Highness Microelectronics (BOM:544741) Return-on-Tangible-Equity: 59.28% (As of Mar. 2025) — Near Median

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BOM:544741 Highness Microelectronics Ltd BOM:544741
18 GF Score
Price ₹182.50
! 8 Warning Signs
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What is Highness Microelectronics Return-on-Tangible-Equity?

Highness Microelectronics BOM:544741 +1.39% 18 Return-on-Tangible-Equity is 59.28% as of Mar. 2025, which is 3% below its 10-year median of 60.97. GuruFocus rates BOM:544741 with a GF Score™ of 18/100. The stock has 8 warning signs investors should review. Among 2,382 Hardware companies, Highness Microelectronics ranks better than 95.84% 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. Highness Microelectronics's annualized net income for the quarter that ended in Mar. 2025 was ₹25.2 Mil. Highness Microelectronics's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹42.6 Mil. Therefore, Highness Microelectronics's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 59.28%.

The historical rank and industry rank for Highness Microelectronics's Return-on-Tangible-Equity or its related term are showing as below:

BOM:544741' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 59.28   Med: 60.97   Max: 112.69
Current: 59.28

During the past 3 years, Highness Microelectronics's highest Return-on-Tangible-Equity was 112.69%. The lowest was 59.28%. And the median was 60.97%.

BOM:544741's Return-on-Tangible-Equity is ranked better than
95.84% of 2382 companies
in the Hardware industry
Industry Median: 5.43 vs BOM:544741: 59.28

Highness Microelectronics  (BOM:544741) 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.


Highness Microelectronics Return-on-Tangible-Equity Related Terms


Highness Microelectronics Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Highness Microelectronics'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.

Highness Microelectronics Return-on-Tangible-Equity Chart

Highness Microelectronics Annual Data
Trend Mar23 Mar24 Mar25
Return-on-Tangible-Equity
60.97 112.69 59.28

Highness Microelectronics Semi-Annual Data
Mar23 Mar24 Mar25
Return-on-Tangible-Equity 60.97 112.69 59.28

BOM:544741 vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison

For the Electronic Components subindustry, Highness Microelectronics'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.


Highness Microelectronics Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Highness Microelectronics's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Highness Microelectronics's Return-on-Tangible-Equity falls into.


BOM:544741
18GF Score
Highness Microelectronics Ltd BOM:544741
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Highness Microelectronics Return-on-Tangible-Equity Calculation

Highness Microelectronics's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=25.226/( (35.107+49.999 )/ 2 )
=25.226/42.553
=59.28 %

Highness Microelectronics's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Mar. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Mar. 2024 )(Q: Mar. 2025 )
=25.226/( (35.107+49.999)/ 2 )
=25.226/42.553
=59.28 %

* 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 one times the annual (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 59.28% mean?
Highness Microelectronics (BOM:544741) has a Return-on-Tangible-Equity of 59.28% as of Mar. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Highness Microelectronics and its competitors. This is near median its historical median of 60.97. Over the past decade, Highness Microelectronics' Return-on-Tangible-Equity has ranged from 59.28 to 112.69. According to the industry distribution chart, Highness Microelectronics ranks #99 out of 2382 companies in the Hardware industry, placing it in the top 4.2%.
Is Highness Microelectronics' Return-on-Tangible-Equity too high?
Highness Microelectronics' current Return-on-Tangible-Equity of 59.28% is near median its 10-year median of 60.97. Over the past 10 years, this metric has ranged from a low of 59.28 to a high of 112.69. The Hardware industry median Return-on-Tangible-Equity is 5.43. Highness Microelectronics' value of 59.28% is 991.7% above this industry median. Based on the distribution chart, Highness Microelectronics ranks #99 out of 2382 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Highness Microelectronics has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Highness Microelectronics' Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Highness Microelectronics ranks #99 out of 2382 companies for Return-on-Tangible-Equity. This places Highness Microelectronics in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.43. Highness Microelectronics' value of 59.28% is 991.7% above this benchmark. Historically, Highness Microelectronics' own Return-on-Tangible-Equity has ranged from 59.28 to 112.69 over the past decade. While the company's 10-year median is 60.97 vs. the industry median of 5.43, Highness Microelectronics 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.43, based on 2,382 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. Highness Microelectronics's current Return-on-Tangible-Equity of 59.28% is 991.7% 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 Highness Microelectronics and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highness Microelectronics's current Return-on-Tangible-Equity is 59.28%, which is near median its own 10-year median of 60.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highness Microelectronics stock overvalued right now?
Highness Microelectronics (BOM:544741) has a current Return-on-Tangible-Equity of 59.28%. The current Return-on-Tangible-Equity is 59.28%, which is near median its 10-year median of 60.97 and 991.7% above the Hardware industry median of 5.43. Highness Microelectronics' overall GF Score™ is 18/100 with 8 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 Highness Microelectronics (BOM:544741), the current Return-on-Tangible-Equity is 59.28% as of Mar. 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.

Highness Microelectronics Business Description

Address Kherani Road, Office 1C3, 1st Floor, Gundecha Onclave, Saki Vihar, Andheri (East, Mumbai, MH, IND, 400072
Highness Microelectronics Ltd is engaged in the Design, Development, Integration, Assembly and Manufacture of Digital-Imaging Solutions. The company operates in two main categories, namely 'Off the Shelf Products' and 'Market Specific Solutions/Project'. Its offerings include display modules and components such as TFT and LCD modules, display controllers, touch screens, backlight drivers, and related assemblies, as well as display systems, including Open-Frame Displays, Panel-Mount Displays, Industrial Grade Displays and Medical Grade Display Monitors for industrial and medical applications. The majority of the company's revenue is derived from designing, developing, integrating, assembling and manufacturing of Digital-Imaging Solutions.
18GF Score

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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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