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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. Phihong Technology Co's annualized net income for the quarter that ended in Dec. 2025 was NT$-882 Mil. Phihong Technology Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$8,934 Mil. Therefore, Phihong Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -9.87%.
The historical rank and industry rank for Phihong Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2457'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.85 Med: -2 Max: 3.38
Current: -6.85
During the past 13 years, Phihong Technology Co's highest Return-on-Tangible-Equity was 3.38%. The lowest was -6.85%. And the median was -2.00%.
TPE:2457's Return-on-Tangible-Equity is ranked worse than 84.17% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs TPE:2457: -6.85
Phihong Technology Co (TPE:2457) 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.
Phihong Technology Co Return-on-Tangible-Equity Related Terms
Phihong Technology Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Phihong Technology 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.
Phihong Technology Co Return-on-Tangible-Equity Chart
TPE:2457 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Phihong Technology 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.
Phihong Technology Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Phihong Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Phihong Technology 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 -9.87% mean?
Phihong Technology Co (TPE:2457) has a Return-on-Tangible-Equity of -9.87% 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 Phihong Technology Co and its competitors. According to the industry distribution chart, Phihong Technology Co ranks #2499 out of 2969 companies in the Industrial Products industry, placing it in the top 84.2%.
Is Phihong Technology Co's Return-on-Tangible-Equity too high?
Phihong Technology Co's current Return-on-Tangible-Equity is -9.87%. Based on the distribution chart, Phihong Technology Co ranks #2499 out of 2969 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Phihong Technology Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Phihong Technology Co's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Phihong Technology Co ranks #2499 out of 2969 companies for Return-on-Tangible-Equity. This places Phihong Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.72. 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,969 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. 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 Phihong Technology Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phihong Technology Co's current Return-on-Tangible-Equity is -9.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phihong Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Phihong Technology Co (TPE:2457) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$31.23, compared to a current price of NT$24.55 — trading 21.4% below its estimated fair value. The current Return-on-Tangible-Equity is -9.87%. Phihong Technology Co's overall GF Score™ is 59/100 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 Phihong Technology Co (TPE:2457), the current Return-on-Tangible-Equity is -9.87% 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 Phihong Technology Co (TPE:2457) Overvalued in 2026?
Based on GuruFocus' analysis, Phihong Technology Co stock appears to be undervalued.
The current stock price of NT$24.55 is trading 21.4% below its estimated GF Value™ of NT$31.23.
GuruFocus considers Phihong Technology Co to be Modestly Undervalued.
Key valuation signals for TPE:2457:
Return-on-Tangible-Equity: -9.87%
GF Value™: NT$31.23 vs. price of NT$24.55 (21.4% below fair value)
No single metric tells the full story. See the TPE:2457 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phihong Technology Co Ltd predominantly manufactures and sells alternating current (AC)/direct current (DC) power adapters, charger bases, power supply modules, UPS (uninterruptible power supply) for computers, and ballasts. Its products also include multi-industry areas such as households, POS machines, small household appliances, household-level medical equipment, e-bike electric bicycles, construction, industry, and electric vehicles. Its operating segments include Power supply products, which derive key revenue, and EV energy products. Geographically, the company generates a majority of its revenue from Asia, followed by the Americas, Europe, and other regions.
59GF Score
Get the complete analysis for TPE:2457
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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