Taiwan Steel Union Co (TPE:6581) ROA %: 14.51% (As of Dec. 2025) — Near Median


TPE:6581 Taiwan Steel Union Co Ltd TPE:6581
87 GF Score
Price NT$106.50
GF Value NT$96.94
Valuation Fairly Valued
! 5 Warning Signs
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What is Taiwan Steel Union Co ROA %?

Taiwan Steel Union Co TPE:6581 -0.47% 87 ROA % is 14.51% as of Dec. 2025, which is 1% below its 10-year median of 14.65. GuruFocus rates TPE:6581 with a GF Score™ of 87/100 and a GF Value™ of NT$96.94 (Fairly Valued). The stock has 5 warning signs investors should review. Among 247 Waste Management companies, Taiwan Steel Union Co ranks better than 93.52% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Taiwan Steel Union Co's annualized Net Income for the quarter that ended in Dec. 2025 was NT$765 Mil. Taiwan Steel Union Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$5,267 Mil. Therefore, Taiwan Steel Union Co's annualized ROA % for the quarter that ended in Dec. 2025 was 14.51%.

The historical rank and industry rank for Taiwan Steel Union Co's ROA % or its related term are showing as below:

TPE:6581' s ROA % Range Over the Past 10 Years
Min: 8.51   Med: 14.65   Max: 27.78
Current: 12.9

During the past 13 years, Taiwan Steel Union Co's highest ROA % was 27.78%. The lowest was 8.51%. And the median was 14.65%.

TPE:6581's ROA % is ranked better than
93.52% of 247 companies
in the Waste Management industry
Industry Median: 1.72 vs TPE:6581: 12.90

Taiwan Steel Union Co  (TPE:6581) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=764.532/5267.19
=(Net Income / Revenue)*(Revenue / Total Assets)
=(764.532 / 2329.392)*(2329.392 / 5267.19)
=Net Margin %*Asset Turnover
=32.82 %*0.4422
=14.51 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Taiwan Steel Union Co ROA % Related Terms


Taiwan Steel Union Co ROA % Historical Data

* Premium members only.

The historical data trend for Taiwan Steel Union Co's ROA % 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.

Taiwan Steel Union Co ROA % Chart

Taiwan Steel Union Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.95 21.02 10.62 16.65 12.65

Taiwan Steel Union Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROA % 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 19.70 10.31 15.73 11.32 14.51

TPE:6581 vs WM, RSG, WCN: ROA % Comparison

For the Waste Management subindustry, Taiwan Steel Union Co's ROA %, along with its competitors' market caps and ROA % 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.


Taiwan Steel Union Co ROA % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Taiwan Steel Union Co's ROA % distribution charts can be found below:

* The bar in red indicates where Taiwan Steel Union Co's ROA % falls into.


TPE:6581
87GF Score
Taiwan Steel Union Co Ltd TPE:6581
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Steel Union Co ROA % Calculation

Taiwan Steel Union Co's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=686.753/( (5435.317+5421.58)/ 2 )
=686.753/5428.4485
=12.65 %

Taiwan Steel Union Co's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=764.532/( (5112.8+5421.58)/ 2 )
=764.532/5267.19
=14.51 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 14.51% mean?
Taiwan Steel Union Co (TPE:6581) has a ROA % of 14.51% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Taiwan Steel Union Co and its competitors. This is near median its historical median of 14.65. Over the past decade, Taiwan Steel Union Co's ROA % has ranged from 8.51 to 27.78. According to the industry distribution chart, Taiwan Steel Union Co ranks #16 out of 247 companies in the Waste Management industry, placing it in the top 6.5%.
Is Taiwan Steel Union Co's ROA % too high?
Taiwan Steel Union Co's current ROA % of 14.51% is near median its 10-year median of 14.65. Over the past 10 years, this metric has ranged from a low of 8.51 to a high of 27.78. The Waste Management industry median ROA % is 1.72. Taiwan Steel Union Co's value of 14.51% is 743.6% above this industry median. Based on the distribution chart, Taiwan Steel Union Co ranks #16 out of 247 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Steel Union Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Steel Union Co's ROA % compare to WM and RSG?
According to the Waste Management industry distribution chart, Taiwan Steel Union Co ranks #16 out of 247 companies for ROA %. This places Taiwan Steel Union Co in the top 7% of its industry — outperforming the majority of peers. The industry median ROA % is 1.72. Taiwan Steel Union Co's value of 14.51% is 743.6% above this benchmark. Historically, Taiwan Steel Union Co's own ROA % has ranged from 8.51 to 27.78 over the past decade. While the company's 10-year median is 14.65 vs. the industry median of 1.72, Taiwan Steel Union 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 ROA % for a Waste Management company?
The median ROA % among Waste Management companies is 1.72, based on 247 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Taiwan Steel Union Co's current ROA % of 14.51% is 743.6% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Taiwan Steel Union Co and its competitors. For the Waste Management industry, the median ROA % is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Steel Union Co's current ROA % is 14.51%, which is near median its own 10-year median of 14.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Steel Union Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Steel Union Co (TPE:6581) is currently considered Fairly Valued. The stock's GF Value™ is NT$96.94, compared to a current price of NT$106.50 — trading 9.9% above its estimated fair value. The current ROA % is 14.51%, which is near median its 10-year median of 14.65 and 743.6% above the Waste Management industry median of 1.72. Taiwan Steel Union Co's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Taiwan Steel Union Co (TPE:6581), the current ROA % is 14.51% 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 Taiwan Steel Union Co (TPE:6581) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Steel Union Co stock appears to be overvalued. The current stock price of NT$106.50 is trading 9.9% above its estimated GF Value™ of NT$96.94. GuruFocus considers Taiwan Steel Union Co to be Fairly Valued.

Key valuation signals for TPE:6581:

  • ROA %: 14.51% (near median its 10-year median of 14.65)
  • GF Value™: NT$96.94 vs. price of NT$106.50 (9.9% above fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 743.6% above the Waste Management median (#16 of 247)

No single metric tells the full story. See the TPE:6581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Steel Union Co Business Description

Address No. 36, Siangong North 1st Road, Changbin Industrial Zone, Shengang Township, Changhua, TWN, 50953
Taiwan Steel Union Co Ltd is a Taiwan-based waste management company. The company's main business is to dispose and reuse general industrial waste and hazardous industrial waste, as well as manufacture and trade non-ferrous metal (zinc oxide) and non-metallic mineral products.
87GF Score

Get the complete analysis for TPE:6581

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$106.50
Price
NT$96.94
GF Value