Hsin BA BaTPE:9906 62 Return-on-Tangible-Equity is 61.29% as of Dec. 2025, which is 585% above its 10-year median of 8.95. GuruFocus rates TPE:9906 with a GF Score™ of 62/100 and a GF Value™ of NT$23.17 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,706 Construction companies, Hsin BA Ba ranks worse than 75.44% 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. Hsin BA Ba's annualized net income for the quarter that ended in Dec. 2025 was NT$753 Mil. Hsin BA Ba's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,229 Mil. Therefore, Hsin BA Ba's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 61.29%.
The historical rank and industry rank for Hsin BA Ba's Return-on-Tangible-Equity or its related term are showing as below:
TPE:9906'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.09 Med: 8.95 Max: 37.25
Current: 0.63
During the past 13 years, Hsin BA Ba's highest Return-on-Tangible-Equity was 37.25%. The lowest was -12.09%. And the median was 8.95%.
TPE:9906's Return-on-Tangible-Equity is ranked worse than 75.44% of 1706
companies
in the Construction industry
Industry Median: 8.245
vs TPE:9906: 0.63
Hsin BA Ba (TPE:9906) 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.
Hsin BA Ba Return-on-Tangible-Equity Related Terms
Hsin BA Ba Return-on-Tangible-Equity Historical Data
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The historical data trend for Hsin BA Ba'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.
TPE:9906 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Hsin BA Ba'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.
Hsin BA Ba Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Hsin BA Ba's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hsin BA Ba'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 61.29% mean?
Hsin BA Ba (TPE:9906) has a Return-on-Tangible-Equity of 61.29% 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 Hsin BA Ba and its competitors. This is 585% above median its historical median of 8.95. According to the industry distribution chart, Hsin BA Ba ranks #1287 out of 1706 companies in the Construction industry, placing it in the top 75.4%.
Is Hsin BA Ba's Return-on-Tangible-Equity too high?
Hsin BA Ba's current Return-on-Tangible-Equity of 61.29% is 585% above median its 10-year median of 8.95. The Construction industry median Return-on-Tangible-Equity is 8.25. Hsin BA Ba's value of 61.29% is 643.4% above this industry median. Based on the distribution chart, Hsin BA Ba ranks #1287 out of 1706 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Hsin BA Ba has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hsin BA Ba's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Hsin BA Ba ranks #1287 out of 1706 companies for Return-on-Tangible-Equity. This places Hsin BA Ba in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.25. Hsin BA Ba's value of 61.29% is 643.4% above this benchmark. While the company's 10-year median is 8.95 vs. the industry median of 8.25, Hsin BA Ba 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 8.25, based on 1,706 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. Hsin BA Ba's current Return-on-Tangible-Equity of 61.29% is 643.4% 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 Hsin BA Ba and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsin BA Ba's current Return-on-Tangible-Equity is 61.29%, which is 585% above median its own 10-year median of 8.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin BA Ba stock overvalued right now?
Based on GuruFocus' analysis, Hsin BA Ba (TPE:9906) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$23.17, compared to a current price of NT$40.50 — trading 74.8% above its estimated fair value. The current Return-on-Tangible-Equity is 61.29%, which is 585% above median its 10-year median of 8.95 and 643.4% above the Construction industry median of 8.25. Hsin BA Ba's overall GF Score™ is 62/100 with 8 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 Hsin BA Ba (TPE:9906), the current Return-on-Tangible-Equity is 61.29% 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 Hsin BA Ba (TPE:9906) Overvalued in 2026?
Based on GuruFocus' analysis, Hsin BA Ba stock appears to be overvalued.
The current stock price of NT$40.50 is trading 74.8% above its estimated GF Value™ of NT$23.17.
GuruFocus considers Hsin BA Ba to be Significantly Overvalued.
Key valuation signals for TPE:9906:
Return-on-Tangible-Equity: 61.29% (585% above median its 10-year median of 8.95)
GF Value™: NT$23.17 vs. price of NT$40.50 (74.8% above fair value)
Industry Position: 643.4% above the Construction median (#1287 of 1706)
No single metric tells the full story. See the TPE:9906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsin BA Ba Corp is engaged in designing, planning, and selling commercial and residential buildings. It also provides interior designing services and construction contracting services.
62GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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