Hiwin Mikrosystem (TPE:4576) ROE %: 8.93% (As of Dec. 2025) — 77% Above Median


TPE:4576 Hiwin Mikrosystem Corp TPE:4576
64 GF Score
Price NT$222.50
GF Value NT$125.29
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Hiwin Mikrosystem ROE %?

Hiwin Mikrosystem TPE:4576 -5.32% 64 ROE % is 8.93% as of Dec. 2025, which is 77% above its 10-year median of 5.04. GuruFocus rates TPE:4576 with a GF Score™ of 64/100 and a GF Value™ of NT$125.29 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,003 Industrial Products companies, Hiwin Mikrosystem ranks better than 50.95% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hiwin Mikrosystem's annualized net income for the quarter that ended in Dec. 2025 was NT$361 Mil. Hiwin Mikrosystem's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$4,045 Mil. Therefore, Hiwin Mikrosystem's annualized ROE % for the quarter that ended in Dec. 2025 was 8.93%.

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

TPE:4576' s ROE % Range Over the Past 10 Years
Min: 0.13   Med: 5.04   Max: 10.79
Current: 6.11

During the past 11 years, Hiwin Mikrosystem's highest ROE % was 10.79%. The lowest was 0.13%. And the median was 5.04%.

TPE:4576's ROE % is ranked better than
50.95% of 3003 companies
in the Industrial Products industry
Industry Median: 5.85 vs TPE:4576: 6.11

Hiwin Mikrosystem  (TPE:4576) 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
=361.192/4045.301
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(361.192 / 3021.148)*(3021.148 / 6866.0755)*(6866.0755 / 4045.301)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.96 %*0.44*1.6973
=ROA %*Equity Multiplier
=5.26 %*1.6973
=8.93 %

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
=361.192/4045.301
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (361.192 / 431.6) * (431.6 / 399.608) * (399.608 / 3021.148) * (3021.148 / 6866.0755) * (6866.0755 / 4045.301)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8369 * 1.0801 * 13.23 % * 0.44 * 1.6973
=8.93 %

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.


Hiwin Mikrosystem ROE % Related Terms


Hiwin Mikrosystem ROE % Historical Data

* Premium members only.

The historical data trend for Hiwin Mikrosystem'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.

Hiwin Mikrosystem ROE % Chart

Hiwin Mikrosystem 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 8.31 8.60 0.13 1.58 6.06

Hiwin Mikrosystem 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 3.44 5.48 2.66 7.32 8.93

TPE:4576 vs VRT, BE: ROE % Comparison

For the Electrical Equipment & Parts subindustry, Hiwin Mikrosystem'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.


Hiwin Mikrosystem ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hiwin Mikrosystem's ROE % distribution charts can be found below:

* The bar in red indicates where Hiwin Mikrosystem's ROE % falls into.


TPE:4576
64GF Score
Hiwin Mikrosystem Corp TPE:4576
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiwin Mikrosystem ROE % Calculation

Hiwin Mikrosystem'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 )
=241.328/( (3868.379+4102.671)/ 2 )
=241.328/3985.525
=6.06 %

Hiwin Mikrosystem'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 )
=361.192/( (3987.931+4102.671)/ 2 )
=361.192/4045.301
=8.93 %

* 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 8.93% mean?
Hiwin Mikrosystem (TPE:4576) has a ROE % of 8.93% 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 Hiwin Mikrosystem and its competitors. This is 77% above median its historical median of 5.04. Over the past decade, Hiwin Mikrosystem's ROE % has ranged from 0.13 to 10.79. According to the industry distribution chart, Hiwin Mikrosystem ranks #1473 out of 3003 companies in the Industrial Products industry, placing it in the top 49.1%.
Is Hiwin Mikrosystem's ROE % too high?
Hiwin Mikrosystem's current ROE % of 8.93% is 77% above median its 10-year median of 5.04. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 10.79. The Industrial Products industry median ROE % is 5.85. Hiwin Mikrosystem's value of 8.93% is 52.6% above this industry median. Based on the distribution chart, Hiwin Mikrosystem ranks #1473 out of 3003 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hiwin Mikrosystem has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiwin Mikrosystem's ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hiwin Mikrosystem ranks #1473 out of 3003 companies for ROE %. This puts Hiwin Mikrosystem in the upper half of its industry. The industry median ROE % is 5.85. Hiwin Mikrosystem's value of 8.93% is 52.6% above this benchmark. Historically, Hiwin Mikrosystem's own ROE % has ranged from 0.13 to 10.79 over the past decade. While the company's 10-year median is 5.04 vs. the industry median of 5.85, Hiwin Mikrosystem 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,003 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. Hiwin Mikrosystem's current ROE % of 8.93% is 52.6% 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 Hiwin Mikrosystem and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiwin Mikrosystem's current ROE % is 8.93%, which is 77% above median its own 10-year median of 5.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiwin Mikrosystem stock overvalued right now?
Based on GuruFocus' analysis, Hiwin Mikrosystem (TPE:4576) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$125.29, compared to a current price of NT$222.50 — trading 77.6% above its estimated fair value. The current ROE % is 8.93%, which is 77% above median its 10-year median of 5.04 and 52.6% above the Industrial Products industry median of 5.85. Hiwin Mikrosystem's overall GF Score™ is 64/100 with 4 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 Hiwin Mikrosystem (TPE:4576), the current ROE % is 8.93% 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 Hiwin Mikrosystem (TPE:4576) Overvalued in 2026?

Based on GuruFocus' analysis, Hiwin Mikrosystem stock appears to be overvalued. The current stock price of NT$222.50 is trading 77.6% above its estimated GF Value™ of NT$125.29. GuruFocus considers Hiwin Mikrosystem to be Significantly Overvalued.

Key valuation signals for TPE:4576:

  • ROE %: 8.93% (77% above median its 10-year median of 5.04)
  • GF Value™: NT$125.29 vs. price of NT$222.50 (77.6% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 52.6% above the Industrial Products median (#1473 of 3003)

No single metric tells the full story. See the TPE:4576 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiwin Mikrosystem Business Description

Address No. 6, Jingke Central Road, Chuen She Village, Nantun District, Taichung, TWN
Hiwin Mikrosystem Corp is engaged in manufacturing, repairing, and selling a variety of motors, drives, and automation systems. Its product offerings include ballscrews, rolled ballscrews, precision linear guideways, rotary motors, and single-axis motors, among others. Its products can be applied in semiconductor equipment, optical component manufacturing equipment, automation equipment, Medicare and healthcare equipment, rehabilitation equipment, and transportation. The company's reportable segments are precision motion and control parts, micro and nano-positioning systems and others. The majority of revenue is derived from the micro and nano-positioning systems segment. Geographically, the maximum revenue is generated from Taiwan.
64GF Score

Get the complete analysis for TPE:4576

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

NT$222.50
Price
NT$125.29
GF Value