Syscom Computer Engineering Co (TPE:2453) ROE %: 16.83% (As of Dec. 2025) — 65% Above Median


TPE:2453 Syscom Computer Engineering Co TPE:2453
96 GF Score
Price NT$55.30
GF Value NT$66.72
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Syscom Computer Engineering Co ROE %?

Syscom Computer Engineering Co TPE:2453 -2.30% 96 ROE % is 16.83% as of Dec. 2025, which is 65% above its 10-year median of 10.23. GuruFocus rates TPE:2453 with a GF Score™ of 96/100 and a GF Value™ of NT$66.72 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,682 Software companies, Syscom Computer Engineering Co ranks better than 73.45% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Syscom Computer Engineering Co's annualized net income for the quarter that ended in Dec. 2025 was NT$367 Mil. Syscom Computer Engineering Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$2,182 Mil. Therefore, Syscom Computer Engineering Co's annualized ROE % for the quarter that ended in Dec. 2025 was 16.83%.

The historical rank and industry rank for Syscom Computer Engineering Co's ROE % or its related term are showing as below:

TPE:2453' s ROE % Range Over the Past 10 Years
Min: 3.62   Med: 10.23   Max: 14.72
Current: 14.72

During the past 13 years, Syscom Computer Engineering Co's highest ROE % was 14.72%. The lowest was 3.62%. And the median was 10.23%.

TPE:2453's ROE % is ranked better than
73.45% of 2682 companies
in the Software industry
Industry Median: 4.72 vs TPE:2453: 14.72

Syscom Computer Engineering Co  (TPE:2453) 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
=367.356/2182.2105
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(367.356 / 9603.768)*(9603.768 / 4703.7715)*(4703.7715 / 2182.2105)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.83 %*2.0417*2.1555
=ROA %*Equity Multiplier
=7.82 %*2.1555
=16.83 %

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
=367.356/2182.2105
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (367.356 / 474.476) * (474.476 / 438.316) * (438.316 / 9603.768) * (9603.768 / 4703.7715) * (4703.7715 / 2182.2105)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7742 * 1.0825 * 4.56 % * 2.0417 * 2.1555
=16.83 %

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.


Syscom Computer Engineering Co ROE % Related Terms


Syscom Computer Engineering Co ROE % Historical Data

* Premium members only.

The historical data trend for Syscom Computer Engineering Co'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.

Syscom Computer Engineering Co ROE % Chart

Syscom Computer Engineering Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.22 12.49 13.37 14.29 14.15

Syscom Computer Engineering Co Quarterly Data
Mar21 Jun21 Sep21 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 Premium Member Only 18.32 17.06 11.75 13.67 16.83

TPE:2453 vs IBM, ACN, FISV: ROE % Comparison

For the Information Technology Services subindustry, Syscom Computer Engineering Co'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.


Syscom Computer Engineering Co ROE % vs Software Industry

For the Software industry and Technology sector, Syscom Computer Engineering Co's ROE % distribution charts can be found below:

* The bar in red indicates where Syscom Computer Engineering Co's ROE % falls into.


TPE:2453
96GF Score
Syscom Computer Engineering Co TPE:2453
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Syscom Computer Engineering Co ROE % Calculation

Syscom Computer Engineering Co'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 )
=311.824/( (2172.743+2236.032)/ 2 )
=311.824/2204.3875
=14.15 %

Syscom Computer Engineering Co'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 )
=367.356/( (2128.389+2236.032)/ 2 )
=367.356/2182.2105
=16.83 %

* 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 16.83% mean?
Syscom Computer Engineering Co (TPE:2453) has a ROE % of 16.83% 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 Syscom Computer Engineering Co and its competitors. This is 65% above median its historical median of 10.23. Over the past decade, Syscom Computer Engineering Co's ROE % has ranged from 3.62 to 14.72. According to the industry distribution chart, Syscom Computer Engineering Co ranks #712 out of 2682 companies in the Software industry, placing it in the top 26.5%.
Is Syscom Computer Engineering Co's ROE % too high?
Syscom Computer Engineering Co's current ROE % of 16.83% is 65% above median its 10-year median of 10.23. Over the past 10 years, this metric has ranged from a low of 3.62 to a high of 14.72. The Software industry median ROE % is 4.72. Syscom Computer Engineering Co's value of 16.83% is 256.6% above this industry median. Based on the distribution chart, Syscom Computer Engineering Co ranks #712 out of 2682 companies in the Software industry, which is above the industry midpoint. Overall, Syscom Computer Engineering Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Syscom Computer Engineering Co's ROE % compare to IBM and ACN?
According to the Software industry distribution chart, Syscom Computer Engineering Co ranks #712 out of 2682 companies for ROE %. This puts Syscom Computer Engineering Co in the upper half of its industry. The industry median ROE % is 4.72. Syscom Computer Engineering Co's value of 16.83% is 256.6% above this benchmark. Historically, Syscom Computer Engineering Co's own ROE % has ranged from 3.62 to 14.72 over the past decade. While the company's 10-year median is 10.23 vs. the industry median of 4.72, Syscom Computer Engineering Co 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 Software company?
The median ROE % among Software companies is 4.72, based on 2,682 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. Syscom Computer Engineering Co's current ROE % of 16.83% is 256.6% 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 Syscom Computer Engineering Co and its competitors. For the Software industry, the median ROE % is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Syscom Computer Engineering Co's current ROE % is 16.83%, which is 65% above median its own 10-year median of 10.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Syscom Computer Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Syscom Computer Engineering Co (TPE:2453) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$66.72, compared to a current price of NT$55.30 — trading 17.1% below its estimated fair value. The current ROE % is 16.83%, which is 65% above median its 10-year median of 10.23 and 256.6% above the Software industry median of 4.72. Syscom Computer Engineering Co's overall GF Score™ is 96/100 with 1 warning sign 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 Syscom Computer Engineering Co (TPE:2453), the current ROE % is 16.83% 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 Syscom Computer Engineering Co (TPE:2453) Overvalued in 2026?

Based on GuruFocus' analysis, Syscom Computer Engineering Co stock appears to be undervalued. The current stock price of NT$55.30 is trading 17.1% below its estimated GF Value™ of NT$66.72. GuruFocus considers Syscom Computer Engineering Co to be Modestly Undervalued.

Key valuation signals for TPE:2453:

  • ROE %: 16.83% (65% above median its 10-year median of 10.23)
  • GF Value™: NT$66.72 vs. price of NT$55.30 (17.1% below fair value)
  • GF Score™: 96/100 with 1 warning sign
  • Industry Position: 256.6% above the Software median (#712 of 2682)

No single metric tells the full story. See the TPE:2453 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Syscom Computer Engineering Co Business Description

Address No. 115, Emei Street, 6th Floor, Wanhua District, Taipei, TWN, 108
Syscom Computer Engineering Co is an information technology service-providing company. The company mainly leases and sells computer systems and designs computer software. The company also provides services for the integration of computer information systems and maintenance of computer hardware. The company operates in geographical areas of Taiwan, China, the U.S.A., and Southeast Asia.
96GF Score

Get the complete analysis for TPE:2453

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

NT$55.30
Price
NT$66.72
GF Value