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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. BenQ Materials's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$-1,307 Mil. BenQ Materials's average total tangible assets for the quarter that ended in Dec. 2025 was NT$22,971 Mil. Therefore, BenQ Materials's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -5.69%.
The historical rank and industry rank for BenQ Materials's Return-on-Tangible-Asset or its related term are showing as below:
TPE:8215'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.93 Med: 2.86 Max: 10
Current: -1.61
During the past 13 years, BenQ Materials's highest Return-on-Tangible-Asset was 10.00%. The lowest was -3.93%. And the median was 2.86%.
TPE:8215's Return-on-Tangible-Asset is ranked worse than 71.24% of 2500
companies
in the Hardware industry
Industry Median: 2.47
vs TPE:8215: -1.61
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.
BenQ Materials Return-on-Tangible-Asset Related Terms
BenQ Materials Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for BenQ Materials'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:8215 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, BenQ Materials'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.
BenQ Materials Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, BenQ Materials's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where BenQ Materials'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 -5.69% mean?
BenQ Materials (TPE:8215) has a Return-on-Tangible-Asset of -5.69% 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 BenQ Materials and its competitors. According to the industry distribution chart, BenQ Materials ranks #1781 out of 2500 companies in the Hardware industry, placing it in the top 71.2%.
Is BenQ Materials' Return-on-Tangible-Asset too high?
BenQ Materials' current Return-on-Tangible-Asset is -5.69%. Based on the distribution chart, BenQ Materials ranks #1781 out of 2500 companies in the Hardware industry, which is below the industry midpoint. Overall, BenQ Materials has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BenQ Materials' Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, BenQ Materials ranks #1781 out of 2500 companies for Return-on-Tangible-Asset. This places BenQ Materials in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.47. 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 2,500 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. 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 BenQ Materials 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. BenQ Materials's current Return-on-Tangible-Asset is -5.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BenQ Materials stock overvalued right now?
Based on GuruFocus' analysis, BenQ Materials (TPE:8215) is currently considered Possible Value Trap. The stock's GF Value™ is NT$33.92, compared to a current price of NT$22.70 — trading 33.1% below its estimated fair value. The current Return-on-Tangible-Asset is -5.69%. BenQ Materials' overall GF Score™ is 69/100 with 8 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 BenQ Materials (TPE:8215), the current Return-on-Tangible-Asset is -5.69% 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 BenQ Materials (TPE:8215) Overvalued in 2026?
Based on GuruFocus' analysis, BenQ Materials stock appears to be undervalued.
The current stock price of NT$22.70 is trading 33.1% below its estimated GF Value™ of NT$33.92.
GuruFocus considers BenQ Materials to be Possible Value Trap.
Key valuation signals for TPE:8215:
Return-on-Tangible-Asset: -5.69%
GF Value™: NT$33.92 vs. price of NT$22.70 (33.1% below fair value)
No single metric tells the full story. See the TPE:8215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BenQ Materials Corp is engaged in the manufacturing and sales of film sheet products and medical equipment. Its products include polarizer films; optical films for touch panels; E-paper, industrial tapes; and smart optical films, healthcare products, including hydrocolloid dressings for moist wound management and silicone gels. The company's segments include: The film sheet segment is mainly engaged in the sales, manufacturing and research, and development of various electronic chemical membrane products; and The medical segment is involved in the sales, manufacturing, and research and development of various medical-related products. Geographically, it operates in China, which derives maximum revenue; Taiwan; Japan; United States; and Others.
69GF Score
Get the complete analysis for TPE:8215
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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