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Air Asia CoTPE:2630 +0.19%83 Return-on-Tangible-Equity is 2.08% as of Mar. 2026, which is 39% below its 10-year median of 3.42. GuruFocus rates TPE:2630 with a GF Score™ of 83/100 and a GF Value™ of NT$38.73 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 336 Aerospace & Defense companies, Air Asia Co ranks worse than 54.46% 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. Air Asia Co's annualized net income for the quarter that ended in Mar. 2026 was NT$72 Mil. Air Asia Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$3,454 Mil. Therefore, Air Asia Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.08%.
The historical rank and industry rank for Air Asia Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2630'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.7 Med: 3.42 Max: 14.31
Current: 5.74
During the past 13 years, Air Asia Co's highest Return-on-Tangible-Equity was 14.31%. The lowest was 0.70%. And the median was 3.42%.
TPE:2630's Return-on-Tangible-Equity is ranked worse than 54.46% of 336
companies
in the Aerospace & Defense industry
Industry Median: 8
vs TPE:2630: 5.74
Air Asia Co (TPE:2630) 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.
Air Asia Co Return-on-Tangible-Equity Related Terms
Air Asia Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Air Asia 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.
TPE:2630 vs SPCX, GE, RTX: Return-on-Tangible-Equity Comparison
For the Aerospace & Defense subindustry, Air Asia 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.
Air Asia Co Return-on-Tangible-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Air Asia Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Air Asia 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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 2.08% mean?
Air Asia Co (TPE:2630) has a Return-on-Tangible-Equity of 2.08% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Air Asia Co and its competitors. This is 39% below median its historical median of 3.42. Over the past decade, Air Asia Co's Return-on-Tangible-Equity has ranged from 0.70 to 14.31. According to the industry distribution chart, Air Asia Co ranks #183 out of 336 companies in the Aerospace & Defense industry, placing it in the top 54.5%.
Is Air Asia Co's Return-on-Tangible-Equity too high?
Air Asia Co's current Return-on-Tangible-Equity of 2.08% is 39% below median its 10-year median of 3.42. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 14.31. The Aerospace & Defense industry median Return-on-Tangible-Equity is 8.00. Air Asia Co's value of 2.08% is 74% below this industry median. Based on the distribution chart, Air Asia Co ranks #183 out of 336 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Air Asia Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Asia Co's Return-on-Tangible-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Air Asia Co ranks #183 out of 336 companies for Return-on-Tangible-Equity. This places Air Asia Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.00. Air Asia Co's value of 2.08% is 74% below this benchmark. Historically, Air Asia Co's own Return-on-Tangible-Equity has ranged from 0.70 to 14.31 over the past decade. While the company's 10-year median is 3.42 vs. the industry median of 8.00, Air Asia Co has consistently been below 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 an Aerospace & Defense company?
The median Return-on-Tangible-Equity among Aerospace & Defense companies is 8.00, based on 336 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. Air Asia Co's current Return-on-Tangible-Equity of 2.08% is 74% below 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 Air Asia Co and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Equity is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Asia Co's current Return-on-Tangible-Equity is 2.08%, which is 39% below median its own 10-year median of 3.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Asia Co stock overvalued right now?
Based on GuruFocus' analysis, Air Asia Co (TPE:2630) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$38.73, compared to a current price of NT$53.30 — trading 37.6% above its estimated fair value. The current Return-on-Tangible-Equity is 2.08%, which is 39% below median its 10-year median of 3.42 and 74% below the Aerospace & Defense industry median of 8.00. Air Asia Co's overall GF Score™ is 83/100 with 4 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 Air Asia Co (TPE:2630), the current Return-on-Tangible-Equity is 2.08% as of Mar. 2026. 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 Air Asia Co (TPE:2630) Overvalued in 2026?
Based on GuruFocus' analysis, Air Asia Co stock appears to be overvalued.
The current stock price of NT$53.30 is trading 37.6% above its estimated GF Value™ of NT$38.73.
GuruFocus considers Air Asia Co to be Significantly Overvalued.
Key valuation signals for TPE:2630:
Return-on-Tangible-Equity: 2.08% (39% below median its 10-year median of 3.42)
GF Value™: NT$38.73 vs. price of NT$53.30 (37.6% above fair value)
Industry Position: 74% below the Aerospace & Defense median (#183 of 336)
No single metric tells the full story. See the TPE:2630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air Asia Co Ltd provides maintenance, renovation, upgrades, and integrated logistic support services for the aircraft and related components. It offers various services such as aircraft structure damage repair, airframe modification and retrofit, helicopter maintenance services, inspection, repair, and overhaul for various aircraft avionics/hydraulic/mechanical components, distributing parts and components, etc. Geographically, the Group generates maximum revenue from Taiwan, and the rest from Asia (excluding Taiwan), and other markets.
83GF Score
Get the complete analysis for TPE:2630
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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