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Apex DynamicsTPE:4583 -3.56%81 Return-on-Tangible-Asset is 10.20% as of Mar. 2026, which is 2% above its 10-year median of 10.01. GuruFocus rates TPE:4583 with a GF Score™ of 81/100 and a GF Value™ of NT$675.24 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 3,079 Industrial Products companies, Apex Dynamics ranks better than 79.57% 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. Apex Dynamics's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$1,142 Mil. Apex Dynamics's average total tangible assets for the quarter that ended in Mar. 2026 was NT$11,195 Mil. Therefore, Apex Dynamics's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.20%.
The historical rank and industry rank for Apex Dynamics's Return-on-Tangible-Asset or its related term are showing as below:
TPE:4583'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.01 Med: 10.01 Max: 12.57
Current: 8.26
During the past 10 years, Apex Dynamics's highest Return-on-Tangible-Asset was 12.57%. The lowest was 8.01%. And the median was 10.01%.
TPE:4583's Return-on-Tangible-Asset is ranked better than 79.57% of 3079
companies
in the Industrial Products industry
Industry Median: 3.28
vs TPE:4583: 8.26
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.
Apex Dynamics Return-on-Tangible-Asset Related Terms
Apex Dynamics Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Apex Dynamics'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:4583 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Apex Dynamics'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.
Apex Dynamics Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Apex Dynamics's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Apex Dynamics'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 10.20% mean?
Apex Dynamics (TPE:4583) has a Return-on-Tangible-Asset of 10.20% 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 Apex Dynamics and its competitors. This is near median its historical median of 10.01. Over the past decade, Apex Dynamics' Return-on-Tangible-Asset has ranged from 8.01 to 12.57. According to the industry distribution chart, Apex Dynamics ranks #629 out of 3079 companies in the Industrial Products industry, placing it in the top 20.4%.
Is Apex Dynamics' Return-on-Tangible-Asset too high?
Apex Dynamics' current Return-on-Tangible-Asset of 10.20% is near median its 10-year median of 10.01. Over the past 10 years, this metric has ranged from a low of 8.01 to a high of 12.57. The Industrial Products industry median Return-on-Tangible-Asset is 3.28. Apex Dynamics' value of 10.20% is 211% above this industry median. Based on the distribution chart, Apex Dynamics ranks #629 out of 3079 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Apex Dynamics has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apex Dynamics' Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Apex Dynamics ranks #629 out of 3079 companies for Return-on-Tangible-Asset. This places Apex Dynamics in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.28. Apex Dynamics' value of 10.20% is 211% above this benchmark. Historically, Apex Dynamics' own Return-on-Tangible-Asset has ranged from 8.01 to 12.57 over the past decade. While the company's 10-year median is 10.01 vs. the industry median of 3.28, Apex Dynamics 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 3.28, based on 3,079 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. Apex Dynamics's current Return-on-Tangible-Asset of 10.20% is 211% 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 Apex Dynamics and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Dynamics's current Return-on-Tangible-Asset is 10.20%, which is near median its own 10-year median of 10.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Dynamics stock overvalued right now?
Based on GuruFocus' analysis, Apex Dynamics (TPE:4583) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$675.24, compared to a current price of NT$569.00 — trading 15.7% below its estimated fair value. The current Return-on-Tangible-Asset is 10.20%, which is near median its 10-year median of 10.01 and 211% above the Industrial Products industry median of 3.28. Apex Dynamics' overall GF Score™ is 81/100 with 2 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 Apex Dynamics (TPE:4583), the current Return-on-Tangible-Asset is 10.20% 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 Apex Dynamics (TPE:4583) Overvalued in 2026?
Based on GuruFocus' analysis, Apex Dynamics stock appears to be undervalued.
The current stock price of NT$569.00 is trading 15.7% below its estimated GF Value™ of NT$675.24.
GuruFocus considers Apex Dynamics to be Modestly Undervalued.
Key valuation signals for TPE:4583:
Return-on-Tangible-Asset: 10.20% (near median its 10-year median of 10.01)
GF Value™: NT$675.24 vs. price of NT$569.00 (15.7% below fair value)
Industry Position: 211% above the Industrial Products median (#629 of 3079)
No single metric tells the full story. See the TPE:4583 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apex Dynamics Inc is engaged in the manufacture of mechanical transmission components such as precision gearboxes and Mechanical Drive System Accessories. Its product portfolio includes gearbox, rack & pinion, coupling, and smart lubrication. It has two reportable business departments, the precision machinery department and the restaurant and travel service department. The precision machinery segment is engaged in the production and sales of precision gearbox and automatic control equipment manufacturing. The catering service department is engaged in hotel housing service and the catering business. It derives the majority of revenue from the precision machinery segment.
81GF Score
Get the complete analysis for TPE:4583
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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