TPE:2516's ROE % is ranked better than 76.41% of 1738
companies
in the Construction industry
Industry Median: 6.715
vs TPE:2516: 14.76
New Asia Construction & Development (TPE:2516) 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.
New Asia Construction & Development ROE % Related Terms
New Asia Construction & Development ROE % Historical Data
* 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, New Asia Construction & Development'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.
New Asia Construction & Development ROE % vs Construction Industry
* 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.
New Asia Construction & Development (TPE:2516) has a ROE % of 29.97% 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 New Asia Construction & Development and its competitors. This is 1314% above median its historical median of 2.12. According to the industry distribution chart, New Asia Construction & Development ranks #410 out of 1738 companies in the Construction industry, placing it in the top 23.6%.
Is New Asia Construction & Development's ROE % too high?
New Asia Construction & Development's current ROE % of 29.97% is 1314% above median its 10-year median of 2.12. The Construction industry median ROE % is 6.72. New Asia Construction & Development's value of 29.97% is 346.3% above this industry median. Based on the distribution chart, New Asia Construction & Development ranks #410 out of 1738 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, New Asia Construction & Development has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Asia Construction & Development's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, New Asia Construction & Development ranks #410 out of 1738 companies for ROE %. This places New Asia Construction & Development in the top 24% of its industry — outperforming the majority of peers. The industry median ROE % is 6.72. New Asia Construction & Development's value of 29.97% is 346.3% above this benchmark. While the company's 10-year median is 2.12 vs. the industry median of 6.72, New Asia Construction & Development 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 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. New Asia Construction & Development's current ROE % of 29.97% is 346.3% 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 New Asia Construction & Development 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. New Asia Construction & Development's current ROE % is 29.97%, which is 1314% above median its own 10-year median of 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Asia Construction & Development stock overvalued right now?
Based on GuruFocus' analysis, New Asia Construction & Development (TPE:2516) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.85, compared to a current price of NT$13.70 — trading 13.6% below its estimated fair value. The current ROE % is 29.97%, which is 1314% above median its 10-year median of 2.12 and 346.3% above the Construction industry median of 6.72. New Asia Construction & Development's overall GF Score™ is 79/100 with 2 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 New Asia Construction & Development (TPE:2516), the current ROE % is 29.97% 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 New Asia Construction & Development (TPE:2516) Overvalued in 2026?
Based on GuruFocus' analysis, New Asia Construction & Development stock appears to be undervalued.
The current stock price of NT$13.70 is trading 13.6% below its estimated GF Value™ of NT$15.85.
GuruFocus considers New Asia Construction & Development to be Modestly Undervalued.
Key valuation signals for TPE:2516:
ROE %: 29.97% (1314% above median its 10-year median of 2.12)
GF Value™: NT$15.85 vs. price of NT$13.70 (13.6% below fair value)
Industry Position: 346.3% above the Construction median (#410 of 1738)
No single metric tells the full story. See the TPE:2516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Asia Construction & Development Business Description
New Asia Construction & Development Corp and its subsidiaries are engaged in the construction of heavy equipment needed for civil engineering, development business related to land and community, construction, leasing or selling of public housing and office building, repairment, leasing and selling of heavy equipment, manufacturing and selling of ready mixed concrete and asphalt concrete, and investment. The Group operates in the construction segment, which is engaged in the construction of residential and commercial buildings and civil engineering contracts. The company operates in Taiwan and Asia, and the maximum revenue is generated from Taiwan.
79GF Score
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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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