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Feng Tay Enterprises CoTPE:9910 -0.56%77 Return-on-Tangible-Asset is 5.19% as of Mar. 2026, which is 60% below its 10-year median of 12.98. GuruFocus rates TPE:9910 with a GF Score™ of 77/100 and a GF Value™ of NT$129.30 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Feng Tay Enterprises Co ranks better than 87.28% 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. Feng Tay Enterprises Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$2,696 Mil. Feng Tay Enterprises Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$51,993 Mil. Therefore, Feng Tay Enterprises Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.19%.
The historical rank and industry rank for Feng Tay Enterprises Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:9910'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.85 Med: 12.98 Max: 18.65
Current: 8.85
During the past 13 years, Feng Tay Enterprises Co's highest Return-on-Tangible-Asset was 18.65%. The lowest was 8.85%. And the median was 12.98%.
TPE:9910's Return-on-Tangible-Asset is ranked better than 87.28% of 1069
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.99
vs TPE:9910: 8.85
Feng Tay Enterprises Co (TPE:9910) 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.
Feng Tay Enterprises Co Return-on-Tangible-Asset Related Terms
Feng Tay Enterprises Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Feng Tay Enterprises 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.
Feng Tay Enterprises Co Return-on-Tangible-Asset Chart
TPE:9910 vs NKE, DECK, ONON: Return-on-Tangible-Asset Comparison
For the Footwear & Accessories subindustry, Feng Tay Enterprises 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.
Feng Tay Enterprises Co Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Feng Tay Enterprises Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Feng Tay Enterprises 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 5.19% mean?
Feng Tay Enterprises Co (TPE:9910) has a Return-on-Tangible-Asset of 5.19% 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 Feng Tay Enterprises Co and its competitors. This is 60% below median its historical median of 12.98. Over the past decade, Feng Tay Enterprises Co's Return-on-Tangible-Asset has ranged from 8.85 to 18.65. According to the industry distribution chart, Feng Tay Enterprises Co ranks #136 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.7%.
Is Feng Tay Enterprises Co's Return-on-Tangible-Asset too high?
Feng Tay Enterprises Co's current Return-on-Tangible-Asset of 5.19% is 60% below median its 10-year median of 12.98. Over the past 10 years, this metric has ranged from a low of 8.85 to a high of 18.65. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 1.99. Feng Tay Enterprises Co's value of 5.19% is 160.8% above this industry median. Based on the distribution chart, Feng Tay Enterprises Co ranks #136 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Feng Tay Enterprises Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Feng Tay Enterprises Co's Return-on-Tangible-Asset compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Feng Tay Enterprises Co ranks #136 out of 1069 companies for Return-on-Tangible-Asset. This places Feng Tay Enterprises Co in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.99. Feng Tay Enterprises Co's value of 5.19% is 160.8% above this benchmark. Historically, Feng Tay Enterprises Co's own Return-on-Tangible-Asset has ranged from 8.85 to 18.65 over the past decade. While the company's 10-year median is 12.98 vs. the industry median of 1.99, Feng Tay Enterprises 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 1.99, based on 1,069 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. Feng Tay Enterprises Co's current Return-on-Tangible-Asset of 5.19% is 160.8% 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 Feng Tay Enterprises Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Feng Tay Enterprises Co's current Return-on-Tangible-Asset is 5.19%, which is 60% below median its own 10-year median of 12.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feng Tay Enterprises Co stock overvalued right now?
Based on GuruFocus' analysis, Feng Tay Enterprises Co (TPE:9910) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$129.30, compared to a current price of NT$70.40 — trading 45.6% below its estimated fair value. The current Return-on-Tangible-Asset is 5.19%, which is 60% below median its 10-year median of 12.98 and 160.8% above the Manufacturing - Apparel & Accessories industry median of 1.99. Feng Tay Enterprises Co's overall GF Score™ is 77/100 with 4 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 Feng Tay Enterprises Co (TPE:9910), the current Return-on-Tangible-Asset is 5.19% 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 Feng Tay Enterprises Co (TPE:9910) Overvalued in 2026?
Based on GuruFocus' analysis, Feng Tay Enterprises Co stock appears to be undervalued.
The current stock price of NT$70.40 is trading 45.6% below its estimated GF Value™ of NT$129.30.
GuruFocus considers Feng Tay Enterprises Co to be Significantly Undervalued.
Key valuation signals for TPE:9910:
Return-on-Tangible-Asset: 5.19% (60% below median its 10-year median of 12.98)
GF Value™: NT$129.30 vs. price of NT$70.40 (45.6% below fair value)
Industry Position: 160.8% above the Manufacturing - Apparel & Accessories median (#136 of 1069)
No single metric tells the full story. See the TPE:9910 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Feng Tay Enterprises Co Ltd is a manufacturer specialized in athletic shoes. Other business activities include developing and producing casual shoes, inline skates, ice skates, ski boots, cycling shoes, golf balls, soccer balls, backpack and handbags, ice hockey helmets and sticks, footwear accessories, as well as shoe molds and tools. The company's operating segments includes footwear manufacturing and sales and others segment, the geographical presence of business is in Singapore, America, Vietnam, Switzerland, Mainland China, Mexico, India, Italy and Other countries out of which the company generates majority of its revenue from Singapore.
77GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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