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Hanpin Electron CoTPE:2488 -5.02%79 Return-on-Tangible-Equity is 10.32% as of Mar. 2026, which is 26% below its 10-year median of 13.86. GuruFocus rates TPE:2488 with a GF Score™ of 79/100 and a GF Value™ of NT$46.10 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,383 Hardware companies, Hanpin Electron Co ranks better than 74.99% 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. Hanpin Electron Co's annualized net income for the quarter that ended in Mar. 2026 was NT$295 Mil. Hanpin Electron Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$2,857 Mil. Therefore, Hanpin Electron Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.32%.
The historical rank and industry rank for Hanpin Electron Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:2488'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.94 Med: 13.86 Max: 23.67
Current: 13.55
During the past 13 years, Hanpin Electron Co's highest Return-on-Tangible-Equity was 23.67%. The lowest was 6.94%. And the median was 13.86%.
TPE:2488's Return-on-Tangible-Equity is ranked better than 74.99% of 2383
companies
in the Hardware industry
Industry Median: 5.4
vs TPE:2488: 13.55
Hanpin Electron Co (TPE:2488) 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.
Hanpin Electron Co Return-on-Tangible-Equity Related Terms
Hanpin Electron Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hanpin Electron 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.
Hanpin Electron Co Return-on-Tangible-Equity Chart
TPE:2488 vs AAPL: Return-on-Tangible-Equity Comparison
For the Consumer Electronics subindustry, Hanpin Electron 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.
Hanpin Electron Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Hanpin Electron Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hanpin Electron 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 (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 10.32% mean?
Hanpin Electron Co (TPE:2488) has a Return-on-Tangible-Equity of 10.32% 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 Hanpin Electron Co and its competitors. This is 26% below median its historical median of 13.86. Over the past decade, Hanpin Electron Co's Return-on-Tangible-Equity has ranged from 6.94 to 23.67. According to the industry distribution chart, Hanpin Electron Co ranks #596 out of 2383 companies in the Hardware industry, placing it in the top 25%.
Is Hanpin Electron Co's Return-on-Tangible-Equity too high?
Hanpin Electron Co's current Return-on-Tangible-Equity of 10.32% is 26% below median its 10-year median of 13.86. Over the past 10 years, this metric has ranged from a low of 6.94 to a high of 23.67. The Hardware industry median Return-on-Tangible-Equity is 5.40. Hanpin Electron Co's value of 10.32% is 91.1% above this industry median. Based on the distribution chart, Hanpin Electron Co ranks #596 out of 2383 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Hanpin Electron Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hanpin Electron Co's Return-on-Tangible-Equity compare to AAPL?
According to the Hardware industry distribution chart, Hanpin Electron Co ranks #596 out of 2383 companies for Return-on-Tangible-Equity. This places Hanpin Electron Co in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.40. Hanpin Electron Co's value of 10.32% is 91.1% above this benchmark. Historically, Hanpin Electron Co's own Return-on-Tangible-Equity has ranged from 6.94 to 23.67 over the past decade. While the company's 10-year median is 13.86 vs. the industry median of 5.40, Hanpin Electron 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.40, 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. Hanpin Electron Co's current Return-on-Tangible-Equity of 10.32% is 91.1% 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 Hanpin Electron Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanpin Electron Co's current Return-on-Tangible-Equity is 10.32%, which is 26% below median its own 10-year median of 13.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanpin Electron Co stock overvalued right now?
Based on GuruFocus' analysis, Hanpin Electron Co (TPE:2488) is currently considered Fairly Valued. The stock's GF Value™ is NT$46.10, compared to a current price of NT$48.25 — trading 4.7% above its estimated fair value. The current Return-on-Tangible-Equity is 10.32%, which is 26% below median its 10-year median of 13.86 and 91.1% above the Hardware industry median of 5.40. Hanpin Electron Co's overall GF Score™ is 79/100 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 Hanpin Electron Co (TPE:2488), the current Return-on-Tangible-Equity is 10.32% 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 Hanpin Electron Co (TPE:2488) Overvalued in 2026?
Based on GuruFocus' analysis, Hanpin Electron Co stock appears to be overvalued.
The current stock price of NT$48.25 is trading 4.7% above its estimated GF Value™ of NT$46.10.
GuruFocus considers Hanpin Electron Co to be Fairly Valued.
Key valuation signals for TPE:2488:
Return-on-Tangible-Equity: 10.32% (26% below median its 10-year median of 13.86)
GF Value™: NT$46.10 vs. price of NT$48.25 (4.7% above fair value)
Industry Position: 91.1% above the Hardware median (#596 of 2383)
No single metric tells the full story. See the TPE:2488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hanpin Electron Co Ltd is engaged in the manufacture of electronic appliances, lighting equipment, data storage and processing equipment, wireless communication machinery and electronic components, the provision of international trading, product design and information software services. It operates in two segments Audio and Construction segments. Audio segment is engaged in the manufacture of audio equipment used in consumer entertainment venues, studios, personal audiovisual entertainment, schools, conference rooms, theatres and large-scale concerts. Construction segment engages in the development, leasing and sales of residential buildings, commercial buildings and industrial factories, as well as real estate sales and leasing. Audio segment derives the majority of revenue.
79GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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