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United Integrated Services CoTPE:2404 +8.44%85 Return-on-Tangible-Equity is 61.76% as of Dec. 2025, which is 63% above its 10-year median of 37.82. GuruFocus rates TPE:2404 with a GF Score™ of 85/100 and a GF Value™ of NT$527.39 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,712 Construction companies, United Integrated Services Co ranks better than 90.95% 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. United Integrated Services Co's annualized net income for the quarter that ended in Dec. 2025 was NT$10,578 Mil. United Integrated Services Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$17,126 Mil. Therefore, United Integrated Services Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 61.76%.
The historical rank and industry rank for United Integrated Services Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2404'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 18.66 Med: 37.82 Max: 62.35
Current: 62.35
During the past 13 years, United Integrated Services Co's highest Return-on-Tangible-Equity was 62.35%. The lowest was 18.66%. And the median was 37.82%.
TPE:2404's Return-on-Tangible-Equity is ranked better than 90.95% of 1712
companies
in the Construction industry
Industry Median: 8.235
vs TPE:2404: 62.35
United Integrated Services Co (TPE:2404) 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.
United Integrated Services Co Return-on-Tangible-Equity Related Terms
United Integrated Services 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.
United Integrated Services Co Return-on-Tangible-Equity Chart
TPE:2404 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, United Integrated Services 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.
United Integrated Services Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, United Integrated Services Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where United Integrated Services 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 61.76% mean?
United Integrated Services Co (TPE:2404) has a Return-on-Tangible-Equity of 61.76% 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 United Integrated Services Co and its competitors. This is 63% above median its historical median of 37.82. Over the past decade, United Integrated Services Co's Return-on-Tangible-Equity has ranged from 18.66 to 62.35. According to the industry distribution chart, United Integrated Services Co ranks #155 out of 1712 companies in the Construction industry, placing it in the top 9.1%.
Is United Integrated Services Co's Return-on-Tangible-Equity too high?
United Integrated Services Co's current Return-on-Tangible-Equity of 61.76% is 63% above median its 10-year median of 37.82. Over the past 10 years, this metric has ranged from a low of 18.66 to a high of 62.35. The Construction industry median Return-on-Tangible-Equity is 8.24. United Integrated Services Co's value of 61.76% is 650% above this industry median. Based on the distribution chart, United Integrated Services Co ranks #155 out of 1712 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, United Integrated Services Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Integrated Services Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, United Integrated Services Co ranks #155 out of 1712 companies for Return-on-Tangible-Equity. This places United Integrated Services Co in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.24. United Integrated Services Co's value of 61.76% is 650% above this benchmark. Historically, United Integrated Services Co's own Return-on-Tangible-Equity has ranged from 18.66 to 62.35 over the past decade. While the company's 10-year median is 37.82 vs. the industry median of 8.24, United Integrated Services 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.24, based on 1,712 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. United Integrated Services Co's current Return-on-Tangible-Equity of 61.76% is 650% 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 United Integrated Services Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Integrated Services Co's current Return-on-Tangible-Equity is 61.76%, which is 63% above median its own 10-year median of 37.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Integrated Services Co stock overvalued right now?
Based on GuruFocus' analysis, United Integrated Services Co (TPE:2404) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$527.39, compared to a current price of NT$1,285.00 — trading 143.7% above its estimated fair value. The current Return-on-Tangible-Equity is 61.76%, which is 63% above median its 10-year median of 37.82 and 650% above the Construction industry median of 8.24. United Integrated Services Co's overall GF Score™ is 85/100 with 2 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 United Integrated Services Co (TPE:2404), the current Return-on-Tangible-Equity is 61.76% 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 United Integrated Services Co (TPE:2404) Overvalued in 2026?
Based on GuruFocus' analysis, United Integrated Services Co stock appears to be overvalued.
The current stock price of NT$1,285.00 is trading 143.7% above its estimated GF Value™ of NT$527.39.
GuruFocus considers United Integrated Services Co to be Significantly Overvalued.
Key valuation signals for TPE:2404:
Return-on-Tangible-Equity: 61.76% (63% above median its 10-year median of 37.82)
GF Value™: NT$527.39 vs. price of NT$1,285.00 (143.7% above fair value)
Industry Position: 650% above the Construction median (#155 of 1712)
No single metric tells the full story. See the TPE:2404 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Integrated Services Co Business Description
United Integrated Services Co Ltd is a Taiwan-based engineering and construction company. The company's service offerings include engineering consulting and high-tech factory planning and delivery that integrate clients' clean-room systems; heating, ventilation, and air-conditioning systems; electrical systems; instrumentation and control; process utilities telecommunication systems; and tool hook-up. The company also provides turnkey services, including planning, procurement, construction, startup/commissioning, and post-construction operation and maintenance services. Its operating segments are Engineering and Integration department; Maintenance and Design department; and Other.
85GF Score
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