Raytech Holding Ltd (RAY) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Raytech Holding Ltd Do?
Leveraging our expertise in personal care electrical appliance industry, we aim to promote consumer lifestyles and drive the awareness of personal grooming. Through Pure Beauty, we principally engage in the sourcing and wholesaling of personal care electrical appliances for international brand owners. We also provide product design and development collaboration as a value-added service for our customers. Our customers are brand owners of personal care electrical appliances who market and sell their personal care electrical appliances products to end consumers. Commencing our operation in 2013, we have accumulated over 10 years of experience in the industry. Our Products Over years of operation, we have sourced and wholesaled a wide range of personal care electrical appliances, which can be broadly classified into seven major categories: (i) hair styling series, including hair dryer, hair straightener and curling iron; (ii) trimmer series, including facial shaver, nose trimmer and eyebrow trimmer; (iii) eyelash curler; (iv) neck care series; (v) nail care series; (vi) tooling and (vii) other personal care appliance series, including body and facial brush, reset brush, callus remover, sonic peeling, handy fan and others. In particular, we are specialized in sourcing and wholesaling hair dryers within our hair styling series which primarily include salon-type hair protection and styling functions or compact design for travel. --- Hair styling series: Our sale of hair styling series constituted 62% and 38% of our total revenue for the years ended March 31, 2023 and 2022, respectively. Approximately 44% and 66% of our sale of hair styling series for the years ended March 31, 2023 and 2022, respectively, was derived from the sale of hair dryers. Major features of the salon-styled hair dryers that we have designed include: Negative ion Help eliminate frizzy hair technology Scirocco fan Allows to thoroughly dry hair from the roots Removable filter Washable for easy daily cleaning and detachable for preventing dust and hair from blocking the blades Compact size and Handy for travel and home use lightweight Our sale of hair straightener represented 36% and 14% of our sale of hair styling series for the years ended March 31, 2023 and 2022, respectively. We have focused on designing hair straightener in compact size with quick USB charging for travel and home use. Trimmer series: Designed with compact size and equipped with 2-way head of face shaver and nose hair trimmer on each side, washable components, the 2-in-1 face shaver and nose trimmer sets are more popular than the face shaver and nose trimmer as two separate products. For the years ended March 31, 2023 and 2022, 19% and 22% of our revenue related to the sale of trimmer series. Approximately 32% and 69% of our trimmer series sold in both years ended March 31, 2023 and 2022 are 2-in-1 face shaver and nose trimmer sets. Eyelash curler series: Eyelash curler is designed with 2-way comb either to increase the eyelash volume or to enhance panoramic appearance. The professionally designed curved comb brush head fits the curve of upper and lower eyelashes to create natural curls. We generated approximately 3% and 4% of our revenue from this series for the year ended March 31, 2023 and 2022, respectively. Neck care series: Our neck care series primarily include neck cooler which was launched in summer 2021. Neck cooler is designed for outdoor activities in the summer to cool down body temperature and prevent heat stroke. It is silent, light-weight, and designed for comfort and easy carrying. It is also adjustable for various neck sizes and has different cooling speed modes. This product category experiences seasonality with higher sales during the summer time. Nail care series: Our nail care series is composed of electrical nail polisher. This series contributed 3% and 7%, respectively, to our total revenue for the years ended March 31, 2023 and 2022. Other personal care appliance series: Our other personal care appliance series comprises reset brush, callus remover, body and facial brush, sonic peeling, handy fan and others. We generated approximately 7% and 14% of our total revenue from this series for the years ended March 31, 2023 and 2022, respectively. Reset brush represented 55% and 41% of the sale of our other personal care appliance series for the years ended March 31, 2023 and 2022, respectively. Raytech Holding’s principal executive offices are located at Unit 609, 6/F, Nan Fung Commercial Centre, No.19 Lam Lok Street, Kowloon Bay, Hong Kong. Raytech Holding’s registered office in the British Virgin Islands is at Vistra Corporate Service Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands. Raytech Holding Ltd (RAY) is classified as a micro-cap stock in the Consumer Discretionary sector, specifically within the Consumer Goods industry. The company is led by CEO Tim Hoi Ching. With a market capitalization of $12M, RAY is one of the notable companies in the Consumer Discretionary sector.
Raytech Holding Ltd (RAY) Stock Rating — Hold (April 2026)
As of April 2026, Raytech Holding Ltd receives a Hold rating with a composite score of 49.5/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.RAY ranks #1,432 out of 4,446 stocks in our coverage universe. Within the Consumer Discretionary sector, Raytech Holding Ltd ranks #114 of 442 stocks, placing it in the upper half of its Consumer Discretionary peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
RAY Stock Price and 52-Week Range
Raytech Holding Ltd (RAY) currently trades at $3.64. The stock lost $0.22 (5.7%) in the most recent trading session. The 52-week high for RAY is $5.49, which means the stock is currently trading -33.7% from its annual peak. The 52-week low is $0.15, putting the stock 2297.9% above its annual trough. Recent trading volume was 2K shares, suggesting relatively thin trading activity.
Is RAY Overvalued or Undervalued? — Valuation Analysis
Raytech Holding Ltd (RAY) carries a value factor score of 77/100 in the Blank Capital model, suggesting the stock trades at a meaningful discount to its fundamental earning power. The trailing price-to-earnings ratio is 501.30x, compared to the Consumer Discretionary sector average of 24.47x — a premium of 1949%. The price-to-book ratio stands at 1.10x, versus the sector average of 1.99x. On an enterprise value basis, RAY trades at 0.00x EV/EBITDA, versus 4.91x for the sector.
Based on these multiples, Raytech Holding Ltd appears attractively valued relative to both its sector peers and the broader market. Value-oriented investors may find the current entry point compelling, particularly if the company's fundamental quality metrics also score well.
Raytech Holding Ltd Profitability — ROE, Margins, and Quality Score
Raytech Holding Ltd (RAY) earns a quality factor score of 34/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -49.6%, compared to the Consumer Discretionary sector average of 6.2%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -40.2% versus the sector average of 2.5%.
Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
RAY Debt, Balance Sheet, and Financial Health
Raytech Holding Ltd has a debt-to-equity ratio of 0.0%, compared to the Consumer Discretionary sector average of 89.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $0. Cash and equivalents stand at $11M.
RAY has a beta of 0.76, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for Raytech Holding Ltd is 22/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
Raytech Holding Ltd Revenue and Earnings History — Quarterly Trend
In TTM 2026, Raytech Holding Ltd reported revenue of $0 and earnings per share (EPS) of $0.01. Net income for the quarter was $-1M. Operating income came in at $983,142.
In FY 2025, Raytech Holding Ltd reported revenue of $0 and earnings per share (EPS) of $0.01. Net income for the quarter was $-1M. Operating income came in at $983,142.
In FY 2024, Raytech Holding Ltd reported revenue of $0 and earnings per share (EPS) of $0.08. Net income for the quarter was $-634,824. Operating income came in at $1M.
In FY 2023, Raytech Holding Ltd reported revenue of $0 and earnings per share (EPS) of $0.05. Net income for the quarter was $801,650. Operating income came in at $916,480.
Over the past 4 quarters, Raytech Holding Ltd has experienced revenue contraction from $0 to $0. Investors analyzing RAY stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
RAY Dividend Yield and Income Analysis
Raytech Holding Ltd (RAY) does not currently pay a dividend. This is common among smaller companies in the Consumer Goods industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Consumer Discretionary dividend stocks may want to explore other Consumer Discretionary stocks or use the stock screener to filter by dividend yield.
RAY Momentum and Technical Analysis Profile
Raytech Holding Ltd (RAY) has a momentum factor score of 76/100, indicating strong price momentum with the stock outperforming the majority of the market over recent periods. Stocks with high momentum scores have historically tended to continue their outperformance in the near term. The investment factor score is 28/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 36/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
RAY vs Competitors — Consumer Discretionary Sector Ranking and Peer Comparison
Within the Consumer Discretionary sector, Raytech Holding Ltd (RAY) ranks #114 out of 442 stocks based on the Blank Capital composite score. This places RAY in the upper half of all Consumer Discretionary stocks in our coverage universe. Key competitors and sector peers include MONARCH CASINO & RESORT INC (MCRI) with a score of 50.5/100, CASEYS GENERAL STORES INC (CASY) with a score of 57.3/100, INGLES MARKETS INC (IMKTA) with a score of 51.0/100, FIVE BELOW, INC (FIVE) with a score of 51.6/100, and TARGET CORP (TGT) with a score of 52.6/100.
Comparing RAY against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full RAY vs S&P 500 (SPY) comparison to assess how Raytech Holding Ltd stacks up against the broader market across all factor dimensions.
RAY Next Earnings Date
No upcoming earnings date has been announced for Raytech Holding Ltd (RAY) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy RAY? — Investment Thesis Summary
Raytech Holding Ltd presents a balanced picture with arguments on both sides. The quality score of 34/100 flags below-average profitability. The value score of 77/100 suggests attractive pricing relative to fundamentals. Price momentum is positive at 76/100, suggesting the trend favors buyers. High volatility (stability score 22/100) increases portfolio risk.
In summary, Raytech Holding Ltd (RAY) earns a Hold rating with a composite score of 49.5/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on RAY stock.
Related Resources for RAY Investors
Explore more research and tools: RAY vs S&P 500 comparison, top Consumer Discretionary stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare RAY head-to-head with peers: RAY vs MCRI, RAY vs CASY, RAY vs IMKTA.