Feng Tay Enterprises Co (TPE:9910) ROE %: 23.22% (As of Dec. 2025) — 23% Below Median


TPE:9910 Feng Tay Enterprises Co Ltd TPE:9910
77 GF Score
Price NT$67.50
GF Value NT$135.00
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Feng Tay Enterprises Co ROE %?

Feng Tay Enterprises Co TPE:9910 77 ROE % is 23.22% as of Dec. 2025, which is 23% below its 10-year median of 30.34. GuruFocus rates TPE:9910 with a GF Score™ of 77/100 and a GF Value™ of NT$135.00 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Feng Tay Enterprises Co ranks better than 90.59% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Feng Tay Enterprises Co's annualized net income for the quarter that ended in Dec. 2025 was NT$5,712 Mil. Feng Tay Enterprises Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$24,599 Mil. Therefore, Feng Tay Enterprises Co's annualized ROE % for the quarter that ended in Dec. 2025 was 23.22%.

The historical rank and industry rank for Feng Tay Enterprises Co's ROE % or its related term are showing as below:

TPE:9910' s ROE % Range Over the Past 10 Years
Min: 19.13   Med: 30.34   Max: 42.14
Current: 20.1

During the past 13 years, Feng Tay Enterprises Co's highest ROE % was 42.14%. The lowest was 19.13%. And the median was 30.34%.

TPE:9910's ROE % is ranked better than
90.59% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.04 vs TPE:9910: 20.10

Feng Tay Enterprises Co  (TPE:9910) 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
=5711.892/24599.057
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5711.892 / 82837.988)*(82837.988 / 52028.1635)*(52028.1635 / 24599.057)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.9 %*1.5922*2.115
=ROA %*Equity Multiplier
=10.99 %*2.115
=23.22 %

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
=5711.892/24599.057
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5711.892 / 7811.98) * (7811.98 / 6300.724) * (6300.724 / 82837.988) * (82837.988 / 52028.1635) * (52028.1635 / 24599.057)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7312 * 1.2399 * 7.61 % * 1.5922 * 2.115
=23.22 %

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.


Feng Tay Enterprises Co ROE % Related Terms


Feng Tay Enterprises Co ROE % Historical Data

* Premium members only.

The historical data trend for Feng Tay Enterprises 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.

Feng Tay Enterprises Co ROE % Chart

Feng Tay Enterprises 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 25.62 42.14 20.66 23.48 19.13

Feng Tay Enterprises 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 25.01 16.66 11.69 31.41 23.22

TPE:9910 vs NKE, DECK, ONON: ROE % Comparison

For the Footwear & Accessories subindustry, Feng Tay Enterprises 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.


Feng Tay Enterprises Co ROE % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Feng Tay Enterprises Co's ROE % distribution charts can be found below:

* The bar in red indicates where Feng Tay Enterprises Co's ROE % falls into.


TPE:9910
77GF Score
Feng Tay Enterprises Co Ltd TPE:9910
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Feng Tay Enterprises Co ROE % Calculation

Feng Tay Enterprises 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 )
=5036.042/( (26840.051+25804.493)/ 2 )
=5036.042/26322.272
=19.13 %

Feng Tay Enterprises 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 )
=5711.892/( (23393.621+25804.493)/ 2 )
=5711.892/24599.057
=23.22 %

* 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 23.22% mean?
Feng Tay Enterprises Co (TPE:9910) has a ROE % of 23.22% 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 Feng Tay Enterprises Co and its competitors. This is 23% below median its historical median of 30.34. Over the past decade, Feng Tay Enterprises Co's ROE % has ranged from 19.13 to 42.14. According to the industry distribution chart, Feng Tay Enterprises Co ranks #96 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 9.4%.
Is Feng Tay Enterprises Co's ROE % too high?
Feng Tay Enterprises Co's current ROE % of 23.22% is 23% below median its 10-year median of 30.34. Over the past 10 years, this metric has ranged from a low of 19.13 to a high of 42.14. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. Feng Tay Enterprises Co's value of 23.22% is 474.8% above this industry median. Based on the distribution chart, Feng Tay Enterprises Co ranks #96 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Feng Tay Enterprises Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Feng Tay Enterprises Co's ROE % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Feng Tay Enterprises Co ranks #96 out of 1020 companies for ROE %. This places Feng Tay Enterprises Co in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 4.04. Feng Tay Enterprises Co's value of 23.22% is 474.8% above this benchmark. Historically, Feng Tay Enterprises Co's own ROE % has ranged from 19.13 to 42.14 over the past decade. While the company's 10-year median is 30.34 vs. the industry median of 4.04, Feng Tay Enterprises 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,020 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. Feng Tay Enterprises Co's current ROE % of 23.22% is 474.8% 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 Feng Tay Enterprises Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Feng Tay Enterprises Co's current ROE % is 23.22%, which is 23% below median its own 10-year median of 30.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feng Tay Enterprises Co stock overvalued right now?
Based on GuruFocus' analysis, Feng Tay Enterprises Co (TPE:9910) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$135.00, compared to a current price of NT$67.50 — trading 50% below its estimated fair value. The current ROE % is 23.22%, which is 23% below median its 10-year median of 30.34 and 474.8% above the Manufacturing - Apparel & Accessories industry median of 4.04. Feng Tay Enterprises Co's overall GF Score™ is 77/100 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 Feng Tay Enterprises Co (TPE:9910), the current ROE % is 23.22% 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 Feng Tay Enterprises Co (TPE:9910) Overvalued in 2026?

Based on GuruFocus' analysis, Feng Tay Enterprises Co stock appears to be undervalued. The current stock price of NT$67.50 is trading 50% below its estimated GF Value™ of NT$135.00. GuruFocus considers Feng Tay Enterprises Co to be Significantly Undervalued.

Key valuation signals for TPE:9910:

  • ROE %: 23.22% (23% below median its 10-year median of 30.34)
  • GF Value™: NT$135.00 vs. price of NT$67.50 (50% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 474.8% above the Manufacturing - Apparel & Accessories median (#96 of 1020)

No single metric tells the full story. See the TPE:9910 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Feng Tay Enterprises Co Business Description

Address No. 52 Kegong 8th Road, Yunlin County, Douliou, TWN, 640111
Feng Tay Enterprises Co Ltd is a manufacturer specialized in athletic shoes. Other business activities include developing and producing casual shoes, inline skates, ice skates, ski boots, cycling shoes, golf balls, soccer balls, backpack and handbags, ice hockey helmets and sticks, footwear accessories, as well as shoe molds and tools. The company's operating segments includes footwear manufacturing and sales and others segment, the geographical presence of business is in Singapore, America, Vietnam, Switzerland, Mainland China, Mexico, India, Italy and Other countries out of which the company generates majority of its revenue from Singapore.
77GF Score

Get the complete analysis for TPE:9910

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

NT$67.50
Price
NT$135.00
GF Value