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Shihlin Electric & EngineeringTPE:1503 +5.20%93 Return-on-Tangible-Equity is 12.22% as of Jun. 2026, which is 74% above its 10-year median of 7.04. GuruFocus rates TPE:1503 with a GF Score™ of 93/100 and a GF Value™ of NT$210.09 (Fairly Valued). Among 2,983 Industrial Products companies, Shihlin Electric & Engineering ranks better than 62.72% 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. Shihlin Electric & Engineering's annualized net income for the quarter that ended in Jun. 2026 was NT$4,684 Mil. Shihlin Electric & Engineering's average shareholder tangible equity for the quarter that ended in Jun. 2026 was NT$38,330 Mil. Therefore, Shihlin Electric & Engineering's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 12.22%.
The historical rank and industry rank for Shihlin Electric & Engineering's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1503'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.83 Med: 7.04 Max: 10.19
Current: 10.19
During the past 13 years, Shihlin Electric & Engineering's highest Return-on-Tangible-Equity was 10.19%. The lowest was 5.83%. And the median was 7.04%.
TPE:1503's Return-on-Tangible-Equity is ranked better than 62.72% of 2983
companies
in the Industrial Products industry
Industry Median: 7.16
vs TPE:1503: 10.19
Shihlin Electric & Engineering (TPE:1503) 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.
Shihlin Electric & Engineering Return-on-Tangible-Equity Related Terms
Shihlin Electric & Engineering 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.
Shihlin Electric & Engineering Return-on-Tangible-Equity Chart
TPE:1503 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Shihlin Electric & Engineering'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.
Shihlin Electric & Engineering Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shihlin Electric & Engineering's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shihlin Electric & Engineering'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 12.22% mean?
Shihlin Electric & Engineering (TPE:1503) has a Return-on-Tangible-Equity of 12.22% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Shihlin Electric & Engineering and its competitors. This is 74% above median its historical median of 7.04. Over the past decade, Shihlin Electric & Engineering's Return-on-Tangible-Equity has ranged from 5.83 to 10.19. According to the industry distribution chart, Shihlin Electric & Engineering ranks #1112 out of 2983 companies in the Industrial Products industry, placing it in the top 37.3%.
Is Shihlin Electric & Engineering's Return-on-Tangible-Equity too high?
Shihlin Electric & Engineering's current Return-on-Tangible-Equity of 12.22% is 74% above median its 10-year median of 7.04. Over the past 10 years, this metric has ranged from a low of 5.83 to a high of 10.19. The Industrial Products industry median Return-on-Tangible-Equity is 7.16. Shihlin Electric & Engineering's value of 12.22% is 70.7% above this industry median. Based on the distribution chart, Shihlin Electric & Engineering ranks #1112 out of 2983 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shihlin Electric & Engineering has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shihlin Electric & Engineering's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shihlin Electric & Engineering ranks #1112 out of 2983 companies for Return-on-Tangible-Equity. This puts Shihlin Electric & Engineering in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.16. Shihlin Electric & Engineering's value of 12.22% is 70.7% above this benchmark. Historically, Shihlin Electric & Engineering's own Return-on-Tangible-Equity has ranged from 5.83 to 10.19 over the past decade. While the company's 10-year median is 7.04 vs. the industry median of 7.16, Shihlin Electric & Engineering 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 7.16, based on 2,983 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. Shihlin Electric & Engineering's current Return-on-Tangible-Equity of 12.22% is 70.7% 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 Shihlin Electric & Engineering and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shihlin Electric & Engineering's current Return-on-Tangible-Equity is 12.22%, which is 74% above median its own 10-year median of 7.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shihlin Electric & Engineering stock overvalued right now?
Based on GuruFocus' analysis, Shihlin Electric & Engineering (TPE:1503) is currently considered Fairly Valued. The stock's GF Value™ is NT$210.09, compared to a current price of NT$212.50 — trading 1.1% above its estimated fair value. The current Return-on-Tangible-Equity is 12.22%, which is 74% above median its 10-year median of 7.04 and 70.7% above the Industrial Products industry median of 7.16. Shihlin Electric & Engineering's overall GF Score™ is 93/100. 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 Shihlin Electric & Engineering (TPE:1503), the current Return-on-Tangible-Equity is 12.22% as of Jun. 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 Shihlin Electric & Engineering (TPE:1503) Overvalued in 2026?
Based on GuruFocus' analysis, Shihlin Electric & Engineering stock appears to be overvalued.
The current stock price of NT$212.50 is trading 1.1% above its estimated GF Value™ of NT$210.09.
GuruFocus considers Shihlin Electric & Engineering to be Fairly Valued.
Key valuation signals for TPE:1503:
Return-on-Tangible-Equity: 12.22% (74% above median its 10-year median of 7.04)
GF Value™: NT$210.09 vs. price of NT$212.50 (1.1% above fair value)
Industry Position: 70.7% above the Industrial Products median (#1112 of 2983)
No single metric tells the full story. See the TPE:1503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shihlin Electric & Engineering Corp is engaged in the manufacture of heavy electrical equipment, electrical machinery, electrical automotive equipment and related parts, and the sale and lease of commercial buildings. Its product portfolio comprises low-voltage switches, solar inverters, charging stations, power transformers, capacitors, switchboards, etc. The group has four reportable segments: Electric Distribution, Automobile Parts, Automation Equipment and Parts, and Other. The majority of its revenue is generated by the Electric Distribution segment, which manufactures and sells heavy electric equipment. Geographically, it generates maximum revenue from Taiwan, followed by Mainland China, Vietnam, and other regions.
93GF Score
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