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Indag RubberBOM:509162 -1.42%67 Return-on-Tangible-Equity is 4.65% as of Mar. 2026, which is 23% below its 10-year median of 6.02. GuruFocus rates BOM:509162 with a GF Score™ of 67/100 and a GF Value™ of ₹123.22 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,282 Vehicles & Parts companies, Indag Rubber ranks worse than 62.87% 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. Indag Rubber's annualized net income for the quarter that ended in Mar. 2026 was ₹107 Mil. Indag Rubber's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹2,305 Mil. Therefore, Indag Rubber's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.65%.
The historical rank and industry rank for Indag Rubber's Return-on-Tangible-Equity or its related term are showing as below:
BOM:509162'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.28 Med: 6.02 Max: 13.15
Current: 4.44
During the past 13 years, Indag Rubber's highest Return-on-Tangible-Equity was 13.15%. The lowest was 1.28%. And the median was 6.02%.
BOM:509162's Return-on-Tangible-Equity is ranked worse than 62.87% of 1282
companies
in the Vehicles & Parts industry
Industry Median: 7.545
vs BOM:509162: 4.44
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.
Indag Rubber Return-on-Tangible-Equity Related Terms
Indag Rubber Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Indag Rubber'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:509162 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Indag Rubber'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.
Indag Rubber Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Indag Rubber's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Indag Rubber'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 4.65% mean?
Indag Rubber (BOM:509162) has a Return-on-Tangible-Equity of 4.65% 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 Indag Rubber and its competitors. This is 23% below median its historical median of 6.02. Over the past decade, Indag Rubber's Return-on-Tangible-Equity has ranged from 1.28 to 13.15. According to the industry distribution chart, Indag Rubber ranks #806 out of 1282 companies in the Vehicles & Parts industry, placing it in the top 62.9%.
Is Indag Rubber's Return-on-Tangible-Equity too high?
Indag Rubber's current Return-on-Tangible-Equity of 4.65% is 23% below median its 10-year median of 6.02. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 13.15. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.55. Indag Rubber's value of 4.65% is 38.4% below this industry median. Based on the distribution chart, Indag Rubber ranks #806 out of 1282 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Indag Rubber has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indag Rubber's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Indag Rubber ranks #806 out of 1282 companies for Return-on-Tangible-Equity. This places Indag Rubber in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.55. Indag Rubber's value of 4.65% is 38.4% below this benchmark. Historically, Indag Rubber's own Return-on-Tangible-Equity has ranged from 1.28 to 13.15 over the past decade. While the company's 10-year median is 6.02 vs. the industry median of 7.55, Indag Rubber 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 a Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.55, 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. Indag Rubber's current Return-on-Tangible-Equity of 4.65% is 38.4% 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 Indag Rubber and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indag Rubber's current Return-on-Tangible-Equity is 4.65%, which is 23% below median its own 10-year median of 6.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indag Rubber stock overvalued right now?
Based on GuruFocus' analysis, Indag Rubber (BOM:509162) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹123.22, compared to a current price of ₹93.45 — trading 24.2% below its estimated fair value. The current Return-on-Tangible-Equity is 4.65%, which is 23% below median its 10-year median of 6.02 and 38.4% below the Vehicles & Parts industry median of 7.55. Indag Rubber's overall GF Score™ is 67/100 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 Indag Rubber (BOM:509162), the current Return-on-Tangible-Equity is 4.65% 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 Indag Rubber (BOM:509162) Overvalued in 2026?
Based on GuruFocus' analysis, Indag Rubber stock appears to be undervalued.
The current stock price of ₹93.45 is trading 24.2% below its estimated GF Value™ of ₹123.22.
GuruFocus considers Indag Rubber to be Modestly Undervalued.
Key valuation signals for BOM:509162:
Return-on-Tangible-Equity: 4.65% (23% below median its 10-year median of 6.02)
GF Value™: ₹123.22 vs. price of ₹93.45 (24.2% below fair value)
Industry Position: 38.4% below the Vehicles & Parts median (#806 of 1282)
No single metric tells the full story. See the BOM:509162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indag Rubber Ltd is engaged in the manufacturing and selling of Precured Tread Rubber and allied products. The company operates in two segments: Precured Tread Rubber segment involved is engaged in the manufacturing of the Precured Tread Rubber, Bonding Repair and Extrusion Gum and Rubber Cement, which are used for retreading of tyres and providing tyre retreading service and allied products/services; and Power conversation system is into the business of manufacturing of power conversion system (PCS) for battery energy storage system (BESS) and power electronics and electronics in the green energy sector.
67GF Score
Get the complete analysis for BOM:509162
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