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Transcend InformationTPE:2451 +1.24%85 Return-on-Tangible-Equity is 132.02% as of Mar. 2026, which is 987% above its 10-year median of 12.15. GuruFocus rates TPE:2451 with a GF Score™ of 85/100 and a GF Value™ of NT$266.23 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,383 Hardware companies, Transcend Information ranks better than 96.14% 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. Transcend Information's annualized net income for the quarter that ended in Mar. 2026 was NT$32,490 Mil. Transcend Information's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$24,609 Mil. Therefore, Transcend Information's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 132.02%.
The historical rank and industry rank for Transcend Information's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2451'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.29 Med: 12.15 Max: 63.82
Current: 63.82
During the past 13 years, Transcend Information's highest Return-on-Tangible-Equity was 63.82%. The lowest was 6.29%. And the median was 12.15%.
TPE:2451's Return-on-Tangible-Equity is ranked better than 96.14% of 2383
companies
in the Hardware industry
Industry Median: 5.36
vs TPE:2451: 63.82
Transcend Information (TPE:2451) 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.
Transcend Information Return-on-Tangible-Equity Related Terms
Transcend Information Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Transcend Information'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.
Transcend Information Return-on-Tangible-Equity Chart
TPE:2451 vs SNDK, DELL, STX: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, Transcend Information'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.
Transcend Information Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Transcend Information's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Transcend Information'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 132.02% mean?
Transcend Information (TPE:2451) has a Return-on-Tangible-Equity of 132.02% 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 Transcend Information and its competitors. This is 987% above median its historical median of 12.15. Over the past decade, Transcend Information's Return-on-Tangible-Equity has ranged from 6.29 to 63.82. According to the industry distribution chart, Transcend Information ranks #92 out of 2383 companies in the Hardware industry, placing it in the top 3.9%.
Is Transcend Information's Return-on-Tangible-Equity too high?
Transcend Information's current Return-on-Tangible-Equity of 132.02% is 987% above median its 10-year median of 12.15. Over the past 10 years, this metric has ranged from a low of 6.29 to a high of 63.82. The Hardware industry median Return-on-Tangible-Equity is 5.36. Transcend Information's value of 132.02% is 2363.1% above this industry median. Based on the distribution chart, Transcend Information ranks #92 out of 2383 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Transcend Information has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Transcend Information's Return-on-Tangible-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, Transcend Information ranks #92 out of 2383 companies for Return-on-Tangible-Equity. This places Transcend Information in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.36. Transcend Information's value of 132.02% is 2363.1% above this benchmark. Historically, Transcend Information's own Return-on-Tangible-Equity has ranged from 6.29 to 63.82 over the past decade. While the company's 10-year median is 12.15 vs. the industry median of 5.36, Transcend Information 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 5.36, based on 2,383 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. Transcend Information's current Return-on-Tangible-Equity of 132.02% is 2363.1% 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 Transcend Information and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transcend Information's current Return-on-Tangible-Equity is 132.02%, which is 987% above median its own 10-year median of 12.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transcend Information stock overvalued right now?
Based on GuruFocus' analysis, Transcend Information (TPE:2451) is currently considered Fairly Valued. The stock's GF Value™ is NT$266.23, compared to a current price of NT$244.50 — trading 8.2% below its estimated fair value. The current Return-on-Tangible-Equity is 132.02%, which is 987% above median its 10-year median of 12.15 and 2363.1% above the Hardware industry median of 5.36. Transcend Information's overall GF Score™ is 85/100 with 1 warning sign 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 Transcend Information (TPE:2451), the current Return-on-Tangible-Equity is 132.02% 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 Transcend Information (TPE:2451) Overvalued in 2026?
Based on GuruFocus' analysis, Transcend Information stock appears to be undervalued.
The current stock price of NT$244.50 is trading 8.2% below its estimated GF Value™ of NT$266.23.
GuruFocus considers Transcend Information to be Fairly Valued.
Key valuation signals for TPE:2451:
Return-on-Tangible-Equity: 132.02% (987% above median its 10-year median of 12.15)
GF Value™: NT$266.23 vs. price of NT$244.50 (8.2% below fair value)
Industry Position: 2363.1% above the Hardware median (#92 of 2383)
No single metric tells the full story. See the TPE:2451 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transcend Information Inc is engaged in manufacturing, processing and sales of computer software and hardware, peripheral equipment and other computer components. Its product portfolio includes solid-state drives, body cameras, personal cloud storage, memory cards, USB flash drives, memory modules, card readers, and multimedia products. The company generates revenue in the Americas, Europe, Taiwan, and other countries in the Asia-Pacific region.
85GF Score
Get the complete analysis for TPE:2451
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