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Everlight Electronics CoTPE:2393 +1.79%75 Return-on-Tangible-Asset is 7.68% as of Dec. 2025, which is 67% above its 10-year median of 4.59. GuruFocus rates TPE:2393 with a GF Score™ of 75/100 and a GF Value™ of NT$62.18 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,500 Hardware companies, Everlight Electronics Co ranks better than 76.28% 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. Everlight Electronics Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$2,238 Mil. Everlight Electronics Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$29,147 Mil. Therefore, Everlight Electronics Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 7.68%.
The historical rank and industry rank for Everlight Electronics Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2393'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.41 Med: 4.59 Max: 10.54
Current: 6.88
During the past 13 years, Everlight Electronics Co's highest Return-on-Tangible-Asset was 10.54%. The lowest was 2.41%. And the median was 4.59%.
TPE:2393's Return-on-Tangible-Asset is ranked better than 76.28% of 2500
companies
in the Hardware industry
Industry Median: 2.465
vs TPE:2393: 6.88
Everlight Electronics Co (TPE:2393) 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.
Everlight Electronics Co Return-on-Tangible-Asset Related Terms
Everlight Electronics Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Everlight Electronics 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.
Everlight Electronics Co Return-on-Tangible-Asset Chart
TPE:2393 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Everlight Electronics 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.
Everlight Electronics Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Everlight Electronics Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Everlight Electronics 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 7.68% mean?
Everlight Electronics Co (TPE:2393) has a Return-on-Tangible-Asset of 7.68% 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 Everlight Electronics Co and its competitors. This is 67% above median its historical median of 4.59. Over the past decade, Everlight Electronics Co's Return-on-Tangible-Asset has ranged from 2.41 to 10.54. According to the industry distribution chart, Everlight Electronics Co ranks #593 out of 2500 companies in the Hardware industry, placing it in the top 23.7%.
Is Everlight Electronics Co's Return-on-Tangible-Asset too high?
Everlight Electronics Co's current Return-on-Tangible-Asset of 7.68% is 67% above median its 10-year median of 4.59. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 10.54. The Hardware industry median Return-on-Tangible-Asset is 2.47. Everlight Electronics Co's value of 7.68% is 211.6% above this industry median. Based on the distribution chart, Everlight Electronics Co ranks #593 out of 2500 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Everlight Electronics Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Everlight Electronics Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Everlight Electronics Co ranks #593 out of 2500 companies for Return-on-Tangible-Asset. This places Everlight Electronics Co in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.47. Everlight Electronics Co's value of 7.68% is 211.6% above this benchmark. Historically, Everlight Electronics Co's own Return-on-Tangible-Asset has ranged from 2.41 to 10.54 over the past decade. While the company's 10-year median is 4.59 vs. the industry median of 2.47, Everlight Electronics 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 2.47, 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. Everlight Electronics Co's current Return-on-Tangible-Asset of 7.68% is 211.6% 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 Everlight Electronics Co 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. Everlight Electronics Co's current Return-on-Tangible-Asset is 7.68%, which is 67% above median its own 10-year median of 4.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everlight Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Everlight Electronics Co (TPE:2393) is currently considered Fairly Valued. The stock's GF Value™ is NT$62.18, compared to a current price of NT$62.50 — trading 0.5% above its estimated fair value. The current Return-on-Tangible-Asset is 7.68%, which is 67% above median its 10-year median of 4.59 and 211.6% above the Hardware industry median of 2.47. Everlight Electronics Co's overall GF Score™ is 75/100 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 Everlight Electronics Co (TPE:2393), the current Return-on-Tangible-Asset is 7.68% 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 Everlight Electronics Co (TPE:2393) Overvalued in 2026?
Based on GuruFocus' analysis, Everlight Electronics Co stock appears to be overvalued.
The current stock price of NT$62.50 is trading 0.5% above its estimated GF Value™ of NT$62.18.
GuruFocus considers Everlight Electronics Co to be Fairly Valued.
Key valuation signals for TPE:2393:
Return-on-Tangible-Asset: 7.68% (67% above median its 10-year median of 4.59)
GF Value™: NT$62.18 vs. price of NT$62.50 (0.5% above fair value)
Industry Position: 211.6% above the Hardware median (#593 of 2500)
No single metric tells the full story. See the TPE:2393 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Everlight Electronics Co Ltd is engaged in the manufacture and sale of LEDs and optoelectronic products. Its products include visible LED, infrared products, sensors, optocouplers, and power semiconductors. The Group operates through LED, LCD, and illumination segments. The LED segment engages in the manufacture and sale of LEDs, while the LCD segment, which generates maximum revenue, engages in the manufacture and sale of LCDs and LCD modules. The illumination segment engages in the manufacture and sale of lighting products. Other operating segments mainly engage in the sale of raw materials for electronic products, masks, and electrophoretic displays. The company generates maximum revenue from Asia.
75GF Score
Get the complete analysis for TPE:2393
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