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.
Holmarc Opto-MechatronicsNSE:HOLMARC 70 Return-on-Tangible-Equity is 26.32% as of Mar. 2026, which is 54% above its 10-year median of 17.04. GuruFocus rates NSE:HOLMARC with a GF Score™ of 70/100 and a GF Value™ of ₹144.33 (Modestly Undervalued). Among 2,384 Hardware companies, Holmarc Opto-Mechatronics ranks better than 77.18% 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. Holmarc Opto-Mechatronics's annualized net income for the quarter that ended in Mar. 2026 was ₹76.6 Mil. Holmarc Opto-Mechatronics's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹290.9 Mil. Therefore, Holmarc Opto-Mechatronics's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 26.32%.
The historical rank and industry rank for Holmarc Opto-Mechatronics's Return-on-Tangible-Equity or its related term are showing as below:
NSE:HOLMARC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10 Med: 17.04 Max: 35.92
Current: 14.36
During the past 6 years, Holmarc Opto-Mechatronics's highest Return-on-Tangible-Equity was 35.92%. The lowest was 10.00%. And the median was 17.04%.
NSE:HOLMARC's Return-on-Tangible-Equity is ranked better than 77.18% of 2384
companies
in the Hardware industry
Industry Median: 5.33
vs NSE:HOLMARC: 14.36
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.
Holmarc Opto-Mechatronics Return-on-Tangible-Equity Related Terms
Holmarc Opto-Mechatronics Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Holmarc Opto-Mechatronics'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.
NSE:HOLMARC vs COHR, KEYS, GRMN: Return-on-Tangible-Equity Comparison
For the Scientific & Technical Instruments subindustry, Holmarc Opto-Mechatronics'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.
Holmarc Opto-Mechatronics Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Holmarc Opto-Mechatronics's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Holmarc Opto-Mechatronics'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 two times the semi-annual (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 26.32% mean?
Holmarc Opto-Mechatronics (NSE:HOLMARC) has a Return-on-Tangible-Equity of 26.32% 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 Holmarc Opto-Mechatronics and its competitors. This is 54% above median its historical median of 17.04. Over the past decade, Holmarc Opto-Mechatronics' Return-on-Tangible-Equity has ranged from 10.00 to 35.92. According to the industry distribution chart, Holmarc Opto-Mechatronics ranks #544 out of 2384 companies in the Hardware industry, placing it in the top 22.8%.
Is Holmarc Opto-Mechatronics' Return-on-Tangible-Equity too high?
Holmarc Opto-Mechatronics' current Return-on-Tangible-Equity of 26.32% is 54% above median its 10-year median of 17.04. Over the past 10 years, this metric has ranged from a low of 10.00 to a high of 35.92. The Hardware industry median Return-on-Tangible-Equity is 5.33. Holmarc Opto-Mechatronics' value of 26.32% is 393.8% above this industry median. Based on the distribution chart, Holmarc Opto-Mechatronics ranks #544 out of 2384 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Holmarc Opto-Mechatronics has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Holmarc Opto-Mechatronics' Return-on-Tangible-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, Holmarc Opto-Mechatronics ranks #544 out of 2384 companies for Return-on-Tangible-Equity. This places Holmarc Opto-Mechatronics in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.33. Holmarc Opto-Mechatronics' value of 26.32% is 393.8% above this benchmark. Historically, Holmarc Opto-Mechatronics' own Return-on-Tangible-Equity has ranged from 10.00 to 35.92 over the past decade. While the company's 10-year median is 17.04 vs. the industry median of 5.33, Holmarc Opto-Mechatronics 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 5.33, based on 2,384 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. Holmarc Opto-Mechatronics's current Return-on-Tangible-Equity of 26.32% is 393.8% 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 Holmarc Opto-Mechatronics and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Holmarc Opto-Mechatronics's current Return-on-Tangible-Equity is 26.32%, which is 54% above median its own 10-year median of 17.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holmarc Opto-Mechatronics stock overvalued right now?
Based on GuruFocus' analysis, Holmarc Opto-Mechatronics (NSE:HOLMARC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹144.33, compared to a current price of ₹110.00 — trading 23.8% below its estimated fair value. The current Return-on-Tangible-Equity is 26.32%, which is 54% above median its 10-year median of 17.04 and 393.8% above the Hardware industry median of 5.33. Holmarc Opto-Mechatronics' overall GF Score™ is 70/100. 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 Holmarc Opto-Mechatronics (NSE:HOLMARC), the current Return-on-Tangible-Equity is 26.32% 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 Holmarc Opto-Mechatronics (NSE:HOLMARC) Overvalued in 2026?
Based on GuruFocus' analysis, Holmarc Opto-Mechatronics stock appears to be undervalued.
The current stock price of ₹110.00 is trading 23.8% below its estimated GF Value™ of ₹144.33.
GuruFocus considers Holmarc Opto-Mechatronics to be Modestly Undervalued.
Key valuation signals for NSE:HOLMARC:
Return-on-Tangible-Equity: 26.32% (54% above median its 10-year median of 17.04)
GF Value™: ₹144.33 vs. price of ₹110.00 (23.8% below fair value)
Industry Position: 393.8% above the Hardware median (#544 of 2384)
No single metric tells the full story. See the NSE:HOLMARC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Holmarc Opto-Mechatronics Ltd is engaged in manufacturing a variety of scientific and engineering instruments for research, industry, and education i.e. Imaging Instruments, Measuring Instruments, Spectroscopy, Analytical Instruments, Lab Instruments, Physics Lab Instruments, Breadboard/Table Tops, Opto-mechanics, Optics, Linear & Rotation Stages, Motorized Linear & Rotation Stages, Industrial Automation etc.
70GF Score
Get the complete analysis for NSE:HOLMARC
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
NSE:HOLMARC has been successfully added to your 
