Mega Union Technology (TPE:6944) ROE %: 39.96% (As of Dec. 2025) — 32% Above Median


TPE:6944 Mega Union Technology Inc TPE:6944
71 GF Score
Price NT$998.00
GF Value NT$688.78
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Mega Union Technology ROE %?

Mega Union Technology TPE:6944 71 ROE % is 39.96% as of Dec. 2025, which is 32% above its 10-year median of 30.32. GuruFocus rates TPE:6944 with a GF Score™ of 71/100 and a GF Value™ of NT$688.78 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,000 Industrial Products companies, Mega Union Technology ranks better than 97.73% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mega Union Technology's annualized net income for the quarter that ended in Dec. 2025 was NT$3,034 Mil. Mega Union Technology's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$7,594 Mil. Therefore, Mega Union Technology's annualized ROE % for the quarter that ended in Dec. 2025 was 39.96%.

The historical rank and industry rank for Mega Union Technology's ROE % or its related term are showing as below:

TPE:6944' s ROE % Range Over the Past 10 Years
Min: -5.41   Med: 30.32   Max: 38.49
Current: 38.24

During the past 6 years, Mega Union Technology's highest ROE % was 38.49%. The lowest was -5.41%. And the median was 30.32%.

TPE:6944's ROE % is ranked better than
97.73% of 3000 companies
in the Industrial Products industry
Industry Median: 5.85 vs TPE:6944: 38.24

Mega Union Technology  (TPE:6944) 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
=3034.276/7594.162
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3034.276 / 21422.604)*(21422.604 / 14556.2005)*(14556.2005 / 7594.162)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.16 %*1.4717*1.9168
=ROA %*Equity Multiplier
=20.84 %*1.9168
=39.96 %

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
=3034.276/7594.162
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3034.276 / 4022.256) * (4022.256 / 3984.496) * (3984.496 / 21422.604) * (21422.604 / 14556.2005) * (14556.2005 / 7594.162)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7544 * 1.0095 * 18.6 % * 1.4717 * 1.9168
=39.96 %

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.


Mega Union Technology ROE % Related Terms


Mega Union Technology ROE % Historical Data

* Premium members only.

The historical data trend for Mega Union Technology'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.

Mega Union Technology ROE % Chart

Mega Union Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 22.53 23.31 37.33 38.49 37.95

Mega Union Technology Quarterly Data
Dec20 Dec21 Dec22 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 46.01 35.76 35.99 40.16 39.96

TPE:6944 vs VLTO, ZWS, CECO: ROE % Comparison

For the Pollution & Treatment Controls subindustry, Mega Union Technology'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.


Mega Union Technology ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mega Union Technology's ROE % distribution charts can be found below:

* The bar in red indicates where Mega Union Technology's ROE % falls into.


TPE:6944
71GF Score
Mega Union Technology Inc TPE:6944
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mega Union Technology ROE % Calculation

Mega Union Technology'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 )
=2371.525/( (4470.156+8026.4)/ 2 )
=2371.525/6248.278
=37.95 %

Mega Union Technology'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 )
=3034.276/( (7161.924+8026.4)/ 2 )
=3034.276/7594.162
=39.96 %

* 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 39.96% mean?
Mega Union Technology (TPE:6944) has a ROE % of 39.96% 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 Mega Union Technology and its competitors. This is 32% above median its historical median of 30.32. According to the industry distribution chart, Mega Union Technology ranks #68 out of 3000 companies in the Industrial Products industry, placing it in the top 2.3%.
Is Mega Union Technology's ROE % too high?
Mega Union Technology's current ROE % of 39.96% is 32% above median its 10-year median of 30.32. The Industrial Products industry median ROE % is 5.85. Mega Union Technology's value of 39.96% is 583.1% above this industry median. Based on the distribution chart, Mega Union Technology ranks #68 out of 3000 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mega Union Technology has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mega Union Technology's ROE % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Mega Union Technology ranks #68 out of 3000 companies for ROE %. This places Mega Union Technology in the top 2% of its industry — outperforming the majority of peers. The industry median ROE % is 5.85. Mega Union Technology's value of 39.96% is 583.1% above this benchmark. While the company's 10-year median is 30.32 vs. the industry median of 5.85, Mega Union Technology 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,000 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. Mega Union Technology's current ROE % of 39.96% is 583.1% 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 Mega Union Technology and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Union Technology's current ROE % is 39.96%, which is 32% above median its own 10-year median of 30.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Union Technology stock overvalued right now?
Based on GuruFocus' analysis, Mega Union Technology (TPE:6944) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$688.78, compared to a current price of NT$998.00 — trading 44.9% above its estimated fair value. The current ROE % is 39.96%, which is 32% above median its 10-year median of 30.32 and 583.1% above the Industrial Products industry median of 5.85. Mega Union Technology's overall GF Score™ is 71/100 with 4 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 Mega Union Technology (TPE:6944), the current ROE % is 39.96% 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 Mega Union Technology (TPE:6944) Overvalued in 2026?

Based on GuruFocus' analysis, Mega Union Technology stock appears to be overvalued. The current stock price of NT$998.00 is trading 44.9% above its estimated GF Value™ of NT$688.78. GuruFocus considers Mega Union Technology to be Significantly Overvalued.

Key valuation signals for TPE:6944:

  • ROE %: 39.96% (32% above median its 10-year median of 30.32)
  • GF Value™: NT$688.78 vs. price of NT$998.00 (44.9% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 583.1% above the Industrial Products median (#68 of 3000)

No single metric tells the full story. See the TPE:6944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mega Union Technology Business Description

Address No.439, Taoying Road, 1st Floor, Taoyuan District, Taoyuan City, TWN
Mega Union Technology Inc is engaged in the planning, design, and installation of ultrapure water and wastewater recycling systems. It focuses on water recovery and recycling, prolonging the cycle life of water, and reducing the depletion of water resources. It offers Seawater desalination/general industrial water/ultrapure water production systems; Wastewater Treatment Systems / Recycled Water Treatment Systems; and Chemical Recycling Manufacturing Systems. The company's operating segments include the Construction segment and Other segments.
71GF Score

Get the complete analysis for TPE:6944

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

NT$998.00
Price
NT$688.78
GF Value