Makalot Industrial Co (TPE:1477) Return-on-Tangible-Asset: 17.78% (As of Mar. 2026) — 34% Above Median

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TPE:1477 Makalot Industrial Co Ltd TPE:1477
96 GF Score
Price NT$226.00
GF Value NT$321.88
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Makalot Industrial Co Return-on-Tangible-Asset?

Makalot Industrial Co TPE:1477 +0.44% 96 Return-on-Tangible-Asset is 17.78% as of Mar. 2026, which is 34% above its 10-year median of 13.23. GuruFocus rates TPE:1477 with a GF Score™ of 96/100 and a GF Value™ of NT$321.88 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,064 Manufacturing - Apparel & Accessories companies, Makalot Industrial Co ranks better than 94.92% 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. Makalot Industrial Co's annualized Net Income for the quarter that ended in Mar. 2026 was NT$4,293 Mil. Makalot Industrial Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$24,149 Mil. Therefore, Makalot Industrial Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 17.78%.

The historical rank and industry rank for Makalot Industrial Co's Return-on-Tangible-Asset or its related term are showing as below:

TPE:1477' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.03   Med: 13.23   Max: 17.14
Current: 14.63

During the past 13 years, Makalot Industrial Co's highest Return-on-Tangible-Asset was 17.14%. The lowest was 10.03%. And the median was 13.23%.

TPE:1477's Return-on-Tangible-Asset is ranked better than
94.92% of 1064 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.025 vs TPE:1477: 14.63

Makalot Industrial Co  (TPE:1477) 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 company’s 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 company’s 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.


Makalot Industrial Co Return-on-Tangible-Asset Related Terms


Makalot Industrial Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Makalot Industrial 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.

Makalot Industrial Co Return-on-Tangible-Asset Chart

Makalot Industrial Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.02 15.09 16.21 17.14 15.36

Makalot Industrial Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 21.32 10.61 15.62 15.15 17.78

TPE:1477 vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison

For the Apparel Manufacturing subindustry, Makalot Industrial 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.


Makalot Industrial Co Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Makalot Industrial Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Makalot Industrial Co's Return-on-Tangible-Asset falls into.


TPE:1477
96GF Score
Makalot Industrial Co Ltd TPE:1477
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makalot Industrial Co Return-on-Tangible-Asset Calculation

Makalot Industrial Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=3614.095/( (23175.829+23879.825)/ 2 )
=3614.095/23527.827
=15.36 %

Makalot Industrial Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=4292.828/( (23879.825+24417.411)/ 2 )
=4292.828/24148.618
=17.78 %

* 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 17.78% mean?
Makalot Industrial Co (TPE:1477) has a Return-on-Tangible-Asset of 17.78% 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 Makalot Industrial Co and its competitors. This is 34% above median its historical median of 13.23. Over the past decade, Makalot Industrial Co's Return-on-Tangible-Asset has ranged from 10.03 to 17.14. According to the industry distribution chart, Makalot Industrial Co ranks #54 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 5.1%.
Is Makalot Industrial Co's Return-on-Tangible-Asset too high?
Makalot Industrial Co's current Return-on-Tangible-Asset of 17.78% is 34% above median its 10-year median of 13.23. Over the past 10 years, this metric has ranged from a low of 10.03 to a high of 17.14. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.03. Makalot Industrial Co's value of 17.78% is 778% above this industry median. Based on the distribution chart, Makalot Industrial Co ranks #54 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Makalot Industrial Co has a GF Score™ of 96/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Makalot Industrial Co's Return-on-Tangible-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Makalot Industrial Co ranks #54 out of 1064 companies for Return-on-Tangible-Asset. This places Makalot Industrial Co in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.03. Makalot Industrial Co's value of 17.78% is 778% above this benchmark. Historically, Makalot Industrial Co's own Return-on-Tangible-Asset has ranged from 10.03 to 17.14 over the past decade. While the company's 10-year median is 13.23 vs. the industry median of 2.03, Makalot Industrial 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.03, based on 1,064 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. Makalot Industrial Co's current Return-on-Tangible-Asset of 17.78% is 778% 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 Makalot Industrial Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makalot Industrial Co's current Return-on-Tangible-Asset is 17.78%, which is 34% above median its own 10-year median of 13.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makalot Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Makalot Industrial Co (TPE:1477) is currently considered Possible Value Trap. The stock's GF Value™ is NT$321.88, compared to a current price of NT$226.00 — trading 29.8% below its estimated fair value. The current Return-on-Tangible-Asset is 17.78%, which is 34% above median its 10-year median of 13.23 and 778% above the Manufacturing - Apparel & Accessories industry median of 2.03. Makalot Industrial Co's overall GF Score™ is 96/100 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 Makalot Industrial Co (TPE:1477), the current Return-on-Tangible-Asset is 17.78% 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 Makalot Industrial Co (TPE:1477) Overvalued in 2026?

Based on GuruFocus' analysis, Makalot Industrial Co stock appears to be undervalued. The current stock price of NT$226.00 is trading 29.8% below its estimated GF Value™ of NT$321.88. GuruFocus considers Makalot Industrial Co to be Possible Value Trap.

Key valuation signals for TPE:1477:

  • Return-on-Tangible-Asset: 17.78% (34% above median its 10-year median of 13.23)
  • GF Value™: NT$321.88 vs. price of NT$226.00 (29.8% below fair value)
  • GF Score™: 96/100 with 3 warning signs
  • Industry Position: 778% above the Manufacturing - Apparel & Accessories median (#54 of 1064)

No single metric tells the full story. See the TPE:1477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Makalot Industrial Co Business Description

Address No. 550, Zhongxiao East Road, 8th Floor, Section 4, Taipei, TWN, 110
Makalot Industrial Co Ltd is a Taiwan-based company. The company, along with its subsidiaries, is involved in the manufacturing and processing of garments. The firm describes its sales based on geography as sales from the American region and sales from others. It derives the majority of its sales from the American region. The firm generates almost all its revenue from garments and small portion of revenue from services and others.
96GF Score

Get the complete analysis for TPE:1477

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$226.00
Price
NT$321.88
GF Value