Ta Liang Technology Co (TPE:3167) Return-on-Tangible-Equity: 29.22% (As of Dec. 2025) — 71% Above Median

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TPE:3167 Ta Liang Technology Co Ltd TPE:3167
60 GF Score
Price NT$826.00
GF Value NT$230.03
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ta Liang Technology Co Return-on-Tangible-Equity?

Ta Liang Technology Co TPE:3167 +6.58% 60 Return-on-Tangible-Equity is 29.22% as of Dec. 2025, which is 71% above its 10-year median of 17.05. GuruFocus rates TPE:3167 with a GF Score™ of 60/100 and a GF Value™ of NT$230.03 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,972 Industrial Products companies, Ta Liang Technology Co ranks better than 88.59% 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. Ta Liang Technology Co's annualized net income for the quarter that ended in Dec. 2025 was NT$945 Mil. Ta Liang Technology Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$3,233 Mil. Therefore, Ta Liang Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 29.22%.

The historical rank and industry rank for Ta Liang Technology Co's Return-on-Tangible-Equity or its related term are showing as below:

TPE:3167' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.59   Med: 17.05   Max: 24.52
Current: 24.52

During the past 13 years, Ta Liang Technology Co's highest Return-on-Tangible-Equity was 24.52%. The lowest was 0.59%. And the median was 17.05%.

TPE:3167's Return-on-Tangible-Equity is ranked better than
88.59% of 2972 companies
in the Industrial Products industry
Industry Median: 6.72 vs TPE:3167: 24.52

Ta Liang Technology Co  (TPE:3167) 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.


Ta Liang Technology Co Return-on-Tangible-Equity Related Terms


Ta Liang Technology Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Ta Liang 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.

Ta Liang Technology Co Return-on-Tangible-Equity Chart

Ta Liang Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.36 13.74 0.59 5.24 23.65

Ta Liang Technology Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.08 13.24 25.55 29.83 29.22

TPE:3167 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison

For the Specialty Industrial Machinery subindustry, Ta Liang 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.


Ta Liang Technology Co Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ta Liang Technology Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ta Liang Technology Co's Return-on-Tangible-Equity falls into.


TPE:3167
60GF Score
Ta Liang Technology Co Ltd TPE:3167
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ta Liang Technology Co Return-on-Tangible-Equity Calculation

Ta Liang Technology Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=716.187/( (2654.73+3400.788 )/ 2 )
=716.187/3027.759
=23.65 %

Ta Liang Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=944.508/( (3064.802+3400.788)/ 2 )
=944.508/3232.795
=29.22 %

* 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 29.22% mean?
Ta Liang Technology Co (TPE:3167) has a Return-on-Tangible-Equity of 29.22% 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 Ta Liang Technology Co and its competitors. This is 71% above median its historical median of 17.05. Over the past decade, Ta Liang Technology Co's Return-on-Tangible-Equity has ranged from 0.59 to 24.52. According to the industry distribution chart, Ta Liang Technology Co ranks #339 out of 2972 companies in the Industrial Products industry, placing it in the top 11.4%.
Is Ta Liang Technology Co's Return-on-Tangible-Equity too high?
Ta Liang Technology Co's current Return-on-Tangible-Equity of 29.22% is 71% above median its 10-year median of 17.05. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 24.52. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Ta Liang Technology Co's value of 29.22% is 334.8% above this industry median. Based on the distribution chart, Ta Liang Technology Co ranks #339 out of 2972 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ta Liang Technology Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ta Liang Technology Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Ta Liang Technology Co ranks #339 out of 2972 companies for Return-on-Tangible-Equity. This places Ta Liang Technology Co in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. Ta Liang Technology Co's value of 29.22% is 334.8% above this benchmark. Historically, Ta Liang Technology Co's own Return-on-Tangible-Equity has ranged from 0.59 to 24.52 over the past decade. While the company's 10-year median is 17.05 vs. the industry median of 6.72, Ta Liang 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,972 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. Ta Liang Technology Co's current Return-on-Tangible-Equity of 29.22% is 334.8% 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 Ta Liang Technology Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ta Liang Technology Co's current Return-on-Tangible-Equity is 29.22%, which is 71% above median its own 10-year median of 17.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta Liang Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ta Liang Technology Co (TPE:3167) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$230.03, compared to a current price of NT$826.00 — trading 259.1% above its estimated fair value. The current Return-on-Tangible-Equity is 29.22%, which is 71% above median its 10-year median of 17.05 and 334.8% above the Industrial Products industry median of 6.72. Ta Liang Technology Co's overall GF Score™ is 60/100 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 Ta Liang Technology Co (TPE:3167), the current Return-on-Tangible-Equity is 29.22% 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 Ta Liang Technology Co (TPE:3167) Overvalued in 2026?

Based on GuruFocus' analysis, Ta Liang Technology Co stock appears to be overvalued. The current stock price of NT$826.00 is trading 259.1% above its estimated GF Value™ of NT$230.03. GuruFocus considers Ta Liang Technology Co to be Significantly Overvalued.

Key valuation signals for TPE:3167:

  • Return-on-Tangible-Equity: 29.22% (71% above median its 10-year median of 17.05)
  • GF Value™: NT$230.03 vs. price of NT$826.00 (259.1% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 334.8% above the Industrial Products median (#339 of 2972)

No single metric tells the full story. See the TPE:3167 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ta Liang Technology Co Business Description

Address No. 68, Fengtian Road, Ruifeng Village, Bade District, Taoyuan, TWN
Ta Liang Technology Co Ltd is a manufacturer and seller of machine design and mold design. It is engaged in the manufacturing of PCB (Printed Circuit Board) equipment and CNC (Computer Numerically Controlled) engraving and milling machines. The main income of the company and its subsidiaries comes from the design, manufacturing, and processing of various CNC machinery and equipment for customers. It provides PCB molding, drilling, sheet cutting, glass panel processing, and other special machinery. Its products include PCB routing machines, PCB drilling machines, and resin panel cutters. Geographically, it operates in Taiwan, China, Vietnam, USA, Thailand, Korea and Other Countries.
60GF Score

Get the complete analysis for TPE:3167

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$826.00
Price
NT$230.03
GF Value