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King Slide Works CoTPE:2059 +1.82%92 Return-on-Tangible-Equity is 53.55% as of Dec. 2025, which is 195% above its 10-year median of 18.14. GuruFocus rates TPE:2059 with a GF Score™ of 92/100 and a GF Value™ of NT$4,367.94 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 421 Furnishings, Fixtures & Appliances companies, King Slide Works Co ranks better than 94.77% 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. King Slide Works Co's annualized net income for the quarter that ended in Dec. 2025 was NT$14,058 Mil. King Slide Works Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$26,250 Mil. Therefore, King Slide Works Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 53.55%.
The historical rank and industry rank for King Slide Works Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2059'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.42 Med: 18.14 Max: 41.38
Current: 41.38
During the past 13 years, King Slide Works Co's highest Return-on-Tangible-Equity was 41.38%. The lowest was 10.42%. And the median was 18.14%.
TPE:2059's Return-on-Tangible-Equity is ranked better than 94.77% of 421
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.08
vs TPE:2059: 41.38
King Slide Works Co (TPE:2059) 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.
King Slide Works Co Return-on-Tangible-Equity Related Terms
King Slide Works Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for King Slide Works 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.
King Slide Works Co Return-on-Tangible-Equity Chart
TPE:2059 vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, King Slide Works 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.
King Slide Works Co Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, King Slide Works Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where King Slide Works 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 53.55% mean?
King Slide Works Co (TPE:2059) has a Return-on-Tangible-Equity of 53.55% 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 King Slide Works Co and its competitors. This is 195% above median its historical median of 18.14. Over the past decade, King Slide Works Co's Return-on-Tangible-Equity has ranged from 10.42 to 41.38. According to the industry distribution chart, King Slide Works Co ranks #22 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 5.2%.
Is King Slide Works Co's Return-on-Tangible-Equity too high?
King Slide Works Co's current Return-on-Tangible-Equity of 53.55% is 195% above median its 10-year median of 18.14. Over the past 10 years, this metric has ranged from a low of 10.42 to a high of 41.38. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.08. King Slide Works Co's value of 53.55% is 954.1% above this industry median. Based on the distribution chart, King Slide Works Co ranks #22 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, King Slide Works Co has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does King Slide Works Co's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, King Slide Works Co ranks #22 out of 421 companies for Return-on-Tangible-Equity. This places King Slide Works Co in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.08. King Slide Works Co's value of 53.55% is 954.1% above this benchmark. Historically, King Slide Works Co's own Return-on-Tangible-Equity has ranged from 10.42 to 41.38 over the past decade. While the company's 10-year median is 18.14 vs. the industry median of 5.08, King Slide Works 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.08, based on 421 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. King Slide Works Co's current Return-on-Tangible-Equity of 53.55% is 954.1% 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 King Slide Works Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King Slide Works Co's current Return-on-Tangible-Equity is 53.55%, which is 195% above median its own 10-year median of 18.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Slide Works Co stock overvalued right now?
Based on GuruFocus' analysis, King Slide Works Co (TPE:2059) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$4,367.94, compared to a current price of NT$8,655.00 — trading 98.1% above its estimated fair value. The current Return-on-Tangible-Equity is 53.55%, which is 195% above median its 10-year median of 18.14 and 954.1% above the Furnishings, Fixtures & Appliances industry median of 5.08. King Slide Works Co's overall GF Score™ is 92/100 with 5 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 King Slide Works Co (TPE:2059), the current Return-on-Tangible-Equity is 53.55% 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 King Slide Works Co (TPE:2059) Overvalued in 2026?
Based on GuruFocus' analysis, King Slide Works Co stock appears to be overvalued.
The current stock price of NT$8,655.00 is trading 98.1% above its estimated GF Value™ of NT$4,367.94.
GuruFocus considers King Slide Works Co to be Significantly Overvalued.
Key valuation signals for TPE:2059:
Return-on-Tangible-Equity: 53.55% (195% above median its 10-year median of 18.14)
GF Value™: NT$4,367.94 vs. price of NT$8,655.00 (98.1% above fair value)
Industry Position: 954.1% above the Furnishings, Fixtures & Appliances median (#22 of 421)
No single metric tells the full story. See the TPE:2059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
King Slide Works Co Ltd mainly designs, manufactures and sells the following products: Rail kits for cloud computing servers and data devices. Furniture, wooden kitchen accessories, slides and molds. Its segments are King Slide Works Co, King Slide Technology Co, and others. The company generates majority of revenue from King Slide Technology Co, Ltd. mainly R&D, designs and sells the rail kits for servers and network communications equipment. The company has presence in Taiwan, USA, China, and Others. The company generates majority of revenue from USA. The company's products includes Kitchen & Furniture Solutions, Special Applications, Server Rail Kits & CMA, and Consumer Electronics Solutions.
92GF Score
Get the complete analysis for TPE:2059
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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