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Horizon Fixture Group CoTPE:6957 +3.48%24 Return-on-Tangible-Equity is 43.78% as of Dec. 2025, which is 35% above its 10-year median of 32.50. GuruFocus rates TPE:6957 with a GF Score™ of 24/100. The stock has 7 warning signs investors should review. Among 421 Furnishings, Fixtures & Appliances companies, Horizon Fixture Group Co ranks better than 87.89% 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. Horizon Fixture Group Co's annualized net income for the quarter that ended in Dec. 2025 was NT$1,049 Mil. Horizon Fixture Group Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,396 Mil. Therefore, Horizon Fixture Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 43.78%.
The historical rank and industry rank for Horizon Fixture Group Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:6957'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 20.38 Med: 32.5 Max: 61.25
Current: 23.51
During the past 5 years, Horizon Fixture Group Co's highest Return-on-Tangible-Equity was 61.25%. The lowest was 20.38%. And the median was 32.50%.
TPE:6957's Return-on-Tangible-Equity is ranked better than 87.89% of 421
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.08
vs TPE:6957: 23.51
Horizon Fixture Group Co (TPE:6957) 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.
Horizon Fixture Group Co Return-on-Tangible-Equity Related Terms
Horizon Fixture Group Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Horizon Fixture Group 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.
Horizon Fixture Group Co Return-on-Tangible-Equity Chart
TPE:6957 vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Horizon Fixture Group 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.
Horizon Fixture Group Co Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Horizon Fixture Group Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Horizon Fixture Group 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 43.78% mean?
Horizon Fixture Group Co (TPE:6957) has a Return-on-Tangible-Equity of 43.78% 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 Horizon Fixture Group Co and its competitors. This is 35% above median its historical median of 32.50. Over the past decade, Horizon Fixture Group Co's Return-on-Tangible-Equity has ranged from 20.38 to 61.25. According to the industry distribution chart, Horizon Fixture Group Co ranks #51 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 12.1%.
Is Horizon Fixture Group Co's Return-on-Tangible-Equity too high?
Horizon Fixture Group Co's current Return-on-Tangible-Equity of 43.78% is 35% above median its 10-year median of 32.50. Over the past 10 years, this metric has ranged from a low of 20.38 to a high of 61.25. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.08. Horizon Fixture Group Co's value of 43.78% is 761.8% above this industry median. Based on the distribution chart, Horizon Fixture Group Co ranks #51 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Horizon Fixture Group Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Fixture Group Co's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Horizon Fixture Group Co ranks #51 out of 421 companies for Return-on-Tangible-Equity. This places Horizon Fixture Group Co in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.08. Horizon Fixture Group Co's value of 43.78% is 761.8% above this benchmark. Historically, Horizon Fixture Group Co's own Return-on-Tangible-Equity has ranged from 20.38 to 61.25 over the past decade. While the company's 10-year median is 32.50 vs. the industry median of 5.08, Horizon Fixture Group 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.08, based on 421 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. Horizon Fixture Group Co's current Return-on-Tangible-Equity of 43.78% is 761.8% 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 Horizon Fixture Group Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Fixture Group Co's current Return-on-Tangible-Equity is 43.78%, which is 35% above median its own 10-year median of 32.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Fixture Group Co stock overvalued right now?
Horizon Fixture Group Co (TPE:6957) has a current Return-on-Tangible-Equity of 43.78%. The current Return-on-Tangible-Equity is 43.78%, which is 35% above median its 10-year median of 32.50 and 761.8% above the Furnishings, Fixtures & Appliances industry median of 5.08. Horizon Fixture Group Co's overall GF Score™ is 24/100 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 Horizon Fixture Group Co (TPE:6957), the current Return-on-Tangible-Equity is 43.78% 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.
Horizon Fixture Group Co Ltd is engaged in the design, manufacturing, and sale of retail store display fixtures and related products. The group provides customized in-store display solutions, including shelving systems, kiosks, modular stands, and other display fixtures, along with installation and delivery services. Its operations include iron and wood manufacturing and related logistics services.
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