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 Kung Long Batteries Industrial Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:1537'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.43 Med: 16.15 Max: 19.06
Current: 10.43
During the past 13 years, Kung Long Batteries Industrial Co's highest Return-on-Tangible-Asset was 19.06%. The lowest was 10.43%. And the median was 16.15%.
TPE:1537's Return-on-Tangible-Asset is ranked better than 86.61% of 3078
companies
in the Industrial Products industry
Industry Median: 3.26
vs TPE:1537: 10.43
Kung Long Batteries Industrial Co (TPE:1537) 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.
Kung Long Batteries Industrial Co Return-on-Tangible-Asset Related Terms
Kung Long Batteries Industrial 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.
Kung Long Batteries Industrial Co Return-on-Tangible-Asset Chart
TPE:1537 vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Kung Long Batteries 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.
Kung Long Batteries Industrial Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kung Long Batteries Industrial Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kung Long Batteries Industrial 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 11.76% mean?
Kung Long Batteries Industrial Co (TPE:1537) has a Return-on-Tangible-Asset of 11.76% 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 Kung Long Batteries Industrial Co and its competitors. This is 27% below median its historical median of 16.15. Over the past decade, Kung Long Batteries Industrial Co's Return-on-Tangible-Asset has ranged from 10.43 to 19.06. According to the industry distribution chart, Kung Long Batteries Industrial Co ranks #412 out of 3078 companies in the Industrial Products industry, placing it in the top 13.4%.
Is Kung Long Batteries Industrial Co's Return-on-Tangible-Asset too high?
Kung Long Batteries Industrial Co's current Return-on-Tangible-Asset of 11.76% is 27% below median its 10-year median of 16.15. Over the past 10 years, this metric has ranged from a low of 10.43 to a high of 19.06. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Kung Long Batteries Industrial Co's value of 11.76% is 260.7% above this industry median. Based on the distribution chart, Kung Long Batteries Industrial Co ranks #412 out of 3078 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kung Long Batteries Industrial Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kung Long Batteries Industrial Co's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Kung Long Batteries Industrial Co ranks #412 out of 3078 companies for Return-on-Tangible-Asset. This places Kung Long Batteries Industrial Co in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. Kung Long Batteries Industrial Co's value of 11.76% is 260.7% above this benchmark. Historically, Kung Long Batteries Industrial Co's own Return-on-Tangible-Asset has ranged from 10.43 to 19.06 over the past decade. While the company's 10-year median is 16.15 vs. the industry median of 3.26, Kung Long Batteries 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,078 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. Kung Long Batteries Industrial Co's current Return-on-Tangible-Asset of 11.76% is 260.7% 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 Kung Long Batteries Industrial Co 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. Kung Long Batteries Industrial Co's current Return-on-Tangible-Asset is 11.76%, which is 27% below median its own 10-year median of 16.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kung Long Batteries Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Kung Long Batteries Industrial Co (TPE:1537) is currently considered Fairly Valued. The stock's GF Value™ is NT$128.58, compared to a current price of NT$126.50 — trading 1.6% below its estimated fair value. The current Return-on-Tangible-Asset is 11.76%, which is 27% below median its 10-year median of 16.15 and 260.7% above the Industrial Products industry median of 3.26. Kung Long Batteries Industrial Co's overall GF Score™ is 77/100 with 5 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 Kung Long Batteries Industrial Co (TPE:1537), the current Return-on-Tangible-Asset is 11.76% 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 Kung Long Batteries Industrial Co (TPE:1537) Overvalued in 2026?
Based on GuruFocus' analysis, Kung Long Batteries Industrial Co stock appears to be undervalued.
The current stock price of NT$126.50 is trading 1.6% below its estimated GF Value™ of NT$128.58.
GuruFocus considers Kung Long Batteries Industrial Co to be Fairly Valued.
Key valuation signals for TPE:1537:
Return-on-Tangible-Asset: 11.76% (27% below median its 10-year median of 16.15)
GF Value™: NT$128.58 vs. price of NT$126.50 (1.6% below fair value)
Industry Position: 260.7% above the Industrial Products median (#412 of 3078)
No single metric tells the full story. See the TPE:1537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kung Long Batteries Industrial Co Ltd is a Taiwan-based company. The company is predominantly engaged in the manufacture and sale of lead-acid batteries. The company has production facilities in Taiwan and Vietnam. The products are offered for a wide range of applications: multipurpose, cycling high-power, electric car, deep-cycle, renewable energy, and solar energy. Its reportable segments are Vietnam, which generates maximum revenue, and Taiwan.
77GF Score
Get the complete analysis for TPE:1537
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:1537 has been successfully added to your 
