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Cathay ConsolidatedTPE:1342 -1.29%94 Return-on-Tangible-Equity is 21.21% as of Dec. 2025, which is 0% above its 10-year median of 21.15. GuruFocus rates TPE:1342 with a GF Score™ of 94/100 and a GF Value™ of NT$114.53 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Cathay Consolidated ranks better than 87.27% 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. Cathay Consolidated's annualized net income for the quarter that ended in Dec. 2025 was NT$505 Mil. Cathay Consolidated's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,382 Mil. Therefore, Cathay Consolidated's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 21.21%.
The historical rank and industry rank for Cathay Consolidated's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1342'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.4 Med: 21.15 Max: 28.06
Current: 19.1
During the past 10 years, Cathay Consolidated's highest Return-on-Tangible-Equity was 28.06%. The lowest was 16.40%. And the median was 21.15%.
TPE:1342's Return-on-Tangible-Equity is ranked better than 87.27% of 1013
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs TPE:1342: 19.10
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.
Cathay Consolidated Return-on-Tangible-Equity Related Terms
Cathay Consolidated Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Cathay Consolidated'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.
For the Textile Manufacturing subindustry, Cathay Consolidated'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.
Cathay Consolidated Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cathay Consolidated's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Cathay Consolidated'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 21.21% mean?
Cathay Consolidated (TPE:1342) has a Return-on-Tangible-Equity of 21.21% 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 Cathay Consolidated and its competitors. This is near median its historical median of 21.15. Over the past decade, Cathay Consolidated's Return-on-Tangible-Equity has ranged from 16.40 to 28.06. According to the industry distribution chart, Cathay Consolidated ranks #129 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.7%.
Is Cathay Consolidated's Return-on-Tangible-Equity too high?
Cathay Consolidated's current Return-on-Tangible-Equity of 21.21% is near median its 10-year median of 21.15. Over the past 10 years, this metric has ranged from a low of 16.40 to a high of 28.06. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Cathay Consolidated's value of 21.21% is 378.8% above this industry median. Based on the distribution chart, Cathay Consolidated ranks #129 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Cathay Consolidated has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cathay Consolidated's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Cathay Consolidated ranks #129 out of 1013 companies for Return-on-Tangible-Equity. This places Cathay Consolidated in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.43. Cathay Consolidated's value of 21.21% is 378.8% above this benchmark. Historically, Cathay Consolidated's own Return-on-Tangible-Equity has ranged from 16.40 to 28.06 over the past decade. While the company's 10-year median is 21.15 vs. the industry median of 4.43, Cathay Consolidated has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,013 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. Cathay Consolidated's current Return-on-Tangible-Equity of 21.21% is 378.8% above 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 Cathay Consolidated and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cathay Consolidated's current Return-on-Tangible-Equity is 21.21%, which is near median its own 10-year median of 21.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cathay Consolidated stock overvalued right now?
Based on GuruFocus' analysis, Cathay Consolidated (TPE:1342) is currently considered Fairly Valued. The stock's GF Value™ is NT$114.53, compared to a current price of NT$115.00 — trading 0.4% above its estimated fair value. The current Return-on-Tangible-Equity is 21.21%, which is near median its 10-year median of 21.15 and 378.8% above the Manufacturing - Apparel & Accessories industry median of 4.43. Cathay Consolidated's overall GF Score™ is 94/100 with 7 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 Cathay Consolidated (TPE:1342), the current Return-on-Tangible-Equity is 21.21% 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 Cathay Consolidated (TPE:1342) Overvalued in 2026?
Based on GuruFocus' analysis, Cathay Consolidated stock appears to be overvalued.
The current stock price of NT$115.00 is trading 0.4% above its estimated GF Value™ of NT$114.53.
GuruFocus considers Cathay Consolidated to be Fairly Valued.
Key valuation signals for TPE:1342:
Return-on-Tangible-Equity: 21.21% (near median its 10-year median of 21.15)
GF Value™: NT$114.53 vs. price of NT$115.00 (0.4% above fair value)
Industry Position: 378.8% above the Manufacturing - Apparel & Accessories median (#129 of 1013)
No single metric tells the full story. See the TPE:1342 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cathay Consolidated Inc is a Taiwan-based company engaged in the manufacturing of TPU film, air mattresses, covers, laminated fabrics, and bladders. Its revenue mainly comes from the production and sale of functional fabrics. It operates in Taiwan, Asia, the Americas, Others, and the majority of its revenue comes from Asia. The main product of the Company is TPU film, air mattress, cover, laminated fabrics and bladder. The company's products are used in Aviation, Marine, Medical, Outdoor, and Industrial.
94GF Score
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