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TPE:3018's Return-on-Tangible-Equity is ranked worse than 91.12% of 1712
companies
in the Construction industry
Industry Median: 8.235
vs TPE:3018: -25.14
Lung Ming Green Energy Technology Engineering Co (TPE:3018) 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.
Lung Ming Green Energy Technology Engineering Co Return-on-Tangible-Equity Related Terms
Lung Ming Green Energy Technology Engineering 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.
Lung Ming Green Energy Technology Engineering Co Return-on-Tangible-Equity Chart
Lung Ming Green Energy Technology Engineering Co Annual Data
TPE:3018 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Lung Ming Green Energy Technology Engineering 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.
Lung Ming Green Energy Technology Engineering Co Return-on-Tangible-Equity vs Construction Industry
* 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 9.39% mean?
Lung Ming Green Energy Technology Engineering Co (TPE:3018) has a Return-on-Tangible-Equity of 9.39% 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 Lung Ming Green Energy Technology Engineering Co and its competitors. According to the industry distribution chart, Lung Ming Green Energy Technology Engineering Co ranks #1560 out of 1712 companies in the Construction industry, placing it in the top 91.1%.
Is Lung Ming Green Energy Technology Engineering Co's Return-on-Tangible-Equity too high?
Lung Ming Green Energy Technology Engineering Co's current Return-on-Tangible-Equity is 9.39%. The Construction industry median Return-on-Tangible-Equity is 8.24. Lung Ming Green Energy Technology Engineering Co's value of 9.39% is 14% above this industry median. Based on the distribution chart, Lung Ming Green Energy Technology Engineering Co ranks #1560 out of 1712 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Lung Ming Green Energy Technology Engineering Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lung Ming Green Energy Technology Engineering Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Lung Ming Green Energy Technology Engineering Co ranks #1560 out of 1712 companies for Return-on-Tangible-Equity. This places Lung Ming Green Energy Technology Engineering Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.24. Lung Ming Green Energy Technology Engineering Co's value of 9.39% is 14% above this benchmark. 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.24, based on 1,712 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. Lung Ming Green Energy Technology Engineering Co's current Return-on-Tangible-Equity of 9.39% is 14% 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 Lung Ming Green Energy Technology Engineering Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lung Ming Green Energy Technology Engineering Co's current Return-on-Tangible-Equity is 9.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lung Ming Green Energy Technology Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Lung Ming Green Energy Technology Engineering Co (TPE:3018) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$7.98, compared to a current price of NT$11.70 — trading 46.6% above its estimated fair value. The current Return-on-Tangible-Equity is 9.39% and 14% above the Construction industry median of 8.24. Lung Ming Green Energy Technology Engineering Co's overall GF Score™ is 55/100 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 Lung Ming Green Energy Technology Engineering Co (TPE:3018), the current Return-on-Tangible-Equity is 9.39% 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 Lung Ming Green Energy Technology Engineering Co (TPE:3018) Overvalued in 2026?
Based on GuruFocus' analysis, Lung Ming Green Energy Technology Engineering Co stock appears to be overvalued.
The current stock price of NT$11.70 is trading 46.6% above its estimated GF Value™ of NT$7.98.
GuruFocus considers Lung Ming Green Energy Technology Engineering Co to be Significantly Overvalued.
Key valuation signals for TPE:3018:
Return-on-Tangible-Equity: 9.39%
GF Value™: NT$7.98 vs. price of NT$11.70 (46.6% above fair value)
Industry Position: 14% above the Construction median (#1560 of 1712)
No single metric tells the full story. See the TPE:3018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lung Ming Green Energy Technology Engineering Co Business Description
Lung Ming Green Energy Technology Engineering Co Ltd is principally engaged in mechanical and electrical system integration works, construction works, and waste disposal related to technology plants, industrial plants, and residences. The Company operates through the Engineering department, which generates maximum revenue, the Environmental Protection department, and the Other department.
55GF Score
Get the complete analysis for TPE:3018
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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