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Nanya TechnologyTPE:2408 +5.91%73 Return-on-Tangible-Equity is 57.55% as of Mar. 2026, which is 693% above its 10-year median of 7.26. GuruFocus rates TPE:2408 with a GF Score™ of 73/100 and a GF Value™ of NT$376.64 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 984 Semiconductors companies, Nanya Technology ranks better than 84.96% 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. Nanya Technology's annualized net income for the quarter that ended in Mar. 2026 was NT$104,238 Mil. Nanya Technology's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$181,134 Mil. Therefore, Nanya Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 57.55%.
The historical rank and industry rank for Nanya Technology's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2408'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.3 Med: 7.26 Max: 37.1
Current: 20.69
During the past 13 years, Nanya Technology's highest Return-on-Tangible-Equity was 37.10%. The lowest was -4.30%. And the median was 7.26%.
TPE:2408's Return-on-Tangible-Equity is ranked better than 84.96% of 984
companies
in the Semiconductors industry
Industry Median: 5.24
vs TPE:2408: 20.69
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.
Nanya Technology Return-on-Tangible-Equity Related Terms
Nanya Technology Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nanya Technology'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:2408 vs NVDA, AVGO, MU: Return-on-Tangible-Equity Comparison
For the Semiconductors subindustry, Nanya Technology'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.
Nanya Technology Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Nanya Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nanya Technology'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 57.55% mean?
Nanya Technology (TPE:2408) has a Return-on-Tangible-Equity of 57.55% 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 Nanya Technology and its competitors. This is 693% above median its historical median of 7.26. According to the industry distribution chart, Nanya Technology ranks #148 out of 984 companies in the Semiconductors industry, placing it in the top 15%.
Is Nanya Technology's Return-on-Tangible-Equity too high?
Nanya Technology's current Return-on-Tangible-Equity of 57.55% is 693% above median its 10-year median of 7.26. The Semiconductors industry median Return-on-Tangible-Equity is 5.24. Nanya Technology's value of 57.55% is 998.3% above this industry median. Based on the distribution chart, Nanya Technology ranks #148 out of 984 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Nanya Technology has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanya Technology's Return-on-Tangible-Equity compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Nanya Technology ranks #148 out of 984 companies for Return-on-Tangible-Equity. This places Nanya Technology in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.24. Nanya Technology's value of 57.55% is 998.3% above this benchmark. While the company's 10-year median is 7.26 vs. the industry median of 5.24, Nanya Technology 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.24, based on 984 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. Nanya Technology's current Return-on-Tangible-Equity of 57.55% is 998.3% 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 Nanya Technology and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanya Technology's current Return-on-Tangible-Equity is 57.55%, which is 693% above median its own 10-year median of 7.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanya Technology stock overvalued right now?
Based on GuruFocus' analysis, Nanya Technology (TPE:2408) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$376.64, compared to a current price of NT$448.00 — trading 18.9% above its estimated fair value. The current Return-on-Tangible-Equity is 57.55%, which is 693% above median its 10-year median of 7.26 and 998.3% above the Semiconductors industry median of 5.24. Nanya Technology's overall GF Score™ is 73/100 with 7 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 Nanya Technology (TPE:2408), the current Return-on-Tangible-Equity is 57.55% 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 Nanya Technology (TPE:2408) Overvalued in 2026?
Based on GuruFocus' analysis, Nanya Technology stock appears to be overvalued.
The current stock price of NT$448.00 is trading 18.9% above its estimated GF Value™ of NT$376.64.
GuruFocus considers Nanya Technology to be Modestly Overvalued.
Key valuation signals for TPE:2408:
Return-on-Tangible-Equity: 57.55% (693% above median its 10-year median of 7.26)
GF Value™: NT$376.64 vs. price of NT$448.00 (18.9% above fair value)
Industry Position: 998.3% above the Semiconductors median (#148 of 984)
No single metric tells the full story. See the TPE:2408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanya Technology Corp is a manufacturer that specializes in DRAM(Dynamic Random Access Memory) chips. The products offered by the company include Standard DRAM, Low Power DRAM, MCP, and Module among others. Geographically, in Taiwan, Japan, China, Hong Kong, and the USA.
73GF Score
Get the complete analysis for TPE:2408
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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