Gajra Bevel Gears (BOM:505711) Return-on-Tangible-Equity: 0.00% (As of Sep. 2021)

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BOM:505711 Gajra Bevel Gears Ltd BOM:505711
32 GF Score
Price ₹3.25
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What is Gajra Bevel Gears Return-on-Tangible-Equity?

Gajra Bevel Gears BOM:505711 32 Return-on-Tangible-Equity is 0.00% as of Sep. 2021. GuruFocus rates BOM:505711 with a GF Score™ of 32/100.

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. Gajra Bevel Gears's annualized net income for the quarter that ended in Sep. 2021 was ₹-0.17 Mil. Gajra Bevel Gears's average shareholder tangible equity for the quarter that ended in Sep. 2021 was ₹-368.88 Mil. Therefore, Gajra Bevel Gears's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 was N/A%.

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

BOM:505711's Return-on-Tangible-Equity is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.71
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Gajra Bevel Gears  (BOM:505711) 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.


Gajra Bevel Gears Return-on-Tangible-Equity Related Terms


Gajra Bevel Gears Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Gajra Bevel Gears'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.

Gajra Bevel Gears Return-on-Tangible-Equity Chart

Gajra Bevel Gears Annual Data
Trend Sep11 Sep12 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Gajra Bevel Gears Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.00 0.00 0.00 0.00 0.00

BOM:505711 vs OMTK: Return-on-Tangible-Equity Comparison

For the Auto Parts subindustry, Gajra Bevel Gears'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.


Gajra Bevel Gears Return-on-Tangible-Equity vs Vehicles & Parts Industry

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

* The bar in red indicates where Gajra Bevel Gears's Return-on-Tangible-Equity falls into.


BOM:505711
32GF Score
Gajra Bevel Gears Ltd BOM:505711
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Gajra Bevel Gears Return-on-Tangible-Equity Calculation

Gajra Bevel Gears's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2021 )  (A: Mar. 2020 )(A: Mar. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2021 )  (A: Mar. 2020 )(A: Mar. 2021 )
=-1.855/( (-366.991+-368.708 )/ 2 )
=-1.855/-367.8495
=N/A %

Gajra Bevel Gears's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=-0.172/( (0+-368.88)/ 1 )
=-0.172/-368.88
=N/A %

* 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 (Sep. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
Gajra Bevel Gears (BOM:505711) has a Return-on-Tangible-Equity of 0.00% as of Sep. 2021. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Gajra Bevel Gears and its competitors.
Is Gajra Bevel Gears' Return-on-Tangible-Equity too high?
Gajra Bevel Gears' current Return-on-Tangible-Equity is 0.00%. Overall, Gajra Bevel Gears has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Gajra Bevel Gears' Return-on-Tangible-Equity compare to OMTK?
Gajra Bevel Gears' Return-on-Tangible-Equity of 0.00% can be compared against companies in the Vehicles & Parts industry. The industry median Return-on-Tangible-Equity is 7.71. 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 7.71, based on 1,282 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. 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 Gajra Bevel Gears and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gajra Bevel Gears's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gajra Bevel Gears stock overvalued right now?
Gajra Bevel Gears (BOM:505711) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Gajra Bevel Gears' overall GF Score™ is 32/100. 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 Gajra Bevel Gears (BOM:505711), the current Return-on-Tangible-Equity is 0.00% as of Sep. 2021. 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.

Gajra Bevel Gears Business Description

Address A. B. Road, 395-A Village Lohar Pipliya, Near Kshipra, Dewas, MP, IND, 455001
Gajra Bevel Gears Ltd is engaged in the manufacture of automotive differential gears and other related products. The company offers products such as Crown wheel pinions, Spider kit assembly, Spider, Bevel gears, Bevel pinions, Transmission gears, and cutting tools.
32GF Score

Get the complete analysis for BOM:505711

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

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