Data Image (TPE:3168) ROE %: 11.54% (As of Dec. 2025) — 26% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TPE:3168 Data Image Corp TPE:3168
65 GF Score
Price NT$43.40
GF Value NT$45.35
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Data Image ROE %?

Data Image TPE:3168 -1.70% 65 ROE % is 11.54% as of Dec. 2025, which is 26% below its 10-year median of 15.52. GuruFocus rates TPE:3168 with a GF Score™ of 65/100 and a GF Value™ of NT$45.35 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,431 Hardware companies, Data Image ranks better than 73.96% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Data Image's annualized net income for the quarter that ended in Dec. 2025 was NT$200 Mil. Data Image's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$1,734 Mil. Therefore, Data Image's annualized ROE % for the quarter that ended in Dec. 2025 was 11.54%.

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

TPE:3168' s ROE % Range Over the Past 10 Years
Min: 8.7   Med: 15.52   Max: 29.13
Current: 11.24

During the past 13 years, Data Image's highest ROE % was 29.13%. The lowest was 8.70%. And the median was 15.52%.

TPE:3168's ROE % is ranked better than
73.96% of 2431 companies
in the Hardware industry
Industry Median: 4.66 vs TPE:3168: 11.24

Data Image  (TPE:3168) 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
=200.092/1734.0185
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(200.092 / 3397.688)*(3397.688 / 3621.533)*(3621.533 / 1734.0185)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.89 %*0.9382*2.0885
=ROA %*Equity Multiplier
=5.53 %*2.0885
=11.54 %

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
=200.092/1734.0185
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (200.092 / 330.412) * (330.412 / 304.524) * (304.524 / 3397.688) * (3397.688 / 3621.533) * (3621.533 / 1734.0185)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6056 * 1.085 * 8.96 % * 0.9382 * 2.0885
=11.54 %

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.


Data Image ROE % Related Terms


Data Image ROE % Historical Data

* Premium members only.

The historical data trend for Data Image'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.

Data Image ROE % Chart

Data Image 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 25.79 29.13 18.34 12.99 10.74

Data Image Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 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 9.71 9.46 10.61 14.06 11.54

TPE:3168 vs APH, GLW: ROE % Comparison

For the Electronic Components subindustry, Data Image'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.


Data Image ROE % vs Hardware Industry

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

* The bar in red indicates where Data Image's ROE % falls into.


TPE:3168
65GF Score
Data Image Corp TPE:3168
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Data Image ROE % Calculation

Data Image'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 )
=200.091/( (1951.751+1772.7)/ 2 )
=200.091/1862.2255
=10.74 %

Data Image'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 )
=200.092/( (1695.337+1772.7)/ 2 )
=200.092/1734.0185
=11.54 %

* 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 11.54% mean?
Data Image (TPE:3168) has a ROE % of 11.54% 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 Data Image and its competitors. This is 26% below median its historical median of 15.52. Over the past decade, Data Image's ROE % has ranged from 8.70 to 29.13. According to the industry distribution chart, Data Image ranks #633 out of 2431 companies in the Hardware industry, placing it in the top 26%.
Is Data Image's ROE % too high?
Data Image's current ROE % of 11.54% is 26% below median its 10-year median of 15.52. Over the past 10 years, this metric has ranged from a low of 8.70 to a high of 29.13. The Hardware industry median ROE % is 4.66. Data Image's value of 11.54% is 147.6% above this industry median. Based on the distribution chart, Data Image ranks #633 out of 2431 companies in the Hardware industry, which is above the industry midpoint. Overall, Data Image has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Data Image's ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Data Image ranks #633 out of 2431 companies for ROE %. This puts Data Image in the upper half of its industry. The industry median ROE % is 4.66. Data Image's value of 11.54% is 147.6% above this benchmark. Historically, Data Image's own ROE % has ranged from 8.70 to 29.13 over the past decade. While the company's 10-year median is 15.52 vs. the industry median of 4.66, Data Image 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. Data Image's current ROE % of 11.54% is 147.6% 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 Data Image 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. Data Image's current ROE % is 11.54%, which is 26% below median its own 10-year median of 15.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Data Image stock overvalued right now?
Based on GuruFocus' analysis, Data Image (TPE:3168) is currently considered Fairly Valued. The stock's GF Value™ is NT$45.35, compared to a current price of NT$43.40 — trading 4.3% below its estimated fair value. The current ROE % is 11.54%, which is 26% below median its 10-year median of 15.52 and 147.6% above the Hardware industry median of 4.66. Data Image's overall GF Score™ is 65/100 with 2 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 Data Image (TPE:3168), the current ROE % is 11.54% 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 Data Image (TPE:3168) Overvalued in 2026?

Based on GuruFocus' analysis, Data Image stock appears to be undervalued. The current stock price of NT$43.40 is trading 4.3% below its estimated GF Value™ of NT$45.35. GuruFocus considers Data Image to be Fairly Valued.

Key valuation signals for TPE:3168:

  • ROE %: 11.54% (26% below median its 10-year median of 15.52)
  • GF Value™: NT$45.35 vs. price of NT$43.40 (4.3% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 147.6% above the Hardware median (#633 of 2431)

No single metric tells the full story. See the TPE:3168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Data Image Business Description

Address Xintai 5th Road, 30th Floor, No. 93, Section 1, Xizhi District, New Taipei City, TWN, 221
Data Image Corp is engaged in the design, manufacturing, and sales of LCD touch modules and LCD modules. Its products are widely used by various manufacturers and distributors, including industrial HMIs, marine multifunction displays (MFTs), special vehicles, multimedia kiosks, point-of-sale (POS) solutions, and multifunction printers. Its segments include LCD Module Segment and Display Module Segment with majority of the revenue deriving from LCD Module Segment. It operates in two principal geographical areas -Taiwan and China.
65GF Score

Get the complete analysis for TPE:3168

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

NT$43.40
Price
NT$45.35
GF Value