Ten Ren Tea Co (TPE:1233) Return-on-Tangible-Equity: 5.40% (As of Dec. 2025) — 13% Below Median

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TPE:1233 Ten Ren Tea Co Ltd TPE:1233
72 GF Score
Price NT$28.15
GF Value NT$34.58
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ten Ren Tea Co Return-on-Tangible-Equity?

Ten Ren Tea Co TPE:1233 +0.18% 72 Return-on-Tangible-Equity is 5.40% as of Dec. 2025, which is 13% below its 10-year median of 6.24. GuruFocus rates TPE:1233 with a GF Score™ of 72/100 and a GF Value™ of NT$34.58 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,879 Consumer Packaged Goods companies, Ten Ren Tea Co ranks worse than 60.56% 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. Ten Ren Tea Co's annualized net income for the quarter that ended in Dec. 2025 was NT$72 Mil. Ten Ren Tea Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,339 Mil. Therefore, Ten Ren Tea Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 5.40%.

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

TPE:1233' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.93   Med: 6.24   Max: 12.05
Current: 5

During the past 13 years, Ten Ren Tea Co's highest Return-on-Tangible-Equity was 12.05%. The lowest was 2.93%. And the median was 6.24%.

TPE:1233's Return-on-Tangible-Equity is ranked worse than
60.56% of 1879 companies
in the Consumer Packaged Goods industry
Industry Median: 7.78 vs TPE:1233: 5.00

Ten Ren Tea Co  (TPE:1233) 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.


Ten Ren Tea Co Return-on-Tangible-Equity Related Terms


Ten Ren Tea Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Ten Ren Tea 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.

Ten Ren Tea Co Return-on-Tangible-Equity Chart

Ten Ren Tea 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 2.93 3.49 6.46 6.02 4.85

Ten Ren Tea 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 6.38 6.89 3.90 3.83 5.40

TPE:1233 vs KHC, GIS: Return-on-Tangible-Equity Comparison

For the Packaged Foods subindustry, Ten Ren Tea 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.


Ten Ren Tea Co Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ten Ren Tea Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ten Ren Tea Co's Return-on-Tangible-Equity falls into.


TPE:1233
72GF Score
Ten Ren Tea Co Ltd TPE:1233
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ten Ren Tea Co Return-on-Tangible-Equity Calculation

Ten Ren Tea 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 )
=67.92/( (1450.534+1347.91 )/ 2 )
=67.92/1399.222
=4.85 %

Ten Ren Tea 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 )
=72.248/( (1329.224+1347.91)/ 2 )
=72.248/1338.567
=5.40 %

* 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 5.40% mean?
Ten Ren Tea Co (TPE:1233) has a Return-on-Tangible-Equity of 5.40% 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 Ten Ren Tea Co and its competitors. This is 13% below median its historical median of 6.24. Over the past decade, Ten Ren Tea Co's Return-on-Tangible-Equity has ranged from 2.93 to 12.05. According to the industry distribution chart, Ten Ren Tea Co ranks #1138 out of 1879 companies in the Consumer Packaged Goods industry, placing it in the top 60.6%.
Is Ten Ren Tea Co's Return-on-Tangible-Equity too high?
Ten Ren Tea Co's current Return-on-Tangible-Equity of 5.40% is 13% below median its 10-year median of 6.24. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 12.05. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.78. Ten Ren Tea Co's value of 5.40% is 30.6% below this industry median. Based on the distribution chart, Ten Ren Tea Co ranks #1138 out of 1879 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Ten Ren Tea Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ten Ren Tea Co's Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ten Ren Tea Co ranks #1138 out of 1879 companies for Return-on-Tangible-Equity. This places Ten Ren Tea Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.78. Ten Ren Tea Co's value of 5.40% is 30.6% below this benchmark. Historically, Ten Ren Tea Co's own Return-on-Tangible-Equity has ranged from 2.93 to 12.05 over the past decade. While the company's 10-year median is 6.24 vs. the industry median of 7.78, Ten Ren Tea 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.78, based on 1,879 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. Ten Ren Tea Co's current Return-on-Tangible-Equity of 5.40% is 30.6% 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 Ten Ren Tea Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ten Ren Tea Co's current Return-on-Tangible-Equity is 5.40%, which is 13% below median its own 10-year median of 6.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ten Ren Tea Co stock overvalued right now?
Based on GuruFocus' analysis, Ten Ren Tea Co (TPE:1233) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$34.58, compared to a current price of NT$28.15 — trading 18.6% below its estimated fair value. The current Return-on-Tangible-Equity is 5.40%, which is 13% below median its 10-year median of 6.24 and 30.6% below the Consumer Packaged Goods industry median of 7.78. Ten Ren Tea Co's overall GF Score™ is 72/100 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 Ten Ren Tea Co (TPE:1233), the current Return-on-Tangible-Equity is 5.40% 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 Ten Ren Tea Co (TPE:1233) Overvalued in 2026?

Based on GuruFocus' analysis, Ten Ren Tea Co stock appears to be undervalued. The current stock price of NT$28.15 is trading 18.6% below its estimated GF Value™ of NT$34.58. GuruFocus considers Ten Ren Tea Co to be Modestly Undervalued.

Key valuation signals for TPE:1233:

  • Return-on-Tangible-Equity: 5.40% (13% below median its 10-year median of 6.24)
  • GF Value™: NT$34.58 vs. price of NT$28.15 (18.6% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 30.6% below the Consumer Packaged Goods median (#1138 of 1879)

No single metric tells the full story. See the TPE:1233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ten Ren Tea Co Business Description

Address Zhongxiao East Road, No. 107, Sec 4, Da’an District, Taipei, TWN
Ten Ren Tea Co Ltd is engaged in the manufacture and sale of tea, tea sets, and beverages. The company markets spiced tea, herbal tea, tea bags, aged tea, cold brew, tea gift sets, green tgea, as well as teapots and cups. The segments of the company are Tea segment responsible for tea production and sales; and Food and beverage segment engaged in providing catering services. Geographically, the company derives maximum revenue from Taiwan.
72GF Score

Get the complete analysis for TPE:1233

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

NT$28.15
Price
NT$34.58
GF Value