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The historical rank and industry rank for Global Lighting Technologies's Return-on-Tangible-Asset or its related term are showing as below:
TPE:4935'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.67 Med: 4.42 Max: 12.17
Current: 1.73
During the past 13 years, Global Lighting Technologies's highest Return-on-Tangible-Asset was 12.17%. The lowest was 1.67%. And the median was 4.42%.
TPE:4935's Return-on-Tangible-Asset is ranked worse than 55.3% of 2501
companies
in the Hardware industry
Industry Median: 2.44
vs TPE:4935: 1.73
Global Lighting Technologies (TPE:4935) 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.
Global Lighting Technologies Return-on-Tangible-Asset Related Terms
Global Lighting Technologies 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.
Global Lighting Technologies Return-on-Tangible-Asset Chart
TPE:4935 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Global Lighting Technologies'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.
Global Lighting Technologies Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Global Lighting Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Global Lighting Technologies'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 2.05% mean?
Global Lighting Technologies (TPE:4935) has a Return-on-Tangible-Asset of 2.05% 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 Global Lighting Technologies and its competitors. This is 54% below median its historical median of 4.42. Over the past decade, Global Lighting Technologies' Return-on-Tangible-Asset has ranged from 1.67 to 12.17. According to the industry distribution chart, Global Lighting Technologies ranks #1383 out of 2501 companies in the Hardware industry, placing it in the top 55.3%.
Is Global Lighting Technologies' Return-on-Tangible-Asset too high?
Global Lighting Technologies' current Return-on-Tangible-Asset of 2.05% is 54% below median its 10-year median of 4.42. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 12.17. The Hardware industry median Return-on-Tangible-Asset is 2.44. Global Lighting Technologies' value of 2.05% is 16% below this industry median. Based on the distribution chart, Global Lighting Technologies ranks #1383 out of 2501 companies in the Hardware industry, which is below the industry midpoint. Overall, Global Lighting Technologies has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Lighting Technologies' Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Global Lighting Technologies ranks #1383 out of 2501 companies for Return-on-Tangible-Asset. This places Global Lighting Technologies in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.44. Global Lighting Technologies' value of 2.05% is 16% below this benchmark. Historically, Global Lighting Technologies' own Return-on-Tangible-Asset has ranged from 1.67 to 12.17 over the past decade. While the company's 10-year median is 4.42 vs. the industry median of 2.44, Global Lighting Technologies 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 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. Global Lighting Technologies's current Return-on-Tangible-Asset of 2.05% is 16% 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 Global Lighting Technologies 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. Global Lighting Technologies's current Return-on-Tangible-Asset is 2.05%, which is 54% below median its own 10-year median of 4.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Lighting Technologies stock overvalued right now?
Based on GuruFocus' analysis, Global Lighting Technologies (TPE:4935) is currently considered Fairly Valued. The stock's GF Value™ is NT$33.16, compared to a current price of NT$35.00 — trading 5.5% above its estimated fair value. The current Return-on-Tangible-Asset is 2.05%, which is 54% below median its 10-year median of 4.42 and 16% below the Hardware industry median of 2.44. Global Lighting Technologies' overall GF Score™ is 77/100 with 6 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 Global Lighting Technologies (TPE:4935), the current Return-on-Tangible-Asset is 2.05% 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 Global Lighting Technologies (TPE:4935) Overvalued in 2026?
Based on GuruFocus' analysis, Global Lighting Technologies stock appears to be overvalued.
The current stock price of NT$35.00 is trading 5.5% above its estimated GF Value™ of NT$33.16.
GuruFocus considers Global Lighting Technologies to be Fairly Valued.
Key valuation signals for TPE:4935:
Return-on-Tangible-Asset: 2.05% (54% below median its 10-year median of 4.42)
GF Value™: NT$33.16 vs. price of NT$35.00 (5.5% above fair value)
Industry Position: 16% below the Hardware median (#1383 of 2501)
No single metric tells the full story. See the TPE:4935 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Lighting Technologies Inc is engaged in the design, manufacturing, and sales of applications of light guide plates, the development of optical molds, and the manufacturing and sales of plastic components. The company has two reportable segments: the Department of light guide plates applications, which derives key revenue, provides the service of manufacturing and sales of related application products such as light guide plates; and the Department of plastic components, which provides the service of design, manufacturing, and sales of plastic components. Geographically, the company operates in Asia, America, and other regions, out of which it earns maximum revenue from Asia.
77GF Score
Get the complete analysis for TPE:4935
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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