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Aztech GlobalSGX:8AZ -1.64%50 Return-on-Tangible-Equity is 7.34% as of Jun. 2026, which is 78% below its 10-year median of 33.24. GuruFocus rates SGX:8AZ with a GF Score™ of 50/100 and a GF Value™ of S$0.41 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,383 Hardware companies, Aztech Global ranks better than 72.85% 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. Aztech Global's annualized net income for the quarter that ended in Jun. 2026 was S$18.7 Mil. Aztech Global's average shareholder tangible equity for the quarter that ended in Jun. 2026 was S$255.3 Mil. Therefore, Aztech Global's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 7.34%.
The historical rank and industry rank for Aztech Global's Return-on-Tangible-Equity or its related term are showing as below:
SGX:8AZ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.74 Med: 33.24 Max: 183.8
Current: 12.81
During the past 9 years, Aztech Global's highest Return-on-Tangible-Equity was 183.80%. The lowest was 12.74%. And the median was 33.24%.
SGX:8AZ's Return-on-Tangible-Equity is ranked better than 72.85% of 2383
companies
in the Hardware industry
Industry Median: 5.49
vs SGX:8AZ: 12.81
Aztech Global (SGX:8AZ) 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.
Aztech Global Return-on-Tangible-Equity Related Terms
Aztech Global Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Aztech Global'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.
SGX:8AZ vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Aztech Global'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.
Aztech Global Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Aztech Global's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aztech Global'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 7.34% mean?
Aztech Global (SGX:8AZ) has a Return-on-Tangible-Equity of 7.34% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aztech Global and its competitors. This is 78% below median its historical median of 33.24. Over the past decade, Aztech Global's Return-on-Tangible-Equity has ranged from 12.74 to 183.80. According to the industry distribution chart, Aztech Global ranks #647 out of 2383 companies in the Hardware industry, placing it in the top 27.2%.
Is Aztech Global's Return-on-Tangible-Equity too high?
Aztech Global's current Return-on-Tangible-Equity of 7.34% is 78% below median its 10-year median of 33.24. Over the past 10 years, this metric has ranged from a low of 12.74 to a high of 183.80. The Hardware industry median Return-on-Tangible-Equity is 5.49. Aztech Global's value of 7.34% is 33.7% above this industry median. Based on the distribution chart, Aztech Global ranks #647 out of 2383 companies in the Hardware industry, which is above the industry midpoint. Overall, Aztech Global has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aztech Global's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Aztech Global ranks #647 out of 2383 companies for Return-on-Tangible-Equity. This puts Aztech Global in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.49. Aztech Global's value of 7.34% is 33.7% above this benchmark. Historically, Aztech Global's own Return-on-Tangible-Equity has ranged from 12.74 to 183.80 over the past decade. While the company's 10-year median is 33.24 vs. the industry median of 5.49, Aztech Global 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 5.49, based on 2,383 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. Aztech Global's current Return-on-Tangible-Equity of 7.34% is 33.7% 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 Aztech Global and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aztech Global's current Return-on-Tangible-Equity is 7.34%, which is 78% below median its own 10-year median of 33.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aztech Global stock overvalued right now?
Based on GuruFocus' analysis, Aztech Global (SGX:8AZ) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.41, compared to a current price of S$0.60 — trading 46.3% above its estimated fair value. The current Return-on-Tangible-Equity is 7.34%, which is 78% below median its 10-year median of 33.24 and 33.7% above the Hardware industry median of 5.49. Aztech Global's overall GF Score™ is 50/100 with 6 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 Aztech Global (SGX:8AZ), the current Return-on-Tangible-Equity is 7.34% as of Jun. 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 Aztech Global (SGX:8AZ) Overvalued in 2026?
Based on GuruFocus' analysis, Aztech Global stock appears to be overvalued.
The current stock price of S$0.60 is trading 46.3% above its estimated GF Value™ of S$0.41.
GuruFocus considers Aztech Global to be Significantly Overvalued.
Key valuation signals for SGX:8AZ:
Return-on-Tangible-Equity: 7.34% (78% below median its 10-year median of 33.24)
GF Value™: S$0.41 vs. price of S$0.60 (46.3% above fair value)
Industry Position: 33.7% above the Hardware median (#647 of 2383)
No single metric tells the full story. See the SGX:8AZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aztech Global Ltd is an investment holding company. Its key products can be broadly categorized into the three modes such as IoT Devices and Data-communication products; LED lighting products; and Other electrical products. The Group has two reportable segments which include the manufacturing segment and the distribution and trading segment. The manufacturing segment manufactures and sells electronic products for its customers including related corporations. The distribution and trading segment, which generates maximum revenue, sells electronic products to its customers including related corporations. Geographically, the group generates the majority of its revenue from the North American region, while it also has its presence in Europe, Singapore and Others.
50GF Score
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