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.
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.
Ping Ho Environmental Technology CoTPE:6771 76 Return-on-Tangible-Asset is 4.36% as of Dec. 2025, which is 56% below its 10-year median of 9.85. GuruFocus rates TPE:6771 with a GF Score™ of 76/100 and a GF Value™ of NT$45.89 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 245 Waste Management companies, Ping Ho Environmental Technology Co ranks better than 80% on this metric.
The historical rank and industry rank for Ping Ho Environmental Technology Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:6771'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.08 Med: 9.85 Max: 12.27
Current: 8.06
During the past 10 years, Ping Ho Environmental Technology Co's highest Return-on-Tangible-Asset was 12.27%. The lowest was 7.08%. And the median was 9.85%.
TPE:6771's Return-on-Tangible-Asset is ranked better than 80% of 245
companies
in the Waste Management industry
Industry Median: 2.02
vs TPE:6771: 8.06
Ping Ho Environmental Technology Co (TPE:6771) 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.
Ping Ho Environmental Technology Co Return-on-Tangible-Asset Related Terms
Ping Ho Environmental Technology 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.
Ping Ho Environmental Technology Co Return-on-Tangible-Asset Chart
TPE:6771 vs WM, RSG, WCN: Return-on-Tangible-Asset Comparison
For the Waste Management subindustry, Ping Ho Environmental Technology 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.
Ping Ho Environmental Technology Co Return-on-Tangible-Asset vs Waste Management Industry
For the Waste Management industry and Industrials sector, Ping Ho Environmental Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ping Ho Environmental Technology 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 4.36% mean?
Ping Ho Environmental Technology Co (TPE:6771) has a Return-on-Tangible-Asset of 4.36% 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 Ping Ho Environmental Technology Co and its competitors. This is 56% below median its historical median of 9.85. Over the past decade, Ping Ho Environmental Technology Co's Return-on-Tangible-Asset has ranged from 7.08 to 12.27. According to the industry distribution chart, Ping Ho Environmental Technology Co ranks #49 out of 245 companies in the Waste Management industry, placing it in the top 20%.
Is Ping Ho Environmental Technology Co's Return-on-Tangible-Asset too high?
Ping Ho Environmental Technology Co's current Return-on-Tangible-Asset of 4.36% is 56% below median its 10-year median of 9.85. Over the past 10 years, this metric has ranged from a low of 7.08 to a high of 12.27. The Waste Management industry median Return-on-Tangible-Asset is 2.02. Ping Ho Environmental Technology Co's value of 4.36% is 115.8% above this industry median. Based on the distribution chart, Ping Ho Environmental Technology Co ranks #49 out of 245 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Ping Ho Environmental Technology 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 Ping Ho Environmental Technology Co's Return-on-Tangible-Asset compare to WM and RSG?
According to the Waste Management industry distribution chart, Ping Ho Environmental Technology Co ranks #49 out of 245 companies for Return-on-Tangible-Asset. This places Ping Ho Environmental Technology Co in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.02. Ping Ho Environmental Technology Co's value of 4.36% is 115.8% above this benchmark. Historically, Ping Ho Environmental Technology Co's own Return-on-Tangible-Asset has ranged from 7.08 to 12.27 over the past decade. While the company's 10-year median is 9.85 vs. the industry median of 2.02, Ping Ho Environmental Technology 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 Waste Management company?
The median Return-on-Tangible-Asset among Waste Management companies is 2.02, based on 245 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. Ping Ho Environmental Technology Co's current Return-on-Tangible-Asset of 4.36% is 115.8% 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 Ping Ho Environmental Technology Co and its competitors. For the Waste Management industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ping Ho Environmental Technology Co's current Return-on-Tangible-Asset is 4.36%, which is 56% below median its own 10-year median of 9.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ping Ho Environmental Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ping Ho Environmental Technology Co (TPE:6771) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$45.89, compared to a current price of NT$38.50 — trading 16.1% below its estimated fair value. The current Return-on-Tangible-Asset is 4.36%, which is 56% below median its 10-year median of 9.85 and 115.8% above the Waste Management industry median of 2.02. Ping Ho Environmental Technology Co's overall GF Score™ is 76/100 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 Ping Ho Environmental Technology Co (TPE:6771), the current Return-on-Tangible-Asset is 4.36% 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 Ping Ho Environmental Technology Co (TPE:6771) Overvalued in 2026?
Based on GuruFocus' analysis, Ping Ho Environmental Technology Co stock appears to be undervalued.
The current stock price of NT$38.50 is trading 16.1% below its estimated GF Value™ of NT$45.89.
GuruFocus considers Ping Ho Environmental Technology Co to be Modestly Undervalued.
Key valuation signals for TPE:6771:
Return-on-Tangible-Asset: 4.36% (56% below median its 10-year median of 9.85)
GF Value™: NT$45.89 vs. price of NT$38.50 (16.1% below fair value)
Industry Position: 115.8% above the Waste Management median (#49 of 245)
No single metric tells the full story. See the TPE:6771 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ping Ho Environmental Technology Co Business Description
Ping Ho Environmental Technology Co Ltd is engaged in wastewater treatment business. It has patent for a regenerating coagulant which converts waste acid liquid and iron-containing sludge into special iron coagulants required for chemical. The Company derives its operating income from revenue generated by the treatment of wastewater.
76GF Score
Get the complete analysis for TPE:6771
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:6771 has been successfully added to your 
