HD Renewable Energy CoTPE:6873 79 Return-on-Tangible-Equity is 11.30% as of Dec. 2025, which is 50% below its 10-year median of 22.46. GuruFocus rates TPE:6873 with a GF Score™ of 79/100 and a GF Value™ of NT$148.64 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,709 Construction companies, HD Renewable Energy Co ranks worse than 60.15% 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. HD Renewable Energy Co's annualized net income for the quarter that ended in Dec. 2025 was NT$1,141 Mil. HD Renewable Energy Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$10,095 Mil. Therefore, HD Renewable Energy Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 11.30%.
The historical rank and industry rank for HD Renewable Energy Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:6873'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.26 Med: 22.46 Max: 61.07
Current: 5.26
During the past 8 years, HD Renewable Energy Co's highest Return-on-Tangible-Equity was 61.07%. The lowest was 5.26%. And the median was 22.46%.
TPE:6873's Return-on-Tangible-Equity is ranked worse than 60.15% of 1709
companies
in the Construction industry
Industry Median: 8.21
vs TPE:6873: 5.26
HD Renewable Energy Co (TPE:6873) 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.
HD Renewable Energy Co Return-on-Tangible-Equity Related Terms
HD Renewable Energy Co Return-on-Tangible-Equity Historical Data
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The historical data trend for HD Renewable Energy 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.
HD Renewable Energy Co Return-on-Tangible-Equity Chart
TPE:6873 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, HD Renewable Energy 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.
HD Renewable Energy Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, HD Renewable Energy Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where HD Renewable Energy 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 11.30% mean?
HD Renewable Energy Co (TPE:6873) has a Return-on-Tangible-Equity of 11.30% 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 HD Renewable Energy Co and its competitors. This is 50% below median its historical median of 22.46. Over the past decade, HD Renewable Energy Co's Return-on-Tangible-Equity has ranged from 5.26 to 61.07. According to the industry distribution chart, HD Renewable Energy Co ranks #1028 out of 1709 companies in the Construction industry, placing it in the top 60.2%.
Is HD Renewable Energy Co's Return-on-Tangible-Equity too high?
HD Renewable Energy Co's current Return-on-Tangible-Equity of 11.30% is 50% below median its 10-year median of 22.46. Over the past 10 years, this metric has ranged from a low of 5.26 to a high of 61.07. The Construction industry median Return-on-Tangible-Equity is 8.21. HD Renewable Energy Co's value of 11.30% is 37.6% above this industry median. Based on the distribution chart, HD Renewable Energy Co ranks #1028 out of 1709 companies in the Construction industry, which is below the industry midpoint. Overall, HD Renewable Energy Co has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HD Renewable Energy Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, HD Renewable Energy Co ranks #1028 out of 1709 companies for Return-on-Tangible-Equity. This places HD Renewable Energy Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. HD Renewable Energy Co's value of 11.30% is 37.6% above this benchmark. Historically, HD Renewable Energy Co's own Return-on-Tangible-Equity has ranged from 5.26 to 61.07 over the past decade. While the company's 10-year median is 22.46 vs. the industry median of 8.21, HD Renewable Energy 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,709 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. HD Renewable Energy Co's current Return-on-Tangible-Equity of 11.30% is 37.6% 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 HD Renewable Energy Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HD Renewable Energy Co's current Return-on-Tangible-Equity is 11.30%, which is 50% below median its own 10-year median of 22.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HD Renewable Energy Co stock overvalued right now?
Based on GuruFocus' analysis, HD Renewable Energy Co (TPE:6873) is currently considered Possible Value Trap. The stock's GF Value™ is NT$148.64, compared to a current price of NT$86.60 — trading 41.7% below its estimated fair value. The current Return-on-Tangible-Equity is 11.30%, which is 50% below median its 10-year median of 22.46 and 37.6% above the Construction industry median of 8.21. HD Renewable Energy Co's overall GF Score™ is 79/100 with 9 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 HD Renewable Energy Co (TPE:6873), the current Return-on-Tangible-Equity is 11.30% 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 HD Renewable Energy Co (TPE:6873) Overvalued in 2026?
Based on GuruFocus' analysis, HD Renewable Energy Co stock appears to be undervalued.
The current stock price of NT$86.60 is trading 41.7% below its estimated GF Value™ of NT$148.64.
GuruFocus considers HD Renewable Energy Co to be Possible Value Trap.
Key valuation signals for TPE:6873:
Return-on-Tangible-Equity: 11.30% (50% below median its 10-year median of 22.46)
GF Value™: NT$148.64 vs. price of NT$86.60 (41.7% below fair value)
Industry Position: 37.6% above the Construction median (#1028 of 1709)
No single metric tells the full story. See the TPE:6873 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HD Renewable Energy Co Ltd is engaged in the development, investment, and operation of large-scale renewable energy power generation business. Based on photovoltaics, it is gradually expanding into core businesses such as power generation, energy storage, electricity sales, and charging, and providing comprehensive green energy solutions with AI-powered smart green power systems, making green power supply more stable and intelligent.
79GF Score
Get the complete analysis for TPE:6873
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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