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Mitac Digital TechnologyTPE:7821 +1.12%17 ROE % is 18.04% as of Mar. 2026, which is 119% above its 10-year median of 8.23. GuruFocus rates TPE:7821 with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 2,429 Hardware companies, Mitac Digital Technology ranks better than 86.83% on this metric.
Mitac Digital Technology (TPE:7821) 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 (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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 Communication Equipment subindustry, Mitac Digital 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.
Mitac Digital Technology ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Mitac Digital Technology's ROE % distribution charts can be found below:
* The bar in red indicates where Mitac Digital 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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Mitac Digital Technology (TPE:7821) has a ROE % of 18.04% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mitac Digital Technology and its competitors. This is 119% above median its historical median of 8.23. Over the past decade, Mitac Digital Technology's ROE % has ranged from 5.31 to 17.46. According to the industry distribution chart, Mitac Digital Technology ranks #320 out of 2429 companies in the Hardware industry, placing it in the top 13.2%.
Is Mitac Digital Technology's ROE % too high?
Mitac Digital Technology's current ROE % of 18.04% is 119% above median its 10-year median of 8.23. Over the past 10 years, this metric has ranged from a low of 5.31 to a high of 17.46. The Hardware industry median ROE % is 4.66. Mitac Digital Technology's value of 18.04% is 287.1% above this industry median. Based on the distribution chart, Mitac Digital Technology ranks #320 out of 2429 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Mitac Digital Technology has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Mitac Digital Technology's ROE % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Mitac Digital Technology ranks #320 out of 2429 companies for ROE %. This places Mitac Digital Technology in the top 13% of its industry — outperforming the majority of peers. The industry median ROE % is 4.66. Mitac Digital Technology's value of 18.04% is 287.1% above this benchmark. Historically, Mitac Digital Technology's own ROE % has ranged from 5.31 to 17.46 over the past decade. While the company's 10-year median is 8.23 vs. the industry median of 4.66, Mitac Digital 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 a Hardware company?
The median ROE % among Hardware companies is 4.66, based on 2,429 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. Mitac Digital Technology's current ROE % of 18.04% is 287.1% 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 Mitac Digital Technology and its competitors. For the Hardware industry, the median ROE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitac Digital Technology's current ROE % is 18.04%, which is 119% above median its own 10-year median of 8.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitac Digital Technology stock overvalued right now?
Mitac Digital Technology (TPE:7821) has a current ROE % of 18.04%. The current ROE % is 18.04%, which is 119% above median its 10-year median of 8.23 and 287.1% above the Hardware industry median of 4.66. Mitac Digital Technology's overall GF Score™ is 17/100 with 2 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 Mitac Digital Technology (TPE:7821), the current ROE % is 18.04% as of Mar. 2026. 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.
Mitac Digital Technology Corp is a holding company that is engaged in the development, design, manufacturing, and sales of automotive electronics, smart IoT, and industrial computer products. Geographically, the company generates maximum revenue from USA, while it also has its presence in Taiwan, Europe and Others.
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