China Glaze CoTPE:1809 56 Return-on-Tangible-Equity is 1.81% as of Dec. 2025, which is 65% above its 10-year median of 1.10. GuruFocus rates TPE:1809 with a GF Score™ of 56/100 and a GF Value™ of NT$18.63 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,706 Construction companies, China Glaze Co ranks worse than 73.68% 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. China Glaze Co's annualized net income for the quarter that ended in Dec. 2025 was NT$52 Mil. China Glaze Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,877 Mil. Therefore, China Glaze Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 1.81%.
The historical rank and industry rank for China Glaze Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1809'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.07 Med: 1.1 Max: 3.31
Current: 1.11
During the past 13 years, China Glaze Co's highest Return-on-Tangible-Equity was 3.31%. The lowest was -2.07%. And the median was 1.10%.
TPE:1809's Return-on-Tangible-Equity is ranked worse than 73.68% of 1706
companies
in the Construction industry
Industry Median: 8.245
vs TPE:1809: 1.11
China Glaze Co (TPE:1809) 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.
China Glaze Co Return-on-Tangible-Equity Related Terms
China Glaze Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for China Glaze 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.
TPE:1809 vs TT, JCI, CARR: Return-on-Tangible-Equity Comparison
For the Building Products & Equipment subindustry, China Glaze 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.
China Glaze Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, China Glaze Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Glaze 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 1.81% mean?
China Glaze Co (TPE:1809) has a Return-on-Tangible-Equity of 1.81% 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 China Glaze Co and its competitors. This is 65% above median its historical median of 1.10. According to the industry distribution chart, China Glaze Co ranks #1257 out of 1706 companies in the Construction industry, placing it in the top 73.7%.
Is China Glaze Co's Return-on-Tangible-Equity too high?
China Glaze Co's current Return-on-Tangible-Equity of 1.81% is 65% above median its 10-year median of 1.10. The Construction industry median Return-on-Tangible-Equity is 8.25. China Glaze Co's value of 1.81% is 78% below this industry median. Based on the distribution chart, China Glaze Co ranks #1257 out of 1706 companies in the Construction industry, which is below the industry midpoint. Overall, China Glaze Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Glaze Co's Return-on-Tangible-Equity compare to TT and JCI?
According to the Construction industry distribution chart, China Glaze Co ranks #1257 out of 1706 companies for Return-on-Tangible-Equity. This places China Glaze Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.25. China Glaze Co's value of 1.81% is 78% below this benchmark. While the company's 10-year median is 1.10 vs. the industry median of 8.25, China Glaze Co has consistently been below 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 8.25, based on 1,706 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. China Glaze Co's current Return-on-Tangible-Equity of 1.81% is 78% below 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 China Glaze Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Glaze Co's current Return-on-Tangible-Equity is 1.81%, which is 65% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Glaze Co stock overvalued right now?
Based on GuruFocus' analysis, China Glaze Co (TPE:1809) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.63, compared to a current price of NT$48.60 — trading 160.9% above its estimated fair value. The current Return-on-Tangible-Equity is 1.81%, which is 65% above median its 10-year median of 1.10 and 78% below the Construction industry median of 8.25. China Glaze Co's overall GF Score™ is 56/100 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 China Glaze Co (TPE:1809), the current Return-on-Tangible-Equity is 1.81% 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 China Glaze Co (TPE:1809) Overvalued in 2026?
Based on GuruFocus' analysis, China Glaze Co stock appears to be overvalued.
The current stock price of NT$48.60 is trading 160.9% above its estimated GF Value™ of NT$18.63.
GuruFocus considers China Glaze Co to be Significantly Overvalued.
Key valuation signals for TPE:1809:
Return-on-Tangible-Equity: 1.81% (65% above median its 10-year median of 1.10)
GF Value™: NT$18.63 vs. price of NT$48.60 (160.9% above fair value)
Industry Position: 78% below the Construction median (#1257 of 1706)
No single metric tells the full story. See the TPE:1809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Glaze Co Ltd is engaged in mainly manufacturing and sales of various frit, glaze, pigments, ceramics, crystallized glass, phosphor powder for photoelectric use, and digital textile ink.
56GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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