Horizon Fixture Group Co (TPE:6957) ROE %: 43.11% (As of Dec. 2025) — 33% Above Median


TPE:6957 Horizon Fixture Group Co Ltd TPE:6957
23 GF Score
Price NT$207.00
! 4 Warning Signs
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What is Horizon Fixture Group Co ROE %?

Horizon Fixture Group Co TPE:6957 -2.36% 23 ROE % is 43.11% as of Dec. 2025, which is 33% above its 10-year median of 32.43. GuruFocus rates TPE:6957 with a GF Score™ of 23/100. The stock has 4 warning signs investors should review. Among 424 Furnishings, Fixtures & Appliances companies, Horizon Fixture Group Co ranks better than 93.4% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Horizon Fixture Group Co's annualized net income for the quarter that ended in Dec. 2025 was NT$1,049 Mil. Horizon Fixture Group Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$2,433 Mil. Therefore, Horizon Fixture Group Co's annualized ROE % for the quarter that ended in Dec. 2025 was 43.11%.

The historical rank and industry rank for Horizon Fixture Group Co's ROE % or its related term are showing as below:

TPE:6957' s ROE % Range Over the Past 10 Years
Min: 20.15   Med: 32.43   Max: 61.1
Current: 23.28

During the past 5 years, Horizon Fixture Group Co's highest ROE % was 61.10%. The lowest was 20.15%. And the median was 32.43%.

TPE:6957's ROE % is ranked better than
93.4% of 424 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.505 vs TPE:6957: 23.28

Horizon Fixture Group Co  (TPE:6957) 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
=1048.928/2433.3995
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1048.928 / 4600.928)*(4600.928 / 4642.239)*(4642.239 / 2433.3995)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.8 %*0.9911*1.9077
=ROA %*Equity Multiplier
=22.6 %*1.9077
=43.11 %

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
=1048.928/2433.3995
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1048.928 / 1319.732) * (1319.732 / 1243.248) * (1243.248 / 4600.928) * (4600.928 / 4642.239) * (4642.239 / 2433.3995)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7948 * 1.0615 * 27.02 % * 0.9911 * 1.9077
=43.11 %

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.


Horizon Fixture Group Co ROE % Related Terms


Horizon Fixture Group Co ROE % Historical Data

* Premium members only.

The historical data trend for Horizon Fixture Group 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.

Horizon Fixture Group Co ROE % Chart

Horizon Fixture Group Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
30.00 56.89 61.10 32.43 20.15

Horizon Fixture Group Co Quarterly Data
Dec21 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 48.04 9.78 7.06 37.76 43.11

TPE:6957 vs SN, SGI, MHK: ROE % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Horizon Fixture Group 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.


Horizon Fixture Group Co ROE % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Horizon Fixture Group Co's ROE % distribution charts can be found below:

* The bar in red indicates where Horizon Fixture Group Co's ROE % falls into.


TPE:6957
23GF Score
Horizon Fixture Group Co Ltd TPE:6957
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Horizon Fixture Group Co ROE % Calculation

Horizon Fixture Group Co'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 )
=560.608/( (2922.636+2640.863)/ 2 )
=560.608/2781.7495
=20.15 %

Horizon Fixture Group Co'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 )
=1048.928/( (2225.936+2640.863)/ 2 )
=1048.928/2433.3995
=43.11 %

* 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 43.11% mean?
Horizon Fixture Group Co (TPE:6957) has a ROE % of 43.11% 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 Horizon Fixture Group Co and its competitors. This is 33% above median its historical median of 32.43. Over the past decade, Horizon Fixture Group Co's ROE % has ranged from 20.15 to 61.10. According to the industry distribution chart, Horizon Fixture Group Co ranks #28 out of 424 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 6.6%.
Is Horizon Fixture Group Co's ROE % too high?
Horizon Fixture Group Co's current ROE % of 43.11% is 33% above median its 10-year median of 32.43. Over the past 10 years, this metric has ranged from a low of 20.15 to a high of 61.10. The Furnishings, Fixtures & Appliances industry median ROE % is 4.51. Horizon Fixture Group Co's value of 43.11% is 856.9% above this industry median. Based on the distribution chart, Horizon Fixture Group Co ranks #28 out of 424 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Horizon Fixture Group Co has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Fixture Group Co's ROE % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Horizon Fixture Group Co ranks #28 out of 424 companies for ROE %. This places Horizon Fixture Group Co in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 4.51. Horizon Fixture Group Co's value of 43.11% is 856.9% above this benchmark. Historically, Horizon Fixture Group Co's own ROE % has ranged from 20.15 to 61.10 over the past decade. While the company's 10-year median is 32.43 vs. the industry median of 4.51, Horizon Fixture Group Co 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 Furnishings, Fixtures & Appliances company?
The median ROE % among Furnishings, Fixtures & Appliances companies is 4.51, based on 424 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. Horizon Fixture Group Co's current ROE % of 43.11% is 856.9% 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 Horizon Fixture Group Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROE % is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Fixture Group Co's current ROE % is 43.11%, which is 33% above median its own 10-year median of 32.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Fixture Group Co stock overvalued right now?
Horizon Fixture Group Co (TPE:6957) has a current ROE % of 43.11%. The current ROE % is 43.11%, which is 33% above median its 10-year median of 32.43 and 856.9% above the Furnishings, Fixtures & Appliances industry median of 4.51. Horizon Fixture Group Co's overall GF Score™ is 23/100 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 Horizon Fixture Group Co (TPE:6957), the current ROE % is 43.11% 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.

Horizon Fixture Group Co Business Description

Address No. 122, Chenggong 3rd Road, Nantou County, Nantou, TWN, 540028
Horizon Fixture Group Co Ltd is engaged in the design, manufacturing, and sale of retail store display fixtures and related products. The group provides customized in-store display solutions, including shelving systems, kiosks, modular stands, and other display fixtures, along with installation and delivery services. Its operations include iron and wood manufacturing and related logistics services.
23GF Score

Get the complete analysis for TPE:6957

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

NT$207.00
Price