Sanyang Motor Co (TPE:2206) Return-on-Tangible-Equity: 14.53% (As of Dec. 2025) — Near Median

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TPE:2206 Sanyang Motor Co Ltd TPE:2206
88 GF Score
Price NT$63.50
GF Value NT$72.03
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Sanyang Motor Co Return-on-Tangible-Equity?

Sanyang Motor Co TPE:2206 -1.09% 88 Return-on-Tangible-Equity is 14.53% as of Dec. 2025, which is 3% below its 10-year median of 15.02. GuruFocus rates TPE:2206 with a GF Score™ of 88/100 and a GF Value™ of NT$72.03 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,283 Vehicles & Parts companies, Sanyang Motor Co ranks better than 81.92% 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. Sanyang Motor Co's annualized net income for the quarter that ended in Dec. 2025 was NT$3,647 Mil. Sanyang Motor Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$25,097 Mil. Therefore, Sanyang Motor Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 14.53%.

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

TPE:2206' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.04   Med: 15.02   Max: 33.06
Current: 18.48

During the past 13 years, Sanyang Motor Co's highest Return-on-Tangible-Equity was 33.06%. The lowest was -2.04%. And the median was 15.02%.

TPE:2206's Return-on-Tangible-Equity is ranked better than
81.92% of 1283 companies
in the Vehicles & Parts industry
Industry Median: 7.47 vs TPE:2206: 18.48

Sanyang Motor Co  (TPE:2206) 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.


Sanyang Motor Co Return-on-Tangible-Equity Related Terms


Sanyang Motor Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Sanyang Motor 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.

Sanyang Motor Co Return-on-Tangible-Equity Chart

Sanyang Motor 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 12.13 19.35 33.06 21.04 18.15

Sanyang Motor 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 17.85 19.71 19.72 20.48 14.53

TPE:2206 vs TSLA, GM, F: Return-on-Tangible-Equity Comparison

For the Auto Manufacturers subindustry, Sanyang Motor 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.


Sanyang Motor Co Return-on-Tangible-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sanyang Motor Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sanyang Motor Co's Return-on-Tangible-Equity falls into.


TPE:2206
88GF Score
Sanyang Motor Co Ltd TPE:2206
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanyang Motor Co Return-on-Tangible-Equity Calculation

Sanyang Motor 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 )
=4533.289/( (24054.723+25903.93 )/ 2 )
=4533.289/24979.3265
=18.15 %

Sanyang Motor 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 )
=3647.12/( (24290.743+25903.93)/ 2 )
=3647.12/25097.3365
=14.53 %

* 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 14.53% mean?
Sanyang Motor Co (TPE:2206) has a Return-on-Tangible-Equity of 14.53% 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 Sanyang Motor Co and its competitors. This is near median its historical median of 15.02. According to the industry distribution chart, Sanyang Motor Co ranks #232 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 18.1%.
Is Sanyang Motor Co's Return-on-Tangible-Equity too high?
Sanyang Motor Co's current Return-on-Tangible-Equity of 14.53% is near median its 10-year median of 15.02. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.47. Sanyang Motor Co's value of 14.53% is 94.5% above this industry median. Based on the distribution chart, Sanyang Motor Co ranks #232 out of 1283 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Sanyang Motor Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sanyang Motor Co's Return-on-Tangible-Equity compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Sanyang Motor Co ranks #232 out of 1283 companies for Return-on-Tangible-Equity. This places Sanyang Motor Co in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.47. Sanyang Motor Co's value of 14.53% is 94.5% above this benchmark. While the company's 10-year median is 15.02 vs. the industry median of 7.47, Sanyang Motor 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.47, based on 1,283 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. Sanyang Motor Co's current Return-on-Tangible-Equity of 14.53% is 94.5% 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 Sanyang Motor Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanyang Motor Co's current Return-on-Tangible-Equity is 14.53%, which is near median its own 10-year median of 15.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanyang Motor Co stock overvalued right now?
Based on GuruFocus' analysis, Sanyang Motor Co (TPE:2206) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$72.03, compared to a current price of NT$63.50 — trading 11.8% below its estimated fair value. The current Return-on-Tangible-Equity is 14.53%, which is near median its 10-year median of 15.02 and 94.5% above the Vehicles & Parts industry median of 7.47. Sanyang Motor Co's overall GF Score™ is 88/100 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 Sanyang Motor Co (TPE:2206), the current Return-on-Tangible-Equity is 14.53% 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 Sanyang Motor Co (TPE:2206) Overvalued in 2026?

Based on GuruFocus' analysis, Sanyang Motor Co stock appears to be undervalued. The current stock price of NT$63.50 is trading 11.8% below its estimated GF Value™ of NT$72.03. GuruFocus considers Sanyang Motor Co to be Modestly Undervalued.

Key valuation signals for TPE:2206:

  • Return-on-Tangible-Equity: 14.53% (near median its 10-year median of 15.02)
  • GF Value™: NT$72.03 vs. price of NT$63.50 (11.8% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 94.5% above the Vehicles & Parts median (#232 of 1283)

No single metric tells the full story. See the TPE:2206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanyang Motor Co Business Description

Address No. 3, Chung Hua Road, Hukou Township, Hsinchu, TWN, 303
Sanyang Motor Co Ltd is an automobile manufacturer domiciled in Taiwan. The business activities of the group are manufacturing and sale of automobiles, scooters and their parts and providing related technical and consulting services.
88GF Score

Get the complete analysis for TPE:2206

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

NT$63.50
Price
NT$72.03
GF Value