Cryomax Cooling System (TPE:1587) Return-on-Tangible-Asset: 0.34% (As of Mar. 2026) — 76% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TPE:1587 Cryomax Cooling System Corp TPE:1587
57 GF Score
Price NT$23.85
GF Value NT$39.61
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Cryomax Cooling System Return-on-Tangible-Asset?

Cryomax Cooling System TPE:1587 -2.11% 57 Return-on-Tangible-Asset is 0.34% as of Mar. 2026, which is 76% below its 10-year median of 1.42. GuruFocus rates TPE:1587 with a GF Score™ of 57/100 and a GF Value™ of NT$39.61 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Cryomax Cooling System ranks worse than 68.9% 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. Cryomax Cooling System's annualized Net Income for the quarter that ended in Mar. 2026 was NT$13 Mil. Cryomax Cooling System's average total tangible assets for the quarter that ended in Mar. 2026 was NT$3,724 Mil. Therefore, Cryomax Cooling System's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.34%.

The historical rank and industry rank for Cryomax Cooling System's Return-on-Tangible-Asset or its related term are showing as below:

TPE:1587' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1   Med: 1.42   Max: 6.7
Current: 0.9

During the past 13 years, Cryomax Cooling System's highest Return-on-Tangible-Asset was 6.70%. The lowest was -1.00%. And the median was 1.42%.

TPE:1587's Return-on-Tangible-Asset is ranked worse than
68.9% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 3.19 vs TPE:1587: 0.90

Cryomax Cooling System  (TPE:1587) 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.


Cryomax Cooling System Return-on-Tangible-Asset Related Terms


Cryomax Cooling System Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Cryomax Cooling System'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.

Cryomax Cooling System Return-on-Tangible-Asset Chart

Cryomax Cooling System 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 3.58 4.42 1.29 -1.00 0.84

Cryomax Cooling System 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 0.06 0.54 1.62 1.14 0.34

TPE:1587 vs ORLY, AZO: Return-on-Tangible-Asset Comparison

For the Auto Parts subindustry, Cryomax Cooling System'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.


Cryomax Cooling System Return-on-Tangible-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cryomax Cooling System's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Cryomax Cooling System's Return-on-Tangible-Asset falls into.


TPE:1587
57GF Score
Cryomax Cooling System Corp TPE:1587
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cryomax Cooling System Return-on-Tangible-Asset Calculation

Cryomax Cooling System'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 )
=29.912/( (3400.894+3712.4)/ 2 )
=29.912/3556.647
=0.84 %

Cryomax Cooling System'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 )
=12.612/( (3712.4+3736.479)/ 2 )
=12.612/3724.4395
=0.34 %

* 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 0.34% mean?
Cryomax Cooling System (TPE:1587) has a Return-on-Tangible-Asset of 0.34% 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 Cryomax Cooling System and its competitors. This is 76% below median its historical median of 1.42. According to the industry distribution chart, Cryomax Cooling System ranks #917 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 68.9%.
Is Cryomax Cooling System's Return-on-Tangible-Asset too high?
Cryomax Cooling System's current Return-on-Tangible-Asset of 0.34% is 76% below median its 10-year median of 1.42. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.19. Cryomax Cooling System's value of 0.34% is 89.3% below this industry median. Based on the distribution chart, Cryomax Cooling System ranks #917 out of 1331 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Cryomax Cooling System has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cryomax Cooling System's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Cryomax Cooling System ranks #917 out of 1331 companies for Return-on-Tangible-Asset. This places Cryomax Cooling System in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.19. Cryomax Cooling System's value of 0.34% is 89.3% below this benchmark. While the company's 10-year median is 1.42 vs. the industry median of 3.19, Cryomax Cooling System 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.19, based on 1,331 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. Cryomax Cooling System's current Return-on-Tangible-Asset of 0.34% is 89.3% 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 Cryomax Cooling System and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cryomax Cooling System's current Return-on-Tangible-Asset is 0.34%, which is 76% below median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cryomax Cooling System stock overvalued right now?
Based on GuruFocus' analysis, Cryomax Cooling System (TPE:1587) is currently considered Possible Value Trap. The stock's GF Value™ is NT$39.61, compared to a current price of NT$23.85 — trading 39.8% below its estimated fair value. The current Return-on-Tangible-Asset is 0.34%, which is 76% below median its 10-year median of 1.42 and 89.3% below the Vehicles & Parts industry median of 3.19. Cryomax Cooling System's overall GF Score™ is 57/100 with 9 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 Cryomax Cooling System (TPE:1587), the current Return-on-Tangible-Asset is 0.34% 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 Cryomax Cooling System (TPE:1587) Overvalued in 2026?

Based on GuruFocus' analysis, Cryomax Cooling System stock appears to be undervalued. The current stock price of NT$23.85 is trading 39.8% below its estimated GF Value™ of NT$39.61. GuruFocus considers Cryomax Cooling System to be Possible Value Trap.

Key valuation signals for TPE:1587:

  • Return-on-Tangible-Asset: 0.34% (76% below median its 10-year median of 1.42)
  • GF Value™: NT$39.61 vs. price of NT$23.85 (39.8% below fair value)
  • GF Score™: 57/100 with 9 warning signs
  • Industry Position: 89.3% below the Vehicles & Parts median (#917 of 1331)

No single metric tells the full story. See the TPE:1587 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cryomax Cooling System Business Description

Address No. 28, Gongqu 2nd Road, Houliao Village, Fangyuan Township, Fangyuan Industrial District, Changhua, TWN, 528
Cryomax Cooling System Corp main business items are the manufacturing, processing, trading and import/export of metal water storage tanks for various vehicles. The Group manufactures and sells the metal water storage related products for various vehicles. The company has four segments Taiwan, the United States, China, and Mexico. The company generates majority of revenue from Taiwan. The company's products are Radiator and Condenser.
57GF Score

Get the complete analysis for TPE:1587

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

NT$23.85
Price
NT$39.61
GF Value