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King Yuan Electronics CoTPE:2449 -9.91%76 Return-on-Tangible-Equity is 18.45% as of Dec. 2025, which is 28% above its 10-year median of 14.37. GuruFocus rates TPE:2449 with a GF Score™ of 76/100 and a GF Value™ of NT$165.25 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 985 Semiconductors companies, King Yuan Electronics Co ranks better than 86.8% 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. King Yuan Electronics Co's annualized net income for the quarter that ended in Dec. 2025 was NT$8,992 Mil. King Yuan Electronics Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$48,749 Mil. Therefore, King Yuan Electronics Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 18.45%.
The historical rank and industry rank for King Yuan Electronics Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2449'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.28 Med: 14.37 Max: 23.68
Current: 23.68
During the past 13 years, King Yuan Electronics Co's highest Return-on-Tangible-Equity was 23.68%. The lowest was 7.28%. And the median was 14.37%.
TPE:2449's Return-on-Tangible-Equity is ranked better than 86.8% of 985
companies
in the Semiconductors industry
Industry Median: 5.24
vs TPE:2449: 23.68
King Yuan Electronics Co (TPE:2449) 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.
King Yuan Electronics Co Return-on-Tangible-Equity Related Terms
King Yuan Electronics Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for King Yuan 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.
King Yuan Electronics Co Return-on-Tangible-Equity Chart
TPE:2449 vs NVDA, AVGO, MU: Return-on-Tangible-Equity Comparison
For the Semiconductors subindustry, King Yuan 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.
King Yuan Electronics Co Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, King Yuan Electronics Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where King Yuan 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 18.45% mean?
King Yuan Electronics Co (TPE:2449) has a Return-on-Tangible-Equity of 18.45% 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 King Yuan Electronics Co and its competitors. This is 28% above median its historical median of 14.37. Over the past decade, King Yuan Electronics Co's Return-on-Tangible-Equity has ranged from 7.28 to 23.68. According to the industry distribution chart, King Yuan Electronics Co ranks #130 out of 985 companies in the Semiconductors industry, placing it in the top 13.2%.
Is King Yuan Electronics Co's Return-on-Tangible-Equity too high?
King Yuan Electronics Co's current Return-on-Tangible-Equity of 18.45% is 28% above median its 10-year median of 14.37. Over the past 10 years, this metric has ranged from a low of 7.28 to a high of 23.68. The Semiconductors industry median Return-on-Tangible-Equity is 5.24. King Yuan Electronics Co's value of 18.45% is 252.1% above this industry median. Based on the distribution chart, King Yuan Electronics Co ranks #130 out of 985 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, King Yuan Electronics Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does King Yuan Electronics Co's Return-on-Tangible-Equity compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, King Yuan Electronics Co ranks #130 out of 985 companies for Return-on-Tangible-Equity. This places King Yuan Electronics Co in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.24. King Yuan Electronics Co's value of 18.45% is 252.1% above this benchmark. Historically, King Yuan Electronics Co's own Return-on-Tangible-Equity has ranged from 7.28 to 23.68 over the past decade. While the company's 10-year median is 14.37 vs. the industry median of 5.24, King Yuan 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.24, based on 985 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. King Yuan Electronics Co's current Return-on-Tangible-Equity of 18.45% is 252.1% 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 King Yuan Electronics Co 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. King Yuan Electronics Co's current Return-on-Tangible-Equity is 18.45%, which is 28% above median its own 10-year median of 14.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Yuan Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, King Yuan Electronics Co (TPE:2449) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$165.25, compared to a current price of NT$286.50 — trading 73.4% above its estimated fair value. The current Return-on-Tangible-Equity is 18.45%, which is 28% above median its 10-year median of 14.37 and 252.1% above the Semiconductors industry median of 5.24. King Yuan Electronics Co's overall GF Score™ is 76/100 with 2 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 King Yuan Electronics Co (TPE:2449), the current Return-on-Tangible-Equity is 18.45% 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 King Yuan Electronics Co (TPE:2449) Overvalued in 2026?
Based on GuruFocus' analysis, King Yuan Electronics Co stock appears to be overvalued.
The current stock price of NT$286.50 is trading 73.4% above its estimated GF Value™ of NT$165.25.
GuruFocus considers King Yuan Electronics Co to be Significantly Overvalued.
Key valuation signals for TPE:2449:
Return-on-Tangible-Equity: 18.45% (28% above median its 10-year median of 14.37)
GF Value™: NT$165.25 vs. price of NT$286.50 (73.4% above fair value)
Industry Position: 252.1% above the Semiconductors median (#130 of 985)
No single metric tells the full story. See the TPE:2449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
King Yuan Electronics Co Ltd mainly engages in the business of design, manufacturing, selling, testing, and assembly service of integrated circuits. Additionally, it manufactures and sells IC Monitoring Burn-In machinery and related components. King Yuan provides semiconductor back-end services globally, including testing, wafer grinding, die sawing, and pick-and-place operations. It supports a wide range of semiconductor technologies, including logic and mixed-signal devices, system-on-chip, CMOS image sensors (CIS) and charge-coupled devices (CCD), liquid crystal display drivers (LCDD), radio frequency (RF), wireless components, and micro-electro-mechanical systems (MEMS). Geographically, the company derives maximum revenue from North America, followed by Taiwan, Asia, and other regions.
76GF Score
Get the complete analysis for TPE:2449
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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