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Gourmet Master CoTPE:2723 -1.56%73 Return-on-Tangible-Equity is 9.25% as of Mar. 2026, which is 2% below its 10-year median of 9.40. GuruFocus rates TPE:2723 with a GF Score™ of 73/100 and a GF Value™ of NT$77.88 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 330 Restaurants companies, Gourmet Master Co ranks worse than 76.97% 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. Gourmet Master Co's annualized net income for the quarter that ended in Mar. 2026 was NT$946 Mil. Gourmet Master Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$10,231 Mil. Therefore, Gourmet Master Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.25%.
The historical rank and industry rank for Gourmet Master Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2723'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.2 Med: 9.4 Max: 23.32
Current: -4.2
During the past 13 years, Gourmet Master Co's highest Return-on-Tangible-Equity was 23.32%. The lowest was -4.20%. And the median was 9.40%.
TPE:2723's Return-on-Tangible-Equity is ranked worse than 76.97% of 330
companies
in the Restaurants industry
Industry Median: 8.715
vs TPE:2723: -4.20
Gourmet Master Co (TPE:2723) 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.
Gourmet Master Co Return-on-Tangible-Equity Related Terms
Gourmet Master Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Gourmet Master 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:2723 vs MCD, SBUX, YUM: Return-on-Tangible-Equity Comparison
For the Restaurants subindustry, Gourmet Master 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.
Gourmet Master Co Return-on-Tangible-Equity vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Gourmet Master Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Gourmet Master 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 9.25% mean?
Gourmet Master Co (TPE:2723) has a Return-on-Tangible-Equity of 9.25% 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 Gourmet Master Co and its competitors. This is near median its historical median of 9.40. According to the industry distribution chart, Gourmet Master Co ranks #254 out of 330 companies in the Restaurants industry, placing it in the top 77%.
Is Gourmet Master Co's Return-on-Tangible-Equity too high?
Gourmet Master Co's current Return-on-Tangible-Equity of 9.25% is near median its 10-year median of 9.40. The Restaurants industry median Return-on-Tangible-Equity is 8.72. Gourmet Master Co's value of 9.25% is 6.1% above this industry median. Based on the distribution chart, Gourmet Master Co ranks #254 out of 330 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Gourmet Master Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gourmet Master Co's Return-on-Tangible-Equity compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Gourmet Master Co ranks #254 out of 330 companies for Return-on-Tangible-Equity. This places Gourmet Master Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.72. Gourmet Master Co's value of 9.25% is 6.1% above this benchmark. While the company's 10-year median is 9.40 vs. the industry median of 8.72, Gourmet Master 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 Restaurants company?
The median Return-on-Tangible-Equity among Restaurants companies is 8.72, based on 330 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. Gourmet Master Co's current Return-on-Tangible-Equity of 9.25% is 6.1% 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 Gourmet Master Co and its competitors. For the Restaurants industry, the median Return-on-Tangible-Equity is 8.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gourmet Master Co's current Return-on-Tangible-Equity is 9.25%, which is near median its own 10-year median of 9.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gourmet Master Co stock overvalued right now?
Based on GuruFocus' analysis, Gourmet Master Co (TPE:2723) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$77.88, compared to a current price of NT$63.00 — trading 19.1% below its estimated fair value. The current Return-on-Tangible-Equity is 9.25%, which is near median its 10-year median of 9.40 and 6.1% above the Restaurants industry median of 8.72. Gourmet Master Co's overall GF Score™ is 73/100 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 Gourmet Master Co (TPE:2723), the current Return-on-Tangible-Equity is 9.25% 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 Gourmet Master Co (TPE:2723) Overvalued in 2026?
Based on GuruFocus' analysis, Gourmet Master Co stock appears to be undervalued.
The current stock price of NT$63.00 is trading 19.1% below its estimated GF Value™ of NT$77.88.
GuruFocus considers Gourmet Master Co to be Modestly Undervalued.
Key valuation signals for TPE:2723:
Return-on-Tangible-Equity: 9.25% (near median its 10-year median of 9.40)
GF Value™: NT$77.88 vs. price of NT$63.00 (19.1% below fair value)
Industry Position: 6.1% above the Restaurants median (#254 of 330)
No single metric tells the full story. See the TPE:2723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gourmet Master Co Ltd operates a chain of cafe stores under the brand 85 Degrees Daily Cafe. The company is mainly engaged in the production and wholesale of bakery products, retail and wholesale of beverages, wholesale of bakery machinery, and the operation of chain stores and franchising business.
73GF Score
Get the complete analysis for TPE:2723
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