Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Chung-Hsin Electric & Machinery Mfg's Return-on-Tangible-Asset or its related term are showing as below:
TPE:1513'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.11 Med: 4.97 Max: 8.56
Current: 8.56
During the past 13 years, Chung-Hsin Electric & Machinery Mfg's highest Return-on-Tangible-Asset was 8.56%. The lowest was 3.11%. And the median was 4.97%.
TPE:1513's Return-on-Tangible-Asset is ranked better than 80.31% of 3077
companies
in the Industrial Products industry
Industry Median: 3.26
vs TPE:1513: 8.56
Chung-Hsin Electric & Machinery Mfg (TPE:1513) 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.
Chung-Hsin Electric & Machinery Mfg Return-on-Tangible-Asset Related Terms
Chung-Hsin Electric & Machinery Mfg 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.
Chung-Hsin Electric & Machinery Mfg Return-on-Tangible-Asset Chart
TPE:1513 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Chung-Hsin Electric & Machinery Mfg'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.
Chung-Hsin Electric & Machinery Mfg Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chung-Hsin Electric & Machinery Mfg's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Chung-Hsin Electric & Machinery Mfg'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 8.21% mean?
Chung-Hsin Electric & Machinery Mfg (TPE:1513) has a Return-on-Tangible-Asset of 8.21% 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 Chung-Hsin Electric & Machinery Mfg and its competitors. This is 65% above median its historical median of 4.97. Over the past decade, Chung-Hsin Electric & Machinery Mfg's Return-on-Tangible-Asset has ranged from 3.11 to 8.56. According to the industry distribution chart, Chung-Hsin Electric & Machinery Mfg ranks #606 out of 3077 companies in the Industrial Products industry, placing it in the top 19.7%.
Is Chung-Hsin Electric & Machinery Mfg's Return-on-Tangible-Asset too high?
Chung-Hsin Electric & Machinery Mfg's current Return-on-Tangible-Asset of 8.21% is 65% above median its 10-year median of 4.97. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 8.56. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Chung-Hsin Electric & Machinery Mfg's value of 8.21% is 151.8% above this industry median. Based on the distribution chart, Chung-Hsin Electric & Machinery Mfg ranks #606 out of 3077 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Chung-Hsin Electric & Machinery Mfg has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chung-Hsin Electric & Machinery Mfg's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Chung-Hsin Electric & Machinery Mfg ranks #606 out of 3077 companies for Return-on-Tangible-Asset. This places Chung-Hsin Electric & Machinery Mfg in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. Chung-Hsin Electric & Machinery Mfg's value of 8.21% is 151.8% above this benchmark. Historically, Chung-Hsin Electric & Machinery Mfg's own Return-on-Tangible-Asset has ranged from 3.11 to 8.56 over the past decade. While the company's 10-year median is 4.97 vs. the industry median of 3.26, Chung-Hsin Electric & Machinery Mfg 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,077 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. Chung-Hsin Electric & Machinery Mfg's current Return-on-Tangible-Asset of 8.21% is 151.8% 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 Chung-Hsin Electric & Machinery Mfg and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chung-Hsin Electric & Machinery Mfg's current Return-on-Tangible-Asset is 8.21%, which is 65% above median its own 10-year median of 4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chung-Hsin Electric & Machinery Mfg stock overvalued right now?
Based on GuruFocus' analysis, Chung-Hsin Electric & Machinery Mfg (TPE:1513) is currently considered Fairly Valued. The stock's GF Value™ is NT$169.64, compared to a current price of NT$159.00 — trading 6.3% below its estimated fair value. The current Return-on-Tangible-Asset is 8.21%, which is 65% above median its 10-year median of 4.97 and 151.8% above the Industrial Products industry median of 3.26. Chung-Hsin Electric & Machinery Mfg's overall GF Score™ is 96/100 with 1 warning sign 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 Chung-Hsin Electric & Machinery Mfg (TPE:1513), the current Return-on-Tangible-Asset is 8.21% 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 Chung-Hsin Electric & Machinery Mfg (TPE:1513) Overvalued in 2026?
Based on GuruFocus' analysis, Chung-Hsin Electric & Machinery Mfg stock appears to be undervalued.
The current stock price of NT$159.00 is trading 6.3% below its estimated GF Value™ of NT$169.64.
GuruFocus considers Chung-Hsin Electric & Machinery Mfg to be Fairly Valued.
Key valuation signals for TPE:1513:
Return-on-Tangible-Asset: 8.21% (65% above median its 10-year median of 4.97)
GF Value™: NT$169.64 vs. price of NT$159.00 (6.3% below fair value)
Industry Position: 151.8% above the Industrial Products median (#606 of 3077)
No single metric tells the full story. See the TPE:1513 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chung-Hsin Electric & Machinery Mfg Corp is a manufacturer of power generation machinery and equipment and its related parts, air-conditioners, dehumidifiers, and meters. The company's products include chillers, generator sets, high voltage circuit breakers, smart grid electric power automation equipment, customized fuel cell systems, methanol reformers, handheld document terminals, industrial computers, and parking facilities, among others. Its operating segments include Electricity Power; Service and Engineering and others. The company generates maximum revenue from the Electricity Power segment.
96GF Score
Get the complete analysis for TPE:1513
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:1513 has been successfully added to your 
