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Largan Precision CoTPE:3008 +1.09%77 Return-on-Tangible-Asset is 10.98% as of Mar. 2026, which is 21% below its 10-year median of 13.86. GuruFocus rates TPE:3008 with a GF Score™ of 77/100 and a GF Value™ of NT$2,870.99 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,501 Hardware companies, Largan Precision Co ranks better than 85.05% 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. Largan Precision Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$24,493 Mil. Largan Precision Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$223,106 Mil. Therefore, Largan Precision Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.98%.
The historical rank and industry rank for Largan Precision Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:3008'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.43 Med: 13.86 Max: 25.12
Current: 9.58
During the past 13 years, Largan Precision Co's highest Return-on-Tangible-Asset was 25.12%. The lowest was 9.43%. And the median was 13.86%.
TPE:3008's Return-on-Tangible-Asset is ranked better than 85.05% of 2501
companies
in the Hardware industry
Industry Median: 2.45
vs TPE:3008: 9.58
Largan Precision Co (TPE:3008) 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.
Largan Precision Co Return-on-Tangible-Asset Related Terms
Largan Precision Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Largan Precision 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.
Largan Precision Co Return-on-Tangible-Asset Chart
TPE:3008 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Largan Precision 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.
Largan Precision Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Largan Precision Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Largan Precision 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 10.98% mean?
Largan Precision Co (TPE:3008) has a Return-on-Tangible-Asset of 10.98% 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 Largan Precision Co and its competitors. This is 21% below median its historical median of 13.86. Over the past decade, Largan Precision Co's Return-on-Tangible-Asset has ranged from 9.43 to 25.12. According to the industry distribution chart, Largan Precision Co ranks #374 out of 2501 companies in the Hardware industry, placing it in the top 15%.
Is Largan Precision Co's Return-on-Tangible-Asset too high?
Largan Precision Co's current Return-on-Tangible-Asset of 10.98% is 21% below median its 10-year median of 13.86. Over the past 10 years, this metric has ranged from a low of 9.43 to a high of 25.12. The Hardware industry median Return-on-Tangible-Asset is 2.45. Largan Precision Co's value of 10.98% is 348.2% above this industry median. Based on the distribution chart, Largan Precision Co ranks #374 out of 2501 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Largan Precision Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Largan Precision Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Largan Precision Co ranks #374 out of 2501 companies for Return-on-Tangible-Asset. This places Largan Precision Co in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.45. Largan Precision Co's value of 10.98% is 348.2% above this benchmark. Historically, Largan Precision Co's own Return-on-Tangible-Asset has ranged from 9.43 to 25.12 over the past decade. While the company's 10-year median is 13.86 vs. the industry median of 2.45, Largan Precision 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 2.45, based on 2,501 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. Largan Precision Co's current Return-on-Tangible-Asset of 10.98% is 348.2% 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 Largan Precision Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Largan Precision Co's current Return-on-Tangible-Asset is 10.98%, which is 21% below median its own 10-year median of 13.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Largan Precision Co stock overvalued right now?
Based on GuruFocus' analysis, Largan Precision Co (TPE:3008) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$2,870.99, compared to a current price of NT$4,625.00 — trading 61.1% above its estimated fair value. The current Return-on-Tangible-Asset is 10.98%, which is 21% below median its 10-year median of 13.86 and 348.2% above the Hardware industry median of 2.45. Largan Precision Co's overall GF Score™ is 77/100 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 Largan Precision Co (TPE:3008), the current Return-on-Tangible-Asset is 10.98% 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 Largan Precision Co (TPE:3008) Overvalued in 2026?
Based on GuruFocus' analysis, Largan Precision Co stock appears to be overvalued.
The current stock price of NT$4,625.00 is trading 61.1% above its estimated GF Value™ of NT$2,870.99.
GuruFocus considers Largan Precision Co to be Significantly Overvalued.
Key valuation signals for TPE:3008:
Return-on-Tangible-Asset: 10.98% (21% below median its 10-year median of 13.86)
GF Value™: NT$2,870.99 vs. price of NT$4,625.00 (61.1% above fair value)
Industry Position: 348.2% above the Hardware median (#374 of 2501)
No single metric tells the full story. See the TPE:3008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Largan Precision is the leader in optical lens technology and the world's largest handset lensmaker by value. The company boasts almost three decades of experience in the production of optical lenses, namely plastic aspherical lenses, which are widely used to manufacture smartphone cameras. It is a major supplier of high-end handset camera lenses to global smartphone brands such as Apple and Samsung. The firm also produces optical lenses for various applications, such as for automobiles, digital cameras, and extended reality headsets. Largan was co-founded in 1987 by Scott Lin, whose son Adam Lin serves as the current CEO and chair. Largan is headquartered and mainly operates in Taichung City, Taiwan, and employs around 8,000 people.
77GF Score
Get the complete analysis for TPE:3008
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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