Chicony Electronics Co (TPE:2385) Return-on-Tangible-Equity: 7.08% (As of Dec. 2025) — 65% Below Median


TPE:2385 Chicony Electronics Co Ltd TPE:2385
81 GF Score
Price NT$107.00
GF Value NT$142.21
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Chicony Electronics Co Return-on-Tangible-Equity?

Chicony Electronics Co TPE:2385 -0.47% 81 Return-on-Tangible-Equity is 7.08% as of Dec. 2025, which is 65% below its 10-year median of 20.00. GuruFocus rates TPE:2385 with a GF Score™ of 81/100 and a GF Value™ of NT$142.21 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,377 Hardware companies, Chicony Electronics Co ranks better than 79.97% 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. Chicony Electronics Co's annualized net income for the quarter that ended in Dec. 2025 was NT$3,016 Mil. Chicony Electronics Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$42,605 Mil. Therefore, Chicony Electronics Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 7.08%.

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

TPE:2385' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.61   Med: 20   Max: 22.91
Current: 15.75

During the past 13 years, Chicony Electronics Co's highest Return-on-Tangible-Equity was 22.91%. The lowest was 14.61%. And the median was 20.00%.

TPE:2385's Return-on-Tangible-Equity is ranked better than
79.97% of 2377 companies
in the Hardware industry
Industry Median: 5.27 vs TPE:2385: 15.75

Chicony Electronics Co  (TPE:2385) 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.


Chicony Electronics Co Return-on-Tangible-Equity Related Terms


Chicony Electronics Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Chicony Electronics 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.

Chicony Electronics Co Return-on-Tangible-Equity Chart

Chicony Electronics Co 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 21.22 22.22 20.04 21.30 14.61

Chicony Electronics Co 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 21.46 14.65 22.11 21.39 7.08

TPE:2385 vs SNDK, DELL, STX: Return-on-Tangible-Equity Comparison

For the Computer Hardware subindustry, Chicony Electronics 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.


Chicony Electronics Co Return-on-Tangible-Equity vs Hardware Industry

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

* The bar in red indicates where Chicony Electronics Co's Return-on-Tangible-Equity falls into.


TPE:2385
81GF Score
Chicony Electronics Co Ltd TPE:2385
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chicony Electronics Co Return-on-Tangible-Equity Calculation

Chicony Electronics Co'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 )
=6584.784/( (45987.407+44126.55 )/ 2 )
=6584.784/45056.9785
=14.61 %

Chicony Electronics Co'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 )
=3015.628/( (41082.685+44126.55)/ 2 )
=3015.628/42604.6175
=7.08 %

* 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 7.08% mean?
Chicony Electronics Co (TPE:2385) has a Return-on-Tangible-Equity of 7.08% 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 Chicony Electronics Co and its competitors. This is 65% below median its historical median of 20.00. Over the past decade, Chicony Electronics Co's Return-on-Tangible-Equity has ranged from 14.61 to 22.91. According to the industry distribution chart, Chicony Electronics Co ranks #476 out of 2377 companies in the Hardware industry, placing it in the top 20%.
Is Chicony Electronics Co's Return-on-Tangible-Equity too high?
Chicony Electronics Co's current Return-on-Tangible-Equity of 7.08% is 65% below median its 10-year median of 20.00. Over the past 10 years, this metric has ranged from a low of 14.61 to a high of 22.91. The Hardware industry median Return-on-Tangible-Equity is 5.27. Chicony Electronics Co's value of 7.08% is 34.3% above this industry median. Based on the distribution chart, Chicony Electronics Co ranks #476 out of 2377 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Chicony Electronics Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chicony Electronics Co's Return-on-Tangible-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, Chicony Electronics Co ranks #476 out of 2377 companies for Return-on-Tangible-Equity. This places Chicony Electronics Co in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.27. Chicony Electronics Co's value of 7.08% is 34.3% above this benchmark. Historically, Chicony Electronics Co's own Return-on-Tangible-Equity has ranged from 14.61 to 22.91 over the past decade. While the company's 10-year median is 20.00 vs. the industry median of 5.27, Chicony Electronics 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 5.27, based on 2,377 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. Chicony Electronics Co's current Return-on-Tangible-Equity of 7.08% is 34.3% 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 Chicony Electronics Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chicony Electronics Co's current Return-on-Tangible-Equity is 7.08%, which is 65% below median its own 10-year median of 20.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chicony Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Chicony Electronics Co (TPE:2385) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$142.21, compared to a current price of NT$107.00 — trading 24.8% below its estimated fair value. The current Return-on-Tangible-Equity is 7.08%, which is 65% below median its 10-year median of 20.00 and 34.3% above the Hardware industry median of 5.27. Chicony Electronics Co's overall GF Score™ is 81/100 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 Chicony Electronics Co (TPE:2385), the current Return-on-Tangible-Equity is 7.08% 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 Chicony Electronics Co (TPE:2385) Overvalued in 2026?

Based on GuruFocus' analysis, Chicony Electronics Co stock appears to be undervalued. The current stock price of NT$107.00 is trading 24.8% below its estimated GF Value™ of NT$142.21. GuruFocus considers Chicony Electronics Co to be Modestly Undervalued.

Key valuation signals for TPE:2385:

  • Return-on-Tangible-Equity: 7.08% (65% below median its 10-year median of 20.00)
  • GF Value™: NT$142.21 vs. price of NT$107.00 (24.8% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 34.3% above the Hardware median (#476 of 2377)

No single metric tells the full story. See the TPE:2385 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chicony Electronics Co Business Description

Address Guangfu Road, No. 69, Section 2, Sanchong District, New Taipei, TWN, 24158
Chicony Electronics Co Ltd is engaged in the manufacturing and sales of keyboards and other computer peripheral components. The company has manufacturing bases in Suzhou, Dongguan, and Chongqing in China and in the Czech Republic. The company also has branches in the United States and Japan. Its business centers around the manufacture of computer peripheral products and video-image products. The company's inventories are keyboards, mouses, switching power supplies, lens modules, and other computer information-related peripherals and components. Geographically, it generates the majority of its revenue from Taiwan.
81GF Score

Get the complete analysis for TPE:2385

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

NT$107.00
Price
NT$142.21
GF Value