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Mitac Digital TechnologyTPE:7821 +1.12%17 Return-on-Tangible-Equity is 18.18% as of Mar. 2026, which is 119% above its 10-year median of 8.30. GuruFocus rates TPE:7821 with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 2,382 Hardware companies, Mitac Digital Technology ranks better than 82.41% 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. Mitac Digital Technology's annualized net income for the quarter that ended in Mar. 2026 was NT$381 Mil. Mitac Digital Technology's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NT$2,098 Mil. Therefore, Mitac Digital Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 18.18%.
The historical rank and industry rank for Mitac Digital Technology's Return-on-Tangible-Equity or its related term are showing as below:
TPE:7821'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.36 Med: 8.3 Max: 17.59
Current: 17.59
During the past 4 years, Mitac Digital Technology's highest Return-on-Tangible-Equity was 17.59%. The lowest was 5.36%. And the median was 8.30%.
TPE:7821's Return-on-Tangible-Equity is ranked better than 82.41% of 2382
companies
in the Hardware industry
Industry Median: 5.43
vs TPE:7821: 17.59
Mitac Digital Technology (TPE:7821) 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.
Mitac Digital Technology Return-on-Tangible-Equity Related Terms
Mitac Digital Technology Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mitac Digital Technology'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.
Mitac Digital Technology Return-on-Tangible-Equity Chart
TPE:7821 vs CSCO, MSI, HPE: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Mitac Digital 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.
Mitac Digital Technology Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Mitac Digital Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mitac Digital 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 18.18% mean?
Mitac Digital Technology (TPE:7821) has a Return-on-Tangible-Equity of 18.18% 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 Mitac Digital Technology and its competitors. This is 119% above median its historical median of 8.30. Over the past decade, Mitac Digital Technology's Return-on-Tangible-Equity has ranged from 5.36 to 17.59. According to the industry distribution chart, Mitac Digital Technology ranks #419 out of 2382 companies in the Hardware industry, placing it in the top 17.6%.
Is Mitac Digital Technology's Return-on-Tangible-Equity too high?
Mitac Digital Technology's current Return-on-Tangible-Equity of 18.18% is 119% above median its 10-year median of 8.30. Over the past 10 years, this metric has ranged from a low of 5.36 to a high of 17.59. The Hardware industry median Return-on-Tangible-Equity is 5.43. Mitac Digital Technology's value of 18.18% is 234.8% above this industry median. Based on the distribution chart, Mitac Digital Technology ranks #419 out of 2382 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Mitac Digital Technology has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Mitac Digital Technology's Return-on-Tangible-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, Mitac Digital Technology ranks #419 out of 2382 companies for Return-on-Tangible-Equity. This places Mitac Digital Technology in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.43. Mitac Digital Technology's value of 18.18% is 234.8% above this benchmark. Historically, Mitac Digital Technology's own Return-on-Tangible-Equity has ranged from 5.36 to 17.59 over the past decade. While the company's 10-year median is 8.30 vs. the industry median of 5.43, Mitac Digital 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 a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.43, based on 2,382 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. Mitac Digital Technology's current Return-on-Tangible-Equity of 18.18% is 234.8% 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 Mitac Digital Technology and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitac Digital Technology's current Return-on-Tangible-Equity is 18.18%, which is 119% above median its own 10-year median of 8.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitac Digital Technology stock overvalued right now?
Mitac Digital Technology (TPE:7821) has a current Return-on-Tangible-Equity of 18.18%. The current Return-on-Tangible-Equity is 18.18%, which is 119% above median its 10-year median of 8.30 and 234.8% above the Hardware industry median of 5.43. Mitac Digital Technology's overall GF Score™ is 17/100 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 Mitac Digital Technology (TPE:7821), the current Return-on-Tangible-Equity is 18.18% 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.
Mitac Digital Technology Corp is a holding company that is engaged in the development, design, manufacturing, and sales of automotive electronics, smart IoT, and industrial computer products. Geographically, the company generates maximum revenue from USA, while it also has its presence in Taiwan, Europe and Others.
17GF Score
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