Phoenix Tours International (TPE:5706) Return-on-Tangible-Asset: 6.32% (As of Mar. 2026) — 25% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:5706 Phoenix Tours International Inc TPE:5706
70 GF Score
Price NT$44.70
! 4 Warning Signs
View Full Analysis

What is Phoenix Tours International Return-on-Tangible-Asset?

Phoenix Tours International TPE:5706 -0.33% 70 Return-on-Tangible-Asset is 6.32% as of Mar. 2026, which is 25% below its 10-year median of 8.48. GuruFocus rates TPE:5706 with a GF Score™ of 70/100. The stock has 4 warning signs investors should review. Among 857 Travel & Leisure companies, Phoenix Tours International ranks better than 80.75% 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. Phoenix Tours International's annualized Net Income for the quarter that ended in Mar. 2026 was NT$209 Mil. Phoenix Tours International's average total tangible assets for the quarter that ended in Mar. 2026 was NT$3,301 Mil. Therefore, Phoenix Tours International's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.32%.

The historical rank and industry rank for Phoenix Tours International's Return-on-Tangible-Asset or its related term are showing as below:

TPE:5706' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.18   Med: 8.48   Max: 9.9
Current: 8.88

During the past 13 years, Phoenix Tours International's highest Return-on-Tangible-Asset was 9.90%. The lowest was -1.18%. And the median was 8.48%.

TPE:5706's Return-on-Tangible-Asset is ranked better than
80.75% of 857 companies
in the Travel & Leisure industry
Industry Median: 2.8 vs TPE:5706: 8.88

Phoenix Tours International  (TPE:5706) 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 company’s 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 company’s 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.


Phoenix Tours International Return-on-Tangible-Asset Related Terms


Phoenix Tours International Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Phoenix Tours International'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.

Phoenix Tours International Return-on-Tangible-Asset Chart

Phoenix Tours International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.16 -1.18 6.10 9.15 8.57

Phoenix Tours International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.87 8.20 13.73 7.23 6.32

TPE:5706 vs BKNG, ABNB, RCL: Return-on-Tangible-Asset Comparison

For the Travel Services subindustry, Phoenix Tours 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.


Phoenix Tours International Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Phoenix Tours International's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Phoenix Tours International's Return-on-Tangible-Asset falls into.


TPE:5706
70GF Score
Phoenix Tours International Inc TPE:5706
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Phoenix Tours International Return-on-Tangible-Asset Calculation

Phoenix Tours International's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=287.66/( (3454.134+3259.237)/ 2 )
=287.66/3356.6855
=8.57 %

Phoenix Tours International's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=208.648/( (3259.237+3343.193)/ 2 )
=208.648/3301.215
=6.32 %

* 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 6.32% mean?
Phoenix Tours International (TPE:5706) has a Return-on-Tangible-Asset of 6.32% 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 Phoenix Tours International and its competitors. This is 25% below median its historical median of 8.48. According to the industry distribution chart, Phoenix Tours International ranks #165 out of 857 companies in the Travel & Leisure industry, placing it in the top 19.3%.
Is Phoenix Tours International's Return-on-Tangible-Asset too high?
Phoenix Tours International's current Return-on-Tangible-Asset of 6.32% is 25% below median its 10-year median of 8.48. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.80. Phoenix Tours International's value of 6.32% is 125.7% above this industry median. Based on the distribution chart, Phoenix Tours International ranks #165 out of 857 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Phoenix Tours International has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Tours International's Return-on-Tangible-Asset compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Phoenix Tours International ranks #165 out of 857 companies for Return-on-Tangible-Asset. This places Phoenix Tours International in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.80. Phoenix Tours International's value of 6.32% is 125.7% above this benchmark. While the company's 10-year median is 8.48 vs. the industry median of 2.80, Phoenix Tours 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.80, based on 857 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. Phoenix Tours International's current Return-on-Tangible-Asset of 6.32% is 125.7% 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 Phoenix Tours International and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Tours International's current Return-on-Tangible-Asset is 6.32%, which is 25% below median its own 10-year median of 8.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Tours International stock overvalued right now?
Phoenix Tours International (TPE:5706) has a current Return-on-Tangible-Asset of 6.32%. The current Return-on-Tangible-Asset is 6.32%, which is 25% below median its 10-year median of 8.48 and 125.7% above the Travel & Leisure industry median of 2.80. Phoenix Tours International's overall GF Score™ is 70/100 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 Phoenix Tours International (TPE:5706), the current Return-on-Tangible-Asset is 6.32% 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.

Phoenix Tours International Business Description

Address Chang-An East Road, 4th Floor, No. 25, Section 1, Zhongshan District, Taipei, TWN, 104
Phoenix Tours International Inc is a Taiwan-based company engaged in the tourism business. Its services include tour packages, independent travel groups, domestic and overseas sightseeing tours, meals and accommodation, and related services, providing tour guides to travelers both at home and abroad. The company also sells domestic and overseas transportation tickets as a commissioned agent, purchases domestic and overseas tickets on behalf of customers, check-in luggage, and processes entry-exit visa procedures on behalf of customers. The group has four reportable segments: Group Travel Department, Domestic Transportation Department, Air Passenger and Freight Forwarding Department, and Ticketing and other departments.
70GF Score

Get the complete analysis for TPE:5706

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$44.70
Price