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KMC (Kuei Meng) InternationalTPE:5306 +0.45%67 Return-on-Tangible-Asset is 5.84% as of Dec. 2025, which is 51% below its 10-year median of 11.88. GuruFocus rates TPE:5306 with a GF Score™ of 67/100 and a GF Value™ of NT$117.91 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,331 Vehicles & Parts companies, KMC (Kuei Meng) International ranks better than 81.14% on this metric.
The historical rank and industry rank for KMC (Kuei Meng) International's Return-on-Tangible-Asset or its related term are showing as below:
TPE:5306'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.89 Med: 11.88 Max: 21.12
Current: 8.09
During the past 13 years, KMC (Kuei Meng) International's highest Return-on-Tangible-Asset was 21.12%. The lowest was 6.89%. And the median was 11.88%.
TPE:5306's Return-on-Tangible-Asset is ranked better than 81.14% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 3.16
vs TPE:5306: 8.09
KMC (Kuei Meng) International (TPE:5306) 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.
KMC (Kuei Meng) International Return-on-Tangible-Asset Related Terms
KMC (Kuei Meng) International 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.
KMC (Kuei Meng) International Return-on-Tangible-Asset Chart
TPE:5306 vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, KMC (Kuei Meng) International'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.
KMC (Kuei Meng) International Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, KMC (Kuei Meng) International's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where KMC (Kuei Meng) International'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 5.84% mean?
KMC (Kuei Meng) International (TPE:5306) has a Return-on-Tangible-Asset of 5.84% 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 KMC (Kuei Meng) International and its competitors. This is 51% below median its historical median of 11.88. Over the past decade, KMC (Kuei Meng) International's Return-on-Tangible-Asset has ranged from 6.89 to 21.12. According to the industry distribution chart, KMC (Kuei Meng) International ranks #251 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 18.9%.
Is KMC (Kuei Meng) International's Return-on-Tangible-Asset too high?
KMC (Kuei Meng) International's current Return-on-Tangible-Asset of 5.84% is 51% below median its 10-year median of 11.88. Over the past 10 years, this metric has ranged from a low of 6.89 to a high of 21.12. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.16. KMC (Kuei Meng) International's value of 5.84% is 84.8% above this industry median. Based on the distribution chart, KMC (Kuei Meng) International ranks #251 out of 1331 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, KMC (Kuei Meng) International has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KMC (Kuei Meng) International's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, KMC (Kuei Meng) International ranks #251 out of 1331 companies for Return-on-Tangible-Asset. This places KMC (Kuei Meng) International in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.16. KMC (Kuei Meng) International's value of 5.84% is 84.8% above this benchmark. Historically, KMC (Kuei Meng) International's own Return-on-Tangible-Asset has ranged from 6.89 to 21.12 over the past decade. While the company's 10-year median is 11.88 vs. the industry median of 3.16, KMC (Kuei Meng) International 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.16, based on 1,331 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. KMC (Kuei Meng) International's current Return-on-Tangible-Asset of 5.84% is 84.8% 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 KMC (Kuei Meng) International and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KMC (Kuei Meng) International's current Return-on-Tangible-Asset is 5.84%, which is 51% below median its own 10-year median of 11.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KMC (Kuei Meng) International stock overvalued right now?
Based on GuruFocus' analysis, KMC (Kuei Meng) International (TPE:5306) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$117.91, compared to a current price of NT$89.90 — trading 23.8% below its estimated fair value. The current Return-on-Tangible-Asset is 5.84%, which is 51% below median its 10-year median of 11.88 and 84.8% above the Vehicles & Parts industry median of 3.16. KMC (Kuei Meng) International's overall GF Score™ is 67/100 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 KMC (Kuei Meng) International (TPE:5306), the current Return-on-Tangible-Asset is 5.84% 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 KMC (Kuei Meng) International (TPE:5306) Overvalued in 2026?
Based on GuruFocus' analysis, KMC (Kuei Meng) International stock appears to be undervalued.
The current stock price of NT$89.90 is trading 23.8% below its estimated GF Value™ of NT$117.91.
GuruFocus considers KMC (Kuei Meng) International to be Modestly Undervalued.
Key valuation signals for TPE:5306:
Return-on-Tangible-Asset: 5.84% (51% below median its 10-year median of 11.88)
GF Value™: NT$117.91 vs. price of NT$89.90 (23.8% below fair value)
Industry Position: 84.8% above the Vehicles & Parts median (#251 of 1331)
No single metric tells the full story. See the TPE:5306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KMC (Kuei Meng) International Business Description
KMC (Kuei Meng) International Inc is engaged in manufacturing and selling various types of chains, motorcycle components, and vehicle components. The products of the company include Bicycle chains, Motorcycle parts, Garage door openers, and others.
67GF Score
Get the complete analysis for TPE:5306
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