San Far PropertyTPE:9946 51 Return-on-Tangible-Equity is 0.00% as of Dec. 2025. GuruFocus rates TPE:9946 with a GF Score™ of 51/100 and a GF Value™ of NT$11.57 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,714 Real Estate companies, San Far Property ranks worse than 67.04% 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. San Far Property's annualized net income for the quarter that ended in Dec. 2025 was NT$0.0 Mil. San Far Property's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$6,432.3 Mil. Therefore, San Far Property's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 0.00%.
The historical rank and industry rank for San Far Property's Return-on-Tangible-Equity or its related term are showing as below:
TPE:9946'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.9 Med: 5.69 Max: 26.76
Current: 0.9
During the past 13 years, San Far Property's highest Return-on-Tangible-Equity was 26.76%. The lowest was 0.90%. And the median was 5.69%.
TPE:9946's Return-on-Tangible-Equity is ranked worse than 67.04% of 1714
companies
in the Real Estate industry
Industry Median: 4.325
vs TPE:9946: 0.90
San Far Property (TPE:9946) 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.
San Far Property Return-on-Tangible-Equity Related Terms
San Far Property Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for San Far Property'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.
San Far Property Return-on-Tangible-Equity Competitor Comparison
For the Real Estate - Diversified subindustry, San Far Property'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.
San Far Property Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, San Far Property's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where San Far Property'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 0.00% mean?
San Far Property (TPE:9946) has a Return-on-Tangible-Equity of 0.00% 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 San Far Property and its competitors. Over the past decade, San Far Property's Return-on-Tangible-Equity has ranged from 0.90 to 26.76. According to the industry distribution chart, San Far Property ranks #1149 out of 1714 companies in the Real Estate industry, placing it in the top 67%.
Is San Far Property's Return-on-Tangible-Equity too high?
San Far Property's current Return-on-Tangible-Equity is 0.00%. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 26.76. Based on the distribution chart, San Far Property ranks #1149 out of 1714 companies in the Real Estate industry, which is below the industry midpoint. Overall, San Far Property has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does San Far Property's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, San Far Property ranks #1149 out of 1714 companies for Return-on-Tangible-Equity. This places San Far Property in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.33. Historically, San Far Property's own Return-on-Tangible-Equity has ranged from 0.90 to 26.76 over the past decade. 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.33, based on 1,714 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. 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 San Far Property and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Far Property's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Far Property stock overvalued right now?
Based on GuruFocus' analysis, San Far Property (TPE:9946) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$11.57, compared to a current price of NT$19.90 — trading 72% above its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. San Far Property's overall GF Score™ is 51/100 with 9 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 San Far Property (TPE:9946), the current Return-on-Tangible-Equity is 0.00% 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 San Far Property (TPE:9946) Overvalued in 2026?
Based on GuruFocus' analysis, San Far Property stock appears to be overvalued.
The current stock price of NT$19.90 is trading 72% above its estimated GF Value™ of NT$11.57.
GuruFocus considers San Far Property to be Significantly Overvalued.
Key valuation signals for TPE:9946:
Return-on-Tangible-Equity: 0.00%
GF Value™: NT$11.57 vs. price of NT$19.90 (72% above fair value)
No single metric tells the full story. See the TPE:9946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
San Far Property Ltd is a Taiwan-based real estate company. The main activities of the company include residential and building development, leasing and sales, and real estate leasing.
51GF 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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