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Kaimei ElectronicTPE:2375 +9.91%66 Return-on-Tangible-Asset is 2.96% as of Dec. 2025, which is 11% below its 10-year median of 3.34. GuruFocus rates TPE:2375 with a GF Score™ of 66/100 and a GF Value™ of NT$74.67 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,500 Hardware companies, Kaimei Electronic ranks better than 53.2% 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. Kaimei Electronic's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$417 Mil. Kaimei Electronic's average total tangible assets for the quarter that ended in Dec. 2025 was NT$14,095 Mil. Therefore, Kaimei Electronic's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 2.96%.
The historical rank and industry rank for Kaimei Electronic's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2375'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.39 Med: 3.34 Max: 17.34
Current: 2.87
During the past 13 years, Kaimei Electronic's highest Return-on-Tangible-Asset was 17.34%. The lowest was -1.39%. And the median was 3.34%.
TPE:2375's Return-on-Tangible-Asset is ranked better than 53.2% of 2500
companies
in the Hardware industry
Industry Median: 2.47
vs TPE:2375: 2.87
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.
Kaimei Electronic Return-on-Tangible-Asset Related Terms
Kaimei Electronic Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kaimei Electronic'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.
TPE:2375 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Kaimei Electronic'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.
Kaimei Electronic Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Kaimei Electronic's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kaimei Electronic'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 2.96% mean?
Kaimei Electronic (TPE:2375) has a Return-on-Tangible-Asset of 2.96% 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 Kaimei Electronic and its competitors. This is 11% below median its historical median of 3.34. According to the industry distribution chart, Kaimei Electronic ranks #1170 out of 2500 companies in the Hardware industry, placing it in the top 46.8%.
Is Kaimei Electronic's Return-on-Tangible-Asset too high?
Kaimei Electronic's current Return-on-Tangible-Asset of 2.96% is 11% below median its 10-year median of 3.34. The Hardware industry median Return-on-Tangible-Asset is 2.47. Kaimei Electronic's value of 2.96% is 19.8% above this industry median. Based on the distribution chart, Kaimei Electronic ranks #1170 out of 2500 companies in the Hardware industry, which is above the industry midpoint. Overall, Kaimei Electronic has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kaimei Electronic's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Kaimei Electronic ranks #1170 out of 2500 companies for Return-on-Tangible-Asset. This puts Kaimei Electronic in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.47. Kaimei Electronic's value of 2.96% is 19.8% above this benchmark. While the company's 10-year median is 3.34 vs. the industry median of 2.47, Kaimei Electronic 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 2.47, 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. Kaimei Electronic's current Return-on-Tangible-Asset of 2.96% is 19.8% 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 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 Kaimei Electronic and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaimei Electronic's current Return-on-Tangible-Asset is 2.96%, which is 11% below median its own 10-year median of 3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaimei Electronic stock overvalued right now?
Based on GuruFocus' analysis, Kaimei Electronic (TPE:2375) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$74.67, compared to a current price of NT$116.50 — trading 56% above its estimated fair value. The current Return-on-Tangible-Asset is 2.96%, which is 11% below median its 10-year median of 3.34 and 19.8% above the Hardware industry median of 2.47. Kaimei Electronic's overall GF Score™ is 66/100 with 5 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 Kaimei Electronic (TPE:2375), the current Return-on-Tangible-Asset is 2.96% 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 Kaimei Electronic (TPE:2375) Overvalued in 2026?
Based on GuruFocus' analysis, Kaimei Electronic stock appears to be overvalued.
The current stock price of NT$116.50 is trading 56% above its estimated GF Value™ of NT$74.67.
GuruFocus considers Kaimei Electronic to be Significantly Overvalued.
Key valuation signals for TPE:2375:
Return-on-Tangible-Asset: 2.96% (11% below median its 10-year median of 3.34)
GF Value™: NT$74.67 vs. price of NT$116.50 (56% above fair value)
Industry Position: 19.8% above the Hardware median (#1170 of 2500)
No single metric tells the full story. See the TPE:2375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaimei Electronic Corp is engaged in the manufacturing and sale of capacitors. Its products portfolio includes Polymer solid aluminum electrolytic capacitors, Polymer Hybrid Aluminum Electrolytic Capacitor, and Liquid aluminum electrolytic capacitors; DC fan, DC blower, AC fan, and accessories. It operates in two reporting departments: capacitor and fan department and resistor department, which provides the product design, manufacture and sales in their respective areas. The capacitor and fan department derives the majority of revenue. Geographically, it operates in Hong Kong and China, Taiwan and other Asia Pacific regions, Europe, Americas, and Others with majority of revenue deriving from Hong Kong and China.
66GF Score
Get the complete analysis for TPE:2375
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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