RAY (Raytech Holding) Return-on-Tangible-Equity: 9.76% (As of Sep. 2025) — 74% Below Median


RAY Raytech Holding Ltd RAY
24 GF Score
Price $2.85
! 1 Warning Sign
View Full Analysis

What is Raytech Holding Return-on-Tangible-Equity?

Raytech Holding RAY -4.68% 24 Return-on-Tangible-Equity is 9.76% as of Sep. 2025, which is 74% below its 10-year median of 38.11. GuruFocus rates RAY with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 1,878 Consumer Packaged Goods companies, Raytech Holding ranks better than 55.06% 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. Raytech Holding's annualized net income for the quarter that ended in Sep. 2025 was $1.22 Mil. Raytech Holding's average shareholder tangible equity for the quarter that ended in Sep. 2025 was $12.50 Mil. Therefore, Raytech Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was 9.76%.

The historical rank and industry rank for Raytech Holding's Return-on-Tangible-Equity or its related term are showing as below:

RAY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.37   Med: 38.11   Max: 86.37
Current: 9.37

During the past 5 years, Raytech Holding's highest Return-on-Tangible-Equity was 86.37%. The lowest was 9.37%. And the median was 38.11%.

RAY's Return-on-Tangible-Equity is ranked better than
55.06% of 1878 companies
in the Consumer Packaged Goods industry
Industry Median: 7.78 vs RAY: 9.37

Raytech Holding  (NAS:RAY) 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.


Raytech Holding Return-on-Tangible-Equity Related Terms


Raytech Holding Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Raytech Holding'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.

Raytech Holding Return-on-Tangible-Equity Chart

Raytech Holding Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
80.71 86.37 34.94 38.11 15.34

Raytech Holding Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.79 24.03 17.84 9.63 9.76

RAY vs DQWS, PURE, TANH: Return-on-Tangible-Equity Comparison

For the Household & Personal Products subindustry, Raytech Holding'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.


Raytech Holding Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Raytech Holding's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Raytech Holding's Return-on-Tangible-Equity falls into.


RAY
24GF Score
Raytech Holding Ltd RAY
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raytech Holding Return-on-Tangible-Equity Calculation

Raytech Holding's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=1.064/( (3.972+9.901 )/ 2 )
=1.064/6.9365
=15.34 %

Raytech Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=1.22/( (9.901+15.108)/ 2 )
=1.22/12.5045
=9.76 %

* 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 (Sep. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 9.76% mean?
Raytech Holding (RAY) has a Return-on-Tangible-Equity of 9.76% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Raytech Holding and its competitors. This is 74% below median its historical median of 38.11. Over the past decade, Raytech Holding's Return-on-Tangible-Equity has ranged from 9.37 to 86.37. According to the industry distribution chart, Raytech Holding ranks #844 out of 1878 companies in the Consumer Packaged Goods industry, placing it in the top 44.9%.
Is Raytech Holding's Return-on-Tangible-Equity too high?
Raytech Holding's current Return-on-Tangible-Equity of 9.76% is 74% below median its 10-year median of 38.11. Over the past 10 years, this metric has ranged from a low of 9.37 to a high of 86.37. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.78. Raytech Holding's value of 9.76% is 25.4% above this industry median. Based on the distribution chart, Raytech Holding ranks #844 out of 1878 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Raytech Holding has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Raytech Holding's Return-on-Tangible-Equity compare to DQWS and PURE?
According to the Consumer Packaged Goods industry distribution chart, Raytech Holding ranks #844 out of 1878 companies for Return-on-Tangible-Equity. This puts Raytech Holding in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.78. Raytech Holding's value of 9.76% is 25.4% above this benchmark. Historically, Raytech Holding's own Return-on-Tangible-Equity has ranged from 9.37 to 86.37 over the past decade. While the company's 10-year median is 38.11 vs. the industry median of 7.78, Raytech Holding 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.78, based on 1,878 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. Raytech Holding's current Return-on-Tangible-Equity of 9.76% is 25.4% 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 Raytech Holding and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raytech Holding's current Return-on-Tangible-Equity is 9.76%, which is 74% below median its own 10-year median of 38.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raytech Holding stock overvalued right now?
Raytech Holding (RAY) has a current Return-on-Tangible-Equity of 9.76%. The current Return-on-Tangible-Equity is 9.76%, which is 74% below median its 10-year median of 38.11 and 25.4% above the Consumer Packaged Goods industry median of 7.78. Raytech Holding's overall GF Score™ is 24/100 with 1 warning sign 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 Raytech Holding (RAY), the current Return-on-Tangible-Equity is 9.76% as of Sep. 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.

Raytech Holding Business Description

Address No.19 Lam Lok Street, Unit 609, 6th Floor, Nan Fung Commercial Centre, Kowloon Bay, Hong Kong, HKG
Raytech Holding Ltd is principally engaged in product designing and manufacturing of various product ranges such as Hair Care, Men's Care and Women's Care products. It has sourced and wholesaled a wide range of personal care electrical appliances, which can be broadly classified into seven categories: hair styling series, including hair dryer, hair straightener and curling iron; trimmer series, including facial shaver, nose trimmer and eyebrow trimmer; eyelash curler; neck care series; nail care series; tooling and other personal care appliances such as body and facial brush, reset brush, callus remover, sonic peeling, handy fan and others. Raytech manufactures products under OEM and ODM.
24GF Score

Get the complete analysis for RAY

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.85
Price