Bright Led ElectronicsTPE:3031 64 ROE % is 4.72% as of Dec. 2025, which is 27% below its 10-year median of 6.50. GuruFocus rates TPE:3031 with a GF Score™ of 64/100 and a GF Value™ of NT$18.77 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,431 Hardware companies, Bright Led Electronics ranks better than 57.84% on this metric.
The historical rank and industry rank for Bright Led Electronics's ROE % or its related term are showing as below:
TPE:3031'
s ROE % Range Over the Past 10 Years
Min: 4.05 Med: 6.5 Max: 8.89
Current: 6.59
During the past 13 years, Bright Led Electronics's highest ROE % was 8.89%. The lowest was 4.05%. And the median was 6.50%.
TPE:3031's ROE % is ranked better than 57.84% of 2431
companies
in the Hardware industry
Industry Median: 4.66
vs TPE:3031: 6.59
Bright Led Electronics (TPE:3031) 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 (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.
* 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, Bright Led Electronics'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.
Bright Led Electronics ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Bright Led Electronics's ROE % distribution charts can be found below:
* The bar in red indicates where Bright Led Electronics'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 (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Bright Led Electronics (TPE:3031) has a ROE % of 4.72% 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 Bright Led Electronics and its competitors. This is 27% below median its historical median of 6.50. Over the past decade, Bright Led Electronics' ROE % has ranged from 4.05 to 8.89. According to the industry distribution chart, Bright Led Electronics ranks #1025 out of 2431 companies in the Hardware industry, placing it in the top 42.2%.
Is Bright Led Electronics' ROE % too high?
Bright Led Electronics' current ROE % of 4.72% is 27% below median its 10-year median of 6.50. Over the past 10 years, this metric has ranged from a low of 4.05 to a high of 8.89. The Hardware industry median ROE % is 4.66. Bright Led Electronics' value of 4.72% is 1.3% above this industry median. Based on the distribution chart, Bright Led Electronics ranks #1025 out of 2431 companies in the Hardware industry, which is above the industry midpoint. Overall, Bright Led Electronics has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Led Electronics' ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Bright Led Electronics ranks #1025 out of 2431 companies for ROE %. This puts Bright Led Electronics in the upper half of its industry. The industry median ROE % is 4.66. Bright Led Electronics' value of 4.72% is 1.3% above this benchmark. Historically, Bright Led Electronics' own ROE % has ranged from 4.05 to 8.89 over the past decade. While the company's 10-year median is 6.50 vs. the industry median of 4.66, Bright Led Electronics 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 4.66, based on 2,431 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. Bright Led Electronics's current ROE % of 4.72% is 1.3% 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 Bright Led Electronics and its competitors. For the Hardware industry, the median ROE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Led Electronics's current ROE % is 4.72%, which is 27% below median its own 10-year median of 6.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Led Electronics stock overvalued right now?
Based on GuruFocus' analysis, Bright Led Electronics (TPE:3031) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.77, compared to a current price of NT$30.85 — trading 64.4% above its estimated fair value. The current ROE % is 4.72%, which is 27% below median its 10-year median of 6.50 and 1.3% above the Hardware industry median of 4.66. Bright Led Electronics' overall GF Score™ is 64/100 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 Bright Led Electronics (TPE:3031), the current ROE % is 4.72% 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 Bright Led Electronics (TPE:3031) Overvalued in 2026?
Based on GuruFocus' analysis, Bright Led Electronics stock appears to be overvalued.
The current stock price of NT$30.85 is trading 64.4% above its estimated GF Value™ of NT$18.77.
GuruFocus considers Bright Led Electronics to be Significantly Overvalued.
Key valuation signals for TPE:3031:
ROE %: 4.72% (27% below median its 10-year median of 6.50)
GF Value™: NT$18.77 vs. price of NT$30.85 (64.4% above fair value)
Industry Position: 1.3% above the Hardware median (#1025 of 2431)
No single metric tells the full story. See the TPE:3031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bright Led Electronics Corp is engaged in the engaged in the manufacturing and sales of light-emitting diode, indicator lights, displays and other extended products and undertaking engineering projects that provide indicator lights, displays and related supporting engineering projects. The company operates in four principal geographical areas - the United States, China, Taiwan, Korea and others, where majority revenue is from the Chinese segment.
64GF Score
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