TricorntechTPE:6909 73 Return-on-Tangible-Equity is 24.50% as of Dec. 2025, which is 250% above its 10-year median of 7.00. GuruFocus rates TPE:6909 with a GF Score™ of 73/100 and a GF Value™ of NT$49.00 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,968 Industrial Products companies, Tricorntech ranks better than 51.58% 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. Tricorntech's annualized net income for the quarter that ended in Dec. 2025 was NT$248.1 Mil. Tricorntech's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,012.6 Mil. Therefore, Tricorntech's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 24.50%.
The historical rank and industry rank for Tricorntech's Return-on-Tangible-Equity or its related term are showing as below:
TPE:6909'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.41 Med: 7 Max: 21.72
Current: 7.12
During the past 7 years, Tricorntech's highest Return-on-Tangible-Equity was 21.72%. The lowest was -18.41%. And the median was 7.00%.
TPE:6909's Return-on-Tangible-Equity is ranked better than 51.58% of 2968
companies
in the Industrial Products industry
Industry Median: 6.725
vs TPE:6909: 7.12
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.
Tricorntech Return-on-Tangible-Equity Related Terms
Tricorntech Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tricorntech'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:6909 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Tricorntech'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.
Tricorntech Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tricorntech's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tricorntech'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 24.50% mean?
Tricorntech (TPE:6909) has a Return-on-Tangible-Equity of 24.50% 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 Tricorntech and its competitors. This is 250% above median its historical median of 7.00. According to the industry distribution chart, Tricorntech ranks #1437 out of 2968 companies in the Industrial Products industry, placing it in the top 48.4%.
Is Tricorntech's Return-on-Tangible-Equity too high?
Tricorntech's current Return-on-Tangible-Equity of 24.50% is 250% above median its 10-year median of 7.00. The Industrial Products industry median Return-on-Tangible-Equity is 6.73. Tricorntech's value of 24.50% is 264.3% above this industry median. Based on the distribution chart, Tricorntech ranks #1437 out of 2968 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tricorntech has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tricorntech's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tricorntech ranks #1437 out of 2968 companies for Return-on-Tangible-Equity. This puts Tricorntech in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.73. Tricorntech's value of 24.50% is 264.3% above this benchmark. While the company's 10-year median is 7.00 vs. the industry median of 6.73, Tricorntech 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. Tricorntech's current Return-on-Tangible-Equity of 24.50% is 264.3% 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 Tricorntech 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. Tricorntech's current Return-on-Tangible-Equity is 24.50%, which is 250% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tricorntech stock overvalued right now?
Based on GuruFocus' analysis, Tricorntech (TPE:6909) is currently considered Fairly Valued. The stock's GF Value™ is NT$49.00, compared to a current price of NT$51.30 — trading 4.7% above its estimated fair value. The current Return-on-Tangible-Equity is 24.50%, which is 250% above median its 10-year median of 7.00 and 264.3% above the Industrial Products industry median of 6.73. Tricorntech's overall GF Score™ is 73/100 with 7 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 Tricorntech (TPE:6909), the current Return-on-Tangible-Equity is 24.50% 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 Tricorntech (TPE:6909) Overvalued in 2026?
Based on GuruFocus' analysis, Tricorntech stock appears to be overvalued.
The current stock price of NT$51.30 is trading 4.7% above its estimated GF Value™ of NT$49.00.
GuruFocus considers Tricorntech to be Fairly Valued.
Key valuation signals for TPE:6909:
Return-on-Tangible-Equity: 24.50% (250% above median its 10-year median of 7.00)
GF Value™: NT$49.00 vs. price of NT$51.30 (4.7% above fair value)
Industry Position: 264.3% above the Industrial Products median (#1437 of 2968)
No single metric tells the full story. See the TPE:6909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tricorntech Corp is engaged in the research and development, production, and sale of gas detection and pollution prevention equipment. Its products are Semiconductor process control, Environmental space monitoring, and Soil and groundwater pollution testing.
73GF Score
Get the complete analysis for TPE:6909
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