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Union Bank of TaiwanTPE:2838 -0.71%80 Return-on-Tangible-Equity is 7.95% as of Dec. 2025, which is 15% above its 10-year median of 6.90. GuruFocus rates TPE:2838 with a GF Score™ of 80/100 and a GF Value™ of NT$15.38 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,523 Banks companies, Union Bank of Taiwan ranks worse than 69.86% 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 Bank of Taiwan's annualized net income for the quarter that ended in Dec. 2025 was NT$6,496 Mil. Union Bank of Taiwan's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$81,712 Mil. Therefore, Union Bank of Taiwan's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 7.95%.
The historical rank and industry rank for Union Bank of Taiwan's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2838'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.81 Med: 6.9 Max: 7.93
Current: 7.73
During the past 13 years, Union Bank of Taiwan's highest Return-on-Tangible-Equity was 7.93%. The lowest was 5.81%. And the median was 6.90%.
TPE:2838's Return-on-Tangible-Equity is ranked worse than 69.86% of 1523
companies
in the Banks industry
Industry Median: 11.23
vs TPE:2838: 7.73
Union Bank of Taiwan (TPE:2838) 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 Bank of Taiwan Return-on-Tangible-Equity Related Terms
Union Bank of Taiwan Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Union Bank of Taiwan'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.
Union Bank of Taiwan Return-on-Tangible-Equity Chart
Union Bank of Taiwan Return-on-Tangible-Equity Competitor Comparison
For the Banks - Regional subindustry, Union Bank of Taiwan'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 Bank of Taiwan Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Union Bank of Taiwan's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Union Bank of Taiwan'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 7.95% mean?
Union Bank of Taiwan (TPE:2838) has a Return-on-Tangible-Equity of 7.95% 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 Bank of Taiwan and its competitors. This is 15% above median its historical median of 6.90. Over the past decade, Union Bank of Taiwan's Return-on-Tangible-Equity has ranged from 5.81 to 7.93. According to the industry distribution chart, Union Bank of Taiwan ranks #1064 out of 1523 companies in the Banks industry, placing it in the top 69.9%.
Is Union Bank of Taiwan's Return-on-Tangible-Equity too high?
Union Bank of Taiwan's current Return-on-Tangible-Equity of 7.95% is 15% above median its 10-year median of 6.90. Over the past 10 years, this metric has ranged from a low of 5.81 to a high of 7.93. The Banks industry median Return-on-Tangible-Equity is 11.23. Union Bank of Taiwan's value of 7.95% is 29.2% below this industry median. Based on the distribution chart, Union Bank of Taiwan ranks #1064 out of 1523 companies in the Banks industry, which is below the industry midpoint. Overall, Union Bank of Taiwan has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Bank of Taiwan's Return-on-Tangible-Equity compare to competitors?
According to the Banks industry distribution chart, Union Bank of Taiwan ranks #1064 out of 1523 companies for Return-on-Tangible-Equity. This places Union Bank of Taiwan in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.23. Union Bank of Taiwan's value of 7.95% is 29.2% below this benchmark. Historically, Union Bank of Taiwan's own Return-on-Tangible-Equity has ranged from 5.81 to 7.93 over the past decade. While the company's 10-year median is 6.90 vs. the industry median of 11.23, Union Bank of Taiwan 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 a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.23, based on 1,523 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 Bank of Taiwan's current Return-on-Tangible-Equity of 7.95% is 29.2% 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 Union Bank of Taiwan and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Bank of Taiwan's current Return-on-Tangible-Equity is 7.95%, which is 15% above median its own 10-year median of 6.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Bank of Taiwan stock overvalued right now?
Based on GuruFocus' analysis, Union Bank of Taiwan (TPE:2838) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.38, compared to a current price of NT$20.90 — trading 35.9% above its estimated fair value. The current Return-on-Tangible-Equity is 7.95%, which is 15% above median its 10-year median of 6.90 and 29.2% below the Banks industry median of 11.23. Union Bank of Taiwan's overall GF Score™ is 80/100 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 Union Bank of Taiwan (TPE:2838), the current Return-on-Tangible-Equity is 7.95% 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 Bank of Taiwan (TPE:2838) Overvalued in 2026?
Based on GuruFocus' analysis, Union Bank of Taiwan stock appears to be overvalued.
The current stock price of NT$20.90 is trading 35.9% above its estimated GF Value™ of NT$15.38.
GuruFocus considers Union Bank of Taiwan to be Significantly Overvalued.
Key valuation signals for TPE:2838:
Return-on-Tangible-Equity: 7.95% (15% above median its 10-year median of 6.90)
GF Value™: NT$15.38 vs. price of NT$20.90 (35.9% above fair value)
Industry Position: 29.2% below the Banks median (#1064 of 1523)
No single metric tells the full story. See the TPE:2838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Union Bank of Taiwan mainly engaged in activities allowed under the Banking Law, which cover deposits, loans, discounts, remittances, acceptances, issuance of guarantees and letters of credit, short-term bills transactions, investments, foreign exchange transactions, savings, trust, etc. The company's reportable segments are Corporate banking unit consist Corporate banking, foreign exchange business, debt management and public treasury business; Consumer banking unit consider financial management and loan business, credit card business and car-loan business; Wealth management and trust unit; Investing unit; and Leasing unit. The majority of revenue comes from Consumer banking. The Company's operations are mainly in Taiwan.
80GF Score
Get the complete analysis for TPE:2838
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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