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The historical rank and industry rank for Rasandik Engineering Industries India's Return-on-Tangible-Equity or its related term are showing as below:
BOM:522207'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.24 Med: -2.97 Max: 7.36
Current: -7.24
During the past 13 years, Rasandik Engineering Industries India's highest Return-on-Tangible-Equity was 7.36%. The lowest was -7.24%. And the median was -2.97%.
BOM:522207's Return-on-Tangible-Equity is ranked worse than 85.17% of 1281
companies
in the Vehicles & Parts industry
Industry Median: 7.58
vs BOM:522207: -7.24
Rasandik Engineering Industries India (BOM:522207) 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.
Rasandik Engineering Industries India Return-on-Tangible-Equity Related Terms
Rasandik Engineering Industries India Return-on-Tangible-Equity Historical Data
* 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.
Rasandik Engineering Industries India Return-on-Tangible-Equity Chart
BOM:522207 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Rasandik Engineering Industries India'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.
Rasandik Engineering Industries India Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Rasandik Engineering Industries India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Rasandik Engineering Industries India'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 -11.65% mean?
Rasandik Engineering Industries India (BOM:522207) has a Return-on-Tangible-Equity of -11.65% 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 Rasandik Engineering Industries India and its competitors. According to the industry distribution chart, Rasandik Engineering Industries India ranks #1091 out of 1281 companies in the Vehicles & Parts industry, placing it in the top 85.2%.
Is Rasandik Engineering Industries India's Return-on-Tangible-Equity too high?
Rasandik Engineering Industries India's current Return-on-Tangible-Equity is -11.65%. Based on the distribution chart, Rasandik Engineering Industries India ranks #1091 out of 1281 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Rasandik Engineering Industries India has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rasandik Engineering Industries India's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Rasandik Engineering Industries India ranks #1091 out of 1281 companies for Return-on-Tangible-Equity. This places Rasandik Engineering Industries India in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.58. 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 Rasandik Engineering Industries India 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. Rasandik Engineering Industries India's current Return-on-Tangible-Equity is -11.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rasandik Engineering Industries India stock overvalued right now?
Based on GuruFocus' analysis, Rasandik Engineering Industries India (BOM:522207) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹79.71, compared to a current price of ₹64.62 — trading 18.9% below its estimated fair value. The current Return-on-Tangible-Equity is -11.65%. Rasandik Engineering Industries India's overall GF Score™ is 53/100 with 4 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 Rasandik Engineering Industries India (BOM:522207), the current Return-on-Tangible-Equity is -11.65% 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 Rasandik Engineering Industries India (BOM:522207) Overvalued in 2026?
Based on GuruFocus' analysis, Rasandik Engineering Industries India stock appears to be undervalued.
The current stock price of ₹64.62 is trading 18.9% below its estimated GF Value™ of ₹79.71.
GuruFocus considers Rasandik Engineering Industries India to be Modestly Undervalued.
Key valuation signals for BOM:522207:
Return-on-Tangible-Equity: -11.65%
GF Value™: ₹79.71 vs. price of ₹64.62 (18.9% below fair value)
No single metric tells the full story. See the BOM:522207 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rasandik Engineering Industries India Business Description
Rasandik Engineering Industries India Ltd is engaged in the manufacturing of sheet metal components, muffler assemblies, fuel tanks, tools & dies for motor vehicles, and spare parts. It also manufactures three-wheeler electric vehicles. Some of the products offered by the company include wheel arch inner, bonnet outer, locator shock absorber, and fuel tanks among others. The company generates the majority of its revenue from the sale of Sheet Metal.
53GF Score
Get the complete analysis for BOM:522207
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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