AMAX Holding CoTPE:6933 47 Return-on-Tangible-Equity is 10.30% as of Dec. 2025, which is 20% below its 10-year median of 12.84. GuruFocus rates TPE:6933 with a GF Score™ of 47/100. The stock has 6 warning signs investors should review. Among 2,379 Hardware companies, AMAX Holding Co ranks better than 65.45% 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. AMAX Holding Co's annualized net income for the quarter that ended in Dec. 2025 was NT$229 Mil. AMAX Holding Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$2,223 Mil. Therefore, AMAX Holding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 10.30%.
The historical rank and industry rank for AMAX Holding Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:6933'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.8 Med: 12.84 Max: 30.47
Current: 9.75
During the past 6 years, AMAX Holding Co's highest Return-on-Tangible-Equity was 30.47%. The lowest was -2.80%. And the median was 12.84%.
TPE:6933's Return-on-Tangible-Equity is ranked better than 65.45% of 2379
companies
in the Hardware industry
Industry Median: 5.28
vs TPE:6933: 9.75
AMAX Holding Co (TPE:6933) 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.
AMAX Holding Co Return-on-Tangible-Equity Related Terms
AMAX Holding Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for AMAX Holding 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:6933 vs SNDK, DELL, STX: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, AMAX Holding 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.
AMAX Holding Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, AMAX Holding Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where AMAX Holding 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 10.30% mean?
AMAX Holding Co (TPE:6933) has a Return-on-Tangible-Equity of 10.30% 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 AMAX Holding Co and its competitors. This is 20% below median its historical median of 12.84. According to the industry distribution chart, AMAX Holding Co ranks #822 out of 2379 companies in the Hardware industry, placing it in the top 34.6%.
Is AMAX Holding Co's Return-on-Tangible-Equity too high?
AMAX Holding Co's current Return-on-Tangible-Equity of 10.30% is 20% below median its 10-year median of 12.84. The Hardware industry median Return-on-Tangible-Equity is 5.28. AMAX Holding Co's value of 10.30% is 95.1% above this industry median. Based on the distribution chart, AMAX Holding Co ranks #822 out of 2379 companies in the Hardware industry, which is above the industry midpoint. Overall, AMAX Holding Co has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does AMAX Holding Co's Return-on-Tangible-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, AMAX Holding Co ranks #822 out of 2379 companies for Return-on-Tangible-Equity. This puts AMAX Holding Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.28. AMAX Holding Co's value of 10.30% is 95.1% above this benchmark. While the company's 10-year median is 12.84 vs. the industry median of 5.28, AMAX Holding Co 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 a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.28, based on 2,379 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. AMAX Holding Co's current Return-on-Tangible-Equity of 10.30% is 95.1% 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 AMAX Holding 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. AMAX Holding Co's current Return-on-Tangible-Equity is 10.30%, which is 20% below median its own 10-year median of 12.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMAX Holding Co stock overvalued right now?
AMAX Holding Co (TPE:6933) has a current Return-on-Tangible-Equity of 10.30%. The current Return-on-Tangible-Equity is 10.30%, which is 20% below median its 10-year median of 12.84 and 95.1% above the Hardware industry median of 5.28. AMAX Holding Co's overall GF Score™ is 47/100 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 AMAX Holding Co (TPE:6933), the current Return-on-Tangible-Equity is 10.30% 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.
AMAX Holding Co Ltd is mainly engaged in the research, development, manufacture and sales of the cloud and data center as well as the high performance computing (HPC) sever and its peripheral equipment and providing extensible custom cluster as well as relevant system solution and customised service. The group has only one reportable operating segment. The company has presence in Asia, United States, Europe. Its product portfolio includes Al Edge Server, Al Workstation, Liquid Cooled Rack, AMAX RackScale, Al Data Center. Its services are Original Equipment Manufacturing, Cooling Design, HPC System Design, ISO and Compliance, Cluster Architecture, GPU Test Drive, Professional Services, HostMax Al-Ready Hosting Facility and solutions are Al Data Center Solutions, Al Edge Solutions, etc.
47GF Score
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