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Lien Hwa Industrial HoldingTPE:1229 +1.25%87 Return-on-Tangible-Equity is 7.12% as of Dec. 2025, which is 30% below its 10-year median of 10.17. GuruFocus rates TPE:1229 with a GF Score™ of 87/100 and a GF Value™ of NT$55.79 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 552 Conglomerates companies, Lien Hwa Industrial Holding ranks better than 55.8% 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. Lien Hwa Industrial Holding's annualized net income for the quarter that ended in Dec. 2025 was NT$4,056 Mil. Lien Hwa Industrial Holding's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$56,971 Mil. Therefore, Lien Hwa Industrial Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 7.12%.
The historical rank and industry rank for Lien Hwa Industrial Holding's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1229'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.42 Med: 10.17 Max: 12.6
Current: 8.74
During the past 13 years, Lien Hwa Industrial Holding's highest Return-on-Tangible-Equity was 12.60%. The lowest was 8.42%. And the median was 10.17%.
TPE:1229's Return-on-Tangible-Equity is ranked better than 55.8% of 552
companies
in the Conglomerates industry
Industry Median: 7.465
vs TPE:1229: 8.74
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.
Lien Hwa Industrial Holding Return-on-Tangible-Equity Related Terms
Lien Hwa Industrial Holding Return-on-Tangible-Equity 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.
TPE:1229 vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Lien Hwa Industrial Holding'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.
Lien Hwa Industrial Holding Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Lien Hwa Industrial Holding's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lien Hwa Industrial Holding'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 7.12% mean?
Lien Hwa Industrial Holding (TPE:1229) has a Return-on-Tangible-Equity of 7.12% 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 Lien Hwa Industrial Holding and its competitors. This is 30% below median its historical median of 10.17. Over the past decade, Lien Hwa Industrial Holding's Return-on-Tangible-Equity has ranged from 8.42 to 12.60. According to the industry distribution chart, Lien Hwa Industrial Holding ranks #244 out of 552 companies in the Conglomerates industry, placing it in the top 44.2%.
Is Lien Hwa Industrial Holding's Return-on-Tangible-Equity too high?
Lien Hwa Industrial Holding's current Return-on-Tangible-Equity of 7.12% is 30% below median its 10-year median of 10.17. Over the past 10 years, this metric has ranged from a low of 8.42 to a high of 12.60. The Conglomerates industry median Return-on-Tangible-Equity is 7.47. Lien Hwa Industrial Holding's value of 7.12% is 4.6% below this industry median. Based on the distribution chart, Lien Hwa Industrial Holding ranks #244 out of 552 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Lien Hwa Industrial Holding has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lien Hwa Industrial Holding's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Lien Hwa Industrial Holding ranks #244 out of 552 companies for Return-on-Tangible-Equity. This puts Lien Hwa Industrial Holding in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.47. Lien Hwa Industrial Holding's value of 7.12% is 4.6% below this benchmark. Historically, Lien Hwa Industrial Holding's own Return-on-Tangible-Equity has ranged from 8.42 to 12.60 over the past decade. While the company's 10-year median is 10.17 vs. the industry median of 7.47, Lien Hwa Industrial Holding 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.47, based on 552 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. Lien Hwa Industrial Holding's current Return-on-Tangible-Equity of 7.12% is 4.6% 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 Lien Hwa Industrial Holding and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lien Hwa Industrial Holding's current Return-on-Tangible-Equity is 7.12%, which is 30% below median its own 10-year median of 10.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lien Hwa Industrial Holding stock overvalued right now?
Based on GuruFocus' analysis, Lien Hwa Industrial Holding (TPE:1229) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$55.79, compared to a current price of NT$40.50 — trading 27.4% below its estimated fair value. The current Return-on-Tangible-Equity is 7.12%, which is 30% below median its 10-year median of 10.17 and 4.6% below the Conglomerates industry median of 7.47. Lien Hwa Industrial Holding's overall GF Score™ is 87/100 with 3 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 Lien Hwa Industrial Holding (TPE:1229), the current Return-on-Tangible-Equity is 7.12% 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 Lien Hwa Industrial Holding (TPE:1229) Overvalued in 2026?
Based on GuruFocus' analysis, Lien Hwa Industrial Holding stock appears to be undervalued.
The current stock price of NT$40.50 is trading 27.4% below its estimated GF Value™ of NT$55.79.
GuruFocus considers Lien Hwa Industrial Holding to be Modestly Undervalued.
Key valuation signals for TPE:1229:
Return-on-Tangible-Equity: 7.12% (30% below median its 10-year median of 10.17)
GF Value™: NT$55.79 vs. price of NT$40.50 (27.4% below fair value)
Industry Position: 4.6% below the Conglomerates median (#244 of 552)
No single metric tells the full story. See the TPE:1229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lien Hwa Industrial Holding Corp is engaged in flour production, real estate rental, integrated system service, automatic system, and other electronic businesses. The company has four reportable segments. The rental business provides real property rental and development services. The Flour business manufactures and sells all kinds of Flour and processed foods. The system integration service business provides the system integration service, automatic system, applied software design and sale of industrial computer. The administrative resource center is responsible for the management of domestic/foreign investment business.
87GF Score
Get the complete analysis for TPE:1229
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