RAY (Raytech Holding) ROE %: 9.76% (As of Sep. 2025) — 74% Below Median


RAY Raytech Holding Ltd RAY
24 GF Score
Price $2.99
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What is Raytech Holding ROE %?

Raytech Holding RAY -2.92% 24 ROE % is 9.76% as of Sep. 2025, which is 74% below its 10-year median of 38.11. GuruFocus rates RAY with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 1,920 Consumer Packaged Goods companies, Raytech Holding ranks better than 60.36% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Raytech Holding's annualized net income for the quarter that ended in Sep. 2025 was $1.22 Mil. Raytech Holding's average Total Stockholders Equity over the quarter that ended in Sep. 2025 was $12.50 Mil. Therefore, Raytech Holding's annualized ROE % for the quarter that ended in Sep. 2025 was 9.76%.

The historical rank and industry rank for Raytech Holding's ROE % or its related term are showing as below:

RAY' s ROE % Range Over the Past 10 Years
Min: 9.37   Med: 38.11   Max: 86.37
Current: 9.37

During the past 5 years, Raytech Holding's highest ROE % was 86.37%. The lowest was 9.37%. And the median was 38.11%.

RAY's ROE % is ranked better than
60.36% of 1920 companies
in the Consumer Packaged Goods industry
Industry Median: 6.755 vs RAY: 9.37

Raytech Holding  (NAS:RAY) 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:

ROE %(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=1.22/12.5045
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.22 / 9.654)*(9.654 / 15.506)*(15.506 / 12.5045)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.64 %*0.6226*1.24
=ROA %*Equity Multiplier
=7.87 %*1.24
=9.76 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=1.22/12.5045
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.22 / 1.506) * (1.506 / 1.206) * (1.206 / 9.654) * (9.654 / 15.506) * (15.506 / 12.5045)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8101 * 1.2488 * 12.49 % * 0.6226 * 1.24
=9.76 %

Note: The net income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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.


Raytech Holding ROE % Related Terms


Raytech Holding ROE % Historical Data

* Premium members only.

The historical data trend for Raytech Holding'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.

Raytech Holding ROE % Chart

Raytech Holding Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
ROE %
80.71 86.37 34.94 38.11 15.34

Raytech Holding Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.79 24.03 17.84 9.63 9.76

RAY vs DQWS, PURE, TANH: ROE % Comparison

For the Household & Personal Products subindustry, Raytech Holding'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.


Raytech Holding ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Raytech Holding's ROE % distribution charts can be found below:

* The bar in red indicates where Raytech Holding's ROE % falls into.


RAY
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Raytech Holding Ltd RAY
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Raytech Holding ROE % Calculation

Raytech Holding's annualized ROE % for the fiscal year that ended in Mar. 2025 is calculated as

ROE %=Net Income (A: Mar. 2025 )/( (Total Stockholders Equity (A: Mar. 2024 )+Total Stockholders Equity (A: Mar. 2025 ))/ count )
=1.064/( (3.972+9.901)/ 2 )
=1.064/6.9365
=15.34 %

Raytech Holding's annualized ROE % for the quarter that ended in Sep. 2025 is calculated as

ROE %=Net Income (Q: Sep. 2025 )/( (Total Stockholders Equity (Q: Mar. 2025 )+Total Stockholders Equity (Q: Sep. 2025 ))/ count )
=1.22/( (9.901+15.108)/ 2 )
=1.22/12.5045
=9.76 %

* 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 two times the semi-annual (Sep. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 9.76% mean?
Raytech Holding (RAY) has a ROE % of 9.76% as of Sep. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Raytech Holding and its competitors. This is 74% below median its historical median of 38.11. Over the past decade, Raytech Holding's ROE % has ranged from 9.37 to 86.37. According to the industry distribution chart, Raytech Holding ranks #761 out of 1920 companies in the Consumer Packaged Goods industry, placing it in the top 39.6%.
Is Raytech Holding's ROE % too high?
Raytech Holding's current ROE % of 9.76% is 74% below median its 10-year median of 38.11. Over the past 10 years, this metric has ranged from a low of 9.37 to a high of 86.37. The Consumer Packaged Goods industry median ROE % is 6.76. Raytech Holding's value of 9.76% is 44.5% above this industry median. Based on the distribution chart, Raytech Holding ranks #761 out of 1920 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Raytech Holding has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Raytech Holding's ROE % compare to DQWS and PURE?
According to the Consumer Packaged Goods industry distribution chart, Raytech Holding ranks #761 out of 1920 companies for ROE %. This puts Raytech Holding in the upper half of its industry. The industry median ROE % is 6.76. Raytech Holding's value of 9.76% is 44.5% above this benchmark. Historically, Raytech Holding's own ROE % has ranged from 9.37 to 86.37 over the past decade. While the company's 10-year median is 38.11 vs. the industry median of 6.76, Raytech Holding 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 ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.76, based on 1,920 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. Raytech Holding's current ROE % of 9.76% is 44.5% 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 Raytech Holding and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raytech Holding's current ROE % is 9.76%, which is 74% below median its own 10-year median of 38.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raytech Holding stock overvalued right now?
Raytech Holding (RAY) has a current ROE % of 9.76%. The current ROE % is 9.76%, which is 74% below median its 10-year median of 38.11 and 44.5% above the Consumer Packaged Goods industry median of 6.76. Raytech Holding's overall GF Score™ is 24/100 with 1 warning sign 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 Raytech Holding (RAY), the current ROE % is 9.76% as of Sep. 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.

Raytech Holding Business Description

Address No.19 Lam Lok Street, Unit 609, 6th Floor, Nan Fung Commercial Centre, Kowloon Bay, Hong Kong, HKG
Raytech Holding Ltd is principally engaged in product designing and manufacturing of various product ranges such as Hair Care, Men's Care and Women's Care products. It has sourced and wholesaled a wide range of personal care electrical appliances, which can be broadly classified into seven categories: hair styling series, including hair dryer, hair straightener and curling iron; trimmer series, including facial shaver, nose trimmer and eyebrow trimmer; eyelash curler; neck care series; nail care series; tooling and other personal care appliances such as body and facial brush, reset brush, callus remover, sonic peeling, handy fan and others. Raytech manufactures products under OEM and ODM.
24GF Score

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