Topco Scientific Co (TPE:5434) ROE %: 25.26% (As of Dec. 2025) — 24% Above Median


TPE:5434 Topco Scientific Co Ltd TPE:5434
86 GF Score
Price NT$509.00
GF Value NT$343.18
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Topco Scientific Co ROE %?

Topco Scientific Co TPE:5434 86 ROE % is 25.26% as of Dec. 2025, which is 24% above its 10-year median of 20.40. GuruFocus rates TPE:5434 with a GF Score™ of 86/100 and a GF Value™ of NT$343.18 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,424 Hardware companies, Topco Scientific Co ranks better than 92.78% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Topco Scientific Co's annualized net income for the quarter that ended in Dec. 2025 was NT$4,893 Mil. Topco Scientific Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$19,370 Mil. Therefore, Topco Scientific Co's annualized ROE % for the quarter that ended in Dec. 2025 was 25.26%.

The historical rank and industry rank for Topco Scientific Co's ROE % or its related term are showing as below:

TPE:5434' s ROE % Range Over the Past 10 Years
Min: 14.29   Med: 20.4   Max: 24.58
Current: 23.2

During the past 13 years, Topco Scientific Co's highest ROE % was 24.58%. The lowest was 14.29%. And the median was 20.40%.

TPE:5434's ROE % is ranked better than
92.78% of 2424 companies
in the Hardware industry
Industry Median: 4.665 vs TPE:5434: 23.20

Topco Scientific Co  (TPE:5434) 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
=4892.676/19369.87
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4892.676 / 69194.564)*(69194.564 / 40143.585)*(40143.585 / 19369.87)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.07 %*1.7237*2.0725
=ROA %*Equity Multiplier
=12.19 %*2.0725
=25.26 %

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
=4892.676/19369.87
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4892.676 / 6163.728) * (6163.728 / 4328.924) * (4328.924 / 69194.564) * (69194.564 / 40143.585) * (40143.585 / 19369.87)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7938 * 1.4238 * 6.26 % * 1.7237 * 2.0725
=25.26 %

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.


Topco Scientific Co ROE % Related Terms


Topco Scientific Co ROE % Historical Data

* Premium members only.

The historical data trend for Topco Scientific Co'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.

Topco Scientific Co ROE % Chart

Topco Scientific Co 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 20.70 24.58 20.20 22.24 22.14

Topco Scientific Co 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 21.38 21.92 21.80 24.65 25.26

TPE:5434 vs SNX, ARW, AVT: ROE % Comparison

For the Electronics & Computer Distribution subindustry, Topco Scientific Co'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.


Topco Scientific Co ROE % vs Hardware Industry

For the Hardware industry and Technology sector, Topco Scientific Co's ROE % distribution charts can be found below:

* The bar in red indicates where Topco Scientific Co's ROE % falls into.


TPE:5434
86GF Score
Topco Scientific Co Ltd TPE:5434
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Topco Scientific Co ROE % Calculation

Topco Scientific Co'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 )
=4180.447/( (17771.222+19999.753)/ 2 )
=4180.447/18885.4875
=22.14 %

Topco Scientific Co'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 )
=4892.676/( (18739.987+19999.753)/ 2 )
=4892.676/19369.87
=25.26 %

* 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 25.26% mean?
Topco Scientific Co (TPE:5434) has a ROE % of 25.26% 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 Topco Scientific Co and its competitors. This is 24% above median its historical median of 20.40. Over the past decade, Topco Scientific Co's ROE % has ranged from 14.29 to 24.58. According to the industry distribution chart, Topco Scientific Co ranks #175 out of 2424 companies in the Hardware industry, placing it in the top 7.2%.
Is Topco Scientific Co's ROE % too high?
Topco Scientific Co's current ROE % of 25.26% is 24% above median its 10-year median of 20.40. Over the past 10 years, this metric has ranged from a low of 14.29 to a high of 24.58. The Hardware industry median ROE % is 4.67. Topco Scientific Co's value of 25.26% is 441.5% above this industry median. Based on the distribution chart, Topco Scientific Co ranks #175 out of 2424 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Topco Scientific Co has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Topco Scientific Co's ROE % compare to SNX and ARW?
According to the Hardware industry distribution chart, Topco Scientific Co ranks #175 out of 2424 companies for ROE %. This places Topco Scientific Co in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 4.67. Topco Scientific Co's value of 25.26% is 441.5% above this benchmark. Historically, Topco Scientific Co's own ROE % has ranged from 14.29 to 24.58 over the past decade. While the company's 10-year median is 20.40 vs. the industry median of 4.67, Topco Scientific Co 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 4.67, based on 2,424 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. Topco Scientific Co's current ROE % of 25.26% is 441.5% 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 Topco Scientific Co and its competitors. For the Hardware industry, the median ROE % is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topco Scientific Co's current ROE % is 25.26%, which is 24% above median its own 10-year median of 20.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topco Scientific Co stock overvalued right now?
Based on GuruFocus' analysis, Topco Scientific Co (TPE:5434) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$343.18, compared to a current price of NT$509.00 — trading 48.3% above its estimated fair value. The current ROE % is 25.26%, which is 24% above median its 10-year median of 20.40 and 441.5% above the Hardware industry median of 4.67. Topco Scientific Co's overall GF Score™ is 86/100 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 Topco Scientific Co (TPE:5434), the current ROE % is 25.26% 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 Topco Scientific Co (TPE:5434) Overvalued in 2026?

Based on GuruFocus' analysis, Topco Scientific Co stock appears to be overvalued. The current stock price of NT$509.00 is trading 48.3% above its estimated GF Value™ of NT$343.18. GuruFocus considers Topco Scientific Co to be Significantly Overvalued.

Key valuation signals for TPE:5434:

  • ROE %: 25.26% (24% above median its 10-year median of 20.40)
  • GF Value™: NT$343.18 vs. price of NT$509.00 (48.3% above fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 441.5% above the Hardware median (#175 of 2424)

No single metric tells the full story. See the TPE:5434 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topco Scientific Co Business Description

Address No. 176 Zhouzi Street, 6th Floor, Neihu District, Taipei, TWN
Topco Scientific Co Ltd engages in the trading of electronics products, high technology products and related materials and components, pollution prevention equipment; designing and installation of water purification and recycling systems, solar energy materials; providing solar energy system integration services and operation power of solar stations, as well as setting up a sport center that operates and provides sport training programs. The company's reportable segments include the advance material division, the semiconductor and electronics division and the environmental engineering group. The majority of the company's revenue is derived from the semiconductor and electronics division.
86GF Score

Get the complete analysis for TPE:5434

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

NT$509.00
Price
NT$343.18
GF Value