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JTL DefenceBOM:537254 36 Return-on-Tangible-Equity is -5.45% as of Jun. 2026. GuruFocus rates BOM:537254 with a GF Score™ of 36/100 and a GF Value™ of ₹53.51 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,385 Metals & Mining companies, JTL Defence ranks better than 99.96% 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. JTL Defence's annualized net income for the quarter that ended in Jun. 2026 was ₹-106.9 Mil. JTL Defence's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹1,962.1 Mil. Therefore, JTL Defence's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was -5.45%.
The historical rank and industry rank for JTL Defence's Return-on-Tangible-Equity or its related term are showing as below:
BOM:537254'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -538.58 Med: 8.02 Max: 34.13
Current: Negative Tangible Equity
During the past 13 years, JTL Defence's highest Return-on-Tangible-Equity was 34.13%. The lowest was -538.58%. And the median was 8.02%.
BOM:537254's Return-on-Tangible-Equity is ranked better than 99.96% of 2385
companies
in the Metals & Mining industry
Industry Median: -16.4
vs BOM:537254: Negative Tangible Equity
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.
JTL Defence Return-on-Tangible-Equity Related Terms
JTL Defence Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for JTL Defence'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:537254 vs SCCO, FCX: Return-on-Tangible-Equity Comparison
For the Copper subindustry, JTL Defence'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.
JTL Defence Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, JTL Defence's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where JTL Defence'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 -5.45% mean?
JTL Defence (BOM:537254) has a Return-on-Tangible-Equity of -5.45% 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 JTL Defence and its competitors. According to the industry distribution chart, JTL Defence ranks #1 out of 2385 companies in the Metals & Mining industry, placing it in the top 0%.
Is JTL Defence's Return-on-Tangible-Equity too high?
JTL Defence's current Return-on-Tangible-Equity is -5.45%. Based on the distribution chart, JTL Defence ranks #1 out of 2385 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, JTL Defence has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JTL Defence's Return-on-Tangible-Equity compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, JTL Defence ranks #1 out of 2385 companies for Return-on-Tangible-Equity. This places JTL Defence in the top 0% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. 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 JTL Defence and its competitors. JTL Defence's current Return-on-Tangible-Equity is -5.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTL Defence stock overvalued right now?
Based on GuruFocus' analysis, JTL Defence (BOM:537254) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹53.51, compared to a current price of ₹631.35 — trading 1079.9% above its estimated fair value. The current Return-on-Tangible-Equity is -5.45%. JTL Defence's overall GF Score™ is 36/100 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 JTL Defence (BOM:537254), the current Return-on-Tangible-Equity is -5.45% 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 JTL Defence (BOM:537254) Overvalued in 2026?
Based on GuruFocus' analysis, JTL Defence stock appears to be overvalued.
The current stock price of ₹631.35 is trading 1079.9% above its estimated GF Value™ of ₹53.51.
GuruFocus considers JTL Defence to be Significantly Overvalued.
Key valuation signals for BOM:537254:
Return-on-Tangible-Equity: -5.45%
GF Value™: ₹53.51 vs. price of ₹631.35 (1079.9% above fair value)
No single metric tells the full story. See the BOM:537254 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JTL Defence Ltd, formerly RCI Industries & Technologies Ltd is principally engaged in the manufacturing of copper and copper products. The main objective of the company is to manufacture, import, export, trade, and deal in all types of metal and metal products. Its product range includes Round and Flat Rolled Copper and Copper Alloys, which are used for various electrical and industrial applications in different industries, such as automobile, engineering, defense, construction, electronics, and others. The majority of the company's revenue is derived from the sales of its products in the domestic market.
36GF Score
Get the complete analysis for BOM:537254
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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