Anpec Electronics (ROCO:6138) Return-on-Tangible-Equity: 29.32% (As of Dec. 2025) — 46% Above Median

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ROCO:6138 Anpec Electronics Corp ROCO:6138
75 GF Score
Price NT$333.00
GF Value NT$233.37
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Anpec Electronics Return-on-Tangible-Equity?

Anpec Electronics ROCO:6138 +3.10% 75 Return-on-Tangible-Equity is 29.32% as of Dec. 2025, which is 46% above its 10-year median of 20.14. GuruFocus rates ROCO:6138 with a GF Score™ of 75/100 and a GF Value™ of NT$233.37 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 985 Semiconductors companies, Anpec Electronics ranks better than 89.44% 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. Anpec Electronics's annualized net income for the quarter that ended in Dec. 2025 was NT$1,101 Mil. Anpec Electronics's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$3,757 Mil. Therefore, Anpec Electronics's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 29.32%.

The historical rank and industry rank for Anpec Electronics's Return-on-Tangible-Equity or its related term are showing as below:

ROCO:6138' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.19   Med: 20.14   Max: 35.86
Current: 27.25

During the past 13 years, Anpec Electronics's highest Return-on-Tangible-Equity was 35.86%. The lowest was 11.19%. And the median was 20.14%.

ROCO:6138's Return-on-Tangible-Equity is ranked better than
89.44% of 985 companies
in the Semiconductors industry
Industry Median: 5.31 vs ROCO:6138: 27.25

Anpec Electronics  (ROCO:6138) 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.


Anpec Electronics Return-on-Tangible-Equity Related Terms


Anpec Electronics Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Anpec 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.

Anpec Electronics Return-on-Tangible-Equity Chart

Anpec Electronics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.86 31.15 15.85 21.45 25.54

Anpec Electronics Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.15 22.90 24.61 33.49 29.32

ROCO:6138 vs NVDA, AVGO, MU: Return-on-Tangible-Equity Comparison

For the Semiconductors subindustry, Anpec 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.


Anpec Electronics Return-on-Tangible-Equity vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Anpec Electronics's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Anpec Electronics's Return-on-Tangible-Equity falls into.


ROCO:6138
75GF Score
Anpec Electronics Corp ROCO:6138
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anpec Electronics Return-on-Tangible-Equity Calculation

Anpec Electronics's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=951.236/( (3545.873+3903.733 )/ 2 )
=951.236/3724.803
=25.54 %

Anpec Electronics's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=1101.48/( (3610.695+3903.733)/ 2 )
=1101.48/3757.214
=29.32 %

* 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 29.32% mean?
Anpec Electronics (ROCO:6138) has a Return-on-Tangible-Equity of 29.32% 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 Anpec Electronics and its competitors. This is 46% above median its historical median of 20.14. Over the past decade, Anpec Electronics' Return-on-Tangible-Equity has ranged from 11.19 to 35.86. According to the industry distribution chart, Anpec Electronics ranks #104 out of 985 companies in the Semiconductors industry, placing it in the top 10.6%.
Is Anpec Electronics' Return-on-Tangible-Equity too high?
Anpec Electronics' current Return-on-Tangible-Equity of 29.32% is 46% above median its 10-year median of 20.14. Over the past 10 years, this metric has ranged from a low of 11.19 to a high of 35.86. The Semiconductors industry median Return-on-Tangible-Equity is 5.31. Anpec Electronics' value of 29.32% is 452.2% above this industry median. Based on the distribution chart, Anpec Electronics ranks #104 out of 985 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Anpec Electronics has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anpec Electronics' Return-on-Tangible-Equity compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Anpec Electronics ranks #104 out of 985 companies for Return-on-Tangible-Equity. This places Anpec Electronics in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.31. Anpec Electronics' value of 29.32% is 452.2% above this benchmark. Historically, Anpec Electronics' own Return-on-Tangible-Equity has ranged from 11.19 to 35.86 over the past decade. While the company's 10-year median is 20.14 vs. the industry median of 5.31, Anpec 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.31, based on 985 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. Anpec Electronics's current Return-on-Tangible-Equity of 29.32% is 452.2% 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 Anpec Electronics and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anpec Electronics's current Return-on-Tangible-Equity is 29.32%, which is 46% above median its own 10-year median of 20.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anpec Electronics stock overvalued right now?
Based on GuruFocus' analysis, Anpec Electronics (ROCO:6138) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$233.37, compared to a current price of NT$333.00 — trading 42.7% above its estimated fair value. The current Return-on-Tangible-Equity is 29.32%, which is 46% above median its 10-year median of 20.14 and 452.2% above the Semiconductors industry median of 5.31. Anpec Electronics' overall GF Score™ is 75/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Anpec Electronics (ROCO:6138), the current Return-on-Tangible-Equity is 29.32% 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 Anpec Electronics (ROCO:6138) Overvalued in 2026?

Based on GuruFocus' analysis, Anpec Electronics stock appears to be overvalued. The current stock price of NT$333.00 is trading 42.7% above its estimated GF Value™ of NT$233.37. GuruFocus considers Anpec Electronics to be Significantly Overvalued.

Key valuation signals for ROCO:6138:

  • Return-on-Tangible-Equity: 29.32% (46% above median its 10-year median of 20.14)
  • GF Value™: NT$233.37 vs. price of NT$333.00 (42.7% above fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 452.2% above the Semiconductors median (#104 of 985)

No single metric tells the full story. See the ROCO:6138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anpec Electronics Business Description

Address No. 6 Duxing 1st Road, Hsinchu Science Park, Hsin-Chu, TWN, 300096
Anpec Electronics Corp is developing technologies across various application fields, delivering high-quality and high-performance products that enhance the added value of customer's end products. The company has expanded into diverse technology areas, including Power and Battery Management, Fan and Motor Drivers, High-Speed Signal Processing, and Sensors. Its main application domains are broad, covering Personal Computers, Servers and Data Centers, Memory and Storage Devices, Networking and Communications, Power Supplies, Security Surveillance, Cooling Fans, Motors, Home Appliances, Industrial Applications, and Automotive Electronics.
75GF Score

Get the complete analysis for ROCO:6138

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$333.00
Price
NT$233.37
GF Value