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President Chain StoreTPE:2912 +1.69%91 Return-on-Tangible-Asset is 3.30% as of Dec. 2025, which is 33% below its 10-year median of 4.94. GuruFocus rates TPE:2912 with a GF Score™ of 91/100 and a GF Value™ of NT$306.65 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 311 Retail - Defensive companies, President Chain Store ranks better than 51.77% 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. President Chain Store's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$9,236 Mil. President Chain Store's average total tangible assets for the quarter that ended in Dec. 2025 was NT$279,689 Mil. Therefore, President Chain Store's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.30%.
The historical rank and industry rank for President Chain Store's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2912'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.1 Med: 4.94 Max: 27.78
Current: 4.1
During the past 13 years, President Chain Store's highest Return-on-Tangible-Asset was 27.78%. The lowest was 4.10%. And the median was 4.94%.
TPE:2912's Return-on-Tangible-Asset is ranked better than 51.77% of 311
companies
in the Retail - Defensive industry
Industry Median: 3.85
vs TPE:2912: 4.10
President Chain Store (TPE:2912) 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.
President Chain Store Return-on-Tangible-Asset Related Terms
President Chain Store Return-on-Tangible-Asset Historical Data
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The historical data trend for President Chain Store'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.
President Chain Store Return-on-Tangible-Asset Chart
TPE:2912 vs KR, SFM: Return-on-Tangible-Asset Comparison
For the Grocery Stores subindustry, President Chain Store'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.
President Chain Store Return-on-Tangible-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, President Chain Store's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where President Chain Store'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 3.30% mean?
President Chain Store (TPE:2912) has a Return-on-Tangible-Asset of 3.30% 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 President Chain Store and its competitors. This is 33% below median its historical median of 4.94. Over the past decade, President Chain Store's Return-on-Tangible-Asset has ranged from 4.10 to 27.78. According to the industry distribution chart, President Chain Store ranks #150 out of 311 companies in the Retail - Defensive industry, placing it in the top 48.2%.
Is President Chain Store's Return-on-Tangible-Asset too high?
President Chain Store's current Return-on-Tangible-Asset of 3.30% is 33% below median its 10-year median of 4.94. Over the past 10 years, this metric has ranged from a low of 4.10 to a high of 27.78. The Retail - Defensive industry median Return-on-Tangible-Asset is 3.85. President Chain Store's value of 3.30% is 14.3% below this industry median. Based on the distribution chart, President Chain Store ranks #150 out of 311 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, President Chain Store has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does President Chain Store's Return-on-Tangible-Asset compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, President Chain Store ranks #150 out of 311 companies for Return-on-Tangible-Asset. This puts President Chain Store in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.85. President Chain Store's value of 3.30% is 14.3% below this benchmark. Historically, President Chain Store's own Return-on-Tangible-Asset has ranged from 4.10 to 27.78 over the past decade. While the company's 10-year median is 4.94 vs. the industry median of 3.85, President Chain Store 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 Retail - Defensive company?
The median Return-on-Tangible-Asset among Retail - Defensive companies is 3.85, based on 311 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. President Chain Store's current Return-on-Tangible-Asset of 3.30% is 14.3% 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 President Chain Store and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Asset is 3.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. President Chain Store's current Return-on-Tangible-Asset is 3.30%, which is 33% below median its own 10-year median of 4.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is President Chain Store stock overvalued right now?
Based on GuruFocus' analysis, President Chain Store (TPE:2912) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$306.65, compared to a current price of NT$241.00 — trading 21.4% below its estimated fair value. The current Return-on-Tangible-Asset is 3.30%, which is 33% below median its 10-year median of 4.94 and 14.3% below the Retail - Defensive industry median of 3.85. President Chain Store's overall GF Score™ is 91/100 with 5 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 President Chain Store (TPE:2912), the current Return-on-Tangible-Asset is 3.30% 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 President Chain Store (TPE:2912) Overvalued in 2026?
Based on GuruFocus' analysis, President Chain Store stock appears to be undervalued.
The current stock price of NT$241.00 is trading 21.4% below its estimated GF Value™ of NT$306.65.
GuruFocus considers President Chain Store to be Modestly Undervalued.
Key valuation signals for TPE:2912:
Return-on-Tangible-Asset: 3.30% (33% below median its 10-year median of 4.94)
GF Value™: NT$306.65 vs. price of NT$241.00 (21.4% below fair value)
Industry Position: 14.3% below the Retail - Defensive median (#150 of 311)
No single metric tells the full story. See the TPE:2912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
President Chain Store Corporation, along with its subsidiaries, is engaged in managing convenience stores, restaurants, drugstores, department stores, supermarkets, and online shopping stores under different brands. Its offerings include food, beverages, coffee, daily commodities, cosmetics and health care products. The group operates in Taiwan, Mainland China, the Philippines, and Japan. Its reportable segments are Convenience stores, Retail business group, Logistics business group, and Others. The majority of the company's revenue is derived from the Convenience Stores segment. Geographically, the company derives the maximum revenue from Taiwan, followed by other regions.
91GF Score
Get the complete analysis for TPE:2912
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