Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Bestec Power Electronics Co's annualized net income for the quarter that ended in Dec. 2025 was NT$109.25 Mil. Bestec Power Electronics Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,099.14 Mil. Therefore, Bestec Power Electronics Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 9.94%.
The historical rank and industry rank for Bestec Power Electronics Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:3308'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.21 Med: -2.82 Max: 46.23
Current: 3.75
During the past 13 years, Bestec Power Electronics Co's highest Return-on-Tangible-Equity was 46.23%. The lowest was -16.21%. And the median was -2.82%.
TPE:3308's Return-on-Tangible-Equity is ranked worse than 62.15% of 2972
companies
in the Industrial Products industry
Industry Median: 6.72
vs TPE:3308: 3.75
Bestec Power Electronics Co (TPE:3308) 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.
Bestec Power Electronics Co Return-on-Tangible-Equity Related Terms
Bestec Power Electronics Co 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.
Bestec Power Electronics Co Return-on-Tangible-Equity Chart
TPE:3308 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Bestec Power Electronics 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.
Bestec Power Electronics Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bestec Power Electronics Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bestec Power Electronics 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 9.94% mean?
Bestec Power Electronics Co (TPE:3308) has a Return-on-Tangible-Equity of 9.94% 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 Bestec Power Electronics Co and its competitors. According to the industry distribution chart, Bestec Power Electronics Co ranks #1847 out of 2972 companies in the Industrial Products industry, placing it in the top 62.1%.
Is Bestec Power Electronics Co's Return-on-Tangible-Equity too high?
Bestec Power Electronics Co's current Return-on-Tangible-Equity is 9.94%. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Bestec Power Electronics Co's value of 9.94% is 47.9% above this industry median. Based on the distribution chart, Bestec Power Electronics Co ranks #1847 out of 2972 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Bestec Power Electronics Co has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bestec Power Electronics Co's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Bestec Power Electronics Co ranks #1847 out of 2972 companies for Return-on-Tangible-Equity. This places Bestec Power Electronics Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.72. Bestec Power Electronics Co's value of 9.94% is 47.9% above 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 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. Bestec Power Electronics Co's current Return-on-Tangible-Equity of 9.94% is 47.9% 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 Bestec Power Electronics 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. Bestec Power Electronics Co's current Return-on-Tangible-Equity is 9.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bestec Power Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Bestec Power Electronics Co (TPE:3308) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$0.77, compared to a current price of NT$21.10 — trading 2640.3% above its estimated fair value. The current Return-on-Tangible-Equity is 9.94% and 47.9% above the Industrial Products industry median of 6.72. Bestec Power Electronics Co's overall GF Score™ is 39/100 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 Bestec Power Electronics Co (TPE:3308), the current Return-on-Tangible-Equity is 9.94% 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 Bestec Power Electronics Co (TPE:3308) Overvalued in 2026?
Based on GuruFocus' analysis, Bestec Power Electronics Co stock appears to be overvalued.
The current stock price of NT$21.10 is trading 2640.3% above its estimated GF Value™ of NT$0.77.
GuruFocus considers Bestec Power Electronics Co to be Significantly Overvalued.
Key valuation signals for TPE:3308:
Return-on-Tangible-Equity: 9.94%
GF Value™: NT$0.77 vs. price of NT$21.10 (2640.3% above fair value)
Industry Position: 47.9% above the Industrial Products median (#1847 of 2972)
No single metric tells the full story. See the TPE:3308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bestec Power Electronics Co Ltd is engaged in processing, manufacturing, and trading of products such as switching power supplies, IoT cloud server power supplies, wireless chargers, high-power, high-efficiency, high-density power supplies for gaming, and power converters. Its products include gogi Pet Soothing Water, Liande Bio-Extreme Water, drones, Power supply, Uninterruptible power supply system, charger, adapter, and Open Frame. Its segments include Product segment engaged in the production and domestic sales of power supplies, power converters, and bottled water, among others; and Other segment engaged in hotel operations or leasing activities. It derives the majority of revenue from Other segment.
39GF Score
Get the complete analysis for TPE:3308
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:3308 has been successfully added to your 
