Desiccant TechnologyTPE:5292 -4.81%95 ROE % is 27.77% as of Dec. 2025, which is 24% above its 10-year median of 22.34. GuruFocus rates TPE:5292 with a GF Score™ of 95/100 and a GF Value™ of NT$168.81 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 3,004 Industrial Products companies, Desiccant Technology ranks better than 92.94% on this metric.
The historical rank and industry rank for Desiccant Technology's ROE % or its related term are showing as below:
TPE:5292'
s ROE % Range Over the Past 10 Years
Min: 9.13 Med: 22.34 Max: 30.44
Current: 24.07
During the past 11 years, Desiccant Technology's highest ROE % was 30.44%. The lowest was 9.13%. And the median was 22.34%.
TPE:5292's ROE % is ranked better than 92.94% of 3004
companies
in the Industrial Products industry
Industry Median: 5.865
vs TPE:5292: 24.07
Desiccant Technology (TPE:5292) 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 Pollution & Treatment Controls subindustry, Desiccant Technology'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.
Desiccant Technology ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Desiccant Technology's ROE % distribution charts can be found below:
* The bar in red indicates where Desiccant Technology'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.
Desiccant Technology (TPE:5292) has a ROE % of 27.77% 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 Desiccant Technology and its competitors. This is 24% above median its historical median of 22.34. Over the past decade, Desiccant Technology's ROE % has ranged from 9.13 to 30.44. According to the industry distribution chart, Desiccant Technology ranks #212 out of 3004 companies in the Industrial Products industry, placing it in the top 7.1%.
Is Desiccant Technology's ROE % too high?
Desiccant Technology's current ROE % of 27.77% is 24% above median its 10-year median of 22.34. Over the past 10 years, this metric has ranged from a low of 9.13 to a high of 30.44. The Industrial Products industry median ROE % is 5.87. Desiccant Technology's value of 27.77% is 373.5% above this industry median. Based on the distribution chart, Desiccant Technology ranks #212 out of 3004 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Desiccant Technology has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Desiccant Technology's ROE % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Desiccant Technology ranks #212 out of 3004 companies for ROE %. This places Desiccant Technology in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 5.87. Desiccant Technology's value of 27.77% is 373.5% above this benchmark. Historically, Desiccant Technology's own ROE % has ranged from 9.13 to 30.44 over the past decade. While the company's 10-year median is 22.34 vs. the industry median of 5.87, Desiccant Technology 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 5.87, based on 3,004 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. Desiccant Technology's current ROE % of 27.77% is 373.5% 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 Desiccant Technology and its competitors. For the Industrial Products industry, the median ROE % is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Desiccant Technology's current ROE % is 27.77%, which is 24% above median its own 10-year median of 22.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desiccant Technology stock overvalued right now?
Based on GuruFocus' analysis, Desiccant Technology (TPE:5292) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$168.81, compared to a current price of NT$208.00 — trading 23.2% above its estimated fair value. The current ROE % is 27.77%, which is 24% above median its 10-year median of 22.34 and 373.5% above the Industrial Products industry median of 5.87. Desiccant Technology's overall GF Score™ is 95/100 with 1 warning sign 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 Desiccant Technology (TPE:5292), the current ROE % is 27.77% 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 Desiccant Technology (TPE:5292) Overvalued in 2026?
Based on GuruFocus' analysis, Desiccant Technology stock appears to be overvalued.
The current stock price of NT$208.00 is trading 23.2% above its estimated GF Value™ of NT$168.81.
GuruFocus considers Desiccant Technology to be Modestly Overvalued.
Key valuation signals for TPE:5292:
ROE %: 27.77% (24% above median its 10-year median of 22.34)
GF Value™: NT$168.81 vs. price of NT$208.00 (23.2% above fair value)
Industry Position: 373.5% above the Industrial Products median (#212 of 3004)
No single metric tells the full story. See the TPE:5292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Desiccant Technology Corp engages mainly in manufacturing industrial dehumidification equipment, drying equipment, pollution control equipment, designing installation projects, contracting, and importing and exporting related products. The Group operates in three principal geographical areas - Taiwan, China, and Singapore. It generates the majority of its revenue from Taiwan.
95GF Score
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