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Reward Wool IndustryTPE:1423 -1.08%55 Return-on-Tangible-Equity is 3.09% as of Dec. 2025, which is 23% above its 10-year median of 2.52. GuruFocus rates TPE:1423 with a GF Score™ of 55/100 and a GF Value™ of NT$24.24 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Reward Wool Industry ranks better than 75.93% 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. Reward Wool Industry's annualized net income for the quarter that ended in Dec. 2025 was NT$117.61 Mil. Reward Wool Industry's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$3,804.36 Mil. Therefore, Reward Wool Industry's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 3.09%.
The historical rank and industry rank for Reward Wool Industry's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1423'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.52 Med: 2.52 Max: 13.21
Current: 12.29
During the past 13 years, Reward Wool Industry's highest Return-on-Tangible-Equity was 13.21%. The lowest was -1.52%. And the median was 2.52%.
TPE:1423's Return-on-Tangible-Equity is ranked better than 75.93% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.425
vs TPE:1423: 12.29
Reward Wool Industry (TPE:1423) 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.
Reward Wool Industry Return-on-Tangible-Equity Related Terms
Reward Wool Industry Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Reward Wool Industry'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.
Reward Wool Industry Return-on-Tangible-Equity Chart
Reward Wool Industry Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, Reward Wool Industry'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.
Reward Wool Industry Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Reward Wool Industry's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Reward Wool Industry'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 3.09% mean?
Reward Wool Industry (TPE:1423) has a Return-on-Tangible-Equity of 3.09% 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 Reward Wool Industry and its competitors. This is 23% above median its historical median of 2.52. According to the industry distribution chart, Reward Wool Industry ranks #245 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 24.1%.
Is Reward Wool Industry's Return-on-Tangible-Equity too high?
Reward Wool Industry's current Return-on-Tangible-Equity of 3.09% is 23% above median its 10-year median of 2.52. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Reward Wool Industry's value of 3.09% is 30.2% below this industry median. Based on the distribution chart, Reward Wool Industry ranks #245 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Reward Wool Industry has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reward Wool Industry's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Reward Wool Industry ranks #245 out of 1018 companies for Return-on-Tangible-Equity. This places Reward Wool Industry in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.43. Reward Wool Industry's value of 3.09% is 30.2% below this benchmark. While the company's 10-year median is 2.52 vs. the industry median of 4.43, Reward Wool Industry 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,018 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. Reward Wool Industry's current Return-on-Tangible-Equity of 3.09% is 30.2% 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 Reward Wool Industry 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. Reward Wool Industry's current Return-on-Tangible-Equity is 3.09%, which is 23% above median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reward Wool Industry stock overvalued right now?
Based on GuruFocus' analysis, Reward Wool Industry (TPE:1423) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$24.24, compared to a current price of NT$36.60 — trading 51% above its estimated fair value. The current Return-on-Tangible-Equity is 3.09%, which is 23% above median its 10-year median of 2.52 and 30.2% below the Manufacturing - Apparel & Accessories industry median of 4.43. Reward Wool Industry's overall GF Score™ is 55/100 with 4 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 Reward Wool Industry (TPE:1423), the current Return-on-Tangible-Equity is 3.09% 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 Reward Wool Industry (TPE:1423) Overvalued in 2026?
Based on GuruFocus' analysis, Reward Wool Industry stock appears to be overvalued.
The current stock price of NT$36.60 is trading 51% above its estimated GF Value™ of NT$24.24.
GuruFocus considers Reward Wool Industry to be Significantly Overvalued.
Key valuation signals for TPE:1423:
Return-on-Tangible-Equity: 3.09% (23% above median its 10-year median of 2.52)
GF Value™: NT$24.24 vs. price of NT$36.60 (51% above fair value)
Industry Position: 30.2% below the Manufacturing - Apparel & Accessories median (#245 of 1018)
No single metric tells the full story. See the TPE:1423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reward Wool Industry Corp operates in the textile manufacturing industry. The company is engaged in the manufacturing and sales of wool tops (including carbonized noil), other special processing tops for shrink-proof, dyeing, and finishing, and import and export of related businesses. Geographically, the company derives its key revenue from its business in Taiwan and the rest from Japan, Korea, and other regions.
55GF Score
Get the complete analysis for TPE:1423
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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