ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hittco Tools's annualized net income for the quarter that ended in Mar. 2026 was ₹4.72 Mil. Hittco Tools's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹29.64 Mil. Therefore, Hittco Tools's annualized ROE % for the quarter that ended in Mar. 2026 was 15.91%.
The historical rank and industry rank for Hittco Tools's ROE % or its related term are showing as below:
BOM:531661'
s ROE % Range Over the Past 10 Years
Min: -33.92 Med: -5.67 Max: 32.94
Current: -22.02
During the past 13 years, Hittco Tools's highest ROE % was 32.94%. The lowest was -33.92%. And the median was -5.67%.
BOM:531661's ROE % is ranked worse than 91.94% of 3001
companies
in the Industrial Products industry
Industry Median: 5.85
vs BOM:531661: -22.02
Hittco Tools (BOM:531661) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
Hittco Tools ROE % Related Terms
Hittco Tools ROE % Historical Data
* Premium members only.
The historical data trend for Hittco Tools's ROE % 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.
For the Tools & Accessories subindustry, Hittco Tools's ROE %, along with its competitors' market caps and ROE % 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.
Hittco Tools ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hittco Tools's ROE % distribution charts can be found below:
* The bar in red indicates where Hittco Tools's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
Hittco Tools (BOM:531661) has a ROE % of 15.91% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Hittco Tools and its competitors. According to the industry distribution chart, Hittco Tools ranks #2759 out of 3001 companies in the Industrial Products industry, placing it in the top 91.9%.
Is Hittco Tools' ROE % too high?
Hittco Tools' current ROE % is 15.91%. The Industrial Products industry median ROE % is 5.85. Hittco Tools' value of 15.91% is 172% above this industry median. Based on the distribution chart, Hittco Tools ranks #2759 out of 3001 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hittco Tools has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hittco Tools' ROE % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Hittco Tools ranks #2759 out of 3001 companies for ROE %. This places Hittco Tools in the lower half of its industry. The industry median ROE % is 5.85. Hittco Tools' value of 15.91% is 172% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,001 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hittco Tools's current ROE % of 15.91% is 172% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Hittco Tools and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hittco Tools's current ROE % is 15.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hittco Tools stock overvalued right now?
Based on GuruFocus' analysis, Hittco Tools (BOM:531661) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹13.57, compared to a current price of ₹11.92 — trading 12.2% below its estimated fair value. The current ROE % is 15.91% and 172% above the Industrial Products industry median of 5.85. Hittco Tools' overall GF Score™ is 47/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Hittco Tools (BOM:531661), the current ROE % is 15.91% 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 Hittco Tools (BOM:531661) Overvalued in 2026?
Based on GuruFocus' analysis, Hittco Tools stock appears to be undervalued.
The current stock price of ₹11.92 is trading 12.2% below its estimated GF Value™ of ₹13.57.
GuruFocus considers Hittco Tools to be Modestly Undervalued.
Key valuation signals for BOM:531661:
ROE %: 15.91%
GF Value™: ₹13.57 vs. price of ₹11.92 (12.2% below fair value)
Industry Position: 172% above the Industrial Products median (#2759 of 3001)
No single metric tells the full story. See the BOM:531661 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hittco Tools Ltd manufactures high-performance Carbide and High-Speed Steel (HSS) tools for machining a variety of metals and acrylic. The company operates in the manufacturing and sale of machine tools, offering products such as High Performance Endmills, Endmills for Non-Ferrous Metals, HSS Jobber Drills, Die and Mould Endmills, General Purpose Endmills, and Carbide High Performance Drills. It has two manufacturing units located on the outskirts of Bangalore in Peenya Industrial Area.
47GF Score
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