Taiwan Mobile Co (TPE:3045) Return-on-Tangible-Asset: 12.12% (As of Mar. 2026) — Near Median

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TPE:3045 Taiwan Mobile Co Ltd TPE:3045
89 GF Score
Price NT$111.00
GF Value NT$106.94
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Taiwan Mobile Co Return-on-Tangible-Asset?

Taiwan Mobile Co TPE:3045 +0.45% 89 Return-on-Tangible-Asset is 12.12% as of Mar. 2026, which is 9% above its 10-year median of 11.16. GuruFocus rates TPE:3045 with a GF Score™ of 89/100 and a GF Value™ of NT$106.94 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,131 Retail - Cyclical companies, Taiwan Mobile Co ranks better than 84.79% 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. Taiwan Mobile Co's annualized Net Income for the quarter that ended in Mar. 2026 was NT$16,585 Mil. Taiwan Mobile Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$136,786 Mil. Therefore, Taiwan Mobile Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.12%.

The historical rank and industry rank for Taiwan Mobile Co's Return-on-Tangible-Asset or its related term are showing as below:

TPE:3045' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.76   Med: 11.16   Max: 16.53
Current: 11.07

During the past 13 years, Taiwan Mobile Co's highest Return-on-Tangible-Asset was 16.53%. The lowest was 9.76%. And the median was 11.16%.

TPE:3045's Return-on-Tangible-Asset is ranked better than
84.79% of 1131 companies
in the Retail - Cyclical industry
Industry Median: 2.91 vs TPE:3045: 11.07

Taiwan Mobile Co  (TPE:3045) 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 company’s 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 company’s 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.


Taiwan Mobile Co Return-on-Tangible-Asset Related Terms


Taiwan Mobile Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Taiwan Mobile 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.

Taiwan Mobile Co Return-on-Tangible-Asset Chart

Taiwan Mobile Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.54 9.76 9.91 10.33 10.65

Taiwan Mobile Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.83 9.81 10.83 11.60 12.12

TPE:3045 vs CASY, WSM, DKS: Return-on-Tangible-Asset Comparison

For the Specialty Retail subindustry, Taiwan Mobile 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.


Taiwan Mobile Co Return-on-Tangible-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Taiwan Mobile Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Taiwan Mobile Co's Return-on-Tangible-Asset falls into.


TPE:3045
89GF Score
Taiwan Mobile Co Ltd TPE:3045
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Mobile Co Return-on-Tangible-Asset Calculation

Taiwan Mobile Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=14437.394/( (135982.242+135137.319)/ 2 )
=14437.394/135559.7805
=10.65 %

Taiwan Mobile Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=16585.284/( (135137.319+138435.315)/ 2 )
=16585.284/136786.317
=12.12 %

* 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 12.12% mean?
Taiwan Mobile Co (TPE:3045) has a Return-on-Tangible-Asset of 12.12% 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 Taiwan Mobile Co and its competitors. This is near median its historical median of 11.16. Over the past decade, Taiwan Mobile Co's Return-on-Tangible-Asset has ranged from 9.76 to 16.53. According to the industry distribution chart, Taiwan Mobile Co ranks #172 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 15.2%.
Is Taiwan Mobile Co's Return-on-Tangible-Asset too high?
Taiwan Mobile Co's current Return-on-Tangible-Asset of 12.12% is near median its 10-year median of 11.16. Over the past 10 years, this metric has ranged from a low of 9.76 to a high of 16.53. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.91. Taiwan Mobile Co's value of 12.12% is 316.5% above this industry median. Based on the distribution chart, Taiwan Mobile Co ranks #172 out of 1131 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Mobile Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Mobile Co's Return-on-Tangible-Asset compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Taiwan Mobile Co ranks #172 out of 1131 companies for Return-on-Tangible-Asset. This places Taiwan Mobile Co in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.91. Taiwan Mobile Co's value of 12.12% is 316.5% above this benchmark. Historically, Taiwan Mobile Co's own Return-on-Tangible-Asset has ranged from 9.76 to 16.53 over the past decade. While the company's 10-year median is 11.16 vs. the industry median of 2.91, Taiwan Mobile Co 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.91, based on 1,131 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. Taiwan Mobile Co's current Return-on-Tangible-Asset of 12.12% is 316.5% 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 Taiwan Mobile Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Mobile Co's current Return-on-Tangible-Asset is 12.12%, which is near median its own 10-year median of 11.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Mobile Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Mobile Co (TPE:3045) is currently considered Fairly Valued. The stock's GF Value™ is NT$106.94, compared to a current price of NT$111.00 — trading 3.8% above its estimated fair value. The current Return-on-Tangible-Asset is 12.12%, which is near median its 10-year median of 11.16 and 316.5% above the Retail - Cyclical industry median of 2.91. Taiwan Mobile Co's overall GF Score™ is 89/100 with 6 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 Taiwan Mobile Co (TPE:3045), the current Return-on-Tangible-Asset is 12.12% 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 Taiwan Mobile Co (TPE:3045) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Mobile Co stock appears to be overvalued. The current stock price of NT$111.00 is trading 3.8% above its estimated GF Value™ of NT$106.94. GuruFocus considers Taiwan Mobile Co to be Fairly Valued.

Key valuation signals for TPE:3045:

  • Return-on-Tangible-Asset: 12.12% (near median its 10-year median of 11.16)
  • GF Value™: NT$106.94 vs. price of NT$111.00 (3.8% above fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 316.5% above the Retail - Cyclical median (#172 of 1131)

No single metric tells the full story. See the TPE:3045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Mobile Co Business Description

Address No. 88, YanChang Road, 12th Floor, Xinyi District, Taipei, TWN, 110
Taiwan Mobile Co Ltd is engaged in providing wireless communication services, the sale of mobile phones, accessories, games, ebooks, and value-added services. The reportable segments of the company are Telecommunication, Retail, Cable television and broadband, and others. The Telecommunication segment engages in providing mobile communication services, data mobile services, and fixed line services; the Retail segment in providing online shopping, TV shopping, and catalog shopping; the Cable television and broadband segment in providing pay TV and cable broadband services; and others in business other than telecommunication, retail, and cable television. The company derives the majority of its revenue from the Retail segment.
89GF Score

Get the complete analysis for TPE:3045

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$111.00
Price
NT$106.94
GF Value