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TST Group HoldingTPE:4439 -0.50%79 Return-on-Tangible-Equity is 0.11% as of Dec. 2025, which is 99% below its 10-year median of 16.76. GuruFocus rates TPE:4439 with a GF Score™ of 79/100 and a GF Value™ of NT$112.18 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, TST Group Holding ranks better than 68.71% 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. TST Group Holding's annualized net income for the quarter that ended in Dec. 2025 was NT$4 Mil. TST Group Holding's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$3,227 Mil. Therefore, TST Group Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 0.11%.
The historical rank and industry rank for TST Group Holding's Return-on-Tangible-Equity or its related term are showing as below:
TPE:4439'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.09 Med: 16.76 Max: 31.76
Current: 9.26
During the past 10 years, TST Group Holding's highest Return-on-Tangible-Equity was 31.76%. The lowest was 2.09%. And the median was 16.76%.
TPE:4439's Return-on-Tangible-Equity is ranked better than 68.71% of 1013
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs TPE:4439: 9.26
TST Group Holding (TPE:4439) 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.
TST Group Holding Return-on-Tangible-Equity Related Terms
TST Group Holding Return-on-Tangible-Equity Historical Data
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The historical data trend for TST Group Holding'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.
TST Group Holding Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, TST Group Holding'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.
TST Group Holding Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TST Group Holding's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where TST Group Holding'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 0.11% mean?
TST Group Holding (TPE:4439) has a Return-on-Tangible-Equity of 0.11% 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 TST Group Holding and its competitors. This is 99% below median its historical median of 16.76. Over the past decade, TST Group Holding's Return-on-Tangible-Equity has ranged from 2.09 to 31.76. According to the industry distribution chart, TST Group Holding ranks #317 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 31.3%.
Is TST Group Holding's Return-on-Tangible-Equity too high?
TST Group Holding's current Return-on-Tangible-Equity of 0.11% is 99% below median its 10-year median of 16.76. Over the past 10 years, this metric has ranged from a low of 2.09 to a high of 31.76. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. TST Group Holding's value of 0.11% is 97.5% below this industry median. Based on the distribution chart, TST Group Holding ranks #317 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, TST Group Holding has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TST Group Holding's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TST Group Holding ranks #317 out of 1013 companies for Return-on-Tangible-Equity. This puts TST Group Holding in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. TST Group Holding's value of 0.11% is 97.5% below this benchmark. Historically, TST Group Holding's own Return-on-Tangible-Equity has ranged from 2.09 to 31.76 over the past decade. While the company's 10-year median is 16.76 vs. the industry median of 4.43, TST Group Holding 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,013 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. TST Group Holding's current Return-on-Tangible-Equity of 0.11% is 97.5% 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 TST Group Holding and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TST Group Holding's current Return-on-Tangible-Equity is 0.11%, which is 99% below median its own 10-year median of 16.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TST Group Holding stock overvalued right now?
Based on GuruFocus' analysis, TST Group Holding (TPE:4439) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$112.18, compared to a current price of NT$100.00 — trading 10.9% below its estimated fair value. The current Return-on-Tangible-Equity is 0.11%, which is 99% below median its 10-year median of 16.76 and 97.5% below the Manufacturing - Apparel & Accessories industry median of 4.43. TST Group Holding's overall GF Score™ is 79/100 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 TST Group Holding (TPE:4439), the current Return-on-Tangible-Equity is 0.11% 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 TST Group Holding (TPE:4439) Overvalued in 2026?
Based on GuruFocus' analysis, TST Group Holding stock appears to be undervalued.
The current stock price of NT$100.00 is trading 10.9% below its estimated GF Value™ of NT$112.18.
GuruFocus considers TST Group Holding to be Modestly Undervalued.
Key valuation signals for TPE:4439:
Return-on-Tangible-Equity: 0.11% (99% below median its 10-year median of 16.76)
GF Value™: NT$112.18 vs. price of NT$100.00 (10.9% below fair value)
Industry Position: 97.5% below the Manufacturing - Apparel & Accessories median (#317 of 1013)
No single metric tells the full story. See the TPE:4439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TST Group Holding Ltd is engaged in manufacturing, and trading of cotton fabric in the textile industry. The company's products are raw materials such as greige and colored fabrics for the midstream and upstream of the textile industry. The company's geographical segment includes Taiwan, China, Korea, Singapore, Hong Kong, Cambodia, Vietnam, Thailand, and others. The company derives a majority of its revenue from Taiwan.
79GF Score
Get the complete analysis for TPE:4439
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