Kuoyang Development Co (TPE:2505) Return-on-Tangible-Asset: 1.12% (As of Mar. 2026) — 16% Below Median

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TPE:2505 Kuoyang Development Co Ltd TPE:2505
60 GF Score
Price NT$17.80
GF Value NT$76.46
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Kuoyang Development Co Return-on-Tangible-Asset?

Kuoyang Development Co TPE:2505 60 Return-on-Tangible-Asset is 1.12% as of Mar. 2026, which is 16% below its 10-year median of 1.34. GuruFocus rates TPE:2505 with a GF Score™ of 60/100 and a GF Value™ of NT$76.46 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,800 Real Estate companies, Kuoyang Development Co ranks better than 65.56% 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. Kuoyang Development Co's annualized Net Income for the quarter that ended in Mar. 2026 was NT$256 Mil. Kuoyang Development Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$22,817 Mil. Therefore, Kuoyang Development Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.12%.

The historical rank and industry rank for Kuoyang Development Co's Return-on-Tangible-Asset or its related term are showing as below:

TPE:2505' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.29   Med: 1.34   Max: 25.43
Current: 3.32

During the past 13 years, Kuoyang Development Co's highest Return-on-Tangible-Asset was 25.43%. The lowest was -0.29%. And the median was 1.34%.

TPE:2505's Return-on-Tangible-Asset is ranked better than
65.56% of 1800 companies
in the Real Estate industry
Industry Median: 1.75 vs TPE:2505: 3.32

Kuoyang Development Co  (TPE:2505) 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.


Kuoyang Development Co Return-on-Tangible-Asset Related Terms


Kuoyang Development Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Kuoyang Development 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.

Kuoyang Development Co Return-on-Tangible-Asset Chart

Kuoyang Development Co 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 5.22 2.85 1.72 0.96 3.98

Kuoyang Development Co 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 3.67 1.06 5.61 5.51 1.12

Kuoyang Development Co Return-on-Tangible-Asset Competitor Comparison

For the Real Estate - Development subindustry, Kuoyang Development 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.


Kuoyang Development Co Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Kuoyang Development Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Kuoyang Development Co's Return-on-Tangible-Asset falls into.


TPE:2505
60GF Score
Kuoyang Development Co Ltd TPE:2505
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kuoyang Development Co Return-on-Tangible-Asset Calculation

Kuoyang Development Co'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 )
=898.778/( (22458.24+22713.898)/ 2 )
=898.778/22586.069
=3.98 %

Kuoyang Development Co'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 )
=255.532/( (22713.898+22919.608)/ 2 )
=255.532/22816.753
=1.12 %

* 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 1.12% mean?
Kuoyang Development Co (TPE:2505) has a Return-on-Tangible-Asset of 1.12% 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 Kuoyang Development Co and its competitors. This is 16% below median its historical median of 1.34. According to the industry distribution chart, Kuoyang Development Co ranks #620 out of 1800 companies in the Real Estate industry, placing it in the top 34.4%.
Is Kuoyang Development Co's Return-on-Tangible-Asset too high?
Kuoyang Development Co's current Return-on-Tangible-Asset of 1.12% is 16% below median its 10-year median of 1.34. The Real Estate industry median Return-on-Tangible-Asset is 1.75. Kuoyang Development Co's value of 1.12% is 36% below this industry median. Based on the distribution chart, Kuoyang Development Co ranks #620 out of 1800 companies in the Real Estate industry, which is above the industry midpoint. Overall, Kuoyang Development Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kuoyang Development Co's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Kuoyang Development Co ranks #620 out of 1800 companies for Return-on-Tangible-Asset. This puts Kuoyang Development Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.75. Kuoyang Development Co's value of 1.12% is 36% below this benchmark. While the company's 10-year median is 1.34 vs. the industry median of 1.75, Kuoyang Development Co 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.75, based on 1,800 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. Kuoyang Development Co's current Return-on-Tangible-Asset of 1.12% is 36% 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 Kuoyang Development Co and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kuoyang Development Co's current Return-on-Tangible-Asset is 1.12%, which is 16% below median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuoyang Development Co stock overvalued right now?
Based on GuruFocus' analysis, Kuoyang Development Co (TPE:2505) is currently considered Possible Value Trap. The stock's GF Value™ is NT$76.46, compared to a current price of NT$17.80 — trading 76.7% below its estimated fair value. The current Return-on-Tangible-Asset is 1.12%, which is 16% below median its 10-year median of 1.34 and 36% below the Real Estate industry median of 1.75. Kuoyang Development Co's overall GF Score™ is 60/100 with 6 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 Kuoyang Development Co (TPE:2505), the current Return-on-Tangible-Asset is 1.12% 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 Kuoyang Development Co (TPE:2505) Overvalued in 2026?

Based on GuruFocus' analysis, Kuoyang Development Co stock appears to be undervalued. The current stock price of NT$17.80 is trading 76.7% below its estimated GF Value™ of NT$76.46. GuruFocus considers Kuoyang Development Co to be Possible Value Trap.

Key valuation signals for TPE:2505:

  • Return-on-Tangible-Asset: 1.12% (16% below median its 10-year median of 1.34)
  • GF Value™: NT$76.46 vs. price of NT$17.80 (76.7% below fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 36% below the Real Estate median (#620 of 1800)

No single metric tells the full story. See the TPE:2505 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kuoyang Development Co Business Description

Address No. 170, Jingmao 1st Road, 11th Floor-8, Nangang District, Taipei City, TWN
Kuoyang Development Co Ltd are engaged in the construction of public housing and the lease and sales of commercial residential buildings, industrial plants, and commercial buildings. It has four segments The Company; L1 companies; L2 companies; and Other. The company generates majority of revenue from The Company's main businesses are the construction of public housing and the lease and sales of commercial residential buildings, industrial plants, and commercial buildings. The company's project are All construction projects, Hot-selling residential projects, Hot-selling building project (factory office), Historical construction projects (high-rise buildings), and Historical Construction Projects (Villas).
60GF Score

Get the complete analysis for TPE:2505

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

NT$17.80
Price
NT$76.46
GF Value