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Airtac International GroupTPE:1590 +5.81%99 Return-on-Tangible-Equity is 18.55% as of Dec. 2025, which is 8% above its 10-year median of 17.19. GuruFocus rates TPE:1590 with a GF Score™ of 99/100 and a GF Value™ of NT$1,223.66 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,970 Industrial Products companies, Airtac International Group ranks better than 82.42% 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. Airtac International Group's annualized net income for the quarter that ended in Dec. 2025 was NT$9,311 Mil. Airtac International Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$50,208 Mil. Therefore, Airtac International Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 18.55%.
The historical rank and industry rank for Airtac International Group's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1590'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 15.52 Med: 17.19 Max: 24.96
Current: 17.6
During the past 13 years, Airtac International Group's highest Return-on-Tangible-Equity was 24.96%. The lowest was 15.52%. And the median was 17.19%.
TPE:1590's Return-on-Tangible-Equity is ranked better than 82.42% of 2970
companies
in the Industrial Products industry
Industry Median: 6.725
vs TPE:1590: 17.60
Airtac International Group (TPE:1590) 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.
Airtac International Group Return-on-Tangible-Equity Related Terms
Airtac International Group Return-on-Tangible-Equity Historical Data
* 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.
Airtac International Group Return-on-Tangible-Equity Chart
TPE:1590 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Airtac International Group'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.
Airtac International Group Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Airtac International Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Airtac International Group'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 18.55% mean?
Airtac International Group (TPE:1590) has a Return-on-Tangible-Equity of 18.55% 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 Airtac International Group and its competitors. This is near median its historical median of 17.19. Over the past decade, Airtac International Group's Return-on-Tangible-Equity has ranged from 15.52 to 24.96. According to the industry distribution chart, Airtac International Group ranks #522 out of 2970 companies in the Industrial Products industry, placing it in the top 17.6%.
Is Airtac International Group's Return-on-Tangible-Equity too high?
Airtac International Group's current Return-on-Tangible-Equity of 18.55% is near median its 10-year median of 17.19. Over the past 10 years, this metric has ranged from a low of 15.52 to a high of 24.96. The Industrial Products industry median Return-on-Tangible-Equity is 6.73. Airtac International Group's value of 18.55% is 175.8% above this industry median. Based on the distribution chart, Airtac International Group ranks #522 out of 2970 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Airtac International Group has a GF Score™ of 99/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airtac International Group's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Airtac International Group ranks #522 out of 2970 companies for Return-on-Tangible-Equity. This places Airtac International Group in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.73. Airtac International Group's value of 18.55% is 175.8% above this benchmark. Historically, Airtac International Group's own Return-on-Tangible-Equity has ranged from 15.52 to 24.96 over the past decade. While the company's 10-year median is 17.19 vs. the industry median of 6.73, Airtac International Group 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 6.73, based on 2,970 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. Airtac International Group's current Return-on-Tangible-Equity of 18.55% is 175.8% 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 Airtac International Group and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airtac International Group's current Return-on-Tangible-Equity is 18.55%, which is near median its own 10-year median of 17.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airtac International Group stock overvalued right now?
Based on GuruFocus' analysis, Airtac International Group (TPE:1590) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$1,223.66, compared to a current price of NT$1,350.00 — trading 10.3% above its estimated fair value. The current Return-on-Tangible-Equity is 18.55%, which is near median its 10-year median of 17.19 and 175.8% above the Industrial Products industry median of 6.73. Airtac International Group's overall GF Score™ is 99/100 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 Airtac International Group (TPE:1590), the current Return-on-Tangible-Equity is 18.55% 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 Airtac International Group (TPE:1590) Overvalued in 2026?
Based on GuruFocus' analysis, Airtac International Group stock appears to be overvalued.
The current stock price of NT$1,350.00 is trading 10.3% above its estimated GF Value™ of NT$1,223.66.
GuruFocus considers Airtac International Group to be Modestly Overvalued.
Key valuation signals for TPE:1590:
Return-on-Tangible-Equity: 18.55% (near median its 10-year median of 17.19)
GF Value™: NT$1,223.66 vs. price of NT$1,350.00 (10.3% above fair value)
Industry Position: 175.8% above the Industrial Products median (#522 of 2970)
No single metric tells the full story. See the TPE:1590 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Established in Taiwan in 1989, AirTAC International Group specializes in producing actuators, control components, air preparation products, and accessories, which are widely used in industrial automation, including industries such as electronics, energy & lighting, battery, packaging, automotive, general machinery, and textile. The firm is the second-largest pneumatic equipment manufacturer in China, with 30% market share. AirTAC generated more than 90% of sales from China in 2025.
99GF Score
Get the complete analysis for TPE:1590
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