SGX:MZH's ROE % is ranked worse than 57.31% of 2422
companies
in the Hardware industry
Industry Median: 4.66
vs SGX:MZH: 2.96
Nanofilm Technologies International (SGX:MZH) 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 two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.
Nanofilm Technologies International ROE % Related Terms
Nanofilm Technologies International ROE % 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.
For the Electronic Components subindustry, Nanofilm Technologies International'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.
Nanofilm Technologies International ROE % vs Hardware Industry
* 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 (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Nanofilm Technologies International (SGX:MZH) has a ROE % of 5.04% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nanofilm Technologies International and its competitors. This is 65% below median its historical median of 14.46. Over the past decade, Nanofilm Technologies International's ROE % has ranged from 0.79 to 32.73. According to the industry distribution chart, Nanofilm Technologies International ranks #1388 out of 2422 companies in the Hardware industry, placing it in the top 57.3%.
Is Nanofilm Technologies International's ROE % too high?
Nanofilm Technologies International's current ROE % of 5.04% is 65% below median its 10-year median of 14.46. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 32.73. The Hardware industry median ROE % is 4.66. Nanofilm Technologies International's value of 5.04% is 8.2% above this industry median. Based on the distribution chart, Nanofilm Technologies International ranks #1388 out of 2422 companies in the Hardware industry, which is below the industry midpoint. Overall, Nanofilm Technologies International has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nanofilm Technologies International's ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Nanofilm Technologies International ranks #1388 out of 2422 companies for ROE %. This places Nanofilm Technologies International in the lower half of its industry. The industry median ROE % is 4.66. Nanofilm Technologies International's value of 5.04% is 8.2% above this benchmark. Historically, Nanofilm Technologies International's own ROE % has ranged from 0.79 to 32.73 over the past decade. While the company's 10-year median is 14.46 vs. the industry median of 4.66, Nanofilm Technologies International 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 Hardware company?
The median ROE % among Hardware companies is 4.66, based on 2,422 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. Nanofilm Technologies International's current ROE % of 5.04% is 8.2% 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 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 Nanofilm Technologies International and its competitors. For the Hardware industry, the median ROE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanofilm Technologies International's current ROE % is 5.04%, which is 65% below median its own 10-year median of 14.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanofilm Technologies International stock overvalued right now?
Based on GuruFocus' analysis, Nanofilm Technologies International (SGX:MZH) is currently considered Fairly Valued. The stock's GF Value™ is S$1.10, compared to a current price of S$1.20 — trading 9.1% above its estimated fair value. The current ROE % is 5.04%, which is 65% below median its 10-year median of 14.46 and 8.2% above the Hardware industry median of 4.66. Nanofilm Technologies International's overall GF Score™ is 88/100 with 5 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 Nanofilm Technologies International (SGX:MZH), the current ROE % is 5.04% as of Dec. 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.
Is Nanofilm Technologies International (SGX:MZH) Overvalued in 2026?
Based on GuruFocus' analysis, Nanofilm Technologies International stock appears to be overvalued.
The current stock price of S$1.20 is trading 9.1% above its estimated GF Value™ of S$1.10.
GuruFocus considers Nanofilm Technologies International to be Fairly Valued.
Key valuation signals for SGX:MZH:
ROE %: 5.04% (65% below median its 10-year median of 14.46)
GF Value™: S$1.10 vs. price of S$1.20 (9.1% above fair value)
Industry Position: 8.2% above the Hardware median (#1388 of 2422)
No single metric tells the full story. See the SGX:MZH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanofilm Technologies International Business Description
Nanofilm Technologies International Ltd is a provider of nanotechnology solutions in Asia. Its solutions serve as key catalysts enabling customers to achieve advancements in their end-products in an environmentally sustainable manner. The company operates in four segments: advanced materials BU, Nanofabrication BU, Sydrogen BU, and Industrial equipment BU. The majority of its revenue comes from the advanced materials BU segment, which provides advanced materials through surface solution services based on its vacuum coating technologies and processes. Geographically, the company generates revenue from Singapore, Japan, Vietnam, and China being the majority revenue generator.
88GF Score
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