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Evergreen Aviation TechnologiesTPE:2645 -3.30%69 Return-on-Tangible-Asset is 8.40% as of Dec. 2025, which is 29% above its 10-year median of 6.53. GuruFocus rates TPE:2645 with a GF Score™ of 69/100 and a GF Value™ of NT$140.56 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 361 Aerospace & Defense companies, Evergreen Aviation Technologies ranks better than 80.06% on this metric.
The historical rank and industry rank for Evergreen Aviation Technologies's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2645'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.81 Med: 6.53 Max: 8.8
Current: 8.77
During the past 8 years, Evergreen Aviation Technologies's highest Return-on-Tangible-Asset was 8.80%. The lowest was 3.81%. And the median was 6.53%.
TPE:2645's Return-on-Tangible-Asset is ranked better than 80.06% of 361
companies
in the Aerospace & Defense industry
Industry Median: 3.03
vs TPE:2645: 8.77
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.
Evergreen Aviation Technologies Return-on-Tangible-Asset Related Terms
Evergreen Aviation Technologies 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.
TPE:2645 vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Evergreen Aviation Technologies'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.
Evergreen Aviation Technologies Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Evergreen Aviation Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Evergreen Aviation Technologies'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 8.40% mean?
Evergreen Aviation Technologies (TPE:2645) has a Return-on-Tangible-Asset of 8.40% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Evergreen Aviation Technologies and its competitors. This is 29% above median its historical median of 6.53. Over the past decade, Evergreen Aviation Technologies' Return-on-Tangible-Asset has ranged from 3.81 to 8.80. According to the industry distribution chart, Evergreen Aviation Technologies ranks #72 out of 361 companies in the Aerospace & Defense industry, placing it in the top 19.9%.
Is Evergreen Aviation Technologies' Return-on-Tangible-Asset too high?
Evergreen Aviation Technologies' current Return-on-Tangible-Asset of 8.40% is 29% above median its 10-year median of 6.53. Over the past 10 years, this metric has ranged from a low of 3.81 to a high of 8.80. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.03. Evergreen Aviation Technologies' value of 8.40% is 177.2% above this industry median. Based on the distribution chart, Evergreen Aviation Technologies ranks #72 out of 361 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Evergreen Aviation Technologies has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evergreen Aviation Technologies' Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Evergreen Aviation Technologies ranks #72 out of 361 companies for Return-on-Tangible-Asset. This places Evergreen Aviation Technologies in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.03. Evergreen Aviation Technologies' value of 8.40% is 177.2% above this benchmark. Historically, Evergreen Aviation Technologies' own Return-on-Tangible-Asset has ranged from 3.81 to 8.80 over the past decade. While the company's 10-year median is 6.53 vs. the industry median of 3.03, Evergreen Aviation Technologies 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 Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.03, based on 361 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. Evergreen Aviation Technologies's current Return-on-Tangible-Asset of 8.40% is 177.2% 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 Evergreen Aviation Technologies and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evergreen Aviation Technologies's current Return-on-Tangible-Asset is 8.40%, which is 29% above median its own 10-year median of 6.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Aviation Technologies stock overvalued right now?
Based on GuruFocus' analysis, Evergreen Aviation Technologies (TPE:2645) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$140.56, compared to a current price of NT$176.00 — trading 25.2% above its estimated fair value. The current Return-on-Tangible-Asset is 8.40%, which is 29% above median its 10-year median of 6.53 and 177.2% above the Aerospace & Defense industry median of 3.03. Evergreen Aviation Technologies' overall GF Score™ is 69/100 with 1 warning sign 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 Evergreen Aviation Technologies (TPE:2645), the current Return-on-Tangible-Asset is 8.40% as of Dec. 2025. 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 Evergreen Aviation Technologies (TPE:2645) Overvalued in 2026?
Based on GuruFocus' analysis, Evergreen Aviation Technologies stock appears to be overvalued.
The current stock price of NT$176.00 is trading 25.2% above its estimated GF Value™ of NT$140.56.
GuruFocus considers Evergreen Aviation Technologies to be Modestly Overvalued.
Key valuation signals for TPE:2645:
Return-on-Tangible-Asset: 8.40% (29% above median its 10-year median of 6.53)
GF Value™: NT$140.56 vs. price of NT$176.00 (25.2% above fair value)
Industry Position: 177.2% above the Aerospace & Defense median (#72 of 361)
No single metric tells the full story. See the TPE:2645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evergreen Aviation Technologies Business Description
Evergreen Aviation Technologies Corp activities are maintenance, repair and overhaul of airframes, aircraft engines and accessories; manufacture, conversion and sale of airframes and engine parts; technical and management consulting for the preceding items; import and export of the preceding items; civil aviation personnel training; and airport ground handling service. It has two reportable segments Maintenance segment: maintenance of airframes, aircraft engines and accessories; and Manufacturing segment: manufacturing, processing and selling of aircraft engines and accessories. It generates majority of revenue from Maintenance segment. It has presence in Taiwan, Asia, North America, and Europe. The company generates majority of revenue from Taiwan.
69GF 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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