Reward Wool Industry (TPE:1423) ROE %: 3.09% (As of Dec. 2025) — 23% Above Median


TPE:1423 Reward Wool Industry Corp TPE:1423
58 GF Score
Price NT$36.90
GF Value NT$24.34
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Reward Wool Industry ROE %?

Reward Wool Industry TPE:1423 58 ROE % is 3.09% as of Dec. 2025, which is 23% above its 10-year median of 2.52. GuruFocus rates TPE:1423 with a GF Score™ of 58/100 and a GF Value™ of NT$24.34 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Reward Wool Industry ranks better than 79.27% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Reward Wool Industry's annualized net income for the quarter that ended in Dec. 2025 was NT$117.61 Mil. Reward Wool Industry's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$3,804.36 Mil. Therefore, Reward Wool Industry's annualized ROE % for the quarter that ended in Dec. 2025 was 3.09%.

The historical rank and industry rank for Reward Wool Industry's ROE % or its related term are showing as below:

TPE:1423' s ROE % Range Over the Past 10 Years
Min: -1.52   Med: 2.52   Max: 13.21
Current: 12.29

During the past 13 years, Reward Wool Industry's highest ROE % was 13.21%. The lowest was -1.52%. And the median was 2.52%.

TPE:1423's ROE % is ranked better than
79.27% of 1018 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.04 vs TPE:1423: 12.29

Reward Wool Industry  (TPE:1423) 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:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=117.612/3804.3625
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(117.612 / 72.588)*(72.588 / 4050.939)*(4050.939 / 3804.3625)
=Net Margin %*Asset Turnover*Equity Multiplier
=162.03 %*0.0179*1.0648
=ROA %*Equity Multiplier
=2.9 %*1.0648
=3.09 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=117.612/3804.3625
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (117.612 / 162.56) * (162.56 / -47.172) * (-47.172 / 72.588) * (72.588 / 4050.939) * (4050.939 / 3804.3625)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7235 * -3.4461 * -64.99 % * 0.0179 * 1.0648
=3.09 %

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.


Reward Wool Industry ROE % Related Terms


Reward Wool Industry ROE % Historical Data

* Premium members only.

The historical data trend for Reward Wool Industry's ROE % 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.

Reward Wool Industry ROE % Chart

Reward Wool Industry Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.03 2.38 2.39 2.65 12.57

Reward Wool Industry Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROE % 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 2.59 8.86 7.30 29.27 3.09

Reward Wool Industry ROE % Competitor Comparison

For the Textile Manufacturing subindustry, Reward Wool Industry'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.


Reward Wool Industry ROE % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Reward Wool Industry's ROE % distribution charts can be found below:

* The bar in red indicates where Reward Wool Industry's ROE % falls into.


TPE:1423
58GF Score
Reward Wool Industry Corp TPE:1423
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reward Wool Industry ROE % Calculation

Reward Wool Industry's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=433.968/( (3233.293+3670.005)/ 2 )
=433.968/3451.649
=12.57 %

Reward Wool Industry's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=117.612/( (3938.72+3670.005)/ 2 )
=117.612/3804.3625
=3.09 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 3.09% mean?
Reward Wool Industry (TPE:1423) has a ROE % of 3.09% 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 Reward Wool Industry and its competitors. This is 23% above median its historical median of 2.52. According to the industry distribution chart, Reward Wool Industry ranks #211 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 20.7%.
Is Reward Wool Industry's ROE % too high?
Reward Wool Industry's current ROE % of 3.09% is 23% above median its 10-year median of 2.52. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. Reward Wool Industry's value of 3.09% is 23.5% below this industry median. Based on the distribution chart, Reward Wool Industry ranks #211 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Reward Wool Industry has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reward Wool Industry's ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Reward Wool Industry ranks #211 out of 1018 companies for ROE %. This places Reward Wool Industry in the top 21% of its industry — outperforming the majority of peers. The industry median ROE % is 4.04. Reward Wool Industry's value of 3.09% is 23.5% below this benchmark. While the company's 10-year median is 2.52 vs. the industry median of 4.04, Reward Wool Industry has consistently been below 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. Reward Wool Industry's current ROE % of 3.09% is 23.5% below 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 Reward Wool Industry 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. Reward Wool Industry's current ROE % is 3.09%, which is 23% above median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reward Wool Industry stock overvalued right now?
Based on GuruFocus' analysis, Reward Wool Industry (TPE:1423) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$24.34, compared to a current price of NT$36.90 — trading 51.6% above its estimated fair value. The current ROE % is 3.09%, which is 23% above median its 10-year median of 2.52 and 23.5% below the Manufacturing - Apparel & Accessories industry median of 4.04. Reward Wool Industry's overall GF Score™ is 58/100 with 4 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 Reward Wool Industry (TPE:1423), the current ROE % is 3.09% 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 Reward Wool Industry (TPE:1423) Overvalued in 2026?

Based on GuruFocus' analysis, Reward Wool Industry stock appears to be overvalued. The current stock price of NT$36.90 is trading 51.6% above its estimated GF Value™ of NT$24.34. GuruFocus considers Reward Wool Industry to be Significantly Overvalued.

Key valuation signals for TPE:1423:

  • ROE %: 3.09% (23% above median its 10-year median of 2.52)
  • GF Value™: NT$24.34 vs. price of NT$36.90 (51.6% above fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 23.5% below the Manufacturing - Apparel & Accessories median (#211 of 1018)

No single metric tells the full story. See the TPE:1423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Reward Wool Industry Business Description

Address No. 310, Zhongxiao East Road, Section 4, 12th Floor, Kuang Fu Building, Taipei, TWN, 106
Reward Wool Industry Corp operates in the textile manufacturing industry. The company is engaged in the manufacturing and sales of wool tops (including carbonized noil), other special processing tops for shrink-proof, dyeing, and finishing, and import and export of related businesses. Geographically, the company derives its key revenue from its business in Taiwan and the rest from Japan, Korea, and other regions.
58GF Score

Get the complete analysis for TPE:1423

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

NT$36.90
Price
NT$24.34
GF Value