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Nien Hsing Textile CoTPE:1451 73 Return-on-Tangible-Equity is 1.99% as of Jun. 2026, which is 41% below its 10-year median of 3.38. GuruFocus rates TPE:1451 with a GF Score™ of 73/100 and a GF Value™ of NT$18.14 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, Nien Hsing Textile Co ranks worse than 53.32% 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. Nien Hsing Textile Co's annualized net income for the quarter that ended in Jun. 2026 was NT$147 Mil. Nien Hsing Textile Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was NT$7,366 Mil. Therefore, Nien Hsing Textile Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 1.99%.
The historical rank and industry rank for Nien Hsing Textile Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1451'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.85 Med: 3.38 Max: 7.41
Current: 4.13
During the past 13 years, Nien Hsing Textile Co's highest Return-on-Tangible-Equity was 7.41%. The lowest was -5.85%. And the median was 3.38%.
TPE:1451's Return-on-Tangible-Equity is ranked worse than 53.32% of 1024
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.955
vs TPE:1451: 4.13
Nien Hsing Textile Co (TPE:1451) 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.
Nien Hsing Textile Co Return-on-Tangible-Equity Related Terms
Nien Hsing Textile Co Return-on-Tangible-Equity Historical Data
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The historical data trend for Nien Hsing Textile 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.
Nien Hsing Textile Co Return-on-Tangible-Equity Chart
Nien Hsing Textile Co Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, Nien Hsing Textile 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.
Nien Hsing Textile Co Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nien Hsing Textile Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nien Hsing Textile Co'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.99% mean?
Nien Hsing Textile Co (TPE:1451) has a Return-on-Tangible-Equity of 1.99% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nien Hsing Textile Co and its competitors. This is 41% below median its historical median of 3.38. According to the industry distribution chart, Nien Hsing Textile Co ranks #546 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 53.3%.
Is Nien Hsing Textile Co's Return-on-Tangible-Equity too high?
Nien Hsing Textile Co's current Return-on-Tangible-Equity of 1.99% is 41% below median its 10-year median of 3.38. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.96. Nien Hsing Textile Co's value of 1.99% is 59.8% below this industry median. Based on the distribution chart, Nien Hsing Textile Co ranks #546 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Nien Hsing Textile Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nien Hsing Textile Co's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nien Hsing Textile Co ranks #546 out of 1024 companies for Return-on-Tangible-Equity. This places Nien Hsing Textile Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.96. Nien Hsing Textile Co's value of 1.99% is 59.8% below this benchmark. While the company's 10-year median is 3.38 vs. the industry median of 4.96, Nien Hsing Textile 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.96, based on 1,024 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. Nien Hsing Textile Co's current Return-on-Tangible-Equity of 1.99% is 59.8% 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 Nien Hsing Textile Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nien Hsing Textile Co's current Return-on-Tangible-Equity is 1.99%, which is 41% below median its own 10-year median of 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nien Hsing Textile Co stock overvalued right now?
Based on GuruFocus' analysis, Nien Hsing Textile Co (TPE:1451) is currently considered Fairly Valued. The stock's GF Value™ is NT$18.14, compared to a current price of NT$17.30 — trading 4.6% below its estimated fair value. The current Return-on-Tangible-Equity is 1.99%, which is 41% below median its 10-year median of 3.38 and 59.8% below the Manufacturing - Apparel & Accessories industry median of 4.96. Nien Hsing Textile Co's overall GF Score™ is 73/100 with 2 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 Nien Hsing Textile Co (TPE:1451), the current Return-on-Tangible-Equity is 1.99% as of Jun. 2026. 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 Nien Hsing Textile Co (TPE:1451) Overvalued in 2026?
Based on GuruFocus' analysis, Nien Hsing Textile Co stock appears to be undervalued.
The current stock price of NT$17.30 is trading 4.6% below its estimated GF Value™ of NT$18.14.
GuruFocus considers Nien Hsing Textile Co to be Fairly Valued.
Key valuation signals for TPE:1451:
Return-on-Tangible-Equity: 1.99% (41% below median its 10-year median of 3.38)
GF Value™: NT$18.14 vs. price of NT$17.30 (4.6% below fair value)
Industry Position: 59.8% below the Manufacturing - Apparel & Accessories median (#546 of 1024)
No single metric tells the full story. See the TPE:1451 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nien Hsing Textile Co Ltd is a Taiwan-based company that is principally engaged in the manufacture and sale of various kinds of denim fabrics, jeans-related clothes, fabrics for casual wear, and ring spun yarns. The denim fabrics and jeans-related clothes jointly account for the majority of the company's total revenue. The company owns a vertically integrated production line, including spinning, dyeing and finishing, weaving, garment making, and marketing. The company distributes its products to overseas markets such as the Americas, Asia, Africa, and other areas, with Taiwan being its key market.
73GF Score
Get the complete analysis for TPE:1451
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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