President Chain StoreTPE:2912 91 Return-on-Tangible-Equity is 29.05% as of Dec. 2025, which is 22% below its 10-year median of 37.18. GuruFocus rates TPE:2912 with a GF Score™ of 91/100 and a GF Value™ of NT$305.93 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 300 Retail - Defensive companies, President Chain Store ranks better than 82% 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. President Chain Store's annualized net income for the quarter that ended in Dec. 2025 was NT$9,236 Mil. President Chain Store's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$31,797 Mil. Therefore, President Chain Store's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 29.05%.
The historical rank and industry rank for President Chain Store's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2912'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 31.49 Med: 37.18 Max: 91.91
Current: 35.15
During the past 13 years, President Chain Store's highest Return-on-Tangible-Equity was 91.91%. The lowest was 31.49%. And the median was 37.18%.
TPE:2912's Return-on-Tangible-Equity is ranked better than 82% of 300
companies
in the Retail - Defensive industry
Industry Median: 11.085
vs TPE:2912: 35.15
President Chain Store (TPE:2912) 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.
President Chain Store Return-on-Tangible-Equity Related Terms
President Chain Store Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for President Chain Store'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.
President Chain Store Return-on-Tangible-Equity Chart
TPE:2912 vs KR, SFM: Return-on-Tangible-Equity Comparison
For the Grocery Stores subindustry, President Chain Store'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.
President Chain Store Return-on-Tangible-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, President Chain Store's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where President Chain Store'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 29.05% mean?
President Chain Store (TPE:2912) has a Return-on-Tangible-Equity of 29.05% 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 President Chain Store and its competitors. This is 22% below median its historical median of 37.18. Over the past decade, President Chain Store's Return-on-Tangible-Equity has ranged from 31.49 to 91.91. According to the industry distribution chart, President Chain Store ranks #54 out of 300 companies in the Retail - Defensive industry, placing it in the top 18%.
Is President Chain Store's Return-on-Tangible-Equity too high?
President Chain Store's current Return-on-Tangible-Equity of 29.05% is 22% below median its 10-year median of 37.18. Over the past 10 years, this metric has ranged from a low of 31.49 to a high of 91.91. The Retail - Defensive industry median Return-on-Tangible-Equity is 11.09. President Chain Store's value of 29.05% is 162.1% above this industry median. Based on the distribution chart, President Chain Store ranks #54 out of 300 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, President Chain Store has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does President Chain Store's Return-on-Tangible-Equity compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, President Chain Store ranks #54 out of 300 companies for Return-on-Tangible-Equity. This places President Chain Store in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.09. President Chain Store's value of 29.05% is 162.1% above this benchmark. Historically, President Chain Store's own Return-on-Tangible-Equity has ranged from 31.49 to 91.91 over the past decade. While the company's 10-year median is 37.18 vs. the industry median of 11.09, President Chain Store 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 Retail - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 11.09, based on 300 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. President Chain Store's current Return-on-Tangible-Equity of 29.05% is 162.1% 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 President Chain Store and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 11.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. President Chain Store's current Return-on-Tangible-Equity is 29.05%, which is 22% below median its own 10-year median of 37.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is President Chain Store stock overvalued right now?
Based on GuruFocus' analysis, President Chain Store (TPE:2912) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$305.93, compared to a current price of NT$241.00 — trading 21.2% below its estimated fair value. The current Return-on-Tangible-Equity is 29.05%, which is 22% below median its 10-year median of 37.18 and 162.1% above the Retail - Defensive industry median of 11.09. President Chain Store's overall GF Score™ is 91/100 with 5 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 President Chain Store (TPE:2912), the current Return-on-Tangible-Equity is 29.05% 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 President Chain Store (TPE:2912) Overvalued in 2026?
Based on GuruFocus' analysis, President Chain Store stock appears to be undervalued.
The current stock price of NT$241.00 is trading 21.2% below its estimated GF Value™ of NT$305.93.
GuruFocus considers President Chain Store to be Modestly Undervalued.
Key valuation signals for TPE:2912:
Return-on-Tangible-Equity: 29.05% (22% below median its 10-year median of 37.18)
GF Value™: NT$305.93 vs. price of NT$241.00 (21.2% below fair value)
Industry Position: 162.1% above the Retail - Defensive median (#54 of 300)
No single metric tells the full story. See the TPE:2912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
President Chain Store Corporation, along with its subsidiaries, is engaged in managing convenience stores, restaurants, drugstores, department stores, supermarkets, and online shopping stores under different brands. Its offerings include food, beverages, coffee, daily commodities, cosmetics and health care products. The group operates in Taiwan, Mainland China, the Philippines, and Japan. Its reportable segments are Convenience stores, Retail business group, Logistics business group, and Others. The majority of the company's revenue is derived from the Convenience Stores segment. Geographically, the company derives the maximum revenue from Taiwan, followed by other regions.
91GF Score
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