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Austin EngineeringASX:ANG 51 Return-on-Tangible-Equity is 3.13% as of Dec. 2025, which is 154% above its 10-year median of 1.23. GuruFocus rates ASX:ANG with a GF Score™ of 51/100 and a GF Value™ of A$0.40 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 199 Farm & Heavy Construction Machinery companies, Austin Engineering ranks better than 68.34% 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. Austin Engineering's annualized net income for the quarter that ended in Dec. 2025 was A$3.7 Mil. Austin Engineering's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$116.8 Mil. Therefore, Austin Engineering's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 3.13%.
The historical rank and industry rank for Austin Engineering's Return-on-Tangible-Equity or its related term are showing as below:
ASX:ANG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -95.89 Med: 1.23 Max: 27.1
Current: 15.31
During the past 13 years, Austin Engineering's highest Return-on-Tangible-Equity was 27.10%. The lowest was -95.89%. And the median was 1.23%.
ASX:ANG's Return-on-Tangible-Equity is ranked better than 68.34% of 199
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.26
vs ASX:ANG: 15.31
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.
Austin Engineering Return-on-Tangible-Equity Related Terms
Austin Engineering Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Austin Engineering'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.
ASX:ANG vs CAT, DE, PCAR: Return-on-Tangible-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, Austin Engineering'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.
Austin Engineering Return-on-Tangible-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Austin Engineering's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Austin Engineering'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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 3.13% mean?
Austin Engineering (ASX:ANG) has a Return-on-Tangible-Equity of 3.13% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Austin Engineering and its competitors. This is 154% above median its historical median of 1.23. According to the industry distribution chart, Austin Engineering ranks #63 out of 199 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 31.7%.
Is Austin Engineering's Return-on-Tangible-Equity too high?
Austin Engineering's current Return-on-Tangible-Equity of 3.13% is 154% above median its 10-year median of 1.23. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Equity is 9.26. Austin Engineering's value of 3.13% is 66.2% below this industry median. Based on the distribution chart, Austin Engineering ranks #63 out of 199 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Austin Engineering has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Austin Engineering's Return-on-Tangible-Equity compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Austin Engineering ranks #63 out of 199 companies for Return-on-Tangible-Equity. This puts Austin Engineering in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.26. Austin Engineering's value of 3.13% is 66.2% below this benchmark. While the company's 10-year median is 1.23 vs. the industry median of 9.26, Austin Engineering has consistently been below 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 Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Equity among Farm & Heavy Construction Machinery companies is 9.26, based on 199 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. Austin Engineering's current Return-on-Tangible-Equity of 3.13% is 66.2% below 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 Austin Engineering and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Equity is 9.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Austin Engineering's current Return-on-Tangible-Equity is 3.13%, which is 154% above median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Austin Engineering stock overvalued right now?
Based on GuruFocus' analysis, Austin Engineering (ASX:ANG) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.40, compared to a current price of A$0.16 — trading 61.3% below its estimated fair value. The current Return-on-Tangible-Equity is 3.13%, which is 154% above median its 10-year median of 1.23 and 66.2% below the Farm & Heavy Construction Machinery industry median of 9.26. Austin Engineering's overall GF Score™ is 51/100 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 Austin Engineering (ASX:ANG), the current Return-on-Tangible-Equity is 3.13% 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 Austin Engineering (ASX:ANG) Overvalued in 2026?
Based on GuruFocus' analysis, Austin Engineering stock appears to be undervalued.
The current stock price of A$0.16 is trading 61.3% below its estimated GF Value™ of A$0.40.
GuruFocus considers Austin Engineering to be Significantly Undervalued.
Key valuation signals for ASX:ANG:
Return-on-Tangible-Equity: 3.13% (154% above median its 10-year median of 1.23)
GF Value™: A$0.40 vs. price of A$0.16 (61.3% below fair value)
Industry Position: 66.2% below the Farm & Heavy Construction Machinery median (#63 of 199)
No single metric tells the full story. See the ASX:ANG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Austin Engineering Ltd is an Australian-based engineering company. It designs and manufactures customized off-highway truck bodies, buckets, water tanks, tyre handlers, and other ancillary products. It is a comprehensive service provider throughout the product's life cycle, offering both on-site and off-site repair and maintenance. Its geographical segments include Asia-Pacific, North America, and South America. The company generates maximum revenue from the Asia-Pacific segment, which is engaged in mining equipment, other products, and repair and maintenance services located in Australia and Indonesia.
51GF Score
Get the complete analysis for ASX:ANG
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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