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Lelon ElectronicsTPE:2472 +8.37%70 Return-on-Tangible-Asset is 5.71% as of Mar. 2026, which is 9% below its 10-year median of 6.25. GuruFocus rates TPE:2472 with a GF Score™ of 70/100 and a GF Value™ of NT$98.70 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,500 Hardware companies, Lelon Electronics ranks better than 81.4% 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. Lelon Electronics's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$1,051 Mil. Lelon Electronics's average total tangible assets for the quarter that ended in Mar. 2026 was NT$18,422 Mil. Therefore, Lelon Electronics's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.71%.
The historical rank and industry rank for Lelon Electronics's Return-on-Tangible-Asset or its related term are showing as below:
TPE:2472'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.1 Med: 6.25 Max: 8.85
Current: 8.2
During the past 13 years, Lelon Electronics's highest Return-on-Tangible-Asset was 8.85%. The lowest was 4.10%. And the median was 6.25%.
TPE:2472's Return-on-Tangible-Asset is ranked better than 81.4% of 2500
companies
in the Hardware industry
Industry Median: 2.465
vs TPE:2472: 8.20
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.
Lelon Electronics Return-on-Tangible-Asset Related Terms
Lelon Electronics Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Lelon Electronics'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:2472 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Lelon Electronics'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.
Lelon Electronics Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Lelon Electronics's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lelon Electronics'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 5.71% mean?
Lelon Electronics (TPE:2472) has a Return-on-Tangible-Asset of 5.71% 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 Lelon Electronics and its competitors. This is near median its historical median of 6.25. Over the past decade, Lelon Electronics' Return-on-Tangible-Asset has ranged from 4.10 to 8.85. According to the industry distribution chart, Lelon Electronics ranks #465 out of 2500 companies in the Hardware industry, placing it in the top 18.6%.
Is Lelon Electronics' Return-on-Tangible-Asset too high?
Lelon Electronics' current Return-on-Tangible-Asset of 5.71% is near median its 10-year median of 6.25. Over the past 10 years, this metric has ranged from a low of 4.10 to a high of 8.85. The Hardware industry median Return-on-Tangible-Asset is 2.47. Lelon Electronics' value of 5.71% is 131.6% above this industry median. Based on the distribution chart, Lelon Electronics ranks #465 out of 2500 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Lelon Electronics has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lelon Electronics' Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Lelon Electronics ranks #465 out of 2500 companies for Return-on-Tangible-Asset. This places Lelon Electronics in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.47. Lelon Electronics' value of 5.71% is 131.6% above this benchmark. Historically, Lelon Electronics' own Return-on-Tangible-Asset has ranged from 4.10 to 8.85 over the past decade. While the company's 10-year median is 6.25 vs. the industry median of 2.47, Lelon Electronics 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. Lelon Electronics's current Return-on-Tangible-Asset of 5.71% is 131.6% 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 Lelon Electronics 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. Lelon Electronics's current Return-on-Tangible-Asset is 5.71%, which is near median its own 10-year median of 6.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lelon Electronics stock overvalued right now?
Based on GuruFocus' analysis, Lelon Electronics (TPE:2472) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$98.70, compared to a current price of NT$220.00 — trading 122.9% above its estimated fair value. The current Return-on-Tangible-Asset is 5.71%, which is near median its 10-year median of 6.25 and 131.6% above the Hardware industry median of 2.47. Lelon Electronics' overall GF Score™ is 70/100 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 Lelon Electronics (TPE:2472), the current Return-on-Tangible-Asset is 5.71% 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 Lelon Electronics (TPE:2472) Overvalued in 2026?
Based on GuruFocus' analysis, Lelon Electronics stock appears to be overvalued.
The current stock price of NT$220.00 is trading 122.9% above its estimated GF Value™ of NT$98.70.
GuruFocus considers Lelon Electronics to be Significantly Overvalued.
Key valuation signals for TPE:2472:
Return-on-Tangible-Asset: 5.71% (near median its 10-year median of 6.25)
GF Value™: NT$98.70 vs. price of NT$220.00 (122.9% above fair value)
Industry Position: 131.6% above the Hardware median (#465 of 2500)
No single metric tells the full story. See the TPE:2472 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lelon Electronics Corp main activities are the manufacturing, assembling, and sale of electronic components and parts; the sale of production machinery; and acting as an agent for business operation, investment, and import and export trade. Its products include Organic Conductive Polymer Capacitors (OP-CAP), Conductive Polymer Hybrid Capacitors, SMD Aluminum Electrolytic Capacitors, Leaded Aluminum Electrolytic Capacitors, Screw Terminal Aluminum Electrolytic Capacitors, EDLC, and others. The Company operates through two reportable segments: the Lelon segment, which generates the maximum revenue and manufactures and sells aluminum electrolytic capacitors, and the Liton segment, which manufactures and sells aluminum formed foils. China generates the maximum revenue for the Company.
70GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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