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King's Town Construction CoTPE:2524 -0.29%64 Return-on-Tangible-Asset is 1.33% as of Mar. 2026, which is 50% below its 10-year median of 2.67. GuruFocus rates TPE:2524 with a GF Score™ of 64/100 and a GF Value™ of NT$27.12 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,800 Real Estate companies, King's Town Construction Co ranks worse than 62.06% 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's Town Construction Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$527 Mil. King's Town Construction Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$39,725 Mil. Therefore, King's Town Construction Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.33%.
The historical rank and industry rank for King's Town Construction Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2524'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.53 Med: 2.67 Max: 7.28
Current: 0.53
During the past 13 years, King's Town Construction Co's highest Return-on-Tangible-Asset was 7.28%. The lowest was 0.53%. And the median was 2.67%.
TPE:2524's Return-on-Tangible-Asset is ranked worse than 62.06% of 1800
companies
in the Real Estate industry
Industry Median: 1.78
vs TPE:2524: 0.53
King's Town Construction Co (TPE:2524) 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's Town Construction Co Return-on-Tangible-Asset Related Terms
King's Town Construction Co Return-on-Tangible-Asset Historical Data
* 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's Town Construction Co Return-on-Tangible-Asset Chart
King's Town Construction Co Return-on-Tangible-Asset Competitor Comparison
For the Real Estate - Development subindustry, King's Town Construction 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's Town Construction Co Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, King's Town Construction Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where King's Town Construction 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 1.33% mean?
King's Town Construction Co (TPE:2524) has a Return-on-Tangible-Asset of 1.33% 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's Town Construction Co and its competitors. This is 50% below median its historical median of 2.67. Over the past decade, King's Town Construction Co's Return-on-Tangible-Asset has ranged from 0.53 to 7.28. According to the industry distribution chart, King's Town Construction Co ranks #1117 out of 1800 companies in the Real Estate industry, placing it in the top 62.1%.
Is King's Town Construction Co's Return-on-Tangible-Asset too high?
King's Town Construction Co's current Return-on-Tangible-Asset of 1.33% is 50% below median its 10-year median of 2.67. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 7.28. The Real Estate industry median Return-on-Tangible-Asset is 1.78. King's Town Construction Co's value of 1.33% is 25.3% below this industry median. Based on the distribution chart, King's Town Construction Co ranks #1117 out of 1800 companies in the Real Estate industry, which is below the industry midpoint. Overall, King's Town Construction Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does King's Town Construction Co's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, King's Town Construction Co ranks #1117 out of 1800 companies for Return-on-Tangible-Asset. This places King's Town Construction Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.78. King's Town Construction Co's value of 1.33% is 25.3% below this benchmark. Historically, King's Town Construction Co's own Return-on-Tangible-Asset has ranged from 0.53 to 7.28 over the past decade. While the company's 10-year median is 2.67 vs. the industry median of 1.78, King's Town Construction 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 1.78, 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. King's Town Construction Co's current Return-on-Tangible-Asset of 1.33% is 25.3% 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 King's Town Construction Co and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King's Town Construction Co's current Return-on-Tangible-Asset is 1.33%, which is 50% below median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King's Town Construction Co stock overvalued right now?
Based on GuruFocus' analysis, King's Town Construction Co (TPE:2524) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$27.12, compared to a current price of NT$34.95 — trading 28.9% above its estimated fair value. The current Return-on-Tangible-Asset is 1.33%, which is 50% below median its 10-year median of 2.67 and 25.3% below the Real Estate industry median of 1.78. King's Town Construction Co's overall GF Score™ is 64/100 with 8 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's Town Construction Co (TPE:2524), the current Return-on-Tangible-Asset is 1.33% 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's Town Construction Co (TPE:2524) Overvalued in 2026?
Based on GuruFocus' analysis, King's Town Construction Co stock appears to be overvalued.
The current stock price of NT$34.95 is trading 28.9% above its estimated GF Value™ of NT$27.12.
GuruFocus considers King's Town Construction Co to be Modestly Overvalued.
Key valuation signals for TPE:2524:
Return-on-Tangible-Asset: 1.33% (50% below median its 10-year median of 2.67)
GF Value™: NT$27.12 vs. price of NT$34.95 (28.9% above fair value)
Industry Position: 25.3% below the Real Estate median (#1117 of 1800)
No single metric tells the full story. See the TPE:2524 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
King's Town Construction Co Ltd is a Taiwan-based real estate company. The company is mainly engaged in residential, building development, lease, and sale, development of specific professional areas, zoning, and rezoning agency business, and tourist and hotel business. Its segments include: Construction Department; and Accommodation Department, of which maximum revenue is derived from Construction Department.
64GF Score
Get the complete analysis for TPE:2524
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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