De Licacy Industrial CoTPE:1464 69 Return-on-Tangible-Equity is 11.18% as of Dec. 2025, which is 89% above its 10-year median of 5.93. GuruFocus rates TPE:1464 with a GF Score™ of 69/100 and a GF Value™ of NT$15.86 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, De Licacy Industrial Co ranks worse than 56.76% 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. De Licacy Industrial Co's annualized net income for the quarter that ended in Dec. 2025 was NT$546 Mil. De Licacy Industrial Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$4,889 Mil. Therefore, De Licacy Industrial Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 11.18%.
The historical rank and industry rank for De Licacy Industrial Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1464'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.1 Med: 5.93 Max: 11.35
Current: 2.96
During the past 13 years, De Licacy Industrial Co's highest Return-on-Tangible-Equity was 11.35%. The lowest was -4.10%. And the median was 5.93%.
TPE:1464's Return-on-Tangible-Equity is ranked worse than 56.76% of 1013
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs TPE:1464: 2.96
De Licacy Industrial Co (TPE:1464) 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.
De Licacy Industrial Co Return-on-Tangible-Equity Related Terms
De Licacy Industrial Co Return-on-Tangible-Equity Historical Data
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The historical data trend for De Licacy Industrial 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.
De Licacy Industrial Co Return-on-Tangible-Equity Chart
De Licacy Industrial Co Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, De Licacy Industrial 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.
De Licacy Industrial Co Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, De Licacy Industrial Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where De Licacy Industrial 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 (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 11.18% mean?
De Licacy Industrial Co (TPE:1464) has a Return-on-Tangible-Equity of 11.18% 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 De Licacy Industrial Co and its competitors. This is 89% above median its historical median of 5.93. According to the industry distribution chart, De Licacy Industrial Co ranks #575 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 56.8%.
Is De Licacy Industrial Co's Return-on-Tangible-Equity too high?
De Licacy Industrial Co's current Return-on-Tangible-Equity of 11.18% is 89% above median its 10-year median of 5.93. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. De Licacy Industrial Co's value of 11.18% is 152.4% above this industry median. Based on the distribution chart, De Licacy Industrial Co ranks #575 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, De Licacy Industrial Co has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does De Licacy Industrial Co's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, De Licacy Industrial Co ranks #575 out of 1013 companies for Return-on-Tangible-Equity. This places De Licacy Industrial Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.43. De Licacy Industrial Co's value of 11.18% is 152.4% above this benchmark. While the company's 10-year median is 5.93 vs. the industry median of 4.43, De Licacy Industrial Co 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. De Licacy Industrial Co's current Return-on-Tangible-Equity of 11.18% is 152.4% 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 De Licacy Industrial Co 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. De Licacy Industrial Co's current Return-on-Tangible-Equity is 11.18%, which is 89% above median its own 10-year median of 5.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is De Licacy Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, De Licacy Industrial Co (TPE:1464) is currently considered Possible Value Trap. The stock's GF Value™ is NT$15.86, compared to a current price of NT$10.55 — trading 33.5% below its estimated fair value. The current Return-on-Tangible-Equity is 11.18%, which is 89% above median its 10-year median of 5.93 and 152.4% above the Manufacturing - Apparel & Accessories industry median of 4.43. De Licacy Industrial Co's overall GF Score™ is 69/100 with 5 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 De Licacy Industrial Co (TPE:1464), the current Return-on-Tangible-Equity is 11.18% 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 De Licacy Industrial Co (TPE:1464) Overvalued in 2026?
Based on GuruFocus' analysis, De Licacy Industrial Co stock appears to be undervalued.
The current stock price of NT$10.55 is trading 33.5% below its estimated GF Value™ of NT$15.86.
GuruFocus considers De Licacy Industrial Co to be Possible Value Trap.
Key valuation signals for TPE:1464:
Return-on-Tangible-Equity: 11.18% (89% above median its 10-year median of 5.93)
GF Value™: NT$15.86 vs. price of NT$10.55 (33.5% below fair value)
Industry Position: 152.4% above the Manufacturing - Apparel & Accessories median (#575 of 1013)
No single metric tells the full story. See the TPE:1464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
De Licacy Industrial Co Ltd is a textile company engaged in manufacturing, dyeing and finishing, and trading of various textiles. The company manufacture plaid cloth, blended cloth, jacquard cloth, bubble cloth, telescopic cloth, chemical fiber cloth, polyester cotton cloth, satin, and other textile manufacturing, dyeing, and finishing processing, and trading business. It manufactures and markets yarn-dyed fabric in various materials, including cotton, polyester, viscose rayon, tencel, lyocell, polynosic, modal, nylon, linen, and stretch, which are used for manufacturing shirts, bottoms, suits, outerwear, sportswear, and home textiles, among others. The company operates in Japan, Singapore, Hong Kong, Europe, and North America, along with Taiwan.
69GF Score
Get the complete analysis for TPE:1464
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