President Chain Store (TPE:2912) ROE %: 22.54% (As of Dec. 2025) — 21% Below Median


TPE:2912 President Chain Store Corp TPE:2912
89 GF Score
Price NT$223.00
GF Value NT$305.25
Valuation Modestly Undervalued
! 5 Warning Signs
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What is President Chain Store ROE %?

President Chain Store TPE:2912 -1.33% 89 ROE % is 22.54% as of Dec. 2025, which is 21% below its 10-year median of 28.46. GuruFocus rates TPE:2912 with a GF Score™ of 89/100 and a GF Value™ of NT$305.25 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 306 Retail - Defensive companies, President Chain Store ranks better than 90.52% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. President Chain Store's annualized net income for the quarter that ended in Dec. 2025 was NT$9,236 Mil. President Chain Store's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$40,981 Mil. Therefore, President Chain Store's annualized ROE % for the quarter that ended in Dec. 2025 was 22.54%.

The historical rank and industry rank for President Chain Store's ROE % or its related term are showing as below:

TPE:2912' s ROE % Range Over the Past 10 Years
Min: 23.77   Med: 28.46   Max: 78.3
Current: 27.33

During the past 13 years, President Chain Store's highest ROE % was 78.30%. The lowest was 23.77%. And the median was 28.46%.

TPE:2912's ROE % is ranked better than
90.52% of 306 companies
in the Retail - Defensive industry
Industry Median: 8.53 vs TPE:2912: 27.33

President Chain Store  (TPE:2912) 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
=9236.324/40981.1205
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9236.324 / 359138.252)*(359138.252 / 288872.953)*(288872.953 / 40981.1205)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.57 %*1.2432*7.0489
=ROA %*Equity Multiplier
=3.2 %*7.0489
=22.54 %

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
=9236.324/40981.1205
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (9236.324 / 14569.256) * (14569.256 / 10602.612) * (10602.612 / 359138.252) * (359138.252 / 288872.953) * (288872.953 / 40981.1205)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.634 * 1.3741 * 2.95 % * 1.2432 * 7.0489
=22.54 %

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.


President Chain Store ROE % Related Terms


President Chain Store ROE % Historical Data

* Premium members only.

The historical data trend for President Chain Store'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.

President Chain Store ROE % Chart

President Chain Store 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 25.25 26.29 28.57 28.80 26.43

President Chain Store 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 22.21 26.36 30.09 31.74 22.54

TPE:2912 vs KR, SFM, ACI: ROE % Comparison

For the Grocery Stores subindustry, President Chain Store'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.


President Chain Store ROE % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, President Chain Store's ROE % distribution charts can be found below:

* The bar in red indicates where President Chain Store's ROE % falls into.


TPE:2912
89GF Score
President Chain Store Corp TPE:2912
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

President Chain Store ROE % Calculation

President Chain Store'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 )
=11210.454/( (42277.693+42561.437)/ 2 )
=11210.454/42419.565
=26.43 %

President Chain Store'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 )
=9236.324/( (39400.804+42561.437)/ 2 )
=9236.324/40981.1205
=22.54 %

* 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 22.54% mean?
President Chain Store (TPE:2912) has a ROE % of 22.54% 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 President Chain Store and its competitors. This is 21% below median its historical median of 28.46. Over the past decade, President Chain Store's ROE % has ranged from 23.77 to 78.30. According to the industry distribution chart, President Chain Store ranks #29 out of 306 companies in the Retail - Defensive industry, placing it in the top 9.5%.
Is President Chain Store's ROE % too high?
President Chain Store's current ROE % of 22.54% is 21% below median its 10-year median of 28.46. Over the past 10 years, this metric has ranged from a low of 23.77 to a high of 78.30. The Retail - Defensive industry median ROE % is 8.53. President Chain Store's value of 22.54% is 164.2% above this industry median. Based on the distribution chart, President Chain Store ranks #29 out of 306 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, President Chain Store has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does President Chain Store's ROE % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, President Chain Store ranks #29 out of 306 companies for ROE %. This places President Chain Store in the top 10% of its industry — outperforming the majority of peers. The industry median ROE % is 8.53. President Chain Store's value of 22.54% is 164.2% above this benchmark. Historically, President Chain Store's own ROE % has ranged from 23.77 to 78.30 over the past decade. While the company's 10-year median is 28.46 vs. the industry median of 8.53, President Chain Store 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 Retail - Defensive company?
The median ROE % among Retail - Defensive companies is 8.53, based on 306 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. President Chain Store's current ROE % of 22.54% is 164.2% 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 President Chain Store and its competitors. For the Retail - Defensive industry, the median ROE % is 8.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. President Chain Store's current ROE % is 22.54%, which is 21% below median its own 10-year median of 28.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is President Chain Store stock overvalued right now?
Based on GuruFocus' analysis, President Chain Store (TPE:2912) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$305.25, compared to a current price of NT$223.00 — trading 26.9% below its estimated fair value. The current ROE % is 22.54%, which is 21% below median its 10-year median of 28.46 and 164.2% above the Retail - Defensive industry median of 8.53. President Chain Store's overall GF Score™ is 89/100 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 President Chain Store (TPE:2912), the current ROE % is 22.54% 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 President Chain Store (TPE:2912) Overvalued in 2026?

Based on GuruFocus' analysis, President Chain Store stock appears to be undervalued. The current stock price of NT$223.00 is trading 26.9% below its estimated GF Value™ of NT$305.25. GuruFocus considers President Chain Store to be Modestly Undervalued.

Key valuation signals for TPE:2912:

  • ROE %: 22.54% (21% below median its 10-year median of 28.46)
  • GF Value™: NT$305.25 vs. price of NT$223.00 (26.9% below fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 164.2% above the Retail - Defensive median (#29 of 306)

No single metric tells the full story. See the TPE:2912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


President Chain Store Business Description

Address 65 Tung Hsing Road, 2nd Floor, Taipei, TWN, 105
President Chain Store Corporation, along with its subsidiaries, is engaged in managing convenience stores, restaurants, drugstores, department stores, supermarkets, and online shopping stores under different brands. Its offerings include food, beverages, coffee, daily commodities, cosmetics and health care products. The group operates in Taiwan, Mainland China, the Philippines, and Japan. Its reportable segments are Convenience stores, Retail business group, Logistics business group, and Others. The majority of the company's revenue is derived from the Convenience Stores segment. Geographically, the company derives the maximum revenue from Taiwan, followed by other regions.
89GF Score

Get the complete analysis for TPE:2912

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

NT$223.00
Price
NT$305.25
GF Value