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.
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. Advance Metering Technology's annualized net income for the quarter that ended in Mar. 2026 was ₹-250.6 Mil. Advance Metering Technology's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹795.6 Mil. Therefore, Advance Metering Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -31.50%.
The historical rank and industry rank for Advance Metering Technology's Return-on-Tangible-Equity or its related term are showing as below:
BOM:534612'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.43 Med: -4.24 Max: 5.6
Current: -11.7
During the past 13 years, Advance Metering Technology's highest Return-on-Tangible-Equity was 5.60%. The lowest was -16.43%. And the median was -4.24%.
BOM:534612's Return-on-Tangible-Equity is ranked worse than 87.19% of 2975
companies
in the Industrial Products industry
Industry Median: 6.86
vs BOM:534612: -11.70
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.
Advance Metering Technology Return-on-Tangible-Equity Related Terms
Advance Metering Technology Return-on-Tangible-Equity Historical Data
* 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:534612 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Advance Metering Technology'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.
Advance Metering Technology Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Advance Metering Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Advance Metering Technology'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 -31.50% mean?
Advance Metering Technology (BOM:534612) has a Return-on-Tangible-Equity of -31.50% 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 Advance Metering Technology and its competitors. According to the industry distribution chart, Advance Metering Technology ranks #2594 out of 2975 companies in the Industrial Products industry, placing it in the top 87.2%.
Is Advance Metering Technology's Return-on-Tangible-Equity too high?
Advance Metering Technology's current Return-on-Tangible-Equity is -31.50%. Based on the distribution chart, Advance Metering Technology ranks #2594 out of 2975 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Advance Metering Technology has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advance Metering Technology's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Advance Metering Technology ranks #2594 out of 2975 companies for Return-on-Tangible-Equity. This places Advance Metering Technology in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.86. 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 6.86, based on 2,975 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. 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 Advance Metering Technology and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advance Metering Technology's current Return-on-Tangible-Equity is -31.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Metering Technology stock overvalued right now?
Based on GuruFocus' analysis, Advance Metering Technology (BOM:534612) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹23.04, compared to a current price of ₹19.62 — trading 14.8% below its estimated fair value. The current Return-on-Tangible-Equity is -31.50%. Advance Metering Technology's overall GF Score™ is 57/100 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 Advance Metering Technology (BOM:534612), the current Return-on-Tangible-Equity is -31.50% 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 Advance Metering Technology (BOM:534612) Overvalued in 2026?
Based on GuruFocus' analysis, Advance Metering Technology stock appears to be undervalued.
The current stock price of ₹19.62 is trading 14.8% below its estimated GF Value™ of ₹23.04.
GuruFocus considers Advance Metering Technology to be Modestly Undervalued.
Key valuation signals for BOM:534612:
Return-on-Tangible-Equity: -31.50%
GF Value™: ₹23.04 vs. price of ₹19.62 (14.8% below fair value)
No single metric tells the full story. See the BOM:534612 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advance Metering Technology Ltd is engaged in manufacturing and selling energy meters and providing related technical services. It also generates renewable power through windmills and other sources. The company operates in two segments: Renewable Power Generation, which sells electricity generated from wind, and Energy Meters & Others, which includes energy meter sales, rental income, installation services, estate management, and EPC work. Key business areas include meters, smart meters, molding & plastic, contract manufacturing/OEM, CT & LTCT sensors, EMS services, and power generation. The majority of its revenue comes from the Energy Meters & Others segment.
57GF Score
Get the complete analysis for BOM:534612
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:534612 has been successfully added to your 
