OmniTek EngineeringOMTK Return-on-Tangible-Equity is 0.00% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 1,282 Vehicles & Parts companies, OmniTek Engineering ranks better than 99.92% 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. OmniTek Engineering's annualized net income for the quarter that ended in Mar. 2026 was $-0.28 Mil. OmniTek Engineering's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-1.10 Mil. Therefore, OmniTek Engineering's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was N/A%.
The historical rank and industry rank for OmniTek Engineering's Return-on-Tangible-Equity or its related term are showing as below:
OMTK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -163.64 Med: -117.86 Max: -58.7
Current: Negative Tangible Equity
During the past 13 years, OmniTek Engineering's highest Return-on-Tangible-Equity was -58.70%. The lowest was -163.64%. And the median was -117.86%.
OMTK's Return-on-Tangible-Equity is ranked better than 99.92% of 1282
companies
in the Vehicles & Parts industry
Industry Median: 7.5
vs OMTK: Negative Tangible Equity
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.
OmniTek Engineering Return-on-Tangible-Equity Related Terms
OmniTek Engineering Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for OmniTek Engineering'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.
OMTK vs BINI, MCOM, EICCF: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, OmniTek Engineering'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.
OmniTek Engineering Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, OmniTek Engineering's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where OmniTek Engineering'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. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
OmniTek Engineering (OMTK) has a Return-on-Tangible-Equity of 0.00% 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 OmniTek Engineering and its competitors. According to the industry distribution chart, OmniTek Engineering ranks #1 out of 1282 companies in the Vehicles & Parts industry, placing it in the top 0.099999999999994%.
Is OmniTek Engineering's Return-on-Tangible-Equity too high?
OmniTek Engineering's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, OmniTek Engineering ranks #1 out of 1282 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers.
How does OmniTek Engineering's Return-on-Tangible-Equity compare to BINI and MCOM?
According to the Vehicles & Parts industry distribution chart, OmniTek Engineering ranks #1 out of 1282 companies for Return-on-Tangible-Equity. This places OmniTek Engineering in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.50. 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.50, based on 1,282 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. 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 OmniTek Engineering and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OmniTek Engineering's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OmniTek Engineering stock overvalued right now?
Based on GuruFocus' analysis, OmniTek Engineering (OMTK) is currently considered Possible Value Trap. The stock's GF Value™ is $0.02, compared to a current price of $0.01 — trading 48.5% below its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. 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 OmniTek Engineering (OMTK), the current Return-on-Tangible-Equity is 0.00% 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.
OmniTek Engineering Corp is a developer or manufacturer of patented hotwires spark plug wires. It develops and sells proprietary diesel-to-natural gas engine conversion systems and complementary products, including new natural gas engines that utilize the company's technology. Omnitek products are available for stationary applications in the transportation industry, which includes light commercial vehicles, minibuses, heavy-duty trucks, municipal buses, as well as rail and marine applications. Omnitek's current product line includes: A kit for converting diesel engines to run on an alternative fuel; New complete natural gas engines; A high-pressure natural gas coalescing filter; and Natural gas engine components.
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