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Daxin Materials CoTPE:5234 +0.50%80 Return-on-Tangible-Asset is 18.09% as of Jun. 2026, which is 24% above its 10-year median of 14.60. GuruFocus rates TPE:5234 with a GF Score™ of 80/100 and a GF Value™ of NT$254.68 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,618 Chemicals companies, Daxin Materials Co ranks better than 96.54% 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. Daxin Materials Co's annualizedNet Income for the quarter that ended in Jun. 2026 was NT$915 Mil. Daxin Materials Co's average total tangible assets for the quarter that ended in Jun. 2026 was NT$5,059 Mil. Therefore, Daxin Materials Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 18.09%.
The historical rank and industry rank for Daxin Materials Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:5234'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.32 Med: 14.6 Max: 17.81
Current: 17.38
During the past 13 years, Daxin Materials Co's highest Return-on-Tangible-Asset was 17.81%. The lowest was 9.32%. And the median was 14.60%.
TPE:5234's Return-on-Tangible-Asset is ranked better than 96.54% of 1618
companies
in the Chemicals industry
Industry Median: 3.62
vs TPE:5234: 17.38
Daxin Materials Co (TPE:5234) 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.
Daxin Materials Co Return-on-Tangible-Asset Related Terms
Daxin Materials Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Daxin Materials Co'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:5234 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Daxin Materials 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.
Daxin Materials Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Daxin Materials Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Daxin Materials 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 18.09% mean?
Daxin Materials Co (TPE:5234) has a Return-on-Tangible-Asset of 18.09% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Daxin Materials Co and its competitors. This is 24% above median its historical median of 14.60. Over the past decade, Daxin Materials Co's Return-on-Tangible-Asset has ranged from 9.32 to 17.81. According to the industry distribution chart, Daxin Materials Co ranks #56 out of 1618 companies in the Chemicals industry, placing it in the top 3.5%.
Is Daxin Materials Co's Return-on-Tangible-Asset too high?
Daxin Materials Co's current Return-on-Tangible-Asset of 18.09% is 24% above median its 10-year median of 14.60. Over the past 10 years, this metric has ranged from a low of 9.32 to a high of 17.81. The Chemicals industry median Return-on-Tangible-Asset is 3.62. Daxin Materials Co's value of 18.09% is 399.7% above this industry median. Based on the distribution chart, Daxin Materials Co ranks #56 out of 1618 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Daxin Materials Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daxin Materials Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Daxin Materials Co ranks #56 out of 1618 companies for Return-on-Tangible-Asset. This places Daxin Materials Co in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.62. Daxin Materials Co's value of 18.09% is 399.7% above this benchmark. Historically, Daxin Materials Co's own Return-on-Tangible-Asset has ranged from 9.32 to 17.81 over the past decade. While the company's 10-year median is 14.60 vs. the industry median of 3.62, Daxin Materials 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.62, based on 1,618 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. Daxin Materials Co's current Return-on-Tangible-Asset of 18.09% is 399.7% 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 Daxin Materials Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daxin Materials Co's current Return-on-Tangible-Asset is 18.09%, which is 24% above median its own 10-year median of 14.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daxin Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Daxin Materials Co (TPE:5234) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$254.68, compared to a current price of NT$303.50 — trading 19.2% above its estimated fair value. The current Return-on-Tangible-Asset is 18.09%, which is 24% above median its 10-year median of 14.60 and 399.7% above the Chemicals industry median of 3.62. Daxin Materials Co's overall GF Score™ is 80/100 with 1 warning sign 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 Daxin Materials Co (TPE:5234), the current Return-on-Tangible-Asset is 18.09% as of Jun. 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 Daxin Materials Co (TPE:5234) Overvalued in 2026?
Based on GuruFocus' analysis, Daxin Materials Co stock appears to be overvalued.
The current stock price of NT$303.50 is trading 19.2% above its estimated GF Value™ of NT$254.68.
GuruFocus considers Daxin Materials Co to be Modestly Overvalued.
Key valuation signals for TPE:5234:
Return-on-Tangible-Asset: 18.09% (24% above median its 10-year median of 14.60)
GF Value™: NT$254.68 vs. price of NT$303.50 (19.2% above fair value)
Industry Position: 399.7% above the Chemicals median (#56 of 1618)
No single metric tells the full story. See the TPE:5234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daxin Materials Co Ltd is engaged in the research, design, manufacture, and sale of semiconductors and display-related fine chemicals. Its product portfolio consists of Semiconductor Materials which includes Laser Release Layer, Photosensitive Dielectric/Pass, High-Purity Specialty Chemical, and High-Purity Specialty Chemical; Display Materials include LCD materials, and touch panels materials; Key Raw Materials include functional monomer, and Specialty Polymer; and Instrument analysis includes analytical equipment. Geographically, it operates in Taiwan, China, and others, with Taiwan generating the majority of the revenue.
80GF Score
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