Winstar Display Co (TPE:6916) Return-on-Tangible-Equity: -12.29% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:6916 Winstar Display Co Ltd TPE:6916
47 GF Score
Price NT$19.80
GF Value NT$19.57
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Winstar Display Co Return-on-Tangible-Equity?

Winstar Display Co TPE:6916 -1.74% 47 Return-on-Tangible-Equity is -12.29% as of Dec. 2025. GuruFocus rates TPE:6916 with a GF Score™ of 47/100 and a GF Value™ of NT$19.57 (Fairly Valued). The stock has 9 warning signs investors should review. Among 2,387 Hardware companies, Winstar Display Co ranks worse than 81.86% 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. Winstar Display Co's annualized net income for the quarter that ended in Dec. 2025 was NT$-127 Mil. Winstar Display Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,029 Mil. Therefore, Winstar Display Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -12.29%.

The historical rank and industry rank for Winstar Display Co's Return-on-Tangible-Equity or its related term are showing as below:

TPE:6916' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.12   Med: 2.76   Max: 36.58
Current: -9.12

During the past 7 years, Winstar Display Co's highest Return-on-Tangible-Equity was 36.58%. The lowest was -9.12%. And the median was 2.76%.

TPE:6916's Return-on-Tangible-Equity is ranked worse than
81.86% of 2387 companies
in the Hardware industry
Industry Median: 5.28 vs TPE:6916: -9.12

Winstar Display Co  (TPE:6916) 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.


Winstar Display Co Return-on-Tangible-Equity Related Terms


Winstar Display Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Winstar Display 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.

Winstar Display Co Return-on-Tangible-Equity Chart

Winstar Display Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 11.01 36.58 7.65 2.76 -9.00

Winstar Display Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.74 0.30 -23.48 -1.42 -12.29

TPE:6916 vs APH, GLW: Return-on-Tangible-Equity Comparison

For the Electronic Components subindustry, Winstar Display 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.


Winstar Display Co Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Winstar Display Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Winstar Display Co's Return-on-Tangible-Equity falls into.


TPE:6916
47GF Score
Winstar Display Co Ltd TPE:6916
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Winstar Display Co Return-on-Tangible-Equity Calculation

Winstar Display Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-97.462/( (1135.423+1029.596 )/ 2 )
=-97.462/1082.5095
=-9.00 %

Winstar Display Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=-126.552/( (1029.081+1029.596)/ 2 )
=-126.552/1029.3385
=-12.29 %

* 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 -12.29% mean?
Winstar Display Co (TPE:6916) has a Return-on-Tangible-Equity of -12.29% 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 Winstar Display Co and its competitors. According to the industry distribution chart, Winstar Display Co ranks #1954 out of 2387 companies in the Hardware industry, placing it in the top 81.9%.
Is Winstar Display Co's Return-on-Tangible-Equity too high?
Winstar Display Co's current Return-on-Tangible-Equity is -12.29%. Based on the distribution chart, Winstar Display Co ranks #1954 out of 2387 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Winstar Display Co has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Winstar Display Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Winstar Display Co ranks #1954 out of 2387 companies for Return-on-Tangible-Equity. This places Winstar Display Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.28. 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. 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 Winstar Display 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. Winstar Display Co's current Return-on-Tangible-Equity is -12.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winstar Display Co stock overvalued right now?
Based on GuruFocus' analysis, Winstar Display Co (TPE:6916) is currently considered Fairly Valued. The stock's GF Value™ is NT$19.57, compared to a current price of NT$19.80 — trading 1.2% above its estimated fair value. The current Return-on-Tangible-Equity is -12.29%. Winstar Display Co's overall GF Score™ is 47/100 with 9 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 Winstar Display Co (TPE:6916), the current Return-on-Tangible-Equity is -12.29% 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 Winstar Display Co (TPE:6916) Overvalued in 2026?

Based on GuruFocus' analysis, Winstar Display Co stock appears to be overvalued. The current stock price of NT$19.80 is trading 1.2% above its estimated GF Value™ of NT$19.57. GuruFocus considers Winstar Display Co to be Fairly Valued.

Key valuation signals for TPE:6916:

  • Return-on-Tangible-Equity: -12.29%
  • GF Value™: NT$19.57 vs. price of NT$19.80 (1.2% above fair value)
  • GF Score™: 47/100 with 9 warning signs

No single metric tells the full story. See the TPE:6916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Winstar Display Co Business Description

Address No. 43, Keya Road, 2nd Floor, Daya District, Taichung City, TWN, 428
Winstar Display Co Ltd engages in the manufacturing and development of Industrial LCD Displays including monochrome, various display modules, and System Integrated Solutions. The company's operating revenue mainly comes from the production and sales of LCD modules and OLED display modules. Its LCM modules product lines include monochrome TN/STN/FSTN character module LCD and graphic LCD modules, COG LCD, FSC-LCD, VATN LCM module. The company's reportable segments consist of Domestic operations, covering production and sales within the domestic region; Asian operations, encompassing production and sales in Asia; and Others, comprising sales in additional areas.
47GF Score

Get the complete analysis for TPE:6916

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$19.80
Price
NT$19.57
GF Value