Voltronic Power TechnologyTPE:6409 100 Return-on-Tangible-Equity is 15.77% as of Mar. 2026, which is 63% below its 10-year median of 43.05. GuruFocus rates TPE:6409 with a GF Score™ of 100/100 and a GF Value™ of NT$1,434.49 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,968 Industrial Products companies, Voltronic Power Technology ranks better than 92.22% 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. Voltronic Power Technology's annualized net income for the quarter that ended in Mar. 2026 was NT$1,566 Mil. Voltronic Power Technology's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$9,931 Mil. Therefore, Voltronic Power Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.77%.
The historical rank and industry rank for Voltronic Power Technology's Return-on-Tangible-Equity or its related term are showing as below:
TPE:6409'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 32.27 Med: 43.05 Max: 63.34
Current: 32.74
During the past 13 years, Voltronic Power Technology's highest Return-on-Tangible-Equity was 63.34%. The lowest was 32.27%. And the median was 43.05%.
TPE:6409's Return-on-Tangible-Equity is ranked better than 92.22% of 2968
companies
in the Industrial Products industry
Industry Median: 6.725
vs TPE:6409: 32.74
Voltronic Power Technology (TPE:6409) 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.
Voltronic Power Technology Return-on-Tangible-Equity Related Terms
Voltronic Power Technology 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.
Voltronic Power Technology Return-on-Tangible-Equity Chart
TPE:6409 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Voltronic Power Technology'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.
Voltronic Power Technology Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Voltronic Power Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Voltronic Power Technology'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 15.77% mean?
Voltronic Power Technology (TPE:6409) has a Return-on-Tangible-Equity of 15.77% 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 Voltronic Power Technology and its competitors. This is 63% below median its historical median of 43.05. Over the past decade, Voltronic Power Technology's Return-on-Tangible-Equity has ranged from 32.27 to 63.34. According to the industry distribution chart, Voltronic Power Technology ranks #231 out of 2968 companies in the Industrial Products industry, placing it in the top 7.8%.
Is Voltronic Power Technology's Return-on-Tangible-Equity too high?
Voltronic Power Technology's current Return-on-Tangible-Equity of 15.77% is 63% below median its 10-year median of 43.05. Over the past 10 years, this metric has ranged from a low of 32.27 to a high of 63.34. The Industrial Products industry median Return-on-Tangible-Equity is 6.73. Voltronic Power Technology's value of 15.77% is 134.5% above this industry median. Based on the distribution chart, Voltronic Power Technology ranks #231 out of 2968 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Voltronic Power Technology has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Voltronic Power Technology's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Voltronic Power Technology ranks #231 out of 2968 companies for Return-on-Tangible-Equity. This places Voltronic Power Technology in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.73. Voltronic Power Technology's value of 15.77% is 134.5% above this benchmark. Historically, Voltronic Power Technology's own Return-on-Tangible-Equity has ranged from 32.27 to 63.34 over the past decade. While the company's 10-year median is 43.05 vs. the industry median of 6.73, Voltronic Power Technology 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 Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.73, based on 2,968 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. Voltronic Power Technology's current Return-on-Tangible-Equity of 15.77% is 134.5% 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 Voltronic Power Technology and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voltronic Power Technology's current Return-on-Tangible-Equity is 15.77%, which is 63% below median its own 10-year median of 43.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voltronic Power Technology stock overvalued right now?
Based on GuruFocus' analysis, Voltronic Power Technology (TPE:6409) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$1,434.49, compared to a current price of NT$1,105.00 — trading 23% below its estimated fair value. The current Return-on-Tangible-Equity is 15.77%, which is 63% below median its 10-year median of 43.05 and 134.5% above the Industrial Products industry median of 6.73. Voltronic Power Technology's overall GF Score™ is 100/100 with 2 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 Voltronic Power Technology (TPE:6409), the current Return-on-Tangible-Equity is 15.77% 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 Voltronic Power Technology (TPE:6409) Overvalued in 2026?
Based on GuruFocus' analysis, Voltronic Power Technology stock appears to be undervalued.
The current stock price of NT$1,105.00 is trading 23% below its estimated GF Value™ of NT$1,434.49.
GuruFocus considers Voltronic Power Technology to be Modestly Undervalued.
Key valuation signals for TPE:6409:
Return-on-Tangible-Equity: 15.77% (63% below median its 10-year median of 43.05)
GF Value™: NT$1,434.49 vs. price of NT$1,105.00 (23% below fair value)
Industry Position: 134.5% above the Industrial Products median (#231 of 2968)
No single metric tells the full story. See the TPE:6409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Voltronic Power Technology Corp mainly manufactures and sells power electronics products, including uninterruptible power supply systems and inverters. Its product portfolio also includes photovoltaic inverters, energy storage systems, variable frequency drives, and electric vehicle chargers.
100GF Score
Get the complete analysis for TPE:6409
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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