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Keding Enterprise CoTPE:6655 +2.11%81 Return-on-Tangible-Equity is 17.95% as of Dec. 2025, which is 45% above its 10-year median of 12.34. GuruFocus rates TPE:6655 with a GF Score™ of 81/100 and a GF Value™ of NT$131.28 (Fairly Valued). The stock has 7 warning signs investors should review. Among 280 Forest Products companies, Keding Enterprise Co ranks better than 88.21% 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. Keding Enterprise Co's annualized net income for the quarter that ended in Dec. 2025 was NT$451 Mil. Keding Enterprise Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,510 Mil. Therefore, Keding Enterprise Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 17.95%.
The historical rank and industry rank for Keding Enterprise Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:6655'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.95 Med: 12.34 Max: 26.07
Current: 12.43
During the past 12 years, Keding Enterprise Co's highest Return-on-Tangible-Equity was 26.07%. The lowest was 6.95%. And the median was 12.34%.
TPE:6655's Return-on-Tangible-Equity is ranked better than 88.21% of 280
companies
in the Forest Products industry
Industry Median: 2.2
vs TPE:6655: 12.43
Keding Enterprise Co (TPE:6655) 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.
Keding Enterprise Co Return-on-Tangible-Equity Related Terms
Keding Enterprise Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Keding 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.
Keding Enterprise Co Return-on-Tangible-Equity Chart
TPE:6655 vs SSD, UFPI, BCC: Return-on-Tangible-Equity Comparison
For the Lumber & Wood Production subindustry, Keding 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.
Keding Enterprise Co Return-on-Tangible-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Keding Enterprise Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Keding 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 17.95% mean?
Keding Enterprise Co (TPE:6655) has a Return-on-Tangible-Equity of 17.95% 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 Keding Enterprise Co and its competitors. This is 45% above median its historical median of 12.34. Over the past decade, Keding Enterprise Co's Return-on-Tangible-Equity has ranged from 6.95 to 26.07. According to the industry distribution chart, Keding Enterprise Co ranks #33 out of 280 companies in the Forest Products industry, placing it in the top 11.8%.
Is Keding Enterprise Co's Return-on-Tangible-Equity too high?
Keding Enterprise Co's current Return-on-Tangible-Equity of 17.95% is 45% above median its 10-year median of 12.34. Over the past 10 years, this metric has ranged from a low of 6.95 to a high of 26.07. The Forest Products industry median Return-on-Tangible-Equity is 2.20. Keding Enterprise Co's value of 17.95% is 715.9% above this industry median. Based on the distribution chart, Keding Enterprise Co ranks #33 out of 280 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Keding Enterprise Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keding Enterprise Co's Return-on-Tangible-Equity compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Keding Enterprise Co ranks #33 out of 280 companies for Return-on-Tangible-Equity. This places Keding Enterprise Co in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 2.20. Keding Enterprise Co's value of 17.95% is 715.9% above this benchmark. Historically, Keding Enterprise Co's own Return-on-Tangible-Equity has ranged from 6.95 to 26.07 over the past decade. While the company's 10-year median is 12.34 vs. the industry median of 2.20, Keding Enterprise 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.20, based on 280 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. Keding Enterprise Co's current Return-on-Tangible-Equity of 17.95% is 715.9% 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 Keding Enterprise Co and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keding Enterprise Co's current Return-on-Tangible-Equity is 17.95%, which is 45% above median its own 10-year median of 12.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keding Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Keding Enterprise Co (TPE:6655) is currently considered Fairly Valued. The stock's GF Value™ is NT$131.28, compared to a current price of NT$121.00 — trading 7.8% below its estimated fair value. The current Return-on-Tangible-Equity is 17.95%, which is 45% above median its 10-year median of 12.34 and 715.9% above the Forest Products industry median of 2.20. Keding Enterprise Co's overall GF Score™ is 81/100 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 Keding Enterprise Co (TPE:6655), the current Return-on-Tangible-Equity is 17.95% 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 Keding Enterprise Co (TPE:6655) Overvalued in 2026?
Based on GuruFocus' analysis, Keding Enterprise Co stock appears to be undervalued.
The current stock price of NT$121.00 is trading 7.8% below its estimated GF Value™ of NT$131.28.
GuruFocus considers Keding Enterprise Co to be Fairly Valued.
Key valuation signals for TPE:6655:
Return-on-Tangible-Equity: 17.95% (45% above median its 10-year median of 12.34)
GF Value™: NT$131.28 vs. price of NT$121.00 (7.8% below fair value)
Industry Position: 715.9% above the Forest Products median (#33 of 280)
No single metric tells the full story. See the TPE:6655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keding Enterprise Co Ltd is mainly engaged in the manufacture and sale of prefinished veneered panels, eco panels, wooden flooring, and other wooden products. In addition, it is also involved in the wholesale of timber products. The company offers products such as KD panels, KD floorings, ECO panels, ECO laminates, and others.
81GF Score
Get the complete analysis for TPE:6655
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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