Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Eimco Elecon IndiaBOM:523708 -0.53%77 Return-on-Tangible-Equity is 13.40% as of Jun. 2026, which is 98% above its 10-year median of 6.77. GuruFocus rates BOM:523708 with a GF Score™ of 77/100 and a GF Value™ of ₹1,897.11 (Fairly Valued). The stock has 6 warning signs investors should review. Among 199 Farm & Heavy Construction Machinery companies, Eimco Elecon India ranks worse than 52.26% 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. Eimco Elecon India's annualized net income for the quarter that ended in Jun. 2026 was ₹615 Mil. Eimco Elecon India's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹4,590 Mil. Therefore, Eimco Elecon India's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 13.40%.
The historical rank and industry rank for Eimco Elecon India's Return-on-Tangible-Equity or its related term are showing as below:
BOM:523708'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.75 Med: 6.77 Max: 12.3
Current: 9
During the past 13 years, Eimco Elecon India's highest Return-on-Tangible-Equity was 12.30%. The lowest was 2.75%. And the median was 6.77%.
BOM:523708's Return-on-Tangible-Equity is ranked worse than 52.26% of 199
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.26
vs BOM:523708: 9.00
Eimco Elecon India (BOM:523708) 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.
Eimco Elecon India Return-on-Tangible-Equity Related Terms
Eimco Elecon India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Eimco Elecon India'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.
Eimco Elecon India Return-on-Tangible-Equity Chart
BOM:523708 vs CAT, DE, PCAR: Return-on-Tangible-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, Eimco Elecon 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.
Eimco Elecon India Return-on-Tangible-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Eimco Elecon India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Eimco Elecon 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 (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 13.40% mean?
Eimco Elecon India (BOM:523708) has a Return-on-Tangible-Equity of 13.40% 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 Eimco Elecon India and its competitors. This is 98% above median its historical median of 6.77. Over the past decade, Eimco Elecon India's Return-on-Tangible-Equity has ranged from 2.75 to 12.30. According to the industry distribution chart, Eimco Elecon India ranks #104 out of 199 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 52.3%.
Is Eimco Elecon India's Return-on-Tangible-Equity too high?
Eimco Elecon India's current Return-on-Tangible-Equity of 13.40% is 98% above median its 10-year median of 6.77. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 12.30. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Equity is 9.26. Eimco Elecon India's value of 13.40% is 44.7% above this industry median. Based on the distribution chart, Eimco Elecon India ranks #104 out of 199 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Eimco Elecon India has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eimco Elecon India's Return-on-Tangible-Equity compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Eimco Elecon India ranks #104 out of 199 companies for Return-on-Tangible-Equity. This places Eimco Elecon India in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.26. Eimco Elecon India's value of 13.40% is 44.7% above this benchmark. Historically, Eimco Elecon India's own Return-on-Tangible-Equity has ranged from 2.75 to 12.30 over the past decade. While the company's 10-year median is 6.77 vs. the industry median of 9.26, Eimco Elecon India 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 a Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Equity among Farm & Heavy Construction Machinery companies is 9.26, based on 199 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. Eimco Elecon India's current Return-on-Tangible-Equity of 13.40% is 44.7% 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 Eimco Elecon India and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Equity is 9.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eimco Elecon India's current Return-on-Tangible-Equity is 13.40%, which is 98% above median its own 10-year median of 6.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eimco Elecon India stock overvalued right now?
Based on GuruFocus' analysis, Eimco Elecon India (BOM:523708) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,897.11, compared to a current price of ₹1,788.15 — trading 5.7% below its estimated fair value. The current Return-on-Tangible-Equity is 13.40%, which is 98% above median its 10-year median of 6.77 and 44.7% above the Farm & Heavy Construction Machinery industry median of 9.26. Eimco Elecon India's overall GF Score™ is 77/100 with 6 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 Eimco Elecon India (BOM:523708), the current Return-on-Tangible-Equity is 13.40% 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.
Is Eimco Elecon India (BOM:523708) Overvalued in 2026?
Based on GuruFocus' analysis, Eimco Elecon India stock appears to be undervalued.
The current stock price of ₹1,788.15 is trading 5.7% below its estimated GF Value™ of ₹1,897.11.
GuruFocus considers Eimco Elecon India to be Fairly Valued.
Key valuation signals for BOM:523708:
Return-on-Tangible-Equity: 13.40% (98% above median its 10-year median of 6.77)
GF Value™: ₹1,897.11 vs. price of ₹1,788.15 (5.7% below fair value)
Industry Position: 44.7% above the Farm & Heavy Construction Machinery median (#104 of 199)
No single metric tells the full story. See the BOM:523708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eimco Elecon India Ltd is engaged in the business of manufacturing and supplying equipment for the mining and construction sector. Its products include Load Haul Dumpers (LHDs), Side Dump Loaders, Coal Haulers, Drilling Equipment, Continuous Miner Package, Chair Lift Man Riding System, UV-A-BE (Fully Battery Operated - Multi Utility Vehicle), and MCAR-E (Fully Battery Operated - Passenger Vehicle). The company operates in one segment, Machinery and Spares. It sells its products in India, which generates the majority of revenue, and also exports them to other countries.
77GF Score
Get the complete analysis for BOM:523708
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:523708 has been successfully added to your 
