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Zhen Ding Technology HoldingTPE:4958 -1.75%68 Return-on-Tangible-Equity is 10.88% as of Dec. 2025, which is 7% below its 10-year median of 11.75. GuruFocus rates TPE:4958 with a GF Score™ of 68/100 and a GF Value™ of NT$112.77 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 2,385 Hardware companies, Zhen Ding Technology Holding ranks better than 53.46% 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. Zhen Ding Technology Holding's annualized net income for the quarter that ended in Dec. 2025 was NT$12,645 Mil. Zhen Ding Technology Holding's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$116,232 Mil. Therefore, Zhen Ding Technology Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 10.88%.
The historical rank and industry rank for Zhen Ding Technology Holding's Return-on-Tangible-Equity or its related term are showing as below:
TPE:4958'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.96 Med: 11.75 Max: 16.87
Current: 6.31
During the past 13 years, Zhen Ding Technology Holding's highest Return-on-Tangible-Equity was 16.87%. The lowest was 5.96%. And the median was 11.75%.
TPE:4958's Return-on-Tangible-Equity is ranked better than 53.46% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs TPE:4958: 6.31
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.
Zhen Ding Technology Holding Return-on-Tangible-Equity Related Terms
Zhen Ding Technology Holding 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.
TPE:4958 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Zhen Ding Technology Holding'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.
Zhen Ding Technology Holding Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Zhen Ding Technology Holding's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zhen Ding Technology Holding'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 10.88% mean?
Zhen Ding Technology Holding (TPE:4958) has a Return-on-Tangible-Equity of 10.88% 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 Zhen Ding Technology Holding and its competitors. This is near median its historical median of 11.75. Over the past decade, Zhen Ding Technology Holding's Return-on-Tangible-Equity has ranged from 5.96 to 16.87. According to the industry distribution chart, Zhen Ding Technology Holding ranks #1110 out of 2385 companies in the Hardware industry, placing it in the top 46.5%.
Is Zhen Ding Technology Holding's Return-on-Tangible-Equity too high?
Zhen Ding Technology Holding's current Return-on-Tangible-Equity of 10.88% is near median its 10-year median of 11.75. Over the past 10 years, this metric has ranged from a low of 5.96 to a high of 16.87. The Hardware industry median Return-on-Tangible-Equity is 5.32. Zhen Ding Technology Holding's value of 10.88% is 104.5% above this industry median. Based on the distribution chart, Zhen Ding Technology Holding ranks #1110 out of 2385 companies in the Hardware industry, which is above the industry midpoint. Overall, Zhen Ding Technology Holding has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhen Ding Technology Holding's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Zhen Ding Technology Holding ranks #1110 out of 2385 companies for Return-on-Tangible-Equity. This puts Zhen Ding Technology Holding in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Zhen Ding Technology Holding's value of 10.88% is 104.5% above this benchmark. Historically, Zhen Ding Technology Holding's own Return-on-Tangible-Equity has ranged from 5.96 to 16.87 over the past decade. While the company's 10-year median is 11.75 vs. the industry median of 5.32, Zhen Ding Technology Holding 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 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. Zhen Ding Technology Holding's current Return-on-Tangible-Equity of 10.88% is 104.5% 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 Zhen Ding Technology Holding 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. Zhen Ding Technology Holding's current Return-on-Tangible-Equity is 10.88%, which is near median its own 10-year median of 11.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhen Ding Technology Holding stock overvalued right now?
Based on GuruFocus' analysis, Zhen Ding Technology Holding (TPE:4958) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$112.77, compared to a current price of NT$618.00 — trading 448% above its estimated fair value. The current Return-on-Tangible-Equity is 10.88%, which is near median its 10-year median of 11.75 and 104.5% above the Hardware industry median of 5.32. Zhen Ding Technology Holding's overall GF Score™ is 68/100 with 10 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 Zhen Ding Technology Holding (TPE:4958), the current Return-on-Tangible-Equity is 10.88% 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 Zhen Ding Technology Holding (TPE:4958) Overvalued in 2026?
Based on GuruFocus' analysis, Zhen Ding Technology Holding stock appears to be overvalued.
The current stock price of NT$618.00 is trading 448% above its estimated GF Value™ of NT$112.77.
GuruFocus considers Zhen Ding Technology Holding to be Significantly Overvalued.
Key valuation signals for TPE:4958:
Return-on-Tangible-Equity: 10.88% (near median its 10-year median of 11.75)
GF Value™: NT$112.77 vs. price of NT$618.00 (448% above fair value)
Industry Position: 104.5% above the Hardware median (#1110 of 2385)
No single metric tells the full story. See the TPE:4958 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhen Ding Technology Holding Ltd manufactures printed circuit boards, including high-density interconnection, flexible printed circuits, rigid printed circuit boards, and integrated circuit substrates. These products are used in a variety of applications, including personal computers, watches, memory and data cards, smartphones, tablets, media players, televisions, digital and video cameras, and game consoles. Its customers include the telecommunications, electronics, automotive, medical equipment, military equipment, and space industries. The Group generates all of its revenue from the manufacturing of PCB products. Geographically, it derives maximum revenue from the USA, and the rest from Mainland China, Taiwan, Singapore, and other regions.
68GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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