Sunny Friend Environmental Technology Co (TPE:8341) ROE %: 8.87% (As of Dec. 2025) — 69% Below Median


TPE:8341 Sunny Friend Environmental Technology Co TPE:8341
79 GF Score
Price NT$77.10
GF Value NT$112.40
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Sunny Friend Environmental Technology Co ROE %?

Sunny Friend Environmental Technology Co TPE:8341 +1.98% 79 ROE % is 8.87% as of Dec. 2025, which is 69% below its 10-year median of 28.30. GuruFocus rates TPE:8341 with a GF Score™ of 79/100 and a GF Value™ of NT$112.40 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 232 Waste Management companies, Sunny Friend Environmental Technology Co ranks better than 75.86% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sunny Friend Environmental Technology Co's annualized net income for the quarter that ended in Dec. 2025 was NT$458 Mil. Sunny Friend Environmental Technology Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$5,166 Mil. Therefore, Sunny Friend Environmental Technology Co's annualized ROE % for the quarter that ended in Dec. 2025 was 8.87%.

The historical rank and industry rank for Sunny Friend Environmental Technology Co's ROE % or its related term are showing as below:

TPE:8341' s ROE % Range Over the Past 10 Years
Min: 9.37   Med: 28.3   Max: 33.76
Current: 11.55

During the past 13 years, Sunny Friend Environmental Technology Co's highest ROE % was 33.76%. The lowest was 9.37%. And the median was 28.30%.

TPE:8341's ROE % is ranked better than
75.86% of 232 companies
in the Waste Management industry
Industry Median: 4.565 vs TPE:8341: 11.55

Sunny Friend Environmental Technology Co  (TPE:8341) 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
=458.316/5166.128
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(458.316 / 4166.604)*(4166.604 / 9951.564)*(9951.564 / 5166.128)
=Net Margin %*Asset Turnover*Equity Multiplier
=11 %*0.4187*1.9263
=ROA %*Equity Multiplier
=4.61 %*1.9263
=8.87 %

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
=458.316/5166.128
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (458.316 / 755.532) * (755.532 / 957.184) * (957.184 / 4166.604) * (4166.604 / 9951.564) * (9951.564 / 5166.128)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6066 * 0.7893 * 22.97 % * 0.4187 * 1.9263
=8.87 %

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.


Sunny Friend Environmental Technology Co ROE % Related Terms


Sunny Friend Environmental Technology Co ROE % Historical Data

* Premium members only.

The historical data trend for Sunny Friend Environmental Technology 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.

Sunny Friend Environmental Technology Co ROE % Chart

Sunny Friend Environmental Technology Co 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 29.72 26.95 9.95 9.37 11.04

Sunny Friend Environmental Technology Co 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 10.10 13.14 9.98 14.84 8.87

TPE:8341 vs WM, RSG, WCN: ROE % Comparison

For the Waste Management subindustry, Sunny Friend Environmental Technology 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.


Sunny Friend Environmental Technology Co ROE % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Sunny Friend Environmental Technology Co's ROE % distribution charts can be found below:

* The bar in red indicates where Sunny Friend Environmental Technology Co's ROE % falls into.


TPE:8341
79GF Score
Sunny Friend Environmental Technology Co TPE:8341
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sunny Friend Environmental Technology Co ROE % Calculation

Sunny Friend Environmental Technology 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 )
=582.865/( (5243.934+5317.431)/ 2 )
=582.865/5280.6825
=11.04 %

Sunny Friend Environmental Technology 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 )
=458.316/( (5014.825+5317.431)/ 2 )
=458.316/5166.128
=8.87 %

* 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 8.87% mean?
Sunny Friend Environmental Technology Co (TPE:8341) has a ROE % of 8.87% 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 Sunny Friend Environmental Technology Co and its competitors. This is 69% below median its historical median of 28.30. Over the past decade, Sunny Friend Environmental Technology Co's ROE % has ranged from 9.37 to 33.76. According to the industry distribution chart, Sunny Friend Environmental Technology Co ranks #56 out of 232 companies in the Waste Management industry, placing it in the top 24.1%.
Is Sunny Friend Environmental Technology Co's ROE % too high?
Sunny Friend Environmental Technology Co's current ROE % of 8.87% is 69% below median its 10-year median of 28.30. Over the past 10 years, this metric has ranged from a low of 9.37 to a high of 33.76. The Waste Management industry median ROE % is 4.57. Sunny Friend Environmental Technology Co's value of 8.87% is 94.3% above this industry median. Based on the distribution chart, Sunny Friend Environmental Technology Co ranks #56 out of 232 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Sunny Friend Environmental Technology Co has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sunny Friend Environmental Technology Co's ROE % compare to WM and RSG?
According to the Waste Management industry distribution chart, Sunny Friend Environmental Technology Co ranks #56 out of 232 companies for ROE %. This places Sunny Friend Environmental Technology Co in the top 24% of its industry — outperforming the majority of peers. The industry median ROE % is 4.57. Sunny Friend Environmental Technology Co's value of 8.87% is 94.3% above this benchmark. Historically, Sunny Friend Environmental Technology Co's own ROE % has ranged from 9.37 to 33.76 over the past decade. While the company's 10-year median is 28.30 vs. the industry median of 4.57, Sunny Friend Environmental Technology 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 Waste Management company?
The median ROE % among Waste Management companies is 4.57, based on 232 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. Sunny Friend Environmental Technology Co's current ROE % of 8.87% is 94.3% 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 Sunny Friend Environmental Technology Co and its competitors. For the Waste Management industry, the median ROE % is 4.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunny Friend Environmental Technology Co's current ROE % is 8.87%, which is 69% below median its own 10-year median of 28.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunny Friend Environmental Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sunny Friend Environmental Technology Co (TPE:8341) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$112.40, compared to a current price of NT$77.10 — trading 31.4% below its estimated fair value. The current ROE % is 8.87%, which is 69% below median its 10-year median of 28.30 and 94.3% above the Waste Management industry median of 4.57. Sunny Friend Environmental Technology Co's overall GF Score™ is 79/100 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 Sunny Friend Environmental Technology Co (TPE:8341), the current ROE % is 8.87% 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 Sunny Friend Environmental Technology Co (TPE:8341) Overvalued in 2026?

Based on GuruFocus' analysis, Sunny Friend Environmental Technology Co stock appears to be undervalued. The current stock price of NT$77.10 is trading 31.4% below its estimated GF Value™ of NT$112.40. GuruFocus considers Sunny Friend Environmental Technology Co to be Significantly Undervalued.

Key valuation signals for TPE:8341:

  • ROE %: 8.87% (69% below median its 10-year median of 28.30)
  • GF Value™: NT$112.40 vs. price of NT$77.10 (31.4% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 94.3% above the Waste Management median (#56 of 232)

No single metric tells the full story. See the TPE:8341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sunny Friend Environmental Technology Co Business Description

Address No.1-20, Yuan Dong Road, Yuanchang Township, Yunlin County, TWN, 655
Sunny Friend Environmental Technology Co operates medical waste treatment plants. It uses technology to handle various types of hazardous waste and collects, incinerates, solidifies, and develops solutions to streamline disposal. Various subsidiaries are in Asia to provide services to medical institutions, dispose of batteries, and offer waste treatment and engineering consultations. The company works to recover materials from waste, recycle resources, and conduct environmental tests to discover solutions. Removal vehicles improve communication with customers and are fully equipped to monitor and transmit all cleaning and incineration records back to Sunny Friend's data centers. It generates the majority of its revenue from waste disposal.
79GF Score

Get the complete analysis for TPE:8341

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

NT$77.10
Price
NT$112.40
GF Value