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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. TCM Biotech International's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$-105.4 Mil. TCM Biotech International's average total tangible assets for the quarter that ended in Mar. 2026 was NT$1,219.7 Mil. Therefore, TCM Biotech International's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -8.64%.
The historical rank and industry rank for TCM Biotech International's Return-on-Tangible-Asset or its related term are showing as below:
TPE:4169'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.15 Med: 1.99 Max: 5.2
Current: -1.15
During the past 13 years, TCM Biotech International's highest Return-on-Tangible-Asset was 5.20%. The lowest was -1.15%. And the median was 1.99%.
TPE:4169's Return-on-Tangible-Asset is ranked better than 79.22% of 1410
companies
in the Biotechnology industry
Industry Median: -35.87
vs TPE:4169: -1.15
TCM Biotech International (TPE:4169) 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.
TCM Biotech International Return-on-Tangible-Asset Related Terms
TCM Biotech International Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for TCM Biotech International'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.
TCM Biotech International Return-on-Tangible-Asset Chart
TPE:4169 vs VRTX, REGN, RVMD: Return-on-Tangible-Asset Comparison
For the Biotechnology subindustry, TCM Biotech International'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.
TCM Biotech International Return-on-Tangible-Asset vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, TCM Biotech International's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where TCM Biotech International'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 -8.64% mean?
TCM Biotech International (TPE:4169) has a Return-on-Tangible-Asset of -8.64% 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 TCM Biotech International and its competitors. According to the industry distribution chart, TCM Biotech International ranks #293 out of 1410 companies in the Biotechnology industry, placing it in the top 20.8%.
Is TCM Biotech International's Return-on-Tangible-Asset too high?
TCM Biotech International's current Return-on-Tangible-Asset is -8.64%. Based on the distribution chart, TCM Biotech International ranks #293 out of 1410 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, TCM Biotech International has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TCM Biotech International's Return-on-Tangible-Asset compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, TCM Biotech International ranks #293 out of 1410 companies for Return-on-Tangible-Asset. This places TCM Biotech International in the top 21% of its industry — outperforming the majority of peers. 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 Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 TCM Biotech International and its competitors. TCM Biotech International's current Return-on-Tangible-Asset is -8.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM Biotech International stock overvalued right now?
Based on GuruFocus' analysis, TCM Biotech International (TPE:4169) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$42.31, compared to a current price of NT$157.00 — trading 271.1% above its estimated fair value. The current Return-on-Tangible-Asset is -8.64%. TCM Biotech International's overall GF Score™ is 52/100 with 3 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 TCM Biotech International (TPE:4169), the current Return-on-Tangible-Asset is -8.64% 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 TCM Biotech International (TPE:4169) Overvalued in 2026?
Based on GuruFocus' analysis, TCM Biotech International stock appears to be overvalued.
The current stock price of NT$157.00 is trading 271.1% above its estimated GF Value™ of NT$42.31.
GuruFocus considers TCM Biotech International to be Significantly Overvalued.
Key valuation signals for TPE:4169:
Return-on-Tangible-Asset: -8.64%
GF Value™: NT$42.31 vs. price of NT$157.00 (271.1% above fair value)
No single metric tells the full story. See the TPE:4169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCM Biotech International Corp is a Taiwan based biotechnology company. It is engaged in research and development of new biotech drugs, development of microbial strain cultivation and fermentation technology, biotechnology services, wholesale of medical equipment, and sales of functional foods. Its products includes medical equipment, medical testing platform, medical drugs, and others. The Group has two reportable segments: Segment A and Segment B. Segment A is the functional foods segment, while Segment B is the pharmaceuticals segment. It derives maximum revenue from pharmaceuticals segment. Geographically, the company operates in Taiwan and Other countries, of which it generates maximum revenue from Taiwan.
52GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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