Far Eastern New CenturyTPE:1402 77 ROE % is 4.25% as of Dec. 2025, which is 4% above its 10-year median of 4.07. GuruFocus rates TPE:1402 with a GF Score™ of 77/100 and a GF Value™ of NT$33.16 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Far Eastern New Century ranks worse than 53.44% on this metric.
Far Eastern New Century (TPE:1402) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
* 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.
Far Eastern New Century ROE % Competitor Comparison
For the Textile Manufacturing subindustry, Far Eastern New Century's ROE %, along with its competitors' market caps and ROE % 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.
Far Eastern New Century ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Far Eastern New Century's ROE % distribution charts can be found below:
* The bar in red indicates where Far Eastern New Century's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
Far Eastern New Century (TPE:1402) has a ROE % of 4.25% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Far Eastern New Century and its competitors. This is near median its historical median of 4.07. Over the past decade, Far Eastern New Century's ROE % has ranged from 3.25 to 6.05. According to the industry distribution chart, Far Eastern New Century ranks #544 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 53.4%.
Is Far Eastern New Century's ROE % too high?
Far Eastern New Century's current ROE % of 4.25% is near median its 10-year median of 4.07. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 6.05. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. Far Eastern New Century's value of 4.25% is 5.2% above this industry median. Based on the distribution chart, Far Eastern New Century ranks #544 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Far Eastern New Century has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Far Eastern New Century's ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Far Eastern New Century ranks #544 out of 1018 companies for ROE %. This places Far Eastern New Century in the lower half of its industry. The industry median ROE % is 4.04. Far Eastern New Century's value of 4.25% is 5.2% above this benchmark. Historically, Far Eastern New Century's own ROE % has ranged from 3.25 to 6.05 over the past decade. While the company's 10-year median is 4.07 vs. the industry median of 4.04, Far Eastern New Century 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 ROE % for a Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Far Eastern New Century's current ROE % of 4.25% is 5.2% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Far Eastern New Century and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Far Eastern New Century's current ROE % is 4.25%, which is near median its own 10-year median of 4.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far Eastern New Century stock overvalued right now?
Based on GuruFocus' analysis, Far Eastern New Century (TPE:1402) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$33.16, compared to a current price of NT$27.45 — trading 17.2% below its estimated fair value. The current ROE % is 4.25%, which is near median its 10-year median of 4.07 and 5.2% above the Manufacturing - Apparel & Accessories industry median of 4.04. Far Eastern New Century's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Far Eastern New Century (TPE:1402), the current ROE % is 4.25% 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 Far Eastern New Century (TPE:1402) Overvalued in 2026?
Based on GuruFocus' analysis, Far Eastern New Century stock appears to be undervalued.
The current stock price of NT$27.45 is trading 17.2% below its estimated GF Value™ of NT$33.16.
GuruFocus considers Far Eastern New Century to be Modestly Undervalued.
Key valuation signals for TPE:1402:
ROE %: 4.25% (near median its 10-year median of 4.07)
GF Value™: NT$33.16 vs. price of NT$27.45 (17.2% below fair value)
Industry Position: 5.2% above the Manufacturing - Apparel & Accessories median (#544 of 1018)
No single metric tells the full story. See the TPE:1402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Far Eastern New Century Corp is a Taiwan-based industrial holding company with operations that span Taiwan, China and overseas. The company is organized into a business that includes manufacturing and selling polyester materials and semi-finished and finished textiles such as cotton, synthetic or blended fabrics, towels and bed sheets, and woven and knitted garments; PET (polyethylene terephthalate) bottles and sheets; and natural, synthetic or blended yarns and polyester textured yarns. It also does yarn, silk and cloth printing and dyeing. Its operating segments include: Investments in production business, which derives key revenue; telecommunication services business; property development business; and Investment and other business.
77GF Score
Get the complete analysis for TPE:1402
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:1402 has been successfully added to your 
