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. Dewey Electronics's annualized net income for the quarter that ended in Mar. 2018 was $1.14 Mil. Dewey Electronics's average shareholder tangible equity for the quarter that ended in Mar. 2018 was $1.55 Mil. Therefore, Dewey Electronics's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2018 was 73.48%.
The historical rank and industry rank for Dewey Electronics's Return-on-Tangible-Equity or its related term are showing as below:
DEWY's Return-on-Tangible-Equity is not ranked *
in the Aerospace & Defense industry.
Industry Median: 8.29 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
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.
Dewey Electronics Return-on-Tangible-Equity Related Terms
Dewey Electronics Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Dewey Electronics'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.
DEWY vs ASDN, MKRS, PSSR: Return-on-Tangible-Equity Comparison
For the Aerospace & Defense subindustry, Dewey Electronics'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.
Dewey Electronics Return-on-Tangible-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Dewey Electronics's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Dewey Electronics'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. 2018) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 73.48% mean?
Dewey Electronics (DEWY) has a Return-on-Tangible-Equity of 73.48% as of Mar. 2018. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Dewey Electronics and its competitors.
Is Dewey Electronics' Return-on-Tangible-Equity too high?
Dewey Electronics' current Return-on-Tangible-Equity is 73.48%. The Aerospace & Defense industry median Return-on-Tangible-Equity is 8.29. Dewey Electronics' value of 73.48% is 786.4% above this industry median.
How does Dewey Electronics' Return-on-Tangible-Equity compare to ASDN and MKRS?
Dewey Electronics' Return-on-Tangible-Equity of 73.48% can be compared against companies in the Aerospace & Defense industry. The industry median Return-on-Tangible-Equity is 8.29. Dewey Electronics' value of 73.48% is 786.4% 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 Aerospace & Defense company?
The median Return-on-Tangible-Equity among Aerospace & Defense companies is 8.29, based on 333 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. Dewey Electronics's current Return-on-Tangible-Equity of 73.48% is 786.4% 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 Dewey Electronics and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Equity is 8.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dewey Electronics's current Return-on-Tangible-Equity is 73.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dewey Electronics stock overvalued right now?
Dewey Electronics (DEWY) has a current Return-on-Tangible-Equity of 73.48%. The current Return-on-Tangible-Equity is 73.48% and 786.4% above the Aerospace & Defense industry median of 8.29. 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 Dewey Electronics (DEWY), the current Return-on-Tangible-Equity is 73.48% as of Mar. 2018. 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.
Dewey Electronics Corp is a systems-oriented military electronics development, design, and manufacturing organization based in Oakland, New Jersey, with a focus on compact diesel power generation solutions. Its services include Manufacturing, Machining, Power Systems Integration, and Engineering and Development.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DEWY has been successfully added to your 