Sundaram Fasteners (BOM:500403) Return-on-Tangible-Equity: 15.13% (As of Mar. 2026) — 12% Below Median

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BOM:500403 Sundaram Fasteners Ltd BOM:500403
88 GF Score
Price ₹939.35
GF Value ₹1,245.89
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Sundaram Fasteners Return-on-Tangible-Equity?

Sundaram Fasteners BOM:500403 -0.94% 88 Return-on-Tangible-Equity is 15.13% as of Mar. 2026, which is 12% below its 10-year median of 17.24. GuruFocus rates BOM:500403 with a GF Score™ of 88/100 and a GF Value™ of ₹1,245.89 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,281 Vehicles & Parts companies, Sundaram Fasteners ranks better than 73.54% 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. Sundaram Fasteners's annualized net income for the quarter that ended in Mar. 2026 was ₹6,456 Mil. Sundaram Fasteners's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹42,664 Mil. Therefore, Sundaram Fasteners's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.13%.

The historical rank and industry rank for Sundaram Fasteners's Return-on-Tangible-Equity or its related term are showing as below:

BOM:500403' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.64   Med: 17.24   Max: 30.9
Current: 14.64

During the past 13 years, Sundaram Fasteners's highest Return-on-Tangible-Equity was 30.90%. The lowest was 14.64%. And the median was 17.24%.

BOM:500403's Return-on-Tangible-Equity is ranked better than
73.54% of 1281 companies
in the Vehicles & Parts industry
Industry Median: 7.58 vs BOM:500403: 14.64

Sundaram Fasteners  (BOM:500403) Return-on-Tangible-Equity Explanation

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.


Sundaram Fasteners Return-on-Tangible-Equity Related Terms


Sundaram Fasteners Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Sundaram Fasteners'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.

Sundaram Fasteners Return-on-Tangible-Equity Chart

Sundaram Fasteners Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.44 17.60 16.24 14.94 14.65

Sundaram Fasteners Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.08 15.60 14.93 12.92 15.13

BOM:500403 vs ORLY, AZO: Return-on-Tangible-Equity Comparison

For the Auto Parts subindustry, Sundaram Fasteners'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.


Sundaram Fasteners Return-on-Tangible-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sundaram Fasteners's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sundaram Fasteners's Return-on-Tangible-Equity falls into.


BOM:500403
88GF Score
Sundaram Fasteners Ltd BOM:500403
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sundaram Fasteners Return-on-Tangible-Equity Calculation

Sundaram Fasteners's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=5911.8/( (38037.7+42663.5 )/ 2 )
=5911.8/40350.6
=14.65 %

Sundaram Fasteners's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=6456/( (0+42663.5)/ 1 )
=6456/42663.5
=15.13 %

* 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 four times the quarterly (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 15.13% mean?
Sundaram Fasteners (BOM:500403) has a Return-on-Tangible-Equity of 15.13% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sundaram Fasteners and its competitors. This is 12% below median its historical median of 17.24. Over the past decade, Sundaram Fasteners' Return-on-Tangible-Equity has ranged from 14.64 to 30.90. According to the industry distribution chart, Sundaram Fasteners ranks #339 out of 1281 companies in the Vehicles & Parts industry, placing it in the top 26.5%.
Is Sundaram Fasteners' Return-on-Tangible-Equity too high?
Sundaram Fasteners' current Return-on-Tangible-Equity of 15.13% is 12% below median its 10-year median of 17.24. Over the past 10 years, this metric has ranged from a low of 14.64 to a high of 30.90. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.58. Sundaram Fasteners' value of 15.13% is 99.6% above this industry median. Based on the distribution chart, Sundaram Fasteners ranks #339 out of 1281 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Sundaram Fasteners has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sundaram Fasteners' Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Sundaram Fasteners ranks #339 out of 1281 companies for Return-on-Tangible-Equity. This puts Sundaram Fasteners in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.58. Sundaram Fasteners' value of 15.13% is 99.6% above this benchmark. Historically, Sundaram Fasteners' own Return-on-Tangible-Equity has ranged from 14.64 to 30.90 over the past decade. While the company's 10-year median is 17.24 vs. the industry median of 7.58, Sundaram Fasteners 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.58, based on 1,281 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. Sundaram Fasteners's current Return-on-Tangible-Equity of 15.13% is 99.6% 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 Sundaram Fasteners and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sundaram Fasteners's current Return-on-Tangible-Equity is 15.13%, which is 12% below median its own 10-year median of 17.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sundaram Fasteners stock overvalued right now?
Based on GuruFocus' analysis, Sundaram Fasteners (BOM:500403) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,245.89, compared to a current price of ₹939.35 — trading 24.6% below its estimated fair value. The current Return-on-Tangible-Equity is 15.13%, which is 12% below median its 10-year median of 17.24 and 99.6% above the Vehicles & Parts industry median of 7.58. Sundaram Fasteners' overall GF Score™ is 88/100 with 2 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 Sundaram Fasteners (BOM:500403), the current Return-on-Tangible-Equity is 15.13% as of Mar. 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.

Is Sundaram Fasteners (BOM:500403) Overvalued in 2026?

Based on GuruFocus' analysis, Sundaram Fasteners stock appears to be undervalued. The current stock price of ₹939.35 is trading 24.6% below its estimated GF Value™ of ₹1,245.89. GuruFocus considers Sundaram Fasteners to be Modestly Undervalued.

Key valuation signals for BOM:500403:

  • Return-on-Tangible-Equity: 15.13% (12% below median its 10-year median of 17.24)
  • GF Value™: ₹1,245.89 vs. price of ₹939.35 (24.6% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 99.6% above the Vehicles & Parts median (#339 of 1281)

No single metric tells the full story. See the BOM:500403 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sundaram Fasteners Business Description

Other Exchanges SUNDRMFAST:India
Address No. 98-A, VII Floor, Dr. Radhakrishnan Salai, Mylapore, Chennai, TN, IND, 600004
Sundaram Fasteners Ltd is an Indian producer of fasteners and metal components. The company is engaged in the manufacture and sale of bolts and nuts, water pumps, sintered products, cold-extruded components, hot and warm forged parts, radiator caps, and other parts that have applications mainly in the automobile industry. Its geographical segments are India, the United States, China, and the Rest of the World. The majority of the company's revenue is derived from India.
88GF Score

Get the complete analysis for BOM:500403

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹939.35
Price
₹1,245.89
GF Value