Twoway CommunicationsTPE:8045 +0.66%90 Return-on-Tangible-Equity is 4.05% as of Dec. 2025, which is 22% below its 10-year median of 5.16. GuruFocus rates TPE:8045 with a GF Score™ of 90/100 and a GF Value™ of NT$58.93 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,376 Hardware companies, Twoway Communications ranks worse than 58.92% 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. Twoway Communications's annualized net income for the quarter that ended in Dec. 2025 was NT$81 Mil. Twoway Communications's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$1,989 Mil. Therefore, Twoway Communications's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 4.05%.
The historical rank and industry rank for Twoway Communications's Return-on-Tangible-Equity or its related term are showing as below:
TPE:8045'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.91 Med: 5.16 Max: 31.7
Current: 3.05
During the past 11 years, Twoway Communications's highest Return-on-Tangible-Equity was 31.70%. The lowest was -2.91%. And the median was 5.16%.
TPE:8045's Return-on-Tangible-Equity is ranked worse than 58.92% of 2376
companies
in the Hardware industry
Industry Median: 5.265
vs TPE:8045: 3.05
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.
Twoway Communications Return-on-Tangible-Equity Related Terms
Twoway Communications Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Twoway Communications'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:8045 vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Twoway Communications'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.
Twoway Communications Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Twoway Communications's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Twoway Communications'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 4.05% mean?
Twoway Communications (TPE:8045) has a Return-on-Tangible-Equity of 4.05% 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 Twoway Communications and its competitors. This is 22% below median its historical median of 5.16. According to the industry distribution chart, Twoway Communications ranks #1400 out of 2376 companies in the Hardware industry, placing it in the top 58.9%.
Is Twoway Communications' Return-on-Tangible-Equity too high?
Twoway Communications' current Return-on-Tangible-Equity of 4.05% is 22% below median its 10-year median of 5.16. The Hardware industry median Return-on-Tangible-Equity is 5.27. Twoway Communications' value of 4.05% is 23.1% below this industry median. Based on the distribution chart, Twoway Communications ranks #1400 out of 2376 companies in the Hardware industry, which is below the industry midpoint. Overall, Twoway Communications has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Twoway Communications' Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Twoway Communications ranks #1400 out of 2376 companies for Return-on-Tangible-Equity. This places Twoway Communications in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.27. Twoway Communications' value of 4.05% is 23.1% below this benchmark. While the company's 10-year median is 5.16 vs. the industry median of 5.27, Twoway Communications 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 5.27, based on 2,376 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. Twoway Communications's current Return-on-Tangible-Equity of 4.05% is 23.1% 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 Twoway Communications and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Twoway Communications's current Return-on-Tangible-Equity is 4.05%, which is 22% below median its own 10-year median of 5.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Twoway Communications stock overvalued right now?
Based on GuruFocus' analysis, Twoway Communications (TPE:8045) is currently considered Fairly Valued. The stock's GF Value™ is NT$58.93, compared to a current price of NT$61.00 — trading 3.5% above its estimated fair value. The current Return-on-Tangible-Equity is 4.05%, which is 22% below median its 10-year median of 5.16 and 23.1% below the Hardware industry median of 5.27. Twoway Communications' overall GF Score™ is 90/100 with 8 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 Twoway Communications (TPE:8045), the current Return-on-Tangible-Equity is 4.05% 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 Twoway Communications (TPE:8045) Overvalued in 2026?
Based on GuruFocus' analysis, Twoway Communications stock appears to be overvalued.
The current stock price of NT$61.00 is trading 3.5% above its estimated GF Value™ of NT$58.93.
GuruFocus considers Twoway Communications to be Fairly Valued.
Key valuation signals for TPE:8045:
Return-on-Tangible-Equity: 4.05% (22% below median its 10-year median of 5.16)
GF Value™: NT$58.93 vs. price of NT$61.00 (3.5% above fair value)
Industry Position: 23.1% below the Hardware median (#1400 of 2376)
No single metric tells the full story. See the TPE:8045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Twoway Communications Inc is engaged in manufacturing and trading of communication products including cable TV head-ends, optical transceivers, amplifiers, connectors, and monitoring systems, as well as broadband network system planning, design, and contracting, and the installation of multimedia video equipment. The revenue of operating segments principally is derived from B-broadband internet equipment department, IOT department and department of labour and other services.
90GF Score
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