Raytech HoldingRAY -2.92%24 Return-on-Tangible-Asset is 7.87% as of Sep. 2025, which is 66% below its 10-year median of 23.31. GuruFocus rates RAY with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 1,994 Consumer Packaged Goods companies, Raytech Holding ranks better than 70.91% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Raytech Holding's annualizedNet Income for the quarter that ended in Sep. 2025 was $1.22 Mil. Raytech Holding's average total tangible assets for the quarter that ended in Sep. 2025 was $15.51 Mil. Therefore, Raytech Holding's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 7.87%.
The historical rank and industry rank for Raytech Holding's Return-on-Tangible-Asset or its related term are showing as below:
RAY'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.45 Med: 23.31 Max: 57.6
Current: 7.45
During the past 5 years, Raytech Holding's highest Return-on-Tangible-Asset was 57.60%. The lowest was 7.45%. And the median was 23.31%.
RAY's Return-on-Tangible-Asset is ranked better than 70.91% of 1994
companies
in the Consumer Packaged Goods industry
Industry Median: 3.39
vs RAY: 7.45
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Raytech Holding Return-on-Tangible-Asset Related Terms
Raytech Holding Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Raytech Holding's Return-on-Tangible-Asset 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.
RAY vs DQWS, PURE, TANH: Return-on-Tangible-Asset Comparison
For the Household & Personal Products subindustry, Raytech Holding's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Raytech Holding Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Raytech Holding's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Raytech Holding's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of 7.87% mean?
Raytech Holding (RAY) has a Return-on-Tangible-Asset of 7.87% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Raytech Holding and its competitors. This is 66% below median its historical median of 23.31. Over the past decade, Raytech Holding's Return-on-Tangible-Asset has ranged from 7.45 to 57.60. According to the industry distribution chart, Raytech Holding ranks #580 out of 1994 companies in the Consumer Packaged Goods industry, placing it in the top 29.1%.
Is Raytech Holding's Return-on-Tangible-Asset too high?
Raytech Holding's current Return-on-Tangible-Asset of 7.87% is 66% below median its 10-year median of 23.31. Over the past 10 years, this metric has ranged from a low of 7.45 to a high of 57.60. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.39. Raytech Holding's value of 7.87% is 132.2% above this industry median. Based on the distribution chart, Raytech Holding ranks #580 out of 1994 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Raytech Holding has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Raytech Holding's Return-on-Tangible-Asset compare to DQWS and PURE?
According to the Consumer Packaged Goods industry distribution chart, Raytech Holding ranks #580 out of 1994 companies for Return-on-Tangible-Asset. This puts Raytech Holding in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.39. Raytech Holding's value of 7.87% is 132.2% above this benchmark. Historically, Raytech Holding's own Return-on-Tangible-Asset has ranged from 7.45 to 57.60 over the past decade. While the company's 10-year median is 23.31 vs. the industry median of 3.39, Raytech Holding 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 Return-on-Tangible-Asset for a Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.39, based on 1,994 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Raytech Holding's current Return-on-Tangible-Asset of 7.87% is 132.2% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Raytech Holding and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raytech Holding's current Return-on-Tangible-Asset is 7.87%, which is 66% below median its own 10-year median of 23.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raytech Holding stock overvalued right now?
Raytech Holding (RAY) has a current Return-on-Tangible-Asset of 7.87%. The current Return-on-Tangible-Asset is 7.87%, which is 66% below median its 10-year median of 23.31 and 132.2% above the Consumer Packaged Goods industry median of 3.39. Raytech Holding's overall GF Score™ is 24/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Raytech Holding (RAY), the current Return-on-Tangible-Asset is 7.87% as of Sep. 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.
Raytech Holding Ltd is principally engaged in product designing and manufacturing of various product ranges such as Hair Care, Men's Care and Women's Care products. It has sourced and wholesaled a wide range of personal care electrical appliances, which can be broadly classified into seven categories: hair styling series, including hair dryer, hair straightener and curling iron; trimmer series, including facial shaver, nose trimmer and eyebrow trimmer; eyelash curler; neck care series; nail care series; tooling and other personal care appliances such as body and facial brush, reset brush, callus remover, sonic peeling, handy fan and others. Raytech manufactures products under OEM and ODM.
24GF Score
Get the complete analysis for RAY
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
RAY has been successfully added to your 
