Acer Gadget (TPE:2432) ROE %: 19.45% (As of Dec. 2025) — 112% Above Median


TPE:2432 Acer Gadget Inc TPE:2432
54 GF Score
Price NT$27.60
GF Value NT$50.77
Valuation Possible Value Trap
! 3 Warning Signs
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What is Acer Gadget ROE %?

Acer Gadget TPE:2432 -3.16% 54 ROE % is 19.45% as of Dec. 2025, which is 112% above its 10-year median of 9.17. GuruFocus rates TPE:2432 with a GF Score™ of 54/100 and a GF Value™ of NT$50.77 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,426 Hardware companies, Acer Gadget ranks better than 70.94% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Acer Gadget's annualized net income for the quarter that ended in Dec. 2025 was NT$227 Mil. Acer Gadget's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$1,167 Mil. Therefore, Acer Gadget's annualized ROE % for the quarter that ended in Dec. 2025 was 19.45%.

The historical rank and industry rank for Acer Gadget's ROE % or its related term are showing as below:

TPE:2432' s ROE % Range Over the Past 10 Years
Min: -23.48   Med: 9.17   Max: 18.02
Current: 10.11

During the past 7 years, Acer Gadget's highest ROE % was 18.02%. The lowest was -23.48%. And the median was 9.17%.

TPE:2432's ROE % is ranked better than
70.94% of 2426 companies
in the Hardware industry
Industry Median: 4.59 vs TPE:2432: 10.11

Acer Gadget  (TPE:2432) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=227.004/1167.125
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(227.004 / 3817.488)*(3817.488 / 1689.1425)*(1689.1425 / 1167.125)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.95 %*2.26*1.4473
=ROA %*Equity Multiplier
=13.45 %*1.4473
=19.45 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=227.004/1167.125
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (227.004 / 290.76) * (290.76 / 276.952) * (276.952 / 3817.488) * (3817.488 / 1689.1425) * (1689.1425 / 1167.125)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7807 * 1.0499 * 7.25 % * 2.26 * 1.4473
=19.45 %

Note: The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Acer Gadget ROE % Related Terms


Acer Gadget ROE % Historical Data

* Premium members only.

The historical data trend for Acer Gadget's ROE % 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.

Acer Gadget ROE % Chart

Acer Gadget Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 1.83 18.02 10.44 9.17 9.61

Acer Gadget Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.50 5.05 6.29 10.08 19.45

TPE:2432 vs DELL, SNDK, ANET: ROE % Comparison

For the Computer Hardware subindustry, Acer Gadget's ROE %, along with its competitors' market caps and ROE % 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.


Acer Gadget ROE % vs Hardware Industry

For the Hardware industry and Technology sector, Acer Gadget's ROE % distribution charts can be found below:

* The bar in red indicates where Acer Gadget's ROE % falls into.


TPE:2432
54GF Score
Acer Gadget Inc TPE:2432
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acer Gadget ROE % Calculation

Acer Gadget's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=117.426/( (1257.587+1185.487)/ 2 )
=117.426/1221.537
=9.61 %

Acer Gadget's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=227.004/( (1148.763+1185.487)/ 2 )
=227.004/1167.125
=19.45 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 19.45% mean?
Acer Gadget (TPE:2432) has a ROE % of 19.45% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Acer Gadget and its competitors. This is 112% above median its historical median of 9.17. According to the industry distribution chart, Acer Gadget ranks #705 out of 2426 companies in the Hardware industry, placing it in the top 29.1%.
Is Acer Gadget's ROE % too high?
Acer Gadget's current ROE % of 19.45% is 112% above median its 10-year median of 9.17. The Hardware industry median ROE % is 4.59. Acer Gadget's value of 19.45% is 323.7% above this industry median. Based on the distribution chart, Acer Gadget ranks #705 out of 2426 companies in the Hardware industry, which is above the industry midpoint. Overall, Acer Gadget has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Acer Gadget's ROE % compare to DELL and SNDK?
According to the Hardware industry distribution chart, Acer Gadget ranks #705 out of 2426 companies for ROE %. This puts Acer Gadget in the upper half of its industry. The industry median ROE % is 4.59. Acer Gadget's value of 19.45% is 323.7% above this benchmark. While the company's 10-year median is 9.17 vs. the industry median of 4.59, Acer Gadget 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 ROE % for a Hardware company?
The median ROE % among Hardware companies is 4.59, based on 2,426 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Acer Gadget's current ROE % of 19.45% is 323.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Acer Gadget and its competitors. For the Hardware industry, the median ROE % is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acer Gadget's current ROE % is 19.45%, which is 112% above median its own 10-year median of 9.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acer Gadget stock overvalued right now?
Based on GuruFocus' analysis, Acer Gadget (TPE:2432) is currently considered Possible Value Trap. The stock's GF Value™ is NT$50.77, compared to a current price of NT$27.60 — trading 45.6% below its estimated fair value. The current ROE % is 19.45%, which is 112% above median its 10-year median of 9.17 and 323.7% above the Hardware industry median of 4.59. Acer Gadget's overall GF Score™ is 54/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Acer Gadget (TPE:2432), the current ROE % is 19.45% 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 Acer Gadget (TPE:2432) Overvalued in 2026?

Based on GuruFocus' analysis, Acer Gadget stock appears to be undervalued. The current stock price of NT$27.60 is trading 45.6% below its estimated GF Value™ of NT$50.77. GuruFocus considers Acer Gadget to be Possible Value Trap.

Key valuation signals for TPE:2432:

  • ROE %: 19.45% (112% above median its 10-year median of 9.17)
  • GF Value™: NT$50.77 vs. price of NT$27.60 (45.6% below fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 323.7% above the Hardware median (#705 of 2426)

No single metric tells the full story. See the TPE:2432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Acer Gadget Business Description

Address No. 369, Fuxing North Road, 5th Floor, 7th Floor, Songshan District, Taipei City, TWN, 10541
Acer Gadget Inc mainly engages in telecom value-added network business, the design, sales, and lease of computer software and hardware application systems, and the sales of computer peripherals and smart life products. Its segments include the Smart Devices and Value-Added Trading Division, which generates maximum revenue and mainly engages in gaming and non-gaming products, computer peripherals, and smart life products, the Fashion Division, which engages in bags, apparel, luggage, and accessories, the Smart Mobility Division, which engages in e-Scooters and e-Bikes, and the Solutions Division, which engages in system planning, development, maintenance, operation, and service promotion. The company generates maximum revenue from China.
54GF Score

Get the complete analysis for TPE:2432

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$27.60
Price
NT$50.77
GF Value