Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Cathay Real Estate Development CoTPE:2501 -2.18%84 Return-on-Tangible-Equity is 14.35% as of Dec. 2025, which is 131% above its 10-year median of 6.20. GuruFocus rates TPE:2501 with a GF Score™ of 84/100 and a GF Value™ of NT$25.56 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,719 Real Estate companies, Cathay Real Estate Development Co ranks better than 75.28% on this metric.
The historical rank and industry rank for Cathay Real Estate Development Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2501'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.4 Med: 6.2 Max: 15.11
Current: 11.39
During the past 13 years, Cathay Real Estate Development Co's highest Return-on-Tangible-Equity was 15.11%. The lowest was 3.40%. And the median was 6.20%.
TPE:2501's Return-on-Tangible-Equity is ranked better than 75.28% of 1719
companies
in the Real Estate industry
Industry Median: 4.27
vs TPE:2501: 11.39
Cathay Real Estate Development Co (TPE:2501) 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.
Cathay Real Estate Development Co Return-on-Tangible-Equity Related Terms
Cathay Real Estate Development 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.
Cathay Real Estate Development Co Return-on-Tangible-Equity Chart
Cathay Real Estate Development Co Return-on-Tangible-Equity Competitor Comparison
For the Real Estate - Development subindustry, Cathay Real Estate Development 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.
Cathay Real Estate Development Co Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Cathay Real Estate Development Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Cathay Real Estate Development 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 14.35% mean?
Cathay Real Estate Development Co (TPE:2501) has a Return-on-Tangible-Equity of 14.35% 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 Cathay Real Estate Development Co and its competitors. This is 131% above median its historical median of 6.20. Over the past decade, Cathay Real Estate Development Co's Return-on-Tangible-Equity has ranged from 3.40 to 15.11. According to the industry distribution chart, Cathay Real Estate Development Co ranks #425 out of 1719 companies in the Real Estate industry, placing it in the top 24.7%.
Is Cathay Real Estate Development Co's Return-on-Tangible-Equity too high?
Cathay Real Estate Development Co's current Return-on-Tangible-Equity of 14.35% is 131% above median its 10-year median of 6.20. Over the past 10 years, this metric has ranged from a low of 3.40 to a high of 15.11. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Cathay Real Estate Development Co's value of 14.35% is 236.1% above this industry median. Based on the distribution chart, Cathay Real Estate Development Co ranks #425 out of 1719 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Cathay Real Estate Development Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cathay Real Estate Development Co's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Cathay Real Estate Development Co ranks #425 out of 1719 companies for Return-on-Tangible-Equity. This places Cathay Real Estate Development Co in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.27. Cathay Real Estate Development Co's value of 14.35% is 236.1% above this benchmark. Historically, Cathay Real Estate Development Co's own Return-on-Tangible-Equity has ranged from 3.40 to 15.11 over the past decade. While the company's 10-year median is 6.20 vs. the industry median of 4.27, Cathay Real Estate Development 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,719 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. Cathay Real Estate Development Co's current Return-on-Tangible-Equity of 14.35% is 236.1% 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 Cathay Real Estate Development Co and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cathay Real Estate Development Co's current Return-on-Tangible-Equity is 14.35%, which is 131% 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 Cathay Real Estate Development Co stock overvalued right now?
Based on GuruFocus' analysis, Cathay Real Estate Development Co (TPE:2501) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$25.56, compared to a current price of NT$22.40 — trading 12.4% below its estimated fair value. The current Return-on-Tangible-Equity is 14.35%, which is 131% above median its 10-year median of 6.20 and 236.1% above the Real Estate industry median of 4.27. Cathay Real Estate Development Co's overall GF Score™ is 84/100 with 3 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 Cathay Real Estate Development Co (TPE:2501), the current Return-on-Tangible-Equity is 14.35% 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 Cathay Real Estate Development Co (TPE:2501) Overvalued in 2026?
Based on GuruFocus' analysis, Cathay Real Estate Development Co stock appears to be undervalued.
The current stock price of NT$22.40 is trading 12.4% below its estimated GF Value™ of NT$25.56.
GuruFocus considers Cathay Real Estate Development Co to be Modestly Undervalued.
Key valuation signals for TPE:2501:
Return-on-Tangible-Equity: 14.35% (131% above median its 10-year median of 6.20)
GF Value™: NT$25.56 vs. price of NT$22.40 (12.4% below fair value)
Industry Position: 236.1% above the Real Estate median (#425 of 1719)
No single metric tells the full story. See the TPE:2501 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cathay Real Estate Development Co Business Description
Cathay Real Estate Development Co Ltd is engaged in commissioning contractors to build residential and commercial buildings for leasing and selling, and provides services in real estate, health management, tourism, and hospitality in Taiwan and around the world. The Group operates through the Property and Real Estate Development department, which generates maximum revenue and is responsible for commissioning construction contractors to build residential and commercial buildings for lease or sale, and equipment leasing operations, and the Construction department, which is engaged in construction contracting and construction management. Its projects include Urban Harmony in Taipei City and Taoyuan City, Park Front Row and Cathay Grand Park in Taoyuan City, and others.
84GF Score
Get the complete analysis for TPE:2501
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2501 has been successfully added to your 
