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Shalimar Wires IndustriesBOM:532455 +3.90%65 Return-on-Tangible-Equity is 21.52% as of Mar. 2026, which is 955% above its 10-year median of 2.04. GuruFocus rates BOM:532455 with a GF Score™ of 65/100 and a GF Value™ of ₹24.08 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 279 Forest Products companies, Shalimar Wires Industries ranks better than 91.04% 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. Shalimar Wires Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹93 Mil. Shalimar Wires Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹431 Mil. Therefore, Shalimar Wires Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 21.52%.
The historical rank and industry rank for Shalimar Wires Industries's Return-on-Tangible-Equity or its related term are showing as below:
BOM:532455'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -48.68 Med: 2.04 Max: 22.36
Current: 14.59
During the past 13 years, Shalimar Wires Industries's highest Return-on-Tangible-Equity was 22.36%. The lowest was -48.68%. And the median was 2.04%.
BOM:532455's Return-on-Tangible-Equity is ranked better than 91.04% of 279
companies
in the Forest Products industry
Industry Median: 2.2
vs BOM:532455: 14.59
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.
Shalimar Wires Industries Return-on-Tangible-Equity Related Terms
Shalimar Wires Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shalimar Wires 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.
For the Paper & Paper Products subindustry, Shalimar Wires 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.
Shalimar Wires Industries Return-on-Tangible-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Shalimar Wires Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shalimar Wires 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 21.52% mean?
Shalimar Wires Industries (BOM:532455) has a Return-on-Tangible-Equity of 21.52% 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 Shalimar Wires Industries and its competitors. This is 955% above median its historical median of 2.04. According to the industry distribution chart, Shalimar Wires Industries ranks #25 out of 279 companies in the Forest Products industry, placing it in the top 9%.
Is Shalimar Wires Industries' Return-on-Tangible-Equity too high?
Shalimar Wires Industries' current Return-on-Tangible-Equity of 21.52% is 955% above median its 10-year median of 2.04. The Forest Products industry median Return-on-Tangible-Equity is 2.20. Shalimar Wires Industries' value of 21.52% is 878.2% above this industry median. Based on the distribution chart, Shalimar Wires Industries ranks #25 out of 279 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shalimar Wires Industries has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shalimar Wires Industries' Return-on-Tangible-Equity compare to competitors?
According to the Forest Products industry distribution chart, Shalimar Wires Industries ranks #25 out of 279 companies for Return-on-Tangible-Equity. This places Shalimar Wires Industries in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 2.20. Shalimar Wires Industries' value of 21.52% is 878.2% above this benchmark. While the company's 10-year median is 2.04 vs. the industry median of 2.20, Shalimar Wires 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.20, based on 279 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. Shalimar Wires Industries's current Return-on-Tangible-Equity of 21.52% is 878.2% 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 Shalimar Wires Industries and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shalimar Wires Industries's current Return-on-Tangible-Equity is 21.52%, which is 955% above median its own 10-year median of 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shalimar Wires Industries stock overvalued right now?
Based on GuruFocus' analysis, Shalimar Wires Industries (BOM:532455) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹24.08, compared to a current price of ₹19.17 — trading 20.4% below its estimated fair value. The current Return-on-Tangible-Equity is 21.52%, which is 955% above median its 10-year median of 2.04 and 878.2% above the Forest Products industry median of 2.20. Shalimar Wires Industries' overall GF Score™ is 65/100 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 Shalimar Wires Industries (BOM:532455), the current Return-on-Tangible-Equity is 21.52% 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 Shalimar Wires Industries (BOM:532455) Overvalued in 2026?
Based on GuruFocus' analysis, Shalimar Wires Industries stock appears to be undervalued.
The current stock price of ₹19.17 is trading 20.4% below its estimated GF Value™ of ₹24.08.
GuruFocus considers Shalimar Wires Industries to be Modestly Undervalued.
Key valuation signals for BOM:532455:
Return-on-Tangible-Equity: 21.52% (955% above median its 10-year median of 2.04)
GF Value™: ₹24.08 vs. price of ₹19.17 (20.4% below fair value)
Industry Position: 878.2% above the Forest Products median (#25 of 279)
No single metric tells the full story. See the BOM:532455 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shalimar Wires Industries Ltd manufactures paper mill products. The product portfolio of the company includes Forming Fabric, Metallic Wire Cloth, Dandy Roll, Synthetic Woven Fabrics, and Accessories etc. The company also provides stainless steel sieve mesh used in cylinder mould paper machines, fiber cement mills, and pulp mills.
65GF Score
Get the complete analysis for BOM:532455
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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