Taiwan Mobile Co (TPE:3045) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)

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TPE:3045 Taiwan Mobile Co Ltd TPE:3045
89 GF Score
Price NT$109.50
GF Value NT$106.88
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Taiwan Mobile Co Return-on-Tangible-Equity?

Taiwan Mobile Co TPE:3045 +0.92% 89 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates TPE:3045 with a GF Score™ of 89/100 and a GF Value™ of NT$106.88 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,060 Retail - Cyclical companies, Taiwan Mobile Co ranks better than 99.91% 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. Taiwan Mobile Co's annualized net income for the quarter that ended in Mar. 2026 was NT$16,585 Mil. Taiwan Mobile Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$-10,154 Mil. Therefore, Taiwan Mobile Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for Taiwan Mobile Co's Return-on-Tangible-Equity or its related term are showing as below:

TPE:3045' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 288.76   Med: 288.76   Max: 288.76
Current: Negative Tangible Equity

During the past 13 years, Taiwan Mobile Co's highest Return-on-Tangible-Equity was 288.76%. The lowest was 288.76%. And the median was 288.76%.

TPE:3045's Return-on-Tangible-Equity is ranked better than
99.91% of 1060 companies
in the Retail - Cyclical industry
Industry Median: 8.34 vs TPE:3045: Negative Tangible Equity

Taiwan Mobile Co  (TPE:3045) 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.


Taiwan Mobile Co Return-on-Tangible-Equity Related Terms


Taiwan Mobile Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Taiwan Mobile Co'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.

Taiwan Mobile Co Return-on-Tangible-Equity Chart

Taiwan Mobile Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Taiwan Mobile Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

TPE:3045 vs CASY, WSM, DKS: Return-on-Tangible-Equity Comparison

For the Specialty Retail subindustry, Taiwan Mobile 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.


Taiwan Mobile Co Return-on-Tangible-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Taiwan Mobile Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Taiwan Mobile Co's Return-on-Tangible-Equity falls into.


TPE:3045
89GF Score
Taiwan Mobile Co Ltd TPE:3045
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Mobile Co Return-on-Tangible-Equity Calculation

Taiwan Mobile Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=14437.394/( (-20044.563+-13382.391 )/ 2 )
=14437.394/-16713.477
=Negative Tangible Equity %

Taiwan Mobile Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=16585.284/( (-13382.391+-6925.067)/ 2 )
=16585.284/-10153.729
=Negative Tangible Equity %

* 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 (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Taiwan Mobile Co (TPE:3045) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Taiwan Mobile Co and its competitors. Over the past decade, Taiwan Mobile Co's Return-on-Tangible-Equity has ranged from 288.76 to 288.76. According to the industry distribution chart, Taiwan Mobile Co ranks #1 out of 1060 companies in the Retail - Cyclical industry, placing it in the top 0.099999999999994%.
Is Taiwan Mobile Co's Return-on-Tangible-Equity too high?
Taiwan Mobile Co's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 288.76 to a high of 288.76. Based on the distribution chart, Taiwan Mobile Co ranks #1 out of 1060 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Mobile Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Mobile Co's Return-on-Tangible-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Taiwan Mobile Co ranks #1 out of 1060 companies for Return-on-Tangible-Equity. This places Taiwan Mobile Co in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.34. Historically, Taiwan Mobile Co's own Return-on-Tangible-Equity has ranged from 288.76 to 288.76 over the past decade. 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 - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.34, based on 1,060 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. 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 Taiwan Mobile Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Mobile Co's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Mobile Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Mobile Co (TPE:3045) is currently considered Fairly Valued. The stock's GF Value™ is NT$106.88, compared to a current price of NT$109.50 — trading 2.5% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Taiwan Mobile Co's overall GF Score™ is 89/100 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 Taiwan Mobile Co (TPE:3045), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. 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 Taiwan Mobile Co (TPE:3045) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Mobile Co stock appears to be overvalued. The current stock price of NT$109.50 is trading 2.5% above its estimated GF Value™ of NT$106.88. GuruFocus considers Taiwan Mobile Co to be Fairly Valued.

Key valuation signals for TPE:3045:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: NT$106.88 vs. price of NT$109.50 (2.5% above fair value)
  • GF Score™: 89/100 with 6 warning signs

No single metric tells the full story. See the TPE:3045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Mobile Co Business Description

Address No. 88, YanChang Road, 12th Floor, Xinyi District, Taipei, TWN, 110
Taiwan Mobile Co Ltd is engaged in providing wireless communication services, the sale of mobile phones, accessories, games, ebooks, and value-added services. The reportable segments of the company are Telecommunication, Retail, Cable television and broadband, and others. The Telecommunication segment engages in providing mobile communication services, data mobile services, and fixed line services; the Retail segment in providing online shopping, TV shopping, and catalog shopping; the Cable television and broadband segment in providing pay TV and cable broadband services; and others in business other than telecommunication, retail, and cable television. The company derives the majority of its revenue from the Retail segment.
89GF Score

Get the complete analysis for TPE:3045

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$109.50
Price
NT$106.88
GF Value