Audix (TPE:2459) Return-on-Tangible-Equity: 5.90% (As of Dec. 2025) — 42% Below Median

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TPE:2459 Audix Corp TPE:2459
69 GF Score
Price NT$67.20
GF Value NT$47.37
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Audix Return-on-Tangible-Equity?

Audix TPE:2459 +4.35% 69 Return-on-Tangible-Equity is 5.90% as of Dec. 2025, which is 42% below its 10-year median of 10.12. GuruFocus rates TPE:2459 with a GF Score™ of 69/100 and a GF Value™ of NT$47.37 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,385 Hardware companies, Audix ranks better than 66.62% 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. Audix's annualized net income for the quarter that ended in Dec. 2025 was NT$327 Mil. Audix's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$5,550 Mil. Therefore, Audix's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 5.90%.

The historical rank and industry rank for Audix's Return-on-Tangible-Equity or its related term are showing as below:

TPE:2459' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.9   Med: 10.12   Max: 11.73
Current: 10.05

During the past 13 years, Audix's highest Return-on-Tangible-Equity was 11.73%. The lowest was 8.90%. And the median was 10.12%.

TPE:2459's Return-on-Tangible-Equity is ranked better than
66.62% of 2385 companies
in the Hardware industry
Industry Median: 5.32 vs TPE:2459: 10.05

Audix  (TPE:2459) 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.


Audix Return-on-Tangible-Equity Related Terms


Audix Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Audix'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.

Audix Return-on-Tangible-Equity Chart

Audix Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.62 11.73 11.05 10.29 9.61

Audix Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.37 10.22 11.46 13.39 5.90

TPE:2459 vs APH, GLW: Return-on-Tangible-Equity Comparison

For the Electronic Components subindustry, Audix'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.


Audix Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Audix's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Audix's Return-on-Tangible-Equity falls into.


TPE:2459
69GF Score
Audix Corp TPE:2459
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Audix Return-on-Tangible-Equity Calculation

Audix's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=545.591/( (5643.798+5715.371 )/ 2 )
=545.591/5679.5845
=9.61 %

Audix's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=327.388/( (5384.715+5715.371)/ 2 )
=327.388/5550.043
=5.90 %

* 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 5.90% mean?
Audix (TPE:2459) has a Return-on-Tangible-Equity of 5.90% 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 Audix and its competitors. This is 42% below median its historical median of 10.12. Over the past decade, Audix's Return-on-Tangible-Equity has ranged from 8.90 to 11.73. According to the industry distribution chart, Audix ranks #796 out of 2385 companies in the Hardware industry, placing it in the top 33.4%.
Is Audix's Return-on-Tangible-Equity too high?
Audix's current Return-on-Tangible-Equity of 5.90% is 42% below median its 10-year median of 10.12. Over the past 10 years, this metric has ranged from a low of 8.90 to a high of 11.73. The Hardware industry median Return-on-Tangible-Equity is 5.32. Audix's value of 5.90% is 10.9% above this industry median. Based on the distribution chart, Audix ranks #796 out of 2385 companies in the Hardware industry, which is above the industry midpoint. Overall, Audix has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Audix's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Audix ranks #796 out of 2385 companies for Return-on-Tangible-Equity. This puts Audix in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Audix's value of 5.90% is 10.9% above this benchmark. Historically, Audix's own Return-on-Tangible-Equity has ranged from 8.90 to 11.73 over the past decade. While the company's 10-year median is 10.12 vs. the industry median of 5.32, Audix 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 5.32, based on 2,385 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. Audix's current Return-on-Tangible-Equity of 5.90% is 10.9% 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 Audix and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Audix's current Return-on-Tangible-Equity is 5.90%, which is 42% below median its own 10-year median of 10.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Audix stock overvalued right now?
Based on GuruFocus' analysis, Audix (TPE:2459) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$47.37, compared to a current price of NT$67.20 — trading 41.9% above its estimated fair value. The current Return-on-Tangible-Equity is 5.90%, which is 42% below median its 10-year median of 10.12 and 10.9% above the Hardware industry median of 5.32. Audix's overall GF Score™ is 69/100 with 3 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 Audix (TPE:2459), the current Return-on-Tangible-Equity is 5.90% 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 Audix (TPE:2459) Overvalued in 2026?

Based on GuruFocus' analysis, Audix stock appears to be overvalued. The current stock price of NT$67.20 is trading 41.9% above its estimated GF Value™ of NT$47.37. GuruFocus considers Audix to be Significantly Overvalued.

Key valuation signals for TPE:2459:

  • Return-on-Tangible-Equity: 5.90% (42% below median its 10-year median of 10.12)
  • GF Value™: NT$47.37 vs. price of NT$67.20 (41.9% above fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 10.9% above the Hardware median (#796 of 2385)

No single metric tells the full story. See the TPE:2459 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Audix Business Description

Address Number. 8, Lane 120, Section 1, Neihu Road, Taipei, TWN
Audix Corp designs, manufactures, and markets electronic components internationally. The company focuses its business on the computer, communication, optical storage products, displays, and power supply industries. It distributes electronic components of various brands to semiconductor and consumer electronics product manufacturers. Company operates in three reportable segments (1) Channel Business: The department is mainly responsible for marketing electronic components. (2) Manufacture Business: The department is responsible for the production of electronic components. (3) Product Certification Business: The department is mainly responsible for services such as electronic product testing and certification.
69GF Score

Get the complete analysis for TPE:2459

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$67.20
Price
NT$47.37
GF Value