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Laxmipati Engineering WorksBOM:537669 65 Return-on-Tangible-Equity is 205.32% as of Mar. 2026, which is 2915% above its 10-year median of 6.81. GuruFocus rates BOM:537669 with a GF Score™ of 65/100 and a GF Value™ of ₹322.13 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 336 Aerospace & Defense companies, Laxmipati Engineering Works ranks better than 89.58% 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. Laxmipati Engineering Works's annualized net income for the quarter that ended in Mar. 2026 was ₹483.1 Mil. Laxmipati Engineering Works's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹235.3 Mil. Therefore, Laxmipati Engineering Works's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 205.32%.
The historical rank and industry rank for Laxmipati Engineering Works's Return-on-Tangible-Equity or its related term are showing as below:
BOM:537669'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -129.09 Med: 6.81 Max: 145.79
Current: 145.79
During the past 13 years, Laxmipati Engineering Works's highest Return-on-Tangible-Equity was 145.79%. The lowest was -129.09%. And the median was 6.81%.
BOM:537669's Return-on-Tangible-Equity is ranked better than 89.58% of 336
companies
in the Aerospace & Defense industry
Industry Median: 8
vs BOM:537669: 145.79
Laxmipati Engineering Works (BOM:537669) 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.
Laxmipati Engineering Works Return-on-Tangible-Equity Related Terms
Laxmipati Engineering Works 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.
Laxmipati Engineering Works Return-on-Tangible-Equity Chart
BOM:537669 vs SPCX, GE, RTX: Return-on-Tangible-Equity Comparison
For the Aerospace & Defense subindustry, Laxmipati Engineering Works'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.
Laxmipati Engineering Works Return-on-Tangible-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Laxmipati Engineering Works's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Laxmipati Engineering Works'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 two times the semi-annual (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 205.32% mean?
Laxmipati Engineering Works (BOM:537669) has a Return-on-Tangible-Equity of 205.32% 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 Laxmipati Engineering Works and its competitors. This is 2915% above median its historical median of 6.81. According to the industry distribution chart, Laxmipati Engineering Works ranks #35 out of 336 companies in the Aerospace & Defense industry, placing it in the top 10.4%.
Is Laxmipati Engineering Works' Return-on-Tangible-Equity too high?
Laxmipati Engineering Works' current Return-on-Tangible-Equity of 205.32% is 2915% above median its 10-year median of 6.81. The Aerospace & Defense industry median Return-on-Tangible-Equity is 8.00. Laxmipati Engineering Works' value of 205.32% is 2466.5% above this industry median. Based on the distribution chart, Laxmipati Engineering Works ranks #35 out of 336 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Laxmipati Engineering Works has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Laxmipati Engineering Works' Return-on-Tangible-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Laxmipati Engineering Works ranks #35 out of 336 companies for Return-on-Tangible-Equity. This places Laxmipati Engineering Works in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.00. Laxmipati Engineering Works' value of 205.32% is 2466.5% above this benchmark. While the company's 10-year median is 6.81 vs. the industry median of 8.00, Laxmipati Engineering Works 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 an Aerospace & Defense company?
The median Return-on-Tangible-Equity among Aerospace & Defense companies is 8.00, based on 336 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. Laxmipati Engineering Works's current Return-on-Tangible-Equity of 205.32% is 2466.5% 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 Laxmipati Engineering Works and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Equity is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmipati Engineering Works's current Return-on-Tangible-Equity is 205.32%, which is 2915% above median its own 10-year median of 6.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmipati Engineering Works stock overvalued right now?
Based on GuruFocus' analysis, Laxmipati Engineering Works (BOM:537669) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹322.13, compared to a current price of ₹500.00 — trading 55.2% above its estimated fair value. The current Return-on-Tangible-Equity is 205.32%, which is 2915% above median its 10-year median of 6.81 and 2466.5% above the Aerospace & Defense industry median of 8.00. Laxmipati Engineering Works' overall GF Score™ is 65/100 with 2 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 Laxmipati Engineering Works (BOM:537669), the current Return-on-Tangible-Equity is 205.32% 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 Laxmipati Engineering Works (BOM:537669) Overvalued in 2026?
Based on GuruFocus' analysis, Laxmipati Engineering Works stock appears to be overvalued.
The current stock price of ₹500.00 is trading 55.2% above its estimated GF Value™ of ₹322.13.
GuruFocus considers Laxmipati Engineering Works to be Significantly Overvalued.
Key valuation signals for BOM:537669:
Return-on-Tangible-Equity: 205.32% (2915% above median its 10-year median of 6.81)
GF Value™: ₹322.13 vs. price of ₹500.00 (55.2% above fair value)
Industry Position: 2466.5% above the Aerospace & Defense median (#35 of 336)
No single metric tells the full story. See the BOM:537669 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Laxmipati Engineering Works Ltd is engaged in the business of fabrication, heavy engineering, engineering infrastructure and services, and shut down maintenance projects. The company has two segments: Fabrication and Shipyard.
65GF Score
Get the complete analysis for BOM:537669
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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