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Litemax ElectronicsROCO:4995 +9.95%86 Return-on-Tangible-Equity is 27.62% as of Dec. 2025, which is 41% above its 10-year median of 19.62. GuruFocus rates ROCO:4995 with a GF Score™ of 86/100 and a GF Value™ of NT$48.97 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,384 Hardware companies, Litemax Electronics ranks better than 73.83% 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. Litemax Electronics's annualized net income for the quarter that ended in Dec. 2025 was NT$208 Mil. Litemax Electronics's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$752 Mil. Therefore, Litemax Electronics's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 27.62%.
The historical rank and industry rank for Litemax Electronics's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:4995'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.08 Med: 19.62 Max: 28.28
Current: 12.76
During the past 13 years, Litemax Electronics's highest Return-on-Tangible-Equity was 28.28%. The lowest was 10.08%. And the median was 19.62%.
ROCO:4995's Return-on-Tangible-Equity is ranked better than 73.83% of 2384
companies
in the Hardware industry
Industry Median: 5.33
vs ROCO:4995: 12.76
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.
Litemax Electronics Return-on-Tangible-Equity Related Terms
Litemax Electronics Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Litemax Electronics's Return-on-Tangible-Equity 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.
ROCO:4995 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Litemax Electronics'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.
Litemax Electronics Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Litemax Electronics's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Litemax Electronics'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 four times the quarterly (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 27.62% mean?
Litemax Electronics (ROCO:4995) has a Return-on-Tangible-Equity of 27.62% 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 Litemax Electronics and its competitors. This is 41% above median its historical median of 19.62. Over the past decade, Litemax Electronics' Return-on-Tangible-Equity has ranged from 10.08 to 28.28. According to the industry distribution chart, Litemax Electronics ranks #624 out of 2384 companies in the Hardware industry, placing it in the top 26.2%.
Is Litemax Electronics' Return-on-Tangible-Equity too high?
Litemax Electronics' current Return-on-Tangible-Equity of 27.62% is 41% above median its 10-year median of 19.62. Over the past 10 years, this metric has ranged from a low of 10.08 to a high of 28.28. The Hardware industry median Return-on-Tangible-Equity is 5.33. Litemax Electronics' value of 27.62% is 418.2% above this industry median. Based on the distribution chart, Litemax Electronics ranks #624 out of 2384 companies in the Hardware industry, which is above the industry midpoint. Overall, Litemax Electronics has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Litemax Electronics' Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Litemax Electronics ranks #624 out of 2384 companies for Return-on-Tangible-Equity. This puts Litemax Electronics in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.33. Litemax Electronics' value of 27.62% is 418.2% above this benchmark. Historically, Litemax Electronics' own Return-on-Tangible-Equity has ranged from 10.08 to 28.28 over the past decade. While the company's 10-year median is 19.62 vs. the industry median of 5.33, Litemax 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-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.33, based on 2,384 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. Litemax Electronics's current Return-on-Tangible-Equity of 27.62% is 418.2% 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 Litemax Electronics and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Litemax Electronics's current Return-on-Tangible-Equity is 27.62%, which is 41% above median its own 10-year median of 19.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Litemax Electronics stock overvalued right now?
Based on GuruFocus' analysis, Litemax Electronics (ROCO:4995) is currently considered Fairly Valued. The stock's GF Value™ is NT$48.97, compared to a current price of NT$50.30 — trading 2.7% above its estimated fair value. The current Return-on-Tangible-Equity is 27.62%, which is 41% above median its 10-year median of 19.62 and 418.2% above the Hardware industry median of 5.33. Litemax Electronics' overall GF Score™ is 86/100 with 5 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 Litemax Electronics (ROCO:4995), the current Return-on-Tangible-Equity is 27.62% 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 Litemax Electronics (ROCO:4995) Overvalued in 2026?
Based on GuruFocus' analysis, Litemax Electronics stock appears to be overvalued.
The current stock price of NT$50.30 is trading 2.7% above its estimated GF Value™ of NT$48.97.
GuruFocus considers Litemax Electronics to be Fairly Valued.
Key valuation signals for ROCO:4995:
Return-on-Tangible-Equity: 27.62% (41% above median its 10-year median of 19.62)
GF Value™: NT$48.97 vs. price of NT$50.30 (2.7% above fair value)
Industry Position: 418.2% above the Hardware median (#624 of 2384)
No single metric tells the full story. See the ROCO:4995 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Litemax Electronics Inc is engaged in research, development, manufacturing and selling high-brightness LCD panels and LCD monitors. The company's products are used in marine; gaming; military and defence; industrial; transportation; digital signage, heavy duty, and other markets. Some of its products include Spanpixel - Resizing LCDs, Durapixel - Sunlight readable LCDs, Navpixel - Marine Computing, Embedded Motherboards, Waterproof Panel PCs, Intel Smart Display Module Panel PC, HDMI Daisy Chain Board, and others. Geographically, it derives a majority of its revenue from America and also has a presence in Asia and Europe.
86GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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