Apex Science & EngineeringTPE:3052 66 Return-on-Tangible-Equity is 3.39% as of Dec. 2025, which is 47% below its 10-year median of 6.36. GuruFocus rates TPE:3052 with a GF Score™ of 66/100 and a GF Value™ of NT$13.01 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,709 Construction companies, Apex Science & Engineering ranks worse than 55.47% 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. Apex Science & Engineering's annualized net income for the quarter that ended in Dec. 2025 was NT$119 Mil. Apex Science & Engineering's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$3,500 Mil. Therefore, Apex Science & Engineering's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 3.39%.
The historical rank and industry rank for Apex Science & Engineering's Return-on-Tangible-Equity or its related term are showing as below:
TPE:3052'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.78 Med: 6.36 Max: 10.66
Current: 6.48
During the past 13 years, Apex Science & Engineering's highest Return-on-Tangible-Equity was 10.66%. The lowest was -4.78%. And the median was 6.36%.
TPE:3052's Return-on-Tangible-Equity is ranked worse than 55.47% of 1709
companies
in the Construction industry
Industry Median: 8.21
vs TPE:3052: 6.48
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.
Apex Science & Engineering Return-on-Tangible-Equity Related Terms
Apex Science & Engineering 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.
TPE:3052 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Apex Science & Engineering'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.
Apex Science & Engineering Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Apex Science & Engineering's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Apex Science & Engineering'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 3.39% mean?
Apex Science & Engineering (TPE:3052) has a Return-on-Tangible-Equity of 3.39% 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 Apex Science & Engineering and its competitors. This is 47% below median its historical median of 6.36. According to the industry distribution chart, Apex Science & Engineering ranks #948 out of 1709 companies in the Construction industry, placing it in the top 55.5%.
Is Apex Science & Engineering's Return-on-Tangible-Equity too high?
Apex Science & Engineering's current Return-on-Tangible-Equity of 3.39% is 47% below median its 10-year median of 6.36. The Construction industry median Return-on-Tangible-Equity is 8.21. Apex Science & Engineering's value of 3.39% is 58.7% below this industry median. Based on the distribution chart, Apex Science & Engineering ranks #948 out of 1709 companies in the Construction industry, which is below the industry midpoint. Overall, Apex Science & Engineering has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apex Science & Engineering's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Apex Science & Engineering ranks #948 out of 1709 companies for Return-on-Tangible-Equity. This places Apex Science & Engineering in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. Apex Science & Engineering's value of 3.39% is 58.7% below this benchmark. While the company's 10-year median is 6.36 vs. the industry median of 8.21, Apex Science & Engineering 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,709 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. Apex Science & Engineering's current Return-on-Tangible-Equity of 3.39% is 58.7% 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 Apex Science & Engineering and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Science & Engineering's current Return-on-Tangible-Equity is 3.39%, which is 47% below median its own 10-year median of 6.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Science & Engineering stock overvalued right now?
Based on GuruFocus' analysis, Apex Science & Engineering (TPE:3052) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$13.01, compared to a current price of NT$10.90 — trading 16.2% below its estimated fair value. The current Return-on-Tangible-Equity is 3.39%, which is 47% below median its 10-year median of 6.36 and 58.7% below the Construction industry median of 8.21. Apex Science & Engineering's overall GF Score™ is 66/100 with 3 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 Apex Science & Engineering (TPE:3052), the current Return-on-Tangible-Equity is 3.39% 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 Apex Science & Engineering (TPE:3052) Overvalued in 2026?
Based on GuruFocus' analysis, Apex Science & Engineering stock appears to be undervalued.
The current stock price of NT$10.90 is trading 16.2% below its estimated GF Value™ of NT$13.01.
GuruFocus considers Apex Science & Engineering to be Modestly Undervalued.
Key valuation signals for TPE:3052:
Return-on-Tangible-Equity: 3.39% (47% below median its 10-year median of 6.36)
GF Value™: NT$13.01 vs. price of NT$10.90 (16.2% below fair value)
Industry Position: 58.7% below the Construction median (#948 of 1709)
No single metric tells the full story. See the TPE:3052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apex Science & Engineering Corp, and its subsidiaries, work on projects in mechanical engineering, instrument engineering, environment engineering, related electrical products manufacturing and sales, entrusted construction of factories, residential and commercial buildings, as well as development of special zones, etc.
66GF Score
Get the complete analysis for TPE:3052
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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