Feng Hsin Steel Co (TPE:2015) Return-on-Tangible-Equity: 9.79% (As of Dec. 2025) — 22% Below Median


TPE:2015 Feng Hsin Steel Co Ltd TPE:2015
79 GF Score
Price NT$62.30
GF Value NT$56.69
Valuation Fairly Valued
! 4 Warning Signs
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What is Feng Hsin Steel Co Return-on-Tangible-Equity?

Feng Hsin Steel Co TPE:2015 79 Return-on-Tangible-Equity is 9.79% as of Dec. 2025, which is 22% below its 10-year median of 12.54. GuruFocus rates TPE:2015 with a GF Score™ of 79/100 and a GF Value™ of NT$56.69 (Fairly Valued). The stock has 4 warning signs investors should review. Among 614 Steel companies, Feng Hsin Steel Co ranks better than 76.38% 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. Feng Hsin Steel Co's annualized net income for the quarter that ended in Dec. 2025 was NT$2,181 Mil. Feng Hsin Steel Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$22,278 Mil. Therefore, Feng Hsin Steel Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 9.79%.

The historical rank and industry rank for Feng Hsin Steel Co's Return-on-Tangible-Equity or its related term are showing as below:

TPE:2015' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.05   Med: 12.54   Max: 19.41
Current: 10.34

During the past 13 years, Feng Hsin Steel Co's highest Return-on-Tangible-Equity was 19.41%. The lowest was 10.05%. And the median was 12.54%.

TPE:2015's Return-on-Tangible-Equity is ranked better than
76.38% of 614 companies
in the Steel industry
Industry Median: 3.95 vs TPE:2015: 10.34

Feng Hsin Steel Co  (TPE:2015) 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.


Feng Hsin Steel Co Return-on-Tangible-Equity Related Terms


Feng Hsin Steel Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Feng Hsin Steel 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.

Feng Hsin Steel Co Return-on-Tangible-Equity Chart

Feng Hsin Steel Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.41 14.01 10.87 11.20 10.05

Feng Hsin Steel Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.68 8.78 12.68 10.47 9.79

TPE:2015 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison

For the Steel subindustry, Feng Hsin Steel 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.


Feng Hsin Steel Co Return-on-Tangible-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, Feng Hsin Steel Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Feng Hsin Steel Co's Return-on-Tangible-Equity falls into.


TPE:2015
79GF Score
Feng Hsin Steel Co Ltd TPE:2015
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Feng Hsin Steel Co Return-on-Tangible-Equity Calculation

Feng Hsin Steel Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=2254.468/( (22261.178+22599.759 )/ 2 )
=2254.468/22430.4685
=10.05 %

Feng Hsin Steel Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=2181.104/( (21956.207+22599.759)/ 2 )
=2181.104/22277.983
=9.79 %

* 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 9.79% mean?
Feng Hsin Steel Co (TPE:2015) has a Return-on-Tangible-Equity of 9.79% 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 Feng Hsin Steel Co and its competitors. This is 22% below median its historical median of 12.54. Over the past decade, Feng Hsin Steel Co's Return-on-Tangible-Equity has ranged from 10.05 to 19.41. According to the industry distribution chart, Feng Hsin Steel Co ranks #145 out of 614 companies in the Steel industry, placing it in the top 23.6%.
Is Feng Hsin Steel Co's Return-on-Tangible-Equity too high?
Feng Hsin Steel Co's current Return-on-Tangible-Equity of 9.79% is 22% below median its 10-year median of 12.54. Over the past 10 years, this metric has ranged from a low of 10.05 to a high of 19.41. The Steel industry median Return-on-Tangible-Equity is 3.95. Feng Hsin Steel Co's value of 9.79% is 147.8% above this industry median. Based on the distribution chart, Feng Hsin Steel Co ranks #145 out of 614 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Feng Hsin Steel Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Feng Hsin Steel Co's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Feng Hsin Steel Co ranks #145 out of 614 companies for Return-on-Tangible-Equity. This places Feng Hsin Steel Co in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 3.95. Feng Hsin Steel Co's value of 9.79% is 147.8% above this benchmark. Historically, Feng Hsin Steel Co's own Return-on-Tangible-Equity has ranged from 10.05 to 19.41 over the past decade. While the company's 10-year median is 12.54 vs. the industry median of 3.95, Feng Hsin Steel 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 3.95, based on 614 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. Feng Hsin Steel Co's current Return-on-Tangible-Equity of 9.79% is 147.8% 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 Feng Hsin Steel Co and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Feng Hsin Steel Co's current Return-on-Tangible-Equity is 9.79%, which is 22% below median its own 10-year median of 12.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feng Hsin Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Feng Hsin Steel Co (TPE:2015) is currently considered Fairly Valued. The stock's GF Value™ is NT$56.69, compared to a current price of NT$62.30 — trading 9.9% above its estimated fair value. The current Return-on-Tangible-Equity is 9.79%, which is 22% below median its 10-year median of 12.54 and 147.8% above the Steel industry median of 3.95. Feng Hsin Steel Co's overall GF Score™ is 79/100 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 Feng Hsin Steel Co (TPE:2015), the current Return-on-Tangible-Equity is 9.79% 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 Feng Hsin Steel Co (TPE:2015) Overvalued in 2026?

Based on GuruFocus' analysis, Feng Hsin Steel Co stock appears to be overvalued. The current stock price of NT$62.30 is trading 9.9% above its estimated GF Value™ of NT$56.69. GuruFocus considers Feng Hsin Steel Co to be Fairly Valued.

Key valuation signals for TPE:2015:

  • Return-on-Tangible-Equity: 9.79% (22% below median its 10-year median of 12.54)
  • GF Value™: NT$56.69 vs. price of NT$62.30 (9.9% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 147.8% above the Steel median (#145 of 614)

No single metric tells the full story. See the TPE:2015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Feng Hsin Steel Co Business Description

Address No.998, Section 1, Jiahou Road, Houli district, Taichung, TWN, 421
Feng Hsin Steel Co Ltd manufacture and sell various types of steel products. The services provided by the Group mainly consist of transportation and insurance services for the various steel products sold. The company is engaged in the manufacturing, processing and trading of various angle iron, round iron, flat iron, flat bar, and others, along with the operation and investment of various incidental businesses. Its Steel Rolling Mill produces carbon steel and special steel. Geographically, the company generates maximum revenue from Taiwan.
79GF Score

Get the complete analysis for TPE:2015

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$62.30
Price
NT$56.69
GF Value