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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. Kim Forest Enterprise Co's annualized net income for the quarter that ended in Dec. 2025 was NT$-109.6 Mil. Kim Forest Enterprise Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$494.8 Mil. Therefore, Kim Forest Enterprise Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -22.14%.
The historical rank and industry rank for Kim Forest Enterprise Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:6645'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.77 Med: -10.03 Max: 18.15
Current: -26.77
During the past 13 years, Kim Forest Enterprise Co's highest Return-on-Tangible-Equity was 18.15%. The lowest was -26.77%. And the median was -10.03%.
TPE:6645's Return-on-Tangible-Equity is ranked worse than 70.47% of 193
companies
in the Medical Diagnostics & Research industry
Industry Median: -0.33
vs TPE:6645: -26.77
Kim Forest Enterprise Co (TPE:6645) 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.
Kim Forest Enterprise Co Return-on-Tangible-Equity Related Terms
Kim Forest Enterprise Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Kim Forest Enterprise 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.
Kim Forest Enterprise Co Return-on-Tangible-Equity Chart
TPE:6645 vs TMO, DHR, IDXX: Return-on-Tangible-Equity Comparison
For the Diagnostics & Research subindustry, Kim Forest Enterprise 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.
Kim Forest Enterprise Co Return-on-Tangible-Equity vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Kim Forest Enterprise Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kim Forest Enterprise 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 -22.14% mean?
Kim Forest Enterprise Co (TPE:6645) has a Return-on-Tangible-Equity of -22.14% 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 Kim Forest Enterprise Co and its competitors. According to the industry distribution chart, Kim Forest Enterprise Co ranks #136 out of 193 companies in the Medical Diagnostics & Research industry, placing it in the top 70.5%.
Is Kim Forest Enterprise Co's Return-on-Tangible-Equity too high?
Kim Forest Enterprise Co's current Return-on-Tangible-Equity is -22.14%. Based on the distribution chart, Kim Forest Enterprise Co ranks #136 out of 193 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Kim Forest Enterprise Co has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kim Forest Enterprise Co's Return-on-Tangible-Equity compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Kim Forest Enterprise Co ranks #136 out of 193 companies for Return-on-Tangible-Equity. This places Kim Forest Enterprise Co in the lower half of its industry. 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 Medical Diagnostics & Research company?
A good Return-on-Tangible-Equity depends on the Medical Diagnostics & Research industry context. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Kim Forest Enterprise Co and its competitors. Kim Forest Enterprise Co's current Return-on-Tangible-Equity is -22.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kim Forest Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Kim Forest Enterprise Co (TPE:6645) is currently considered Possible Value Trap. The stock's GF Value™ is NT$24.56, compared to a current price of NT$15.60 — trading 36.5% below its estimated fair value. The current Return-on-Tangible-Equity is -22.14%. Kim Forest Enterprise Co's overall GF Score™ is 61/100 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 Kim Forest Enterprise Co (TPE:6645), the current Return-on-Tangible-Equity is -22.14% 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 Kim Forest Enterprise Co (TPE:6645) Overvalued in 2026?
Based on GuruFocus' analysis, Kim Forest Enterprise Co stock appears to be undervalued.
The current stock price of NT$15.60 is trading 36.5% below its estimated GF Value™ of NT$24.56.
GuruFocus considers Kim Forest Enterprise Co to be Possible Value Trap.
Key valuation signals for TPE:6645:
Return-on-Tangible-Equity: -22.14%
GF Value™: NT$24.56 vs. price of NT$15.60 (36.5% below fair value)
No single metric tells the full story. See the TPE:6645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kim Forest Enterprise Co Ltd is engaged in providing clinical medical information, genetic testing services, and biological information. It manufactures medical equipment and also produces drug products. The company's equipment includes Desktop microcentrifuge, Desktop large capacity centrifuge, Filter-type absorption spectrometer, Multifunctional spectrometer, and many more. Its reportable segments are Biomedical products which generates key revenue, and the Precision medicine segment. Geographically, the company generates a majority of its revenue from Taiwan and the rest from the United States of America.
61GF Score
Get the complete analysis for TPE:6645
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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