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Chenming Electronic TechnologyTPE:3013 -2.45%85 Return-on-Tangible-Equity is 26.25% as of Dec. 2025, which is 218% above its 10-year median of 8.25. GuruFocus rates TPE:3013 with a GF Score™ of 85/100 and a GF Value™ of NT$148.86 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,387 Hardware companies, Chenming Electronic Technology ranks better than 83.24% 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. Chenming Electronic Technology's annualized net income for the quarter that ended in Dec. 2025 was NT$1,303 Mil. Chenming Electronic Technology's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$4,965 Mil. Therefore, Chenming Electronic Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 26.25%.
The historical rank and industry rank for Chenming Electronic Technology's Return-on-Tangible-Equity or its related term are showing as below:
TPE:3013'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5 Med: 8.25 Max: 19
Current: 17.63
During the past 13 years, Chenming Electronic Technology's highest Return-on-Tangible-Equity was 19.00%. The lowest was -5.00%. And the median was 8.25%.
TPE:3013's Return-on-Tangible-Equity is ranked better than 83.24% of 2387
companies
in the Hardware industry
Industry Median: 5.28
vs TPE:3013: 17.63
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.
Chenming Electronic Technology Return-on-Tangible-Equity Related Terms
Chenming Electronic Technology Return-on-Tangible-Equity Historical Data
* 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.
TPE:3013 vs SNDK, DELL, STX: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, Chenming Electronic Technology'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.
Chenming Electronic Technology Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Chenming Electronic Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chenming Electronic Technology'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 26.25% mean?
Chenming Electronic Technology (TPE:3013) has a Return-on-Tangible-Equity of 26.25% 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 Chenming Electronic Technology and its competitors. This is 218% above median its historical median of 8.25. According to the industry distribution chart, Chenming Electronic Technology ranks #400 out of 2387 companies in the Hardware industry, placing it in the top 16.8%.
Is Chenming Electronic Technology's Return-on-Tangible-Equity too high?
Chenming Electronic Technology's current Return-on-Tangible-Equity of 26.25% is 218% above median its 10-year median of 8.25. The Hardware industry median Return-on-Tangible-Equity is 5.28. Chenming Electronic Technology's value of 26.25% is 397.2% above this industry median. Based on the distribution chart, Chenming Electronic Technology ranks #400 out of 2387 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Chenming Electronic Technology has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chenming Electronic Technology's Return-on-Tangible-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, Chenming Electronic Technology ranks #400 out of 2387 companies for Return-on-Tangible-Equity. This places Chenming Electronic Technology in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.28. Chenming Electronic Technology's value of 26.25% is 397.2% above this benchmark. While the company's 10-year median is 8.25 vs. the industry median of 5.28, Chenming Electronic Technology 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 5.28, based on 2,387 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. Chenming Electronic Technology's current Return-on-Tangible-Equity of 26.25% is 397.2% 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 Chenming Electronic Technology and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chenming Electronic Technology's current Return-on-Tangible-Equity is 26.25%, which is 218% above median its own 10-year median of 8.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chenming Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Chenming Electronic Technology (TPE:3013) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$148.86, compared to a current price of NT$99.50 — trading 33.2% below its estimated fair value. The current Return-on-Tangible-Equity is 26.25%, which is 218% above median its 10-year median of 8.25 and 397.2% above the Hardware industry median of 5.28. Chenming Electronic Technology's overall GF Score™ is 85/100 with 1 warning sign 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 Chenming Electronic Technology (TPE:3013), the current Return-on-Tangible-Equity is 26.25% 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 Chenming Electronic Technology (TPE:3013) Overvalued in 2026?
Based on GuruFocus' analysis, Chenming Electronic Technology stock appears to be undervalued.
The current stock price of NT$99.50 is trading 33.2% below its estimated GF Value™ of NT$148.86.
GuruFocus considers Chenming Electronic Technology to be Significantly Undervalued.
Key valuation signals for TPE:3013:
Return-on-Tangible-Equity: 26.25% (218% above median its 10-year median of 8.25)
GF Value™: NT$148.86 vs. price of NT$99.50 (33.2% below fair value)
Industry Position: 397.2% above the Hardware median (#400 of 2387)
No single metric tells the full story. See the TPE:3013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chenming Electronic Technology Business Description
Chenming Electronic Technology Corp is engaged in the manufacturing, research and development, and sale of server cases and computer cases. Geographically, it operates in China, Taiwan, the USA, and other countries. It generates the majority of its revenue from the USA, followed by Taiwan. The group has only one operating segment, which produces computer and mobile device components.
85GF Score
Get the complete analysis for TPE:3013
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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