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G-Shank Enterprise CoTPE:2476 +7.58%78 Return-on-Tangible-Asset is 7.68% as of Mar. 2026, which is 11% above its 10-year median of 6.92. GuruFocus rates TPE:2476 with a GF Score™ of 78/100 and a GF Value™ of NT$95.89 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 3,078 Industrial Products companies, G-Shank Enterprise Co ranks better than 76.64% 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. G-Shank Enterprise Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$996 Mil. G-Shank Enterprise Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$12,978 Mil. Therefore, G-Shank Enterprise Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.68%.
The historical rank and industry rank for G-Shank Enterprise Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2476'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.58 Med: 6.92 Max: 9.61
Current: 7.64
During the past 13 years, G-Shank Enterprise Co's highest Return-on-Tangible-Asset was 9.61%. The lowest was 3.58%. And the median was 6.92%.
TPE:2476's Return-on-Tangible-Asset is ranked better than 76.64% of 3078
companies
in the Industrial Products industry
Industry Median: 3.26
vs TPE:2476: 7.64
G-Shank Enterprise Co (TPE:2476) 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.
G-Shank Enterprise Co Return-on-Tangible-Asset Related Terms
G-Shank Enterprise Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for G-Shank Enterprise 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.
G-Shank Enterprise Co Return-on-Tangible-Asset Chart
TPE:2476 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, G-Shank Enterprise 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.
G-Shank Enterprise Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, G-Shank Enterprise Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where G-Shank Enterprise 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 7.68% mean?
G-Shank Enterprise Co (TPE:2476) has a Return-on-Tangible-Asset of 7.68% 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 G-Shank Enterprise Co and its competitors. This is 11% above median its historical median of 6.92. Over the past decade, G-Shank Enterprise Co's Return-on-Tangible-Asset has ranged from 3.58 to 9.61. According to the industry distribution chart, G-Shank Enterprise Co ranks #719 out of 3078 companies in the Industrial Products industry, placing it in the top 23.4%.
Is G-Shank Enterprise Co's Return-on-Tangible-Asset too high?
G-Shank Enterprise Co's current Return-on-Tangible-Asset of 7.68% is 11% above median its 10-year median of 6.92. Over the past 10 years, this metric has ranged from a low of 3.58 to a high of 9.61. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. G-Shank Enterprise Co's value of 7.68% is 135.6% above this industry median. Based on the distribution chart, G-Shank Enterprise Co ranks #719 out of 3078 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, G-Shank Enterprise Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does G-Shank Enterprise Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, G-Shank Enterprise Co ranks #719 out of 3078 companies for Return-on-Tangible-Asset. This places G-Shank Enterprise Co in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. G-Shank Enterprise Co's value of 7.68% is 135.6% above this benchmark. Historically, G-Shank Enterprise Co's own Return-on-Tangible-Asset has ranged from 3.58 to 9.61 over the past decade. While the company's 10-year median is 6.92 vs. the industry median of 3.26, G-Shank Enterprise 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. G-Shank Enterprise Co's current Return-on-Tangible-Asset of 7.68% is 135.6% 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 G-Shank Enterprise 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. G-Shank Enterprise Co's current Return-on-Tangible-Asset is 7.68%, which is 11% above median its own 10-year median of 6.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G-Shank Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, G-Shank Enterprise Co (TPE:2476) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$95.89, compared to a current price of NT$113.50 — trading 18.4% above its estimated fair value. The current Return-on-Tangible-Asset is 7.68%, which is 11% above median its 10-year median of 6.92 and 135.6% above the Industrial Products industry median of 3.26. G-Shank Enterprise Co's overall GF Score™ is 78/100 with 2 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 G-Shank Enterprise Co (TPE:2476), the current Return-on-Tangible-Asset is 7.68% 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 G-Shank Enterprise Co (TPE:2476) Overvalued in 2026?
Based on GuruFocus' analysis, G-Shank Enterprise Co stock appears to be overvalued.
The current stock price of NT$113.50 is trading 18.4% above its estimated GF Value™ of NT$95.89.
GuruFocus considers G-Shank Enterprise Co to be Modestly Overvalued.
Key valuation signals for TPE:2476:
Return-on-Tangible-Asset: 7.68% (11% above median its 10-year median of 6.92)
GF Value™: NT$95.89 vs. price of NT$113.50 (18.4% above fair value)
Industry Position: 135.6% above the Industrial Products median (#719 of 3078)
No single metric tells the full story. See the TPE:2476 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
G-Shank Enterprise Co Ltd is a Taiwan-based company that engages in the production of molds, stamping parts, fixtures and tools, automatic machines and electrical appliances, and mechanical components. Its products include Stepping motors, Spindle motors, Molds, punching items, Metal stamping tools, and Connectors. Its products are used in Automotive parts, Electronics components, Medical parts, Industrial parts, and others. The firm has two reporting departments: the stamping parts department and the general investment department. The firm generates key revenue from the stamping parts department, which is mainly engaged in the manufacturing and production, processing, and trading of stamping components. Geographically, the company generates key revenue from Taiwan.
78GF Score
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