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Raydium Semi-ConductorTPE:3592 86 Return-on-Tangible-Asset is 6.12% as of Mar. 2026, which is 29% below its 10-year median of 8.58. GuruFocus rates TPE:3592 with a GF Score™ of 86/100 and a GF Value™ of NT$358.34 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,027 Semiconductors companies, Raydium Semi-Conductor ranks better than 68.65% 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. Raydium Semi-Conductor's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$1,158 Mil. Raydium Semi-Conductor's average total tangible assets for the quarter that ended in Mar. 2026 was NT$18,928 Mil. Therefore, Raydium Semi-Conductor's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.12%.
The historical rank and industry rank for Raydium Semi-Conductor's Return-on-Tangible-Asset or its related term are showing as below:
TPE:3592'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.29 Med: 8.58 Max: 30.81
Current: 6.29
During the past 13 years, Raydium Semi-Conductor's highest Return-on-Tangible-Asset was 30.81%. The lowest was 6.29%. And the median was 8.58%.
TPE:3592's Return-on-Tangible-Asset is ranked better than 68.65% of 1027
companies
in the Semiconductors industry
Industry Median: 2.69
vs TPE:3592: 6.29
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.
Raydium Semi-Conductor Return-on-Tangible-Asset Related Terms
Raydium Semi-Conductor Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Raydium Semi-Conductor'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:3592 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, Raydium Semi-Conductor'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.
Raydium Semi-Conductor Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Raydium Semi-Conductor's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Raydium Semi-Conductor'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 6.12% mean?
Raydium Semi-Conductor (TPE:3592) has a Return-on-Tangible-Asset of 6.12% 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 Raydium Semi-Conductor and its competitors. This is 29% below median its historical median of 8.58. Over the past decade, Raydium Semi-Conductor's Return-on-Tangible-Asset has ranged from 6.29 to 30.81. According to the industry distribution chart, Raydium Semi-Conductor ranks #322 out of 1027 companies in the Semiconductors industry, placing it in the top 31.4%.
Is Raydium Semi-Conductor's Return-on-Tangible-Asset too high?
Raydium Semi-Conductor's current Return-on-Tangible-Asset of 6.12% is 29% below median its 10-year median of 8.58. Over the past 10 years, this metric has ranged from a low of 6.29 to a high of 30.81. The Semiconductors industry median Return-on-Tangible-Asset is 2.69. Raydium Semi-Conductor's value of 6.12% is 127.5% above this industry median. Based on the distribution chart, Raydium Semi-Conductor ranks #322 out of 1027 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Raydium Semi-Conductor has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Raydium Semi-Conductor's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Raydium Semi-Conductor ranks #322 out of 1027 companies for Return-on-Tangible-Asset. This puts Raydium Semi-Conductor in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.69. Raydium Semi-Conductor's value of 6.12% is 127.5% above this benchmark. Historically, Raydium Semi-Conductor's own Return-on-Tangible-Asset has ranged from 6.29 to 30.81 over the past decade. While the company's 10-year median is 8.58 vs. the industry median of 2.69, Raydium Semi-Conductor 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.69, based on 1,027 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. Raydium Semi-Conductor's current Return-on-Tangible-Asset of 6.12% is 127.5% 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 Raydium Semi-Conductor and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raydium Semi-Conductor's current Return-on-Tangible-Asset is 6.12%, which is 29% below median its own 10-year median of 8.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raydium Semi-Conductor stock overvalued right now?
Based on GuruFocus' analysis, Raydium Semi-Conductor (TPE:3592) is currently considered Possible Value Trap. The stock's GF Value™ is NT$358.34, compared to a current price of NT$239.00 — trading 33.3% below its estimated fair value. The current Return-on-Tangible-Asset is 6.12%, which is 29% below median its 10-year median of 8.58 and 127.5% above the Semiconductors industry median of 2.69. Raydium Semi-Conductor's overall GF Score™ is 86/100 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 Raydium Semi-Conductor (TPE:3592), the current Return-on-Tangible-Asset is 6.12% 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 Raydium Semi-Conductor (TPE:3592) Overvalued in 2026?
Based on GuruFocus' analysis, Raydium Semi-Conductor stock appears to be undervalued.
The current stock price of NT$239.00 is trading 33.3% below its estimated GF Value™ of NT$358.34.
GuruFocus considers Raydium Semi-Conductor to be Possible Value Trap.
Key valuation signals for TPE:3592:
Return-on-Tangible-Asset: 6.12% (29% below median its 10-year median of 8.58)
GF Value™: NT$358.34 vs. price of NT$239.00 (33.3% below fair value)
Industry Position: 127.5% above the Semiconductors median (#322 of 1027)
No single metric tells the full story. See the TPE:3592 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Raydium Semi-Conductor Corp is engaged in the development, design, and sale of display driver, sequential control, and power management integrated circuit products. It is an integrated circuit provider of thin film transistor-liquid crystal display, an active-matrix organic light-emitting diode (AMOLED), and low-temperature poly-silicon (LTPS) panels. Geographically, the company generates a majority of its revenue from Taiwan, and the rest from Mainland China.
86GF Score
Get the complete analysis for TPE:3592
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