Thinking Electronic Industrial Co (TPE:2428) 3-Year RORE % : 8.92% (As of Mar. 2026)

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TPE:2428 Thinking Electronic Industrial Co Ltd TPE:2428
79 GF Score
Price NT$252.50
GF Value NT$175.72
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Thinking Electronic Industrial Co 3-Year RORE %?

Thinking Electronic Industrial Co TPE:2428 +1.00% 79 3-Year RORE % is 8.92 as of Mar. 2026. GuruFocus rates TPE:2428 with a GF Score™ of 79/100 and a GF Value™ of NT$175.72 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,380 Hardware companies, Thinking Electronic Industrial Co ranks better than 53.19% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Thinking Electronic Industrial Co's 3-Year RORE % for the quarter that ended in Mar. 2026 was 8.92%.

The industry rank for Thinking Electronic Industrial Co's 3-Year RORE % or its related term are showing as below:

TPE:2428's 3-Year RORE % is ranked better than
53.19% of 2380 companies
in the Hardware industry
Industry Median: 5.165 vs TPE:2428: 8.92

Thinking Electronic Industrial Co  (TPE:2428) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Thinking Electronic Industrial Co 3-Year RORE % Related Terms


Thinking Electronic Industrial Co 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Thinking Electronic Industrial Co's 3-Year RORE % 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.

Thinking Electronic Industrial Co 3-Year RORE % Chart

Thinking Electronic Industrial Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.68 -0.62 -13.03 8.75 8.92

Thinking Electronic Industrial Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year RORE % 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 15.87 14.09 18.87 8.92 0.00

TPE:2428 vs APH, GLW: 3-Year RORE % Comparison

For the Electronic Components subindustry, Thinking Electronic Industrial Co's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Thinking Electronic Industrial Co 3-Year RORE % vs Hardware Industry

For the Hardware industry and Technology sector, Thinking Electronic Industrial Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Thinking Electronic Industrial Co's 3-Year RORE % falls into.


TPE:2428
79GF Score
Thinking Electronic Industrial Co Ltd TPE:2428
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thinking Electronic Industrial Co 3-Year RORE % Calculation

Thinking Electronic Industrial Co's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 10.96-10.44 )/( 33.83-16.7 )
=0.52/17.13
=3.04 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 8.92 mean?
Thinking Electronic Industrial Co (TPE:2428) has a 3-Year RORE % of 8.92 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Thinking Electronic Industrial Co and its competitors. According to the industry distribution chart, Thinking Electronic Industrial Co ranks #1114 out of 2380 companies in the Hardware industry, placing it in the top 46.8%.
Is Thinking Electronic Industrial Co's 3-Year RORE % too high?
Thinking Electronic Industrial Co's current 3-Year RORE % is 8.92. The Hardware industry median 3-Year RORE % is 5.17. Thinking Electronic Industrial Co's value of 8.92 is 72.7% above this industry median. Based on the distribution chart, Thinking Electronic Industrial Co ranks #1114 out of 2380 companies in the Hardware industry, which is above the industry midpoint. Overall, Thinking Electronic Industrial Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thinking Electronic Industrial Co's 3-Year RORE % compare to APH and GLW?
According to the Hardware industry distribution chart, Thinking Electronic Industrial Co ranks #1114 out of 2380 companies for 3-Year RORE %. This puts Thinking Electronic Industrial Co in the upper half of its industry. The industry median 3-Year RORE % is 5.17. Thinking Electronic Industrial Co's value of 8.92 is 72.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Hardware company?
The median 3-Year RORE % among Hardware companies is 5.17, based on 2,380 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thinking Electronic Industrial Co's current 3-Year RORE % of 8.92 is 72.7% 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Thinking Electronic Industrial Co and its competitors. For the Hardware industry, the median 3-Year RORE % is 5.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinking Electronic Industrial Co's current 3-Year RORE % is 8.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Electronic Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co (TPE:2428) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$175.72, compared to a current price of NT$252.50 — trading 43.7% above its estimated fair value. The current 3-Year RORE % is 8.92 and 72.7% above the Hardware industry median of 5.17. Thinking Electronic Industrial Co's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Thinking Electronic Industrial Co (TPE:2428), the current 3-Year RORE % is 8.92 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.

Is Thinking Electronic Industrial Co (TPE:2428) Overvalued in 2026?

Based on GuruFocus' analysis, Thinking Electronic Industrial Co stock appears to be overvalued. The current stock price of NT$252.50 is trading 43.7% above its estimated GF Value™ of NT$175.72. GuruFocus considers Thinking Electronic Industrial Co to be Significantly Overvalued.

Key valuation signals for TPE:2428:

  • 3-Year RORE %: 8.92
  • GF Value™: NT$175.72 vs. price of NT$252.50 (43.7% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 72.7% above the Hardware median (#1114 of 2380)

No single metric tells the full story. See the TPE:2428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thinking Electronic Industrial Co Business Description

Address Dashun 1st Road, No. 93, 8th Floor, Zuoying District, Kaohsiung, TWN
Thinking Electronic Industrial Co Ltd manufactures, processes, and sells electric devices, thermistors, varistors, and wires. Its product portfolio comprises negative temperature coefficient thermistors, zinc oxide varistors, ceramic positive temperature thermistors, polymer positive temperature coefficient thermistors (Polymer PTC resettable fuse), temperature sensors, and gas discharge tubes, among others. The Group's reportable segments are: Thinking Electronic Industrial (the company), which generates the maximum revenue, Thinking Changzhou, Dongguan Welkin and Zhongshan Welkin Guangdong, Thinking Yichang, Jiangxi Thinking, and Others. Geographically, it generates maximum revenue from Greater China (including Taiwan), and the rest from Europe and other regions.
79GF Score

Get the complete analysis for TPE:2428

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

NT$252.50
Price
NT$175.72
GF Value