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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. Yung Chi Paint & Varnish Mfg Co's annualized net income for the quarter that ended in Dec. 2025 was NT$796 Mil. Yung Chi Paint & Varnish Mfg Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$10,237 Mil. Therefore, Yung Chi Paint & Varnish Mfg Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 7.77%.
The historical rank and industry rank for Yung Chi Paint & Varnish Mfg Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1726'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.11 Med: 8.81 Max: 13.03
Current: 8.75
During the past 13 years, Yung Chi Paint & Varnish Mfg Co's highest Return-on-Tangible-Equity was 13.03%. The lowest was 8.11%. And the median was 8.81%.
TPE:1726's Return-on-Tangible-Equity is ranked better than 63.73% of 1569
companies
in the Chemicals industry
Industry Median: 5.78
vs TPE:1726: 8.75
Yung Chi Paint & Varnish Mfg Co (TPE:1726) 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.
Yung Chi Paint & Varnish Mfg Co Return-on-Tangible-Equity Related Terms
Yung Chi Paint & Varnish Mfg Co 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.
Yung Chi Paint & Varnish Mfg Co Return-on-Tangible-Equity Chart
TPE:1726 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Yung Chi Paint & Varnish Mfg 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.
Yung Chi Paint & Varnish Mfg Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Yung Chi Paint & Varnish Mfg Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Yung Chi Paint & Varnish Mfg 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 7.77% mean?
Yung Chi Paint & Varnish Mfg Co (TPE:1726) has a Return-on-Tangible-Equity of 7.77% 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 Yung Chi Paint & Varnish Mfg Co and its competitors. This is 12% below median its historical median of 8.81. Over the past decade, Yung Chi Paint & Varnish Mfg Co's Return-on-Tangible-Equity has ranged from 8.11 to 13.03. According to the industry distribution chart, Yung Chi Paint & Varnish Mfg Co ranks #569 out of 1569 companies in the Chemicals industry, placing it in the top 36.3%.
Is Yung Chi Paint & Varnish Mfg Co's Return-on-Tangible-Equity too high?
Yung Chi Paint & Varnish Mfg Co's current Return-on-Tangible-Equity of 7.77% is 12% below median its 10-year median of 8.81. Over the past 10 years, this metric has ranged from a low of 8.11 to a high of 13.03. The Chemicals industry median Return-on-Tangible-Equity is 5.78. Yung Chi Paint & Varnish Mfg Co's value of 7.77% is 34.4% above this industry median. Based on the distribution chart, Yung Chi Paint & Varnish Mfg Co ranks #569 out of 1569 companies in the Chemicals industry, which is above the industry midpoint. Overall, Yung Chi Paint & Varnish Mfg Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yung Chi Paint & Varnish Mfg Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Yung Chi Paint & Varnish Mfg Co ranks #569 out of 1569 companies for Return-on-Tangible-Equity. This puts Yung Chi Paint & Varnish Mfg Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.78. Yung Chi Paint & Varnish Mfg Co's value of 7.77% is 34.4% above this benchmark. Historically, Yung Chi Paint & Varnish Mfg Co's own Return-on-Tangible-Equity has ranged from 8.11 to 13.03 over the past decade. While the company's 10-year median is 8.81 vs. the industry median of 5.78, Yung Chi Paint & Varnish Mfg 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.78, based on 1,569 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. Yung Chi Paint & Varnish Mfg Co's current Return-on-Tangible-Equity of 7.77% is 34.4% 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 Yung Chi Paint & Varnish Mfg Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yung Chi Paint & Varnish Mfg Co's current Return-on-Tangible-Equity is 7.77%, which is 12% below median its own 10-year median of 8.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yung Chi Paint & Varnish Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Yung Chi Paint & Varnish Mfg Co (TPE:1726) is currently considered Fairly Valued. The stock's GF Value™ is NT$77.16, compared to a current price of NT$80.20 — trading 3.9% above its estimated fair value. The current Return-on-Tangible-Equity is 7.77%, which is 12% below median its 10-year median of 8.81 and 34.4% above the Chemicals industry median of 5.78. Yung Chi Paint & Varnish Mfg Co's overall GF Score™ is 85/100 with 4 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 Yung Chi Paint & Varnish Mfg Co (TPE:1726), the current Return-on-Tangible-Equity is 7.77% 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 Yung Chi Paint & Varnish Mfg Co (TPE:1726) Overvalued in 2026?
Based on GuruFocus' analysis, Yung Chi Paint & Varnish Mfg Co stock appears to be overvalued.
The current stock price of NT$80.20 is trading 3.9% above its estimated GF Value™ of NT$77.16.
GuruFocus considers Yung Chi Paint & Varnish Mfg Co to be Fairly Valued.
Key valuation signals for TPE:1726:
Return-on-Tangible-Equity: 7.77% (12% below median its 10-year median of 8.81)
GF Value™: NT$77.16 vs. price of NT$80.20 (3.9% above fair value)
Industry Position: 34.4% above the Chemicals median (#569 of 1569)
No single metric tells the full story. See the TPE:1726 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yung Chi Paint & Varnish Mfg Co Business Description
Yung Chi Paint & Varnish Mfg Co Ltd is mainly engaged in the manufacture and sale of paints and coatings and the undertaking of painting projects. The company operates in two segments: the Paint Business Department, which is mainly engaged in the manufacture and sale of various paint products, and the Coating Engineering Department, engaged in the business of painting projects and structural coating or restoration. The company derives the majority of its revenue from the Paint business segment.
85GF Score
Get the complete analysis for TPE:1726
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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