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Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
Mayer Steel Pipe's 10-Year RORE % for the quarter that ended in Dec. 2025 was 11.50%.
The industry rank for Mayer Steel Pipe's 10-Year RORE % or its related term are showing as below:
TPE:2020's 10-Year RORE % is ranked better than 61.8% of 479
companies
in the Steel industry
Industry Median: 3.23
vs TPE:2020: 11.50
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
Mayer Steel Pipe 10-Year RORE % Related Terms
Mayer Steel Pipe 10-Year RORE % Historical Data
* Premium members only.
The historical data trend for Mayer Steel Pipe's 10-Year RORE % 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.
TPE:2020 vs NUE, STLD, RS: 10-Year RORE % Comparison
For the Steel subindustry, Mayer Steel Pipe's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % 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.
Mayer Steel Pipe 10-Year RORE % vs Steel Industry
For the Steel industry and Basic Materials sector, Mayer Steel Pipe's 10-Year RORE % distribution charts can be found below:
* The bar in red indicates where Mayer Steel Pipe's 10-Year RORE % 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 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2025 and 10-year before.
Mayer Steel Pipe (TPE:2020) has a 10-Year RORE % of 11.50 as of Dec. 2025. 10-Year RORE % shows how much a company earns by reinvesting its retained earnings in 10-year. View historical data on Mayer Steel Pipe and its competitors. According to the industry distribution chart, Mayer Steel Pipe ranks #183 out of 479 companies in the Steel industry, placing it in the top 38.2%.
Is Mayer Steel Pipe's 10-Year RORE % too high?
Mayer Steel Pipe's current 10-Year RORE % is 11.50. The Steel industry median 10-Year RORE % is 3.23. Mayer Steel Pipe's value of 11.50 is 256% above this industry median. Based on the distribution chart, Mayer Steel Pipe ranks #183 out of 479 companies in the Steel industry, which is above the industry midpoint. Overall, Mayer Steel Pipe has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mayer Steel Pipe's 10-Year RORE % compare to NUE and STLD?
According to the Steel industry distribution chart, Mayer Steel Pipe ranks #183 out of 479 companies for 10-Year RORE %. This puts Mayer Steel Pipe in the upper half of its industry. The industry median 10-Year RORE % is 3.23. Mayer Steel Pipe's value of 11.50 is 256% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year RORE % for a Steel company?
The median 10-Year RORE % among Steel companies is 3.23, based on 479 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mayer Steel Pipe's current 10-Year RORE % of 11.50 is 256% 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 10-Year RORE % mean?
A high 10-Year RORE % can signal that a stock is expensive relative to its fundamentals. 10-Year RORE % shows how much a company earns by reinvesting its retained earnings in 10-year. View historical data on Mayer Steel Pipe and its competitors. For the Steel industry, the median 10-Year RORE % is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayer Steel Pipe's current 10-Year RORE % is 11.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayer Steel Pipe stock overvalued right now?
Based on GuruFocus' analysis, Mayer Steel Pipe (TPE:2020) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.85, compared to a current price of NT$21.20 — trading 1.7% above its estimated fair value. The current 10-Year RORE % is 11.50 and 256% above the Steel industry median of 3.23. Mayer Steel Pipe's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year RORE % calculated?
10-Year RORE % is calculated from a company's financial statements. For Mayer Steel Pipe (TPE:2020), the current 10-Year RORE % is 11.50 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 Mayer Steel Pipe (TPE:2020) Overvalued in 2026?
Based on GuruFocus' analysis, Mayer Steel Pipe stock appears to be overvalued.
The current stock price of NT$21.20 is trading 1.7% above its estimated GF Value™ of NT$20.85.
GuruFocus considers Mayer Steel Pipe to be Fairly Valued.
Key valuation signals for TPE:2020:
10-Year RORE %: 11.50
GF Value™: NT$20.85 vs. price of NT$21.20 (1.7% above fair value)
Industry Position: 256% above the Steel median (#183 of 479)
No single metric tells the full story. See the TPE:2020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mayer Steel Pipe Corp operates as a steel pipe manufacturer in Taiwan. The primary business of the company and its entities is engaged in the production and sales of black steel pipes, galvanized steel pipes and stainless-steel coils for pipes. The company's reportable segments are the Steel Segment, Real Estate Investment Segment, Investment Segment, and Hotel Services Segment. The majority of revenue is derived from the Steel department, which focuses on the production and sales of black steel pipes, zinc-coated steel pipes, and stainless-steel coils for Pipes. Geographically it generates maximum revenue from Taiwan and the rest from Vietnam, Thailand, and other regions.
75GF Score
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10-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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