Ruentex Development Co (TPE:9945) Return-on-Tangible-Equity: 13.72% (As of Dec. 2025) — Near Median

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TPE:9945 Ruentex Development Co Ltd TPE:9945
74 GF Score
Price NT$25.85
GF Value NT$53.55
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Ruentex Development Co Return-on-Tangible-Equity?

Ruentex Development Co TPE:9945 +1.77% 74 Return-on-Tangible-Equity is 13.72% as of Dec. 2025, which is 5% below its 10-year median of 14.51. GuruFocus rates TPE:9945 with a GF Score™ of 74/100 and a GF Value™ of NT$53.55 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,709 Construction companies, Ruentex Development Co ranks better than 59.98% 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. Ruentex Development Co's annualized net income for the quarter that ended in Dec. 2025 was NT$13,607 Mil. Ruentex Development Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$99,207 Mil. Therefore, Ruentex Development Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 13.72%.

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

TPE:9945' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.01   Med: 14.51   Max: 27.78
Current: 11.17

During the past 13 years, Ruentex Development Co's highest Return-on-Tangible-Equity was 27.78%. The lowest was 8.01%. And the median was 14.51%.

TPE:9945's Return-on-Tangible-Equity is ranked better than
59.98% of 1709 companies
in the Construction industry
Industry Median: 8.21 vs TPE:9945: 11.17

Ruentex Development Co  (TPE:9945) 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.


Ruentex Development Co Return-on-Tangible-Equity Related Terms


Ruentex Development Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Ruentex Development 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.

Ruentex Development Co Return-on-Tangible-Equity Chart

Ruentex Development 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 12.72 8.50 8.96 16.96 10.60

Ruentex Development 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 8.01 13.65 5.80 11.66 13.72

TPE:9945 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, Ruentex Development 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.


Ruentex Development Co Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, Ruentex Development Co's Return-on-Tangible-Equity distribution charts can be found below:

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


TPE:9945
74GF Score
Ruentex Development Co Ltd TPE:9945
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ruentex Development Co Return-on-Tangible-Equity Calculation

Ruentex Development 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 )
=10725.541/( (101115.238+101188.954 )/ 2 )
=10725.541/101152.096
=10.60 %

Ruentex Development 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 )
=13606.736/( (97224.745+101188.954)/ 2 )
=13606.736/99206.8495
=13.72 %

* 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 13.72% mean?
Ruentex Development Co (TPE:9945) has a Return-on-Tangible-Equity of 13.72% 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 Ruentex Development Co and its competitors. This is near median its historical median of 14.51. Over the past decade, Ruentex Development Co's Return-on-Tangible-Equity has ranged from 8.01 to 27.78. According to the industry distribution chart, Ruentex Development Co ranks #684 out of 1709 companies in the Construction industry, placing it in the top 40%.
Is Ruentex Development Co's Return-on-Tangible-Equity too high?
Ruentex Development Co's current Return-on-Tangible-Equity of 13.72% is near median its 10-year median of 14.51. Over the past 10 years, this metric has ranged from a low of 8.01 to a high of 27.78. The Construction industry median Return-on-Tangible-Equity is 8.21. Ruentex Development Co's value of 13.72% is 67.1% above this industry median. Based on the distribution chart, Ruentex Development Co ranks #684 out of 1709 companies in the Construction industry, which is above the industry midpoint. Overall, Ruentex Development Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ruentex Development Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Ruentex Development Co ranks #684 out of 1709 companies for Return-on-Tangible-Equity. This puts Ruentex Development Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.21. Ruentex Development Co's value of 13.72% is 67.1% above this benchmark. Historically, Ruentex Development Co's own Return-on-Tangible-Equity has ranged from 8.01 to 27.78 over the past decade. While the company's 10-year median is 14.51 vs. the industry median of 8.21, Ruentex Development 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. Ruentex Development Co's current Return-on-Tangible-Equity of 13.72% is 67.1% 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 Ruentex Development 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. Ruentex Development Co's current Return-on-Tangible-Equity is 13.72%, which is near median its own 10-year median of 14.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ruentex Development Co stock overvalued right now?
Based on GuruFocus' analysis, Ruentex Development Co (TPE:9945) is currently considered Possible Value Trap. The stock's GF Value™ is NT$53.55, compared to a current price of NT$25.85 — trading 51.7% below its estimated fair value. The current Return-on-Tangible-Equity is 13.72%, which is near median its 10-year median of 14.51 and 67.1% above the Construction industry median of 8.21. Ruentex Development Co's overall GF Score™ is 74/100 with 4 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 Ruentex Development Co (TPE:9945), the current Return-on-Tangible-Equity is 13.72% 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 Ruentex Development Co (TPE:9945) Overvalued in 2026?

Based on GuruFocus' analysis, Ruentex Development Co stock appears to be undervalued. The current stock price of NT$25.85 is trading 51.7% below its estimated GF Value™ of NT$53.55. GuruFocus considers Ruentex Development Co to be Possible Value Trap.

Key valuation signals for TPE:9945:

  • Return-on-Tangible-Equity: 13.72% (near median its 10-year median of 14.51)
  • GF Value™: NT$53.55 vs. price of NT$25.85 (51.7% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 67.1% above the Construction median (#684 of 1709)

No single metric tells the full story. See the TPE:9945 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ruentex Development Co Business Description

Address No. 308, Bade Road, 11th floor-1st floor, Section 2, Zhongshan District, Taipei, TWN, 104
Ruentex Development Co Ltd is a Taiwan-based company involved in the construction business. The company's reportable segments include Construction Business Department, Commercial Real Estate, Building Materials, and Other operating Departments. It generates maximum revenue from the Construction segment. Geographically, it derives a majority of its revenue from Taiwan.
74GF Score

Get the complete analysis for TPE:9945

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

NT$25.85
Price
NT$53.55
GF Value