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Wah Lee IndustrialTPE:3010 -0.44%75 Return-on-Tangible-Equity is 11.80% as of Dec. 2025, which is 7% below its 10-year median of 12.63. GuruFocus rates TPE:3010 with a GF Score™ of 75/100 and a GF Value™ of NT$112.89 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,383 Hardware companies, Wah Lee Industrial ranks better than 68.19% 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. Wah Lee Industrial's annualized net income for the quarter that ended in Dec. 2025 was NT$2,658 Mil. Wah Lee Industrial's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$22,535 Mil. Therefore, Wah Lee Industrial's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 11.80%.
The historical rank and industry rank for Wah Lee Industrial's Return-on-Tangible-Equity or its related term are showing as below:
TPE:3010'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.15 Med: 12.63 Max: 20.35
Current: 10.55
During the past 13 years, Wah Lee Industrial's highest Return-on-Tangible-Equity was 20.35%. The lowest was 10.15%. And the median was 12.63%.
TPE:3010's Return-on-Tangible-Equity is ranked better than 68.19% of 2383
companies
in the Hardware industry
Industry Median: 5.34
vs TPE:3010: 10.55
Wah Lee Industrial (TPE:3010) 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.
Wah Lee Industrial Return-on-Tangible-Equity Related Terms
Wah Lee Industrial Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Wah Lee Industrial'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.
Wah Lee Industrial Return-on-Tangible-Equity Chart
TPE:3010 vs SNX, ARW, AVT: Return-on-Tangible-Equity Comparison
For the Electronics & Computer Distribution subindustry, Wah Lee Industrial'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.
Wah Lee Industrial Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Wah Lee Industrial's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Wah Lee Industrial'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 11.80% mean?
Wah Lee Industrial (TPE:3010) has a Return-on-Tangible-Equity of 11.80% 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 Wah Lee Industrial and its competitors. This is near median its historical median of 12.63. Over the past decade, Wah Lee Industrial's Return-on-Tangible-Equity has ranged from 10.15 to 20.35. According to the industry distribution chart, Wah Lee Industrial ranks #758 out of 2383 companies in the Hardware industry, placing it in the top 31.8%.
Is Wah Lee Industrial's Return-on-Tangible-Equity too high?
Wah Lee Industrial's current Return-on-Tangible-Equity of 11.80% is near median its 10-year median of 12.63. Over the past 10 years, this metric has ranged from a low of 10.15 to a high of 20.35. The Hardware industry median Return-on-Tangible-Equity is 5.34. Wah Lee Industrial's value of 11.80% is 121% above this industry median. Based on the distribution chart, Wah Lee Industrial ranks #758 out of 2383 companies in the Hardware industry, which is above the industry midpoint. Overall, Wah Lee Industrial has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wah Lee Industrial's Return-on-Tangible-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, Wah Lee Industrial ranks #758 out of 2383 companies for Return-on-Tangible-Equity. This puts Wah Lee Industrial in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.34. Wah Lee Industrial's value of 11.80% is 121% above this benchmark. Historically, Wah Lee Industrial's own Return-on-Tangible-Equity has ranged from 10.15 to 20.35 over the past decade. While the company's 10-year median is 12.63 vs. the industry median of 5.34, Wah Lee Industrial 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 5.34, 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. Wah Lee Industrial's current Return-on-Tangible-Equity of 11.80% is 121% 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 Wah Lee Industrial and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wah Lee Industrial's current Return-on-Tangible-Equity is 11.80%, which is near median its own 10-year median of 12.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wah Lee Industrial stock overvalued right now?
Based on GuruFocus' analysis, Wah Lee Industrial (TPE:3010) is currently considered Fairly Valued. The stock's GF Value™ is NT$112.89, compared to a current price of NT$112.50 — trading 0.3% below its estimated fair value. The current Return-on-Tangible-Equity is 11.80%, which is near median its 10-year median of 12.63 and 121% above the Hardware industry median of 5.34. Wah Lee Industrial's overall GF Score™ is 75/100 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 Wah Lee Industrial (TPE:3010), the current Return-on-Tangible-Equity is 11.80% 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 Wah Lee Industrial (TPE:3010) Overvalued in 2026?
Based on GuruFocus' analysis, Wah Lee Industrial stock appears to be undervalued.
The current stock price of NT$112.50 is trading 0.3% below its estimated GF Value™ of NT$112.89.
GuruFocus considers Wah Lee Industrial to be Fairly Valued.
Key valuation signals for TPE:3010:
Return-on-Tangible-Equity: 11.80% (near median its 10-year median of 12.63)
GF Value™: NT$112.89 vs. price of NT$112.50 (0.3% below fair value)
Industry Position: 121% above the Hardware median (#758 of 2383)
No single metric tells the full story. See the TPE:3010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wah Lee Industrial Corp is engaged in the import/export and agency business of composite materials, engineering plastic, printed circuit board, semiconductor, and computer-related manufacturing materials and equipment. Its segments include Wah Lee Industrial Corporation (Wah Lee) is mainly engaged in the import/export and agency business of composite materials, engineering plastic, printed circuit board, semiconductor, and computer related manufacturing materials and equipment; Raycong H.K., Dong Guan Hua Gang and its subsidiary (Raycong) are mainly engaged in the trade of engineering plastic, composite materials and equipment; Shanghai Yi Kang and its subsidiary (Yi Kang) are mainly engaged in trade of manufacturing materials and import/export business; and Others.
75GF 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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