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Zero One Technology CoTPE:3029 98 Return-on-Tangible-Equity is 24.69% as of Mar. 2026, which is 54% above its 10-year median of 16.01. GuruFocus rates TPE:3029 with a GF Score™ of 98/100 and a GF Value™ of NT$129.80 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,383 Hardware companies, Zero One Technology Co ranks better than 89.59% 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. Zero One Technology Co's annualized net income for the quarter that ended in Mar. 2026 was NT$1,183 Mil. Zero One Technology Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$4,793 Mil. Therefore, Zero One Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 24.69%.
The historical rank and industry rank for Zero One Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:3029'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.58 Med: 16.01 Max: 24.3
Current: 24.3
During the past 13 years, Zero One Technology Co's highest Return-on-Tangible-Equity was 24.30%. The lowest was 9.58%. And the median was 16.01%.
TPE:3029's Return-on-Tangible-Equity is ranked better than 89.59% of 2383
companies
in the Hardware industry
Industry Median: 5.36
vs TPE:3029: 24.30
Zero One Technology Co (TPE:3029) 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.
Zero One Technology Co Return-on-Tangible-Equity Related Terms
Zero One Technology Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Zero One Technology 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.
Zero One Technology Co Return-on-Tangible-Equity Chart
TPE:3029 vs SNDK, DELL, STX: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, Zero One Technology 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.
Zero One Technology Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Zero One Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zero One Technology 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 24.69% mean?
Zero One Technology Co (TPE:3029) has a Return-on-Tangible-Equity of 24.69% 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 Zero One Technology Co and its competitors. This is 54% above median its historical median of 16.01. Over the past decade, Zero One Technology Co's Return-on-Tangible-Equity has ranged from 9.58 to 24.30. According to the industry distribution chart, Zero One Technology Co ranks #248 out of 2383 companies in the Hardware industry, placing it in the top 10.4%.
Is Zero One Technology Co's Return-on-Tangible-Equity too high?
Zero One Technology Co's current Return-on-Tangible-Equity of 24.69% is 54% above median its 10-year median of 16.01. Over the past 10 years, this metric has ranged from a low of 9.58 to a high of 24.30. The Hardware industry median Return-on-Tangible-Equity is 5.36. Zero One Technology Co's value of 24.69% is 360.6% above this industry median. Based on the distribution chart, Zero One Technology Co ranks #248 out of 2383 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Zero One Technology Co has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zero One Technology Co's Return-on-Tangible-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, Zero One Technology Co ranks #248 out of 2383 companies for Return-on-Tangible-Equity. This places Zero One Technology Co in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.36. Zero One Technology Co's value of 24.69% is 360.6% above this benchmark. Historically, Zero One Technology Co's own Return-on-Tangible-Equity has ranged from 9.58 to 24.30 over the past decade. While the company's 10-year median is 16.01 vs. the industry median of 5.36, Zero One Technology 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 5.36, 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. Zero One Technology Co's current Return-on-Tangible-Equity of 24.69% is 360.6% 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 Zero One Technology Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zero One Technology Co's current Return-on-Tangible-Equity is 24.69%, which is 54% above median its own 10-year median of 16.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zero One Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zero One Technology Co (TPE:3029) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$129.80, compared to a current price of NT$104.00 — trading 19.9% below its estimated fair value. The current Return-on-Tangible-Equity is 24.69%, which is 54% above median its 10-year median of 16.01 and 360.6% above the Hardware industry median of 5.36. Zero One Technology Co's overall GF Score™ is 98/100 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 Zero One Technology Co (TPE:3029), the current Return-on-Tangible-Equity is 24.69% 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 Zero One Technology Co (TPE:3029) Overvalued in 2026?
Based on GuruFocus' analysis, Zero One Technology Co stock appears to be undervalued.
The current stock price of NT$104.00 is trading 19.9% below its estimated GF Value™ of NT$129.80.
GuruFocus considers Zero One Technology Co to be Modestly Undervalued.
Key valuation signals for TPE:3029:
Return-on-Tangible-Equity: 24.69% (54% above median its 10-year median of 16.01)
GF Value™: NT$129.80 vs. price of NT$104.00 (19.9% below fair value)
Industry Position: 360.6% above the Hardware median (#248 of 2383)
No single metric tells the full story. See the TPE:3029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zero One Technology Co Ltd is engaged in the design, manufacturing, packaging, selling, consulting, and services of electronic information, computer software, hardware, accessories, components, and chinese data processing. It provides complete enterprise IT solutions covering AI-enabled IT infrastructure, cloud computing and services, cybersecurity resilience, and AI applications. These solutions help enterprises improve system performance, strengthen cybersecurity, optimize cloud management, and accelerate the implementation of AI applications. The Group's operating segments are: The brand agent business, which generates maximum revenue, and Other. Geographically, it derives maximum revenue from Taiwan, and the rest from other regions.
98GF Score
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