Shihlin Electric & Engineering (TPE:1503) Return-on-Tangible-Equity: 4.65% (As of Dec. 2025) — 34% Below Median


TPE:1503 Shihlin Electric & Engineering Corp TPE:1503
83 GF Score
Price NT$221.50
GF Value NT$200.21
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Shihlin Electric & Engineering Return-on-Tangible-Equity?

Shihlin Electric & Engineering TPE:1503 83 Return-on-Tangible-Equity is 4.65% as of Dec. 2025, which is 34% below its 10-year median of 7.04. GuruFocus rates TPE:1503 with a GF Score™ of 83/100 and a GF Value™ of NT$200.21 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,972 Industrial Products companies, Shihlin Electric & Engineering ranks better than 59.56% 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 Dec. 2025 was NT$1,687 Mil. Shihlin Electric & Engineering's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$36,316 Mil. Therefore, Shihlin Electric & Engineering's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 4.65%.

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: 8.91
Current: 8.91

During the past 13 years, Shihlin Electric & Engineering's highest Return-on-Tangible-Equity was 8.91%. The lowest was 5.83%. And the median was 7.04%.

TPE:1503's Return-on-Tangible-Equity is ranked better than
59.56% of 2972 companies
in the Industrial Products industry
Industry Median: 6.72 vs TPE:1503: 8.91

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

* Premium members only.

The historical data trend for Shihlin Electric & Engineering'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.

Shihlin Electric & Engineering Return-on-Tangible-Equity Chart

Shihlin Electric & Engineering 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 6.99 7.38 7.77 8.65 8.85

Shihlin Electric & Engineering 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 4.61 13.10 9.72 8.10 4.65

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.


TPE:1503
83GF Score
Shihlin Electric & Engineering Corp TPE:1503
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shihlin Electric & Engineering Return-on-Tangible-Equity Calculation

Shihlin Electric & Engineering'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 )
=3267.81/( (37537.924+36292.589 )/ 2 )
=3267.81/36915.2565
=8.85 %

Shihlin Electric & Engineering'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 )
=1687.204/( (36339.637+36292.589)/ 2 )
=1687.204/36316.113
=4.65 %

* 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 4.65% mean?
Shihlin Electric & Engineering (TPE:1503) has a Return-on-Tangible-Equity of 4.65% 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 Shihlin Electric & Engineering and its competitors. This is 34% below 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 8.91. According to the industry distribution chart, Shihlin Electric & Engineering ranks #1202 out of 2972 companies in the Industrial Products industry, placing it in the top 40.4%.
Is Shihlin Electric & Engineering's Return-on-Tangible-Equity too high?
Shihlin Electric & Engineering's current Return-on-Tangible-Equity of 4.65% is 34% below 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 8.91. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Shihlin Electric & Engineering's value of 4.65% is 30.8% below this industry median. Based on the distribution chart, Shihlin Electric & Engineering ranks #1202 out of 2972 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shihlin Electric & Engineering has a GF Score™ of 83/100 and is considered Modestly Overvalued, 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 #1202 out of 2972 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 6.72. Shihlin Electric & Engineering's value of 4.65% is 30.8% below this benchmark. Historically, Shihlin Electric & Engineering's own Return-on-Tangible-Equity has ranged from 5.83 to 8.91 over the past decade. While the company's 10-year median is 7.04 vs. the industry median of 6.72, Shihlin Electric & Engineering has consistently been below 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 6.72, based on 2,972 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 4.65% is 30.8% below 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 6.72 — 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 4.65%, which is 34% below 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 Modestly Overvalued. The stock's GF Value™ is NT$200.21, compared to a current price of NT$221.50 — trading 10.6% above its estimated fair value. The current Return-on-Tangible-Equity is 4.65%, which is 34% below median its 10-year median of 7.04 and 30.8% below the Industrial Products industry median of 6.72. Shihlin Electric & Engineering's overall GF Score™ is 83/100 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 Shihlin Electric & Engineering (TPE:1503), the current Return-on-Tangible-Equity is 4.65% 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 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$221.50 is trading 10.6% above its estimated GF Value™ of NT$200.21. GuruFocus considers Shihlin Electric & Engineering to be Modestly Overvalued.

Key valuation signals for TPE:1503:

  • Return-on-Tangible-Equity: 4.65% (34% below median its 10-year median of 7.04)
  • GF Value™: NT$200.21 vs. price of NT$221.50 (10.6% above fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 30.8% below the Industrial Products median (#1202 of 2972)

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 Business Description

Address No. 88, Zhongshan North Road, Section 6, 16th Floor, Taipei, TWN, 111
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.
83GF Score

Get the complete analysis for TPE:1503

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

NT$221.50
Price
NT$200.21
GF Value