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TPE:8341'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.25 Med: 12.87 Max: 25.13
Current: 6.1
During the past 13 years, Sunny Friend Environmental Technology Co's highest Return-on-Tangible-Asset was 25.13%. The lowest was 4.25%. And the median was 12.87%.
TPE:8341's Return-on-Tangible-Asset is ranked better than 70.61% of 245
companies
in the Waste Management industry
Industry Median: 2.02
vs TPE:8341: 6.10
Sunny Friend Environmental Technology Co (TPE:8341) 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.
Sunny Friend Environmental Technology Co Return-on-Tangible-Asset Related Terms
Sunny Friend 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.
Sunny Friend Environmental Technology Co Return-on-Tangible-Asset Chart
Sunny Friend Environmental Technology Co Annual Data
TPE:8341 vs WM, RSG, WCN: Return-on-Tangible-Asset Comparison
For the Waste Management subindustry, Sunny Friend 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.
Sunny Friend Environmental Technology Co Return-on-Tangible-Asset vs Waste Management Industry
For the Waste Management industry and Industrials sector, Sunny Friend Environmental Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sunny Friend 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 4.89% mean?
Sunny Friend Environmental Technology Co (TPE:8341) has a Return-on-Tangible-Asset of 4.89% 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 Sunny Friend Environmental Technology Co and its competitors. This is 62% below median its historical median of 12.87. Over the past decade, Sunny Friend Environmental Technology Co's Return-on-Tangible-Asset has ranged from 4.25 to 25.13. According to the industry distribution chart, Sunny Friend Environmental Technology Co ranks #72 out of 245 companies in the Waste Management industry, placing it in the top 29.4%.
Is Sunny Friend Environmental Technology Co's Return-on-Tangible-Asset too high?
Sunny Friend Environmental Technology Co's current Return-on-Tangible-Asset of 4.89% is 62% below median its 10-year median of 12.87. Over the past 10 years, this metric has ranged from a low of 4.25 to a high of 25.13. The Waste Management industry median Return-on-Tangible-Asset is 2.02. Sunny Friend Environmental Technology Co's value of 4.89% is 142.1% above this industry median. Based on the distribution chart, Sunny Friend Environmental Technology Co ranks #72 out of 245 companies in the Waste Management industry, which is above the industry midpoint. Overall, Sunny Friend Environmental Technology Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sunny Friend Environmental Technology Co's Return-on-Tangible-Asset compare to WM and RSG?
According to the Waste Management industry distribution chart, Sunny Friend Environmental Technology Co ranks #72 out of 245 companies for Return-on-Tangible-Asset. This puts Sunny Friend Environmental Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.02. Sunny Friend Environmental Technology Co's value of 4.89% is 142.1% above this benchmark. Historically, Sunny Friend Environmental Technology Co's own Return-on-Tangible-Asset has ranged from 4.25 to 25.13 over the past decade. While the company's 10-year median is 12.87 vs. the industry median of 2.02, Sunny Friend 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. Sunny Friend Environmental Technology Co's current Return-on-Tangible-Asset of 4.89% is 142.1% 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 Sunny Friend 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. Sunny Friend Environmental Technology Co's current Return-on-Tangible-Asset is 4.89%, which is 62% below median its own 10-year median of 12.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunny Friend Environmental Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sunny Friend Environmental Technology Co (TPE:8341) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$112.62, compared to a current price of NT$75.70 — trading 32.8% below its estimated fair value. The current Return-on-Tangible-Asset is 4.89%, which is 62% below median its 10-year median of 12.87 and 142.1% above the Waste Management industry median of 2.02. Sunny Friend Environmental Technology Co's overall GF Score™ is 81/100 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 Sunny Friend Environmental Technology Co (TPE:8341), the current Return-on-Tangible-Asset is 4.89% 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 Sunny Friend Environmental Technology Co (TPE:8341) Overvalued in 2026?
Based on GuruFocus' analysis, Sunny Friend Environmental Technology Co stock appears to be undervalued.
The current stock price of NT$75.70 is trading 32.8% below its estimated GF Value™ of NT$112.62.
GuruFocus considers Sunny Friend Environmental Technology Co to be Significantly Undervalued.
Key valuation signals for TPE:8341:
Return-on-Tangible-Asset: 4.89% (62% below median its 10-year median of 12.87)
GF Value™: NT$112.62 vs. price of NT$75.70 (32.8% below fair value)
Industry Position: 142.1% above the Waste Management median (#72 of 245)
No single metric tells the full story. See the TPE:8341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sunny Friend Environmental Technology Co Business Description
Sunny Friend Environmental Technology Co operates medical waste treatment plants. It uses technology to handle various types of hazardous waste and collects, incinerates, solidifies, and develops solutions to streamline disposal. Various subsidiaries are in Asia to provide services to medical institutions, dispose of batteries, and offer waste treatment and engineering consultations. The company works to recover materials from waste, recycle resources, and conduct environmental tests to discover solutions. Removal vehicles improve communication with customers and are fully equipped to monitor and transmit all cleaning and incineration records back to Sunny Friend's data centers. It generates the majority of its revenue from waste disposal.
81GF Score
Get the complete analysis for TPE:8341
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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