MIC:DZRDP's Return-on-Tangible-Equity is not ranked *
in the Hardware industry.
Industry Median: 5.27 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Donskoy Factory of Radiocomponents OJSC (MIC:DZRDP) 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.
Donskoy Factory of Radiocomponents OJSC Return-on-Tangible-Equity Related Terms
Donskoy Factory of Radiocomponents OJSC Return-on-Tangible-Equity Historical Data
* 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.
Donskoy Factory of Radiocomponents OJSC Return-on-Tangible-Equity Chart
Donskoy Factory of Radiocomponents OJSC Annual Data
MIC:DZRDP vs APH, TEL, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Donskoy Factory of Radiocomponents OJSC'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.
Donskoy Factory of Radiocomponents OJSC Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Donskoy Factory of Radiocomponents OJSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Donskoy Factory of Radiocomponents OJSC'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 (Sep. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 14.37% mean?
Donskoy Factory of Radiocomponents OJSC (MIC:DZRDP) has a Return-on-Tangible-Equity of 14.37% as of Sep. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Donskoy Factory of Radiocomponents OJSC and its competitors.
Is Donskoy Factory of Radiocomponents OJSC's Return-on-Tangible-Equity too high?
Donskoy Factory of Radiocomponents OJSC's current Return-on-Tangible-Equity is 14.37%. The Hardware industry median Return-on-Tangible-Equity is 5.27. Donskoy Factory of Radiocomponents OJSC's value of 14.37% is 172.7% above this industry median. Overall, Donskoy Factory of Radiocomponents OJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Donskoy Factory of Radiocomponents OJSC's Return-on-Tangible-Equity compare to APH and TEL?
Donskoy Factory of Radiocomponents OJSC's Return-on-Tangible-Equity of 14.37% can be compared against companies in the Hardware industry. The industry median Return-on-Tangible-Equity is 5.27. Donskoy Factory of Radiocomponents OJSC's value of 14.37% is 172.7% 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 a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.27, based on 2,377 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. Donskoy Factory of Radiocomponents OJSC's current Return-on-Tangible-Equity of 14.37% is 172.7% 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 Donskoy Factory of Radiocomponents OJSC and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Donskoy Factory of Radiocomponents OJSC's current Return-on-Tangible-Equity is 14.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Donskoy Factory of Radiocomponents OJSC stock overvalued right now?
Donskoy Factory of Radiocomponents OJSC (MIC:DZRDP) has a current Return-on-Tangible-Equity of 14.37%. The current Return-on-Tangible-Equity is 14.37% and 172.7% above the Hardware industry median of 5.27. Donskoy Factory of Radiocomponents OJSC's overall GF Score™ is 17/100. 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 Donskoy Factory of Radiocomponents OJSC (MIC:DZRDP), the current Return-on-Tangible-Equity is 14.37% as of Sep. 2023. 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.
Donskoy Factory of Radiocomponents OJSC Business Description
Donskoy Factory of Radiocomponents OJSC is engaged in the development and manufacture of ceramic parts from vacuum-dense alumina ceramics. The company produces ceramic, metal-ceramic and glass-ceramic cases, insulators, faucets, ceramic lock washers, among others.
17GF 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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