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.
Advanced Power ElectronicsTPE:8261 -7.66%71 Return-on-Tangible-Asset is 11.01% as of Mar. 2026, which is 39% above its 10-year median of 7.91. GuruFocus rates TPE:8261 with a GF Score™ of 71/100 and a GF Value™ of NT$96.88 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,028 Semiconductors companies, Advanced Power Electronics ranks better than 80.35% 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. Advanced Power Electronics's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$745 Mil. Advanced Power Electronics's average total tangible assets for the quarter that ended in Mar. 2026 was NT$6,769 Mil. Therefore, Advanced Power Electronics's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.01%.
The historical rank and industry rank for Advanced Power Electronics's Return-on-Tangible-Asset or its related term are showing as below:
TPE:8261'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.14 Med: 7.91 Max: 20.69
Current: 10.49
During the past 13 years, Advanced Power Electronics's highest Return-on-Tangible-Asset was 20.69%. The lowest was 2.14%. And the median was 7.91%.
TPE:8261's Return-on-Tangible-Asset is ranked better than 80.35% of 1028
companies
in the Semiconductors industry
Industry Median: 2.685
vs TPE:8261: 10.49
Advanced Power Electronics (TPE:8261) 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.
Advanced Power Electronics Return-on-Tangible-Asset Related Terms
Advanced Power Electronics 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.
Advanced Power Electronics Return-on-Tangible-Asset Chart
TPE:8261 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, Advanced Power Electronics'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.
Advanced Power Electronics Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Advanced Power Electronics's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Advanced Power Electronics'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 11.01% mean?
Advanced Power Electronics (TPE:8261) has a Return-on-Tangible-Asset of 11.01% 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 Advanced Power Electronics and its competitors. This is 39% above median its historical median of 7.91. Over the past decade, Advanced Power Electronics' Return-on-Tangible-Asset has ranged from 2.14 to 20.69. According to the industry distribution chart, Advanced Power Electronics ranks #202 out of 1028 companies in the Semiconductors industry, placing it in the top 19.6%.
Is Advanced Power Electronics' Return-on-Tangible-Asset too high?
Advanced Power Electronics' current Return-on-Tangible-Asset of 11.01% is 39% above median its 10-year median of 7.91. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 20.69. The Semiconductors industry median Return-on-Tangible-Asset is 2.69. Advanced Power Electronics' value of 11.01% is 310.1% above this industry median. Based on the distribution chart, Advanced Power Electronics ranks #202 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Advanced Power Electronics has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Power Electronics' Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Advanced Power Electronics ranks #202 out of 1028 companies for Return-on-Tangible-Asset. This places Advanced Power Electronics in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.69. Advanced Power Electronics' value of 11.01% is 310.1% above this benchmark. Historically, Advanced Power Electronics' own Return-on-Tangible-Asset has ranged from 2.14 to 20.69 over the past decade. While the company's 10-year median is 7.91 vs. the industry median of 2.69, Advanced Power Electronics 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 1,028 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. Advanced Power Electronics's current Return-on-Tangible-Asset of 11.01% is 310.1% 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 Advanced Power Electronics 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. Advanced Power Electronics's current Return-on-Tangible-Asset is 11.01%, which is 39% above median its own 10-year median of 7.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Power Electronics stock overvalued right now?
Based on GuruFocus' analysis, Advanced Power Electronics (TPE:8261) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$96.88, compared to a current price of NT$217.00 — trading 124% above its estimated fair value. The current Return-on-Tangible-Asset is 11.01%, which is 39% above median its 10-year median of 7.91 and 310.1% above the Semiconductors industry median of 2.69. Advanced Power Electronics' overall GF Score™ is 71/100 with 1 warning sign 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 Advanced Power Electronics (TPE:8261), the current Return-on-Tangible-Asset is 11.01% 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 Advanced Power Electronics (TPE:8261) Overvalued in 2026?
Based on GuruFocus' analysis, Advanced Power Electronics stock appears to be overvalued.
The current stock price of NT$217.00 is trading 124% above its estimated GF Value™ of NT$96.88.
GuruFocus considers Advanced Power Electronics to be Significantly Overvalued.
Key valuation signals for TPE:8261:
Return-on-Tangible-Asset: 11.01% (39% above median its 10-year median of 7.91)
GF Value™: NT$96.88 vs. price of NT$217.00 (124% above fair value)
Industry Position: 310.1% above the Semiconductors median (#202 of 1028)
No single metric tells the full story. See the TPE:8261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advanced Power Electronics Corp, formerly Advance Power Electronics Co Ltd provides total solutions for new power requirements in MOSFETs, and IGBTs in Taiwan. It is mainly engaged in mainly deals with the design, testing, and trading, among others, of electronic elements, such as integrated circuits and semi-conductors. Geographically, the company operates in Taiwan, China and Others, of which it derives maximum revenue from Taiwan. The products of the company include: Power Mosfets; Super Junction; and Automotive. The company's products are broadly applied in the computing, consumer electronics, display, communications and industrial segments.
71GF Score
Get the complete analysis for TPE:8261
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:8261 has been successfully added to your 
