Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Fubon Financial Holdings CoTPE:2881 -0.40%65 Return-on-Tangible-Equity is 12.94% as of Dec. 2025, which is 1% above its 10-year median of 12.79. GuruFocus rates TPE:2881 with a GF Score™ of 65/100 and a GF Value™ of NT$140.95 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 496 Insurance companies, Fubon Financial Holdings Co ranks better than 51.41% 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. Fubon Financial Holdings Co's annualized net income for the quarter that ended in Dec. 2025 was NT$120,155 Mil. Fubon Financial Holdings Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$928,914 Mil. Therefore, Fubon Financial Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 12.94%.
The historical rank and industry rank for Fubon Financial Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2881'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.48 Med: 12.79 Max: 17.89
Current: 13.62
During the past 13 years, Fubon Financial Holdings Co's highest Return-on-Tangible-Equity was 17.89%. The lowest was 6.48%. And the median was 12.79%.
TPE:2881's Return-on-Tangible-Equity is ranked better than 51.41% of 496
companies
in the Insurance industry
Industry Median: 13.245
vs TPE:2881: 13.62
Fubon Financial Holdings Co (TPE:2881) 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.
Fubon Financial Holdings Co Return-on-Tangible-Equity Related Terms
Fubon Financial Holdings Co Return-on-Tangible-Equity Historical Data
* 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.
Fubon Financial Holdings Co Return-on-Tangible-Equity Chart
TPE:2881 vs AFL, MET, PRU: Return-on-Tangible-Equity Comparison
For the Insurance - Life subindustry, Fubon Financial Holdings 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.
Fubon Financial Holdings Co Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Fubon Financial Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fubon Financial Holdings 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 (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 12.94% mean?
Fubon Financial Holdings Co (TPE:2881) has a Return-on-Tangible-Equity of 12.94% 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 Fubon Financial Holdings Co and its competitors. This is near median its historical median of 12.79. Over the past decade, Fubon Financial Holdings Co's Return-on-Tangible-Equity has ranged from 6.48 to 17.89. According to the industry distribution chart, Fubon Financial Holdings Co ranks #241 out of 496 companies in the Insurance industry, placing it in the top 48.6%.
Is Fubon Financial Holdings Co's Return-on-Tangible-Equity too high?
Fubon Financial Holdings Co's current Return-on-Tangible-Equity of 12.94% is near median its 10-year median of 12.79. Over the past 10 years, this metric has ranged from a low of 6.48 to a high of 17.89. The Insurance industry median Return-on-Tangible-Equity is 13.25. Fubon Financial Holdings Co's value of 12.94% is 2.3% below this industry median. Based on the distribution chart, Fubon Financial Holdings Co ranks #241 out of 496 companies in the Insurance industry, which is above the industry midpoint. Overall, Fubon Financial Holdings Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fubon Financial Holdings Co's Return-on-Tangible-Equity compare to AFL and MET?
According to the Insurance industry distribution chart, Fubon Financial Holdings Co ranks #241 out of 496 companies for Return-on-Tangible-Equity. This puts Fubon Financial Holdings Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 13.25. Fubon Financial Holdings Co's value of 12.94% is 2.3% below this benchmark. Historically, Fubon Financial Holdings Co's own Return-on-Tangible-Equity has ranged from 6.48 to 17.89 over the past decade. While the company's 10-year median is 12.79 vs. the industry median of 13.25, Fubon Financial Holdings 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 Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.25, based on 496 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. Fubon Financial Holdings Co's current Return-on-Tangible-Equity of 12.94% is 2.3% 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 Fubon Financial Holdings Co and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fubon Financial Holdings Co's current Return-on-Tangible-Equity is 12.94%, which is near median its own 10-year median of 12.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fubon Financial Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Fubon Financial Holdings Co (TPE:2881) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$140.95, compared to a current price of NT$124.50 — trading 11.7% below its estimated fair value. The current Return-on-Tangible-Equity is 12.94%, which is near median its 10-year median of 12.79 and 2.3% below the Insurance industry median of 13.25. Fubon Financial Holdings Co's overall GF Score™ is 65/100 with 7 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 Fubon Financial Holdings Co (TPE:2881), the current Return-on-Tangible-Equity is 12.94% 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 Fubon Financial Holdings Co (TPE:2881) Overvalued in 2026?
Based on GuruFocus' analysis, Fubon Financial Holdings Co stock appears to be undervalued.
The current stock price of NT$124.50 is trading 11.7% below its estimated GF Value™ of NT$140.95.
GuruFocus considers Fubon Financial Holdings Co to be Modestly Undervalued.
Key valuation signals for TPE:2881:
Return-on-Tangible-Equity: 12.94% (near median its 10-year median of 12.79)
GF Value™: NT$140.95 vs. price of NT$124.50 (11.7% below fair value)
Industry Position: 2.3% below the Insurance median (#241 of 496)
No single metric tells the full story. See the TPE:2881 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fubon Financial Holdings Co Ltd is a full-service financial holding company. Along with its subsidiaries, the company operates in the following reportable segments: Bank business, Insurance business, Life insurance business, Securities business, and Others. It generates maximum revenue from the Life Insurance business segment, which provides a variety of life and property insurance services. In addition to its reportable businesses, the group is also engaged in financial holding, venture capital, and asset management businesses. Geographically, it generates maximum revenue from Taiwan, followed by other Asian regions, and other markets.
65GF Score
Get the complete analysis for TPE:2881
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2881 has been successfully added to your 
