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HD Renewable Energy CoTPE:6873 -5.39%79 Return-on-Tangible-Asset is 0.43% as of Mar. 2026, which is 96% below its 10-year median of 10.76. GuruFocus rates TPE:6873 with a GF Score™ of 79/100 and a GF Value™ of NT$137.91 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,780 Construction companies, HD Renewable Energy Co ranks worse than 60.79% 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. HD Renewable Energy Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$141 Mil. HD Renewable Energy Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$32,951 Mil. Therefore, HD Renewable Energy Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.43%.
The historical rank and industry rank for HD Renewable Energy Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:6873'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.62 Med: 10.76 Max: 23.06
Current: 1.62
During the past 8 years, HD Renewable Energy Co's highest Return-on-Tangible-Asset was 23.06%. The lowest was 1.62%. And the median was 10.76%.
TPE:6873's Return-on-Tangible-Asset is ranked worse than 60.79% of 1780
companies
in the Construction industry
Industry Median: 3.06
vs TPE:6873: 1.62
HD Renewable Energy Co (TPE:6873) 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.
HD Renewable Energy Co Return-on-Tangible-Asset Related Terms
HD Renewable Energy Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for HD Renewable Energy 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.
HD Renewable Energy Co Return-on-Tangible-Asset Chart
TPE:6873 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, HD Renewable Energy 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.
HD Renewable Energy Co Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, HD Renewable Energy Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where HD Renewable Energy 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 0.43% mean?
HD Renewable Energy Co (TPE:6873) has a Return-on-Tangible-Asset of 0.43% 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 HD Renewable Energy Co and its competitors. This is 96% below median its historical median of 10.76. Over the past decade, HD Renewable Energy Co's Return-on-Tangible-Asset has ranged from 1.62 to 23.06. According to the industry distribution chart, HD Renewable Energy Co ranks #1082 out of 1780 companies in the Construction industry, placing it in the top 60.8%.
Is HD Renewable Energy Co's Return-on-Tangible-Asset too high?
HD Renewable Energy Co's current Return-on-Tangible-Asset of 0.43% is 96% below median its 10-year median of 10.76. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 23.06. The Construction industry median Return-on-Tangible-Asset is 3.06. HD Renewable Energy Co's value of 0.43% is 85.9% below this industry median. Based on the distribution chart, HD Renewable Energy Co ranks #1082 out of 1780 companies in the Construction industry, which is below the industry midpoint. Overall, HD Renewable Energy Co has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HD Renewable Energy Co's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, HD Renewable Energy Co ranks #1082 out of 1780 companies for Return-on-Tangible-Asset. This places HD Renewable Energy Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.06. HD Renewable Energy Co's value of 0.43% is 85.9% below this benchmark. Historically, HD Renewable Energy Co's own Return-on-Tangible-Asset has ranged from 1.62 to 23.06 over the past decade. While the company's 10-year median is 10.76 vs. the industry median of 3.06, HD Renewable Energy Co has consistently been below 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,780 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. HD Renewable Energy Co's current Return-on-Tangible-Asset of 0.43% is 85.9% below 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 HD Renewable Energy Co and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HD Renewable Energy Co's current Return-on-Tangible-Asset is 0.43%, which is 96% below median its own 10-year median of 10.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HD Renewable Energy Co stock overvalued right now?
Based on GuruFocus' analysis, HD Renewable Energy Co (TPE:6873) is currently considered Possible Value Trap. The stock's GF Value™ is NT$137.91, compared to a current price of NT$80.70 — trading 41.5% below its estimated fair value. The current Return-on-Tangible-Asset is 0.43%, which is 96% below median its 10-year median of 10.76 and 85.9% below the Construction industry median of 3.06. HD Renewable Energy Co's overall GF Score™ is 79/100 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 HD Renewable Energy Co (TPE:6873), the current Return-on-Tangible-Asset is 0.43% 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 HD Renewable Energy Co (TPE:6873) Overvalued in 2026?
Based on GuruFocus' analysis, HD Renewable Energy Co stock appears to be undervalued.
The current stock price of NT$80.70 is trading 41.5% below its estimated GF Value™ of NT$137.91.
GuruFocus considers HD Renewable Energy Co to be Possible Value Trap.
Key valuation signals for TPE:6873:
Return-on-Tangible-Asset: 0.43% (96% below median its 10-year median of 10.76)
GF Value™: NT$137.91 vs. price of NT$80.70 (41.5% below fair value)
Industry Position: 85.9% below the Construction median (#1082 of 1780)
No single metric tells the full story. See the TPE:6873 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HD Renewable Energy Co Ltd is engaged in the development, investment, and operation of large-scale renewable energy power generation business. Based on photovoltaics, it is gradually expanding into core businesses such as power generation, energy storage, electricity sales, and charging, and providing comprehensive green energy solutions with AI-powered smart green power systems, making green power supply more stable and intelligent.
79GF Score
Get the complete analysis for TPE:6873
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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