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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. Tel Instrument Electronics's annualized net income for the quarter that ended in Dec. 2024 was $-1.82 Mil. Tel Instrument Electronics's average shareholder tangible equity for the quarter that ended in Dec. 2024 was $5.86 Mil. Therefore, Tel Instrument Electronics's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -31.11%.
The historical rank and industry rank for Tel Instrument Electronics's Return-on-Tangible-Equity or its related term are showing as below:
TIKK's Return-on-Tangible-Equity is not ranked *
in the Aerospace & Defense industry.
Industry Median: 8.1 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Tel Instrument Electronics (OTCPK:TIKK) 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.
Tel Instrument Electronics Return-on-Tangible-Equity Related Terms
Tel Instrument Electronics Return-on-Tangible-Equity Historical Data
* 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.
Tel Instrument Electronics Return-on-Tangible-Equity Chart
TIKK vs BLIS, HWKE, XERI: Return-on-Tangible-Equity Comparison
For the Aerospace & Defense subindustry, Tel Instrument Electronics'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.
Tel Instrument Electronics Return-on-Tangible-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Tel Instrument Electronics's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tel Instrument Electronics'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 (Dec. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -31.11% mean?
Tel Instrument Electronics (TIKK) has a Return-on-Tangible-Equity of -31.11% as of Dec. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tel Instrument Electronics and its competitors.
Is Tel Instrument Electronics' Return-on-Tangible-Equity too high?
Tel Instrument Electronics' current Return-on-Tangible-Equity is -31.11%. Overall, Tel Instrument Electronics has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Tel Instrument Electronics' Return-on-Tangible-Equity compare to BLIS and HWKE?
Tel Instrument Electronics' Return-on-Tangible-Equity of -31.11% can be compared against companies in the Aerospace & Defense industry. The industry median Return-on-Tangible-Equity is 8.10. 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 Aerospace & Defense company?
The median Return-on-Tangible-Equity among Aerospace & Defense companies is 8.10, based on 335 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 Tel Instrument Electronics and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Equity is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tel Instrument Electronics's current Return-on-Tangible-Equity is -31.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tel Instrument Electronics stock overvalued right now?
Tel Instrument Electronics (TIKK) has a current Return-on-Tangible-Equity of -31.11%. The current Return-on-Tangible-Equity is -31.11%. Tel Instrument Electronics' overall GF Score™ is 65/100. 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 Tel Instrument Electronics (TIKK), the current Return-on-Tangible-Equity is -31.11% as of Dec. 2024. 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.
Tel Instrument Electronics Corp is a designer and manufacturer of avionics test and measurement solutions for commercial air transport, general aviation, and government, military aerospace, and defense markets. It designs, manufactures, and sells instruments to test and measure, and calibrates and repairs airborne navigation and communication equipment. The company's reportable segments are Avionics government and Avionics commercial. The Avionics government segment, which derives key revenue, consists of the design, manufacture, and sale of test equipment to the U.S. and foreign governments and militaries. Geographically, the company generates a majority of its revenue from the United States and the rest from international markets.
65GF Score
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