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Daxin Materials CoTPE:5234 +0.50%80 Return-on-Tangible-Equity is 28.64% as of Jun. 2026, which is 31% above its 10-year median of 21.79. GuruFocus rates TPE:5234 with a GF Score™ of 80/100 and a GF Value™ of NT$254.68 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,577 Chemicals companies, Daxin Materials Co ranks better than 92.33% 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. Daxin Materials Co's annualized net income for the quarter that ended in Jun. 2026 was NT$915 Mil. Daxin Materials Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was NT$3,196 Mil. Therefore, Daxin Materials Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 28.64%.
The historical rank and industry rank for Daxin Materials Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:5234'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.18 Med: 21.79 Max: 26.46
Current: 26.32
During the past 13 years, Daxin Materials Co's highest Return-on-Tangible-Equity was 26.46%. The lowest was 14.18%. And the median was 21.79%.
TPE:5234's Return-on-Tangible-Equity is ranked better than 92.33% of 1577
companies
in the Chemicals industry
Industry Median: 6.77
vs TPE:5234: 26.32
Daxin Materials Co (TPE:5234) 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.
Daxin Materials Co Return-on-Tangible-Equity Related Terms
Daxin Materials Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Daxin Materials 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.
Daxin Materials Co Return-on-Tangible-Equity Chart
TPE:5234 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Daxin Materials 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.
Daxin Materials Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Daxin Materials Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Daxin Materials 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 28.64% mean?
Daxin Materials Co (TPE:5234) has a Return-on-Tangible-Equity of 28.64% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Daxin Materials Co and its competitors. This is 31% above median its historical median of 21.79. Over the past decade, Daxin Materials Co's Return-on-Tangible-Equity has ranged from 14.18 to 26.46. According to the industry distribution chart, Daxin Materials Co ranks #121 out of 1577 companies in the Chemicals industry, placing it in the top 7.7%.
Is Daxin Materials Co's Return-on-Tangible-Equity too high?
Daxin Materials Co's current Return-on-Tangible-Equity of 28.64% is 31% above median its 10-year median of 21.79. Over the past 10 years, this metric has ranged from a low of 14.18 to a high of 26.46. The Chemicals industry median Return-on-Tangible-Equity is 6.77. Daxin Materials Co's value of 28.64% is 323% above this industry median. Based on the distribution chart, Daxin Materials Co ranks #121 out of 1577 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Daxin Materials Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daxin Materials Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Daxin Materials Co ranks #121 out of 1577 companies for Return-on-Tangible-Equity. This places Daxin Materials Co in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.77. Daxin Materials Co's value of 28.64% is 323% above this benchmark. Historically, Daxin Materials Co's own Return-on-Tangible-Equity has ranged from 14.18 to 26.46 over the past decade. While the company's 10-year median is 21.79 vs. the industry median of 6.77, Daxin Materials 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 6.77, based on 1,577 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. Daxin Materials Co's current Return-on-Tangible-Equity of 28.64% is 323% 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 Daxin Materials Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daxin Materials Co's current Return-on-Tangible-Equity is 28.64%, which is 31% above median its own 10-year median of 21.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daxin Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Daxin Materials Co (TPE:5234) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$254.68, compared to a current price of NT$303.50 — trading 19.2% above its estimated fair value. The current Return-on-Tangible-Equity is 28.64%, which is 31% above median its 10-year median of 21.79 and 323% above the Chemicals industry median of 6.77. Daxin Materials Co's overall GF Score™ is 80/100 with 1 warning sign 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 Daxin Materials Co (TPE:5234), the current Return-on-Tangible-Equity is 28.64% as of Jun. 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 Daxin Materials Co (TPE:5234) Overvalued in 2026?
Based on GuruFocus' analysis, Daxin Materials Co stock appears to be overvalued.
The current stock price of NT$303.50 is trading 19.2% above its estimated GF Value™ of NT$254.68.
GuruFocus considers Daxin Materials Co to be Modestly Overvalued.
Key valuation signals for TPE:5234:
Return-on-Tangible-Equity: 28.64% (31% above median its 10-year median of 21.79)
GF Value™: NT$254.68 vs. price of NT$303.50 (19.2% above fair value)
Industry Position: 323% above the Chemicals median (#121 of 1577)
No single metric tells the full story. See the TPE:5234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daxin Materials Co Ltd is engaged in the research, design, manufacture, and sale of semiconductors and display-related fine chemicals. Its product portfolio consists of Semiconductor Materials which includes Laser Release Layer, Photosensitive Dielectric/Pass, High-Purity Specialty Chemical, and High-Purity Specialty Chemical; Display Materials include LCD materials, and touch panels materials; Key Raw Materials include functional monomer, and Specialty Polymer; and Instrument analysis includes analytical equipment. Geographically, it operates in Taiwan, China, and others, with Taiwan generating the majority of the revenue.
80GF Score
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