Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Formosa International HotelsTPE:2707 +1.41%91 Return-on-Tangible-Asset is 27.82% as of Mar. 2026, which is 100% above its 10-year median of 13.91. GuruFocus rates TPE:2707 with a GF Score™ of 91/100 and a GF Value™ of NT$216.19 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 857 Travel & Leisure companies, Formosa International Hotels ranks better than 93.47% on this metric.
The historical rank and industry rank for Formosa International Hotels's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2707'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.94 Med: 13.91 Max: 20.06
Current: 17.72
During the past 13 years, Formosa International Hotels's highest Return-on-Tangible-Asset was 20.06%. The lowest was 5.94%. And the median was 13.91%.
TPE:2707's Return-on-Tangible-Asset is ranked better than 93.47% of 857
companies
in the Travel & Leisure industry
Industry Median: 2.8
vs TPE:2707: 17.72
Formosa International Hotels (TPE:2707) 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.
Formosa International Hotels Return-on-Tangible-Asset Related Terms
Formosa International Hotels 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.
Formosa International Hotels Return-on-Tangible-Asset Chart
TPE:2707 vs MAR, HLT, H: Return-on-Tangible-Asset Comparison
For the Lodging subindustry, Formosa International Hotels'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.
Formosa International Hotels Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Formosa International Hotels's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Formosa International Hotels'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 27.82% mean?
Formosa International Hotels (TPE:2707) has a Return-on-Tangible-Asset of 27.82% 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 Formosa International Hotels and its competitors. This is 100% above median its historical median of 13.91. Over the past decade, Formosa International Hotels' Return-on-Tangible-Asset has ranged from 5.94 to 20.06. According to the industry distribution chart, Formosa International Hotels ranks #56 out of 857 companies in the Travel & Leisure industry, placing it in the top 6.5%.
Is Formosa International Hotels' Return-on-Tangible-Asset too high?
Formosa International Hotels' current Return-on-Tangible-Asset of 27.82% is 100% above median its 10-year median of 13.91. Over the past 10 years, this metric has ranged from a low of 5.94 to a high of 20.06. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.80. Formosa International Hotels' value of 27.82% is 893.6% above this industry median. Based on the distribution chart, Formosa International Hotels ranks #56 out of 857 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Formosa International Hotels has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Formosa International Hotels' Return-on-Tangible-Asset compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Formosa International Hotels ranks #56 out of 857 companies for Return-on-Tangible-Asset. This places Formosa International Hotels in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.80. Formosa International Hotels' value of 27.82% is 893.6% above this benchmark. Historically, Formosa International Hotels' own Return-on-Tangible-Asset has ranged from 5.94 to 20.06 over the past decade. While the company's 10-year median is 13.91 vs. the industry median of 2.80, Formosa International Hotels 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.80, based on 857 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. Formosa International Hotels's current Return-on-Tangible-Asset of 27.82% is 893.6% 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 Formosa International Hotels and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosa International Hotels's current Return-on-Tangible-Asset is 27.82%, which is 100% above median its own 10-year median of 13.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa International Hotels stock overvalued right now?
Based on GuruFocus' analysis, Formosa International Hotels (TPE:2707) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$216.19, compared to a current price of NT$179.50 — trading 17% below its estimated fair value. The current Return-on-Tangible-Asset is 27.82%, which is 100% above median its 10-year median of 13.91 and 893.6% above the Travel & Leisure industry median of 2.80. Formosa International Hotels' overall GF Score™ is 91/100 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 Formosa International Hotels (TPE:2707), the current Return-on-Tangible-Asset is 27.82% 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 Formosa International Hotels (TPE:2707) Overvalued in 2026?
Based on GuruFocus' analysis, Formosa International Hotels stock appears to be undervalued.
The current stock price of NT$179.50 is trading 17% below its estimated GF Value™ of NT$216.19.
GuruFocus considers Formosa International Hotels to be Modestly Undervalued.
Key valuation signals for TPE:2707:
Return-on-Tangible-Asset: 27.82% (100% above median its 10-year median of 13.91)
GF Value™: NT$216.19 vs. price of NT$179.50 (17% below fair value)
Industry Position: 893.6% above the Travel & Leisure median (#56 of 857)
No single metric tells the full story. See the TPE:2707 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosa International Hotels Corp is engaged in the operation of international tourist hotels. The Group also operates Chinese and Western restaurants, cafes, bars, conference halls, and related facilities, and provides consulting services for hotel management as well as consultation and diagnostic analysis for various types of leisure industry facilities. Its operations are organized into four business segments: Room/Accommodation, Food and Beverage, Rental, and Operation Management. The Group's revenue is mainly derived from its hotel and restaurant operations.
91GF Score
Get the complete analysis for TPE:2707
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2707 has been successfully added to your 
