IST (BOM:508807) Return-on-Tangible-Equity: -2.25% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BOM:508807 IST Ltd BOM:508807
69 GF Score
Price ₹606.00
GF Value ₹947.15
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is IST Return-on-Tangible-Equity?

IST BOM:508807 -0.80% 69 Return-on-Tangible-Equity is -2.25% as of Mar. 2026. GuruFocus rates BOM:508807 with a GF Score™ of 69/100 and a GF Value™ of ₹947.15 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,281 Vehicles & Parts companies, IST ranks better than 57.61% 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. IST's annualized net income for the quarter that ended in Mar. 2026 was ₹-380 Mil. IST's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹16,922 Mil. Therefore, IST's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -2.25%.

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

BOM:508807' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.63   Med: 10.43   Max: 17.36
Current: 9.64

During the past 13 years, IST's highest Return-on-Tangible-Equity was 17.36%. The lowest was 7.63%. And the median was 10.43%.

BOM:508807's Return-on-Tangible-Equity is ranked better than
57.61% of 1281 companies
in the Vehicles & Parts industry
Industry Median: 7.58 vs BOM:508807: 9.64

IST  (BOM:508807) 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.


IST Return-on-Tangible-Equity Related Terms


IST Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for IST'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.

IST Return-on-Tangible-Equity Chart

IST 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 9.87 7.63 10.41 10.05 9.70

IST 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 4.55 19.64 7.12 15.42 -2.25

BOM:508807 vs ORLY, AZO: Return-on-Tangible-Equity Comparison

For the Auto Parts subindustry, IST'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.


IST Return-on-Tangible-Equity vs Vehicles & Parts Industry

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

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


BOM:508807
69GF Score
IST Ltd BOM:508807
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IST Return-on-Tangible-Equity Calculation

IST'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 )
=1534.966/( (14732.133+16922.089 )/ 2 )
=1534.966/15827.111
=9.70 %

IST'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 )
=-380.096/( (0+16922.089)/ 1 )
=-380.096/16922.089
=-2.25 %

* 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 -2.25% mean?
IST (BOM:508807) has a Return-on-Tangible-Equity of -2.25% 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 IST and its competitors. Over the past decade, IST's Return-on-Tangible-Equity has ranged from 7.63 to 17.36. According to the industry distribution chart, IST ranks #543 out of 1281 companies in the Vehicles & Parts industry, placing it in the top 42.4%.
Is IST's Return-on-Tangible-Equity too high?
IST's current Return-on-Tangible-Equity is -2.25%. Over the past 10 years, this metric has ranged from a low of 7.63 to a high of 17.36. Based on the distribution chart, IST ranks #543 out of 1281 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, IST has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IST's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, IST ranks #543 out of 1281 companies for Return-on-Tangible-Equity. This puts IST in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.58. Historically, IST's own Return-on-Tangible-Equity has ranged from 7.63 to 17.36 over the past decade. 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. 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 IST 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. IST's current Return-on-Tangible-Equity is -2.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IST stock overvalued right now?
Based on GuruFocus' analysis, IST (BOM:508807) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹947.15, compared to a current price of ₹606.00 — trading 36% below its estimated fair value. The current Return-on-Tangible-Equity is -2.25%. IST's overall GF Score™ is 69/100 with 3 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 IST (BOM:508807), the current Return-on-Tangible-Equity is -2.25% 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 IST (BOM:508807) Overvalued in 2026?

Based on GuruFocus' analysis, IST stock appears to be undervalued. The current stock price of ₹606.00 is trading 36% below its estimated GF Value™ of ₹947.15. GuruFocus considers IST to be Significantly Undervalued.

Key valuation signals for BOM:508807:

  • Return-on-Tangible-Equity: -2.25%
  • GF Value™: ₹947.15 vs. price of ₹606.00 (36% below fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the BOM:508807 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IST Business Description

Address A-23, New Office Complex, Defence Colony, New Delhi, IND, 110024
IST Ltd manufactures high-precision auto components. The company's business segments are based on its principal activities in precision engineering components and assemblies, SEZ development, and trading. Its products include Piston Cooling Nozzles Assembly, Throttle Shaft and Throttle Valve, Carburetor and Automotive Assembly Components, CNG Kit Components, and Tractor and Automotive Assembly Components. The company produces precision turned, milled, and drilled components, as well as stampings for various industries. IST Ltd operates both in India and internationally, with the majority of its revenue generated from the Indian market.
69GF Score

Get the complete analysis for BOM:508807

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

₹606.00
Price
₹947.15
GF Value