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Twinhead InternationalTPE:2364 -3.25%84 Return-on-Tangible-Asset is 13.90% as of Dec. 2025, which is 544% above its 10-year median of 2.16. GuruFocus rates TPE:2364 with a GF Score™ of 84/100 and a GF Value™ of NT$83.66 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,501 Hardware companies, Twinhead International ranks better than 93.24% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Twinhead International's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$222 Mil. Twinhead International's average total tangible assets for the quarter that ended in Dec. 2025 was NT$1,595 Mil. Therefore, Twinhead International's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 13.90%.
The historical rank and industry rank for Twinhead International's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2364'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.46 Med: 2.16 Max: 14.67
Current: 14.21
During the past 13 years, Twinhead International's highest Return-on-Tangible-Asset was 14.67%. The lowest was -16.46%. And the median was 2.16%.
TPE:2364's Return-on-Tangible-Asset is ranked better than 93.24% of 2501
companies
in the Hardware industry
Industry Median: 2.44
vs TPE:2364: 14.21
Twinhead International (TPE:2364) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Twinhead International Return-on-Tangible-Asset Related Terms
Twinhead International Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Twinhead International's Return-on-Tangible-Asset 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.
Twinhead International Return-on-Tangible-Asset Chart
TPE:2364 vs DELL, ANET, SNDK: Return-on-Tangible-Asset Comparison
For the Computer Hardware subindustry, Twinhead International's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Twinhead International Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Twinhead International's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Twinhead International's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets 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.
What does a Return-on-Tangible-Asset of 13.90% mean?
Twinhead International (TPE:2364) has a Return-on-Tangible-Asset of 13.90% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Twinhead International and its competitors. This is 544% above median its historical median of 2.16. According to the industry distribution chart, Twinhead International ranks #169 out of 2501 companies in the Hardware industry, placing it in the top 6.8%.
Is Twinhead International's Return-on-Tangible-Asset too high?
Twinhead International's current Return-on-Tangible-Asset of 13.90% is 544% above median its 10-year median of 2.16. The Hardware industry median Return-on-Tangible-Asset is 2.44. Twinhead International's value of 13.90% is 469.7% above this industry median. Based on the distribution chart, Twinhead International ranks #169 out of 2501 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Twinhead International has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Twinhead International's Return-on-Tangible-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, Twinhead International ranks #169 out of 2501 companies for Return-on-Tangible-Asset. This places Twinhead International in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.44. Twinhead International's value of 13.90% is 469.7% above this benchmark. While the company's 10-year median is 2.16 vs. the industry median of 2.44, Twinhead International 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 Return-on-Tangible-Asset for a Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.44, based on 2,501 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Twinhead International's current Return-on-Tangible-Asset of 13.90% is 469.7% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Twinhead International and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Twinhead International's current Return-on-Tangible-Asset is 13.90%, which is 544% above median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Twinhead International stock overvalued right now?
Based on GuruFocus' analysis, Twinhead International (TPE:2364) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$83.66, compared to a current price of NT$68.40 — trading 18.2% below its estimated fair value. The current Return-on-Tangible-Asset is 13.90%, which is 544% above median its 10-year median of 2.16 and 469.7% above the Hardware industry median of 2.44. Twinhead International's overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Twinhead International (TPE:2364), the current Return-on-Tangible-Asset is 13.90% 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 Twinhead International (TPE:2364) Overvalued in 2026?
Based on GuruFocus' analysis, Twinhead International stock appears to be undervalued.
The current stock price of NT$68.40 is trading 18.2% below its estimated GF Value™ of NT$83.66.
GuruFocus considers Twinhead International to be Modestly Undervalued.
Key valuation signals for TPE:2364:
Return-on-Tangible-Asset: 13.90% (544% above median its 10-year median of 2.16)
GF Value™: NT$83.66 vs. price of NT$68.40 (18.2% below fair value)
Industry Position: 469.7% above the Hardware median (#169 of 2501)
No single metric tells the full story. See the TPE:2364 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Twinhead International Corp is engaged in the manufacturing of personal computers and peripherals. Its product offerings include mobile computers for military or industrial applications, rugged tablet PCs, semi-rugged mobile computers, mobile thin clients, medical tablet PCs, and other customized motherboards/systems. In addition to standard product lines, the company also offers full original design manufacturing and partial customization services. Geographically, it generates the majority of its revenue from personal Europe.
84GF Score
Get the complete analysis for TPE:2364
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