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Largan Precision CoTPE:3008 -5.87%81 Return-on-Tangible-Equity is 13.15% as of Mar. 2026, which is 22% below its 10-year median of 16.82. GuruFocus rates TPE:3008 with a GF Score™ of 81/100 and a GF Value™ of NT$2,853.35 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,385 Hardware companies, Largan Precision Co ranks better than 70.9% 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. Largan Precision Co's annualized net income for the quarter that ended in Mar. 2026 was NT$24,493 Mil. Largan Precision Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$186,236 Mil. Therefore, Largan Precision Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.15%.
The historical rank and industry rank for Largan Precision Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:3008'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.18 Med: 16.82 Max: 32.44
Current: 11.49
During the past 13 years, Largan Precision Co's highest Return-on-Tangible-Equity was 32.44%. The lowest was 11.18%. And the median was 16.82%.
TPE:3008's Return-on-Tangible-Equity is ranked better than 70.9% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs TPE:3008: 11.49
Largan Precision Co (TPE:3008) 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.
Largan Precision Co Return-on-Tangible-Equity Related Terms
Largan Precision Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Largan Precision 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.
Largan Precision Co Return-on-Tangible-Equity Chart
TPE:3008 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Largan Precision 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.
Largan Precision Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Largan Precision Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Largan Precision 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 13.15% mean?
Largan Precision Co (TPE:3008) has a Return-on-Tangible-Equity of 13.15% 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 Largan Precision Co and its competitors. This is 22% below median its historical median of 16.82. Over the past decade, Largan Precision Co's Return-on-Tangible-Equity has ranged from 11.18 to 32.44. According to the industry distribution chart, Largan Precision Co ranks #694 out of 2385 companies in the Hardware industry, placing it in the top 29.1%.
Is Largan Precision Co's Return-on-Tangible-Equity too high?
Largan Precision Co's current Return-on-Tangible-Equity of 13.15% is 22% below median its 10-year median of 16.82. Over the past 10 years, this metric has ranged from a low of 11.18 to a high of 32.44. The Hardware industry median Return-on-Tangible-Equity is 5.32. Largan Precision Co's value of 13.15% is 147.2% above this industry median. Based on the distribution chart, Largan Precision Co ranks #694 out of 2385 companies in the Hardware industry, which is above the industry midpoint. Overall, Largan Precision Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Largan Precision Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Largan Precision Co ranks #694 out of 2385 companies for Return-on-Tangible-Equity. This puts Largan Precision Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Largan Precision Co's value of 13.15% is 147.2% above this benchmark. Historically, Largan Precision Co's own Return-on-Tangible-Equity has ranged from 11.18 to 32.44 over the past decade. While the company's 10-year median is 16.82 vs. the industry median of 5.32, Largan Precision 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 5.32, 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. Largan Precision Co's current Return-on-Tangible-Equity of 13.15% is 147.2% 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 Largan Precision Co 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. Largan Precision Co's current Return-on-Tangible-Equity is 13.15%, which is 22% below median its own 10-year median of 16.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Largan Precision Co stock overvalued right now?
Based on GuruFocus' analysis, Largan Precision Co (TPE:3008) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$2,853.35, compared to a current price of NT$4,010.00 — trading 40.5% above its estimated fair value. The current Return-on-Tangible-Equity is 13.15%, which is 22% below median its 10-year median of 16.82 and 147.2% above the Hardware industry median of 5.32. Largan Precision Co's overall GF Score™ is 81/100 with 4 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 Largan Precision Co (TPE:3008), the current Return-on-Tangible-Equity is 13.15% 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 Largan Precision Co (TPE:3008) Overvalued in 2026?
Based on GuruFocus' analysis, Largan Precision Co stock appears to be overvalued.
The current stock price of NT$4,010.00 is trading 40.5% above its estimated GF Value™ of NT$2,853.35.
GuruFocus considers Largan Precision Co to be Significantly Overvalued.
Key valuation signals for TPE:3008:
Return-on-Tangible-Equity: 13.15% (22% below median its 10-year median of 16.82)
GF Value™: NT$2,853.35 vs. price of NT$4,010.00 (40.5% above fair value)
Industry Position: 147.2% above the Hardware median (#694 of 2385)
No single metric tells the full story. See the TPE:3008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Largan Precision is the leader in optical lens technology and the world's largest handset lensmaker by value. The company boasts almost three decades of experience in the production of optical lenses, namely plastic aspherical lenses, which are widely used to manufacture smartphone cameras. It is a major supplier of high-end handset camera lenses to global smartphone brands such as Apple and Samsung. The firm also produces optical lenses for various applications, such as for automobiles, digital cameras, and extended reality headsets. Largan was co-founded in 1987 by Scott Lin, whose son Adam Lin serves as the current CEO and chair. Largan is headquartered and mainly operates in Taichung City, Taiwan, and employs around 8,000 people.
81GF Score
Get the complete analysis for TPE:3008
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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