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Ability Enterprise CoTPE:2374 -4.79%83 Return-on-Tangible-Asset is 7.32% as of Mar. 2026, which is 221% above its 10-year median of 2.28. GuruFocus rates TPE:2374 with a GF Score™ of 83/100 and a GF Value™ of NT$85.37 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,500 Hardware companies, Ability Enterprise Co ranks better than 80.52% 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. Ability Enterprise Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$944 Mil. Ability Enterprise Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$12,886 Mil. Therefore, Ability Enterprise Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.32%.
The historical rank and industry rank for Ability Enterprise Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2374'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.79 Med: 2.28 Max: 8.06
Current: 8.06
During the past 13 years, Ability Enterprise Co's highest Return-on-Tangible-Asset was 8.06%. The lowest was -4.79%. And the median was 2.28%.
TPE:2374's Return-on-Tangible-Asset is ranked better than 80.52% of 2500
companies
in the Hardware industry
Industry Median: 2.455
vs TPE:2374: 8.06
Ability Enterprise Co (TPE:2374) 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.
Ability Enterprise Co Return-on-Tangible-Asset Related Terms
Ability Enterprise Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ability Enterprise Co'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.
Ability Enterprise Co Return-on-Tangible-Asset Chart
TPE:2374 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Ability Enterprise Co'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.
Ability Enterprise Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Ability Enterprise Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ability Enterprise Co'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.32% mean?
Ability Enterprise Co (TPE:2374) has a Return-on-Tangible-Asset of 7.32% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ability Enterprise Co and its competitors. This is 221% above median its historical median of 2.28. According to the industry distribution chart, Ability Enterprise Co ranks #487 out of 2500 companies in the Hardware industry, placing it in the top 19.5%.
Is Ability Enterprise Co's Return-on-Tangible-Asset too high?
Ability Enterprise Co's current Return-on-Tangible-Asset of 7.32% is 221% above median its 10-year median of 2.28. The Hardware industry median Return-on-Tangible-Asset is 2.46. Ability Enterprise Co's value of 7.32% is 198.2% above this industry median. Based on the distribution chart, Ability Enterprise Co ranks #487 out of 2500 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Ability Enterprise Co has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ability Enterprise Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Ability Enterprise Co ranks #487 out of 2500 companies for Return-on-Tangible-Asset. This places Ability Enterprise Co in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.46. Ability Enterprise Co's value of 7.32% is 198.2% above this benchmark. While the company's 10-year median is 2.28 vs. the industry median of 2.46, Ability 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 Return-on-Tangible-Asset for a Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.46, based on 2,500 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. Ability Enterprise Co's current Return-on-Tangible-Asset of 7.32% is 198.2% 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 Ability Enterprise Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ability Enterprise Co's current Return-on-Tangible-Asset is 7.32%, which is 221% above median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ability Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Ability Enterprise Co (TPE:2374) is currently considered Possible Value Trap. The stock's GF Value™ is NT$85.37, compared to a current price of NT$59.60 — trading 30.2% below its estimated fair value. The current Return-on-Tangible-Asset is 7.32%, which is 221% above median its 10-year median of 2.28 and 198.2% above the Hardware industry median of 2.46. Ability Enterprise Co's overall GF Score™ is 83/100 with 3 warning signs 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 Ability Enterprise Co (TPE:2374), the current Return-on-Tangible-Asset is 7.32% as of Mar. 2026. 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 Ability Enterprise Co (TPE:2374) Overvalued in 2026?
Based on GuruFocus' analysis, Ability Enterprise Co stock appears to be undervalued.
The current stock price of NT$59.60 is trading 30.2% below its estimated GF Value™ of NT$85.37.
GuruFocus considers Ability Enterprise Co to be Possible Value Trap.
Key valuation signals for TPE:2374:
Return-on-Tangible-Asset: 7.32% (221% above median its 10-year median of 2.28)
GF Value™: NT$85.37 vs. price of NT$59.60 (30.2% below fair value)
Industry Position: 198.2% above the Hardware median (#487 of 2500)
No single metric tells the full story. See the TPE:2374 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ability Enterprise Co Ltd is mainly engaged in the manufacturing, purchases and sales of digital cameras, optical product components and film/video accessories. The Company's main activities are the manufacturing and sales of optical products, and the strategic investing segment focuses on sales of design and manufacturing of optical elements. It specializes in integrating optics, mechanics, acoustics, electronics, and software. Its product portfolio includes security equipment, home appliances, machine vision systems, video live streaming systems, cloud-based solutions, and automotive imaging applications. Its segments are the optical manufacturing segment, which generates maximum revenue, and the strategic investing segment. The Company generates maximum revenue from Japan.
83GF Score
Get the complete analysis for TPE:2374
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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