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Sitronix TechnologyTPE:8016 -3.29%86 Return-on-Tangible-Asset is 9.63% as of Mar. 2026, which is 18% below its 10-year median of 11.71. GuruFocus rates TPE:8016 with a GF Score™ of 86/100 and a GF Value™ of NT$283.76 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,027 Semiconductors companies, Sitronix Technology ranks better than 74.2% 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. Sitronix Technology's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$2,167 Mil. Sitronix Technology's average total tangible assets for the quarter that ended in Mar. 2026 was NT$22,494 Mil. Therefore, Sitronix Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.63%.
The historical rank and industry rank for Sitronix Technology's Return-on-Tangible-Asset or its related term are showing as below:
TPE:8016'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.12 Med: 11.71 Max: 33
Current: 8.14
During the past 13 years, Sitronix Technology's highest Return-on-Tangible-Asset was 33.00%. The lowest was 1.12%. And the median was 11.71%.
TPE:8016's Return-on-Tangible-Asset is ranked better than 74.2% of 1027
companies
in the Semiconductors industry
Industry Median: 2.71
vs TPE:8016: 8.14
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.
Sitronix Technology Return-on-Tangible-Asset Related Terms
Sitronix Technology Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sitronix 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.
TPE:8016 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, Sitronix 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.
Sitronix Technology Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Sitronix Technology's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sitronix Technology'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 9.63% mean?
Sitronix Technology (TPE:8016) has a Return-on-Tangible-Asset of 9.63% 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 Sitronix Technology and its competitors. This is 18% below median its historical median of 11.71. Over the past decade, Sitronix Technology's Return-on-Tangible-Asset has ranged from 1.12 to 33.00. According to the industry distribution chart, Sitronix Technology ranks #265 out of 1027 companies in the Semiconductors industry, placing it in the top 25.8%.
Is Sitronix Technology's Return-on-Tangible-Asset too high?
Sitronix Technology's current Return-on-Tangible-Asset of 9.63% is 18% below median its 10-year median of 11.71. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 33.00. The Semiconductors industry median Return-on-Tangible-Asset is 2.71. Sitronix Technology's value of 9.63% is 255.4% above this industry median. Based on the distribution chart, Sitronix Technology ranks #265 out of 1027 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Sitronix Technology has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sitronix Technology's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Sitronix Technology ranks #265 out of 1027 companies for Return-on-Tangible-Asset. This puts Sitronix Technology in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.71. Sitronix Technology's value of 9.63% is 255.4% above this benchmark. Historically, Sitronix Technology's own Return-on-Tangible-Asset has ranged from 1.12 to 33.00 over the past decade. While the company's 10-year median is 11.71 vs. the industry median of 2.71, Sitronix 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.71, 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. Sitronix Technology's current Return-on-Tangible-Asset of 9.63% is 255.4% 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 Sitronix Technology and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sitronix Technology's current Return-on-Tangible-Asset is 9.63%, which is 18% below median its own 10-year median of 11.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sitronix Technology stock overvalued right now?
Based on GuruFocus' analysis, Sitronix Technology (TPE:8016) is currently considered Fairly Valued. The stock's GF Value™ is NT$283.76, compared to a current price of NT$264.50 — trading 6.8% below its estimated fair value. The current Return-on-Tangible-Asset is 9.63%, which is 18% below median its 10-year median of 11.71 and 255.4% above the Semiconductors industry median of 2.71. Sitronix Technology's overall GF Score™ is 86/100 with 4 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 Sitronix Technology (TPE:8016), the current Return-on-Tangible-Asset is 9.63% 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 Sitronix Technology (TPE:8016) Overvalued in 2026?
Based on GuruFocus' analysis, Sitronix Technology stock appears to be undervalued.
The current stock price of NT$264.50 is trading 6.8% below its estimated GF Value™ of NT$283.76.
GuruFocus considers Sitronix Technology to be Fairly Valued.
Key valuation signals for TPE:8016:
Return-on-Tangible-Asset: 9.63% (18% below median its 10-year median of 11.71)
GF Value™: NT$283.76 vs. price of NT$264.50 (6.8% below fair value)
Industry Position: 255.4% above the Semiconductors median (#265 of 1027)
No single metric tells the full story. See the TPE:8016 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sitronix Technology Corp is a Taiwan-based fabless semiconductor company that is principally engaged in developing, manufacturing, and selling display driver ICs. The company's majority of products are categorized into three types: mobile display driver ICs; industrial and automotive display driver ICs; and SoC, which refers to touch controller ICs. Its reportable segment includes: Integrated Circuits, which derives key revenue; and Others. The company's products are mainly used in entry-level mobile phones, industrial displays, and automotive systems. Geographically, the company has a business presence in Hong Kong, which is also its key revenue-generating market, Vietnam, Taiwan, South Korea, China, Germany, India, and others.
86GF Score
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