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Hvax TechnologiesNSE:HVAX 18 Return-on-Tangible-Equity is 21.48% as of Mar. 2025, which is 40% below its 10-year median of 35.74. GuruFocus rates NSE:HVAX with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 156 Industrial Distribution companies, Hvax Technologies ranks better than 73.72% 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. Hvax Technologies's annualized net income for the quarter that ended in Mar. 2025 was ₹110 Mil. Hvax Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹514 Mil. Therefore, Hvax Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 21.48%.
The historical rank and industry rank for Hvax Technologies's Return-on-Tangible-Equity or its related term are showing as below:
NSE:HVAX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 21.48 Med: 35.74 Max: 47.65
Current: 21.48
During the past 5 years, Hvax Technologies's highest Return-on-Tangible-Equity was 47.65%. The lowest was 21.48%. And the median was 35.74%.
NSE:HVAX's Return-on-Tangible-Equity is ranked better than 73.72% of 156
companies
in the Industrial Distribution industry
Industry Median: 8.915
vs NSE:HVAX: 21.48
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.
Hvax Technologies Return-on-Tangible-Equity Related Terms
Hvax Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hvax Technologies'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.
Hvax Technologies Return-on-Tangible-Equity Chart
Hvax Technologies Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Equity
47.65
42.31
35.74
35.41
21.48
Hvax Technologies Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Equity
47.65
42.31
35.74
35.41
21.48
NSE:HVAX vs GWW, FAST, FERG: Return-on-Tangible-Equity Comparison
For the Industrial Distribution subindustry, Hvax Technologies'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.
Hvax Technologies Return-on-Tangible-Equity vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Hvax Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hvax Technologies'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 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 21.48% mean?
Hvax Technologies (NSE:HVAX) has a Return-on-Tangible-Equity of 21.48% 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 Hvax Technologies and its competitors. This is 40% below median its historical median of 35.74. Over the past decade, Hvax Technologies' Return-on-Tangible-Equity has ranged from 21.48 to 47.65. According to the industry distribution chart, Hvax Technologies ranks #41 out of 156 companies in the Industrial Distribution industry, placing it in the top 26.3%.
Is Hvax Technologies' Return-on-Tangible-Equity too high?
Hvax Technologies' current Return-on-Tangible-Equity of 21.48% is 40% below median its 10-year median of 35.74. Over the past 10 years, this metric has ranged from a low of 21.48 to a high of 47.65. The Industrial Distribution industry median Return-on-Tangible-Equity is 8.92. Hvax Technologies' value of 21.48% is 140.9% above this industry median. Based on the distribution chart, Hvax Technologies ranks #41 out of 156 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Hvax Technologies has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Hvax Technologies' Return-on-Tangible-Equity compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hvax Technologies ranks #41 out of 156 companies for Return-on-Tangible-Equity. This puts Hvax Technologies in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.92. Hvax Technologies' value of 21.48% is 140.9% above this benchmark. Historically, Hvax Technologies' own Return-on-Tangible-Equity has ranged from 21.48 to 47.65 over the past decade. While the company's 10-year median is 35.74 vs. the industry median of 8.92, Hvax Technologies 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 an Industrial Distribution company?
The median Return-on-Tangible-Equity among Industrial Distribution companies is 8.92, based on 156 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. Hvax Technologies's current Return-on-Tangible-Equity of 21.48% is 140.9% 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 Hvax Technologies and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Equity is 8.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hvax Technologies's current Return-on-Tangible-Equity is 21.48%, which is 40% below median its own 10-year median of 35.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hvax Technologies stock overvalued right now?
Hvax Technologies (NSE:HVAX) has a current Return-on-Tangible-Equity of 21.48%. The current Return-on-Tangible-Equity is 21.48%, which is 40% below median its 10-year median of 35.74 and 140.9% above the Industrial Distribution industry median of 8.92. Hvax Technologies' overall GF Score™ is 18/100 with 3 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 Hvax Technologies (NSE:HVAX), the current Return-on-Tangible-Equity is 21.48% 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.
Hvax Technologies Ltd is engaged in the business of turnkey projects on engineering, procurement, and execution of controlled environment infrastructure and cleanrooms; design, engineering, and consultancy services for pharma and healthcare companies. As a part of turnkey projects, the company supplies the following third-party manufactured products: Cleanroom wall panels, Cleanroom ceiling panels, Covings, riser panels, cleanroom doors, flooring systems, pass boxes, air showers, LT/HT electrical panels, pre-fabricated galvanized iron (GI) ducts, air handling units, chillers, Building Management Systems (BMS) Equipment, and Utility generation and distribution equipment.
18GF Score
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