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Stovec IndustriesBOM:504959 -0.82%72 Return-on-Tangible-Equity is 5.06% as of Mar. 2026, which is 71% below its 10-year median of 17.42. GuruFocus rates BOM:504959 with a GF Score™ of 72/100 and a GF Value™ of ₹2,213.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,973 Industrial Products companies, Stovec Industries ranks worse than 58.86% 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. Stovec Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹67 Mil. Stovec Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,314 Mil. Therefore, Stovec Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.06%.
The historical rank and industry rank for Stovec Industries's Return-on-Tangible-Equity or its related term are showing as below:
BOM:504959'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.65 Med: 17.42 Max: 32.91
Current: 4.65
During the past 13 years, Stovec Industries's highest Return-on-Tangible-Equity was 32.91%. The lowest was 4.65%. And the median was 17.42%.
BOM:504959's Return-on-Tangible-Equity is ranked worse than 58.86% of 2973
companies
in the Industrial Products industry
Industry Median: 6.79
vs BOM:504959: 4.65
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.
Stovec Industries Return-on-Tangible-Equity Related Terms
Stovec Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Stovec Industries'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:504959 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Stovec Industries'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.
Stovec Industries Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Stovec Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Stovec Industries'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 5.06% mean?
Stovec Industries (BOM:504959) has a Return-on-Tangible-Equity of 5.06% 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 Stovec Industries and its competitors. This is 71% below median its historical median of 17.42. Over the past decade, Stovec Industries' Return-on-Tangible-Equity has ranged from 4.65 to 32.91. According to the industry distribution chart, Stovec Industries ranks #1750 out of 2973 companies in the Industrial Products industry, placing it in the top 58.9%.
Is Stovec Industries' Return-on-Tangible-Equity too high?
Stovec Industries' current Return-on-Tangible-Equity of 5.06% is 71% below median its 10-year median of 17.42. Over the past 10 years, this metric has ranged from a low of 4.65 to a high of 32.91. The Industrial Products industry median Return-on-Tangible-Equity is 6.79. Stovec Industries' value of 5.06% is 25.5% below this industry median. Based on the distribution chart, Stovec Industries ranks #1750 out of 2973 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Stovec Industries has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stovec Industries' Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Stovec Industries ranks #1750 out of 2973 companies for Return-on-Tangible-Equity. This places Stovec Industries in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.79. Stovec Industries' value of 5.06% is 25.5% below this benchmark. Historically, Stovec Industries' own Return-on-Tangible-Equity has ranged from 4.65 to 32.91 over the past decade. While the company's 10-year median is 17.42 vs. the industry median of 6.79, Stovec Industries 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 6.79, based on 2,973 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. Stovec Industries's current Return-on-Tangible-Equity of 5.06% is 25.5% 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 Stovec Industries and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stovec Industries's current Return-on-Tangible-Equity is 5.06%, which is 71% below median its own 10-year median of 17.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stovec Industries stock overvalued right now?
Based on GuruFocus' analysis, Stovec Industries (BOM:504959) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,213.59, compared to a current price of ₹1,695.00 — trading 23.4% below its estimated fair value. The current Return-on-Tangible-Equity is 5.06%, which is 71% below median its 10-year median of 17.42 and 25.5% below the Industrial Products industry median of 6.79. Stovec Industries' overall GF Score™ is 72/100 with 4 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 Stovec Industries (BOM:504959), the current Return-on-Tangible-Equity is 5.06% 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 Stovec Industries (BOM:504959) Overvalued in 2026?
Based on GuruFocus' analysis, Stovec Industries stock appears to be undervalued.
The current stock price of ₹1,695.00 is trading 23.4% below its estimated GF Value™ of ₹2,213.59.
GuruFocus considers Stovec Industries to be Modestly Undervalued.
Key valuation signals for BOM:504959:
Return-on-Tangible-Equity: 5.06% (71% below median its 10-year median of 17.42)
GF Value™: ₹2,213.59 vs. price of ₹1,695.00 (23.4% below fair value)
Industry Position: 25.5% below the Industrial Products median (#1750 of 2973)
No single metric tells the full story. See the BOM:504959 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stovec Industries Ltd is engaged in the production of Rotary Screens and Printing Machines and manufacturer of precision metal components. The firm operates in two segments namely Textile Consumables and Textile Machinery segment and Graphics Product segment. The Textile Consumables and Textile Machinery segment generates the majority of revenue. It comprises Perforated Rotary Screens, Lacquer & Auxiliary Chemicals, Rotary Screen Printing Machine, Engraving Equipment, Components and Spares, and Digital Ink. The Graphics Product segment comprises Anilox Rollers, Rotamesh screens, and RotaPlate. Geographically, the company generates the majority of its revenue from India.
72GF Score
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