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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. Kim Forest Enterprise Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$-183.2 Mil. Kim Forest Enterprise Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$1,012.9 Mil. Therefore, Kim Forest Enterprise Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -18.09%.
The historical rank and industry rank for Kim Forest Enterprise Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:6645'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -15.27 Med: -5.55 Max: 13.45
Current: -14.22
During the past 13 years, Kim Forest Enterprise Co's highest Return-on-Tangible-Asset was 13.45%. The lowest was -15.27%. And the median was -5.55%.
TPE:6645's Return-on-Tangible-Asset is ranked worse than 66.67% of 213
companies
in the Medical Diagnostics & Research industry
Industry Median: -2.4
vs TPE:6645: -14.22
Kim Forest Enterprise Co (TPE:6645) 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.
Kim Forest Enterprise Co Return-on-Tangible-Asset Related Terms
Kim Forest Enterprise Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kim Forest Enterprise 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.
Kim Forest Enterprise Co Return-on-Tangible-Asset Chart
TPE:6645 vs TMO, DHR, IDXX: Return-on-Tangible-Asset Comparison
For the Diagnostics & Research subindustry, Kim Forest Enterprise 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.
Kim Forest Enterprise Co Return-on-Tangible-Asset vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Kim Forest Enterprise Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kim Forest Enterprise 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -18.09% mean?
Kim Forest Enterprise Co (TPE:6645) has a Return-on-Tangible-Asset of -18.09% 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 Kim Forest Enterprise Co and its competitors. According to the industry distribution chart, Kim Forest Enterprise Co ranks #142 out of 213 companies in the Medical Diagnostics & Research industry, placing it in the top 66.7%.
Is Kim Forest Enterprise Co's Return-on-Tangible-Asset too high?
Kim Forest Enterprise Co's current Return-on-Tangible-Asset is -18.09%. Based on the distribution chart, Kim Forest Enterprise Co ranks #142 out of 213 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Kim Forest Enterprise Co has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kim Forest Enterprise Co's Return-on-Tangible-Asset compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Kim Forest Enterprise Co ranks #142 out of 213 companies for Return-on-Tangible-Asset. This places Kim Forest Enterprise Co in the lower half of its industry. 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 Medical Diagnostics & Research company?
A good Return-on-Tangible-Asset depends on the Medical Diagnostics & Research industry context. 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 Kim Forest Enterprise Co and its competitors. Kim Forest Enterprise Co's current Return-on-Tangible-Asset is -18.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kim Forest Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Kim Forest Enterprise Co (TPE:6645) is currently considered Possible Value Trap. The stock's GF Value™ is NT$26.21, compared to a current price of NT$13.20 — trading 49.6% below its estimated fair value. The current Return-on-Tangible-Asset is -18.09%. Kim Forest Enterprise Co's overall GF Score™ is 57/100 with 6 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 Kim Forest Enterprise Co (TPE:6645), the current Return-on-Tangible-Asset is -18.09% 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 Kim Forest Enterprise Co (TPE:6645) Overvalued in 2026?
Based on GuruFocus' analysis, Kim Forest Enterprise Co stock appears to be undervalued.
The current stock price of NT$13.20 is trading 49.6% below its estimated GF Value™ of NT$26.21.
GuruFocus considers Kim Forest Enterprise Co to be Possible Value Trap.
Key valuation signals for TPE:6645:
Return-on-Tangible-Asset: -18.09%
GF Value™: NT$26.21 vs. price of NT$13.20 (49.6% below fair value)
No single metric tells the full story. See the TPE:6645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kim Forest Enterprise Co Ltd is engaged in providing clinical medical information, genetic testing services, and biological information. It manufactures medical equipment and also produces drug products. The company's equipment includes Desktop microcentrifuge, Desktop large capacity centrifuge, Filter-type absorption spectrometer, Multifunctional spectrometer, and many more. Its reportable segments are Biomedical products which generates key revenue, and the Precision medicine segment. Geographically, the company generates a majority of its revenue from Taiwan and the rest from the United States of America.
57GF Score
Get the complete analysis for TPE:6645
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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