Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Delton CablesBOM:504240 +0.61%61 Return-on-Tangible-Equity is 1.47% as of Mar. 2026, which is 64% below its 10-year median of 4.09. GuruFocus rates BOM:504240 with a GF Score™ of 61/100 and a GF Value™ of ₹1,051.01 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,974 Industrial Products companies, Delton Cables ranks better than 56.79% 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. Delton Cables's annualized net income for the quarter that ended in Mar. 2026 was ₹51 Mil. Delton Cables's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹3,432 Mil. Therefore, Delton Cables's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.47%.
The historical rank and industry rank for Delton Cables's Return-on-Tangible-Equity or its related term are showing as below:
BOM:504240'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -229.29 Med: 4.09 Max: 209.45
Current: 8.31
During the past 13 years, Delton Cables's highest Return-on-Tangible-Equity was 209.45%. The lowest was -229.29%. And the median was 4.09%.
BOM:504240's Return-on-Tangible-Equity is ranked better than 56.79% of 2974
companies
in the Industrial Products industry
Industry Median: 6.775
vs BOM:504240: 8.31
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.
Delton Cables Return-on-Tangible-Equity Related Terms
Delton Cables Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Delton Cables'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.
BOM:504240 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Delton Cables'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.
Delton Cables Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Delton Cables's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Delton Cables'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 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 1.47% mean?
Delton Cables (BOM:504240) has a Return-on-Tangible-Equity of 1.47% 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 Delton Cables and its competitors. This is 64% below median its historical median of 4.09. According to the industry distribution chart, Delton Cables ranks #1285 out of 2974 companies in the Industrial Products industry, placing it in the top 43.2%.
Is Delton Cables' Return-on-Tangible-Equity too high?
Delton Cables' current Return-on-Tangible-Equity of 1.47% is 64% below median its 10-year median of 4.09. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Delton Cables' value of 1.47% is 78.3% below this industry median. Based on the distribution chart, Delton Cables ranks #1285 out of 2974 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Delton Cables has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Delton Cables' Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Delton Cables ranks #1285 out of 2974 companies for Return-on-Tangible-Equity. This puts Delton Cables in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Delton Cables' value of 1.47% is 78.3% below this benchmark. While the company's 10-year median is 4.09 vs. the industry median of 6.78, Delton Cables 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.78, based on 2,974 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. Delton Cables's current Return-on-Tangible-Equity of 1.47% is 78.3% 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 Delton Cables and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delton Cables's current Return-on-Tangible-Equity is 1.47%, which is 64% below median its own 10-year median of 4.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delton Cables stock overvalued right now?
Based on GuruFocus' analysis, Delton Cables (BOM:504240) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,051.01, compared to a current price of ₹412.50 — trading 60.8% below its estimated fair value. The current Return-on-Tangible-Equity is 1.47%, which is 64% below median its 10-year median of 4.09 and 78.3% below the Industrial Products industry median of 6.78. Delton Cables' overall GF Score™ is 61/100 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 Delton Cables (BOM:504240), the current Return-on-Tangible-Equity is 1.47% 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 Delton Cables (BOM:504240) Overvalued in 2026?
Based on GuruFocus' analysis, Delton Cables stock appears to be undervalued.
The current stock price of ₹412.50 is trading 60.8% below its estimated GF Value™ of ₹1,051.01.
GuruFocus considers Delton Cables to be Possible Value Trap.
Key valuation signals for BOM:504240:
Return-on-Tangible-Equity: 1.47% (64% below median its 10-year median of 4.09)
GF Value™: ₹1,051.01 vs. price of ₹412.50 (60.8% below fair value)
Industry Position: 78.3% below the Industrial Products median (#1285 of 2974)
No single metric tells the full story. See the BOM:504240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delton Cables Ltd is engaged in manufacturing and supplying wires, cables, switchgear, and ancillary activities including trading. It offers wires and cables for various applications, such as power and control, indoor telephone, instrumentation, high temperature, compensating, and zero halogen. The company also provides switchgear, including miniature circuit breakers (MCBs), DC MCBs, MCB isolators, residual current circuit breakers, and offload changeover switches. In addition, it offers distribution boards. It earns the majority of its revenue from selling cables and switchgear items in the Domestic market.
61GF Score
Get the complete analysis for BOM:504240
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:504240 has been successfully added to your 
