Bes Engineering CoTPE:2515 -0.77%79 ROE % is 4.01% as of Dec. 2025, which is 43% above its 10-year median of 2.81. GuruFocus rates TPE:2515 with a GF Score™ of 79/100 and a GF Value™ of NT$14.81 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,738 Construction companies, Bes Engineering Co ranks worse than 65.59% on this metric.
The historical rank and industry rank for Bes Engineering Co's ROE % or its related term are showing as below:
TPE:2515'
s ROE % Range Over the Past 10 Years
Min: 1.34 Med: 2.81 Max: 12.41
Current: 2.87
During the past 13 years, Bes Engineering Co's highest ROE % was 12.41%. The lowest was 1.34%. And the median was 2.81%.
TPE:2515's ROE % is ranked worse than 65.59% of 1738
companies
in the Construction industry
Industry Median: 6.715
vs TPE:2515: 2.87
Bes Engineering Co (TPE:2515) 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.
Bes Engineering Co ROE % Related Terms
Bes Engineering Co ROE % Historical Data
* Premium members only.
The historical data trend for Bes Engineering Co'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.
For the Engineering & Construction subindustry, Bes Engineering 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.
Bes Engineering Co ROE % vs Construction Industry
For the Construction industry and Industrials sector, Bes Engineering Co's ROE % distribution charts can be found below:
* The bar in red indicates where Bes Engineering 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.
Bes Engineering Co (TPE:2515) has a ROE % of 4.01% 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 Bes Engineering Co and its competitors. This is 43% above median its historical median of 2.81. Over the past decade, Bes Engineering Co's ROE % has ranged from 1.34 to 12.41. According to the industry distribution chart, Bes Engineering Co ranks #1140 out of 1738 companies in the Construction industry, placing it in the top 65.6%.
Is Bes Engineering Co's ROE % too high?
Bes Engineering Co's current ROE % of 4.01% is 43% above median its 10-year median of 2.81. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 12.41. The Construction industry median ROE % is 6.72. Bes Engineering Co's value of 4.01% is 40.3% below this industry median. Based on the distribution chart, Bes Engineering Co ranks #1140 out of 1738 companies in the Construction industry, which is below the industry midpoint. Overall, Bes Engineering Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bes Engineering Co's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Bes Engineering Co ranks #1140 out of 1738 companies for ROE %. This places Bes Engineering Co in the lower half of its industry. The industry median ROE % is 6.72. Bes Engineering Co's value of 4.01% is 40.3% below this benchmark. Historically, Bes Engineering Co's own ROE % has ranged from 1.34 to 12.41 over the past decade. While the company's 10-year median is 2.81 vs. the industry median of 6.72, Bes Engineering Co 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 Construction company?
The median ROE % among Construction companies is 6.72, based on 1,738 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. Bes Engineering Co's current ROE % of 4.01% is 40.3% 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 Bes Engineering Co and its competitors. For the Construction industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bes Engineering Co's current ROE % is 4.01%, which is 43% above median its own 10-year median of 2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bes Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Bes Engineering Co (TPE:2515) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.81, compared to a current price of NT$12.95 — trading 12.6% below its estimated fair value. The current ROE % is 4.01%, which is 43% above median its 10-year median of 2.81 and 40.3% below the Construction industry median of 6.72. Bes Engineering Co's overall GF Score™ is 79/100 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 Bes Engineering Co (TPE:2515), the current ROE % is 4.01% 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 Bes Engineering Co (TPE:2515) Overvalued in 2026?
Based on GuruFocus' analysis, Bes Engineering Co stock appears to be undervalued.
The current stock price of NT$12.95 is trading 12.6% below its estimated GF Value™ of NT$14.81.
GuruFocus considers Bes Engineering Co to be Modestly Undervalued.
Key valuation signals for TPE:2515:
ROE %: 4.01% (43% above median its 10-year median of 2.81)
GF Value™: NT$14.81 vs. price of NT$12.95 (12.6% below fair value)
Industry Position: 40.3% below the Construction median (#1140 of 1738)
No single metric tells the full story. See the TPE:2515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bes Engineering Co engages mainly in civil engineering, building construction, real estate transactions, and the development of industrial districts for the government. Its construction engineering includes super high-rise buildings, high-end residences, department stores, office buildings, factories and offices, medical buildings, schools, gymnasiums, and large-scale community development.
79GF Score
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