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TaiDoc TechnologyTPE:4736 -1.93%69 Return-on-Tangible-Asset is 11.78% as of Dec. 2025, which is 7% above its 10-year median of 10.98. GuruFocus rates TPE:4736 with a GF Score™ of 69/100 and a GF Value™ of NT$110.18 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 854 Medical Devices & Instruments companies, TaiDoc Technology ranks better than 86.42% 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. TaiDoc Technology's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$1,505 Mil. TaiDoc Technology's average total tangible assets for the quarter that ended in Dec. 2025 was NT$12,782 Mil. Therefore, TaiDoc Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 11.78%.
The historical rank and industry rank for TaiDoc Technology's Return-on-Tangible-Asset or its related term are showing as below:
TPE:4736'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.65 Med: 10.98 Max: 28.9
Current: 11.55
During the past 13 years, TaiDoc Technology's highest Return-on-Tangible-Asset was 28.90%. The lowest was 7.65%. And the median was 10.98%.
TPE:4736's Return-on-Tangible-Asset is ranked better than 86.42% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 0.665
vs TPE:4736: 11.55
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.
TaiDoc Technology Return-on-Tangible-Asset Related Terms
TaiDoc Technology Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for TaiDoc Technology'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:4736 vs ABT, SYK, MDT: Return-on-Tangible-Asset Comparison
For the Medical Devices subindustry, TaiDoc Technology'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.
TaiDoc Technology Return-on-Tangible-Asset vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, TaiDoc Technology's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where TaiDoc Technology'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 11.78% mean?
TaiDoc Technology (TPE:4736) has a Return-on-Tangible-Asset of 11.78% 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 TaiDoc Technology and its competitors. This is near median its historical median of 10.98. Over the past decade, TaiDoc Technology's Return-on-Tangible-Asset has ranged from 7.65 to 28.90. According to the industry distribution chart, TaiDoc Technology ranks #116 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 13.6%.
Is TaiDoc Technology's Return-on-Tangible-Asset too high?
TaiDoc Technology's current Return-on-Tangible-Asset of 11.78% is near median its 10-year median of 10.98. Over the past 10 years, this metric has ranged from a low of 7.65 to a high of 28.90. The Medical Devices & Instruments industry median Return-on-Tangible-Asset is 0.67. TaiDoc Technology's value of 11.78% is 1671.4% above this industry median. Based on the distribution chart, TaiDoc Technology ranks #116 out of 854 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, TaiDoc Technology has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TaiDoc Technology's Return-on-Tangible-Asset compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, TaiDoc Technology ranks #116 out of 854 companies for Return-on-Tangible-Asset. This places TaiDoc Technology in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.67. TaiDoc Technology's value of 11.78% is 1671.4% above this benchmark. Historically, TaiDoc Technology's own Return-on-Tangible-Asset has ranged from 7.65 to 28.90 over the past decade. While the company's 10-year median is 10.98 vs. the industry median of 0.67, TaiDoc Technology 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Asset among Medical Devices & Instruments companies is 0.67, based on 854 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. TaiDoc Technology's current Return-on-Tangible-Asset of 11.78% is 1671.4% 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 TaiDoc Technology and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Asset is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TaiDoc Technology's current Return-on-Tangible-Asset is 11.78%, which is near median its own 10-year median of 10.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TaiDoc Technology stock overvalued right now?
Based on GuruFocus' analysis, TaiDoc Technology (TPE:4736) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$110.18, compared to a current price of NT$127.00 — trading 15.3% above its estimated fair value. The current Return-on-Tangible-Asset is 11.78%, which is near median its 10-year median of 10.98 and 1671.4% above the Medical Devices & Instruments industry median of 0.67. TaiDoc Technology's overall GF Score™ is 69/100 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 TaiDoc Technology (TPE:4736), the current Return-on-Tangible-Asset is 11.78% 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 TaiDoc Technology (TPE:4736) Overvalued in 2026?
Based on GuruFocus' analysis, TaiDoc Technology stock appears to be overvalued.
The current stock price of NT$127.00 is trading 15.3% above its estimated GF Value™ of NT$110.18.
GuruFocus considers TaiDoc Technology to be Modestly Overvalued.
Key valuation signals for TPE:4736:
Return-on-Tangible-Asset: 11.78% (near median its 10-year median of 10.98)
GF Value™: NT$110.18 vs. price of NT$127.00 (15.3% above fair value)
Industry Position: 1671.4% above the Medical Devices & Instruments median (#116 of 854)
No single metric tells the full story. See the TPE:4736 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TaiDoc Technology Corp is engaged in the research and development, manufacture, and sales of various electronics components and medical devices. Its products and services include In Vitro Diagnostic, Medical Device, and TeleHealth. It has three segments: Manufacturing of Medical Devices, Precision Finishing Division, and Sales of Medical Devices. It derives the majority of its revenue from the Manufacturing of Medical Devices. Geographically, the company derives its key revenue from Europe and the rest from the Americas, the Middle East, Asia, Taiwan, and others.
69GF Score
Get the complete analysis for TPE:4736
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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