Excel Cell Electronic Co (TPE:2483) Return-on-Tangible-Asset: 1.55% (As of Mar. 2026) — 59% Below Median

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TPE:2483 Excel Cell Electronic Co Ltd TPE:2483
56 GF Score
Price NT$32.05
GF Value NT$22.37
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Excel Cell Electronic Co Return-on-Tangible-Asset?

Excel Cell Electronic Co TPE:2483 -8.43% 56 Return-on-Tangible-Asset is 1.55% as of Mar. 2026, which is 59% below its 10-year median of 3.78. GuruFocus rates TPE:2483 with a GF Score™ of 56/100 and a GF Value™ of NT$22.37 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,078 Industrial Products companies, Excel Cell Electronic Co ranks worse than 56.11% 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. Excel Cell Electronic Co's annualized Net Income for the quarter that ended in Mar. 2026 was NT$64 Mil. Excel Cell Electronic Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$4,150 Mil. Therefore, Excel Cell Electronic Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.55%.

The historical rank and industry rank for Excel Cell Electronic Co's Return-on-Tangible-Asset or its related term are showing as below:

TPE:2483' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.81   Med: 3.78   Max: 6.39
Current: 2.43

During the past 13 years, Excel Cell Electronic Co's highest Return-on-Tangible-Asset was 6.39%. The lowest was 0.81%. And the median was 3.78%.

TPE:2483's Return-on-Tangible-Asset is ranked worse than
56.11% of 3078 companies
in the Industrial Products industry
Industry Median: 3.28 vs TPE:2483: 2.43

Excel Cell Electronic Co  (TPE:2483) 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 company’s 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 company’s 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.


Excel Cell Electronic Co Return-on-Tangible-Asset Related Terms


Excel Cell Electronic Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Excel Cell Electronic 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.

Excel Cell Electronic Co Return-on-Tangible-Asset Chart

Excel Cell Electronic Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.75 3.81 0.81 0.92 1.57

Excel Cell Electronic Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.80 9.91 -0.77 -0.91 1.55

TPE:2483 vs VRT, BE: Return-on-Tangible-Asset Comparison

For the Electrical Equipment & Parts subindustry, Excel Cell Electronic 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.


Excel Cell Electronic Co Return-on-Tangible-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Excel Cell Electronic Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Excel Cell Electronic Co's Return-on-Tangible-Asset falls into.


TPE:2483
56GF Score
Excel Cell Electronic Co Ltd TPE:2483
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Excel Cell Electronic Co Return-on-Tangible-Asset Calculation

Excel Cell Electronic Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=64.575/( (4099.892+4111.684)/ 2 )
=64.575/4105.788
=1.57 %

Excel Cell Electronic Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=64.152/( (4111.684+4188.677)/ 2 )
=64.152/4150.1805
=1.55 %

* 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 1.55% mean?
Excel Cell Electronic Co (TPE:2483) has a Return-on-Tangible-Asset of 1.55% 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 Excel Cell Electronic Co and its competitors. This is 59% below median its historical median of 3.78. Over the past decade, Excel Cell Electronic Co's Return-on-Tangible-Asset has ranged from 0.81 to 6.39. According to the industry distribution chart, Excel Cell Electronic Co ranks #1727 out of 3078 companies in the Industrial Products industry, placing it in the top 56.1%.
Is Excel Cell Electronic Co's Return-on-Tangible-Asset too high?
Excel Cell Electronic Co's current Return-on-Tangible-Asset of 1.55% is 59% below median its 10-year median of 3.78. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 6.39. The Industrial Products industry median Return-on-Tangible-Asset is 3.28. Excel Cell Electronic Co's value of 1.55% is 52.7% below this industry median. Based on the distribution chart, Excel Cell Electronic Co ranks #1727 out of 3078 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Excel Cell Electronic Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Excel Cell Electronic Co's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Excel Cell Electronic Co ranks #1727 out of 3078 companies for Return-on-Tangible-Asset. This places Excel Cell Electronic Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.28. Excel Cell Electronic Co's value of 1.55% is 52.7% below this benchmark. Historically, Excel Cell Electronic Co's own Return-on-Tangible-Asset has ranged from 0.81 to 6.39 over the past decade. While the company's 10-year median is 3.78 vs. the industry median of 3.28, Excel Cell Electronic Co has consistently been below 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.28, based on 3,078 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. Excel Cell Electronic Co's current Return-on-Tangible-Asset of 1.55% is 52.7% below 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 Excel Cell Electronic Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Excel Cell Electronic Co's current Return-on-Tangible-Asset is 1.55%, which is 59% below median its own 10-year median of 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excel Cell Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Excel Cell Electronic Co (TPE:2483) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$22.37, compared to a current price of NT$32.05 — trading 43.3% above its estimated fair value. The current Return-on-Tangible-Asset is 1.55%, which is 59% below median its 10-year median of 3.78 and 52.7% below the Industrial Products industry median of 3.28. Excel Cell Electronic Co's overall GF Score™ is 56/100 with 4 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 Excel Cell Electronic Co (TPE:2483), the current Return-on-Tangible-Asset is 1.55% 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 Excel Cell Electronic Co (TPE:2483) Overvalued in 2026?

Based on GuruFocus' analysis, Excel Cell Electronic Co stock appears to be overvalued. The current stock price of NT$32.05 is trading 43.3% above its estimated GF Value™ of NT$22.37. GuruFocus considers Excel Cell Electronic Co to be Significantly Overvalued.

Key valuation signals for TPE:2483:

  • Return-on-Tangible-Asset: 1.55% (59% below median its 10-year median of 3.78)
  • GF Value™: NT$22.37 vs. price of NT$32.05 (43.3% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 52.7% below the Industrial Products median (#1727 of 3078)

No single metric tells the full story. See the TPE:2483 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Excel Cell Electronic Co Business Description

Address No. 20, Gongyequ 25th road, Nantun District, Taichung, TWN, 408216
Excel Cell Electronic Co Ltd is engaged in the manufacture and sale of electronic components such as programmable switches, relays, terminal blocks, and lead frames, as well as the processing and sale of various batteries, which are also their sales items. Its products are the main components for computer and communication equipment. The segment includes: the Taiwan Company, China Subsidiaries, and others segment. Product-wise, the firm generates the majority of its revenue from Semiconductors, followed by Electronic Components, Stepping Motor, and Relays.
56GF Score

Get the complete analysis for TPE:2483

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$32.05
Price
NT$22.37
GF Value