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Evertop Wire CableTPE:1616 +3.06%82 Return-on-Tangible-Asset is 4.89% as of Mar. 2026, which is 743% above its 10-year median of 0.58. GuruFocus rates TPE:1616 with a GF Score™ of 82/100 and a GF Value™ of NT$26.99 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 3,078 Industrial Products companies, Evertop Wire Cable ranks better than 64.29% 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. Evertop Wire Cable's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$214 Mil. Evertop Wire Cable's average total tangible assets for the quarter that ended in Mar. 2026 was NT$4,380 Mil. Therefore, Evertop Wire Cable's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.89%.
The historical rank and industry rank for Evertop Wire Cable's Return-on-Tangible-Asset or its related term are showing as below:
TPE:1616'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.2 Med: 0.58 Max: 10.03
Current: 5.37
During the past 13 years, Evertop Wire Cable's highest Return-on-Tangible-Asset was 10.03%. The lowest was -3.20%. And the median was 0.58%.
TPE:1616's Return-on-Tangible-Asset is ranked better than 64.29% of 3078
companies
in the Industrial Products industry
Industry Median: 3.26
vs TPE:1616: 5.37
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.
Evertop Wire Cable Return-on-Tangible-Asset Related Terms
Evertop Wire Cable Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Evertop Wire Cable'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.
TPE:1616 vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Evertop Wire Cable'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.
Evertop Wire Cable Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Evertop Wire Cable's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Evertop Wire Cable'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 4.89% mean?
Evertop Wire Cable (TPE:1616) has a Return-on-Tangible-Asset of 4.89% 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 Evertop Wire Cable and its competitors. This is 743% above median its historical median of 0.58. According to the industry distribution chart, Evertop Wire Cable ranks #1099 out of 3078 companies in the Industrial Products industry, placing it in the top 35.7%.
Is Evertop Wire Cable's Return-on-Tangible-Asset too high?
Evertop Wire Cable's current Return-on-Tangible-Asset of 4.89% is 743% above median its 10-year median of 0.58. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Evertop Wire Cable's value of 4.89% is 50% above this industry median. Based on the distribution chart, Evertop Wire Cable ranks #1099 out of 3078 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Evertop Wire Cable has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evertop Wire Cable's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Evertop Wire Cable ranks #1099 out of 3078 companies for Return-on-Tangible-Asset. This puts Evertop Wire Cable in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Evertop Wire Cable's value of 4.89% is 50% above this benchmark. While the company's 10-year median is 0.58 vs. the industry median of 3.26, Evertop Wire Cable 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. Evertop Wire Cable's current Return-on-Tangible-Asset of 4.89% is 50% 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 Evertop Wire Cable 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. Evertop Wire Cable's current Return-on-Tangible-Asset is 4.89%, which is 743% above median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evertop Wire Cable stock overvalued right now?
Based on GuruFocus' analysis, Evertop Wire Cable (TPE:1616) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$26.99, compared to a current price of NT$18.55 — trading 31.3% below its estimated fair value. The current Return-on-Tangible-Asset is 4.89%, which is 743% above median its 10-year median of 0.58 and 50% above the Industrial Products industry median of 3.26. Evertop Wire Cable's overall GF Score™ is 82/100 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 Evertop Wire Cable (TPE:1616), the current Return-on-Tangible-Asset is 4.89% 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 Evertop Wire Cable (TPE:1616) Overvalued in 2026?
Based on GuruFocus' analysis, Evertop Wire Cable stock appears to be undervalued.
The current stock price of NT$18.55 is trading 31.3% below its estimated GF Value™ of NT$26.99.
GuruFocus considers Evertop Wire Cable to be Significantly Undervalued.
Key valuation signals for TPE:1616:
Return-on-Tangible-Asset: 4.89% (743% above median its 10-year median of 0.58)
GF Value™: NT$26.99 vs. price of NT$18.55 (31.3% below fair value)
Industry Position: 50% above the Industrial Products median (#1099 of 3078)
No single metric tells the full story. See the TPE:1616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evertop Wire Cable Corp is engaged in the manufacturing, processing, sale, and installation of bare cooper wires, tinned wires, power cables, computer cables, insulated wires, coaxial cables, PVC wire cables, XLPE high and low voltage power cables, telecommunication cables, fiber optic cables, and rubber cables. The company generates a majority of its revenue from Taiwan and the rest from Vietnam.
82GF Score
Get the complete analysis for TPE:1616
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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