Hannstar BoardTPE:5469 +1.51%77 ROE % is 6.31% as of Dec. 2025, which is 33% below its 10-year median of 9.44. GuruFocus rates TPE:5469 with a GF Score™ of 77/100 and a GF Value™ of NT$85.77 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,426 Hardware companies, Hannstar Board ranks better than 66.53% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hannstar Board's annualized net income for the quarter that ended in Dec. 2025 was NT$2,173 Mil. Hannstar Board's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$34,464 Mil. Therefore, Hannstar Board's annualized ROE % for the quarter that ended in Dec. 2025 was 6.31%.
The historical rank and industry rank for Hannstar Board's ROE % or its related term are showing as below:
TPE:5469'
s ROE % Range Over the Past 10 Years
Min: 6.1 Med: 9.44 Max: 13.07
Current: 9
During the past 13 years, Hannstar Board's highest ROE % was 13.07%. The lowest was 6.10%. And the median was 9.44%.
TPE:5469's ROE % is ranked better than 66.53% of 2426
companies
in the Hardware industry
Industry Median: 4.59
vs TPE:5469: 9.00
Hannstar Board (TPE:5469) 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.
Hannstar Board ROE % Related Terms
Hannstar Board ROE % Historical Data
* Premium members only.
The historical data trend for Hannstar Board'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.
For the Electronic Components subindustry, Hannstar Board'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.
Hannstar Board ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Hannstar Board's ROE % distribution charts can be found below:
* The bar in red indicates where Hannstar Board'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.
Hannstar Board (TPE:5469) has a ROE % of 6.31% 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 Hannstar Board and its competitors. This is 33% below median its historical median of 9.44. Over the past decade, Hannstar Board's ROE % has ranged from 6.10 to 13.07. According to the industry distribution chart, Hannstar Board ranks #812 out of 2426 companies in the Hardware industry, placing it in the top 33.5%.
Is Hannstar Board's ROE % too high?
Hannstar Board's current ROE % of 6.31% is 33% below median its 10-year median of 9.44. Over the past 10 years, this metric has ranged from a low of 6.10 to a high of 13.07. The Hardware industry median ROE % is 4.59. Hannstar Board's value of 6.31% is 37.5% above this industry median. Based on the distribution chart, Hannstar Board ranks #812 out of 2426 companies in the Hardware industry, which is above the industry midpoint. Overall, Hannstar Board has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hannstar Board's ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Hannstar Board ranks #812 out of 2426 companies for ROE %. This puts Hannstar Board in the upper half of its industry. The industry median ROE % is 4.59. Hannstar Board's value of 6.31% is 37.5% above this benchmark. Historically, Hannstar Board's own ROE % has ranged from 6.10 to 13.07 over the past decade. While the company's 10-year median is 9.44 vs. the industry median of 4.59, Hannstar Board 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 4.59, based on 2,426 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. Hannstar Board's current ROE % of 6.31% is 37.5% 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 Hannstar Board and its competitors. For the Hardware industry, the median ROE % is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hannstar Board's current ROE % is 6.31%, which is 33% below median its own 10-year median of 9.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hannstar Board stock overvalued right now?
Based on GuruFocus' analysis, Hannstar Board (TPE:5469) is currently considered Fairly Valued. The stock's GF Value™ is NT$85.77, compared to a current price of NT$87.40 — trading 1.9% above its estimated fair value. The current ROE % is 6.31%, which is 33% below median its 10-year median of 9.44 and 37.5% above the Hardware industry median of 4.59. Hannstar Board's overall GF Score™ is 77/100 with 3 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 Hannstar Board (TPE:5469), the current ROE % is 6.31% 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 Hannstar Board (TPE:5469) Overvalued in 2026?
Based on GuruFocus' analysis, Hannstar Board stock appears to be overvalued.
The current stock price of NT$87.40 is trading 1.9% above its estimated GF Value™ of NT$85.77.
GuruFocus considers Hannstar Board to be Fairly Valued.
Key valuation signals for TPE:5469:
ROE %: 6.31% (33% below median its 10-year median of 9.44)
GF Value™: NT$85.77 vs. price of NT$87.40 (1.9% above fair value)
Industry Position: 37.5% above the Hardware median (#812 of 2426)
No single metric tells the full story. See the TPE:5469 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hannstar Board Corp engages in the manufacturing and sale of printed circuit boards. The company produces a wide range of multi-layer printed circuit boards, from double-layered boards. The product types include specially printed circuit boards such as games, TV, PC, Networking, Automotive, LCD, STB, and others.
77GF Score
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