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WestStar IndustrialASX:WSI Return-on-Tangible-Equity is 26.57% as of Jun. 2026, which is 128% above its 10-year median of 11.66. The stock has 5 warning signs investors should review. Among 1,715 Construction companies, WestStar Industrial ranks better than 70.32% 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. WestStar Industrial's annualized net income for the quarter that ended in Jun. 2026 was A$6.6 Mil. WestStar Industrial's average shareholder tangible equity for the quarter that ended in Jun. 2026 was A$24.7 Mil. Therefore, WestStar Industrial's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 26.57%.
The historical rank and industry rank for WestStar Industrial's Return-on-Tangible-Equity or its related term are showing as below:
ASX:WSI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -22807.02 Med: 11.66 Max: 117.14
Current: 15.95
During the past 13 years, WestStar Industrial's highest Return-on-Tangible-Equity was 117.14%. The lowest was -22,807.02%. And the median was 11.66%.
ASX:WSI's Return-on-Tangible-Equity is ranked better than 70.32% of 1715
companies
in the Construction industry
Industry Median: 8.23
vs ASX:WSI: 15.95
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.
WestStar Industrial Return-on-Tangible-Equity Related Terms
WestStar Industrial Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for WestStar Industrial'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:WSI vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, WestStar Industrial'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.
WestStar Industrial Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, WestStar Industrial's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where WestStar Industrial'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 26.57% mean?
WestStar Industrial (ASX:WSI) has a Return-on-Tangible-Equity of 26.57% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on WestStar Industrial and its competitors. This is 128% above median its historical median of 11.66. According to the industry distribution chart, WestStar Industrial ranks #509 out of 1715 companies in the Construction industry, placing it in the top 29.7%.
Is WestStar Industrial's Return-on-Tangible-Equity too high?
WestStar Industrial's current Return-on-Tangible-Equity of 26.57% is 128% above median its 10-year median of 11.66. The Construction industry median Return-on-Tangible-Equity is 8.23. WestStar Industrial's value of 26.57% is 222.8% above this industry median. Based on the distribution chart, WestStar Industrial ranks #509 out of 1715 companies in the Construction industry, which is above the industry midpoint.
How does WestStar Industrial's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, WestStar Industrial ranks #509 out of 1715 companies for Return-on-Tangible-Equity. This puts WestStar Industrial in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.23. WestStar Industrial's value of 26.57% is 222.8% above this benchmark. While the company's 10-year median is 11.66 vs. the industry median of 8.23, WestStar Industrial 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 Return-on-Tangible-Equity for a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.23, based on 1,715 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. WestStar Industrial's current Return-on-Tangible-Equity of 26.57% is 222.8% 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 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 WestStar Industrial and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WestStar Industrial's current Return-on-Tangible-Equity is 26.57%, which is 128% above median its own 10-year median of 11.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WestStar Industrial stock overvalued right now?
Based on GuruFocus' analysis, WestStar Industrial (ASX:WSI) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.08, compared to a current price of A$0.07 — trading 18.8% below its estimated fair value. The current Return-on-Tangible-Equity is 26.57%, which is 128% above median its 10-year median of 11.66 and 222.8% above the Construction industry median of 8.23. 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 WestStar Industrial (ASX:WSI), the current Return-on-Tangible-Equity is 26.57% as of Jun. 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.
WestStar Industrial Ltd is an Australian company offering industrial project solutions in engineering, fabrication, construction, and maintenance across sectors such as resources, energy, oil and gas, petrochemical, water, marine, defence, and infrastructure. The company operates through three segments: SIMPEC, Alltype Engineering, and Watmar Engineering. SIMPEC specializes in structural, mechanical, piping, electrical, and instrumentation contracting. Alltype Engineering provides workshop services, site installation, construction, and maintenance across various industries. Watmar Engineering focuses on fluid systems engineering for the defence and marine sectors. The majority of the company's revenue is generated from the Alltype segment.
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