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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. Ahmedabad Steelcraft's annualized net income for the quarter that ended in Jun. 2026 was ₹60 Mil. Ahmedabad Steelcraft's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹1,317 Mil. Therefore, Ahmedabad Steelcraft's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 4.56%.
The historical rank and industry rank for Ahmedabad Steelcraft's Return-on-Tangible-Equity or its related term are showing as below:
BOM:522273'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.51 Med: -0.48 Max: 18.88
Current: 14.56
During the past 13 years, Ahmedabad Steelcraft's highest Return-on-Tangible-Equity was 18.88%. The lowest was -9.51%. And the median was -0.48%.
BOM:522273's Return-on-Tangible-Equity is ranked better than 84.8% of 612
companies
in the Steel industry
Industry Median: 4.695
vs BOM:522273: 14.56
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.
Ahmedabad Steelcraft Return-on-Tangible-Equity Related Terms
Ahmedabad Steelcraft Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ahmedabad Steelcraft'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:522273 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Ahmedabad Steelcraft'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.
Ahmedabad Steelcraft Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Ahmedabad Steelcraft's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ahmedabad Steelcraft'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 4.56% mean?
Ahmedabad Steelcraft (BOM:522273) has a Return-on-Tangible-Equity of 4.56% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ahmedabad Steelcraft and its competitors. According to the industry distribution chart, Ahmedabad Steelcraft ranks #93 out of 612 companies in the Steel industry, placing it in the top 15.2%.
Is Ahmedabad Steelcraft's Return-on-Tangible-Equity too high?
Ahmedabad Steelcraft's current Return-on-Tangible-Equity is 4.56%. The Steel industry median Return-on-Tangible-Equity is 4.70. Ahmedabad Steelcraft's value of 4.56% is 2.9% below this industry median. Based on the distribution chart, Ahmedabad Steelcraft ranks #93 out of 612 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Ahmedabad Steelcraft has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Ahmedabad Steelcraft's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Ahmedabad Steelcraft ranks #93 out of 612 companies for Return-on-Tangible-Equity. This places Ahmedabad Steelcraft in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.70. Ahmedabad Steelcraft's value of 4.56% is 2.9% below this benchmark. 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.70, based on 612 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. Ahmedabad Steelcraft's current Return-on-Tangible-Equity of 4.56% is 2.9% 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 Ahmedabad Steelcraft and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ahmedabad Steelcraft's current Return-on-Tangible-Equity is 4.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ahmedabad Steelcraft stock overvalued right now?
Ahmedabad Steelcraft (BOM:522273) has a current Return-on-Tangible-Equity of 4.56%. The current Return-on-Tangible-Equity is 4.56% and 2.9% below the Steel industry median of 4.70. Ahmedabad Steelcraft's overall GF Score™ is 43/100 with 5 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 Ahmedabad Steelcraft (BOM:522273), the current Return-on-Tangible-Equity is 4.56% as of Jun. 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.
Ahmedabad Steelcraft Ltd is engaged in the business of trading and exporting of steel windows and door sections. It offers various kinds of mild steel products, such as Sections, Angles, Flats, Flat bars and squares, Rounds, Beams, Channels, and Plates. The products are used in various industries like the steel angles are used in constructions, transmission and telecommunication towers and architectural applications; Steel Flat Bars are versatile product commonly used in fabrication work, for making frames and structures; and whereas the Plates have usages in a wide variety of application in all sectors of the Engineering Industries. It has two geographical segments: India and Other countries, Key revenue is generated from Other countries.
43GF Score
Get the complete analysis for BOM:522273
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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