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Tex Year Industries CoTPE:4720 -3.93%78 Return-on-Tangible-Equity is 5.64% as of Dec. 2025, which is 20% above its 10-year median of 4.70. GuruFocus rates TPE:4720 with a GF Score™ of 78/100 and a GF Value™ of NT$21.54 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,570 Chemicals companies, Tex Year Industries Co ranks worse than 51.78% 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. Tex Year Industries Co's annualized net income for the quarter that ended in Dec. 2025 was NT$89 Mil. Tex Year Industries Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,574 Mil. Therefore, Tex Year Industries Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 5.64%.
The historical rank and industry rank for Tex Year Industries Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:4720'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.85 Med: 4.7 Max: 10.77
Current: 5.43
During the past 13 years, Tex Year Industries Co's highest Return-on-Tangible-Equity was 10.77%. The lowest was -10.85%. And the median was 4.70%.
TPE:4720's Return-on-Tangible-Equity is ranked worse than 51.78% of 1570
companies
in the Chemicals industry
Industry Median: 5.745
vs TPE:4720: 5.43
Tex Year Industries Co (TPE:4720) 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.
Tex Year Industries Co Return-on-Tangible-Equity Related Terms
Tex Year Industries Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tex Year Industries 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.
Tex Year Industries Co Return-on-Tangible-Equity Chart
TPE:4720 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Tex Year Industries 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.
Tex Year Industries Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Tex Year Industries Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tex Year Industries Co'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 5.64% mean?
Tex Year Industries Co (TPE:4720) has a Return-on-Tangible-Equity of 5.64% 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 Tex Year Industries Co and its competitors. This is 20% above median its historical median of 4.70. According to the industry distribution chart, Tex Year Industries Co ranks #813 out of 1570 companies in the Chemicals industry, placing it in the top 51.8%.
Is Tex Year Industries Co's Return-on-Tangible-Equity too high?
Tex Year Industries Co's current Return-on-Tangible-Equity of 5.64% is 20% above median its 10-year median of 4.70. The Chemicals industry median Return-on-Tangible-Equity is 5.75. Tex Year Industries Co's value of 5.64% is 1.8% below this industry median. Based on the distribution chart, Tex Year Industries Co ranks #813 out of 1570 companies in the Chemicals industry, which is below the industry midpoint. Overall, Tex Year Industries Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tex Year Industries Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tex Year Industries Co ranks #813 out of 1570 companies for Return-on-Tangible-Equity. This places Tex Year Industries Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.75. Tex Year Industries Co's value of 5.64% is 1.8% below this benchmark. While the company's 10-year median is 4.70 vs. the industry median of 5.75, Tex Year Industries Co 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.75, based on 1,570 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. Tex Year Industries Co's current Return-on-Tangible-Equity of 5.64% is 1.8% 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 Tex Year Industries Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tex Year Industries Co's current Return-on-Tangible-Equity is 5.64%, which is 20% above median its own 10-year median of 4.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tex Year Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Tex Year Industries Co (TPE:4720) is currently considered Fairly Valued. The stock's GF Value™ is NT$21.54, compared to a current price of NT$22.00 — trading 2.1% above its estimated fair value. The current Return-on-Tangible-Equity is 5.64%, which is 20% above median its 10-year median of 4.70 and 1.8% below the Chemicals industry median of 5.75. Tex Year Industries Co's overall GF Score™ is 78/100 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 Tex Year Industries Co (TPE:4720), the current Return-on-Tangible-Equity is 5.64% 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 Tex Year Industries Co (TPE:4720) Overvalued in 2026?
Based on GuruFocus' analysis, Tex Year Industries Co stock appears to be overvalued.
The current stock price of NT$22.00 is trading 2.1% above its estimated GF Value™ of NT$21.54.
GuruFocus considers Tex Year Industries Co to be Fairly Valued.
Key valuation signals for TPE:4720:
Return-on-Tangible-Equity: 5.64% (20% above median its 10-year median of 4.70)
GF Value™: NT$21.54 vs. price of NT$22.00 (2.1% above fair value)
Industry Position: 1.8% below the Chemicals median (#813 of 1570)
No single metric tells the full story. See the TPE:4720 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tex Year Industries Co Ltd is engaged in the production and sales of eco-friendly hot melt adhesive and other adhesives, special chemicals for the electronic industry, the production and sales of air filter materials, trading of medical equipment, and biodegradable products, and the production and sales of green materials and solutions. Its products include hot melt adhesive, specialty chemicals, dental supplies, vibrating equipment, WE know filtration, water-based pressure sensitive, and UV/visible light curing glue. Its segments include the chemical business in Taiwan, the mainland China business and others of which the mainland China business generates the majority of the revenue.
78GF Score
Get the complete analysis for TPE:4720
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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