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RiTdisplayTPE:8104 -0.94%70 Return-on-Tangible-Equity is 2.71% as of Jun. 2026, which is 56% below its 10-year median of 6.21. GuruFocus rates TPE:8104 with a GF Score™ of 70/100 and a GF Value™ of NT$30.97 (Fairly Valued). The stock has 11 warning signs investors should review. Among 2,379 Hardware companies, RiTdisplay ranks worse than 76.12% 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. RiTdisplay's annualized net income for the quarter that ended in Jun. 2026 was NT$72 Mil. RiTdisplay's average shareholder tangible equity for the quarter that ended in Jun. 2026 was NT$2,650 Mil. Therefore, RiTdisplay's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 2.71%.
The historical rank and industry rank for RiTdisplay's Return-on-Tangible-Equity or its related term are showing as below:
TPE:8104'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.73 Med: 6.21 Max: 72.72
Current: -3.27
During the past 13 years, RiTdisplay's highest Return-on-Tangible-Equity was 72.72%. The lowest was -11.73%. And the median was 6.21%.
TPE:8104's Return-on-Tangible-Equity is ranked worse than 76.12% of 2379
companies
in the Hardware industry
Industry Median: 6.26
vs TPE:8104: -3.27
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.
RiTdisplay Return-on-Tangible-Equity Related Terms
RiTdisplay Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for RiTdisplay'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:8104 vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, RiTdisplay'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.
RiTdisplay Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, RiTdisplay's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where RiTdisplay'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 2.71% mean?
RiTdisplay (TPE:8104) has a Return-on-Tangible-Equity of 2.71% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on RiTdisplay and its competitors. This is 56% below median its historical median of 6.21. According to the industry distribution chart, RiTdisplay ranks #1811 out of 2379 companies in the Hardware industry, placing it in the top 76.1%.
Is RiTdisplay's Return-on-Tangible-Equity too high?
RiTdisplay's current Return-on-Tangible-Equity of 2.71% is 56% below median its 10-year median of 6.21. The Hardware industry median Return-on-Tangible-Equity is 6.26. RiTdisplay's value of 2.71% is 56.7% below this industry median. Based on the distribution chart, RiTdisplay ranks #1811 out of 2379 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, RiTdisplay has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RiTdisplay's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, RiTdisplay ranks #1811 out of 2379 companies for Return-on-Tangible-Equity. This places RiTdisplay in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.26. RiTdisplay's value of 2.71% is 56.7% below this benchmark. While the company's 10-year median is 6.21 vs. the industry median of 6.26, RiTdisplay 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 6.26, 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. RiTdisplay's current Return-on-Tangible-Equity of 2.71% is 56.7% 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 RiTdisplay and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiTdisplay's current Return-on-Tangible-Equity is 2.71%, which is 56% below median its own 10-year median of 6.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RiTdisplay stock overvalued right now?
Based on GuruFocus' analysis, RiTdisplay (TPE:8104) is currently considered Fairly Valued. The stock's GF Value™ is NT$30.97, compared to a current price of NT$31.50 — trading 1.7% above its estimated fair value. The current Return-on-Tangible-Equity is 2.71%, which is 56% below median its 10-year median of 6.21 and 56.7% below the Hardware industry median of 6.26. RiTdisplay's overall GF Score™ is 70/100 with 11 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 RiTdisplay (TPE:8104), the current Return-on-Tangible-Equity is 2.71% as of Jun. 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.
Is RiTdisplay (TPE:8104) Overvalued in 2026?
Based on GuruFocus' analysis, RiTdisplay stock appears to be overvalued.
The current stock price of NT$31.50 is trading 1.7% above its estimated GF Value™ of NT$30.97.
GuruFocus considers RiTdisplay to be Fairly Valued.
Key valuation signals for TPE:8104:
Return-on-Tangible-Equity: 2.71% (56% below median its 10-year median of 6.21)
GF Value™: NT$30.97 vs. price of NT$31.50 (1.7% above fair value)
Industry Position: 56.7% below the Hardware median (#1811 of 2379)
No single metric tells the full story. See the TPE:8104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RiTdisplay Corp is engaged in the research development and manufacturing of the organic light-emitting diode. The company combines technologies, R&D, and sales and marketing strategies to provide flat-panel display products to its customers. Geographically, it derives a majority of its revenue from Taiwan and also has a presence in America; China, and Other countries.
70GF Score
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