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San Shing FastechTPE:5007 83 Return-on-Tangible-Asset is 12.29% as of Mar. 2026, which is 0% above its 10-year median of 12.27. GuruFocus rates TPE:5007 with a GF Score™ of 83/100 and a GF Value™ of NT$49.25 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,077 Industrial Products companies, San Shing Fastech ranks better than 86.9% 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. San Shing Fastech's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$1,078 Mil. San Shing Fastech's average total tangible assets for the quarter that ended in Mar. 2026 was NT$8,768 Mil. Therefore, San Shing Fastech's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.29%.
The historical rank and industry rank for San Shing Fastech's Return-on-Tangible-Asset or its related term are showing as below:
TPE:5007'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.87 Med: 12.27 Max: 14.39
Current: 10.52
During the past 13 years, San Shing Fastech's highest Return-on-Tangible-Asset was 14.39%. The lowest was 7.87%. And the median was 12.27%.
TPE:5007's Return-on-Tangible-Asset is ranked better than 86.9% of 3077
companies
in the Industrial Products industry
Industry Median: 3.26
vs TPE:5007: 10.52
San Shing Fastech (TPE:5007) 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.
San Shing Fastech Return-on-Tangible-Asset Related Terms
San Shing Fastech Return-on-Tangible-Asset Historical Data
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The historical data trend for San Shing Fastech'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:5007 vs SNA, RBC, SWK: Return-on-Tangible-Asset Comparison
For the Tools & Accessories subindustry, San Shing Fastech'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.
San Shing Fastech Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, San Shing Fastech's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where San Shing Fastech'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 12.29% mean?
San Shing Fastech (TPE:5007) has a Return-on-Tangible-Asset of 12.29% 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 San Shing Fastech and its competitors. This is near median its historical median of 12.27. Over the past decade, San Shing Fastech's Return-on-Tangible-Asset has ranged from 7.87 to 14.39. According to the industry distribution chart, San Shing Fastech ranks #403 out of 3077 companies in the Industrial Products industry, placing it in the top 13.1%.
Is San Shing Fastech's Return-on-Tangible-Asset too high?
San Shing Fastech's current Return-on-Tangible-Asset of 12.29% is near median its 10-year median of 12.27. Over the past 10 years, this metric has ranged from a low of 7.87 to a high of 14.39. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. San Shing Fastech's value of 12.29% is 277% above this industry median. Based on the distribution chart, San Shing Fastech ranks #403 out of 3077 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, San Shing Fastech has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does San Shing Fastech's Return-on-Tangible-Asset compare to SNA and RBC?
According to the Industrial Products industry distribution chart, San Shing Fastech ranks #403 out of 3077 companies for Return-on-Tangible-Asset. This places San Shing Fastech in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. San Shing Fastech's value of 12.29% is 277% above this benchmark. Historically, San Shing Fastech's own Return-on-Tangible-Asset has ranged from 7.87 to 14.39 over the past decade. While the company's 10-year median is 12.27 vs. the industry median of 3.26, San Shing Fastech 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 3,077 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. San Shing Fastech's current Return-on-Tangible-Asset of 12.29% is 277% 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 San Shing Fastech 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. San Shing Fastech's current Return-on-Tangible-Asset is 12.29%, which is near median its own 10-year median of 12.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Shing Fastech stock overvalued right now?
Based on GuruFocus' analysis, San Shing Fastech (TPE:5007) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$49.25, compared to a current price of NT$56.50 — trading 14.7% above its estimated fair value. The current Return-on-Tangible-Asset is 12.29%, which is near median its 10-year median of 12.27 and 277% above the Industrial Products industry median of 3.26. San Shing Fastech's overall GF Score™ is 83/100 with 5 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 San Shing Fastech (TPE:5007), the current Return-on-Tangible-Asset is 12.29% 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 San Shing Fastech (TPE:5007) Overvalued in 2026?
Based on GuruFocus' analysis, San Shing Fastech stock appears to be overvalued.
The current stock price of NT$56.50 is trading 14.7% above its estimated GF Value™ of NT$49.25.
GuruFocus considers San Shing Fastech to be Modestly Overvalued.
Key valuation signals for TPE:5007:
Return-on-Tangible-Asset: 12.29% (near median its 10-year median of 12.27)
GF Value™: NT$49.25 vs. price of NT$56.50 (14.7% above fair value)
Industry Position: 277% above the Industrial Products median (#403 of 3077)
No single metric tells the full story. See the TPE:5007 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
San Shing Fastech Corp is engaged in the manufacturing, processing, marketing, and export of bolts, nuts, steel wires, related machinery, machinery parts, and tools. Its products include nuts, bolts (screws), washers, wire, machinery, and tooling. The Company operates through the Fastener Segment, Machine / Tooling Segment, and Other Operation Segment. The Fastener Segment, which generates maximum revenue, focuses on manufacturing and marketing of bolts, nuts, and washers, processing of wires, and heat treatment. The Machine / Tooling Segment focuses on manufacturing and marketing of toolings and machines, while the Other Operation Segment focuses on marketing of wires, investments, and other financial income and expenditure activities.
83GF Score
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