The historical rank and industry rank for Sinbon Electronics Co's ROE % or its related term are showing as below:
TPE:3023'
s ROE % Range Over the Past 10 Years
Min: 19.53 Med: 24.1 Max: 25.36
Current: 19.53
During the past 13 years, Sinbon Electronics Co's highest ROE % was 25.36%. The lowest was 19.53%. And the median was 24.10%.
TPE:3023's ROE % is ranked better than 89.57% of 2426
companies
in the Hardware industry
Industry Median: 4.59
vs TPE:3023: 19.53
Sinbon Electronics Co (TPE:3023) 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:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.
* 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.
For the Electronic Components subindustry, Sinbon Electronics 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.
Sinbon Electronics Co ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Sinbon Electronics Co's ROE % distribution charts can be found below:
* The bar in red indicates where Sinbon Electronics Co's ROE % 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 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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Sinbon Electronics Co (TPE:3023) has a ROE % of 20.52% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Sinbon Electronics Co and its competitors. This is 15% below median its historical median of 24.10. Over the past decade, Sinbon Electronics Co's ROE % has ranged from 19.53 to 25.36. According to the industry distribution chart, Sinbon Electronics Co ranks #253 out of 2426 companies in the Hardware industry, placing it in the top 10.4%.
Is Sinbon Electronics Co's ROE % too high?
Sinbon Electronics Co's current ROE % of 20.52% is 15% below median its 10-year median of 24.10. Over the past 10 years, this metric has ranged from a low of 19.53 to a high of 25.36. The Hardware industry median ROE % is 4.59. Sinbon Electronics Co's value of 20.52% is 347.1% above this industry median. Based on the distribution chart, Sinbon Electronics Co ranks #253 out of 2426 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Sinbon Electronics Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sinbon Electronics Co's ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Sinbon Electronics Co ranks #253 out of 2426 companies for ROE %. This places Sinbon Electronics Co in the top 10% of its industry — outperforming the majority of peers. The industry median ROE % is 4.59. Sinbon Electronics Co's value of 20.52% is 347.1% above this benchmark. Historically, Sinbon Electronics Co's own ROE % has ranged from 19.53 to 25.36 over the past decade. While the company's 10-year median is 24.10 vs. the industry median of 4.59, Sinbon Electronics 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 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. Sinbon Electronics Co's current ROE % of 20.52% is 347.1% 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 Sinbon Electronics Co 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. Sinbon Electronics Co's current ROE % is 20.52%, which is 15% below median its own 10-year median of 24.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinbon Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Sinbon Electronics Co (TPE:3023) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$274.80, compared to a current price of NT$306.50 — trading 11.5% above its estimated fair value. The current ROE % is 20.52%, which is 15% below median its 10-year median of 24.10 and 347.1% above the Hardware industry median of 4.59. Sinbon Electronics Co's overall GF Score™ is 87/100 with 9 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 Sinbon Electronics Co (TPE:3023), the current ROE % is 20.52% 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 Sinbon Electronics Co (TPE:3023) Overvalued in 2026?
Based on GuruFocus' analysis, Sinbon Electronics Co stock appears to be overvalued.
The current stock price of NT$306.50 is trading 11.5% above its estimated GF Value™ of NT$274.80.
GuruFocus considers Sinbon Electronics Co to be Modestly Overvalued.
Key valuation signals for TPE:3023:
ROE %: 20.52% (15% below median its 10-year median of 24.10)
GF Value™: NT$274.80 vs. price of NT$306.50 (11.5% above fair value)
Industry Position: 347.1% above the Hardware median (#253 of 2426)
No single metric tells the full story. See the TPE:3023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sinbon Electronics Co Ltd is engaged in the design, development, manufacturing, and sale of cable assemblies, connectors, and related electronic components, along with integration services such as printed circuit boards and system solutions. The company has five reportable segments. The Green Energy segment, which focuses on cable assemblies and control modules for solar and wind power. The Industrial Application segment provides control and connection cable assemblies for industrial equipment. The Medical Health segment manufactures cables for medical devices. The Automotive & Aviation segment offers EV charging and automotive cable solutions. The Communication segment supplies cables for smartphones, wearables, and VR/AR devices.
87GF Score
Get the complete analysis for TPE:3023
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