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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. Broadway Industrial Group's annualized net income for the quarter that ended in Jun. 2025 was S$8.0 Mil. Broadway Industrial Group's average shareholder tangible equity for the quarter that ended in Jun. 2025 was S$98.2 Mil. Therefore, Broadway Industrial Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2025 was 8.13%.
The historical rank and industry rank for Broadway Industrial Group's Return-on-Tangible-Equity or its related term are showing as below:
SGX:B69'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -51.93 Med: 2.86 Max: 21.07
Current: 7.57
During the past 13 years, Broadway Industrial Group's highest Return-on-Tangible-Equity was 21.07%. The lowest was -51.93%. And the median was 2.86%.
SGX:B69's Return-on-Tangible-Equity is not ranked
in the Hardware industry.
Industry Median: 5.37
vs SGX:B69: 7.57
Broadway Industrial Group (SGX:B69) 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.
Broadway Industrial Group Return-on-Tangible-Equity Related Terms
Broadway Industrial Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Broadway Industrial Group'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.
Broadway Industrial Group Return-on-Tangible-Equity Chart
SGX:B69 vs ANET, DELL, SMCI: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, Broadway Industrial Group'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.
Broadway Industrial Group Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Broadway Industrial Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Broadway Industrial Group'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. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 8.13% mean?
Broadway Industrial Group (SGX:B69) has a Return-on-Tangible-Equity of 8.13% as of Jun. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Broadway Industrial Group and its competitors. This is 184% above median its historical median of 2.86.
Is Broadway Industrial Group's Return-on-Tangible-Equity too high?
Broadway Industrial Group's current Return-on-Tangible-Equity of 8.13% is 184% above median its 10-year median of 2.86. The Hardware industry median Return-on-Tangible-Equity is 5.37. Broadway Industrial Group's value of 8.13% is 51.4% above this industry median. Overall, Broadway Industrial Group has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Broadway Industrial Group's Return-on-Tangible-Equity compare to ANET and DELL?
Broadway Industrial Group's Return-on-Tangible-Equity of 8.13% can be compared against companies in the Hardware industry. The industry median Return-on-Tangible-Equity is 5.37. Broadway Industrial Group's value of 8.13% is 51.4% above this benchmark. While the company's 10-year median is 2.86 vs. the industry median of 5.37, Broadway Industrial Group 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 5.37, based on 2,382 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. Broadway Industrial Group's current Return-on-Tangible-Equity of 8.13% is 51.4% 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 Broadway Industrial Group and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Broadway Industrial Group's current Return-on-Tangible-Equity is 8.13%, which is 184% above median its own 10-year median of 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Broadway Industrial Group stock overvalued right now?
Broadway Industrial Group (SGX:B69) has a current Return-on-Tangible-Equity of 8.13%. The stock's GF Value™ is S$0.07, compared to a current price of S$0.19 — trading 177.1% above its estimated fair value. The current Return-on-Tangible-Equity is 8.13%, which is 184% above median its 10-year median of 2.86 and 51.4% above the Hardware industry median of 5.37. Broadway Industrial Group's overall GF Score™ is 43/100 with 5 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 Broadway Industrial Group (SGX:B69), the current Return-on-Tangible-Equity is 8.13% as of Jun. 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.
Is Broadway Industrial Group (SGX:B69) Overvalued in 2026?
Based on GuruFocus' analysis, Broadway Industrial Group stock appears to be overvalued.
The current stock price of S$0.19 is trading 177.1% above its estimated GF Value™ of S$0.07.
Key valuation signals for SGX:B69:
Return-on-Tangible-Equity: 8.13% (184% above median its 10-year median of 2.86)
GF Value™: S$0.07 vs. price of S$0.19 (177.1% above fair value)
Industry Position: 51.4% above the Hardware median
No single metric tells the full story. See the SGX:B69 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Broadway Industrial Group Ltd is a manufacturer of precision machined components. The company provides actuator arms, assemblies, and other related parts mainly for the hard disk drive (HDD) industry. Its operating segments are; the HDD segment which generates key revenue and consists of the manufacturing and distribution of actuator arms and related assembly for the hard disk industry; The PE segment comprises the manufacturing and distribution of precision diecasting and machining parts for telecommunications equipment, industrial applications, and automotive industries, and others segment comprises investment holding. Geographically, the company generates a majority of its revenue from Thailand followed by the People's Republic of China, Vietnam, south Korea, and other countries.
43GF Score
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