Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Double Bond Chemical Ind CoTPE:4764 -9.97%55 Return-on-Tangible-Equity is 9.33% as of Dec. 2025, which is 96% above its 10-year median of 4.75. GuruFocus rates TPE:4764 with a GF Score™ of 55/100 and a GF Value™ of NT$51.83 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,569 Chemicals companies, Double Bond Chemical Ind Co ranks worse than 55.26% 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. Double Bond Chemical Ind Co's annualized net income for the quarter that ended in Dec. 2025 was NT$207 Mil. Double Bond Chemical Ind Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,220 Mil. Therefore, Double Bond Chemical Ind Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 9.33%.
The historical rank and industry rank for Double Bond Chemical Ind Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:4764'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.86 Med: 4.75 Max: 26.06
Current: 4.82
During the past 13 years, Double Bond Chemical Ind Co's highest Return-on-Tangible-Equity was 26.06%. The lowest was -3.86%. And the median was 4.75%.
TPE:4764's Return-on-Tangible-Equity is ranked worse than 55.26% of 1569
companies
in the Chemicals industry
Industry Median: 5.73
vs TPE:4764: 4.82
Double Bond Chemical Ind Co (TPE:4764) 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.
Double Bond Chemical Ind Co Return-on-Tangible-Equity Related Terms
Double Bond Chemical Ind 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.
Double Bond Chemical Ind Co Return-on-Tangible-Equity Chart
TPE:4764 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Double Bond Chemical Ind 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.
Double Bond Chemical Ind Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Double Bond Chemical Ind Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Double Bond Chemical Ind 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 9.33% mean?
Double Bond Chemical Ind Co (TPE:4764) has a Return-on-Tangible-Equity of 9.33% 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 Double Bond Chemical Ind Co and its competitors. This is 96% above median its historical median of 4.75. According to the industry distribution chart, Double Bond Chemical Ind Co ranks #867 out of 1569 companies in the Chemicals industry, placing it in the top 55.3%.
Is Double Bond Chemical Ind Co's Return-on-Tangible-Equity too high?
Double Bond Chemical Ind Co's current Return-on-Tangible-Equity of 9.33% is 96% above median its 10-year median of 4.75. The Chemicals industry median Return-on-Tangible-Equity is 5.73. Double Bond Chemical Ind Co's value of 9.33% is 62.8% above this industry median. Based on the distribution chart, Double Bond Chemical Ind Co ranks #867 out of 1569 companies in the Chemicals industry, which is below the industry midpoint. Overall, Double Bond Chemical Ind 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 Double Bond Chemical Ind Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Double Bond Chemical Ind Co ranks #867 out of 1569 companies for Return-on-Tangible-Equity. This places Double Bond Chemical Ind Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.73. Double Bond Chemical Ind Co's value of 9.33% is 62.8% above this benchmark. While the company's 10-year median is 4.75 vs. the industry median of 5.73, Double Bond Chemical Ind Co has consistently been above 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 5.73, based on 1,569 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. Double Bond Chemical Ind Co's current Return-on-Tangible-Equity of 9.33% is 62.8% 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 Double Bond Chemical Ind Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Double Bond Chemical Ind Co's current Return-on-Tangible-Equity is 9.33%, which is 96% above median its own 10-year median of 4.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Double Bond Chemical Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Double Bond Chemical Ind Co (TPE:4764) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$51.83, compared to a current price of NT$302.50 — trading 483.6% above its estimated fair value. The current Return-on-Tangible-Equity is 9.33%, which is 96% above median its 10-year median of 4.75 and 62.8% above the Chemicals industry median of 5.73. Double Bond Chemical Ind 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 Double Bond Chemical Ind Co (TPE:4764), the current Return-on-Tangible-Equity is 9.33% 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 Double Bond Chemical Ind Co (TPE:4764) Overvalued in 2026?
Based on GuruFocus' analysis, Double Bond Chemical Ind Co stock appears to be overvalued.
The current stock price of NT$302.50 is trading 483.6% above its estimated GF Value™ of NT$51.83.
GuruFocus considers Double Bond Chemical Ind Co to be Significantly Overvalued.
Key valuation signals for TPE:4764:
Return-on-Tangible-Equity: 9.33% (96% above median its 10-year median of 4.75)
GF Value™: NT$51.83 vs. price of NT$302.50 (483.6% above fair value)
Industry Position: 62.8% above the Chemicals median (#867 of 1569)
No single metric tells the full story. See the TPE:4764 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Double Bond Chemical Ind Co Ltd mainly engages in the production and sale of various chemical raw materials, monomer-polymers for coating, industrial additives, and special chemicals. The Company is a manufacturer of fine chemicals, focusing on the polymer and UV-coating industries. Its products include plastics additives, light-cured materials, polymer additives, UV curable materials, inkjet printing inks, electronic chemicals, and other products. The Company operates in Taiwan, China, and other markets, with China generating the maximum revenue.
55GF Score
Get the complete analysis for TPE:4764
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:4764 has been successfully added to your 
