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Wan Hai LinesTPE:2615 -0.81%77 Return-on-Tangible-Asset is 7.40% as of Mar. 2026, which is 23% above its 10-year median of 6.01. GuruFocus rates TPE:2615 with a GF Score™ of 77/100 and a GF Value™ of NT$72.82 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,009 Transportation companies, Wan Hai Lines ranks better than 76.21% 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. Wan Hai Lines's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$30,686 Mil. Wan Hai Lines's average total tangible assets for the quarter that ended in Mar. 2026 was NT$414,604 Mil. Therefore, Wan Hai Lines's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.40%.
The historical rank and industry rank for Wan Hai Lines's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2615'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.66 Med: 6.01 Max: 56.45
Current: 7.46
During the past 13 years, Wan Hai Lines's highest Return-on-Tangible-Asset was 56.45%. The lowest was -1.66%. And the median was 6.01%.
TPE:2615's Return-on-Tangible-Asset is ranked better than 76.21% of 1009
companies
in the Transportation industry
Industry Median: 3.75
vs TPE:2615: 7.46
Wan Hai Lines (TPE:2615) 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.
Wan Hai Lines Return-on-Tangible-Asset Related Terms
Wan Hai Lines Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Wan Hai Lines'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.
Wan Hai Lines Return-on-Tangible-Asset Competitor Comparison
For the Marine Shipping subindustry, Wan Hai Lines'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.
Wan Hai Lines Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Wan Hai Lines's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Wan Hai Lines'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 7.40% mean?
Wan Hai Lines (TPE:2615) has a Return-on-Tangible-Asset of 7.40% 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 Wan Hai Lines and its competitors. This is 23% above median its historical median of 6.01. According to the industry distribution chart, Wan Hai Lines ranks #240 out of 1009 companies in the Transportation industry, placing it in the top 23.8%.
Is Wan Hai Lines' Return-on-Tangible-Asset too high?
Wan Hai Lines' current Return-on-Tangible-Asset of 7.40% is 23% above median its 10-year median of 6.01. The Transportation industry median Return-on-Tangible-Asset is 3.75. Wan Hai Lines' value of 7.40% is 97.3% above this industry median. Based on the distribution chart, Wan Hai Lines ranks #240 out of 1009 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Wan Hai Lines has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wan Hai Lines' Return-on-Tangible-Asset compare to competitors?
According to the Transportation industry distribution chart, Wan Hai Lines ranks #240 out of 1009 companies for Return-on-Tangible-Asset. This places Wan Hai Lines in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.75. Wan Hai Lines' value of 7.40% is 97.3% above this benchmark. While the company's 10-year median is 6.01 vs. the industry median of 3.75, Wan Hai Lines 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.75, based on 1,009 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. Wan Hai Lines's current Return-on-Tangible-Asset of 7.40% is 97.3% 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 Wan Hai Lines and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wan Hai Lines's current Return-on-Tangible-Asset is 7.40%, which is 23% above median its own 10-year median of 6.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wan Hai Lines stock overvalued right now?
Based on GuruFocus' analysis, Wan Hai Lines (TPE:2615) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$72.82, compared to a current price of NT$85.40 — trading 17.3% above its estimated fair value. The current Return-on-Tangible-Asset is 7.40%, which is 23% above median its 10-year median of 6.01 and 97.3% above the Transportation industry median of 3.75. Wan Hai Lines' overall GF Score™ is 77/100 with 7 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 Wan Hai Lines (TPE:2615), the current Return-on-Tangible-Asset is 7.40% 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 Wan Hai Lines (TPE:2615) Overvalued in 2026?
Based on GuruFocus' analysis, Wan Hai Lines stock appears to be overvalued.
The current stock price of NT$85.40 is trading 17.3% above its estimated GF Value™ of NT$72.82.
GuruFocus considers Wan Hai Lines to be Modestly Overvalued.
Key valuation signals for TPE:2615:
Return-on-Tangible-Asset: 7.40% (23% above median its 10-year median of 6.01)
GF Value™: NT$72.82 vs. price of NT$85.40 (17.3% above fair value)
Industry Position: 97.3% above the Transportation median (#240 of 1009)
No single metric tells the full story. See the TPE:2615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wan Hai Lines Ltd is a transportation and logistics company domiciled in Taiwan. The company develops and operates terminals, container yards, and warehouses, and provides container shipping services through its fleet of vessels. Besides, the company constructs and maintains cargo containers, provides container loading and unloading services, and constructs and maintains ships. The company generates the majority of its revenue from Freight, Rentals, followed by WHL Terminals and Other services in geographical regions that include Asia, followed by India, the Middle East, America and the Red Sea.
77GF Score
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