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The historical rank and industry rank for Hong Ho Precision Textile Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:1446'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.05 Med: -0.09 Max: 33.28
Current: 6.92
During the past 13 years, Hong Ho Precision Textile Co's highest Return-on-Tangible-Asset was 33.28%. The lowest was -1.05%. And the median was -0.09%.
TPE:1446's Return-on-Tangible-Asset is ranked better than 80.9% of 1068
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.02
vs TPE:1446: 6.92
Hong Ho Precision Textile Co (TPE:1446) 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.
Hong Ho Precision Textile Co Return-on-Tangible-Asset Related Terms
Hong Ho Precision Textile Co Return-on-Tangible-Asset Historical 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.
Hong Ho Precision Textile Co Return-on-Tangible-Asset Chart
Hong Ho Precision Textile Co Return-on-Tangible-Asset Competitor Comparison
For the Textile Manufacturing subindustry, Hong Ho Precision Textile 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.
Hong Ho Precision Textile Co Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hong Ho Precision Textile Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hong Ho Precision Textile 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 8.53% mean?
Hong Ho Precision Textile Co (TPE:1446) has a Return-on-Tangible-Asset of 8.53% 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 Hong Ho Precision Textile Co and its competitors. According to the industry distribution chart, Hong Ho Precision Textile Co ranks #204 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 19.1%.
Is Hong Ho Precision Textile Co's Return-on-Tangible-Asset too high?
Hong Ho Precision Textile Co's current Return-on-Tangible-Asset is 8.53%. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.02. Hong Ho Precision Textile Co's value of 8.53% is 322.3% above this industry median. Based on the distribution chart, Hong Ho Precision Textile Co ranks #204 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Hong Ho Precision Textile Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hong Ho Precision Textile Co's Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hong Ho Precision Textile Co ranks #204 out of 1068 companies for Return-on-Tangible-Asset. This places Hong Ho Precision Textile Co in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.02. Hong Ho Precision Textile Co's value of 8.53% is 322.3% above this benchmark. 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.02, based on 1,068 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. Hong Ho Precision Textile Co's current Return-on-Tangible-Asset of 8.53% is 322.3% 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 Hong Ho Precision Textile Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Ho Precision Textile Co's current Return-on-Tangible-Asset is 8.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Ho Precision Textile Co stock overvalued right now?
Based on GuruFocus' analysis, Hong Ho Precision Textile Co (TPE:1446) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$18.49, compared to a current price of NT$13.75 — trading 25.6% below its estimated fair value. The current Return-on-Tangible-Asset is 8.53% and 322.3% above the Manufacturing - Apparel & Accessories industry median of 2.02. Hong Ho Precision Textile Co's overall GF Score™ is 75/100 with 3 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 Hong Ho Precision Textile Co (TPE:1446), the current Return-on-Tangible-Asset is 8.53% 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 Hong Ho Precision Textile Co (TPE:1446) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Ho Precision Textile Co stock appears to be undervalued.
The current stock price of NT$13.75 is trading 25.6% below its estimated GF Value™ of NT$18.49.
GuruFocus considers Hong Ho Precision Textile Co to be Modestly Undervalued.
Key valuation signals for TPE:1446:
Return-on-Tangible-Asset: 8.53%
GF Value™: NT$18.49 vs. price of NT$13.75 (25.6% below fair value)
Industry Position: 322.3% above the Manufacturing - Apparel & Accessories median (#204 of 1068)
No single metric tells the full story. See the TPE:1446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Ho Precision Textile Co Ltd is a Taiwan-based company that is engaged in the manufacturing and selling of various textiles, commissioning construction companies to build public housing and the rental and sale of commercial buildings. It has segments such as: the Textile department, which is engaged in textile preparation, weaving, outsourcing the dyeing process production, and outsourcing of finished products; the Trade department, which is engaged in manufacturing and sales of wearing apparel, etc; the Construction department, is commissioned construction enterprises to build commercial buildings; and the Other department is engaged in leasing business, etc. The company operates geographically in Taiwan, which generates maximum revenue, Japan, and Other countries.
75GF Score
Get the complete analysis for TPE:1446
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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