Lumax InternationalTPE:6192 90 Return-on-Tangible-Equity is 12.51% as of Dec. 2025, which is 16% below its 10-year median of 14.86. GuruFocus rates TPE:6192 with a GF Score™ of 90/100 and a GF Value™ of NT$103.03 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 155 Industrial Distribution companies, Lumax International ranks better than 63.87% 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. Lumax International's annualized net income for the quarter that ended in Dec. 2025 was NT$920 Mil. Lumax International's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$7,358 Mil. Therefore, Lumax International's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 12.51%.
The historical rank and industry rank for Lumax International's Return-on-Tangible-Equity or its related term are showing as below:
TPE:6192'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.86 Med: 14.86 Max: 16.87
Current: 13.6
During the past 13 years, Lumax International's highest Return-on-Tangible-Equity was 16.87%. The lowest was 11.86%. And the median was 14.86%.
TPE:6192's Return-on-Tangible-Equity is ranked better than 63.87% of 155
companies
in the Industrial Distribution industry
Industry Median: 8.96
vs TPE:6192: 13.60
Lumax International (TPE:6192) 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.
Lumax International Return-on-Tangible-Equity Related Terms
Lumax International Return-on-Tangible-Equity Historical Data
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The historical data trend for Lumax International'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.
Lumax International Return-on-Tangible-Equity Chart
TPE:6192 vs GWW, FAST, FERG: Return-on-Tangible-Equity Comparison
For the Industrial Distribution subindustry, Lumax International'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.
Lumax International Return-on-Tangible-Equity vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Lumax International's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lumax International'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 12.51% mean?
Lumax International (TPE:6192) has a Return-on-Tangible-Equity of 12.51% 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 Lumax International and its competitors. This is 16% below median its historical median of 14.86. Over the past decade, Lumax International's Return-on-Tangible-Equity has ranged from 11.86 to 16.87. According to the industry distribution chart, Lumax International ranks #56 out of 155 companies in the Industrial Distribution industry, placing it in the top 36.1%.
Is Lumax International's Return-on-Tangible-Equity too high?
Lumax International's current Return-on-Tangible-Equity of 12.51% is 16% below median its 10-year median of 14.86. Over the past 10 years, this metric has ranged from a low of 11.86 to a high of 16.87. The Industrial Distribution industry median Return-on-Tangible-Equity is 8.96. Lumax International's value of 12.51% is 39.6% above this industry median. Based on the distribution chart, Lumax International ranks #56 out of 155 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Lumax International has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lumax International's Return-on-Tangible-Equity compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Lumax International ranks #56 out of 155 companies for Return-on-Tangible-Equity. This puts Lumax International in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.96. Lumax International's value of 12.51% is 39.6% above this benchmark. Historically, Lumax International's own Return-on-Tangible-Equity has ranged from 11.86 to 16.87 over the past decade. While the company's 10-year median is 14.86 vs. the industry median of 8.96, Lumax International 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 Distribution company?
The median Return-on-Tangible-Equity among Industrial Distribution companies is 8.96, based on 155 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. Lumax International's current Return-on-Tangible-Equity of 12.51% is 39.6% 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 Lumax International and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Equity is 8.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lumax International's current Return-on-Tangible-Equity is 12.51%, which is 16% below median its own 10-year median of 14.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lumax International stock overvalued right now?
Based on GuruFocus' analysis, Lumax International (TPE:6192) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$103.03, compared to a current price of NT$120.00 — trading 16.5% above its estimated fair value. The current Return-on-Tangible-Equity is 12.51%, which is 16% below median its 10-year median of 14.86 and 39.6% above the Industrial Distribution industry median of 8.96. Lumax International's overall GF Score™ is 90/100 with 6 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 Lumax International (TPE:6192), the current Return-on-Tangible-Equity is 12.51% 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 Lumax International (TPE:6192) Overvalued in 2026?
Based on GuruFocus' analysis, Lumax International stock appears to be overvalued.
The current stock price of NT$120.00 is trading 16.5% above its estimated GF Value™ of NT$103.03.
GuruFocus considers Lumax International to be Modestly Overvalued.
Key valuation signals for TPE:6192:
Return-on-Tangible-Equity: 12.51% (16% below median its 10-year median of 14.86)
GF Value™: NT$103.03 vs. price of NT$120.00 (16.5% above fair value)
Industry Position: 39.6% above the Industrial Distribution median (#56 of 155)
No single metric tells the full story. See the TPE:6192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lumax International Corp Ltd is engaged in the trading of electronic components and process control equipment, the integration of process control systems, and the provision of related maintenance services. It provides goods or services in the following reportable segments: Process control instrument - department A; Process control system - department B; Telecommunication system - department C; Electronics component - department D; and Other process control - department CN. Maximum revenue is derived from the Process control division, which provides hardware products for calibration, inspection, and maintenance of control valves, switch valves, measurement instruments, analyzing instruments, etc. Geographically, it generates maximum revenue from Taiwan, followed by China, and other markets.
90GF Score
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