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Global View CoTPE:3040 -1.67%76 Return-on-Tangible-Asset is 0.21% as of Dec. 2025, which is 96% below its 10-year median of 5.86. GuruFocus rates TPE:3040 with a GF Score™ of 76/100 and a GF Value™ of NT$31.32 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,501 Hardware companies, Global View Co ranks worse than 58.62% 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. Global View Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$4.1 Mil. Global View Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$1,969.8 Mil. Therefore, Global View Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.21%.
The historical rank and industry rank for Global View Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:3040'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.13 Med: 5.86 Max: 37.64
Current: 1.13
During the past 13 years, Global View Co's highest Return-on-Tangible-Asset was 37.64%. The lowest was 1.13%. And the median was 5.86%.
TPE:3040's Return-on-Tangible-Asset is ranked worse than 58.62% of 2501
companies
in the Hardware industry
Industry Median: 2.44
vs TPE:3040: 1.13
Global View Co (TPE:3040) 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.
Global View Co Return-on-Tangible-Asset Related Terms
Global View Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Global View Co'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.
TPE:3040 vs AAPL: Return-on-Tangible-Asset Comparison
For the Consumer Electronics subindustry, Global View 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.
Global View Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Global View Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Global View 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.21% mean?
Global View Co (TPE:3040) has a Return-on-Tangible-Asset of 0.21% 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 Global View Co and its competitors. This is 96% below median its historical median of 5.86. Over the past decade, Global View Co's Return-on-Tangible-Asset has ranged from 1.13 to 37.64. According to the industry distribution chart, Global View Co ranks #1466 out of 2501 companies in the Hardware industry, placing it in the top 58.6%.
Is Global View Co's Return-on-Tangible-Asset too high?
Global View Co's current Return-on-Tangible-Asset of 0.21% is 96% below median its 10-year median of 5.86. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 37.64. The Hardware industry median Return-on-Tangible-Asset is 2.44. Global View Co's value of 0.21% is 91.4% below this industry median. Based on the distribution chart, Global View Co ranks #1466 out of 2501 companies in the Hardware industry, which is below the industry midpoint. Overall, Global View Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global View Co's Return-on-Tangible-Asset compare to AAPL?
According to the Hardware industry distribution chart, Global View Co ranks #1466 out of 2501 companies for Return-on-Tangible-Asset. This places Global View Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.44. Global View Co's value of 0.21% is 91.4% below this benchmark. Historically, Global View Co's own Return-on-Tangible-Asset has ranged from 1.13 to 37.64 over the past decade. While the company's 10-year median is 5.86 vs. the industry median of 2.44, Global View 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.44, based on 2,501 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. Global View Co's current Return-on-Tangible-Asset of 0.21% is 91.4% 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 Global View Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global View Co's current Return-on-Tangible-Asset is 0.21%, which is 96% below median its own 10-year median of 5.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global View Co stock overvalued right now?
Based on GuruFocus' analysis, Global View Co (TPE:3040) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$31.32, compared to a current price of NT$35.40 — trading 13% above its estimated fair value. The current Return-on-Tangible-Asset is 0.21%, which is 96% below median its 10-year median of 5.86 and 91.4% below the Hardware industry median of 2.44. Global View Co's overall GF Score™ is 76/100 with 4 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 Global View Co (TPE:3040), the current Return-on-Tangible-Asset is 0.21% 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 Global View Co (TPE:3040) Overvalued in 2026?
Based on GuruFocus' analysis, Global View Co stock appears to be overvalued.
The current stock price of NT$35.40 is trading 13% above its estimated GF Value™ of NT$31.32.
GuruFocus considers Global View Co to be Modestly Overvalued.
Key valuation signals for TPE:3040:
Return-on-Tangible-Asset: 0.21% (96% below median its 10-year median of 5.86)
GF Value™: NT$31.32 vs. price of NT$35.40 (13% above fair value)
Industry Position: 91.4% below the Hardware median (#1466 of 2501)
No single metric tells the full story. See the TPE:3040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global View Co Ltd is a manufacturer and seller of electronic dictionaries, and a lessor of properties. The segments of the company are Computer Information Business Department and Asset Management Department. The company derives maximum revenue from Asset management Department. The company's revenue comes from sales of electronic equipments. Geographically, the company derives maximum revenue from China.
76GF Score
Get the complete analysis for TPE:3040
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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