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.
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.
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. Trio-Tech International's annualized net income for the quarter that ended in Mar. 2026 was $-0.15 Mil. Trio-Tech International's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $33.92 Mil. Therefore, Trio-Tech International's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -0.45%.
The historical rank and industry rank for Trio-Tech International's Return-on-Tangible-Equity or its related term are showing as below:
TRT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.38 Med: 4.73 Max: 8.95
Current: 1.03
During the past 13 years, Trio-Tech International's highest Return-on-Tangible-Equity was 8.95%. The lowest was -2.38%. And the median was 4.73%.
TRT's Return-on-Tangible-Equity is ranked worse than 64.92% of 992
companies
in the Semiconductors industry
Industry Median: 6.825
vs TRT: 1.03
Trio-Tech International (AMEX:TRT) 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.
Trio-Tech International Return-on-Tangible-Equity Related Terms
Trio-Tech International Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Trio-Tech International'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.
Trio-Tech International Return-on-Tangible-Equity Chart
TRT vs SODI, GSTX, SCIA: Return-on-Tangible-Equity Comparison
For the Semiconductor Equipment & Materials subindustry, Trio-Tech International'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.
Trio-Tech International Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Trio-Tech International's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Trio-Tech International'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 -0.45% mean?
Trio-Tech International (TRT) has a Return-on-Tangible-Equity of -0.45% 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 Trio-Tech International and its competitors. According to the industry distribution chart, Trio-Tech International ranks #644 out of 992 companies in the Semiconductors industry, placing it in the top 64.9%.
Is Trio-Tech International's Return-on-Tangible-Equity too high?
Trio-Tech International's current Return-on-Tangible-Equity is -0.45%. Based on the distribution chart, Trio-Tech International ranks #644 out of 992 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Trio-Tech International has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trio-Tech International's Return-on-Tangible-Equity compare to SODI and GSTX?
According to the Semiconductors industry distribution chart, Trio-Tech International ranks #644 out of 992 companies for Return-on-Tangible-Equity. This places Trio-Tech International in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.83. 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 6.83, based on 992 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 Trio-Tech International and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 6.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trio-Tech International's current Return-on-Tangible-Equity is -0.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trio-Tech International stock overvalued right now?
Based on GuruFocus' analysis, Trio-Tech International (TRT) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.01, compared to a current price of $10.10 — trading 151.9% above its estimated fair value. The current Return-on-Tangible-Equity is -0.45%. Trio-Tech International's overall GF Score™ is 56/100 with 3 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 Trio-Tech International (TRT), the current Return-on-Tangible-Equity is -0.45% 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.
Is Trio-Tech International (TRT) Overvalued in 2026?
Based on GuruFocus' analysis, Trio-Tech International stock appears to be overvalued.
The current stock price of $10.10 is trading 151.9% above its estimated GF Value™ of $4.01.
GuruFocus considers Trio-Tech International to be Significantly Overvalued.
Key valuation signals for TRT:
Return-on-Tangible-Equity: -0.45%
GF Value™: $4.01 vs. price of $10.10 (151.9% above fair value)
No single metric tells the full story. See the TRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trio-Tech International is a provider of reliability test equipment and services to the semiconductor and other industries. Its customers are from automotive electronics, industrial electronics, computing and data storage, consumer electronics, and communication markets. The company operated its business in two segments: Semiconductor Back-end Solutions and Industrial Electronics. Geographically, the company operates in the United States (U.S), Singapore, Malaysia, Thailand and China.
56GF Score
Get the complete analysis for TRT
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TRT has been successfully added to your 
