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Sunspring MetalTPE:2062 -1.06%66 Return-on-Tangible-Asset is 0.02% as of Mar. 2026, which is 99% below its 10-year median of 2.15. GuruFocus rates TPE:2062 with a GF Score™ of 66/100 and a GF Value™ of NT$21.54 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,786 Construction companies, Sunspring Metal ranks worse than 71.33% 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. Sunspring Metal's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$2 Mil. Sunspring Metal's average total tangible assets for the quarter that ended in Mar. 2026 was NT$11,361 Mil. Therefore, Sunspring Metal's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.02%.
The historical rank and industry rank for Sunspring Metal's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2062'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.64 Med: 2.15 Max: 6.99
Current: 0.38
During the past 13 years, Sunspring Metal's highest Return-on-Tangible-Asset was 6.99%. The lowest was -0.64%. And the median was 2.15%.
TPE:2062's Return-on-Tangible-Asset is ranked worse than 71.33% of 1786
companies
in the Construction industry
Industry Median: 3.055
vs TPE:2062: 0.38
Sunspring Metal (TPE:2062) 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.
Sunspring Metal Return-on-Tangible-Asset Related Terms
Sunspring Metal Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sunspring Metal'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:2062 vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Sunspring Metal'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.
Sunspring Metal Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Sunspring Metal's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sunspring Metal'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 0.02% mean?
Sunspring Metal (TPE:2062) has a Return-on-Tangible-Asset of 0.02% 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 Sunspring Metal and its competitors. This is 99% below median its historical median of 2.15. According to the industry distribution chart, Sunspring Metal ranks #1274 out of 1786 companies in the Construction industry, placing it in the top 71.3%.
Is Sunspring Metal's Return-on-Tangible-Asset too high?
Sunspring Metal's current Return-on-Tangible-Asset of 0.02% is 99% below median its 10-year median of 2.15. The Construction industry median Return-on-Tangible-Asset is 3.06. Sunspring Metal's value of 0.02% is 99.3% below this industry median. Based on the distribution chart, Sunspring Metal ranks #1274 out of 1786 companies in the Construction industry, which is below the industry midpoint. Overall, Sunspring Metal has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sunspring Metal's Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Sunspring Metal ranks #1274 out of 1786 companies for Return-on-Tangible-Asset. This places Sunspring Metal in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.06. Sunspring Metal's value of 0.02% is 99.3% below this benchmark. While the company's 10-year median is 2.15 vs. the industry median of 3.06, Sunspring Metal 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,786 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. Sunspring Metal's current Return-on-Tangible-Asset of 0.02% is 99.3% 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 Sunspring Metal and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunspring Metal's current Return-on-Tangible-Asset is 0.02%, which is 99% below median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunspring Metal stock overvalued right now?
Based on GuruFocus' analysis, Sunspring Metal (TPE:2062) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$21.54, compared to a current price of NT$18.60 — trading 13.6% below its estimated fair value. The current Return-on-Tangible-Asset is 0.02%, which is 99% below median its 10-year median of 2.15 and 99.3% below the Construction industry median of 3.06. Sunspring Metal's overall GF Score™ is 66/100 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 Sunspring Metal (TPE:2062), the current Return-on-Tangible-Asset is 0.02% 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 Sunspring Metal (TPE:2062) Overvalued in 2026?
Based on GuruFocus' analysis, Sunspring Metal stock appears to be undervalued.
The current stock price of NT$18.60 is trading 13.6% below its estimated GF Value™ of NT$21.54.
GuruFocus considers Sunspring Metal to be Modestly Undervalued.
Key valuation signals for TPE:2062:
Return-on-Tangible-Asset: 0.02% (99% below median its 10-year median of 2.15)
GF Value™: NT$21.54 vs. price of NT$18.60 (13.6% below fair value)
Industry Position: 99.3% below the Construction median (#1274 of 1786)
No single metric tells the full story. See the TPE:2062 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sunspring Metal Corporation is a Taiwan-based company mainly engaged in the manufacturing, processing, and trading of water pipe switch accessories, gate valves, corks, copper pipe fittings, and waterway sanitary equipment, and also the production and sales of bathroom spare parts. Geographically, the company has two operations: the Asia Operations Area, which includes production and sales in Asia, and the North America Operations Area, which includes production and sales in North America. The majority of its revenue derives from the Asia operations area.
66GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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