Apogee Optocom CoTPE:6426 59 Return-on-Tangible-Equity is 5.13% as of Dec. 2025, which is 21% above its 10-year median of 4.24. GuruFocus rates TPE:6426 with a GF Score™ of 59/100 and a GF Value™ of NT$88.54 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,387 Hardware companies, Apogee Optocom Co ranks worse than 74.19% 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. Apogee Optocom Co's annualized net income for the quarter that ended in Dec. 2025 was NT$46.2 Mil. Apogee Optocom Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$899.2 Mil. Therefore, Apogee Optocom Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 5.13%.
The historical rank and industry rank for Apogee Optocom Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:6426'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.31 Med: 4.24 Max: 14.83
Current: -3.29
During the past 13 years, Apogee Optocom Co's highest Return-on-Tangible-Equity was 14.83%. The lowest was -13.31%. And the median was 4.24%.
TPE:6426's Return-on-Tangible-Equity is ranked worse than 74.19% of 2387
companies
in the Hardware industry
Industry Median: 5.28
vs TPE:6426: -3.29
Apogee Optocom Co (TPE:6426) 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.
Apogee Optocom Co Return-on-Tangible-Equity Related Terms
Apogee Optocom Co Return-on-Tangible-Equity Historical Data
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The historical data trend for Apogee Optocom 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.
TPE:6426 vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Apogee Optocom 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.
Apogee Optocom Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Apogee Optocom Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Apogee Optocom 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 (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 5.13% mean?
Apogee Optocom Co (TPE:6426) has a Return-on-Tangible-Equity of 5.13% 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 Apogee Optocom Co and its competitors. This is 21% above median its historical median of 4.24. According to the industry distribution chart, Apogee Optocom Co ranks #1771 out of 2387 companies in the Hardware industry, placing it in the top 74.2%.
Is Apogee Optocom Co's Return-on-Tangible-Equity too high?
Apogee Optocom Co's current Return-on-Tangible-Equity of 5.13% is 21% above median its 10-year median of 4.24. The Hardware industry median Return-on-Tangible-Equity is 5.28. Apogee Optocom Co's value of 5.13% is 2.8% below this industry median. Based on the distribution chart, Apogee Optocom Co ranks #1771 out of 2387 companies in the Hardware industry, which is below the industry midpoint. Overall, Apogee Optocom Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apogee Optocom Co's Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Apogee Optocom Co ranks #1771 out of 2387 companies for Return-on-Tangible-Equity. This places Apogee Optocom Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.28. Apogee Optocom Co's value of 5.13% is 2.8% below this benchmark. While the company's 10-year median is 4.24 vs. the industry median of 5.28, Apogee Optocom Co has consistently been below 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 5.28, based on 2,387 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. Apogee Optocom Co's current Return-on-Tangible-Equity of 5.13% is 2.8% below 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 Apogee Optocom Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apogee Optocom Co's current Return-on-Tangible-Equity is 5.13%, which is 21% above median its own 10-year median of 4.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apogee Optocom Co stock overvalued right now?
Based on GuruFocus' analysis, Apogee Optocom Co (TPE:6426) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$88.54, compared to a current price of NT$187.50 — trading 111.8% above its estimated fair value. The current Return-on-Tangible-Equity is 5.13%, which is 21% above median its 10-year median of 4.24 and 2.8% below the Hardware industry median of 5.28. Apogee Optocom Co's overall GF Score™ is 59/100 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 Apogee Optocom Co (TPE:6426), the current Return-on-Tangible-Equity is 5.13% 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 Apogee Optocom Co (TPE:6426) Overvalued in 2026?
Based on GuruFocus' analysis, Apogee Optocom Co stock appears to be overvalued.
The current stock price of NT$187.50 is trading 111.8% above its estimated GF Value™ of NT$88.54.
GuruFocus considers Apogee Optocom Co to be Significantly Overvalued.
Key valuation signals for TPE:6426:
Return-on-Tangible-Equity: 5.13% (21% above median its 10-year median of 4.24)
GF Value™: NT$88.54 vs. price of NT$187.50 (111.8% above fair value)
Industry Position: 2.8% below the Hardware median (#1771 of 2387)
No single metric tells the full story. See the TPE:6426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apogee Optocom Co Ltd is a communication component manufacturer based in Taiwan. Its product offerings mainly include thin-film filters for active optical communication components (E-PON, G-PON) and thin-film filters for passive optical communication components (CWDM, DWDM). Additionally, Group is involved in optical and functional thin film processing, and offers optical filters for 1.6T Gbps optical communication modules, co-packaged optics coating applications, and bandpass filters for mid-infrared (MIR) sensors. It also offers measurement instruments like white light interferometers, spectrometers, and mid and far-infrared spectrometers. The Group's reportable operating segments are: the parent company, which derives key revenue, and Subsidiary. Geographically, its key market is China.
59GF Score
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