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Union InsuranceTPE:2816 +0.87%81 Return-on-Tangible-Equity is 23.29% as of Dec. 2025, which is 70% above its 10-year median of 13.73. GuruFocus rates TPE:2816 with a GF Score™ of 81/100 and a GF Value™ of NT$33.61 (Fairly Valued). The stock has 8 warning signs investors should review. Among 499 Insurance companies, Union Insurance ranks better than 53.71% 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. Union Insurance's annualized net income for the quarter that ended in Dec. 2025 was NT$1,778 Mil. Union Insurance's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$7,636 Mil. Therefore, Union Insurance's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 23.29%.
The historical rank and industry rank for Union Insurance's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2816'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -24.01 Med: 13.73 Max: 22.59
Current: 14.25
During the past 13 years, Union Insurance's highest Return-on-Tangible-Equity was 22.59%. The lowest was -24.01%. And the median was 13.73%.
TPE:2816's Return-on-Tangible-Equity is ranked better than 53.71% of 499
companies
in the Insurance industry
Industry Median: 13.32
vs TPE:2816: 14.25
Union Insurance (TPE:2816) 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.
Union Insurance Return-on-Tangible-Equity Related Terms
Union Insurance Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Union Insurance'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:2816 vs BRK.A, AIG, HIG: Return-on-Tangible-Equity Comparison
For the Insurance - Diversified subindustry, Union Insurance'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.
Union Insurance Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Union Insurance's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Union Insurance'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 23.29% mean?
Union Insurance (TPE:2816) has a Return-on-Tangible-Equity of 23.29% 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 Union Insurance and its competitors. This is 70% above median its historical median of 13.73. According to the industry distribution chart, Union Insurance ranks #231 out of 499 companies in the Insurance industry, placing it in the top 46.3%.
Is Union Insurance's Return-on-Tangible-Equity too high?
Union Insurance's current Return-on-Tangible-Equity of 23.29% is 70% above median its 10-year median of 13.73. The Insurance industry median Return-on-Tangible-Equity is 13.32. Union Insurance's value of 23.29% is 74.8% above this industry median. Based on the distribution chart, Union Insurance ranks #231 out of 499 companies in the Insurance industry, which is above the industry midpoint. Overall, Union Insurance has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Union Insurance's Return-on-Tangible-Equity compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Union Insurance ranks #231 out of 499 companies for Return-on-Tangible-Equity. This puts Union Insurance in the upper half of its industry. The industry median Return-on-Tangible-Equity is 13.32. Union Insurance's value of 23.29% is 74.8% above this benchmark. While the company's 10-year median is 13.73 vs. the industry median of 13.32, Union Insurance 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 an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.32, based on 499 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. Union Insurance's current Return-on-Tangible-Equity of 23.29% is 74.8% 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 Union Insurance and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Insurance's current Return-on-Tangible-Equity is 23.29%, which is 70% above median its own 10-year median of 13.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Insurance stock overvalued right now?
Based on GuruFocus' analysis, Union Insurance (TPE:2816) is currently considered Fairly Valued. The stock's GF Value™ is NT$33.61, compared to a current price of NT$34.05 — trading 1.3% above its estimated fair value. The current Return-on-Tangible-Equity is 23.29%, which is 70% above median its 10-year median of 13.73 and 74.8% above the Insurance industry median of 13.32. Union Insurance's overall GF Score™ is 81/100 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 Union Insurance (TPE:2816), the current Return-on-Tangible-Equity is 23.29% 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 Union Insurance (TPE:2816) Overvalued in 2026?
Based on GuruFocus' analysis, Union Insurance stock appears to be overvalued.
The current stock price of NT$34.05 is trading 1.3% above its estimated GF Value™ of NT$33.61.
GuruFocus considers Union Insurance to be Fairly Valued.
Key valuation signals for TPE:2816:
Return-on-Tangible-Equity: 23.29% (70% above median its 10-year median of 13.73)
GF Value™: NT$33.61 vs. price of NT$34.05 (1.3% above fair value)
Industry Position: 74.8% above the Insurance median (#231 of 499)
No single metric tells the full story. See the TPE:2816 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Union Insurance is a Taiwan-based company engaged in the insurance business engaged in the underwriting of fire, marine, automobile, engineering, liability, and accident insurance, reinsurance, and insurance businesses entrusted by other companies and performing different investments and other businesses in accordance with the regulations. The product portfolio of the company includes Motor Insurance, Traveler AccidentInsurance, Car Insurance, Motor cycle Insurance, Fire Property Insurance, Electric VehicleInsurance, Engineering Insurance, Marine Insurance, and other types of Insurances.
81GF Score
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