Taiwan Glass Ind (TPE:1802) ROE %: 4.88% (As of Mar. 2026)

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TPE:1802 Taiwan Glass Ind Corp TPE:1802
45 GF Score
Price NT$51.00
GF Value NT$18.84
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Taiwan Glass Ind ROE %?

Taiwan Glass Ind TPE:1802 -6.08% 45 ROE % is 4.88% as of Mar. 2026. GuruFocus rates TPE:1802 with a GF Score™ of 45/100 and a GF Value™ of NT$18.84 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 402 Building Materials companies, Taiwan Glass Ind ranks worse than 68.91% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Taiwan Glass Ind's annualized net income for the quarter that ended in Mar. 2026 was NT$2,374 Mil. Taiwan Glass Ind's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was NT$48,641 Mil. Therefore, Taiwan Glass Ind's annualized ROE % for the quarter that ended in Mar. 2026 was 4.88%.

The historical rank and industry rank for Taiwan Glass Ind's ROE % or its related term are showing as below:

TPE:1802' s ROE % Range Over the Past 10 Years
Min: -3.73   Med: -0.58   Max: 23.46
Current: 0.8

During the past 13 years, Taiwan Glass Ind's highest ROE % was 23.46%. The lowest was -3.73%. And the median was -0.58%.

TPE:1802's ROE % is ranked worse than
68.91% of 402 companies
in the Building Materials industry
Industry Median: 4.32 vs TPE:1802: 0.80

Taiwan Glass Ind  (TPE:1802) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2374.256/48641.2935
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2374.256 / 40976.756)*(40976.756 / 91216.142)*(91216.142 / 48641.2935)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.79 %*0.4492*1.8753
=ROA %*Equity Multiplier
=2.6 %*1.8753
=4.88 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2374.256/48641.2935
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2374.256 / 2638.124) * (2638.124 / 3280.844) * (3280.844 / 40976.756) * (40976.756 / 91216.142) * (91216.142 / 48641.2935)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9 * 0.8041 * 8.01 % * 0.4492 * 1.8753
=4.88 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Taiwan Glass Ind ROE % Related Terms


Taiwan Glass Ind ROE % Historical Data

* Premium members only.

The historical data trend for Taiwan Glass Ind'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.

Taiwan Glass Ind ROE % Chart

Taiwan Glass Ind 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 23.46 -1.41 0.07 -3.27 -1.23

Taiwan Glass Ind Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -3.05 -7.59 2.53 3.20 4.88

TPE:1802 vs CRH, VMC, MLM: ROE % Comparison

For the Building Materials subindustry, Taiwan Glass Ind'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.


Taiwan Glass Ind ROE % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiwan Glass Ind's ROE % distribution charts can be found below:

* The bar in red indicates where Taiwan Glass Ind's ROE % falls into.


TPE:1802
45GF Score
Taiwan Glass Ind Corp TPE:1802
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Glass Ind ROE % Calculation

Taiwan Glass Ind'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 )
=-590.329/( (48436.671+47600.469)/ 2 )
=-590.329/48018.57
=-1.23 %

Taiwan Glass Ind's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=2374.256/( (47600.469+49682.118)/ 2 )
=2374.256/48641.2935
=4.88 %

* 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 (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 4.88% mean?
Taiwan Glass Ind (TPE:1802) has a ROE % of 4.88% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Taiwan Glass Ind and its competitors. According to the industry distribution chart, Taiwan Glass Ind ranks #277 out of 402 companies in the Building Materials industry, placing it in the top 68.9%.
Is Taiwan Glass Ind's ROE % too high?
Taiwan Glass Ind's current ROE % is 4.88%. The Building Materials industry median ROE % is 4.32. Taiwan Glass Ind's value of 4.88% is 13% above this industry median. Based on the distribution chart, Taiwan Glass Ind ranks #277 out of 402 companies in the Building Materials industry, which is below the industry midpoint. Overall, Taiwan Glass Ind has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Glass Ind's ROE % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Taiwan Glass Ind ranks #277 out of 402 companies for ROE %. This places Taiwan Glass Ind in the lower half of its industry. The industry median ROE % is 4.32. Taiwan Glass Ind's value of 4.88% is 13% above this benchmark. 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 Building Materials company?
The median ROE % among Building Materials companies is 4.32, based on 402 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. Taiwan Glass Ind's current ROE % of 4.88% is 13% 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 Taiwan Glass Ind and its competitors. For the Building Materials industry, the median ROE % is 4.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Glass Ind's current ROE % is 4.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Glass Ind stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Glass Ind (TPE:1802) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.84, compared to a current price of NT$51.00 — trading 170.7% above its estimated fair value. The current ROE % is 4.88% and 13% above the Building Materials industry median of 4.32. Taiwan Glass Ind's overall GF Score™ is 45/100 with 5 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 Taiwan Glass Ind (TPE:1802), the current ROE % is 4.88% as of Mar. 2026. 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 Glass Ind (TPE:1802) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Glass Ind stock appears to be overvalued. The current stock price of NT$51.00 is trading 170.7% above its estimated GF Value™ of NT$18.84. GuruFocus considers Taiwan Glass Ind to be Significantly Overvalued.

Key valuation signals for TPE:1802:

  • ROE %: 4.88%
  • GF Value™: NT$18.84 vs. price of NT$51.00 (170.7% above fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 13% above the Building Materials median (#277 of 402)

No single metric tells the full story. See the TPE:1802 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Glass Ind Business Description

Address No. 261, Section 3, Nanjing East Road, 11th Floor, TG Building, Songshan District, Taipei, TWN, 105-405
Taiwan Glass Ind Corp is engaged in the manufacturing, processing, and selling of various glass products. Its products include flat glass, auto glass, ultra-thin glass, photoelectric glass, fiber glass, and containers, tableware & kitchenware. The company's segments include Flat Glass Segment, engaged in the manufacturing and selling of flat glass; Glass Container Segment, engaged in the manufacturing and selling of glass containers; and Glass Fiber Segment, engaged in the manufacturing and selling of glass fibers. It derives the majority of its revenue from the Flat Glass segment. Geographically, its operations are spread across Taiwan, China, and Other countries.
45GF Score

Get the complete analysis for TPE:1802

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

NT$51.00
Price
NT$18.84
GF Value