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Triocean Industrial CoTPE:1472 +0.12%80 Return-on-Tangible-Equity is 15.04% as of Dec. 2025, which is 128% above its 10-year median of 6.60. GuruFocus rates TPE:1472 with a GF Score™ of 80/100 and a GF Value™ of NT$78.12 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,709 Construction companies, Triocean Industrial Co ranks better than 75.48% 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. Triocean Industrial Co's annualized net income for the quarter that ended in Dec. 2025 was NT$273 Mil. Triocean Industrial Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,817 Mil. Therefore, Triocean Industrial Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 15.04%.
The historical rank and industry rank for Triocean Industrial Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1472'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -758.86 Med: 6.6 Max: 21.51
Current: 19.36
During the past 13 years, Triocean Industrial Co's highest Return-on-Tangible-Equity was 21.51%. The lowest was -758.86%. And the median was 6.60%.
TPE:1472's Return-on-Tangible-Equity is ranked better than 75.48% of 1709
companies
in the Construction industry
Industry Median: 8.21
vs TPE:1472: 19.36
Triocean Industrial Co (TPE:1472) 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.
Triocean Industrial Co Return-on-Tangible-Equity Related Terms
Triocean Industrial Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Triocean 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.
Triocean Industrial Co Return-on-Tangible-Equity Chart
TPE:1472 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Triocean 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.
Triocean Industrial Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Triocean Industrial Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Triocean 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 15.04% mean?
Triocean Industrial Co (TPE:1472) has a Return-on-Tangible-Equity of 15.04% 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 Triocean Industrial Co and its competitors. This is 128% above median its historical median of 6.60. According to the industry distribution chart, Triocean Industrial Co ranks #419 out of 1709 companies in the Construction industry, placing it in the top 24.5%.
Is Triocean Industrial Co's Return-on-Tangible-Equity too high?
Triocean Industrial Co's current Return-on-Tangible-Equity of 15.04% is 128% above median its 10-year median of 6.60. The Construction industry median Return-on-Tangible-Equity is 8.21. Triocean Industrial Co's value of 15.04% is 83.2% above this industry median. Based on the distribution chart, Triocean Industrial Co ranks #419 out of 1709 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Triocean Industrial Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Triocean Industrial Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Triocean Industrial Co ranks #419 out of 1709 companies for Return-on-Tangible-Equity. This places Triocean Industrial Co in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.21. Triocean Industrial Co's value of 15.04% is 83.2% above this benchmark. While the company's 10-year median is 6.60 vs. the industry median of 8.21, Triocean 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,709 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. Triocean Industrial Co's current Return-on-Tangible-Equity of 15.04% is 83.2% 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 Triocean Industrial Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triocean Industrial Co's current Return-on-Tangible-Equity is 15.04%, which is 128% above median its own 10-year median of 6.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triocean Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Triocean Industrial Co (TPE:1472) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$78.12, compared to a current price of NT$86.90 — trading 11.2% above its estimated fair value. The current Return-on-Tangible-Equity is 15.04%, which is 128% above median its 10-year median of 6.60 and 83.2% above the Construction industry median of 8.21. Triocean Industrial Co's overall GF Score™ is 80/100 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 Triocean Industrial Co (TPE:1472), the current Return-on-Tangible-Equity is 15.04% 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 Triocean Industrial Co (TPE:1472) Overvalued in 2026?
Based on GuruFocus' analysis, Triocean Industrial Co stock appears to be overvalued.
The current stock price of NT$86.90 is trading 11.2% above its estimated GF Value™ of NT$78.12.
GuruFocus considers Triocean Industrial Co to be Modestly Overvalued.
Key valuation signals for TPE:1472:
Return-on-Tangible-Equity: 15.04% (128% above median its 10-year median of 6.60)
GF Value™: NT$78.12 vs. price of NT$86.90 (11.2% above fair value)
Industry Position: 83.2% above the Construction median (#419 of 1709)
No single metric tells the full story. See the TPE:1472 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Triocean Industrial Corp Co Ltd is engaged in the construction business. The company's business includes contracting repair/renovation projects, undertaking construction such as land preparation, infrastructure, installation of construction equipment, and construction, reconstruction, and repair of civil engineering projects. It mainly undertakes private residential projects, and cooperates with its subsidiary, to execute public engineering projects focusing on water and electrical works.
80GF Score
Get the complete analysis for TPE:1472
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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