The historical rank and industry rank for Iron Force Industrial Co's ROE % or its related term are showing as below:
TPE:2228'
s ROE % Range Over the Past 10 Years
Min: 2.59 Med: 12.71 Max: 19.67
Current: 8.37
During the past 13 years, Iron Force Industrial Co's highest ROE % was 19.67%. The lowest was 2.59%. And the median was 12.71%.
TPE:2228's ROE % is ranked better than 57.69% of 1307
companies
in the Vehicles & Parts industry
Industry Median: 6.6
vs TPE:2228: 8.37
Iron Force Industrial Co (TPE:2228) 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.
For the Auto Parts subindustry, Iron Force Industrial Co'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.
Iron Force Industrial Co ROE % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Iron Force Industrial Co's ROE % distribution charts can be found below:
* The bar in red indicates where Iron Force Industrial Co'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.
Iron Force Industrial Co (TPE:2228) has a ROE % of 7.80% 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 Iron Force Industrial Co and its competitors. This is 39% below median its historical median of 12.71. Over the past decade, Iron Force Industrial Co's ROE % has ranged from 2.59 to 19.67. According to the industry distribution chart, Iron Force Industrial Co ranks #553 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 42.3%.
Is Iron Force Industrial Co's ROE % too high?
Iron Force Industrial Co's current ROE % of 7.80% is 39% below median its 10-year median of 12.71. Over the past 10 years, this metric has ranged from a low of 2.59 to a high of 19.67. The Vehicles & Parts industry median ROE % is 6.60. Iron Force Industrial Co's value of 7.80% is 18.2% above this industry median. Based on the distribution chart, Iron Force Industrial Co ranks #553 out of 1307 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Iron Force Industrial Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Iron Force Industrial Co's ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Iron Force Industrial Co ranks #553 out of 1307 companies for ROE %. This puts Iron Force Industrial Co in the upper half of its industry. The industry median ROE % is 6.60. Iron Force Industrial Co's value of 7.80% is 18.2% above this benchmark. Historically, Iron Force Industrial Co's own ROE % has ranged from 2.59 to 19.67 over the past decade. While the company's 10-year median is 12.71 vs. the industry median of 6.60, Iron Force Industrial 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 ROE % for a Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.60, based on 1,307 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. Iron Force Industrial Co's current ROE % of 7.80% is 18.2% 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 Iron Force Industrial Co and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Force Industrial Co's current ROE % is 7.80%, which is 39% below median its own 10-year median of 12.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Force Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Iron Force Industrial Co (TPE:2228) is currently considered Fairly Valued. The stock's GF Value™ is NT$92.64, compared to a current price of NT$87.80 — trading 5.2% below its estimated fair value. The current ROE % is 7.80%, which is 39% below median its 10-year median of 12.71 and 18.2% above the Vehicles & Parts industry median of 6.60. Iron Force Industrial Co's overall GF Score™ is 91/100 with 3 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 Iron Force Industrial Co (TPE:2228), the current ROE % is 7.80% 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 Iron Force Industrial Co (TPE:2228) Overvalued in 2026?
Based on GuruFocus' analysis, Iron Force Industrial Co stock appears to be undervalued.
The current stock price of NT$87.80 is trading 5.2% below its estimated GF Value™ of NT$92.64.
GuruFocus considers Iron Force Industrial Co to be Fairly Valued.
Key valuation signals for TPE:2228:
ROE %: 7.80% (39% below median its 10-year median of 12.71)
GF Value™: NT$92.64 vs. price of NT$87.80 (5.2% below fair value)
Industry Position: 18.2% above the Vehicles & Parts median (#553 of 1307)
No single metric tells the full story. See the TPE:2228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iron Force Industrial Co Ltd is a Taiwan-based company mainly engaged in manufacturing and trading airbag inflators for automotive safety systems, high-precision metal tubes for seatbelt retractor/pretensioner systems, and trading display fixtures and other metal parts. The majority of its revenue is generated from the manufacturing and sales of automotive safety components. Geographically, the company generates maximum revenue from Mainland China and the rest from Taiwan and Europe.
91GF Score
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