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.
Uni Abex Alloy ProductsBOM:504605 +0.17%82 Return-on-Tangible-Equity is 248.70% as of Mar. 2026, which is 978% above its 10-year median of 23.07. GuruFocus rates BOM:504605 with a GF Score™ of 82/100 and a GF Value™ of ₹3,593.57 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 616 Steel companies, Uni Abex Alloy Products ranks better than 97.56% 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. Uni Abex Alloy Products's annualized net income for the quarter that ended in Mar. 2026 was ₹10,305 Mil. Uni Abex Alloy Products's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹4,144 Mil. Therefore, Uni Abex Alloy Products's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 248.70%.
The historical rank and industry rank for Uni Abex Alloy Products's Return-on-Tangible-Equity or its related term are showing as below:
BOM:504605'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.21 Med: 23.07 Max: 118.79
Current: 118.79
During the past 13 years, Uni Abex Alloy Products's highest Return-on-Tangible-Equity was 118.79%. The lowest was -23.21%. And the median was 23.07%.
BOM:504605's Return-on-Tangible-Equity is ranked better than 97.56% of 616
companies
in the Steel industry
Industry Median: 4.23
vs BOM:504605: 118.79
Uni Abex Alloy Products (BOM:504605) 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.
Uni Abex Alloy Products Return-on-Tangible-Equity Related Terms
Uni Abex Alloy Products Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Uni Abex Alloy Products'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.
Uni Abex Alloy Products Return-on-Tangible-Equity Chart
BOM:504605 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Uni Abex Alloy Products'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.
Uni Abex Alloy Products Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Uni Abex Alloy Products's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Uni Abex Alloy Products'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 248.70% mean?
Uni Abex Alloy Products (BOM:504605) has a Return-on-Tangible-Equity of 248.70% 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 Uni Abex Alloy Products and its competitors. This is 978% above median its historical median of 23.07. According to the industry distribution chart, Uni Abex Alloy Products ranks #15 out of 616 companies in the Steel industry, placing it in the top 2.4%.
Is Uni Abex Alloy Products' Return-on-Tangible-Equity too high?
Uni Abex Alloy Products' current Return-on-Tangible-Equity of 248.70% is 978% above median its 10-year median of 23.07. The Steel industry median Return-on-Tangible-Equity is 4.23. Uni Abex Alloy Products' value of 248.70% is 5779.4% above this industry median. Based on the distribution chart, Uni Abex Alloy Products ranks #15 out of 616 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Uni Abex Alloy Products has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Uni Abex Alloy Products' Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Uni Abex Alloy Products ranks #15 out of 616 companies for Return-on-Tangible-Equity. This places Uni Abex Alloy Products in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.23. Uni Abex Alloy Products' value of 248.70% is 5779.4% above this benchmark. While the company's 10-year median is 23.07 vs. the industry median of 4.23, Uni Abex Alloy Products 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.23, based on 616 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. Uni Abex Alloy Products's current Return-on-Tangible-Equity of 248.70% is 5779.4% 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 Uni Abex Alloy Products and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Uni Abex Alloy Products's current Return-on-Tangible-Equity is 248.70%, which is 978% above median its own 10-year median of 23.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uni Abex Alloy Products stock overvalued right now?
Based on GuruFocus' analysis, Uni Abex Alloy Products (BOM:504605) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,593.57, compared to a current price of ₹4,871.50 — trading 35.6% above its estimated fair value. The current Return-on-Tangible-Equity is 248.70%, which is 978% above median its 10-year median of 23.07 and 5779.4% above the Steel industry median of 4.23. Uni Abex Alloy Products' overall GF Score™ is 82/100 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 Uni Abex Alloy Products (BOM:504605), the current Return-on-Tangible-Equity is 248.70% 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 Uni Abex Alloy Products (BOM:504605) Overvalued in 2026?
Based on GuruFocus' analysis, Uni Abex Alloy Products stock appears to be overvalued.
The current stock price of ₹4,871.50 is trading 35.6% above its estimated GF Value™ of ₹3,593.57.
GuruFocus considers Uni Abex Alloy Products to be Significantly Overvalued.
Key valuation signals for BOM:504605:
Return-on-Tangible-Equity: 248.70% (978% above median its 10-year median of 23.07)
GF Value™: ₹3,593.57 vs. price of ₹4,871.50 (35.6% above fair value)
Industry Position: 5779.4% above the Steel median (#15 of 616)
No single metric tells the full story. See the BOM:504605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Uni Abex Alloy Products Ltd produces static, centrifugal castings and assemblies in heat and corrosion-resistant alloys and specializes in alloy steel castings for decanters and reformer tubes. It offers products such as reformer tubes, harp assemblies, air injection tubes, feed tubes, bowl cylinders, glendon coils, sink rolls, ring segments, radiant tubes, and cages, among others. The company's product is used by various industries such as refinery, petrochemical and fertilizer, sponge iron, iron and steel, galvanizing plants, metal gasket, furnace, decanter, and valve manufacturers. Geographically, the firm derives maximum revenue from its business within India, and also has exposure to other markets such as Sweden, Poland, Bangladesh, China, France, Germany, the USA, and others.
82GF Score
Get the complete analysis for BOM:504605
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:504605 has been successfully added to your 
