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Ta Liang Technology CoTPE:3167 -9.98%59 Return-on-Tangible-Asset is 11.86% as of Dec. 2025, which is 73% above its 10-year median of 6.85. GuruFocus rates TPE:3167 with a GF Score™ of 59/100 and a GF Value™ of NT$231.44 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,078 Industrial Products companies, Ta Liang Technology Co ranks better than 87.65% 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. Ta Liang Technology Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$945 Mil. Ta Liang Technology Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$7,963 Mil. Therefore, Ta Liang Technology Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 11.86%.
The historical rank and industry rank for Ta Liang Technology Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:3167'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.28 Med: 6.85 Max: 10.82
Current: 10.82
During the past 13 years, Ta Liang Technology Co's highest Return-on-Tangible-Asset was 10.82%. The lowest was 0.28%. And the median was 6.85%.
TPE:3167's Return-on-Tangible-Asset is ranked better than 87.65% of 3078
companies
in the Industrial Products industry
Industry Median: 3.26
vs TPE:3167: 10.82
Ta Liang Technology Co (TPE:3167) 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.
Ta Liang Technology Co Return-on-Tangible-Asset Related Terms
Ta Liang Technology Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ta Liang Technology 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.
Ta Liang Technology Co Return-on-Tangible-Asset Chart
TPE:3167 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Ta Liang Technology 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.
Ta Liang Technology Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ta Liang Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ta Liang Technology 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 11.86% mean?
Ta Liang Technology Co (TPE:3167) has a Return-on-Tangible-Asset of 11.86% 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 Ta Liang Technology Co and its competitors. This is 73% above median its historical median of 6.85. Over the past decade, Ta Liang Technology Co's Return-on-Tangible-Asset has ranged from 0.28 to 10.82. According to the industry distribution chart, Ta Liang Technology Co ranks #380 out of 3078 companies in the Industrial Products industry, placing it in the top 12.3%.
Is Ta Liang Technology Co's Return-on-Tangible-Asset too high?
Ta Liang Technology Co's current Return-on-Tangible-Asset of 11.86% is 73% above median its 10-year median of 6.85. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 10.82. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Ta Liang Technology Co's value of 11.86% is 263.8% above this industry median. Based on the distribution chart, Ta Liang Technology Co ranks #380 out of 3078 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ta Liang Technology Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ta Liang Technology Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Ta Liang Technology Co ranks #380 out of 3078 companies for Return-on-Tangible-Asset. This places Ta Liang Technology Co in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. Ta Liang Technology Co's value of 11.86% is 263.8% above this benchmark. Historically, Ta Liang Technology Co's own Return-on-Tangible-Asset has ranged from 0.28 to 10.82 over the past decade. While the company's 10-year median is 6.85 vs. the industry median of 3.26, Ta Liang Technology 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,078 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. Ta Liang Technology Co's current Return-on-Tangible-Asset of 11.86% is 263.8% 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 Ta Liang Technology Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ta Liang Technology Co's current Return-on-Tangible-Asset is 11.86%, which is 73% above median its own 10-year median of 6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta Liang Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ta Liang Technology Co (TPE:3167) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$231.44, compared to a current price of NT$482.50 — trading 108.5% above its estimated fair value. The current Return-on-Tangible-Asset is 11.86%, which is 73% above median its 10-year median of 6.85 and 263.8% above the Industrial Products industry median of 3.26. Ta Liang Technology Co's overall GF Score™ is 59/100 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 Ta Liang Technology Co (TPE:3167), the current Return-on-Tangible-Asset is 11.86% 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 Ta Liang Technology Co (TPE:3167) Overvalued in 2026?
Based on GuruFocus' analysis, Ta Liang Technology Co stock appears to be overvalued.
The current stock price of NT$482.50 is trading 108.5% above its estimated GF Value™ of NT$231.44.
GuruFocus considers Ta Liang Technology Co to be Significantly Overvalued.
Key valuation signals for TPE:3167:
Return-on-Tangible-Asset: 11.86% (73% above median its 10-year median of 6.85)
GF Value™: NT$231.44 vs. price of NT$482.50 (108.5% above fair value)
Industry Position: 263.8% above the Industrial Products median (#380 of 3078)
No single metric tells the full story. See the TPE:3167 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ta Liang Technology Co Ltd is a manufacturer and seller of machine design and mold design. It is engaged in the manufacturing of PCB (Printed Circuit Board) equipment and CNC (Computer Numerically Controlled) engraving and milling machines. The main income of the company and its subsidiaries comes from the design, manufacturing, and processing of various CNC machinery and equipment for customers. It provides PCB molding, drilling, sheet cutting, glass panel processing, and other special machinery. Its products include PCB routing machines, PCB drilling machines, and resin panel cutters. Geographically, it operates in Taiwan, China, Vietnam, USA, Thailand, Korea and Other Countries.
59GF Score
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