Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
JPC connectivityTPE:6197 +1.82%76 Return-on-Tangible-Asset is 18.72% as of Mar. 2026, which is 122% above its 10-year median of 8.44. GuruFocus rates TPE:6197 with a GF Score™ of 76/100 and a GF Value™ of NT$164.76 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,499 Hardware companies, JPC connectivity ranks better than 94.8% 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. JPC connectivity's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$1,567 Mil. JPC connectivity's average total tangible assets for the quarter that ended in Mar. 2026 was NT$8,370 Mil. Therefore, JPC connectivity's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 18.72%.
The historical rank and industry rank for JPC connectivity's Return-on-Tangible-Asset or its related term are showing as below:
TPE:6197'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.89 Med: 8.44 Max: 17.65
Current: 16.02
During the past 13 years, JPC connectivity's highest Return-on-Tangible-Asset was 17.65%. The lowest was 5.89%. And the median was 8.44%.
TPE:6197's Return-on-Tangible-Asset is ranked better than 94.8% of 2499
companies
in the Hardware industry
Industry Median: 2.47
vs TPE:6197: 16.02
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.
JPC connectivity Return-on-Tangible-Asset Related Terms
JPC connectivity Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for JPC connectivity'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:6197 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, JPC connectivity'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.
JPC connectivity Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, JPC connectivity's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where JPC connectivity'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 18.72% mean?
JPC connectivity (TPE:6197) has a Return-on-Tangible-Asset of 18.72% 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 JPC connectivity and its competitors. This is 122% above median its historical median of 8.44. Over the past decade, JPC connectivity's Return-on-Tangible-Asset has ranged from 5.89 to 17.65. According to the industry distribution chart, JPC connectivity ranks #130 out of 2499 companies in the Hardware industry, placing it in the top 5.2%.
Is JPC connectivity's Return-on-Tangible-Asset too high?
JPC connectivity's current Return-on-Tangible-Asset of 18.72% is 122% above median its 10-year median of 8.44. Over the past 10 years, this metric has ranged from a low of 5.89 to a high of 17.65. The Hardware industry median Return-on-Tangible-Asset is 2.47. JPC connectivity's value of 18.72% is 657.9% above this industry median. Based on the distribution chart, JPC connectivity ranks #130 out of 2499 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, JPC connectivity has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JPC connectivity's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, JPC connectivity ranks #130 out of 2499 companies for Return-on-Tangible-Asset. This places JPC connectivity in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.47. JPC connectivity's value of 18.72% is 657.9% above this benchmark. Historically, JPC connectivity's own Return-on-Tangible-Asset has ranged from 5.89 to 17.65 over the past decade. While the company's 10-year median is 8.44 vs. the industry median of 2.47, JPC connectivity 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 2.47, based on 2,499 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. JPC connectivity's current Return-on-Tangible-Asset of 18.72% is 657.9% 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 JPC connectivity and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPC connectivity's current Return-on-Tangible-Asset is 18.72%, which is 122% above median its own 10-year median of 8.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPC connectivity stock overvalued right now?
Based on GuruFocus' analysis, JPC connectivity (TPE:6197) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$164.76, compared to a current price of NT$308.00 — trading 86.9% above its estimated fair value. The current Return-on-Tangible-Asset is 18.72%, which is 122% above median its 10-year median of 8.44 and 657.9% above the Hardware industry median of 2.47. JPC connectivity's overall GF Score™ is 76/100 with 2 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 JPC connectivity (TPE:6197), the current Return-on-Tangible-Asset is 18.72% 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 JPC connectivity (TPE:6197) Overvalued in 2026?
Based on GuruFocus' analysis, JPC connectivity stock appears to be overvalued.
The current stock price of NT$308.00 is trading 86.9% above its estimated GF Value™ of NT$164.76.
GuruFocus considers JPC connectivity to be Significantly Overvalued.
Key valuation signals for TPE:6197:
Return-on-Tangible-Asset: 18.72% (122% above median its 10-year median of 8.44)
GF Value™: NT$164.76 vs. price of NT$308.00 (86.9% above fair value)
Industry Position: 657.9% above the Hardware median (#130 of 2499)
No single metric tells the full story. See the TPE:6197 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JPC connectivity Inc is mainly engaged in the trade, import, and export of various computer software and hardware products, their peripherals, as well as other electronic products and components. The company also manufactures and wholesales wireless communication equipment and apparatus, data storage and processing equipment, wired communication equipment and apparatus, and printers. These products have applications in AI servers, high-performance computing (HPC), data centers, renewable energy, and cloud services. The company's operating segments are: Electronic products components manufacturing, which derives maximum revenue, and All others. Geographically, it derives maximum revenue from the United States, and the rest from Taiwan, China, Thailand, Japan, and other markets.
76GF Score
Get the complete analysis for TPE:6197
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:6197 has been successfully added to your 
