Lucky Cement Co (TPE:1108) Return-on-Tangible-Equity: 4.52% (As of Dec. 2025) — 41% Below Median


TPE:1108 Lucky Cement Co TPE:1108
72 GF Score
Price NT$13.65
GF Value NT$14.00
Valuation Fairly Valued
! 2 Warning Signs
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What is Lucky Cement Co Return-on-Tangible-Equity?

Lucky Cement Co TPE:1108 72 Return-on-Tangible-Equity is 4.52% as of Dec. 2025, which is 41% below its 10-year median of 7.66. GuruFocus rates TPE:1108 with a GF Score™ of 72/100 and a GF Value™ of NT$14.00 (Fairly Valued). The stock has 2 warning signs investors should review. Among 397 Building Materials companies, Lucky Cement Co ranks better than 82.12% 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. Lucky Cement Co's annualized net income for the quarter that ended in Dec. 2025 was NT$259 Mil. Lucky Cement Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$5,722 Mil. Therefore, Lucky Cement Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 4.52%.

The historical rank and industry rank for Lucky Cement Co's Return-on-Tangible-Equity or its related term are showing as below:

TPE:1108' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.1   Med: 7.66   Max: 16.18
Current: 16.18

During the past 13 years, Lucky Cement Co's highest Return-on-Tangible-Equity was 16.18%. The lowest was -4.10%. And the median was 7.66%.

TPE:1108's Return-on-Tangible-Equity is ranked better than
82.12% of 397 companies
in the Building Materials industry
Industry Median: 5.06 vs TPE:1108: 16.18

Lucky Cement Co  (TPE:1108) 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.


Lucky Cement Co Return-on-Tangible-Equity Related Terms


Lucky Cement Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Lucky Cement 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.

Lucky Cement Co Return-on-Tangible-Equity Chart

Lucky Cement Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.64 12.17 10.57 9.63 16.10

Lucky Cement Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.27 10.30 42.59 8.61 4.52

TPE:1108 vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison

For the Building Materials subindustry, Lucky Cement 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.


Lucky Cement Co Return-on-Tangible-Equity vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lucky Cement Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Lucky Cement Co's Return-on-Tangible-Equity falls into.


TPE:1108
72GF Score
Lucky Cement Co TPE:1108
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lucky Cement Co Return-on-Tangible-Equity Calculation

Lucky Cement Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=880.657/( (5185.678+5755.705 )/ 2 )
=880.657/5470.6915
=16.10 %

Lucky Cement Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=258.852/( (5689.206+5755.705)/ 2 )
=258.852/5722.4555
=4.52 %

* 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 (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 4.52% mean?
Lucky Cement Co (TPE:1108) has a Return-on-Tangible-Equity of 4.52% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Lucky Cement Co and its competitors. This is 41% below median its historical median of 7.66. According to the industry distribution chart, Lucky Cement Co ranks #71 out of 397 companies in the Building Materials industry, placing it in the top 17.9%.
Is Lucky Cement Co's Return-on-Tangible-Equity too high?
Lucky Cement Co's current Return-on-Tangible-Equity of 4.52% is 41% below median its 10-year median of 7.66. The Building Materials industry median Return-on-Tangible-Equity is 5.06. Lucky Cement Co's value of 4.52% is 10.7% below this industry median. Based on the distribution chart, Lucky Cement Co ranks #71 out of 397 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Lucky Cement Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lucky Cement Co's Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Lucky Cement Co ranks #71 out of 397 companies for Return-on-Tangible-Equity. This places Lucky Cement Co in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.06. Lucky Cement Co's value of 4.52% is 10.7% below this benchmark. While the company's 10-year median is 7.66 vs. the industry median of 5.06, Lucky Cement 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 a Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.06, based on 397 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. Lucky Cement Co's current Return-on-Tangible-Equity of 4.52% is 10.7% 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 Lucky Cement Co and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lucky Cement Co's current Return-on-Tangible-Equity is 4.52%, which is 41% below median its own 10-year median of 7.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lucky Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Lucky Cement Co (TPE:1108) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.00, compared to a current price of NT$13.65 — trading 2.5% below its estimated fair value. The current Return-on-Tangible-Equity is 4.52%, which is 41% below median its 10-year median of 7.66 and 10.7% below the Building Materials industry median of 5.06. Lucky Cement Co's overall GF Score™ is 72/100 with 2 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 Lucky Cement Co (TPE:1108), the current Return-on-Tangible-Equity is 4.52% 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 Lucky Cement Co (TPE:1108) Overvalued in 2026?

Based on GuruFocus' analysis, Lucky Cement Co stock appears to be undervalued. The current stock price of NT$13.65 is trading 2.5% below its estimated GF Value™ of NT$14.00. GuruFocus considers Lucky Cement Co to be Fairly Valued.

Key valuation signals for TPE:1108:

  • Return-on-Tangible-Equity: 4.52% (41% below median its 10-year median of 7.66)
  • GF Value™: NT$14.00 vs. price of NT$13.65 (2.5% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 10.7% below the Building Materials median (#71 of 397)

No single metric tells the full story. See the TPE:1108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lucky Cement Co Business Description

Address No.237, Songjiang Road, 15th Floor, Zhongshan District, Taipei, TWN
Lucky Cement Co is a cement manufacturer and its revenue mainly comes from sales of cement, stone materials, and other cement products. Its products include Portland cement which is suitable for the construction of a Reservoir, Dam, bridge foundation, wharf, harbor, and construction in coast areas, Slag and Ashes. Geographically the activities are carried out in Taiwan.
72GF Score

Get the complete analysis for TPE:1108

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$13.65
Price
NT$14.00
GF Value