KEI Industries (BOM:517569) Return-on-Tangible-Equity: 17.07% (As of Mar. 2026) — 16% Below Median

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BOM:517569 KEI Industries Ltd BOM:517569
94 GF Score
Price ₹4,846.95
GF Value ₹4,969.02
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is KEI Industries Return-on-Tangible-Equity?

KEI Industries BOM:517569 -0.53% 94 Return-on-Tangible-Equity is 17.07% as of Mar. 2026, which is 16% below its 10-year median of 20.24. GuruFocus rates BOM:517569 with a GF Score™ of 94/100 and a GF Value™ of ₹4,969.02 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,973 Industrial Products companies, KEI Industries ranks better than 76.96% 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. KEI Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹11,372 Mil. KEI Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹66,641 Mil. Therefore, KEI Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.07%.

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

BOM:517569' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.76   Med: 20.24   Max: 27.31
Current: 14.79

During the past 13 years, KEI Industries's highest Return-on-Tangible-Equity was 27.31%. The lowest was 14.76%. And the median was 20.24%.

BOM:517569's Return-on-Tangible-Equity is ranked better than
76.96% of 2973 companies
in the Industrial Products industry
Industry Median: 6.76 vs BOM:517569: 14.79

KEI Industries  (BOM:517569) 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.


KEI Industries Return-on-Tangible-Equity Related Terms


KEI Industries Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for KEI 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.

KEI Industries Return-on-Tangible-Equity Chart

KEI Industries 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 19.26 20.22 20.26 15.59 14.76

KEI Industries 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 15.67 13.54 13.16 15.18 17.07

BOM:517569 vs VRT, BE: Return-on-Tangible-Equity Comparison

For the Electrical Equipment & Parts subindustry, KEI 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.


KEI Industries Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, KEI Industries's Return-on-Tangible-Equity distribution charts can be found below:

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


BOM:517569
94GF Score
KEI Industries Ltd BOM:517569
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KEI Industries Return-on-Tangible-Equity Calculation

KEI Industries'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 )
=9184.33/( (57846.95+66640.64 )/ 2 )
=9184.33/62243.795
=14.76 %

KEI Industries'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 )
=11372.48/( (0+66640.64)/ 1 )
=11372.48/66640.64
=17.07 %

* 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 17.07% mean?
KEI Industries (BOM:517569) has a Return-on-Tangible-Equity of 17.07% 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 KEI Industries and its competitors. This is 16% below median its historical median of 20.24. Over the past decade, KEI Industries' Return-on-Tangible-Equity has ranged from 14.76 to 27.31. According to the industry distribution chart, KEI Industries ranks #685 out of 2973 companies in the Industrial Products industry, placing it in the top 23%.
Is KEI Industries' Return-on-Tangible-Equity too high?
KEI Industries' current Return-on-Tangible-Equity of 17.07% is 16% below median its 10-year median of 20.24. Over the past 10 years, this metric has ranged from a low of 14.76 to a high of 27.31. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. KEI Industries' value of 17.07% is 152.5% above this industry median. Based on the distribution chart, KEI Industries ranks #685 out of 2973 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, KEI Industries has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KEI Industries' Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, KEI Industries ranks #685 out of 2973 companies for Return-on-Tangible-Equity. This places KEI Industries in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.76. KEI Industries' value of 17.07% is 152.5% above this benchmark. Historically, KEI Industries' own Return-on-Tangible-Equity has ranged from 14.76 to 27.31 over the past decade. While the company's 10-year median is 20.24 vs. the industry median of 6.76, KEI Industries 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 2,973 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. KEI Industries's current Return-on-Tangible-Equity of 17.07% is 152.5% 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 KEI Industries 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. KEI Industries's current Return-on-Tangible-Equity is 17.07%, which is 16% below median its own 10-year median of 20.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KEI Industries stock overvalued right now?
Based on GuruFocus' analysis, KEI Industries (BOM:517569) is currently considered Fairly Valued. The stock's GF Value™ is ₹4,969.02, compared to a current price of ₹4,846.95 — trading 2.5% below its estimated fair value. The current Return-on-Tangible-Equity is 17.07%, which is 16% below median its 10-year median of 20.24 and 152.5% above the Industrial Products industry median of 6.76. KEI Industries' overall GF Score™ is 94/100 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 KEI Industries (BOM:517569), the current Return-on-Tangible-Equity is 17.07% 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 KEI Industries (BOM:517569) Overvalued in 2026?

Based on GuruFocus' analysis, KEI Industries stock appears to be undervalued. The current stock price of ₹4,846.95 is trading 2.5% below its estimated GF Value™ of ₹4,969.02. GuruFocus considers KEI Industries to be Fairly Valued.

Key valuation signals for BOM:517569:

  • Return-on-Tangible-Equity: 17.07% (16% below median its 10-year median of 20.24)
  • GF Value™: ₹4,969.02 vs. price of ₹4,846.95 (2.5% below fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 152.5% above the Industrial Products median (#685 of 2973)

No single metric tells the full story. See the BOM:517569 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KEI Industries Business Description

Other Exchanges KEI:India
Address D-90, Okhla Industrial Area, Phase-I, New Delhi, IND, 110 020
KEI Industries Ltd is engaged in the manufacture and supply of power and other industrial cables. Its segments include the Wires and Cables Segment, Stainless Steel Wires Segment, Turnkey Projects/Engineering, Procurement and Construction (EPC) Projects Segment. The company generates maximum revenue from the Wires and Cables segment. Its Wires and Cables segment consists of extra high voltage (EHV), high tension (HT), and low tension (LT) power cables, control and instrumentation cables, winding wires, and flexible and house wires. Geographically, it derives the majority of its revenue from India.
94GF Score

Get the complete analysis for BOM:517569

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

₹4,846.95
Price
₹4,969.02
GF Value