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Everlight Electronics CoTPE:2393 +1.63%74 Return-on-Tangible-Equity is 11.48% as of Dec. 2025, which is 51% above its 10-year median of 7.61. GuruFocus rates TPE:2393 with a GF Score™ of 74/100 and a GF Value™ of NT$61.95 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,385 Hardware companies, Everlight Electronics Co ranks better than 67.76% 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. Everlight Electronics Co's annualized net income for the quarter that ended in Dec. 2025 was NT$2,238 Mil. Everlight Electronics Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$19,486 Mil. Therefore, Everlight Electronics Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 11.48%.
The historical rank and industry rank for Everlight Electronics Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2393'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.59 Med: 7.61 Max: 15.19
Current: 10.36
During the past 13 years, Everlight Electronics Co's highest Return-on-Tangible-Equity was 15.19%. The lowest was 4.59%. And the median was 7.61%.
TPE:2393's Return-on-Tangible-Equity is ranked better than 67.76% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs TPE:2393: 10.36
Everlight Electronics Co (TPE:2393) 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.
Everlight Electronics Co Return-on-Tangible-Equity Related Terms
Everlight Electronics Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Everlight 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.
Everlight Electronics Co Return-on-Tangible-Equity Chart
TPE:2393 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Everlight 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.
Everlight Electronics Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Everlight Electronics Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Everlight Electronics 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 11.48% mean?
Everlight Electronics Co (TPE:2393) has a Return-on-Tangible-Equity of 11.48% 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 Everlight Electronics Co and its competitors. This is 51% above median its historical median of 7.61. Over the past decade, Everlight Electronics Co's Return-on-Tangible-Equity has ranged from 4.59 to 15.19. According to the industry distribution chart, Everlight Electronics Co ranks #769 out of 2385 companies in the Hardware industry, placing it in the top 32.2%.
Is Everlight Electronics Co's Return-on-Tangible-Equity too high?
Everlight Electronics Co's current Return-on-Tangible-Equity of 11.48% is 51% above median its 10-year median of 7.61. Over the past 10 years, this metric has ranged from a low of 4.59 to a high of 15.19. The Hardware industry median Return-on-Tangible-Equity is 5.32. Everlight Electronics Co's value of 11.48% is 115.8% above this industry median. Based on the distribution chart, Everlight Electronics Co ranks #769 out of 2385 companies in the Hardware industry, which is above the industry midpoint. Overall, Everlight Electronics Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Everlight Electronics Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Everlight Electronics Co ranks #769 out of 2385 companies for Return-on-Tangible-Equity. This puts Everlight Electronics Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Everlight Electronics Co's value of 11.48% is 115.8% above this benchmark. Historically, Everlight Electronics Co's own Return-on-Tangible-Equity has ranged from 4.59 to 15.19 over the past decade. While the company's 10-year median is 7.61 vs. the industry median of 5.32, Everlight 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 5.32, based on 2,385 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. Everlight Electronics Co's current Return-on-Tangible-Equity of 11.48% is 115.8% 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 Everlight Electronics Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everlight Electronics Co's current Return-on-Tangible-Equity is 11.48%, which is 51% above median its own 10-year median of 7.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everlight Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Everlight Electronics Co (TPE:2393) is currently considered Fairly Valued. The stock's GF Value™ is NT$61.95, compared to a current price of NT$68.70 — trading 10.9% above its estimated fair value. The current Return-on-Tangible-Equity is 11.48%, which is 51% above median its 10-year median of 7.61 and 115.8% above the Hardware industry median of 5.32. Everlight Electronics Co's overall GF Score™ is 74/100 with 6 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 Everlight Electronics Co (TPE:2393), the current Return-on-Tangible-Equity is 11.48% 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 Everlight Electronics Co (TPE:2393) Overvalued in 2026?
Based on GuruFocus' analysis, Everlight Electronics Co stock appears to be overvalued.
The current stock price of NT$68.70 is trading 10.9% above its estimated GF Value™ of NT$61.95.
GuruFocus considers Everlight Electronics Co to be Fairly Valued.
Key valuation signals for TPE:2393:
Return-on-Tangible-Equity: 11.48% (51% above median its 10-year median of 7.61)
GF Value™: NT$61.95 vs. price of NT$68.70 (10.9% above fair value)
Industry Position: 115.8% above the Hardware median (#769 of 2385)
No single metric tells the full story. See the TPE:2393 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Everlight Electronics Co Ltd is engaged in the manufacture and sale of LEDs and optoelectronic products. Its products include visible LED, infrared products, sensors, optocouplers, and power semiconductors. The Group operates through LED, LCD, and illumination segments. The LED segment engages in the manufacture and sale of LEDs, while the LCD segment, which generates maximum revenue, engages in the manufacture and sale of LCDs and LCD modules. The illumination segment engages in the manufacture and sale of lighting products. Other operating segments mainly engage in the sale of raw materials for electronic products, masks, and electrophoretic displays. The company generates maximum revenue from Asia.
74GF Score
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