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Wan Hai LinesTPE:2615 -1.22%78 Return-on-Tangible-Equity is 15.03% as of Dec. 2025, which is 37% above its 10-year median of 10.94. GuruFocus rates TPE:2615 with a GF Score™ of 78/100 and a GF Value™ of NT$72.12 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 978 Transportation companies, Wan Hai Lines ranks better than 61.55% 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. Wan Hai Lines's annualized net income for the quarter that ended in Dec. 2025 was NT$40,067 Mil. Wan Hai Lines's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$266,535 Mil. Therefore, Wan Hai Lines's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 15.03%.
The historical rank and industry rank for Wan Hai Lines's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2615'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.69 Med: 10.94 Max: 109.93
Current: 12.05
During the past 13 years, Wan Hai Lines's highest Return-on-Tangible-Equity was 109.93%. The lowest was -2.69%. And the median was 10.94%.
TPE:2615's Return-on-Tangible-Equity is ranked better than 61.55% of 978
companies
in the Transportation industry
Industry Median: 8.985
vs TPE:2615: 12.05
Wan Hai Lines (TPE:2615) 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.
Wan Hai Lines Return-on-Tangible-Equity Related Terms
Wan Hai Lines Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Wan Hai Lines'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.
Wan Hai Lines Return-on-Tangible-Equity Competitor Comparison
For the Marine Shipping subindustry, Wan Hai Lines'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.
Wan Hai Lines Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Wan Hai Lines's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Wan Hai Lines'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 15.03% mean?
Wan Hai Lines (TPE:2615) has a Return-on-Tangible-Equity of 15.03% 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 Wan Hai Lines and its competitors. This is 37% above median its historical median of 10.94. According to the industry distribution chart, Wan Hai Lines ranks #376 out of 978 companies in the Transportation industry, placing it in the top 38.4%.
Is Wan Hai Lines' Return-on-Tangible-Equity too high?
Wan Hai Lines' current Return-on-Tangible-Equity of 15.03% is 37% above median its 10-year median of 10.94. The Transportation industry median Return-on-Tangible-Equity is 8.99. Wan Hai Lines' value of 15.03% is 67.3% above this industry median. Based on the distribution chart, Wan Hai Lines ranks #376 out of 978 companies in the Transportation industry, which is above the industry midpoint. Overall, Wan Hai Lines has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wan Hai Lines' Return-on-Tangible-Equity compare to competitors?
According to the Transportation industry distribution chart, Wan Hai Lines ranks #376 out of 978 companies for Return-on-Tangible-Equity. This puts Wan Hai Lines in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.99. Wan Hai Lines' value of 15.03% is 67.3% above this benchmark. While the company's 10-year median is 10.94 vs. the industry median of 8.99, Wan Hai Lines 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.99, based on 978 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. Wan Hai Lines's current Return-on-Tangible-Equity of 15.03% is 67.3% 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 Wan Hai Lines and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wan Hai Lines's current Return-on-Tangible-Equity is 15.03%, which is 37% above median its own 10-year median of 10.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wan Hai Lines stock overvalued right now?
Based on GuruFocus' analysis, Wan Hai Lines (TPE:2615) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$72.12, compared to a current price of NT$80.70 — trading 11.9% above its estimated fair value. The current Return-on-Tangible-Equity is 15.03%, which is 37% above median its 10-year median of 10.94 and 67.3% above the Transportation industry median of 8.99. Wan Hai Lines' overall GF Score™ is 78/100 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 Wan Hai Lines (TPE:2615), the current Return-on-Tangible-Equity is 15.03% 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 Wan Hai Lines (TPE:2615) Overvalued in 2026?
Based on GuruFocus' analysis, Wan Hai Lines stock appears to be overvalued.
The current stock price of NT$80.70 is trading 11.9% above its estimated GF Value™ of NT$72.12.
GuruFocus considers Wan Hai Lines to be Modestly Overvalued.
Key valuation signals for TPE:2615:
Return-on-Tangible-Equity: 15.03% (37% above median its 10-year median of 10.94)
GF Value™: NT$72.12 vs. price of NT$80.70 (11.9% above fair value)
Industry Position: 67.3% above the Transportation median (#376 of 978)
No single metric tells the full story. See the TPE:2615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wan Hai Lines Ltd is a transportation and logistics company domiciled in Taiwan. The company develops and operates terminals, container yards, and warehouses, and provides container shipping services through its fleet of vessels. Besides, the company constructs and maintains cargo containers, provides container loading and unloading services, and constructs and maintains ships. The company generates the majority of its revenue from Freight, Rentals, followed by WHL Terminals and Other services in geographical regions that include Asia, followed by India, the Middle East, America and the Red Sea.
78GF Score
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