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Frontier Springs (BOM:522195) Return-on-Tangible-Equity : 37.63% (As of Mar. 2025)


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What is Frontier Springs Return-on-Tangible-Equity?

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. Frontier Springs's annualized net income for the quarter that ended in Mar. 2025 was ₹466 Mil. Frontier Springs's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹1,240 Mil. Therefore, Frontier Springs's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 37.63%.

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

BOM:522195' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.14   Med: 13.41   Max: 32.66
Current: 32.66

During the past 13 years, Frontier Springs's highest Return-on-Tangible-Equity was 32.66%. The lowest was 2.14%. And the median was 13.41%.

BOM:522195's Return-on-Tangible-Equity is ranked better than
92.87% of 2930 companies
in the Industrial Products industry
Industry Median: 6.75 vs BOM:522195: 32.66

Frontier Springs Return-on-Tangible-Equity Historical Data

The historical data trend for Frontier Springs'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.

* Premium members only.

Frontier Springs Return-on-Tangible-Equity Chart

Frontier Springs Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.06 11.84 10.20 15.84 32.51

Frontier Springs Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 22.62 31.27 27.74 33.23 37.63

Competitive Comparison of Frontier Springs's Return-on-Tangible-Equity

For the Metal Fabrication subindustry, Frontier Springs'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.


Frontier Springs's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

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

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


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Frontier Springs Return-on-Tangible-Equity Calculation

Frontier Springs's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=346.636/( (893.086+1239.649 )/ 2 )
=346.636/1066.3675
=32.51 %

Frontier Springs's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=466.468/( (0+1239.649)/ 1 )
=466.468/1239.649
=37.63 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Frontier Springs  (BOM:522195) 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.


Frontier Springs Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Frontier Springs's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Frontier Springs Business Description

Traded in Other Exchanges
N/A
Address
E-14, Panki Industrial Area, Site-1, Kanpur, UP, IND, 208 022
Frontier Springs Ltd is engaged in the manufacturing of hot Coiled springs and forging items for transportation, industrial, and government applications. The product offering of the company includes L.B.Springs and Hot Coiled Compression Spring and forging items for Wagon, Locomotives, and Carriages, among others. The company supplies its products to railways, bogie manufacturers, Chittaranjan locomotive works, diesel locomotive works, integrated coach factories, and rail coach factories. In addition to the supply to the railways, the company is also supplying the springs to heavy engineering industries and original earth movers equipment manufacturers.

Frontier Springs Headlines

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