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.
Time Interconnect TechnologyFRA:M4D -0.60%56 Return-on-Tangible-Equity is 40.84% as of Dec. 2025, which is 45% above its 10-year median of 28.22. GuruFocus rates FRA:M4D with a GF Score™ of 56/100 and a GF Value™ of €0.84 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,973 Industrial Products companies, Time Interconnect Technology ranks better than 93.31% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Time Interconnect Technology's annualized net income for the quarter that ended in Dec. 2025 was €103 Mil. Time Interconnect Technology's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €252 Mil. Therefore, Time Interconnect Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 40.84%.
The historical rank and industry rank for Time Interconnect Technology's Return-on-Tangible-Equity or its related term are showing as below:
FRA:M4D'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.71 Med: 28.22 Max: 51.87
Current: 37.97
During the past 11 years, Time Interconnect Technology's highest Return-on-Tangible-Equity was 51.87%. The lowest was 13.71%. And the median was 28.22%.
FRA:M4D's Return-on-Tangible-Equity is ranked better than 93.31% of 2973
companies
in the Industrial Products industry
Industry Median: 6.87
vs FRA:M4D: 37.97
Time Interconnect Technology (FRA:M4D) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Time Interconnect Technology Return-on-Tangible-Equity Related Terms
Time Interconnect Technology Return-on-Tangible-Equity 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.
Time Interconnect Technology Return-on-Tangible-Equity Chart
FRA:M4D vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Time Interconnect Technology's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Time Interconnect Technology Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Time Interconnect Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Time Interconnect Technology's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 40.84% mean?
Time Interconnect Technology (FRA:M4D) has a Return-on-Tangible-Equity of 40.84% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Time Interconnect Technology and its competitors. This is 45% above median its historical median of 28.22. Over the past decade, Time Interconnect Technology's Return-on-Tangible-Equity has ranged from 13.71 to 51.87. According to the industry distribution chart, Time Interconnect Technology ranks #199 out of 2973 companies in the Industrial Products industry, placing it in the top 6.7%.
Is Time Interconnect Technology's Return-on-Tangible-Equity too high?
Time Interconnect Technology's current Return-on-Tangible-Equity of 40.84% is 45% above median its 10-year median of 28.22. Over the past 10 years, this metric has ranged from a low of 13.71 to a high of 51.87. The Industrial Products industry median Return-on-Tangible-Equity is 6.87. Time Interconnect Technology's value of 40.84% is 494.5% above this industry median. Based on the distribution chart, Time Interconnect Technology ranks #199 out of 2973 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Time Interconnect Technology has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Time Interconnect Technology's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Time Interconnect Technology ranks #199 out of 2973 companies for Return-on-Tangible-Equity. This places Time Interconnect Technology in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.87. Time Interconnect Technology's value of 40.84% is 494.5% above this benchmark. Historically, Time Interconnect Technology's own Return-on-Tangible-Equity has ranged from 13.71 to 51.87 over the past decade. While the company's 10-year median is 28.22 vs. the industry median of 6.87, Time Interconnect 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-Equity for an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.87, based on 2,973 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Time Interconnect Technology's current Return-on-Tangible-Equity of 40.84% is 494.5% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Time Interconnect Technology and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Time Interconnect Technology's current Return-on-Tangible-Equity is 40.84%, which is 45% above median its own 10-year median of 28.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Time Interconnect Technology stock overvalued right now?
Based on GuruFocus' analysis, Time Interconnect Technology (FRA:M4D) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.84, compared to a current price of €1.65 — trading 96.4% above its estimated fair value. The current Return-on-Tangible-Equity is 40.84%, which is 45% above median its 10-year median of 28.22 and 494.5% above the Industrial Products industry median of 6.87. Time Interconnect Technology's overall GF Score™ is 56/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Time Interconnect Technology (FRA:M4D), the current Return-on-Tangible-Equity is 40.84% 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 Time Interconnect Technology (FRA:M4D) Overvalued in 2026?
Based on GuruFocus' analysis, Time Interconnect Technology stock appears to be overvalued.
The current stock price of €1.65 is trading 96.4% above its estimated GF Value™ of €0.84.
GuruFocus considers Time Interconnect Technology to be Significantly Overvalued.
Key valuation signals for FRA:M4D:
Return-on-Tangible-Equity: 40.84% (45% above median its 10-year median of 28.22)
GF Value™: €0.84 vs. price of €1.65 (96.4% above fair value)
Industry Position: 494.5% above the Industrial Products median (#199 of 2973)
No single metric tells the full story. See the FRA:M4D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Time Interconnect Technology Ltd is an investment holding company. The Group currently manufactures and supplies a wide variety of copper & optical fiber cable assemblies, digital cable products, copper wire products, medical products, and servers, which are produced to the specifications and designs of its individual customer partners. The firm is organized into its four operating divisions: Cable assembly, Digital cables, Copper wire, and Server. The company generates revenue from the Server segment, which includes the manufacturing and trading of server products. Its geographic areas are Mainland China, America, Asia, Europe, and Others. The company serves Telecommunication, Data Center, Automotive, Medical equipment, and Industrial equipment sectors.
56GF Score
Get the complete analysis for FRA:M4D
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:M4D has been successfully added to your 
