Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hittco ToolsBOM:531661 -0.77%52 Return-on-Tangible-Equity is 16.15% as of Mar. 2026. GuruFocus rates BOM:531661 with a GF Score™ of 52/100 and a GF Value™ of ₹13.58 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,973 Industrial Products companies, Hittco Tools ranks worse than 91.39% 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. Hittco Tools's annualized net income for the quarter that ended in Mar. 2026 was ₹4.72 Mil. Hittco Tools's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹29.21 Mil. Therefore, Hittco Tools's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.15%.
The historical rank and industry rank for Hittco Tools's Return-on-Tangible-Equity or its related term are showing as below:
BOM:531661'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -34.3 Med: -5.79 Max: 33.45
Current: -22.35
During the past 13 years, Hittco Tools's highest Return-on-Tangible-Equity was 33.45%. The lowest was -34.30%. And the median was -5.79%.
BOM:531661's Return-on-Tangible-Equity is ranked worse than 91.39% of 2973
companies
in the Industrial Products industry
Industry Median: 6.8
vs BOM:531661: -22.35
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.
Hittco Tools Return-on-Tangible-Equity Related Terms
Hittco Tools Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hittco Tools'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.
BOM:531661 vs SNA, RBC, SWK: Return-on-Tangible-Equity Comparison
For the Tools & Accessories subindustry, Hittco Tools'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.
Hittco Tools Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hittco Tools's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hittco Tools'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 16.15% mean?
Hittco Tools (BOM:531661) has a Return-on-Tangible-Equity of 16.15% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hittco Tools and its competitors. According to the industry distribution chart, Hittco Tools ranks #2717 out of 2973 companies in the Industrial Products industry, placing it in the top 91.4%.
Is Hittco Tools' Return-on-Tangible-Equity too high?
Hittco Tools' current Return-on-Tangible-Equity is 16.15%. The Industrial Products industry median Return-on-Tangible-Equity is 6.80. Hittco Tools' value of 16.15% is 137.5% above this industry median. Based on the distribution chart, Hittco Tools ranks #2717 out of 2973 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hittco Tools has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hittco Tools' Return-on-Tangible-Equity compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Hittco Tools ranks #2717 out of 2973 companies for Return-on-Tangible-Equity. This places Hittco Tools in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.80. Hittco Tools' value of 16.15% is 137.5% 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 Return-on-Tangible-Equity for an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.80, based on 2,973 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. Hittco Tools's current Return-on-Tangible-Equity of 16.15% is 137.5% 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 Hittco Tools and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hittco Tools's current Return-on-Tangible-Equity is 16.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hittco Tools stock overvalued right now?
Based on GuruFocus' analysis, Hittco Tools (BOM:531661) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹13.58, compared to a current price of ₹11.65 — trading 14.2% below its estimated fair value. The current Return-on-Tangible-Equity is 16.15% and 137.5% above the Industrial Products industry median of 6.80. Hittco Tools' overall GF Score™ is 52/100 with 4 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 Hittco Tools (BOM:531661), the current Return-on-Tangible-Equity is 16.15% 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 Hittco Tools (BOM:531661) Overvalued in 2026?
Based on GuruFocus' analysis, Hittco Tools stock appears to be undervalued.
The current stock price of ₹11.65 is trading 14.2% below its estimated GF Value™ of ₹13.58.
GuruFocus considers Hittco Tools to be Modestly Undervalued.
Key valuation signals for BOM:531661:
Return-on-Tangible-Equity: 16.15%
GF Value™: ₹13.58 vs. price of ₹11.65 (14.2% below fair value)
Industry Position: 137.5% above the Industrial Products median (#2717 of 2973)
No single metric tells the full story. See the BOM:531661 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hittco Tools Ltd manufactures high-performance Carbide and High-Speed Steel (HSS) tools for machining a variety of metals and acrylic. The company operates in the manufacturing and sale of machine tools, offering products such as High Performance Endmills, Endmills for Non-Ferrous Metals, HSS Jobber Drills, Die and Mould Endmills, General Purpose Endmills, and Carbide High Performance Drills. It has two manufacturing units located on the outskirts of Bangalore in Peenya Industrial Area.
52GF Score
Get the complete analysis for BOM:531661
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:531661 has been successfully added to your 
