PCL Technologies (TPE:4977) ROE %: 7.73% (As of Dec. 2025) — 45% Below Median


TPE:4977 PCL Technologies Inc TPE:4977
74 GF Score
Price NT$164.50
GF Value NT$97.68
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is PCL Technologies ROE %?

PCL Technologies TPE:4977 -7.06% 74 ROE % is 7.73% as of Dec. 2025, which is 45% below its 10-year median of 13.95. GuruFocus rates TPE:4977 with a GF Score™ of 74/100 and a GF Value™ of NT$97.68 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,423 Hardware companies, PCL Technologies ranks better than 67.97% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PCL Technologies's annualized net income for the quarter that ended in Dec. 2025 was NT$298 Mil. PCL Technologies's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$3,859 Mil. Therefore, PCL Technologies's annualized ROE % for the quarter that ended in Dec. 2025 was 7.73%.

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

TPE:4977' s ROE % Range Over the Past 10 Years
Min: 6.78   Med: 13.95   Max: 22.9
Current: 9.38

During the past 13 years, PCL Technologies's highest ROE % was 22.90%. The lowest was 6.78%. And the median was 13.95%.

TPE:4977's ROE % is ranked better than
67.97% of 2423 companies
in the Hardware industry
Industry Median: 4.61 vs TPE:4977: 9.38

PCL Technologies  (TPE:4977) 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
=298.424/3858.728
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(298.424 / 1005.14)*(1005.14 / 4649.277)*(4649.277 / 3858.728)
=Net Margin %*Asset Turnover*Equity Multiplier
=29.69 %*0.2162*1.2049
=ROA %*Equity Multiplier
=6.42 %*1.2049
=7.73 %

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
=298.424/3858.728
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (298.424 / 309.68) * (309.68 / 65.716) * (65.716 / 1005.14) * (1005.14 / 4649.277) * (4649.277 / 3858.728)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9637 * 4.7124 * 6.54 % * 0.2162 * 1.2049
=7.73 %

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.


PCL Technologies ROE % Related Terms


PCL Technologies ROE % Historical Data

* Premium members only.

The historical data trend for PCL Technologies'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.

PCL Technologies ROE % Chart

PCL Technologies 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 10.60 13.99 9.08 6.78 8.91

PCL Technologies 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 16.65 -10.69 33.43 9.01 7.73

TPE:4977 vs DELL, SNDK, ANET: ROE % Comparison

For the Computer Hardware subindustry, PCL Technologies'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.


PCL Technologies ROE % vs Hardware Industry

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

* The bar in red indicates where PCL Technologies's ROE % falls into.


TPE:4977
74GF Score
PCL Technologies Inc TPE:4977
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PCL Technologies ROE % Calculation

PCL Technologies'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 )
=353.351/( (3913.341+4020.126)/ 2 )
=353.351/3966.7335
=8.91 %

PCL Technologies'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 )
=298.424/( (3697.33+4020.126)/ 2 )
=298.424/3858.728
=7.73 %

* 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 7.73% mean?
PCL Technologies (TPE:4977) has a ROE % of 7.73% 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 PCL Technologies and its competitors. This is 45% below median its historical median of 13.95. Over the past decade, PCL Technologies' ROE % has ranged from 6.78 to 22.90. According to the industry distribution chart, PCL Technologies ranks #776 out of 2423 companies in the Hardware industry, placing it in the top 32%.
Is PCL Technologies' ROE % too high?
PCL Technologies' current ROE % of 7.73% is 45% below median its 10-year median of 13.95. Over the past 10 years, this metric has ranged from a low of 6.78 to a high of 22.90. The Hardware industry median ROE % is 4.61. PCL Technologies' value of 7.73% is 67.7% above this industry median. Based on the distribution chart, PCL Technologies ranks #776 out of 2423 companies in the Hardware industry, which is above the industry midpoint. Overall, PCL Technologies has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PCL Technologies' ROE % compare to DELL and SNDK?
According to the Hardware industry distribution chart, PCL Technologies ranks #776 out of 2423 companies for ROE %. This puts PCL Technologies in the upper half of its industry. The industry median ROE % is 4.61. PCL Technologies' value of 7.73% is 67.7% above this benchmark. Historically, PCL Technologies' own ROE % has ranged from 6.78 to 22.90 over the past decade. While the company's 10-year median is 13.95 vs. the industry median of 4.61, PCL Technologies 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 4.61, based on 2,423 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. PCL Technologies's current ROE % of 7.73% is 67.7% 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 PCL Technologies and its competitors. For the Hardware industry, the median ROE % is 4.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PCL Technologies's current ROE % is 7.73%, which is 45% below median its own 10-year median of 13.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PCL Technologies stock overvalued right now?
Based on GuruFocus' analysis, PCL Technologies (TPE:4977) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$97.68, compared to a current price of NT$164.50 — trading 68.4% above its estimated fair value. The current ROE % is 7.73%, which is 45% below median its 10-year median of 13.95 and 67.7% above the Hardware industry median of 4.61. PCL Technologies' overall GF Score™ is 74/100 with 7 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 PCL Technologies (TPE:4977), the current ROE % is 7.73% 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 PCL Technologies (TPE:4977) Overvalued in 2026?

Based on GuruFocus' analysis, PCL Technologies stock appears to be overvalued. The current stock price of NT$164.50 is trading 68.4% above its estimated GF Value™ of NT$97.68. GuruFocus considers PCL Technologies to be Significantly Overvalued.

Key valuation signals for TPE:4977:

  • ROE %: 7.73% (45% below median its 10-year median of 13.95)
  • GF Value™: NT$97.68 vs. price of NT$164.50 (68.4% above fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 67.7% above the Hardware median (#776 of 2423)

No single metric tells the full story. See the TPE:4977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PCL Technologies Business Description

Address Harbour Place, 103 South Church Street, 4th Floor, P.O. Box 10240, Grand Cayman, CYM, KYI-1002
PCL Technologies Inc is engaged in the manufacture, research, and sale of optical components, electro-mechanical components, and modules serving data communications, telecom, cloud computing, and networking markets. The products are sold in Taiwan and internationally. It generates revenue from Singapore. The Group mainly operates in research, development, manufacture, and sale of optical transceiver products and other optical components. The Group operates in three principal geographical areas: Mainland China, Taiwan, and Malaysia.
74GF Score

Get the complete analysis for TPE:4977

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

NT$164.50
Price
NT$97.68
GF Value