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Syscom Computer Engineering CoTPE:2453 -2.57%95 Return-on-Tangible-Equity is 16.89% as of Dec. 2025, which is 64% above its 10-year median of 10.27. GuruFocus rates TPE:2453 with a GF Score™ of 95/100 and a GF Value™ of NT$66.97 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,476 Software companies, Syscom Computer Engineering Co ranks better than 59.98% 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. Syscom Computer Engineering Co's annualized net income for the quarter that ended in Dec. 2025 was NT$367 Mil. Syscom Computer Engineering Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,175 Mil. Therefore, Syscom Computer Engineering Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 16.89%.
The historical rank and industry rank for Syscom Computer Engineering Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2453'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.67 Med: 10.27 Max: 14.75
Current: 14.75
During the past 13 years, Syscom Computer Engineering Co's highest Return-on-Tangible-Equity was 14.75%. The lowest was 3.67%. And the median was 10.27%.
TPE:2453's Return-on-Tangible-Equity is ranked better than 59.98% of 2476
companies
in the Software industry
Industry Median: 8.825
vs TPE:2453: 14.75
Syscom Computer Engineering Co (TPE:2453) 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.
Syscom Computer Engineering Co Return-on-Tangible-Equity Related Terms
Syscom Computer Engineering Co Return-on-Tangible-Equity Historical Data
* 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.
Syscom Computer Engineering Co Return-on-Tangible-Equity Chart
TPE:2453 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Syscom Computer Engineering 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.
Syscom Computer Engineering Co Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Syscom Computer Engineering Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Syscom Computer Engineering 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 16.89% mean?
Syscom Computer Engineering Co (TPE:2453) has a Return-on-Tangible-Equity of 16.89% 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 Syscom Computer Engineering Co and its competitors. This is 64% above median its historical median of 10.27. Over the past decade, Syscom Computer Engineering Co's Return-on-Tangible-Equity has ranged from 3.67 to 14.75. According to the industry distribution chart, Syscom Computer Engineering Co ranks #991 out of 2476 companies in the Software industry, placing it in the top 40%.
Is Syscom Computer Engineering Co's Return-on-Tangible-Equity too high?
Syscom Computer Engineering Co's current Return-on-Tangible-Equity of 16.89% is 64% above median its 10-year median of 10.27. Over the past 10 years, this metric has ranged from a low of 3.67 to a high of 14.75. The Software industry median Return-on-Tangible-Equity is 8.83. Syscom Computer Engineering Co's value of 16.89% is 91.4% above this industry median. Based on the distribution chart, Syscom Computer Engineering Co ranks #991 out of 2476 companies in the Software industry, which is above the industry midpoint. Overall, Syscom Computer Engineering Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Syscom Computer Engineering Co's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Syscom Computer Engineering Co ranks #991 out of 2476 companies for Return-on-Tangible-Equity. This puts Syscom Computer Engineering Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.83. Syscom Computer Engineering Co's value of 16.89% is 91.4% above this benchmark. Historically, Syscom Computer Engineering Co's own Return-on-Tangible-Equity has ranged from 3.67 to 14.75 over the past decade. While the company's 10-year median is 10.27 vs. the industry median of 8.83, Syscom Computer Engineering 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.83, based on 2,476 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. Syscom Computer Engineering Co's current Return-on-Tangible-Equity of 16.89% is 91.4% 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 Syscom Computer Engineering Co and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Syscom Computer Engineering Co's current Return-on-Tangible-Equity is 16.89%, which is 64% above median its own 10-year median of 10.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Syscom Computer Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Syscom Computer Engineering Co (TPE:2453) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$66.97, compared to a current price of NT$53.10 — trading 20.7% below its estimated fair value. The current Return-on-Tangible-Equity is 16.89%, which is 64% above median its 10-year median of 10.27 and 91.4% above the Software industry median of 8.83. Syscom Computer Engineering Co's overall GF Score™ is 95/100 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 Syscom Computer Engineering Co (TPE:2453), the current Return-on-Tangible-Equity is 16.89% 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 Syscom Computer Engineering Co (TPE:2453) Overvalued in 2026?
Based on GuruFocus' analysis, Syscom Computer Engineering Co stock appears to be undervalued.
The current stock price of NT$53.10 is trading 20.7% below its estimated GF Value™ of NT$66.97.
GuruFocus considers Syscom Computer Engineering Co to be Modestly Undervalued.
Key valuation signals for TPE:2453:
Return-on-Tangible-Equity: 16.89% (64% above median its 10-year median of 10.27)
GF Value™: NT$66.97 vs. price of NT$53.10 (20.7% below fair value)
Industry Position: 91.4% above the Software median (#991 of 2476)
No single metric tells the full story. See the TPE:2453 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Syscom Computer Engineering Co Business Description
Syscom Computer Engineering Co is an information technology service-providing company. The company mainly leases and sells computer systems and designs computer software. The company also provides services for the integration of computer information systems and maintenance of computer hardware. The company operates in geographical areas of Taiwan, China, the U.S.A., and Southeast Asia.
95GF Score
Get the complete analysis for TPE:2453
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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