VolexVLXGF -4.00%89 Return-on-Tangible-Equity is 40.47% as of Mar. 2026, which is 1% below its 10-year median of 40.90. GuruFocus rates VLXGF with a GF Score™ of 89/100 and a GF Value™ of $5.67 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,971 Industrial Products companies, Volex ranks better than 93.81% 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. Volex's annualized net income for the quarter that ended in Mar. 2026 was $75 Mil. Volex's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $184 Mil. Therefore, Volex's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 40.47%.
The historical rank and industry rank for Volex's Return-on-Tangible-Equity or its related term are showing as below:
VLXGF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.67 Med: 40.9 Max: 48.77
Current: 39.93
During the past 13 years, Volex's highest Return-on-Tangible-Equity was 48.77%. The lowest was -16.67%. And the median was 40.90%.
VLXGF's Return-on-Tangible-Equity is ranked better than 93.81% of 2971
companies
in the Industrial Products industry
Industry Median: 6.72
vs VLXGF: 39.93
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.
Volex Return-on-Tangible-Equity Related Terms
Volex Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Volex'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.
VLXGF vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Volex'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.
Volex Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Volex's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Volex'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 (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 40.47% mean?
Volex (VLXGF) has a Return-on-Tangible-Equity of 40.47% 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 Volex and its competitors. This is near median its historical median of 40.90. According to the industry distribution chart, Volex ranks #184 out of 2971 companies in the Industrial Products industry, placing it in the top 6.2%.
Is Volex's Return-on-Tangible-Equity too high?
Volex's current Return-on-Tangible-Equity of 40.47% is near median its 10-year median of 40.90. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Volex's value of 40.47% is 502.2% above this industry median. Based on the distribution chart, Volex ranks #184 out of 2971 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Volex has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Volex's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Volex ranks #184 out of 2971 companies for Return-on-Tangible-Equity. This places Volex in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. Volex's value of 40.47% is 502.2% above this benchmark. While the company's 10-year median is 40.90 vs. the industry median of 6.72, Volex 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,971 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. Volex's current Return-on-Tangible-Equity of 40.47% is 502.2% 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 Volex and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Volex's current Return-on-Tangible-Equity is 40.47%, which is near median its own 10-year median of 40.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volex stock overvalued right now?
Based on GuruFocus' analysis, Volex (VLXGF) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.67, compared to a current price of $7.20 — trading 27% above its estimated fair value. The current Return-on-Tangible-Equity is 40.47%, which is near median its 10-year median of 40.90 and 502.2% above the Industrial Products industry median of 6.72. Volex's overall GF Score™ is 89/100 with 2 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 Volex (VLXGF), the current Return-on-Tangible-Equity is 40.47% 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.
Is Volex (VLXGF) Overvalued in 2026?
Based on GuruFocus' analysis, Volex stock appears to be overvalued.
The current stock price of $7.20 is trading 27% above its estimated GF Value™ of $5.67.
GuruFocus considers Volex to be Modestly Overvalued.
Key valuation signals for VLXGF:
Return-on-Tangible-Equity: 40.47% (near median its 10-year median of 40.90)
GF Value™: $5.67 vs. price of $7.20 (27% above fair value)
Industry Position: 502.2% above the Industrial Products median (#184 of 2971)
No single metric tells the full story. See the VLXGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Volex PLC is a manufacturer and supplier of power and data cables. The company's product offerings include power cords, plugs, connectors, consumer cable harnesses, and data center power cables among others. It is also engaged in providing electric vehicle charging solutions, and integrated manufacturing services serving various industries such as consumer electronics, medical equipment, data centers, telecommunications, industrial robotics, and the automotive industry. The company's geographical segments are North America which generates maximum revenue, Asia, and Europe.
89GF Score
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