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Far EasTone Telecommunications CoTPE:4904 +0.47%87 Return-on-Tangible-Asset is 14.04% as of Mar. 2026, which is 18% above its 10-year median of 11.85. GuruFocus rates TPE:4904 with a GF Score™ of 87/100 and a GF Value™ of NT$94.69 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 366 Telecommunication Services companies, Far EasTone Telecommunications Co ranks better than 90.98% on this metric.
The historical rank and industry rank for Far EasTone Telecommunications Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:4904'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.97 Med: 11.85 Max: 13.83
Current: 13.75
During the past 13 years, Far EasTone Telecommunications Co's highest Return-on-Tangible-Asset was 13.83%. The lowest was 9.97%. And the median was 11.85%.
TPE:4904's Return-on-Tangible-Asset is ranked better than 90.98% of 366
companies
in the Telecommunication Services industry
Industry Median: 3.43
vs TPE:4904: 13.75
Far EasTone Telecommunications Co (TPE:4904) 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.
Far EasTone Telecommunications Co Return-on-Tangible-Asset Related Terms
Far EasTone Telecommunications Co Return-on-Tangible-Asset Historical Data
* 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.
Far EasTone Telecommunications Co Return-on-Tangible-Asset Chart
TPE:4904 vs VZ, TMUS, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, Far EasTone Telecommunications 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.
Far EasTone Telecommunications Co Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Far EasTone Telecommunications Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Far EasTone Telecommunications 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 14.04% mean?
Far EasTone Telecommunications Co (TPE:4904) has a Return-on-Tangible-Asset of 14.04% 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 Far EasTone Telecommunications Co and its competitors. This is 18% above median its historical median of 11.85. Over the past decade, Far EasTone Telecommunications Co's Return-on-Tangible-Asset has ranged from 9.97 to 13.83. According to the industry distribution chart, Far EasTone Telecommunications Co ranks #33 out of 366 companies in the Telecommunication Services industry, placing it in the top 9%.
Is Far EasTone Telecommunications Co's Return-on-Tangible-Asset too high?
Far EasTone Telecommunications Co's current Return-on-Tangible-Asset of 14.04% is 18% above median its 10-year median of 11.85. Over the past 10 years, this metric has ranged from a low of 9.97 to a high of 13.83. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.43. Far EasTone Telecommunications Co's value of 14.04% is 309.3% above this industry median. Based on the distribution chart, Far EasTone Telecommunications Co ranks #33 out of 366 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Far EasTone Telecommunications Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Far EasTone Telecommunications Co's Return-on-Tangible-Asset compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Far EasTone Telecommunications Co ranks #33 out of 366 companies for Return-on-Tangible-Asset. This places Far EasTone Telecommunications Co in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.43. Far EasTone Telecommunications Co's value of 14.04% is 309.3% above this benchmark. Historically, Far EasTone Telecommunications Co's own Return-on-Tangible-Asset has ranged from 9.97 to 13.83 over the past decade. While the company's 10-year median is 11.85 vs. the industry median of 3.43, Far EasTone Telecommunications 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 a Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.43, based on 366 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. Far EasTone Telecommunications Co's current Return-on-Tangible-Asset of 14.04% is 309.3% 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 Far EasTone Telecommunications Co and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Far EasTone Telecommunications Co's current Return-on-Tangible-Asset is 14.04%, which is 18% above median its own 10-year median of 11.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far EasTone Telecommunications Co stock overvalued right now?
Based on GuruFocus' analysis, Far EasTone Telecommunications Co (TPE:4904) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$94.69, compared to a current price of NT$106.50 — trading 12.5% above its estimated fair value. The current Return-on-Tangible-Asset is 14.04%, which is 18% above median its 10-year median of 11.85 and 309.3% above the Telecommunication Services industry median of 3.43. Far EasTone Telecommunications Co's overall GF Score™ is 87/100 with 6 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 Far EasTone Telecommunications Co (TPE:4904), the current Return-on-Tangible-Asset is 14.04% 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 Far EasTone Telecommunications Co (TPE:4904) Overvalued in 2026?
Based on GuruFocus' analysis, Far EasTone Telecommunications Co stock appears to be overvalued.
The current stock price of NT$106.50 is trading 12.5% above its estimated GF Value™ of NT$94.69.
GuruFocus considers Far EasTone Telecommunications Co to be Modestly Overvalued.
Key valuation signals for TPE:4904:
Return-on-Tangible-Asset: 14.04% (18% above median its 10-year median of 11.85)
GF Value™: NT$94.69 vs. price of NT$106.50 (12.5% above fair value)
Industry Position: 309.3% above the Telecommunication Services median (#33 of 366)
No single metric tells the full story. See the TPE:4904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Far EasTone Telecommunications Co Business Description
Far EasTone Telecommunications Co Ltd is a telecommunications company. It provides mobile telecommunications services (including voice and internet services), international simple resale services, digital value-added services, sale of cellular phone equipment and accessories and enterprise information and communication integration services, etc. The company operating segments are Mobile services business, Fixed-line services business, Sales business. The company generates the vast majority of its revenue in Taiwan.
87GF Score
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