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.
Tederic Machinery CoSHSE:603289 +1.14%75 Return-on-Tangible-Equity is 1.64% as of Mar. 2026, which is 86% below its 10-year median of 11.52. GuruFocus rates SHSE:603289 with a GF Score™ of 75/100 and a GF Value™ of ¥10.23 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,973 Industrial Products companies, Tederic Machinery Co ranks worse than 53.38% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Tederic Machinery Co's annualized net income for the quarter that ended in Mar. 2026 was ¥22 Mil. Tederic Machinery Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,343 Mil. Therefore, Tederic Machinery Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.64%.
The historical rank and industry rank for Tederic Machinery Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603289'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.94 Med: 11.52 Max: 18.24
Current: 5.94
During the past 13 years, Tederic Machinery Co's highest Return-on-Tangible-Equity was 18.24%. The lowest was 5.94%. And the median was 11.52%.
SHSE:603289's Return-on-Tangible-Equity is ranked worse than 53.38% of 2973
companies
in the Industrial Products industry
Industry Median: 6.76
vs SHSE:603289: 5.94
Tederic Machinery Co (SHSE:603289) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Tederic Machinery Co Return-on-Tangible-Equity Related Terms
Tederic Machinery Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tederic Machinery Co's Return-on-Tangible-Equity 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.
Tederic Machinery Co Return-on-Tangible-Equity Chart
SHSE:603289 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Tederic Machinery Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Tederic Machinery Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tederic Machinery Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tederic Machinery Co's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.64% mean?
Tederic Machinery Co (SHSE:603289) has a Return-on-Tangible-Equity of 1.64% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tederic Machinery Co and its competitors. This is 86% below median its historical median of 11.52. Over the past decade, Tederic Machinery Co's Return-on-Tangible-Equity has ranged from 5.94 to 18.24. According to the industry distribution chart, Tederic Machinery Co ranks #1587 out of 2973 companies in the Industrial Products industry, placing it in the top 53.4%.
Is Tederic Machinery Co's Return-on-Tangible-Equity too high?
Tederic Machinery Co's current Return-on-Tangible-Equity of 1.64% is 86% below median its 10-year median of 11.52. Over the past 10 years, this metric has ranged from a low of 5.94 to a high of 18.24. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Tederic Machinery Co's value of 1.64% is 75.7% below this industry median. Based on the distribution chart, Tederic Machinery Co ranks #1587 out of 2973 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tederic Machinery Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tederic Machinery Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tederic Machinery Co ranks #1587 out of 2973 companies for Return-on-Tangible-Equity. This places Tederic Machinery Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.76. Tederic Machinery Co's value of 1.64% is 75.7% below this benchmark. Historically, Tederic Machinery Co's own Return-on-Tangible-Equity has ranged from 5.94 to 18.24 over the past decade. While the company's 10-year median is 11.52 vs. the industry median of 6.76, Tederic Machinery 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-Equity for an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, based on 2,973 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tederic Machinery Co's current Return-on-Tangible-Equity of 1.64% is 75.7% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tederic Machinery Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tederic Machinery Co's current Return-on-Tangible-Equity is 1.64%, which is 86% below median its own 10-year median of 11.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tederic Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Tederic Machinery Co (SHSE:603289) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.23, compared to a current price of ¥7.99 — trading 21.9% below its estimated fair value. The current Return-on-Tangible-Equity is 1.64%, which is 86% below median its 10-year median of 11.52 and 75.7% below the Industrial Products industry median of 6.76. Tederic Machinery Co's overall GF Score™ is 75/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Tederic Machinery Co (SHSE:603289), the current Return-on-Tangible-Equity is 1.64% 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 Tederic Machinery Co (SHSE:603289) Overvalued in 2026?
Based on GuruFocus' analysis, Tederic Machinery Co stock appears to be undervalued.
The current stock price of ¥7.99 is trading 21.9% below its estimated GF Value™ of ¥10.23.
GuruFocus considers Tederic Machinery Co to be Modestly Undervalued.
Key valuation signals for SHSE:603289:
Return-on-Tangible-Equity: 1.64% (86% below median its 10-year median of 11.52)
GF Value™: ¥10.23 vs. price of ¥7.99 (21.9% below fair value)
Industry Position: 75.7% below the Industrial Products median (#1587 of 2973)
No single metric tells the full story. See the SHSE:603289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tederic Machinery Co Ltd is an IMM turn-key solution supplier. Its product offering includes DT toggle system series, DH two-platen series, DE full-electric series and multi-components IMM. Its solutions are applied in auto parts and home appliance, industrial and civil products, logistics, utility tunnel and pipe fitting, food and medicine package and electronics and office automation.
75GF Score
Get the complete analysis for SHSE:603289
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603289 has been successfully added to your 
