Promate Electronic CoTPE:6189 86 ROE % is 15.84% as of Dec. 2025, which is 11% above its 10-year median of 14.33. GuruFocus rates TPE:6189 with a GF Score™ of 86/100 and a GF Value™ of NT$49.54 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,426 Hardware companies, Promate Electronic Co ranks better than 75.6% on this metric.
The historical rank and industry rank for Promate Electronic Co's ROE % or its related term are showing as below:
TPE:6189'
s ROE % Range Over the Past 10 Years
Min: 10.17 Med: 14.33 Max: 23.76
Current: 11.64
During the past 13 years, Promate Electronic Co's highest ROE % was 23.76%. The lowest was 10.17%. And the median was 14.33%.
TPE:6189's ROE % is ranked better than 75.6% of 2426
companies
in the Hardware industry
Industry Median: 4.59
vs TPE:6189: 11.64
Promate Electronic Co (TPE:6189) 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 Electronics & Computer Distribution subindustry, Promate Electronic 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.
Promate Electronic Co ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Promate Electronic Co's ROE % distribution charts can be found below:
* The bar in red indicates where Promate Electronic Co'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.
Promate Electronic Co (TPE:6189) has a ROE % of 15.84% 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 Promate Electronic Co and its competitors. This is 11% above median its historical median of 14.33. Over the past decade, Promate Electronic Co's ROE % has ranged from 10.17 to 23.76. According to the industry distribution chart, Promate Electronic Co ranks #592 out of 2426 companies in the Hardware industry, placing it in the top 24.4%.
Is Promate Electronic Co's ROE % too high?
Promate Electronic Co's current ROE % of 15.84% is 11% above median its 10-year median of 14.33. Over the past 10 years, this metric has ranged from a low of 10.17 to a high of 23.76. The Hardware industry median ROE % is 4.59. Promate Electronic Co's value of 15.84% is 245.1% above this industry median. Based on the distribution chart, Promate Electronic Co ranks #592 out of 2426 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Promate Electronic Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Promate Electronic Co's ROE % compare to SNX and ARW?
According to the Hardware industry distribution chart, Promate Electronic Co ranks #592 out of 2426 companies for ROE %. This places Promate Electronic Co in the top 24% of its industry — outperforming the majority of peers. The industry median ROE % is 4.59. Promate Electronic Co's value of 15.84% is 245.1% above this benchmark. Historically, Promate Electronic Co's own ROE % has ranged from 10.17 to 23.76 over the past decade. While the company's 10-year median is 14.33 vs. the industry median of 4.59, Promate Electronic 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 4.59, 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. Promate Electronic Co's current ROE % of 15.84% is 245.1% 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 Promate Electronic Co 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. Promate Electronic Co's current ROE % is 15.84%, which is 11% above median its own 10-year median of 14.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Promate Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Promate Electronic Co (TPE:6189) is currently considered Fairly Valued. The stock's GF Value™ is NT$49.54, compared to a current price of NT$50.50 — trading 1.9% above its estimated fair value. The current ROE % is 15.84%, which is 11% above median its 10-year median of 14.33 and 245.1% above the Hardware industry median of 4.59. Promate Electronic Co's overall GF Score™ is 86/100 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 Promate Electronic Co (TPE:6189), the current ROE % is 15.84% 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 Promate Electronic Co (TPE:6189) Overvalued in 2026?
Based on GuruFocus' analysis, Promate Electronic Co stock appears to be overvalued.
The current stock price of NT$50.50 is trading 1.9% above its estimated GF Value™ of NT$49.54.
GuruFocus considers Promate Electronic Co to be Fairly Valued.
Key valuation signals for TPE:6189:
ROE %: 15.84% (11% above median its 10-year median of 14.33)
GF Value™: NT$49.54 vs. price of NT$50.50 (1.9% above fair value)
Industry Position: 245.1% above the Hardware median (#592 of 2426)
No single metric tells the full story. See the TPE:6189 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Promate Electronic Co Ltd company is mainly engaged in the distribution and sales of electronic/electrical components, sales of computer software and electrical products, and sales of electronic/electrical components. The company has these operating segments; Application specific and LCD Display Products, Linear/ Distributed Components, Image Processing ICs, Application specific ICs, and Others. It has two business divisions; China Region Manufacturing and distribution agents established in Mainland China and Hong Kong; and Non-China Region Manufacturing and distribution agents established outside Mainland China and Hong Kong, out of which it derives a majority of its revenue from the Non-China Region.
86GF Score
Get the complete analysis for TPE:6189
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:6189 has been successfully added to your 
