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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. Min Aik Technology Co's annualized net income for the quarter that ended in Dec. 2025 was NT$37 Mil. Min Aik Technology Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,591 Mil. Therefore, Min Aik Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 1.44%.
The historical rank and industry rank for Min Aik Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:3060'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.86 Med: -0.37 Max: 6.55
Current: -2.05
During the past 13 years, Min Aik Technology Co's highest Return-on-Tangible-Equity was 6.55%. The lowest was -10.86%. And the median was -0.37%.
TPE:3060's Return-on-Tangible-Equity is ranked worse than 72.29% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs TPE:3060: -2.05
Min Aik Technology Co (TPE:3060) 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.
Min Aik Technology Co Return-on-Tangible-Equity Related Terms
Min Aik Technology Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Min Aik 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.
Min Aik Technology Co Return-on-Tangible-Equity Chart
TPE:3060 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Min Aik 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.
Min Aik Technology Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Min Aik Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Min Aik 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 (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 1.44% mean?
Min Aik Technology Co (TPE:3060) has a Return-on-Tangible-Equity of 1.44% 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 Min Aik Technology Co and its competitors. According to the industry distribution chart, Min Aik Technology Co ranks #1724 out of 2385 companies in the Hardware industry, placing it in the top 72.3%.
Is Min Aik Technology Co's Return-on-Tangible-Equity too high?
Min Aik Technology Co's current Return-on-Tangible-Equity is 1.44%. The Hardware industry median Return-on-Tangible-Equity is 5.32. Min Aik Technology Co's value of 1.44% is 72.9% below this industry median. Based on the distribution chart, Min Aik Technology Co ranks #1724 out of 2385 companies in the Hardware industry, which is below the industry midpoint. Overall, Min Aik Technology Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Min Aik Technology Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Min Aik Technology Co ranks #1724 out of 2385 companies for Return-on-Tangible-Equity. This places Min Aik Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Min Aik Technology Co's value of 1.44% is 72.9% below this benchmark. 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. Min Aik Technology Co's current Return-on-Tangible-Equity of 1.44% is 72.9% below 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 Min Aik Technology 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. Min Aik Technology Co's current Return-on-Tangible-Equity is 1.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Min Aik Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Min Aik Technology Co (TPE:3060) is currently considered Fairly Valued. The stock's GF Value™ is NT$30.11, compared to a current price of NT$32.25 — trading 7.1% above its estimated fair value. The current Return-on-Tangible-Equity is 1.44% and 72.9% below the Hardware industry median of 5.32. Min Aik Technology Co's overall GF Score™ is 64/100 with 7 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 Min Aik Technology Co (TPE:3060), the current Return-on-Tangible-Equity is 1.44% 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 Min Aik Technology Co (TPE:3060) Overvalued in 2026?
Based on GuruFocus' analysis, Min Aik Technology Co stock appears to be overvalued.
The current stock price of NT$32.25 is trading 7.1% above its estimated GF Value™ of NT$30.11.
GuruFocus considers Min Aik Technology Co to be Fairly Valued.
Key valuation signals for TPE:3060:
Return-on-Tangible-Equity: 1.44%
GF Value™: NT$30.11 vs. price of NT$32.25 (7.1% above fair value)
Industry Position: 72.9% below the Hardware median (#1724 of 2385)
No single metric tells the full story. See the TPE:3060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Min Aik Technology Co Ltd is involved in the design, manufacture, and sale of hard disk drive components, plastic camera components, medical device parts, and mechanical components for optical devices. Its operating segments are EMS (Electronics Manufacturing Service), which is the key revenue driver, which includes designing and manufacturing consumer electronics end products; the Automatic Equipment Service segment includes designing and manufacturing automatic machinery for industrial use; and the Commerce Service segment includes trading business. The company's geographical segments include Thailand, which is its key revenue-generating market, Singapore, Taiwan, the United States, and others.
64GF Score
Get the complete analysis for TPE:3060
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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