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Shivagrico ImplementsBOM:522237 -0.19%65 Return-on-Tangible-Equity is 6.71% as of Mar. 2026, which is 469% above its 10-year median of 1.18. GuruFocus rates BOM:522237 with a GF Score™ of 65/100 and a GF Value™ of ₹29.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,969 Industrial Products companies, Shivagrico Implements ranks worse than 58.24% 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. Shivagrico Implements's annualized net income for the quarter that ended in Mar. 2026 was ₹5.6 Mil. Shivagrico Implements's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹82.9 Mil. Therefore, Shivagrico Implements's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.71%.
The historical rank and industry rank for Shivagrico Implements's Return-on-Tangible-Equity or its related term are showing as below:
BOM:522237'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.81 Med: 1.18 Max: 11.54
Current: 4.79
During the past 13 years, Shivagrico Implements's highest Return-on-Tangible-Equity was 11.54%. The lowest was -11.81%. And the median was 1.18%.
BOM:522237's Return-on-Tangible-Equity is ranked worse than 58.24% of 2969
companies
in the Industrial Products industry
Industry Median: 6.76
vs BOM:522237: 4.79
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.
Shivagrico Implements Return-on-Tangible-Equity Related Terms
Shivagrico Implements Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shivagrico Implements'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:522237 vs SNA, RBC, LECO: Return-on-Tangible-Equity Comparison
For the Tools & Accessories subindustry, Shivagrico Implements'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.
Shivagrico Implements Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shivagrico Implements's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shivagrico Implements'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 6.71% mean?
Shivagrico Implements (BOM:522237) has a Return-on-Tangible-Equity of 6.71% 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 Shivagrico Implements and its competitors. This is 469% above median its historical median of 1.18. According to the industry distribution chart, Shivagrico Implements ranks #1729 out of 2969 companies in the Industrial Products industry, placing it in the top 58.2%.
Is Shivagrico Implements' Return-on-Tangible-Equity too high?
Shivagrico Implements' current Return-on-Tangible-Equity of 6.71% is 469% above median its 10-year median of 1.18. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Shivagrico Implements' value of 6.71% is 0.7% below this industry median. Based on the distribution chart, Shivagrico Implements ranks #1729 out of 2969 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shivagrico Implements has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shivagrico Implements' Return-on-Tangible-Equity compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Shivagrico Implements ranks #1729 out of 2969 companies for Return-on-Tangible-Equity. This places Shivagrico Implements in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.76. Shivagrico Implements' value of 6.71% is 0.7% below this benchmark. While the company's 10-year median is 1.18 vs. the industry median of 6.76, Shivagrico Implements 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, based on 2,969 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. Shivagrico Implements's current Return-on-Tangible-Equity of 6.71% is 0.7% 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 Shivagrico Implements 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. Shivagrico Implements's current Return-on-Tangible-Equity is 6.71%, which is 469% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivagrico Implements stock overvalued right now?
Based on GuruFocus' analysis, Shivagrico Implements (BOM:522237) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹29.01, compared to a current price of ₹25.95 — trading 10.5% below its estimated fair value. The current Return-on-Tangible-Equity is 6.71%, which is 469% above median its 10-year median of 1.18 and 0.7% below the Industrial Products industry median of 6.76. Shivagrico Implements' overall GF Score™ is 65/100 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 Shivagrico Implements (BOM:522237), the current Return-on-Tangible-Equity is 6.71% 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 Shivagrico Implements (BOM:522237) Overvalued in 2026?
Based on GuruFocus' analysis, Shivagrico Implements stock appears to be undervalued.
The current stock price of ₹25.95 is trading 10.5% below its estimated GF Value™ of ₹29.01.
GuruFocus considers Shivagrico Implements to be Modestly Undervalued.
Key valuation signals for BOM:522237:
Return-on-Tangible-Equity: 6.71% (469% above median its 10-year median of 1.18)
GF Value™: ₹29.01 vs. price of ₹25.95 (10.5% below fair value)
Industry Position: 0.7% below the Industrial Products median (#1729 of 2969)
No single metric tells the full story. See the BOM:522237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shivagrico Implements Ltd mainly deals in the rolling and forging of agricultural implements and other products. Its product portfolio comprises hot-rolled flats, bars, rounds, angles, and more, for both market sales as well as for captive self-consumption. In addition, it offers various hand tools and implements such as pickaxes of different types, crowbars, digging bars, hoes, pick mattocks, etc. The company is engaged in a single operating segment, the Rolling and Forging division. Geographically, the company derives maximum revenue from its business in India, and also has some exposure to overseas markets.
65GF Score
Get the complete analysis for BOM:522237
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