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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. Bestec Power Electronics Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$109.25 Mil. Bestec Power Electronics Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$2,161.92 Mil. Therefore, Bestec Power Electronics Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 5.05%.
The historical rank and industry rank for Bestec Power Electronics Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:3308'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.3 Med: -1.28 Max: 20.73
Current: 1.87
During the past 13 years, Bestec Power Electronics Co's highest Return-on-Tangible-Asset was 20.73%. The lowest was -7.30%. And the median was -1.28%.
TPE:3308's Return-on-Tangible-Asset is ranked worse than 60.79% of 3078
companies
in the Industrial Products industry
Industry Median: 3.26
vs TPE:3308: 1.87
Bestec Power Electronics Co (TPE:3308) 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.
Bestec Power Electronics Co Return-on-Tangible-Asset Related Terms
Bestec Power Electronics Co Return-on-Tangible-Asset Historical Data
* 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.
Bestec Power Electronics Co Return-on-Tangible-Asset Chart
TPE:3308 vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Bestec Power 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.
Bestec Power Electronics Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bestec Power Electronics Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bestec Power 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 5.05% mean?
Bestec Power Electronics Co (TPE:3308) has a Return-on-Tangible-Asset of 5.05% 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 Bestec Power Electronics Co and its competitors. According to the industry distribution chart, Bestec Power Electronics Co ranks #1871 out of 3078 companies in the Industrial Products industry, placing it in the top 60.8%.
Is Bestec Power Electronics Co's Return-on-Tangible-Asset too high?
Bestec Power Electronics Co's current Return-on-Tangible-Asset is 5.05%. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Bestec Power Electronics Co's value of 5.05% is 54.9% above this industry median. Based on the distribution chart, Bestec Power Electronics Co ranks #1871 out of 3078 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Bestec Power Electronics Co has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bestec Power Electronics Co's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Bestec Power Electronics Co ranks #1871 out of 3078 companies for Return-on-Tangible-Asset. This places Bestec Power Electronics Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Bestec Power Electronics Co's value of 5.05% is 54.9% above this benchmark. 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 3.26, 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. Bestec Power Electronics Co's current Return-on-Tangible-Asset of 5.05% is 54.9% 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 Bestec Power Electronics Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bestec Power Electronics Co's current Return-on-Tangible-Asset is 5.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bestec Power Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Bestec Power Electronics Co (TPE:3308) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$0.77, compared to a current price of NT$19.25 — trading 2400% above its estimated fair value. The current Return-on-Tangible-Asset is 5.05% and 54.9% above the Industrial Products industry median of 3.26. Bestec Power Electronics Co's overall GF Score™ is 38/100 with 7 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 Bestec Power Electronics Co (TPE:3308), the current Return-on-Tangible-Asset is 5.05% 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 Bestec Power Electronics Co (TPE:3308) Overvalued in 2026?
Based on GuruFocus' analysis, Bestec Power Electronics Co stock appears to be overvalued.
The current stock price of NT$19.25 is trading 2400% above its estimated GF Value™ of NT$0.77.
GuruFocus considers Bestec Power Electronics Co to be Significantly Overvalued.
Key valuation signals for TPE:3308:
Return-on-Tangible-Asset: 5.05%
GF Value™: NT$0.77 vs. price of NT$19.25 (2400% above fair value)
Industry Position: 54.9% above the Industrial Products median (#1871 of 3078)
No single metric tells the full story. See the TPE:3308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bestec Power Electronics Co Ltd is engaged in processing, manufacturing, and trading of products such as switching power supplies, IoT cloud server power supplies, wireless chargers, high-power, high-efficiency, high-density power supplies for gaming, and power converters. Its products include gogi Pet Soothing Water, Liande Bio-Extreme Water, drones, Power supply, Uninterruptible power supply system, charger, adapter, and Open Frame. Its segments include Product segment engaged in the production and domestic sales of power supplies, power converters, and bottled water, among others; and Other segment engaged in hotel operations or leasing activities. It derives the majority of revenue from Other segment.
38GF Score
Get the complete analysis for TPE:3308
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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