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Afcon HoldingsXTAE:AFHL +1.48%48 Return-on-Tangible-Equity is 18.46% as of Mar. 2026, which is 25% above its 10-year median of 14.77. GuruFocus rates XTAE:AFHL with a GF Score™ of 48/100 and a GF Value™ of ₪86.96 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,382 Hardware companies, Afcon Holdings ranks better than 85.26% 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. Afcon Holdings's annualized net income for the quarter that ended in Mar. 2026 was ₪92 Mil. Afcon Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₪497 Mil. Therefore, Afcon Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 18.46%.
The historical rank and industry rank for Afcon Holdings's Return-on-Tangible-Equity or its related term are showing as below:
XTAE:AFHL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.88 Med: 14.77 Max: 30.47
Current: 19.89
During the past 13 years, Afcon Holdings's highest Return-on-Tangible-Equity was 30.47%. The lowest was -14.88%. And the median was 14.77%.
XTAE:AFHL's Return-on-Tangible-Equity is ranked better than 85.26% of 2382
companies
in the Hardware industry
Industry Median: 5.43
vs XTAE:AFHL: 19.89
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.
Afcon Holdings Return-on-Tangible-Equity Related Terms
Afcon Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Afcon Holdings'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.
XTAE:AFHL vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Afcon Holdings'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.
Afcon Holdings Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Afcon Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Afcon Holdings'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 (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 18.46% mean?
Afcon Holdings (XTAE:AFHL) has a Return-on-Tangible-Equity of 18.46% 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 Afcon Holdings and its competitors. This is 25% above median its historical median of 14.77. According to the industry distribution chart, Afcon Holdings ranks #351 out of 2382 companies in the Hardware industry, placing it in the top 14.7%.
Is Afcon Holdings' Return-on-Tangible-Equity too high?
Afcon Holdings' current Return-on-Tangible-Equity of 18.46% is 25% above median its 10-year median of 14.77. The Hardware industry median Return-on-Tangible-Equity is 5.43. Afcon Holdings' value of 18.46% is 240% above this industry median. Based on the distribution chart, Afcon Holdings ranks #351 out of 2382 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Afcon Holdings has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Afcon Holdings' Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Afcon Holdings ranks #351 out of 2382 companies for Return-on-Tangible-Equity. This places Afcon Holdings in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.43. Afcon Holdings' value of 18.46% is 240% above this benchmark. While the company's 10-year median is 14.77 vs. the industry median of 5.43, Afcon Holdings 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 5.43, 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. Afcon Holdings's current Return-on-Tangible-Equity of 18.46% is 240% 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 Afcon Holdings and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afcon Holdings's current Return-on-Tangible-Equity is 18.46%, which is 25% above median its own 10-year median of 14.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afcon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Afcon Holdings (XTAE:AFHL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪86.96, compared to a current price of ₪550.00 — trading 532.5% above its estimated fair value. The current Return-on-Tangible-Equity is 18.46%, which is 25% above median its 10-year median of 14.77 and 240% above the Hardware industry median of 5.43. Afcon Holdings' overall GF Score™ is 48/100 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 Afcon Holdings (XTAE:AFHL), the current Return-on-Tangible-Equity is 18.46% 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 Afcon Holdings (XTAE:AFHL) Overvalued in 2026?
Based on GuruFocus' analysis, Afcon Holdings stock appears to be overvalued.
The current stock price of ₪550.00 is trading 532.5% above its estimated GF Value™ of ₪86.96.
GuruFocus considers Afcon Holdings to be Significantly Overvalued.
Key valuation signals for XTAE:AFHL:
Return-on-Tangible-Equity: 18.46% (25% above median its 10-year median of 14.77)
GF Value™: ₪86.96 vs. price of ₪550.00 (532.5% above fair value)
Industry Position: 240% above the Hardware median (#351 of 2382)
No single metric tells the full story. See the XTAE:AFHL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afcon Holdings Ltd manufactures electronic components. It provide solutions such as construction contracting and finishing works, installation of electro-mechanical systems (electricity, air conditioning, cooling and plumbing), installation of electrical systems for industry, manufacture and installation of electrical infrastructure products for high voltage, medium / high voltage and low voltage for buildings, Gas engineering, and construction and execution of wind farms, photovoltaic fields and infrastructure facilities. It provides solutions to large-scale projects in the fields of infrastructure, electromechanical systems, control and automation and communications.
48GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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