Hua Eng Wire & Cable CoTPE:1608 79 Return-on-Tangible-Equity is 13.62% as of Dec. 2025, which is 85% above its 10-year median of 7.35. GuruFocus rates TPE:1608 with a GF Score™ of 79/100 and a GF Value™ of NT$26.54 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,972 Industrial Products companies, Hua Eng Wire & Cable Co ranks better than 90.34% 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. Hua Eng Wire & Cable Co's annualized net income for the quarter that ended in Dec. 2025 was NT$1,283 Mil. Hua Eng Wire & Cable Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$9,417 Mil. Therefore, Hua Eng Wire & Cable Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 13.62%.
The historical rank and industry rank for Hua Eng Wire & Cable Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:1608'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.25 Med: 7.35 Max: 27.66
Current: 27.66
During the past 13 years, Hua Eng Wire & Cable Co's highest Return-on-Tangible-Equity was 27.66%. The lowest was -9.25%. And the median was 7.35%.
TPE:1608's Return-on-Tangible-Equity is ranked better than 90.34% of 2972
companies
in the Industrial Products industry
Industry Median: 6.72
vs TPE:1608: 27.66
Hua Eng Wire & Cable Co (TPE:1608) 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.
Hua Eng Wire & Cable Co Return-on-Tangible-Equity Related Terms
Hua Eng Wire & Cable Co Return-on-Tangible-Equity Historical Data
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The historical data trend for Hua Eng Wire & Cable Co'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.
Hua Eng Wire & Cable Co Return-on-Tangible-Equity Chart
TPE:1608 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Hua Eng Wire & Cable Co'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.
Hua Eng Wire & Cable Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hua Eng Wire & Cable Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hua Eng Wire & Cable Co'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 13.62% mean?
Hua Eng Wire & Cable Co (TPE:1608) has a Return-on-Tangible-Equity of 13.62% 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 Hua Eng Wire & Cable Co and its competitors. This is 85% above median its historical median of 7.35. According to the industry distribution chart, Hua Eng Wire & Cable Co ranks #287 out of 2972 companies in the Industrial Products industry, placing it in the top 9.7%.
Is Hua Eng Wire & Cable Co's Return-on-Tangible-Equity too high?
Hua Eng Wire & Cable Co's current Return-on-Tangible-Equity of 13.62% is 85% above median its 10-year median of 7.35. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Hua Eng Wire & Cable Co's value of 13.62% is 102.7% above this industry median. Based on the distribution chart, Hua Eng Wire & Cable Co ranks #287 out of 2972 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Hua Eng Wire & Cable Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hua Eng Wire & Cable Co's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hua Eng Wire & Cable Co ranks #287 out of 2972 companies for Return-on-Tangible-Equity. This places Hua Eng Wire & Cable Co in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. Hua Eng Wire & Cable Co's value of 13.62% is 102.7% above this benchmark. While the company's 10-year median is 7.35 vs. the industry median of 6.72, Hua Eng Wire & Cable Co 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 6.72, 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. Hua Eng Wire & Cable Co's current Return-on-Tangible-Equity of 13.62% is 102.7% 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 Hua Eng Wire & Cable Co 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. Hua Eng Wire & Cable Co's current Return-on-Tangible-Equity is 13.62%, which is 85% above median its own 10-year median of 7.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hua Eng Wire & Cable Co stock overvalued right now?
Based on GuruFocus' analysis, Hua Eng Wire & Cable Co (TPE:1608) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$26.54, compared to a current price of NT$34.05 — trading 28.3% above its estimated fair value. The current Return-on-Tangible-Equity is 13.62%, which is 85% above median its 10-year median of 7.35 and 102.7% above the Industrial Products industry median of 6.72. Hua Eng Wire & Cable Co's overall GF Score™ is 79/100 with 2 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 Hua Eng Wire & Cable Co (TPE:1608), the current Return-on-Tangible-Equity is 13.62% 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 Hua Eng Wire & Cable Co (TPE:1608) Overvalued in 2026?
Based on GuruFocus' analysis, Hua Eng Wire & Cable Co stock appears to be overvalued.
The current stock price of NT$34.05 is trading 28.3% above its estimated GF Value™ of NT$26.54.
GuruFocus considers Hua Eng Wire & Cable Co to be Modestly Overvalued.
Key valuation signals for TPE:1608:
Return-on-Tangible-Equity: 13.62% (85% above median its 10-year median of 7.35)
GF Value™: NT$26.54 vs. price of NT$34.05 (28.3% above fair value)
Industry Position: 102.7% above the Industrial Products median (#287 of 2972)
No single metric tells the full story. See the TPE:1608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hua Eng Wire & Cable Co Ltd is engaged in the processing, manufacture, sale and construction of wire, cable and copper products. The company operates through three segments: Wire, Cable, and Copper. The Wire segment is responsible for producing oxygen-free copper wire and related products. The Cable segment, on the other hand, focuses on producing power cables, communication cables, and optical fiber cables. The company's Copper segment is engaged in producing copper plate. The company's other reportable segments are mainly involved in project contracting and material trading. The Cable segment generates the majority of the company's revenue. Geographically the company generates revenue from Taiwan, which contributes key revenue, Mainland China, and Others.
79GF Score
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