Wha Yu Industrial Co (TPE:3419) Return-on-Tangible-Equity: -21.71% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TPE:3419 Wha Yu Industrial Co Ltd TPE:3419
72 GF Score
Price NT$12.50
GF Value NT$17.84
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Wha Yu Industrial Co Return-on-Tangible-Equity?

Wha Yu Industrial Co TPE:3419 +0.40% 72 Return-on-Tangible-Equity is -21.71% as of Dec. 2025. GuruFocus rates TPE:3419 with a GF Score™ of 72/100 and a GF Value™ of NT$17.84 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,383 Hardware companies, Wha Yu Industrial Co ranks worse than 88.38% 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. Wha Yu Industrial Co's annualized net income for the quarter that ended in Dec. 2025 was NT$-211 Mil. Wha Yu Industrial Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$973 Mil. Therefore, Wha Yu Industrial Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -21.71%.

The historical rank and industry rank for Wha Yu Industrial Co's Return-on-Tangible-Equity or its related term are showing as below:

TPE:3419' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -20.52   Med: -3.69   Max: 5.84
Current: -20.52

During the past 13 years, Wha Yu Industrial Co's highest Return-on-Tangible-Equity was 5.84%. The lowest was -20.52%. And the median was -3.69%.

TPE:3419's Return-on-Tangible-Equity is ranked worse than
88.38% of 2383 companies
in the Hardware industry
Industry Median: 5.32 vs TPE:3419: -20.52

Wha Yu Industrial Co  (TPE:3419) 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.


Wha Yu Industrial Co Return-on-Tangible-Equity Related Terms


Wha Yu Industrial Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Wha Yu Industrial 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.

Wha Yu Industrial Co Return-on-Tangible-Equity Chart

Wha Yu Industrial 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 -2.72 2.33 -8.71 -11.73 -20.20

Wha Yu Industrial 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 -10.63 -17.29 -30.34 -12.89 -21.71

TPE:3419 vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison

For the Communication Equipment subindustry, Wha Yu Industrial 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.


Wha Yu Industrial Co Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Wha Yu Industrial Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Wha Yu Industrial Co's Return-on-Tangible-Equity falls into.


TPE:3419
72GF Score
Wha Yu Industrial Co Ltd TPE:3419
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wha Yu Industrial Co Return-on-Tangible-Equity Calculation

Wha Yu Industrial 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 )
=-216.196/( (1180.99+959.533 )/ 2 )
=-216.196/1070.2615
=-20.20 %

Wha Yu Industrial 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 )
=-211.288/( (986.85+959.533)/ 2 )
=-211.288/973.1915
=-21.71 %

* 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 -21.71% mean?
Wha Yu Industrial Co (TPE:3419) has a Return-on-Tangible-Equity of -21.71% 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 Wha Yu Industrial Co and its competitors. According to the industry distribution chart, Wha Yu Industrial Co ranks #2106 out of 2383 companies in the Hardware industry, placing it in the top 88.4%.
Is Wha Yu Industrial Co's Return-on-Tangible-Equity too high?
Wha Yu Industrial Co's current Return-on-Tangible-Equity is -21.71%. Based on the distribution chart, Wha Yu Industrial Co ranks #2106 out of 2383 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Wha Yu Industrial Co has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wha Yu Industrial Co's Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Wha Yu Industrial Co ranks #2106 out of 2383 companies for Return-on-Tangible-Equity. This places Wha Yu Industrial Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.32. 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 2,383 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. 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 Wha Yu Industrial 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. Wha Yu Industrial Co's current Return-on-Tangible-Equity is -21.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wha Yu Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Wha Yu Industrial Co (TPE:3419) is currently considered Possible Value Trap. The stock's GF Value™ is NT$17.84, compared to a current price of NT$12.50 — trading 29.9% below its estimated fair value. The current Return-on-Tangible-Equity is -21.71%. Wha Yu Industrial Co's overall GF Score™ is 72/100 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 Wha Yu Industrial Co (TPE:3419), the current Return-on-Tangible-Equity is -21.71% 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 Wha Yu Industrial Co (TPE:3419) Overvalued in 2026?

Based on GuruFocus' analysis, Wha Yu Industrial Co stock appears to be undervalued. The current stock price of NT$12.50 is trading 29.9% below its estimated GF Value™ of NT$17.84. GuruFocus considers Wha Yu Industrial Co to be Possible Value Trap.

Key valuation signals for TPE:3419:

  • Return-on-Tangible-Equity: -21.71%
  • GF Value™: NT$17.84 vs. price of NT$12.50 (29.9% below fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the TPE:3419 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wha Yu Industrial Co Business Description

Address Gongdao 5th Road, No. 326, Section 2, East District, Hsinchu City, TWN, 300043
Wha Yu Industrial Co Ltd is engaged in industrial plastic products, wires, cables, electronic components, wholesale of electronic materials, retail of electronic materials and international trade. The Company's reportable segments are the Department of High, Medium and Low Frequency Wireless Devices and Electronic Signal Connection Devices and Electronic Products, which generates maximum revenue, and the Department of Trading and Agency for Parts Business. The Company generates maximum revenue from Asia.
72GF Score

Get the complete analysis for TPE:3419

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

NT$12.50
Price
NT$17.84
GF Value