Nien Made Enterprise CoTPE:8464 -1.41%94 ROE % is 27.41% as of Dec. 2025, which is 12% below its 10-year median of 31.13. GuruFocus rates TPE:8464 with a GF Score™ of 94/100 and a GF Value™ of NT$407.40 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 428 Furnishings, Fixtures & Appliances companies, Nien Made Enterprise Co ranks better than 94.39% on this metric.
The historical rank and industry rank for Nien Made Enterprise Co's ROE % or its related term are showing as below:
TPE:8464'
s ROE % Range Over the Past 10 Years
Min: 22.91 Med: 31.13 Max: 34.26
Current: 24.36
During the past 13 years, Nien Made Enterprise Co's highest ROE % was 34.26%. The lowest was 22.91%. And the median was 31.13%.
TPE:8464's ROE % is ranked better than 94.39% of 428
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.6
vs TPE:8464: 24.36
Nien Made Enterprise Co (TPE:8464) 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:
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.
* 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 Furnishings, Fixtures & Appliances subindustry, Nien Made Enterprise 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.
Nien Made Enterprise Co ROE % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nien Made Enterprise Co's ROE % distribution charts can be found below:
* The bar in red indicates where Nien Made Enterprise Co'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.
Nien Made Enterprise Co (TPE:8464) has a ROE % of 27.41% 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 Nien Made Enterprise Co and its competitors. This is 12% below median its historical median of 31.13. Over the past decade, Nien Made Enterprise Co's ROE % has ranged from 22.91 to 34.26. According to the industry distribution chart, Nien Made Enterprise Co ranks #24 out of 428 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 5.6%.
Is Nien Made Enterprise Co's ROE % too high?
Nien Made Enterprise Co's current ROE % of 27.41% is 12% below median its 10-year median of 31.13. Over the past 10 years, this metric has ranged from a low of 22.91 to a high of 34.26. The Furnishings, Fixtures & Appliances industry median ROE % is 4.60. Nien Made Enterprise Co's value of 27.41% is 495.9% above this industry median. Based on the distribution chart, Nien Made Enterprise Co ranks #24 out of 428 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Nien Made Enterprise Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nien Made Enterprise Co's ROE % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Nien Made Enterprise Co ranks #24 out of 428 companies for ROE %. This places Nien Made Enterprise Co in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 4.60. Nien Made Enterprise Co's value of 27.41% is 495.9% above this benchmark. Historically, Nien Made Enterprise Co's own ROE % has ranged from 22.91 to 34.26 over the past decade. While the company's 10-year median is 31.13 vs. the industry median of 4.60, Nien Made Enterprise 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 4.60, based on 428 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. Nien Made Enterprise Co's current ROE % of 27.41% is 495.9% 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 Nien Made Enterprise Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROE % is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nien Made Enterprise Co's current ROE % is 27.41%, which is 12% below median its own 10-year median of 31.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nien Made Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Nien Made Enterprise Co (TPE:8464) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$407.40, compared to a current price of NT$350.50 — trading 14% below its estimated fair value. The current ROE % is 27.41%, which is 12% below median its 10-year median of 31.13 and 495.9% above the Furnishings, Fixtures & Appliances industry median of 4.60. Nien Made Enterprise Co's overall GF Score™ is 94/100 with 1 warning sign 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 Nien Made Enterprise Co (TPE:8464), the current ROE % is 27.41% 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 Nien Made Enterprise Co (TPE:8464) Overvalued in 2026?
Based on GuruFocus' analysis, Nien Made Enterprise Co stock appears to be undervalued.
The current stock price of NT$350.50 is trading 14% below its estimated GF Value™ of NT$407.40.
GuruFocus considers Nien Made Enterprise Co to be Modestly Undervalued.
Key valuation signals for TPE:8464:
ROE %: 27.41% (12% below median its 10-year median of 31.13)
GF Value™: NT$407.40 vs. price of NT$350.50 (14% below fair value)
Industry Position: 495.9% above the Furnishings, Fixtures & Appliances median (#24 of 428)
No single metric tells the full story. See the TPE:8464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nien Made Enterprise Co Ltd is a Taiwan-based company principally engaged in the business of home furnishings. The company manufactures and distributes curtains and window blinds. The product range consists of interior and exterior shutters, faux wood blinds, vinyl blinds, wood blinds, roll-up shades, and cellular shades. The company operates in two reportable segments that are Window coverings and other, out of which the majority of revenue is generated by sales of Window coverings. Geographically, the company generates a majority of its revenue from America and the rest from Europe and other regions.
94GF Score
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