Accton TechnologyTPE:2345 89 Return-on-Tangible-Equity is 63.42% as of Dec. 2025, which is 66% above its 10-year median of 38.29. GuruFocus rates TPE:2345 with a GF Score™ of 89/100 and a GF Value™ of NT$1,797.21 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,387 Hardware companies, Accton Technology ranks better than 96.02% 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. Accton Technology's annualized net income for the quarter that ended in Dec. 2025 was NT$33,424 Mil. Accton Technology's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$52,705 Mil. Therefore, Accton Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 63.42%.
The historical rank and industry rank for Accton Technology's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2345'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 22.47 Med: 38.29 Max: 60.47
Current: 60.47
During the past 13 years, Accton Technology's highest Return-on-Tangible-Equity was 60.47%. The lowest was 22.47%. And the median was 38.29%.
TPE:2345's Return-on-Tangible-Equity is ranked better than 96.02% of 2387
companies
in the Hardware industry
Industry Median: 5.28
vs TPE:2345: 60.47
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.
Accton Technology Return-on-Tangible-Equity Related Terms
Accton Technology Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Accton Technology'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.
TPE:2345 vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Accton Technology'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.
Accton Technology Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Accton Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Accton Technology'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 63.42% mean?
Accton Technology (TPE:2345) has a Return-on-Tangible-Equity of 63.42% 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 Accton Technology and its competitors. This is 66% above median its historical median of 38.29. Over the past decade, Accton Technology's Return-on-Tangible-Equity has ranged from 22.47 to 60.47. According to the industry distribution chart, Accton Technology ranks #95 out of 2387 companies in the Hardware industry, placing it in the top 4%.
Is Accton Technology's Return-on-Tangible-Equity too high?
Accton Technology's current Return-on-Tangible-Equity of 63.42% is 66% above median its 10-year median of 38.29. Over the past 10 years, this metric has ranged from a low of 22.47 to a high of 60.47. The Hardware industry median Return-on-Tangible-Equity is 5.28. Accton Technology's value of 63.42% is 1101.1% above this industry median. Based on the distribution chart, Accton Technology ranks #95 out of 2387 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Accton Technology has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Accton Technology's Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Accton Technology ranks #95 out of 2387 companies for Return-on-Tangible-Equity. This places Accton Technology in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.28. Accton Technology's value of 63.42% is 1101.1% above this benchmark. Historically, Accton Technology's own Return-on-Tangible-Equity has ranged from 22.47 to 60.47 over the past decade. While the company's 10-year median is 38.29 vs. the industry median of 5.28, Accton Technology 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 5.28, based on 2,387 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. Accton Technology's current Return-on-Tangible-Equity of 63.42% is 1101.1% 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 Accton Technology and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accton Technology's current Return-on-Tangible-Equity is 63.42%, which is 66% above median its own 10-year median of 38.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accton Technology stock overvalued right now?
Based on GuruFocus' analysis, Accton Technology (TPE:2345) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,797.21, compared to a current price of NT$2,470.00 — trading 37.4% above its estimated fair value. The current Return-on-Tangible-Equity is 63.42%, which is 66% above median its 10-year median of 38.29 and 1101.1% above the Hardware industry median of 5.28. Accton Technology's overall GF Score™ is 89/100 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 Accton Technology (TPE:2345), the current Return-on-Tangible-Equity is 63.42% 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 Accton Technology (TPE:2345) Overvalued in 2026?
Based on GuruFocus' analysis, Accton Technology stock appears to be overvalued.
The current stock price of NT$2,470.00 is trading 37.4% above its estimated GF Value™ of NT$1,797.21.
GuruFocus considers Accton Technology to be Significantly Overvalued.
Key valuation signals for TPE:2345:
Return-on-Tangible-Equity: 63.42% (66% above median its 10-year median of 38.29)
GF Value™: NT$1,797.21 vs. price of NT$2,470.00 (37.4% above fair value)
Industry Position: 1101.1% above the Hardware median (#95 of 2387)
No single metric tells the full story. See the TPE:2345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Accton Technology Corp develops, manufactures, and sells high-quality products for computer network systems and wireless land area network (LAN) hardware and software products and renders related technical consulting and engineering design services. The products and services offered by the company are Switch, Network Application, Metro Access Switch, Other, and Wireless. The company generates the majority of its revenue from Network Application sales.
89GF Score
Get the complete analysis for TPE:2345
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2345 has been successfully added to your 
