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Ichia TechnologiesTPE:2402 +1.67%78 Return-on-Tangible-Equity is 1.14% as of Mar. 2026, which is 71% below its 10-year median of 3.87. GuruFocus rates TPE:2402 with a GF Score™ of 78/100 and a GF Value™ of NT$49.17 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,382 Hardware companies, Ichia Technologies ranks better than 62.76% 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. Ichia Technologies's annualized net income for the quarter that ended in Mar. 2026 was NT$82 Mil. Ichia Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$7,256 Mil. Therefore, Ichia Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.14%.
The historical rank and industry rank for Ichia Technologies's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2402'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.87 Med: 3.87 Max: 10.78
Current: 8.84
During the past 13 years, Ichia Technologies's highest Return-on-Tangible-Equity was 10.78%. The lowest was -4.87%. And the median was 3.87%.
TPE:2402's Return-on-Tangible-Equity is ranked better than 62.76% of 2382
companies
in the Hardware industry
Industry Median: 5.38
vs TPE:2402: 8.84
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.
Ichia Technologies Return-on-Tangible-Equity Related Terms
Ichia Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ichia Technologies'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:2402 vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Ichia Technologies'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.
Ichia Technologies Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Ichia Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ichia Technologies'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.14% mean?
Ichia Technologies (TPE:2402) has a Return-on-Tangible-Equity of 1.14% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ichia Technologies and its competitors. This is 71% below median its historical median of 3.87. According to the industry distribution chart, Ichia Technologies ranks #887 out of 2382 companies in the Hardware industry, placing it in the top 37.2%.
Is Ichia Technologies' Return-on-Tangible-Equity too high?
Ichia Technologies' current Return-on-Tangible-Equity of 1.14% is 71% below median its 10-year median of 3.87. The Hardware industry median Return-on-Tangible-Equity is 5.38. Ichia Technologies' value of 1.14% is 78.8% below this industry median. Based on the distribution chart, Ichia Technologies ranks #887 out of 2382 companies in the Hardware industry, which is above the industry midpoint. Overall, Ichia Technologies has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ichia Technologies' Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Ichia Technologies ranks #887 out of 2382 companies for Return-on-Tangible-Equity. This puts Ichia Technologies in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.38. Ichia Technologies' value of 1.14% is 78.8% below this benchmark. While the company's 10-year median is 3.87 vs. the industry median of 5.38, Ichia Technologies has consistently been below 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 5.38, based on 2,382 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. Ichia Technologies's current Return-on-Tangible-Equity of 1.14% is 78.8% below 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 Ichia Technologies and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichia Technologies's current Return-on-Tangible-Equity is 1.14%, which is 71% below median its own 10-year median of 3.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichia Technologies stock overvalued right now?
Based on GuruFocus' analysis, Ichia Technologies (TPE:2402) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$49.17, compared to a current price of NT$54.90 — trading 11.7% above its estimated fair value. The current Return-on-Tangible-Equity is 1.14%, which is 71% below median its 10-year median of 3.87 and 78.8% below the Hardware industry median of 5.38. Ichia Technologies' overall GF Score™ is 78/100 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 Ichia Technologies (TPE:2402), the current Return-on-Tangible-Equity is 1.14% as of Mar. 2026. 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 Ichia Technologies (TPE:2402) Overvalued in 2026?
Based on GuruFocus' analysis, Ichia Technologies stock appears to be overvalued.
The current stock price of NT$54.90 is trading 11.7% above its estimated GF Value™ of NT$49.17.
GuruFocus considers Ichia Technologies to be Modestly Overvalued.
Key valuation signals for TPE:2402:
Return-on-Tangible-Equity: 1.14% (71% below median its 10-year median of 3.87)
GF Value™: NT$49.17 vs. price of NT$54.90 (11.7% above fair value)
Industry Position: 78.8% below the Hardware median (#887 of 2382)
No single metric tells the full story. See the TPE:2402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichia Technologies Inc manufactures, processes, and trades various components (conductive silicone elastomers, plastic keys, keyboard assemblies, input devices, and flexible printed circuit boards) and materials for electronics, home appliances, electronical engineering, electrical equipment, communications (telecommunications),and computers, as well as to import and export domestic and foreign products and to engage in the agency, distribution, tender and quotation business. Its products and services include Flexible Printed Circuit, Printed Circuit Board, SLP (Substrate-like PCB), Switch Modules, Integrated Modules, Optical & Display Design, Decorative Technologies, Smart Surface Interfaces, Robotics & Automation, Wearables, Air Cooling, and Liquid Cooling.
78GF Score
Get the complete analysis for TPE:2402
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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