Taiwan CogenerationTPE:8926 -2.43%75 ROE % is 10.98% as of Dec. 2025, which is 29% above its 10-year median of 8.51. GuruFocus rates TPE:8926 with a GF Score™ of 75/100 and a GF Value™ of NT$43.28 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,743 Construction companies, Taiwan Cogeneration ranks better than 67.81% on this metric.
The historical rank and industry rank for Taiwan Cogeneration's ROE % or its related term are showing as below:
TPE:8926'
s ROE % Range Over the Past 10 Years
Min: 5.7 Med: 8.51 Max: 11.56
Current: 11.56
During the past 13 years, Taiwan Cogeneration's highest ROE % was 11.56%. The lowest was 5.70%. And the median was 8.51%.
TPE:8926's ROE % is ranked better than 67.81% of 1743
companies
in the Construction industry
Industry Median: 6.69
vs TPE:8926: 11.56
Taiwan Cogeneration (TPE:8926) 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.
Taiwan Cogeneration ROE % Related Terms
Taiwan Cogeneration ROE % Historical Data
* Premium members only.
The historical data trend for Taiwan Cogeneration'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 Engineering & Construction subindustry, Taiwan Cogeneration'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.
Taiwan Cogeneration ROE % vs Construction Industry
For the Construction industry and Industrials sector, Taiwan Cogeneration's ROE % distribution charts can be found below:
* The bar in red indicates where Taiwan Cogeneration'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.
Taiwan Cogeneration (TPE:8926) has a ROE % of 10.98% 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 Taiwan Cogeneration and its competitors. This is 29% above median its historical median of 8.51. Over the past decade, Taiwan Cogeneration's ROE % has ranged from 5.70 to 11.56. According to the industry distribution chart, Taiwan Cogeneration ranks #561 out of 1743 companies in the Construction industry, placing it in the top 32.2%.
Is Taiwan Cogeneration's ROE % too high?
Taiwan Cogeneration's current ROE % of 10.98% is 29% above median its 10-year median of 8.51. Over the past 10 years, this metric has ranged from a low of 5.70 to a high of 11.56. The Construction industry median ROE % is 6.69. Taiwan Cogeneration's value of 10.98% is 64.1% above this industry median. Based on the distribution chart, Taiwan Cogeneration ranks #561 out of 1743 companies in the Construction industry, which is above the industry midpoint. Overall, Taiwan Cogeneration has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Cogeneration's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Taiwan Cogeneration ranks #561 out of 1743 companies for ROE %. This puts Taiwan Cogeneration in the upper half of its industry. The industry median ROE % is 6.69. Taiwan Cogeneration's value of 10.98% is 64.1% above this benchmark. Historically, Taiwan Cogeneration's own ROE % has ranged from 5.70 to 11.56 over the past decade. While the company's 10-year median is 8.51 vs. the industry median of 6.69, Taiwan Cogeneration 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 Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 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. Taiwan Cogeneration's current ROE % of 10.98% is 64.1% 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 Taiwan Cogeneration and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Cogeneration's current ROE % is 10.98%, which is 29% above median its own 10-year median of 8.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Cogeneration stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Cogeneration (TPE:8926) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$43.28, compared to a current price of NT$76.20 — trading 76.1% above its estimated fair value. The current ROE % is 10.98%, which is 29% above median its 10-year median of 8.51 and 64.1% above the Construction industry median of 6.69. Taiwan Cogeneration's overall GF Score™ is 75/100 with 12 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 Taiwan Cogeneration (TPE:8926), the current ROE % is 10.98% 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 Taiwan Cogeneration (TPE:8926) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Cogeneration stock appears to be overvalued.
The current stock price of NT$76.20 is trading 76.1% above its estimated GF Value™ of NT$43.28.
GuruFocus considers Taiwan Cogeneration to be Significantly Overvalued.
Key valuation signals for TPE:8926:
ROE %: 10.98% (29% above median its 10-year median of 8.51)
GF Value™: NT$43.28 vs. price of NT$76.20 (76.1% above fair value)
Industry Position: 64.1% above the Construction median (#561 of 1743)
No single metric tells the full story. See the TPE:8926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Cogeneration Corp is engaged in engineering, planning, design, procurement, installation, construction and financial planning of cogeneration systems, environmental protection and fuel procurement for cogeneration systems and related businesses. The Corporation also operates and manages cogeneration plants, provides research and development, technical and consultation services related to cogeneration, and manufactures, assembles, sells, leases, installs and repairs cogeneration equipment. In addition, it invests in cogeneration plants, trades related equipment, engages in power generation businesses other than utility, and performs electric equipment installation. Its revenues are generated from sales from cogeneration plants and revenue from consulting and construction services.
75GF Score
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