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Eva AirwaysTPE:2618 -1.67%85 Return-on-Tangible-Equity is 22.79% as of Dec. 2025, which is 135% above its 10-year median of 9.68. GuruFocus rates TPE:2618 with a GF Score™ of 85/100 and a GF Value™ of NT$41.05 (Fairly Valued). The stock has 8 warning signs investors should review. Among 979 Transportation companies, Eva Airways ranks better than 79.37% 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. Eva Airways's annualized net income for the quarter that ended in Dec. 2025 was NT$30,594 Mil. Eva Airways's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$134,231 Mil. Therefore, Eva Airways's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 22.79%.
The historical rank and industry rank for Eva Airways's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2618'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.86 Med: 9.68 Max: 25.42
Current: 20.69
During the past 13 years, Eva Airways's highest Return-on-Tangible-Equity was 25.42%. The lowest was -4.86%. And the median was 9.68%.
TPE:2618's Return-on-Tangible-Equity is ranked better than 79.37% of 979
companies
in the Transportation industry
Industry Median: 8.98
vs TPE:2618: 20.69
Eva Airways (TPE:2618) 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.
Eva Airways Return-on-Tangible-Equity Related Terms
Eva Airways Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Eva Airways'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.
TPE:2618 vs DAL, UAL, LUV: Return-on-Tangible-Equity Comparison
For the Airlines subindustry, Eva Airways'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.
Eva Airways Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Eva Airways's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Eva Airways'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 22.79% mean?
Eva Airways (TPE:2618) has a Return-on-Tangible-Equity of 22.79% 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 Eva Airways and its competitors. This is 135% above median its historical median of 9.68. According to the industry distribution chart, Eva Airways ranks #202 out of 979 companies in the Transportation industry, placing it in the top 20.6%.
Is Eva Airways' Return-on-Tangible-Equity too high?
Eva Airways' current Return-on-Tangible-Equity of 22.79% is 135% above median its 10-year median of 9.68. The Transportation industry median Return-on-Tangible-Equity is 8.98. Eva Airways' value of 22.79% is 153.8% above this industry median. Based on the distribution chart, Eva Airways ranks #202 out of 979 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Eva Airways has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eva Airways' Return-on-Tangible-Equity compare to DAL and UAL?
According to the Transportation industry distribution chart, Eva Airways ranks #202 out of 979 companies for Return-on-Tangible-Equity. This places Eva Airways in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.98. Eva Airways' value of 22.79% is 153.8% above this benchmark. While the company's 10-year median is 9.68 vs. the industry median of 8.98, Eva Airways 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 8.98, based on 979 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. Eva Airways's current Return-on-Tangible-Equity of 22.79% is 153.8% 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 Eva Airways and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eva Airways's current Return-on-Tangible-Equity is 22.79%, which is 135% above median its own 10-year median of 9.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eva Airways stock overvalued right now?
Based on GuruFocus' analysis, Eva Airways (TPE:2618) is currently considered Fairly Valued. The stock's GF Value™ is NT$41.05, compared to a current price of NT$41.20 — trading 0.4% above its estimated fair value. The current Return-on-Tangible-Equity is 22.79%, which is 135% above median its 10-year median of 9.68 and 153.8% above the Transportation industry median of 8.98. Eva Airways' overall GF Score™ is 85/100 with 8 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 Eva Airways (TPE:2618), the current Return-on-Tangible-Equity is 22.79% 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 Eva Airways (TPE:2618) Overvalued in 2026?
Based on GuruFocus' analysis, Eva Airways stock appears to be overvalued.
The current stock price of NT$41.20 is trading 0.4% above its estimated GF Value™ of NT$41.05.
GuruFocus considers Eva Airways to be Fairly Valued.
Key valuation signals for TPE:2618:
Return-on-Tangible-Equity: 22.79% (135% above median its 10-year median of 9.68)
GF Value™: NT$41.05 vs. price of NT$41.20 (0.4% above fair value)
Industry Position: 153.8% above the Transportation median (#202 of 979)
No single metric tells the full story. See the TPE:2618 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eva Airways Corp is an aviation transportation business. Its business activities are civil aviation transportation and general aviation business; Wholesale and retail sale of medical devices; carrying out any business which is not forbidden or restricted by the applicable laws and regulations, excluding those requiring licensing. Its geographic markets are Taiwan, Asia, Europe, North America, and others. It derives maximum revenue from Taiwan. The Group has two reportable segments: Aviation transportation segment, which derives maximum revenue, is involved in aviation transportation of passengers and cargo; and the aircraft maintenance and manufacture segment is involved in maintenance, manufacture, processing and sale of aircraft, parts and engine.
85GF Score
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