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Hengs Technology CoTPE:4582 +2.11%63 Return-on-Tangible-Equity is 11.56% as of Mar. 2026, which is 5% above its 10-year median of 11.01. GuruFocus rates TPE:4582 with a GF Score™ of 63/100 and a GF Value™ of NT$21.17 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 986 Semiconductors companies, Hengs Technology Co ranks better than 71.91% 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. Hengs Technology Co's annualized net income for the quarter that ended in Mar. 2026 was NT$142 Mil. Hengs Technology Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$1,227 Mil. Therefore, Hengs Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.56%.
The historical rank and industry rank for Hengs Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:4582'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.57 Med: 11.01 Max: 41.58
Current: 13.29
During the past 10 years, Hengs Technology Co's highest Return-on-Tangible-Equity was 41.58%. The lowest was -0.57%. And the median was 11.01%.
TPE:4582's Return-on-Tangible-Equity is ranked better than 71.91% of 986
companies
in the Semiconductors industry
Industry Median: 5.62
vs TPE:4582: 13.29
Hengs Technology Co (TPE:4582) 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.
Hengs Technology Co Return-on-Tangible-Equity Related Terms
Hengs Technology Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hengs 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.
Hengs Technology Co Return-on-Tangible-Equity Chart
TPE:4582 vs FSLR, NXT, ENPH: Return-on-Tangible-Equity Comparison
For the Solar subindustry, Hengs 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.
Hengs Technology Co Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Hengs Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hengs 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 11.56% mean?
Hengs Technology Co (TPE:4582) has a Return-on-Tangible-Equity of 11.56% 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 Hengs Technology Co and its competitors. This is near median its historical median of 11.01. According to the industry distribution chart, Hengs Technology Co ranks #277 out of 986 companies in the Semiconductors industry, placing it in the top 28.1%.
Is Hengs Technology Co's Return-on-Tangible-Equity too high?
Hengs Technology Co's current Return-on-Tangible-Equity of 11.56% is near median its 10-year median of 11.01. The Semiconductors industry median Return-on-Tangible-Equity is 5.62. Hengs Technology Co's value of 11.56% is 105.7% above this industry median. Based on the distribution chart, Hengs Technology Co ranks #277 out of 986 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Hengs Technology Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hengs Technology Co's Return-on-Tangible-Equity compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Hengs Technology Co ranks #277 out of 986 companies for Return-on-Tangible-Equity. This puts Hengs Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.62. Hengs Technology Co's value of 11.56% is 105.7% above this benchmark. While the company's 10-year median is 11.01 vs. the industry median of 5.62, Hengs 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.62, based on 986 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. Hengs Technology Co's current Return-on-Tangible-Equity of 11.56% is 105.7% 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 Hengs Technology Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hengs Technology Co's current Return-on-Tangible-Equity is 11.56%, which is near median its own 10-year median of 11.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengs Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hengs Technology Co (TPE:4582) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$21.17, compared to a current price of NT$29.00 — trading 37% above its estimated fair value. The current Return-on-Tangible-Equity is 11.56%, which is near median its 10-year median of 11.01 and 105.7% above the Semiconductors industry median of 5.62. Hengs Technology Co's overall GF Score™ is 63/100 with 3 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 Hengs Technology Co (TPE:4582), the current Return-on-Tangible-Equity is 11.56% 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 Hengs Technology Co (TPE:4582) Overvalued in 2026?
Based on GuruFocus' analysis, Hengs Technology Co stock appears to be overvalued.
The current stock price of NT$29.00 is trading 37% above its estimated GF Value™ of NT$21.17.
GuruFocus considers Hengs Technology Co to be Significantly Overvalued.
Key valuation signals for TPE:4582:
Return-on-Tangible-Equity: 11.56% (near median its 10-year median of 11.01)
GF Value™: NT$21.17 vs. price of NT$29.00 (37% above fair value)
Industry Position: 105.7% above the Semiconductors median (#277 of 986)
No single metric tells the full story. See the TPE:4582 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hengs Technology Co Ltd is a Taiwan-based company engaged in the development of the solar power system. The product portfolio of the company includes Solar Pump Package, Solar Outdoor Lighting, Solar Mounting Rack, PV Module, and Battery among others. The main business projects include energy technical service engineering, electronic equipment retail and wholesale, other machinery and lighting equipment manufacturing, international trade, etc.
63GF Score
Get the complete analysis for TPE:4582
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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