Gigabyte Technology CoTPE:2376 87 Return-on-Tangible-Equity is 20.82% as of Dec. 2025, which is 39% above its 10-year median of 14.96. GuruFocus rates TPE:2376 with a GF Score™ of 87/100 and a GF Value™ of NT$447.74 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,387 Hardware companies, Gigabyte Technology Co ranks better than 87.81% 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. Gigabyte Technology Co's annualized net income for the quarter that ended in Dec. 2025 was NT$11,874 Mil. Gigabyte Technology Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$57,046 Mil. Therefore, Gigabyte Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 20.82%.
The historical rank and industry rank for Gigabyte Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2376'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.03 Med: 14.96 Max: 41.15
Current: 22.08
During the past 13 years, Gigabyte Technology Co's highest Return-on-Tangible-Equity was 41.15%. The lowest was 8.03%. And the median was 14.96%.
TPE:2376's Return-on-Tangible-Equity is ranked better than 87.81% of 2387
companies
in the Hardware industry
Industry Median: 5.28
vs TPE:2376: 22.08
Gigabyte Technology Co (TPE:2376) 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.
Gigabyte Technology Co Return-on-Tangible-Equity Related Terms
Gigabyte Technology Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Gigabyte Technology 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.
Gigabyte Technology Co Return-on-Tangible-Equity Chart
TPE:2376 vs SNDK, DELL, STX: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, Gigabyte Technology 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.
Gigabyte Technology Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Gigabyte Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Gigabyte Technology 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 20.82% mean?
Gigabyte Technology Co (TPE:2376) has a Return-on-Tangible-Equity of 20.82% 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 Gigabyte Technology Co and its competitors. This is 39% above median its historical median of 14.96. Over the past decade, Gigabyte Technology Co's Return-on-Tangible-Equity has ranged from 8.03 to 41.15. According to the industry distribution chart, Gigabyte Technology Co ranks #291 out of 2387 companies in the Hardware industry, placing it in the top 12.2%.
Is Gigabyte Technology Co's Return-on-Tangible-Equity too high?
Gigabyte Technology Co's current Return-on-Tangible-Equity of 20.82% is 39% above median its 10-year median of 14.96. Over the past 10 years, this metric has ranged from a low of 8.03 to a high of 41.15. The Hardware industry median Return-on-Tangible-Equity is 5.28. Gigabyte Technology Co's value of 20.82% is 294.3% above this industry median. Based on the distribution chart, Gigabyte Technology Co ranks #291 out of 2387 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Gigabyte Technology Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gigabyte Technology Co's Return-on-Tangible-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, Gigabyte Technology Co ranks #291 out of 2387 companies for Return-on-Tangible-Equity. This places Gigabyte Technology Co in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.28. Gigabyte Technology Co's value of 20.82% is 294.3% above this benchmark. Historically, Gigabyte Technology Co's own Return-on-Tangible-Equity has ranged from 8.03 to 41.15 over the past decade. While the company's 10-year median is 14.96 vs. the industry median of 5.28, Gigabyte Technology 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 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. Gigabyte Technology Co's current Return-on-Tangible-Equity of 20.82% is 294.3% 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 Gigabyte Technology Co 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. Gigabyte Technology Co's current Return-on-Tangible-Equity is 20.82%, which is 39% above median its own 10-year median of 14.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gigabyte Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Gigabyte Technology Co (TPE:2376) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$447.74, compared to a current price of NT$336.50 — trading 24.8% below its estimated fair value. The current Return-on-Tangible-Equity is 20.82%, which is 39% above median its 10-year median of 14.96 and 294.3% above the Hardware industry median of 5.28. Gigabyte Technology Co's overall GF Score™ is 87/100 with 8 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 Gigabyte Technology Co (TPE:2376), the current Return-on-Tangible-Equity is 20.82% 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 Gigabyte Technology Co (TPE:2376) Overvalued in 2026?
Based on GuruFocus' analysis, Gigabyte Technology Co stock appears to be undervalued.
The current stock price of NT$336.50 is trading 24.8% below its estimated GF Value™ of NT$447.74.
GuruFocus considers Gigabyte Technology Co to be Modestly Undervalued.
Key valuation signals for TPE:2376:
Return-on-Tangible-Equity: 20.82% (39% above median its 10-year median of 14.96)
GF Value™: NT$447.74 vs. price of NT$336.50 (24.8% below fair value)
Industry Position: 294.3% above the Hardware median (#291 of 2387)
No single metric tells the full story. See the TPE:2376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gigabyte Technology Co Ltd is a Taiwan-based company. Along with its subsidiaries, it is engaged in the manufacturing, processing, and trading of computer peripherals and parts. Its products include Motherboard, Graphics Card, Laptop, Monitor, Desktops, PC Peripherals, and PC Components. Geographically, the company generates a majority of its revenue from Europe, followed by the USA and Canada, Singapore, Japan, China, Malaysia, Taiwan, and Others. The company generates the majority of its revenue from the sale of Networking communication products.
87GF Score
Get the complete analysis for TPE:2376
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:2376 has been successfully added to your 
