TST Group HoldingTPE:4439 +0.22%78 ROE % is 0.11% as of Dec. 2025, which is 99% below its 10-year median of 16.76. GuruFocus rates TPE:4439 with a GF Score™ of 78/100 and a GF Value™ of NT$112.46 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,022 Manufacturing - Apparel & Accessories companies, TST Group Holding ranks better than 71.04% on this metric.
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.
TST Group Holding ROE % Related Terms
TST Group Holding ROE % Historical Data
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The historical data trend for TST Group Holding'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 Textile Manufacturing subindustry, TST Group Holding'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.
TST Group Holding ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TST Group Holding's ROE % distribution charts can be found below:
* The bar in red indicates where TST Group Holding'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.
TST Group Holding (TPE:4439) has a ROE % of 0.11% 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 TST Group Holding and its competitors. This is 99% below median its historical median of 16.76. Over the past decade, TST Group Holding's ROE % has ranged from 2.05 to 31.74. According to the industry distribution chart, TST Group Holding ranks #296 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 29%.
Is TST Group Holding's ROE % too high?
TST Group Holding's current ROE % of 0.11% is 99% below median its 10-year median of 16.76. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 31.74. The Manufacturing - Apparel & Accessories industry median ROE % is 4.09. TST Group Holding's value of 0.11% is 97.3% below this industry median. Based on the distribution chart, TST Group Holding ranks #296 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, TST Group Holding has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TST Group Holding's ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TST Group Holding ranks #296 out of 1022 companies for ROE %. This puts TST Group Holding in the upper half of its industry. The industry median ROE % is 4.09. TST Group Holding's value of 0.11% is 97.3% below this benchmark. Historically, TST Group Holding's own ROE % has ranged from 2.05 to 31.74 over the past decade. While the company's 10-year median is 16.76 vs. the industry median of 4.09, TST Group Holding 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.09, based on 1,022 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. TST Group Holding's current ROE % of 0.11% is 97.3% 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 TST Group Holding and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TST Group Holding's current ROE % is 0.11%, which is 99% below median its own 10-year median of 16.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TST Group Holding stock overvalued right now?
Based on GuruFocus' analysis, TST Group Holding (TPE:4439) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$112.46, compared to a current price of NT$91.40 — trading 18.7% below its estimated fair value. The current ROE % is 0.11%, which is 99% below median its 10-year median of 16.76 and 97.3% below the Manufacturing - Apparel & Accessories industry median of 4.09. TST Group Holding's overall GF Score™ is 78/100 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 TST Group Holding (TPE:4439), the current ROE % is 0.11% 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 TST Group Holding (TPE:4439) Overvalued in 2026?
Based on GuruFocus' analysis, TST Group Holding stock appears to be undervalued.
The current stock price of NT$91.40 is trading 18.7% below its estimated GF Value™ of NT$112.46.
GuruFocus considers TST Group Holding to be Modestly Undervalued.
Key valuation signals for TPE:4439:
ROE %: 0.11% (99% below median its 10-year median of 16.76)
GF Value™: NT$112.46 vs. price of NT$91.40 (18.7% below fair value)
Industry Position: 97.3% below the Manufacturing - Apparel & Accessories median (#296 of 1022)
No single metric tells the full story. See the TPE:4439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TST Group Holding Ltd is engaged in manufacturing, and trading of cotton fabric in the textile industry. The company's products are raw materials such as greige and colored fabrics for the midstream and upstream of the textile industry. The company's geographical segment includes Taiwan, China, Korea, Singapore, Hong Kong, Cambodia, Vietnam, Thailand, and others. The company derives a majority of its revenue from Taiwan.
78GF Score
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