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The historical rank and industry rank for Tainan Enterprise (Cayman) Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:5906'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -15.24 Med: 2.47 Max: 9.15
Current: 0.09
During the past 13 years, Tainan Enterprise (Cayman) Co's highest Return-on-Tangible-Asset was 9.15%. The lowest was -15.24%. And the median was 2.47%.
TPE:5906's Return-on-Tangible-Asset is ranked worse than 69.96% of 1072
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.36
vs TPE:5906: 0.09
Tainan Enterprise (Cayman) Co (TPE:5906) 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.
Tainan Enterprise (Cayman) Co Return-on-Tangible-Asset Related Terms
Tainan Enterprise (Cayman) 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.
Tainan Enterprise (Cayman) Co Return-on-Tangible-Asset Chart
TPE:5906 vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison
For the Apparel Manufacturing subindustry, Tainan Enterprise (Cayman) 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.
Tainan Enterprise (Cayman) Co Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tainan Enterprise (Cayman) Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tainan Enterprise (Cayman) 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 -0.75% mean?
Tainan Enterprise (Cayman) Co (TPE:5906) has a Return-on-Tangible-Asset of -0.75% 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 Tainan Enterprise (Cayman) Co and its competitors. According to the industry distribution chart, Tainan Enterprise (Cayman) Co ranks #750 out of 1072 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 70%.
Is Tainan Enterprise (Cayman) Co's Return-on-Tangible-Asset too high?
Tainan Enterprise (Cayman) Co's current Return-on-Tangible-Asset is -0.75%. Based on the distribution chart, Tainan Enterprise (Cayman) Co ranks #750 out of 1072 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Tainan Enterprise (Cayman) Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tainan Enterprise (Cayman) Co's Return-on-Tangible-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tainan Enterprise (Cayman) Co ranks #750 out of 1072 companies for Return-on-Tangible-Asset. This places Tainan Enterprise (Cayman) Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.36. 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.36, based on 1,072 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. 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 Tainan Enterprise (Cayman) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tainan Enterprise (Cayman) Co's current Return-on-Tangible-Asset is -0.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tainan Enterprise (Cayman) Co stock overvalued right now?
Based on GuruFocus' analysis, Tainan Enterprise (Cayman) Co (TPE:5906) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$46.70, compared to a current price of NT$37.75 — trading 19.2% below its estimated fair value. The current Return-on-Tangible-Asset is -0.75%. Tainan Enterprise (Cayman) Co's overall GF Score™ is 76/100 with 9 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 Tainan Enterprise (Cayman) Co (TPE:5906), the current Return-on-Tangible-Asset is -0.75% 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 Tainan Enterprise (Cayman) Co (TPE:5906) Overvalued in 2026?
Based on GuruFocus' analysis, Tainan Enterprise (Cayman) Co stock appears to be undervalued.
The current stock price of NT$37.75 is trading 19.2% below its estimated GF Value™ of NT$46.70.
GuruFocus considers Tainan Enterprise (Cayman) Co to be Modestly Undervalued.
Key valuation signals for TPE:5906:
Return-on-Tangible-Asset: -0.75%
GF Value™: NT$46.70 vs. price of NT$37.75 (19.2% below fair value)
No single metric tells the full story. See the TPE:5906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tainan Enterprise (Cayman) Co Ltd and its subsidiaries mainly engage in professional investment services and trading of various garments, footwear, and department stores. The company carries brands such as Tony Wear, Tony Jeans, Tony Uomo, and Tjl, and also acts as an agent for European apparel brands including Camel Active from Germany, New Man, and U by Ungaro from France. Its segments include sports business, which generates maximum revenue, cultural and creative department store, and others.
76GF Score
Get the complete analysis for TPE:5906
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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