The Hi-Tech Gears (BOM:522073) Mohanram G-Score: 3 (As of Mar. 2026) — 25% Below Median

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BOM:522073 The Hi-Tech Gears Ltd BOM:522073
64 GF Score
Price ₹620.00
GF Value ₹641.45
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is The Hi-Tech Gears Mohanram G-Score?

The Hi-Tech Gears BOM:522073 -2.97% 64 Mohanram G-Score is 3 as of Mar. 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates BOM:522073 with a GF Score™ of 64/100 and a GF Value™ of ₹641.45 (Fairly Valued). The stock has 2 warning signs investors should review.

Mohanram G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. Companies have higher G-score tends to generate higher return. According to his study, the best growth stocks that have a G-Score greater than 6 tend to beat the market, while those with a G-Score lower than 1 tend to have negative absolute returns.

Thus, the zones of discrimination were as such:

Good or high score = 6, 7, 8
Bad or low score = 0, 1

The Hi-Tech Gears has an G-score of 3.

The historical rank and industry rank for The Hi-Tech Gears's Mohanram G-Score or its related term are showing as below:

BOM:522073' s Mohanram G-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 6
Current: 3

During the past 13 years, the highest Piotroski G-score of The Hi-Tech Gears was 6. The lowest was 2. And the median was 4.

The Hi-Tech Gears  (BOM:522073) Mohanram G-Score Explanation

Partha Mohanram is the John H. Watson Chair in Value Investing at Rotman and the Acting Vice-Dean of Research Strategy and Resources.

In 2000, he wrote a research paper called "Separating Winners from Losers Among Low Book-to-Market Stocks Using Financial Statement Analysis".

This paper tests whether a strategy based on financial statement analysis of low book-to-market (growth) stocks is successful in differentiating between winners and losers in terms of future stock performance. Based on the research, a strategy based on buying high G-score (6, 7 or 8) firms and shorting low G-score (0 or 1) firms consistently earns significant excess returns. Further, the results do not support a risk based explanation for the book-to-market effect as the strategy returns positive returns in all years, and firms that ex-ante appear less risky have better future returns.

To conclude, one can use a modified fundamental analysis strategy (G-score) to identify mispricing and earn substantial abnormal returns.


The Hi-Tech Gears Mohanram G-Score Related Terms


The Hi-Tech Gears Mohanram G-Score Historical Data

* Premium members only.

The historical data trend for The Hi-Tech Gears's Mohanram G-Score 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.

The Hi-Tech Gears Mohanram G-Score Chart

The Hi-Tech Gears Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Mohanram G-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 4.00 5.00 4.00 3.00

The Hi-Tech Gears Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Mohanram G-Score 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 4.00 N/A N/A N/A 3.00

BOM:522073 vs ORLY, AZO: Mohanram G-Score Comparison

For the Auto Parts subindustry, The Hi-Tech Gears's Mohanram G-Score, along with its competitors' market caps and Mohanram G-Score 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.


The Hi-Tech Gears Mohanram G-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, The Hi-Tech Gears's Mohanram G-Score distribution charts can be found below:

* The bar in red indicates where The Hi-Tech Gears's Mohanram G-Score falls into.


BOM:522073
64GF Score
The Hi-Tech Gears Ltd BOM:522073
Mohanram G-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Hi-Tech Gears Mohanram G-Score Calculation

The calculation of the Mohanram G-score consists of eight criteria. Assign one point for each criterion met, then add up all the points to get the G-Score.

Profitability

Question 1. Return on Assets (ROA)

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. It measures how well a company uses its asset to generate earnings.

Score 1 if ROA > ROA Industry Median, 0 otherwise.

Question 2. Cash ROA

Cash ROA equals to Cash Flow from Operations divided by average Total Assets. It measures how well a company uses its asset to generate cash.

Score 1 if Cash ROA > Cash ROA Industry Median, 0 otherwise.

Question 3. CFO and Net Income

Score 1 if CFO > Net Income, 0 otherwise.

Earnings Predictability

Question 4. Earnings Variability

Earnings Variability is measured as the variance of a firm's ROA in the past five years.

Score 1 if Earnings Variability < Earnings Variability Industry Median, 0 otherwise.

Question 5. Sales Growth Variability

Sales Growth Variability is measured as the 5-year variance in sales growth.

Score 1 if Sales Growth Variability < Sales Growth Variability Industry Median, 0 otherwise.

Accounting Conservatism

Question 6. Research & Development Intensity

Research & Development Intensity is calcualted by Research & Development divided by the beginning Total Assets.

Score 1 if Research & Development Intensity > Research & Development Intensity Industry Median, 0 otherwise.

Question 7. CAPEX Intensity

CAPEX Intensity is calcualted by Capital Expenditure divided by the beginning Total Assets.

Score 1 if CAPEX Intensity > CAPEX Intensity Industry Median, 0 otherwise.

Question 8. Advertising Expenditure Intensity

Advertising Expenditure Intensity is calcualted by Advertising Expenditure divided by the beginning Total Assets. Note that Advertising Expenditure is not reported as a seperate line item for many companies, thus Selling, General, & Admin. Expense is used in this calculation.

Score 1 if Advertising Expenditure Intensity > Advertising Expenditure Intensity Industry Median, 0 otherwise.

* 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.

* Note that all the Industry Median used for comparison in his original research, are substituted with Sector Median due to the limitation of data within certain countries.

Good or high score = 6, 7, 8
Bad or low score = 0, 1

The Hi-Tech Gears has an G-score of 3.

Frequently Asked Questions Learn more about Mohanram G-Score →
What does a Mohanram G-Score of 3 mean?
The Hi-Tech Gears (BOM:522073) has a Mohanram G-Score of 3 as of Mar. 2026. G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. View historical data on The Hi-Tech Gears and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, The Hi-Tech Gears' Mohanram G-Score has ranged from 2.00 to 6.00.
Is The Hi-Tech Gears' Mohanram G-Score too high?
The Hi-Tech Gears' current Mohanram G-Score of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. Overall, The Hi-Tech Gears has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Hi-Tech Gears' Mohanram G-Score compare to ORLY and AZO?
The Hi-Tech Gears' Mohanram G-Score of 3 can be compared against companies in the Vehicles & Parts industry. Historically, The Hi-Tech Gears' own Mohanram G-Score has ranged from 2.00 to 6.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Mohanram G-Score for a Vehicles & Parts company?
A good Mohanram G-Score depends on the Vehicles & Parts industry context. However, Mohanram G-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Mohanram G-Score mean?
A high Mohanram G-Score can signal that a stock is expensive relative to its fundamentals. G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. View historical data on The Hi-Tech Gears and its competitors. The Hi-Tech Gears's current Mohanram G-Score is 3, which is 25% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hi-Tech Gears stock overvalued right now?
Based on GuruFocus' analysis, The Hi-Tech Gears (BOM:522073) is currently considered Fairly Valued. The stock's GF Value™ is ₹641.45, compared to a current price of ₹620.00 — trading 3.3% below its estimated fair value. The current Mohanram G-Score is 3, which is 25% below median its 10-year median of 4.00. The Hi-Tech Gears' overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Mohanram G-Score calculated?
Mohanram G-Score is calculated from a company's financial statements. For The Hi-Tech Gears (BOM:522073), the current Mohanram G-Score is 3 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 The Hi-Tech Gears (BOM:522073) Overvalued in 2026?

Based on GuruFocus' analysis, The Hi-Tech Gears stock appears to be undervalued. The current stock price of ₹620.00 is trading 3.3% below its estimated GF Value™ of ₹641.45. GuruFocus considers The Hi-Tech Gears to be Fairly Valued.

Key valuation signals for BOM:522073:

  • Mohanram G-Score: 3 (25% below median its 10-year median of 4.00)
  • GF Value™: ₹641.45 vs. price of ₹620.00 (3.3% below fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the BOM:522073 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Hi-Tech Gears Business Description

Other Exchanges HITECHGEAR:India
Address Sushant Lok 1, Sector 27, Tower B, 14th Floor, Unitech's Millennium plaza, Gurugram, HR, IND, 122009
The Hi-Tech Gears Ltd is a manufacturer of auto components. The company is engaged in the business of gears and transmission components. It provides diverse parts and accessories for motor vehicles such as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalyzers, clutches, steering wheels, steering columns, and steering boxes. The company's product includes power takeoff, car transmission, and driveline components, precision forging or precision machining, and machined sintered components. Geographically, it derives a majority of revenue from India and also has its presence in America and Other countries.
64GF Score

Get the complete analysis for BOM:522073

Mohanram G-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹620.00
Price
₹641.45
GF Value