Alexander Marine Co (TPE:8478) Return-on-Tangible-Equity: 11.17% (As of Dec. 2025) — 18% Below Median

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TPE:8478 Alexander Marine Co Ltd TPE:8478
74 GF Score
Price NT$154.50
GF Value NT$292.79
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Alexander Marine Co Return-on-Tangible-Equity?

Alexander Marine Co TPE:8478 -1.28% 74 Return-on-Tangible-Equity is 11.17% as of Dec. 2025, which is 18% below its 10-year median of 13.62. GuruFocus rates TPE:8478 with a GF Score™ of 74/100 and a GF Value™ of NT$292.79 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,283 Vehicles & Parts companies, Alexander Marine Co ranks better than 73.42% 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. Alexander Marine Co's annualized net income for the quarter that ended in Dec. 2025 was NT$979 Mil. Alexander Marine Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$8,769 Mil. Therefore, Alexander Marine Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 11.17%.

The historical rank and industry rank for Alexander Marine Co's Return-on-Tangible-Equity or its related term are showing as below:

TPE:8478' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.74   Med: 13.62   Max: 45.87
Current: 14.64

During the past 13 years, Alexander Marine Co's highest Return-on-Tangible-Equity was 45.87%. The lowest was 1.74%. And the median was 13.62%.

TPE:8478's Return-on-Tangible-Equity is ranked better than
73.42% of 1283 companies
in the Vehicles & Parts industry
Industry Median: 7.47 vs TPE:8478: 14.64

Alexander Marine Co  (TPE:8478) 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.


Alexander Marine Co Return-on-Tangible-Equity Related Terms


Alexander Marine Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Alexander Marine 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.

Alexander Marine Co Return-on-Tangible-Equity Chart

Alexander Marine Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.38 45.87 39.77 13.06 14.18

Alexander Marine Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.53 2.74 20.98 25.08 11.17

TPE:8478 vs BC, PII, THO: Return-on-Tangible-Equity Comparison

For the Recreational Vehicles subindustry, Alexander Marine 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.


Alexander Marine Co Return-on-Tangible-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Alexander Marine Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Alexander Marine Co's Return-on-Tangible-Equity falls into.


TPE:8478
74GF Score
Alexander Marine Co Ltd TPE:8478
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alexander Marine Co Return-on-Tangible-Equity Calculation

Alexander Marine Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1244.96/( (8546.339+9018.168 )/ 2 )
=1244.96/8782.2535
=14.18 %

Alexander Marine Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=979.104/( (8519.462+9018.168)/ 2 )
=979.104/8768.815
=11.17 %

* 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 11.17% mean?
Alexander Marine Co (TPE:8478) has a Return-on-Tangible-Equity of 11.17% 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 Alexander Marine Co and its competitors. This is 18% below median its historical median of 13.62. Over the past decade, Alexander Marine Co's Return-on-Tangible-Equity has ranged from 1.74 to 45.87. According to the industry distribution chart, Alexander Marine Co ranks #341 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 26.6%.
Is Alexander Marine Co's Return-on-Tangible-Equity too high?
Alexander Marine Co's current Return-on-Tangible-Equity of 11.17% is 18% below median its 10-year median of 13.62. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 45.87. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.47. Alexander Marine Co's value of 11.17% is 49.5% above this industry median. Based on the distribution chart, Alexander Marine Co ranks #341 out of 1283 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Alexander Marine Co has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alexander Marine Co's Return-on-Tangible-Equity compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Alexander Marine Co ranks #341 out of 1283 companies for Return-on-Tangible-Equity. This puts Alexander Marine Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.47. Alexander Marine Co's value of 11.17% is 49.5% above this benchmark. Historically, Alexander Marine Co's own Return-on-Tangible-Equity has ranged from 1.74 to 45.87 over the past decade. While the company's 10-year median is 13.62 vs. the industry median of 7.47, Alexander Marine 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.47, based on 1,283 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. Alexander Marine Co's current Return-on-Tangible-Equity of 11.17% is 49.5% 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 Alexander Marine Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alexander Marine Co's current Return-on-Tangible-Equity is 11.17%, which is 18% below median its own 10-year median of 13.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander Marine Co stock overvalued right now?
Based on GuruFocus' analysis, Alexander Marine Co (TPE:8478) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$292.79, compared to a current price of NT$154.50 — trading 47.2% below its estimated fair value. The current Return-on-Tangible-Equity is 11.17%, which is 18% below median its 10-year median of 13.62 and 49.5% above the Vehicles & Parts industry median of 7.47. Alexander Marine Co's overall GF Score™ is 74/100 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 Alexander Marine Co (TPE:8478), the current Return-on-Tangible-Equity is 11.17% 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 Alexander Marine Co (TPE:8478) Overvalued in 2026?

Based on GuruFocus' analysis, Alexander Marine Co stock appears to be undervalued. The current stock price of NT$154.50 is trading 47.2% below its estimated GF Value™ of NT$292.79. GuruFocus considers Alexander Marine Co to be Significantly Undervalued.

Key valuation signals for TPE:8478:

  • Return-on-Tangible-Equity: 11.17% (18% below median its 10-year median of 13.62)
  • GF Value™: NT$292.79 vs. price of NT$154.50 (47.2% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 49.5% above the Vehicles & Parts median (#341 of 1283)

No single metric tells the full story. See the TPE:8478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alexander Marine Co Business Description

Address No. 1, Jin-Fu Road, Qian-Zhen District, Kaohsiung City, TWN, 806
Alexander Marine Co Ltd mainly manufactures and sells yachts. The main operations of the Corporation and its subsidiaries are the manufacturing, processing, and selling of yachts.
74GF Score

Get the complete analysis for TPE:8478

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$154.50
Price
NT$292.79
GF Value