Sunny Friend Environmental Technology CoTPE:8341 79 Return-on-Tangible-Equity is 10.00% as of Dec. 2025, which is 71% below its 10-year median of 34.54. GuruFocus rates TPE:8341 with a GF Score™ of 79/100 and a GF Value™ of NT$112.50 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 226 Waste Management companies, Sunny Friend Environmental Technology Co ranks better than 61.5% on this metric.
TPE:8341'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.94 Med: 34.54 Max: 40.78
Current: 13.15
During the past 13 years, Sunny Friend Environmental Technology Co's highest Return-on-Tangible-Equity was 40.78%. The lowest was 10.94%. And the median was 34.54%.
TPE:8341's Return-on-Tangible-Equity is ranked better than 61.5% of 226
companies
in the Waste Management industry
Industry Median: 9.73
vs TPE:8341: 13.15
Sunny Friend Environmental Technology Co (TPE:8341) 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.
Sunny Friend Environmental Technology Co Return-on-Tangible-Equity Related Terms
Sunny Friend Environmental Technology Co Return-on-Tangible-Equity Historical Data
* 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.
Sunny Friend Environmental Technology Co Return-on-Tangible-Equity Chart
Sunny Friend Environmental Technology Co Annual Data
TPE:8341 vs WM, RSG, WCN: Return-on-Tangible-Equity Comparison
For the Waste Management subindustry, Sunny Friend Environmental Technology 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.
Sunny Friend Environmental Technology Co Return-on-Tangible-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Sunny Friend Environmental Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sunny Friend Environmental Technology 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 10.00% mean?
Sunny Friend Environmental Technology Co (TPE:8341) has a Return-on-Tangible-Equity of 10.00% 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 Sunny Friend Environmental Technology Co and its competitors. This is 71% below median its historical median of 34.54. Over the past decade, Sunny Friend Environmental Technology Co's Return-on-Tangible-Equity has ranged from 10.94 to 40.78. According to the industry distribution chart, Sunny Friend Environmental Technology Co ranks #87 out of 226 companies in the Waste Management industry, placing it in the top 38.5%.
Is Sunny Friend Environmental Technology Co's Return-on-Tangible-Equity too high?
Sunny Friend Environmental Technology Co's current Return-on-Tangible-Equity of 10.00% is 71% below median its 10-year median of 34.54. Over the past 10 years, this metric has ranged from a low of 10.94 to a high of 40.78. The Waste Management industry median Return-on-Tangible-Equity is 9.73. Sunny Friend Environmental Technology Co's value of 10.00% is 2.8% above this industry median. Based on the distribution chart, Sunny Friend Environmental Technology Co ranks #87 out of 226 companies in the Waste Management industry, which is above the industry midpoint. Overall, Sunny Friend Environmental Technology Co has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sunny Friend Environmental Technology Co's Return-on-Tangible-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Sunny Friend Environmental Technology Co ranks #87 out of 226 companies for Return-on-Tangible-Equity. This puts Sunny Friend Environmental Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.73. Sunny Friend Environmental Technology Co's value of 10.00% is 2.8% above this benchmark. Historically, Sunny Friend Environmental Technology Co's own Return-on-Tangible-Equity has ranged from 10.94 to 40.78 over the past decade. While the company's 10-year median is 34.54 vs. the industry median of 9.73, Sunny Friend Environmental Technology 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 Waste Management company?
The median Return-on-Tangible-Equity among Waste Management companies is 9.73, based on 226 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. Sunny Friend Environmental Technology Co's current Return-on-Tangible-Equity of 10.00% is 2.8% 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 Sunny Friend Environmental Technology Co and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 9.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunny Friend Environmental Technology Co's current Return-on-Tangible-Equity is 10.00%, which is 71% below median its own 10-year median of 34.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunny Friend Environmental Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sunny Friend Environmental Technology Co (TPE:8341) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$112.50, compared to a current price of NT$76.60 — trading 31.9% below its estimated fair value. The current Return-on-Tangible-Equity is 10.00%, which is 71% below median its 10-year median of 34.54 and 2.8% above the Waste Management industry median of 9.73. Sunny Friend Environmental Technology Co's overall GF Score™ is 79/100 with 5 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 Sunny Friend Environmental Technology Co (TPE:8341), the current Return-on-Tangible-Equity is 10.00% 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 Sunny Friend Environmental Technology Co (TPE:8341) Overvalued in 2026?
Based on GuruFocus' analysis, Sunny Friend Environmental Technology Co stock appears to be undervalued.
The current stock price of NT$76.60 is trading 31.9% below its estimated GF Value™ of NT$112.50.
GuruFocus considers Sunny Friend Environmental Technology Co to be Significantly Undervalued.
Key valuation signals for TPE:8341:
Return-on-Tangible-Equity: 10.00% (71% below median its 10-year median of 34.54)
GF Value™: NT$112.50 vs. price of NT$76.60 (31.9% below fair value)
Industry Position: 2.8% above the Waste Management median (#87 of 226)
No single metric tells the full story. See the TPE:8341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sunny Friend Environmental Technology Co Business Description
Sunny Friend Environmental Technology Co operates medical waste treatment plants. It uses technology to handle various types of hazardous waste and collects, incinerates, solidifies, and develops solutions to streamline disposal. Various subsidiaries are in Asia to provide services to medical institutions, dispose of batteries, and offer waste treatment and engineering consultations. The company works to recover materials from waste, recycle resources, and conduct environmental tests to discover solutions. Removal vehicles improve communication with customers and are fully equipped to monitor and transmit all cleaning and incineration records back to Sunny Friend's data centers. It generates the majority of its revenue from waste disposal.
79GF Score
Get the complete analysis for TPE:8341
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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