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King Slide Works CoTPE:2059 +9.94%92 Return-on-Tangible-Asset is 37.39% as of Mar. 2026, which is 143% above its 10-year median of 15.40. GuruFocus rates TPE:2059 with a GF Score™ of 92/100 and a GF Value™ of NT$4,591.62 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, King Slide Works Co ranks better than 99.54% 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. King Slide Works Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$13,943 Mil. King Slide Works Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$37,291 Mil. Therefore, King Slide Works Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 37.39%.
The historical rank and industry rank for King Slide Works Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2059'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.93 Med: 15.4 Max: 33
Current: 33
During the past 13 years, King Slide Works Co's highest Return-on-Tangible-Asset was 33.00%. The lowest was 8.93%. And the median was 15.40%.
TPE:2059's Return-on-Tangible-Asset is ranked better than 99.54% of 434
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.365
vs TPE:2059: 33.00
King Slide Works Co (TPE:2059) 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.
King Slide Works Co Return-on-Tangible-Asset Related Terms
King Slide Works Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for King Slide Works 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.
King Slide Works Co Return-on-Tangible-Asset Chart
TPE:2059 vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison
For the Furnishings, Fixtures & Appliances subindustry, King Slide Works 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.
King Slide Works Co Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, King Slide Works Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where King Slide Works 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 37.39% mean?
King Slide Works Co (TPE:2059) has a Return-on-Tangible-Asset of 37.39% 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 King Slide Works Co and its competitors. This is 143% above median its historical median of 15.40. Over the past decade, King Slide Works Co's Return-on-Tangible-Asset has ranged from 8.93 to 33.00. According to the industry distribution chart, King Slide Works Co ranks #2 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 0.5%.
Is King Slide Works Co's Return-on-Tangible-Asset too high?
King Slide Works Co's current Return-on-Tangible-Asset of 37.39% is 143% above median its 10-year median of 15.40. Over the past 10 years, this metric has ranged from a low of 8.93 to a high of 33.00. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.37. King Slide Works Co's value of 37.39% is 1481% above this industry median. Based on the distribution chart, King Slide Works Co ranks #2 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, King Slide Works Co has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does King Slide Works Co's Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, King Slide Works Co ranks #2 out of 434 companies for Return-on-Tangible-Asset. This places King Slide Works Co in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.37. King Slide Works Co's value of 37.39% is 1481% above this benchmark. Historically, King Slide Works Co's own Return-on-Tangible-Asset has ranged from 8.93 to 33.00 over the past decade. While the company's 10-year median is 15.40 vs. the industry median of 2.37, King Slide Works 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.37, based on 434 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. King Slide Works Co's current Return-on-Tangible-Asset of 37.39% is 1481% 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 King Slide Works Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King Slide Works Co's current Return-on-Tangible-Asset is 37.39%, which is 143% above median its own 10-year median of 15.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Slide Works Co stock overvalued right now?
Based on GuruFocus' analysis, King Slide Works Co (TPE:2059) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$4,591.62, compared to a current price of NT$7,850.00 — trading 71% above its estimated fair value. The current Return-on-Tangible-Asset is 37.39%, which is 143% above median its 10-year median of 15.40 and 1481% above the Furnishings, Fixtures & Appliances industry median of 2.37. King Slide Works Co's overall GF Score™ is 92/100 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 King Slide Works Co (TPE:2059), the current Return-on-Tangible-Asset is 37.39% 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 King Slide Works Co (TPE:2059) Overvalued in 2026?
Based on GuruFocus' analysis, King Slide Works Co stock appears to be overvalued.
The current stock price of NT$7,850.00 is trading 71% above its estimated GF Value™ of NT$4,591.62.
GuruFocus considers King Slide Works Co to be Significantly Overvalued.
Key valuation signals for TPE:2059:
Return-on-Tangible-Asset: 37.39% (143% above median its 10-year median of 15.40)
GF Value™: NT$4,591.62 vs. price of NT$7,850.00 (71% above fair value)
Industry Position: 1481% above the Furnishings, Fixtures & Appliances median (#2 of 434)
No single metric tells the full story. See the TPE:2059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
King Slide Works Co Ltd mainly designs, manufactures and sells the following products: Rail kits for cloud computing servers and data devices. Furniture, wooden kitchen accessories, slides and molds. Its segments are King Slide Works Co, King Slide Technology Co, and others. The company generates majority of revenue from King Slide Technology Co, Ltd. mainly R&D, designs and sells the rail kits for servers and network communications equipment. The company has presence in Taiwan, USA, China, and Others. The company generates majority of revenue from USA. The company's products includes Kitchen & Furniture Solutions, Special Applications, Server Rail Kits & CMA, and Consumer Electronics Solutions.
92GF Score
Get the complete analysis for TPE:2059
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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