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TRKTPE:1432 +0.66%61 Return-on-Tangible-Equity is 223.77% as of Dec. 2025. GuruFocus rates TPE:1432 with a GF Score™ of 61/100 and a GF Value™ of NT$6.72 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 793 Travel & Leisure companies, TRK ranks better than 84.87% 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. TRK's annualized net income for the quarter that ended in Dec. 2025 was NT$2,761 Mil. TRK's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,234 Mil. Therefore, TRK's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 223.77%.
The historical rank and industry rank for TRK's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1432'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -38.69 Med: -6.23 Max: 63.26
Current: 63.26
During the past 13 years, TRK's highest Return-on-Tangible-Equity was 63.26%. The lowest was -38.69%. And the median was -6.23%.
TPE:1432's Return-on-Tangible-Equity is ranked better than 84.87% of 793
companies
in the Travel & Leisure industry
Industry Median: 7.69
vs TPE:1432: 63.26
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.
TRK Return-on-Tangible-Equity Related Terms
TRK Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for TRK'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.
TPE:1432 vs AS, HAS, LTH: Return-on-Tangible-Equity Comparison
For the Leisure subindustry, TRK'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.
TRK Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, TRK's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where TRK'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 223.77% mean?
TRK (TPE:1432) has a Return-on-Tangible-Equity of 223.77% 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 TRK and its competitors. According to the industry distribution chart, TRK ranks #120 out of 793 companies in the Travel & Leisure industry, placing it in the top 15.1%.
Is TRK's Return-on-Tangible-Equity too high?
TRK's current Return-on-Tangible-Equity is 223.77%. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.69. TRK's value of 223.77% is 2809.9% above this industry median. Based on the distribution chart, TRK ranks #120 out of 793 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, TRK has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TRK's Return-on-Tangible-Equity compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, TRK ranks #120 out of 793 companies for Return-on-Tangible-Equity. This places TRK in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.69. TRK's value of 223.77% is 2809.9% above this benchmark. 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.69, based on 793 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. TRK's current Return-on-Tangible-Equity of 223.77% is 2809.9% 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 TRK and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRK's current Return-on-Tangible-Equity is 223.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRK stock overvalued right now?
Based on GuruFocus' analysis, TRK (TPE:1432) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$6.72, compared to a current price of NT$15.25 — trading 126.9% above its estimated fair value. The current Return-on-Tangible-Equity is 223.77% and 2809.9% above the Travel & Leisure industry median of 7.69. TRK's overall GF Score™ is 61/100 with 9 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 TRK (TPE:1432), the current Return-on-Tangible-Equity is 223.77% 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 TRK (TPE:1432) Overvalued in 2026?
Based on GuruFocus' analysis, TRK stock appears to be overvalued.
The current stock price of NT$15.25 is trading 126.9% above its estimated GF Value™ of NT$6.72.
GuruFocus considers TRK to be Significantly Overvalued.
Key valuation signals for TPE:1432:
Return-on-Tangible-Equity: 223.77%
GF Value™: NT$6.72 vs. price of NT$15.25 (126.9% above fair value)
Industry Position: 2809.9% above the Travel & Leisure median (#120 of 793)
No single metric tells the full story. See the TPE:1432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TRK Corp, formerly Taroko Co Ltd is engaged in the development business of department stores and shopping centres, recreational activities venue business, other leisure services, retail services of educational and entertainment materials, and international trading business. The company segments include: Strategic business segment, Construction segment, Shopping centres development segment, and Leisure and recreation segment. It earns maximum revenue from the Leisure and recreation segment.
61GF Score
Get the complete analysis for TPE:1432
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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