E-Lead Electronic Co (TPE:2497) Return-on-Tangible-Equity: 18.52% (As of Dec. 2025) — 371% Above Median

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TPE:2497 E-Lead Electronic Co Ltd TPE:2497
84 GF Score
Price NT$59.30
GF Value NT$77.56
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is E-Lead Electronic Co Return-on-Tangible-Equity?

E-Lead Electronic Co TPE:2497 -3.73% 84 Return-on-Tangible-Equity is 18.52% as of Dec. 2025, which is 371% above its 10-year median of 3.93. GuruFocus rates TPE:2497 with a GF Score™ of 84/100 and a GF Value™ of NT$77.56 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,283 Vehicles & Parts companies, E-Lead Electronic Co ranks better than 66.1% 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. E-Lead Electronic Co's annualized net income for the quarter that ended in Dec. 2025 was NT$418 Mil. E-Lead Electronic Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,259 Mil. Therefore, E-Lead Electronic Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 18.52%.

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

TPE:2497' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.16   Med: 3.93   Max: 20.63
Current: 12.12

During the past 13 years, E-Lead Electronic Co's highest Return-on-Tangible-Equity was 20.63%. The lowest was -15.16%. And the median was 3.93%.

TPE:2497's Return-on-Tangible-Equity is ranked better than
66.1% of 1283 companies
in the Vehicles & Parts industry
Industry Median: 7.47 vs TPE:2497: 12.12

E-Lead Electronic Co  (TPE:2497) 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.


E-Lead Electronic Co Return-on-Tangible-Equity Related Terms


E-Lead Electronic Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for E-Lead Electronic 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.

E-Lead Electronic Co Return-on-Tangible-Equity Chart

E-Lead Electronic Co 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 7.26 20.63 11.16 16.37 11.96

E-Lead Electronic Co 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 19.77 14.49 -3.14 19.72 18.52

TPE:2497 vs ORLY, AZO: Return-on-Tangible-Equity Comparison

For the Auto Parts subindustry, E-Lead Electronic 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.


E-Lead Electronic Co Return-on-Tangible-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, E-Lead Electronic Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where E-Lead Electronic Co's Return-on-Tangible-Equity falls into.


TPE:2497
84GF Score
E-Lead Electronic Co Ltd TPE:2497
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

E-Lead Electronic Co Return-on-Tangible-Equity Calculation

E-Lead Electronic Co'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 )
=287.249/( (2481.674+2321.607 )/ 2 )
=287.249/2401.6405
=11.96 %

E-Lead Electronic Co'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 )
=418.248/( (2196.27+2321.607)/ 2 )
=418.248/2258.9385
=18.52 %

* 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 18.52% mean?
E-Lead Electronic Co (TPE:2497) has a Return-on-Tangible-Equity of 18.52% 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 E-Lead Electronic Co and its competitors. This is 371% above median its historical median of 3.93. According to the industry distribution chart, E-Lead Electronic Co ranks #435 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 33.9%.
Is E-Lead Electronic Co's Return-on-Tangible-Equity too high?
E-Lead Electronic Co's current Return-on-Tangible-Equity of 18.52% is 371% above median its 10-year median of 3.93. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.47. E-Lead Electronic Co's value of 18.52% is 147.9% above this industry median. Based on the distribution chart, E-Lead Electronic Co ranks #435 out of 1283 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, E-Lead Electronic Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does E-Lead Electronic Co's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, E-Lead Electronic Co ranks #435 out of 1283 companies for Return-on-Tangible-Equity. This puts E-Lead Electronic Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.47. E-Lead Electronic Co's value of 18.52% is 147.9% above this benchmark. While the company's 10-year median is 3.93 vs. the industry median of 7.47, E-Lead Electronic 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.47, based on 1,283 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. E-Lead Electronic Co's current Return-on-Tangible-Equity of 18.52% is 147.9% 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 E-Lead Electronic Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E-Lead Electronic Co's current Return-on-Tangible-Equity is 18.52%, which is 371% above median its own 10-year median of 3.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E-Lead Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, E-Lead Electronic Co (TPE:2497) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$77.56, compared to a current price of NT$59.30 — trading 23.5% below its estimated fair value. The current Return-on-Tangible-Equity is 18.52%, which is 371% above median its 10-year median of 3.93 and 147.9% above the Vehicles & Parts industry median of 7.47. E-Lead Electronic Co's overall GF Score™ is 84/100 with 6 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 E-Lead Electronic Co (TPE:2497), the current Return-on-Tangible-Equity is 18.52% 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 E-Lead Electronic Co (TPE:2497) Overvalued in 2026?

Based on GuruFocus' analysis, E-Lead Electronic Co stock appears to be undervalued. The current stock price of NT$59.30 is trading 23.5% below its estimated GF Value™ of NT$77.56. GuruFocus considers E-Lead Electronic Co to be Modestly Undervalued.

Key valuation signals for TPE:2497:

  • Return-on-Tangible-Equity: 18.52% (371% above median its 10-year median of 3.93)
  • GF Value™: NT$77.56 vs. price of NT$59.30 (23.5% below fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 147.9% above the Vehicles & Parts median (#435 of 1283)

No single metric tells the full story. See the TPE:2497 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E-Lead Electronic Co Business Description

Address No.37, Gongdong 1st Road, Shengang Township, Xidi Villiage, Changhua County, Changhua, TWN, 509004
E-Lead Electronic Co Ltd manufactures a range of automobile electronic products. The company products line includes displays (HUD), DMS, In-car audio/video navigation consoles, rear seat entertainment systems, reversing cameras, 2D/3D surround view systems, blind spot detection systems, driver-assistance systems (ADAS), wired/wireless chargers for vehicles, automotive air purifier, car recorder, distance vision eye care products, video camera changeover tapes, and others.
84GF Score

Get the complete analysis for TPE:2497

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

NT$59.30
Price
NT$77.56
GF Value