Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Arch MeterTPE:4588 +3.06%65 Return-on-Tangible-Asset is 4.86% as of Mar. 2026, which is 50% below its 10-year median of 9.72. GuruFocus rates TPE:4588 with a GF Score™ of 65/100 and a GF Value™ of NT$76.30 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 3,078 Industrial Products companies, Arch Meter ranks better than 74.2% 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. Arch Meter's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$107.8 Mil. Arch Meter's average total tangible assets for the quarter that ended in Mar. 2026 was NT$2,217.3 Mil. Therefore, Arch Meter's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.86%.
The historical rank and industry rank for Arch Meter's Return-on-Tangible-Asset or its related term are showing as below:
TPE:4588'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.22 Med: 9.72 Max: 12.78
Current: 7.25
During the past 8 years, Arch Meter's highest Return-on-Tangible-Asset was 12.78%. The lowest was 0.22%. And the median was 9.72%.
TPE:4588's Return-on-Tangible-Asset is ranked better than 74.2% of 3078
companies
in the Industrial Products industry
Industry Median: 3.26
vs TPE:4588: 7.25
Arch Meter (TPE:4588) 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.
Arch Meter Return-on-Tangible-Asset Related Terms
Arch Meter Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Arch Meter'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:4588 vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Arch Meter'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.
Arch Meter Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Arch Meter's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Arch Meter'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 4.86% mean?
Arch Meter (TPE:4588) has a Return-on-Tangible-Asset of 4.86% 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 Arch Meter and its competitors. This is 50% below median its historical median of 9.72. Over the past decade, Arch Meter's Return-on-Tangible-Asset has ranged from 0.22 to 12.78. According to the industry distribution chart, Arch Meter ranks #794 out of 3078 companies in the Industrial Products industry, placing it in the top 25.8%.
Is Arch Meter's Return-on-Tangible-Asset too high?
Arch Meter's current Return-on-Tangible-Asset of 4.86% is 50% below median its 10-year median of 9.72. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 12.78. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Arch Meter's value of 4.86% is 49.1% above this industry median. Based on the distribution chart, Arch Meter ranks #794 out of 3078 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Arch Meter has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arch Meter's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Arch Meter ranks #794 out of 3078 companies for Return-on-Tangible-Asset. This puts Arch Meter in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Arch Meter's value of 4.86% is 49.1% above this benchmark. Historically, Arch Meter's own Return-on-Tangible-Asset has ranged from 0.22 to 12.78 over the past decade. While the company's 10-year median is 9.72 vs. the industry median of 3.26, Arch Meter 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. Arch Meter's current Return-on-Tangible-Asset of 4.86% is 49.1% 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 Arch Meter 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. Arch Meter's current Return-on-Tangible-Asset is 4.86%, which is 50% below median its own 10-year median of 9.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arch Meter stock overvalued right now?
Based on GuruFocus' analysis, Arch Meter (TPE:4588) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$76.30, compared to a current price of NT$50.50 — trading 33.8% below its estimated fair value. The current Return-on-Tangible-Asset is 4.86%, which is 50% below median its 10-year median of 9.72 and 49.1% above the Industrial Products industry median of 3.26. Arch Meter's overall GF Score™ is 65/100 with 7 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 Arch Meter (TPE:4588), the current Return-on-Tangible-Asset is 4.86% 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 Arch Meter (TPE:4588) Overvalued in 2026?
Based on GuruFocus' analysis, Arch Meter stock appears to be undervalued.
The current stock price of NT$50.50 is trading 33.8% below its estimated GF Value™ of NT$76.30.
GuruFocus considers Arch Meter to be Significantly Undervalued.
Key valuation signals for TPE:4588:
Return-on-Tangible-Asset: 4.86% (50% below median its 10-year median of 9.72)
GF Value™: NT$76.30 vs. price of NT$50.50 (33.8% below fair value)
Industry Position: 49.1% above the Industrial Products median (#794 of 3078)
No single metric tells the full story. See the TPE:4588 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arch Meter Corp is engaged in manufacturing and trading measuring instruments and control equipment. Its products include Embedded Instrumentation, Product Line, Electronic Energy Meter, Power Measurement Instrument, and Smart Meter IC. It operates in a single segment.
65GF Score
Get the complete analysis for TPE:4588
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:4588 has been successfully added to your 
