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Krishanveer ForgeBOM:513369 -4.78%76 Return-on-Tangible-Equity is 44.79% as of Mar. 2026, which is 296% above its 10-year median of 11.30. GuruFocus rates BOM:513369 with a GF Score™ of 76/100 and a GF Value™ of ₹126.13 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,968 Industrial Products companies, Krishanveer Forge ranks better than 88.51% 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. Krishanveer Forge's annualized net income for the quarter that ended in Mar. 2026 was ₹230.2 Mil. Krishanveer Forge's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹513.9 Mil. Therefore, Krishanveer Forge's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 44.79%.
The historical rank and industry rank for Krishanveer Forge's Return-on-Tangible-Equity or its related term are showing as below:
BOM:513369'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.19 Med: 11.3 Max: 24.87
Current: 24.87
During the past 13 years, Krishanveer Forge's highest Return-on-Tangible-Equity was 24.87%. The lowest was -17.19%. And the median was 11.30%.
BOM:513369's Return-on-Tangible-Equity is ranked better than 88.51% of 2968
companies
in the Industrial Products industry
Industry Median: 6.76
vs BOM:513369: 24.87
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.
Krishanveer Forge Return-on-Tangible-Equity Related Terms
Krishanveer Forge Return-on-Tangible-Equity Historical Data
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The historical data trend for Krishanveer Forge'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:513369 vs CRS, ATI, MLI: Return-on-Tangible-Equity Comparison
For the Metal Fabrication subindustry, Krishanveer Forge'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.
Krishanveer Forge Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Krishanveer Forge's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Krishanveer Forge'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 44.79% mean?
Krishanveer Forge (BOM:513369) has a Return-on-Tangible-Equity of 44.79% 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 Krishanveer Forge and its competitors. This is 296% above median its historical median of 11.30. According to the industry distribution chart, Krishanveer Forge ranks #341 out of 2968 companies in the Industrial Products industry, placing it in the top 11.5%.
Is Krishanveer Forge's Return-on-Tangible-Equity too high?
Krishanveer Forge's current Return-on-Tangible-Equity of 44.79% is 296% above median its 10-year median of 11.30. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Krishanveer Forge's value of 44.79% is 562.6% above this industry median. Based on the distribution chart, Krishanveer Forge ranks #341 out of 2968 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Krishanveer Forge has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Krishanveer Forge's Return-on-Tangible-Equity compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Krishanveer Forge ranks #341 out of 2968 companies for Return-on-Tangible-Equity. This places Krishanveer Forge in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.76. Krishanveer Forge's value of 44.79% is 562.6% above this benchmark. While the company's 10-year median is 11.30 vs. the industry median of 6.76, Krishanveer Forge 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, based on 2,968 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. Krishanveer Forge's current Return-on-Tangible-Equity of 44.79% is 562.6% 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 Krishanveer Forge and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krishanveer Forge's current Return-on-Tangible-Equity is 44.79%, which is 296% above median its own 10-year median of 11.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krishanveer Forge stock overvalued right now?
Based on GuruFocus' analysis, Krishanveer Forge (BOM:513369) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹126.13, compared to a current price of ₹144.40 — trading 14.5% above its estimated fair value. The current Return-on-Tangible-Equity is 44.79%, which is 296% above median its 10-year median of 11.30 and 562.6% above the Industrial Products industry median of 6.76. Krishanveer Forge's overall GF Score™ is 76/100 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 Krishanveer Forge (BOM:513369), the current Return-on-Tangible-Equity is 44.79% 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 Krishanveer Forge (BOM:513369) Overvalued in 2026?
Based on GuruFocus' analysis, Krishanveer Forge stock appears to be overvalued.
The current stock price of ₹144.40 is trading 14.5% above its estimated GF Value™ of ₹126.13.
GuruFocus considers Krishanveer Forge to be Modestly Overvalued.
Key valuation signals for BOM:513369:
Return-on-Tangible-Equity: 44.79% (296% above median its 10-year median of 11.30)
GF Value™: ₹126.13 vs. price of ₹144.40 (14.5% above fair value)
Industry Position: 562.6% above the Industrial Products median (#341 of 2968)
No single metric tells the full story. See the BOM:513369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Krishanveer Forge Ltd is engaged in the business of manufacturing and selling open die forging facilities catering across industries including oil and Gas, infrastructure, Power transmission, mining, and construction. It has one segment namely, the manufacture of forgings. The products in which the company deals are mill roller shafts, gear shafts, tail bars, gear rings, blanks, table rolls, pinions, spindles, elongator rolls, wobblers, and gearing components. Geographically, it derives a majority of its revenue from India.
76GF Score
Get the complete analysis for BOM:513369
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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