Airtac International Group (TPE:1590) ROE %: 18.54% (As of Dec. 2025) — Near Median


TPE:1590 Airtac International Group TPE:1590
99 GF Score
Price NT$1,360.00
GF Value NT$1,210.91
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Airtac International Group ROE %?

Airtac International Group TPE:1590 -2.16% 99 ROE % is 18.54% as of Dec. 2025, which is 8% above its 10-year median of 17.14. GuruFocus rates TPE:1590 with a GF Score™ of 99/100 and a GF Value™ of NT$1,210.91 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 3,004 Industrial Products companies, Airtac International Group ranks better than 86.78% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Airtac International Group's annualized net income for the quarter that ended in Dec. 2025 was NT$9,311 Mil. Airtac International Group's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$50,234 Mil. Therefore, Airtac International Group's annualized ROE % for the quarter that ended in Dec. 2025 was 18.54%.

The historical rank and industry rank for Airtac International Group's ROE % or its related term are showing as below:

TPE:1590' s ROE % Range Over the Past 10 Years
Min: 15.46   Med: 17.14   Max: 24.82
Current: 17.59

During the past 13 years, Airtac International Group's highest ROE % was 24.82%. The lowest was 15.46%. And the median was 17.14%.

TPE:1590's ROE % is ranked better than
86.78% of 3004 companies
in the Industrial Products industry
Industry Median: 5.865 vs TPE:1590: 17.59

Airtac International Group  (TPE:1590) 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
=9311.256/50234.158
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9311.256 / 36140.556)*(36140.556 / 58390.881)*(58390.881 / 50234.158)
=Net Margin %*Asset Turnover*Equity Multiplier
=25.76 %*0.6189*1.1624
=ROA %*Equity Multiplier
=15.94 %*1.1624
=18.54 %

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
=9311.256/50234.158
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (9311.256 / 11828.564) * (11828.564 / 11343.06) * (11343.06 / 36140.556) * (36140.556 / 58390.881) * (58390.881 / 50234.158)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7872 * 1.0428 * 31.39 % * 0.6189 * 1.1624
=18.54 %

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.


Airtac International Group ROE % Related Terms


Airtac International Group ROE % Historical Data

* Premium members only.

The historical data trend for Airtac International Group'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.

Airtac International Group ROE % Chart

Airtac International Group 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 22.36 16.24 17.09 16.85 16.72

Airtac International Group 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 15.25 16.41 18.01 18.28 18.54

TPE:1590 vs GEV, ETN, PH: ROE % Comparison

For the Specialty Industrial Machinery subindustry, Airtac International Group'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.


Airtac International Group ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Airtac International Group's ROE % distribution charts can be found below:

* The bar in red indicates where Airtac International Group's ROE % falls into.


TPE:1590
99GF Score
Airtac International Group TPE:1590
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Airtac International Group ROE % Calculation

Airtac International Group'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 )
=8400.098/( (47892.668+52581.178)/ 2 )
=8400.098/50236.923
=16.72 %

Airtac International Group'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 )
=9311.256/( (47887.138+52581.178)/ 2 )
=9311.256/50234.158
=18.54 %

* 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 18.54% mean?
Airtac International Group (TPE:1590) has a ROE % of 18.54% 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 Airtac International Group and its competitors. This is near median its historical median of 17.14. Over the past decade, Airtac International Group's ROE % has ranged from 15.46 to 24.82. According to the industry distribution chart, Airtac International Group ranks #397 out of 3004 companies in the Industrial Products industry, placing it in the top 13.2%.
Is Airtac International Group's ROE % too high?
Airtac International Group's current ROE % of 18.54% is near median its 10-year median of 17.14. Over the past 10 years, this metric has ranged from a low of 15.46 to a high of 24.82. The Industrial Products industry median ROE % is 5.87. Airtac International Group's value of 18.54% is 216.1% above this industry median. Based on the distribution chart, Airtac International Group ranks #397 out of 3004 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Airtac International Group has a GF Score™ of 99/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airtac International Group's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Airtac International Group ranks #397 out of 3004 companies for ROE %. This places Airtac International Group in the top 13% of its industry — outperforming the majority of peers. The industry median ROE % is 5.87. Airtac International Group's value of 18.54% is 216.1% above this benchmark. Historically, Airtac International Group's own ROE % has ranged from 15.46 to 24.82 over the past decade. While the company's 10-year median is 17.14 vs. the industry median of 5.87, Airtac International Group 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.87, based on 3,004 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. Airtac International Group's current ROE % of 18.54% is 216.1% 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 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 Airtac International Group and its competitors. For the Industrial Products industry, the median ROE % is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airtac International Group's current ROE % is 18.54%, which is near median its own 10-year median of 17.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airtac International Group stock overvalued right now?
Based on GuruFocus' analysis, Airtac International Group (TPE:1590) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$1,210.91, compared to a current price of NT$1,360.00 — trading 12.3% above its estimated fair value. The current ROE % is 18.54%, which is near median its 10-year median of 17.14 and 216.1% above the Industrial Products industry median of 5.87. Airtac International Group's overall GF Score™ is 99/100 with 8 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 Airtac International Group (TPE:1590), the current ROE % is 18.54% 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 Airtac International Group (TPE:1590) Overvalued in 2026?

Based on GuruFocus' analysis, Airtac International Group stock appears to be overvalued. The current stock price of NT$1,360.00 is trading 12.3% above its estimated GF Value™ of NT$1,210.91. GuruFocus considers Airtac International Group to be Modestly Overvalued.

Key valuation signals for TPE:1590:

  • ROE %: 18.54% (near median its 10-year median of 17.14)
  • GF Value™: NT$1,210.91 vs. price of NT$1,360.00 (12.3% above fair value)
  • GF Score™: 99/100 with 8 warning signs
  • Industry Position: 216.1% above the Industrial Products median (#397 of 3004)

No single metric tells the full story. See the TPE:1590 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Airtac International Group Business Description

Address No. 10, Minsheng E. Road, 9th Floor, Sec. 3, Zhongshan District, Taipei City, TWN, 104511
Established in Taiwan in 1989, AirTAC International Group specializes in producing actuators, control components, air preparation products, and accessories, which are widely used in industrial automation, including industries such as electronics, energy & lighting, battery, packaging, automotive, general machinery, and textile. The firm is the second-largest pneumatic equipment manufacturer in China, with 30% market share. AirTAC generated more than 90% of sales from China in 2025.
99GF Score

Get the complete analysis for TPE:1590

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

NT$1,360.00
Price
NT$1,210.91
GF Value