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Cy Carbide Mfg CoBJSE:920238 40 Return-on-Tangible-Equity is 83.40% as of Jun. 2026, which is 368% above its 10-year median of 17.81. GuruFocus rates BJSE:920238 with a GF Score™ of 40/100. The stock has 5 warning signs investors should review. Among 398 Building Materials companies, Cy Carbide Mfg Co ranks better than 97.74% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Cy Carbide Mfg Co's annualized net income for the quarter that ended in Jun. 2026 was ¥856 Mil. Cy Carbide Mfg Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ¥1,027 Mil. Therefore, Cy Carbide Mfg Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 83.40%.
The historical rank and industry rank for Cy Carbide Mfg Co's Return-on-Tangible-Equity or its related term are showing as below:
BJSE:920238'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.48 Med: 17.81 Max: 57.52
Current: 57.52
During the past 7 years, Cy Carbide Mfg Co's highest Return-on-Tangible-Equity was 57.52%. The lowest was 10.48%. And the median was 17.81%.
BJSE:920238's Return-on-Tangible-Equity is ranked better than 97.74% of 398
companies
in the Building Materials industry
Industry Median: 5.08
vs BJSE:920238: 57.52
Cy Carbide Mfg Co (BJSE:920238) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.
Cy Carbide Mfg Co Return-on-Tangible-Equity Related Terms
Cy Carbide Mfg Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Cy Carbide Mfg Co's Return-on-Tangible-Equity 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.
BJSE:920238 vs CRH, MLM, VMC: Return-on-Tangible-Equity Comparison
For the Building Materials subindustry, Cy Carbide Mfg Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Cy Carbide Mfg Co Return-on-Tangible-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Cy Carbide Mfg Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Cy Carbide Mfg Co's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 83.40% mean?
Cy Carbide Mfg Co (BJSE:920238) has a Return-on-Tangible-Equity of 83.40% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Cy Carbide Mfg Co and its competitors. This is 368% above median its historical median of 17.81. Over the past decade, Cy Carbide Mfg Co's Return-on-Tangible-Equity has ranged from 10.48 to 57.52. According to the industry distribution chart, Cy Carbide Mfg Co ranks #9 out of 398 companies in the Building Materials industry, placing it in the top 2.3%.
Is Cy Carbide Mfg Co's Return-on-Tangible-Equity too high?
Cy Carbide Mfg Co's current Return-on-Tangible-Equity of 83.40% is 368% above median its 10-year median of 17.81. Over the past 10 years, this metric has ranged from a low of 10.48 to a high of 57.52. The Building Materials industry median Return-on-Tangible-Equity is 5.08. Cy Carbide Mfg Co's value of 83.40% is 1541.7% above this industry median. Based on the distribution chart, Cy Carbide Mfg Co ranks #9 out of 398 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Cy Carbide Mfg Co has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Cy Carbide Mfg Co's Return-on-Tangible-Equity compare to CRH and MLM?
According to the Building Materials industry distribution chart, Cy Carbide Mfg Co ranks #9 out of 398 companies for Return-on-Tangible-Equity. This places Cy Carbide Mfg Co in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.08. Cy Carbide Mfg Co's value of 83.40% is 1541.7% above this benchmark. Historically, Cy Carbide Mfg Co's own Return-on-Tangible-Equity has ranged from 10.48 to 57.52 over the past decade. While the company's 10-year median is 17.81 vs. the industry median of 5.08, Cy Carbide Mfg 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 Return-on-Tangible-Equity for a Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.08, based on 398 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cy Carbide Mfg Co's current Return-on-Tangible-Equity of 83.40% is 1541.7% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Cy Carbide Mfg Co and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cy Carbide Mfg Co's current Return-on-Tangible-Equity is 83.40%, which is 368% above median its own 10-year median of 17.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cy Carbide Mfg Co stock overvalued right now?
Cy Carbide Mfg Co (BJSE:920238) has a current Return-on-Tangible-Equity of 83.40%. The current Return-on-Tangible-Equity is 83.40%, which is 368% above median its 10-year median of 17.81 and 1541.7% above the Building Materials industry median of 5.08. Cy Carbide Mfg Co's overall GF Score™ is 40/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Cy Carbide Mfg Co (BJSE:920238), the current Return-on-Tangible-Equity is 83.40% as of Jun. 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.
Cy Carbide Mfg Co Ltd is engaged in the research, development, production and sales of cemented carbide products. Its product portfolio includes: i) Cemented Carbide Materials: Rods, Tips, Preforms, Dies and Wear Components, ii) Precision CNC Insert, iii) Other Hard Materials: Cermet, PCD, CB, iv) Coating Services, v) High precision Grinding Services. The company supplies these products to various applications in metalworking, woodworking, die & mold, mining, construction, new energy and wear parts, among others.
40GF Score
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