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ABATE AS IndustriesBOM:531658 +2.23%21 Return-on-Tangible-Equity is 19.39% as of Mar. 2026, which is 5440% above its 10-year median of 0.35. GuruFocus rates BOM:531658 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 780 Capital Markets companies, ABATE AS Industries ranks better than 81.15% 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. ABATE AS Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹83 Mil. ABATE AS Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹426 Mil. Therefore, ABATE AS Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.39%.
The historical rank and industry rank for ABATE AS Industries's Return-on-Tangible-Equity or its related term are showing as below:
BOM:531658'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -190.22 Med: 0.35 Max: 25.74
Current: 25.74
During the past 13 years, ABATE AS Industries's highest Return-on-Tangible-Equity was 25.74%. The lowest was -190.22%. And the median was 0.35%.
BOM:531658's Return-on-Tangible-Equity is ranked better than 81.15% of 780
companies
in the Capital Markets industry
Industry Median: 6.52
vs BOM:531658: 25.74
ABATE AS Industries (BOM:531658) 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.
ABATE AS Industries Return-on-Tangible-Equity Related Terms
ABATE AS Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ABATE AS Industries'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.
ABATE AS Industries Return-on-Tangible-Equity Chart
BOM:531658 vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, ABATE AS Industries'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.
ABATE AS Industries Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, ABATE AS Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ABATE AS Industries'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 19.39% mean?
ABATE AS Industries (BOM:531658) has a Return-on-Tangible-Equity of 19.39% 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 ABATE AS Industries and its competitors. This is 5440% above median its historical median of 0.35. According to the industry distribution chart, ABATE AS Industries ranks #147 out of 780 companies in the Capital Markets industry, placing it in the top 18.8%.
Is ABATE AS Industries' Return-on-Tangible-Equity too high?
ABATE AS Industries' current Return-on-Tangible-Equity of 19.39% is 5440% above median its 10-year median of 0.35. The Capital Markets industry median Return-on-Tangible-Equity is 6.52. ABATE AS Industries' value of 19.39% is 197.4% above this industry median. Based on the distribution chart, ABATE AS Industries ranks #147 out of 780 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, ABATE AS Industries has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does ABATE AS Industries' Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, ABATE AS Industries ranks #147 out of 780 companies for Return-on-Tangible-Equity. This places ABATE AS Industries in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.52. ABATE AS Industries' value of 19.39% is 197.4% above this benchmark. While the company's 10-year median is 0.35 vs. the industry median of 6.52, ABATE AS Industries 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.52, based on 780 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. ABATE AS Industries's current Return-on-Tangible-Equity of 19.39% is 197.4% 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 ABATE AS Industries and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ABATE AS Industries's current Return-on-Tangible-Equity is 19.39%, which is 5440% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ABATE AS Industries stock overvalued right now?
ABATE AS Industries (BOM:531658) has a current Return-on-Tangible-Equity of 19.39%. The current Return-on-Tangible-Equity is 19.39%, which is 5440% above median its 10-year median of 0.35 and 197.4% above the Capital Markets industry median of 6.52. ABATE AS Industries' overall GF Score™ is 21/100 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 ABATE AS Industries (BOM:531658), the current Return-on-Tangible-Equity is 19.39% 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.
ABATE AS Industries Ltd is engaged in the business of design, construction and running of all kinds of hospitals, dispensaries, clinics, laboratories, and health clubs, manufacture, import, export, buy, sell, install, maintain, and improve all kinds of equipment and instrumentation for hospitals, dispensaries, clinics, laboratories and health clubs. The company derives the majority of its income from Interest Income.
21GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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