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Goodway MachineTPE:1583 -0.71%60 Return-on-Tangible-Equity is 7.54% as of Dec. 2025, which is 26% below its 10-year median of 10.25. GuruFocus rates TPE:1583 with a GF Score™ of 60/100 and a GF Value™ of NT$44.73 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,972 Industrial Products companies, Goodway Machine ranks worse than 86.27% 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. Goodway Machine's annualized net income for the quarter that ended in Dec. 2025 was NT$407 Mil. Goodway Machine's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$5,397 Mil. Therefore, Goodway Machine's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 7.54%.
The historical rank and industry rank for Goodway Machine's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1583'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.55 Med: 10.25 Max: 21.33
Current: -9.55
During the past 13 years, Goodway Machine's highest Return-on-Tangible-Equity was 21.33%. The lowest was -9.55%. And the median was 10.25%.
TPE:1583's Return-on-Tangible-Equity is ranked worse than 86.27% of 2972
companies
in the Industrial Products industry
Industry Median: 6.72
vs TPE:1583: -9.55
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.
Goodway Machine Return-on-Tangible-Equity Related Terms
Goodway Machine Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Goodway Machine'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:1583 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Goodway Machine'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.
Goodway Machine Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Goodway Machine's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Goodway Machine'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 7.54% mean?
Goodway Machine (TPE:1583) has a Return-on-Tangible-Equity of 7.54% 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 Goodway Machine and its competitors. This is 26% below median its historical median of 10.25. According to the industry distribution chart, Goodway Machine ranks #2564 out of 2972 companies in the Industrial Products industry, placing it in the top 86.3%.
Is Goodway Machine's Return-on-Tangible-Equity too high?
Goodway Machine's current Return-on-Tangible-Equity of 7.54% is 26% below median its 10-year median of 10.25. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Goodway Machine's value of 7.54% is 12.2% above this industry median. Based on the distribution chart, Goodway Machine ranks #2564 out of 2972 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Goodway Machine has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Goodway Machine's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Goodway Machine ranks #2564 out of 2972 companies for Return-on-Tangible-Equity. This places Goodway Machine in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.72. Goodway Machine's value of 7.54% is 12.2% above this benchmark. While the company's 10-year median is 10.25 vs. the industry median of 6.72, Goodway Machine 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,972 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. Goodway Machine's current Return-on-Tangible-Equity of 7.54% is 12.2% 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 Goodway Machine and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodway Machine's current Return-on-Tangible-Equity is 7.54%, which is 26% below median its own 10-year median of 10.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodway Machine stock overvalued right now?
Based on GuruFocus' analysis, Goodway Machine (TPE:1583) is currently considered Fairly Valued. The stock's GF Value™ is NT$44.73, compared to a current price of NT$48.70 — trading 8.9% above its estimated fair value. The current Return-on-Tangible-Equity is 7.54%, which is 26% below median its 10-year median of 10.25 and 12.2% above the Industrial Products industry median of 6.72. Goodway Machine's overall GF Score™ is 60/100 with 3 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 Goodway Machine (TPE:1583), the current Return-on-Tangible-Equity is 7.54% 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 Goodway Machine (TPE:1583) Overvalued in 2026?
Based on GuruFocus' analysis, Goodway Machine stock appears to be overvalued.
The current stock price of NT$48.70 is trading 8.9% above its estimated GF Value™ of NT$44.73.
GuruFocus considers Goodway Machine to be Fairly Valued.
Key valuation signals for TPE:1583:
Return-on-Tangible-Equity: 7.54% (26% below median its 10-year median of 10.25)
GF Value™: NT$44.73 vs. price of NT$48.70 (8.9% above fair value)
Industry Position: 12.2% above the Industrial Products median (#2564 of 2972)
No single metric tells the full story. See the TPE:1583 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodway Machine Corp engaged in manufacturing, sales, and purchases of a variety of machine tools, automatic machinery and hardware, woodworking machinery, and woodworking lathes. The company has two reportable segments, the CNC Lathe segment and the Processing Machine segment, which are mainly engaged in the design, manufacturing, and trading of industrial machine tools. Geographically, the company generates a majority of its revenue from Asia (excluding Taiwan) and the rest from Europe, America, Taiwan, and other regions.
60GF Score
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