Tripod Technology (TPE:3044) Return-on-Tangible-Asset: 11.69% (As of Mar. 2026) — 50% Above Median

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Director of Data and Quant Analytics at GuruFocus
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TPE:3044 Tripod Technology Corp TPE:3044
88 GF Score
Price NT$359.50
GF Value NT$289.76
Valuation Modestly Overvalued
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What is Tripod Technology Return-on-Tangible-Asset?

Tripod Technology TPE:3044 -7.94% 88 Return-on-Tangible-Asset is 11.69% as of Mar. 2026, which is 50% above its 10-year median of 7.81. GuruFocus rates TPE:3044 with a GF Score™ of 88/100 and a GF Value™ of NT$289.76 (Modestly Overvalued). Among 2,501 Hardware companies, Tripod Technology ranks better than 89.36% 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. Tripod Technology's annualized Net Income for the quarter that ended in Mar. 2026 was NT$11,785 Mil. Tripod Technology's average total tangible assets for the quarter that ended in Mar. 2026 was NT$100,848 Mil. Therefore, Tripod Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.69%.

The historical rank and industry rank for Tripod Technology's Return-on-Tangible-Asset or its related term are showing as below:

TPE:3044' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.69   Med: 7.81   Max: 11.54
Current: 11.54

During the past 13 years, Tripod Technology's highest Return-on-Tangible-Asset was 11.54%. The lowest was 5.69%. And the median was 7.81%.

TPE:3044's Return-on-Tangible-Asset is ranked better than
89.36% of 2501 companies
in the Hardware industry
Industry Median: 2.44 vs TPE:3044: 11.54

Tripod Technology  (TPE:3044) 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.


Tripod Technology Return-on-Tangible-Asset Related Terms


Tripod Technology Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Tripod Technology'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.

Tripod Technology Return-on-Tangible-Asset Chart

Tripod Technology 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 7.33 7.69 7.93 10.23 11.01

Tripod Technology 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 10.59 11.12 13.39 10.46 11.69

TPE:3044 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison

For the Electronic Components subindustry, Tripod Technology'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.


Tripod Technology Return-on-Tangible-Asset vs Hardware Industry

For the Hardware industry and Technology sector, Tripod Technology's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Tripod Technology's Return-on-Tangible-Asset falls into.


TPE:3044
88GF Score
Tripod Technology Corp TPE:3044
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tripod Technology Return-on-Tangible-Asset Calculation

Tripod Technology'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 )
=10224.657/( (87548.84+98139.86)/ 2 )
=10224.657/92844.35
=11.01 %

Tripod Technology'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 )
=11784.92/( (98139.86+103555.77)/ 2 )
=11784.92/100847.815
=11.69 %

* 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 11.69% mean?
Tripod Technology (TPE:3044) has a Return-on-Tangible-Asset of 11.69% 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 Tripod Technology and its competitors. This is 50% above median its historical median of 7.81. Over the past decade, Tripod Technology's Return-on-Tangible-Asset has ranged from 5.69 to 11.54. According to the industry distribution chart, Tripod Technology ranks #266 out of 2501 companies in the Hardware industry, placing it in the top 10.6%.
Is Tripod Technology's Return-on-Tangible-Asset too high?
Tripod Technology's current Return-on-Tangible-Asset of 11.69% is 50% above median its 10-year median of 7.81. Over the past 10 years, this metric has ranged from a low of 5.69 to a high of 11.54. The Hardware industry median Return-on-Tangible-Asset is 2.44. Tripod Technology's value of 11.69% is 379.1% above this industry median. Based on the distribution chart, Tripod Technology ranks #266 out of 2501 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Tripod Technology has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tripod Technology's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Tripod Technology ranks #266 out of 2501 companies for Return-on-Tangible-Asset. This places Tripod Technology in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.44. Tripod Technology's value of 11.69% is 379.1% above this benchmark. Historically, Tripod Technology's own Return-on-Tangible-Asset has ranged from 5.69 to 11.54 over the past decade. While the company's 10-year median is 7.81 vs. the industry median of 2.44, Tripod Technology 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 2.44, 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. Tripod Technology's current Return-on-Tangible-Asset of 11.69% is 379.1% 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 Tripod Technology and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tripod Technology's current Return-on-Tangible-Asset is 11.69%, which is 50% above median its own 10-year median of 7.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tripod Technology stock overvalued right now?
Based on GuruFocus' analysis, Tripod Technology (TPE:3044) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$289.76, compared to a current price of NT$359.50 — trading 24.1% above its estimated fair value. The current Return-on-Tangible-Asset is 11.69%, which is 50% above median its 10-year median of 7.81 and 379.1% above the Hardware industry median of 2.44. Tripod Technology's overall GF Score™ is 88/100. 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 Tripod Technology (TPE:3044), the current Return-on-Tangible-Asset is 11.69% 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 Tripod Technology (TPE:3044) Overvalued in 2026?

Based on GuruFocus' analysis, Tripod Technology stock appears to be overvalued. The current stock price of NT$359.50 is trading 24.1% above its estimated GF Value™ of NT$289.76. GuruFocus considers Tripod Technology to be Modestly Overvalued.

Key valuation signals for TPE:3044:

  • Return-on-Tangible-Asset: 11.69% (50% above median its 10-year median of 7.81)
  • GF Value™: NT$289.76 vs. price of NT$359.50 (24.1% above fair value)
  • GF Score™: 88/100
  • Industry Position: 379.1% above the Hardware median (#266 of 2501)

No single metric tells the full story. See the TPE:3044 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tripod Technology Business Description

Address No. 21, Kuang-Yeh 5th Road, Pingzhen Industrial Park, Pingzhen District, Taoyuan, TWN, 324
Tripod Technology Corporation manufactures and distributes printed circuit boards, electronic cash registers, and is engaged in the design, manufacture, and sale of a variety of devices produced using computer automation. The company focuses on the production and sale of printed circuit boards, and this segment provides the majority of the company's revenue. The company's products include various boards for memory modules, thin-film-transistor liquid-crystal displays, telecommunications boards, hard disks, automotive, servers, substrates, and other services. The vast majority of revenue is earned from customers in Mainland China; however, the company also does business in Taiwan, Malaysia, and South Korea, among others.
88GF Score

Get the complete analysis for TPE:3044

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

NT$359.50
Price
NT$289.76
GF Value