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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. Yuen Chang Stainless Steel Co's annualized net income for the quarter that ended in Dec. 2025 was NT$350 Mil. Yuen Chang Stainless Steel Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$4,039 Mil. Therefore, Yuen Chang Stainless Steel Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 8.67%.
The historical rank and industry rank for Yuen Chang Stainless Steel Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2069'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.77 Med: 6.2 Max: 26.31
Current: 6.76
During the past 13 years, Yuen Chang Stainless Steel Co's highest Return-on-Tangible-Equity was 26.31%. The lowest was -3.77%. And the median was 6.20%.
TPE:2069's Return-on-Tangible-Equity is ranked better than 64.39% of 615
companies
in the Steel industry
Industry Median: 3.97
vs TPE:2069: 6.76
Yuen Chang Stainless Steel Co (TPE:2069) 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.
Yuen Chang Stainless Steel Co Return-on-Tangible-Equity Related Terms
Yuen Chang Stainless Steel 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.
Yuen Chang Stainless Steel Co Return-on-Tangible-Equity Chart
TPE:2069 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Yuen Chang Stainless 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.
Yuen Chang Stainless Steel Co Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Yuen Chang Stainless Steel Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Yuen Chang Stainless Steel 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 8.67% mean?
Yuen Chang Stainless Steel Co (TPE:2069) has a Return-on-Tangible-Equity of 8.67% 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 Yuen Chang Stainless Steel Co and its competitors. This is 40% above median its historical median of 6.20. According to the industry distribution chart, Yuen Chang Stainless Steel Co ranks #219 out of 615 companies in the Steel industry, placing it in the top 35.6%.
Is Yuen Chang Stainless Steel Co's Return-on-Tangible-Equity too high?
Yuen Chang Stainless Steel Co's current Return-on-Tangible-Equity of 8.67% is 40% above median its 10-year median of 6.20. The Steel industry median Return-on-Tangible-Equity is 3.97. Yuen Chang Stainless Steel Co's value of 8.67% is 118.4% above this industry median. Based on the distribution chart, Yuen Chang Stainless Steel Co ranks #219 out of 615 companies in the Steel industry, which is above the industry midpoint. Overall, Yuen Chang Stainless Steel Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yuen Chang Stainless Steel Co's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Yuen Chang Stainless Steel Co ranks #219 out of 615 companies for Return-on-Tangible-Equity. This puts Yuen Chang Stainless Steel Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 3.97. Yuen Chang Stainless Steel Co's value of 8.67% is 118.4% above this benchmark. While the company's 10-year median is 6.20 vs. the industry median of 3.97, Yuen Chang Stainless 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 3.97, based on 615 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. Yuen Chang Stainless Steel Co's current Return-on-Tangible-Equity of 8.67% is 118.4% 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 Yuen Chang Stainless Steel Co and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yuen Chang Stainless Steel Co's current Return-on-Tangible-Equity is 8.67%, which is 40% above median its own 10-year median of 6.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yuen Chang Stainless Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Yuen Chang Stainless Steel Co (TPE:2069) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$14.09, compared to a current price of NT$17.85 — trading 26.7% above its estimated fair value. The current Return-on-Tangible-Equity is 8.67%, which is 40% above median its 10-year median of 6.20 and 118.4% above the Steel industry median of 3.97. Yuen Chang Stainless Steel Co's overall GF Score™ is 70/100 with 6 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 Yuen Chang Stainless Steel Co (TPE:2069), the current Return-on-Tangible-Equity is 8.67% 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 Yuen Chang Stainless Steel Co (TPE:2069) Overvalued in 2026?
Based on GuruFocus' analysis, Yuen Chang Stainless Steel Co stock appears to be overvalued.
The current stock price of NT$17.85 is trading 26.7% above its estimated GF Value™ of NT$14.09.
GuruFocus considers Yuen Chang Stainless Steel Co to be Modestly Overvalued.
Key valuation signals for TPE:2069:
Return-on-Tangible-Equity: 8.67% (40% above median its 10-year median of 6.20)
GF Value™: NT$14.09 vs. price of NT$17.85 (26.7% above fair value)
Industry Position: 118.4% above the Steel median (#219 of 615)
No single metric tells the full story. See the TPE:2069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yuen Chang Stainless Steel Co Business Description
Yuen Chang Stainless Steel Co Ltd specializes in stainless steel processing and manufacturing. The company, together with its subsidiaries, is mainly involved in stainless steel shearing, splitting, surface finishing, processing, trading, and the import and export of stainless steel products. Geographically, it derives maximum revenue from Asia (excluding Taiwan), followed by the Americas, Taiwan, and other regions.
70GF Score
Get the complete analysis for TPE:2069
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