
Kwong Fong Industries Return-on-Tangible-Asset Related Terms
Kwong Fong Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kwong Fong Industries'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:1416 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Kwong Fong Industries'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.
Kwong Fong Industries Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Kwong Fong Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kwong Fong Industries'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 2.10% mean?
Kwong Fong Industries (TPE:1416) has a Return-on-Tangible-Asset of 2.10% 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 Kwong Fong Industries and its competitors. This is near median its historical median of 2.31. According to the industry distribution chart, Kwong Fong Industries ranks #1387 out of 2894 companies in the Software industry, placing it in the top 47.9%.
Is Kwong Fong Industries' Return-on-Tangible-Asset too high?
Kwong Fong Industries' current Return-on-Tangible-Asset of 2.10% is near median its 10-year median of 2.31. The Software industry median Return-on-Tangible-Asset is 2.13. Kwong Fong Industries' value of 2.10% is 1.4% below this industry median. Based on the distribution chart, Kwong Fong Industries ranks #1387 out of 2894 companies in the Software industry, which is above the industry midpoint. Overall, Kwong Fong Industries has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kwong Fong Industries' Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Kwong Fong Industries ranks #1387 out of 2894 companies for Return-on-Tangible-Asset. This puts Kwong Fong Industries in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.13. Kwong Fong Industries' value of 2.10% is 1.4% below this benchmark. While the company's 10-year median is 2.31 vs. the industry median of 2.13, Kwong Fong Industries has consistently been below 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.13, based on 2,894 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. Kwong Fong Industries's current Return-on-Tangible-Asset of 2.10% is 1.4% below 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 Kwong Fong Industries and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kwong Fong Industries's current Return-on-Tangible-Asset is 2.10%, which is near median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kwong Fong Industries stock overvalued right now?
Based on GuruFocus' analysis, Kwong Fong Industries (TPE:1416) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$16.00, compared to a current price of NT$11.40 — trading 28.8% below its estimated fair value. The current Return-on-Tangible-Asset is 2.10%, which is near median its 10-year median of 2.31 and 1.4% below the Software industry median of 2.13. Kwong Fong Industries' overall GF Score™ is 63/100 with 6 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 Kwong Fong Industries (TPE:1416), the current Return-on-Tangible-Asset is 2.10% 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 Kwong Fong Industries (TPE:1416) Overvalued in 2026?
Based on GuruFocus' analysis, Kwong Fong Industries stock appears to be undervalued.
The current stock price of NT$11.40 is trading 28.8% below its estimated GF Value™ of NT$16.00.
GuruFocus considers Kwong Fong Industries to be Modestly Undervalued.
Key valuation signals for TPE:1416:
Return-on-Tangible-Asset: 2.10% (near median its 10-year median of 2.31)
GF Value™: NT$16.00 vs. price of NT$11.40 (28.8% below fair value)
Industry Position: 1.4% below the Software median (#1387 of 2894)
No single metric tells the full story. See the TPE:1416 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kwong Fong Industries Corp main business items include housing and building development and rental, real estate business, mall management, information software services, and electronic information supply services. The company's segment includes the Kwong Fong Department, the Pao Fong Asset Management Department, the Kwong Fong Holdings Department, and the Digital Technology Department. The company generates the majority of its revenue from the Digital Technology Department, which is engaged in Information Software Services. The company generates all of its revenue from Taiwan. The company's revenue is derived from information services, software sales, and real estate sales.
63GF Score
Get the complete analysis for TPE:1416
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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