Twinhead International (TPE:2364) Return-on-Tangible-Equity: 27.32% (As of Dec. 2025) — 208% Above Median


TPE:2364 Twinhead International Corp TPE:2364
87 GF Score
Price NT$68.00
GF Value NT$83.08
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Twinhead International Return-on-Tangible-Equity?

Twinhead International TPE:2364 87 Return-on-Tangible-Equity is 27.32% as of Dec. 2025, which is 208% above its 10-year median of 8.86. GuruFocus rates TPE:2364 with a GF Score™ of 87/100 and a GF Value™ of NT$83.08 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,387 Hardware companies, Twinhead International ranks better than 92.29% 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. Twinhead International's annualized net income for the quarter that ended in Dec. 2025 was NT$222 Mil. Twinhead International's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$811 Mil. Therefore, Twinhead International's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 27.32%.

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

TPE:2364' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -45.43   Med: 8.86   Max: 30.65
Current: 30.47

During the past 13 years, Twinhead International's highest Return-on-Tangible-Equity was 30.65%. The lowest was -45.43%. And the median was 8.86%.

TPE:2364's Return-on-Tangible-Equity is ranked better than
92.29% of 2387 companies
in the Hardware industry
Industry Median: 5.28 vs TPE:2364: 30.47

Twinhead International  (TPE:2364) 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.


Twinhead International Return-on-Tangible-Equity Related Terms


Twinhead International Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Twinhead International'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.

Twinhead International Return-on-Tangible-Equity Chart

Twinhead International 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 9.86 24.61 27.25 30.65 30.11

Twinhead International 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 20.98 36.02 6.61 51.58 27.32

TPE:2364 vs SNDK, DELL, STX: Return-on-Tangible-Equity Comparison

For the Computer Hardware subindustry, Twinhead International'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.


Twinhead International Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Twinhead International's Return-on-Tangible-Equity distribution charts can be found below:

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


TPE:2364
87GF Score
Twinhead International Corp TPE:2364
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Twinhead International Return-on-Tangible-Equity Calculation

Twinhead International'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 )
=220.019/( (621.556+839.87 )/ 2 )
=220.019/730.713
=30.11 %

Twinhead International'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 )
=221.708/( (782.882+839.87)/ 2 )
=221.708/811.376
=27.32 %

* 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 27.32% mean?
Twinhead International (TPE:2364) has a Return-on-Tangible-Equity of 27.32% 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 Twinhead International and its competitors. This is 208% above median its historical median of 8.86. According to the industry distribution chart, Twinhead International ranks #184 out of 2387 companies in the Hardware industry, placing it in the top 7.7%.
Is Twinhead International's Return-on-Tangible-Equity too high?
Twinhead International's current Return-on-Tangible-Equity of 27.32% is 208% above median its 10-year median of 8.86. The Hardware industry median Return-on-Tangible-Equity is 5.28. Twinhead International's value of 27.32% is 417.4% above this industry median. Based on the distribution chart, Twinhead International ranks #184 out of 2387 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Twinhead International has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Twinhead International's Return-on-Tangible-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, Twinhead International ranks #184 out of 2387 companies for Return-on-Tangible-Equity. This places Twinhead International in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.28. Twinhead International's value of 27.32% is 417.4% above this benchmark. While the company's 10-year median is 8.86 vs. the industry median of 5.28, Twinhead International 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. Twinhead International's current Return-on-Tangible-Equity of 27.32% is 417.4% 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 Twinhead International 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. Twinhead International's current Return-on-Tangible-Equity is 27.32%, which is 208% above median its own 10-year median of 8.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Twinhead International stock overvalued right now?
Based on GuruFocus' analysis, Twinhead International (TPE:2364) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$83.08, compared to a current price of NT$68.00 — trading 18.2% below its estimated fair value. The current Return-on-Tangible-Equity is 27.32%, which is 208% above median its 10-year median of 8.86 and 417.4% above the Hardware industry median of 5.28. Twinhead International's overall GF Score™ is 87/100 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 Twinhead International (TPE:2364), the current Return-on-Tangible-Equity is 27.32% 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 Twinhead International (TPE:2364) Overvalued in 2026?

Based on GuruFocus' analysis, Twinhead International stock appears to be undervalued. The current stock price of NT$68.00 is trading 18.2% below its estimated GF Value™ of NT$83.08. GuruFocus considers Twinhead International to be Modestly Undervalued.

Key valuation signals for TPE:2364:

  • Return-on-Tangible-Equity: 27.32% (208% above median its 10-year median of 8.86)
  • GF Value™: NT$83.08 vs. price of NT$68.00 (18.2% below fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 417.4% above the Hardware median (#184 of 2387)

No single metric tells the full story. See the TPE:2364 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Twinhead International Business Description

Address Ruiguang Road, No. 550, 9th Floor, Neihu District, Taipei, TWN, 114
Twinhead International Corp is engaged in the manufacturing of personal computers and peripherals. Its product offerings include mobile computers for military or industrial applications, rugged tablet PCs, semi-rugged mobile computers, mobile thin clients, medical tablet PCs, and other customized motherboards/systems. In addition to standard product lines, the company also offers full original design manufacturing and partial customization services. Geographically, it generates the majority of its revenue from personal Europe.
87GF Score

Get the complete analysis for TPE:2364

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

NT$68.00
Price
NT$83.08
GF Value