Apaq Technology CoTPE:6449 -8.36%78 ROE % is 19.72% as of Dec. 2025, which is 53% above its 10-year median of 12.90. GuruFocus rates TPE:6449 with a GF Score™ of 78/100 and a GF Value™ of NT$154.91 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,423 Hardware companies, Apaq Technology Co ranks better than 84.07% on this metric.
The historical rank and industry rank for Apaq Technology Co's ROE % or its related term are showing as below:
TPE:6449'
s ROE % Range Over the Past 10 Years
Min: 7.11 Med: 12.9 Max: 15.67
Current: 15.51
During the past 13 years, Apaq Technology Co's highest ROE % was 15.67%. The lowest was 7.11%. And the median was 12.90%.
TPE:6449's ROE % is ranked better than 84.07% of 2423
companies
in the Hardware industry
Industry Median: 4.61
vs TPE:6449: 15.51
Apaq Technology Co (TPE:6449) 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.
Apaq Technology Co ROE % Related Terms
Apaq Technology Co ROE % Historical Data
* Premium members only.
The historical data trend for Apaq Technology 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.
For the Electronic Components subindustry, Apaq Technology 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.
Apaq Technology Co ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Apaq Technology Co's ROE % distribution charts can be found below:
* The bar in red indicates where Apaq Technology 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.
Apaq Technology Co (TPE:6449) has a ROE % of 19.72% 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 Apaq Technology Co and its competitors. This is 53% above median its historical median of 12.90. Over the past decade, Apaq Technology Co's ROE % has ranged from 7.11 to 15.67. According to the industry distribution chart, Apaq Technology Co ranks #386 out of 2423 companies in the Hardware industry, placing it in the top 15.9%.
Is Apaq Technology Co's ROE % too high?
Apaq Technology Co's current ROE % of 19.72% is 53% above median its 10-year median of 12.90. Over the past 10 years, this metric has ranged from a low of 7.11 to a high of 15.67. The Hardware industry median ROE % is 4.61. Apaq Technology Co's value of 19.72% is 327.8% above this industry median. Based on the distribution chart, Apaq Technology Co ranks #386 out of 2423 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Apaq Technology Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apaq Technology Co's ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Apaq Technology Co ranks #386 out of 2423 companies for ROE %. This places Apaq Technology Co in the top 16% of its industry — outperforming the majority of peers. The industry median ROE % is 4.61. Apaq Technology Co's value of 19.72% is 327.8% above this benchmark. Historically, Apaq Technology Co's own ROE % has ranged from 7.11 to 15.67 over the past decade. While the company's 10-year median is 12.90 vs. the industry median of 4.61, Apaq Technology 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 4.61, 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. Apaq Technology Co's current ROE % of 19.72% is 327.8% 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 Apaq Technology Co 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. Apaq Technology Co's current ROE % is 19.72%, which is 53% above median its own 10-year median of 12.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apaq Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Apaq Technology Co (TPE:6449) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$154.91, compared to a current price of NT$340.00 — trading 119.5% above its estimated fair value. The current ROE % is 19.72%, which is 53% above median its 10-year median of 12.90 and 327.8% above the Hardware industry median of 4.61. Apaq Technology Co's overall GF Score™ is 78/100 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 Apaq Technology Co (TPE:6449), the current ROE % is 19.72% 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 Apaq Technology Co (TPE:6449) Overvalued in 2026?
Based on GuruFocus' analysis, Apaq Technology Co stock appears to be overvalued.
The current stock price of NT$340.00 is trading 119.5% above its estimated GF Value™ of NT$154.91.
GuruFocus considers Apaq Technology Co to be Significantly Overvalued.
Key valuation signals for TPE:6449:
ROE %: 19.72% (53% above median its 10-year median of 12.90)
GF Value™: NT$154.91 vs. price of NT$340.00 (119.5% above fair value)
Industry Position: 327.8% above the Hardware median (#386 of 2423)
No single metric tells the full story. See the TPE:6449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apaq Technology Co Ltd is a Taiwan-based company that focuses on the research, development, manufacturing, and sales of electronic components. The company generates revenues by selling products that include ultra-small, high temperature-resistant, long-life, low impedance electrolytic capacitors and coiled conductive polymer solid capacitors. Geographically, the company has a presence in Asia, Taiwan, and Other countries.
78GF Score
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