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.
Southeast Cement CoTPE:1110 -2.48%74 Return-on-Tangible-Equity is 1.76% as of Dec. 2025, which is 21% above its 10-year median of 1.46. GuruFocus rates TPE:1110 with a GF Score™ of 74/100 and a GF Value™ of NT$25.65 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 397 Building Materials companies, Southeast Cement Co ranks worse than 63.73% 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. Southeast Cement Co's annualized net income for the quarter that ended in Dec. 2025 was NT$166 Mil. Southeast Cement Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$9,450 Mil. Therefore, Southeast Cement Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 1.76%.
The historical rank and industry rank for Southeast Cement Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1110'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.26 Med: 1.46 Max: 3.8
Current: 2.18
During the past 13 years, Southeast Cement Co's highest Return-on-Tangible-Equity was 3.80%. The lowest was 0.26%. And the median was 1.46%.
TPE:1110's Return-on-Tangible-Equity is ranked worse than 63.73% of 397
companies
in the Building Materials industry
Industry Median: 5.06
vs TPE:1110: 2.18
Southeast Cement Co (TPE:1110) 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.
Southeast Cement Co Return-on-Tangible-Equity Related Terms
Southeast Cement Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Southeast 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.
Southeast Cement Co Return-on-Tangible-Equity Chart
TPE:1110 vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison
For the Building Materials subindustry, Southeast 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.
Southeast Cement Co Return-on-Tangible-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Southeast Cement Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Southeast Cement 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 (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 1.76% mean?
Southeast Cement Co (TPE:1110) has a Return-on-Tangible-Equity of 1.76% 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 Southeast Cement Co and its competitors. This is 21% above median its historical median of 1.46. Over the past decade, Southeast Cement Co's Return-on-Tangible-Equity has ranged from 0.26 to 3.80. According to the industry distribution chart, Southeast Cement Co ranks #253 out of 397 companies in the Building Materials industry, placing it in the top 63.7%.
Is Southeast Cement Co's Return-on-Tangible-Equity too high?
Southeast Cement Co's current Return-on-Tangible-Equity of 1.76% is 21% above median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 3.80. The Building Materials industry median Return-on-Tangible-Equity is 5.06. Southeast Cement Co's value of 1.76% is 65.2% below this industry median. Based on the distribution chart, Southeast Cement Co ranks #253 out of 397 companies in the Building Materials industry, which is below the industry midpoint. Overall, Southeast Cement Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Southeast Cement Co's Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Southeast Cement Co ranks #253 out of 397 companies for Return-on-Tangible-Equity. This places Southeast Cement Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.06. Southeast Cement Co's value of 1.76% is 65.2% below this benchmark. Historically, Southeast Cement Co's own Return-on-Tangible-Equity has ranged from 0.26 to 3.80 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 5.06, Southeast 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. Southeast Cement Co's current Return-on-Tangible-Equity of 1.76% is 65.2% 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 Southeast 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. Southeast Cement Co's current Return-on-Tangible-Equity is 1.76%, which is 21% above median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southeast Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Southeast Cement Co (TPE:1110) is currently considered Possible Value Trap. The stock's GF Value™ is NT$25.65, compared to a current price of NT$15.70 — trading 38.8% below its estimated fair value. The current Return-on-Tangible-Equity is 1.76%, which is 21% above median its 10-year median of 1.46 and 65.2% below the Building Materials industry median of 5.06. Southeast Cement Co's overall GF Score™ is 74/100 with 8 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 Southeast Cement Co (TPE:1110), the current Return-on-Tangible-Equity is 1.76% 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 Southeast Cement Co (TPE:1110) Overvalued in 2026?
Based on GuruFocus' analysis, Southeast Cement Co stock appears to be undervalued.
The current stock price of NT$15.70 is trading 38.8% below its estimated GF Value™ of NT$25.65.
GuruFocus considers Southeast Cement Co to be Possible Value Trap.
Key valuation signals for TPE:1110:
Return-on-Tangible-Equity: 1.76% (21% above median its 10-year median of 1.46)
GF Value™: NT$25.65 vs. price of NT$15.70 (38.8% below fair value)
Industry Position: 65.2% below the Building Materials median (#253 of 397)
No single metric tells the full story. See the TPE:1110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Southeast Cement Co Ltd is mainly engaged in the manufacturing and sale of cement-related products. Its main business activities include manufacturing and selling cement, furnace slag powder, cement processed products, and ready-mixed concrete. Its products include Bootland Type 1 Cement and Water-quenched Blast Furnace Slag Powder. The Company operates through four reportable segments: Production Department, which generates the maximum revenue and is engaged in the production and sales of cement and furnace slag powder; Lease Department, engaged in the rental business of properties such as land and factories; Construction Department, engaged in the construction of residences and sales business; and Engineering Department, engaged in contracting construction and engineering services.
74GF Score
Get the complete analysis for TPE:1110
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
TPE:1110 has been successfully added to your 
