Maestros Electronics & Telecommunications Systems (BOM:538401) Return-on-Tangible-Equity: 22.64% (As of Mar. 2026) — 145% Above Median

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BOM:538401 Maestros Electronics & Telecommunications Systems Ltd BOM:538401
69 GF Score
Price ₹145.70
GF Value ₹177.91
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Maestros Electronics & Telecommunications Systems Return-on-Tangible-Equity?

Maestros Electronics & Telecommunications Systems BOM:538401 -2.83% 69 Return-on-Tangible-Equity is 22.64% as of Mar. 2026, which is 145% above its 10-year median of 9.24. GuruFocus rates BOM:538401 with a GF Score™ of 69/100 and a GF Value™ of ₹177.91 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 758 Medical Devices & Instruments companies, Maestros Electronics & Telecommunications Systems ranks better than 83.77% 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. Maestros Electronics & Telecommunications Systems's annualized net income for the quarter that ended in Mar. 2026 was ₹93.9 Mil. Maestros Electronics & Telecommunications Systems's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹414.9 Mil. Therefore, Maestros Electronics & Telecommunications Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 22.64%.

The historical rank and industry rank for Maestros Electronics & Telecommunications Systems's Return-on-Tangible-Equity or its related term are showing as below:

BOM:538401' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.02   Med: 9.24   Max: 30.52
Current: 20.28

During the past 13 years, Maestros Electronics & Telecommunications Systems's highest Return-on-Tangible-Equity was 30.52%. The lowest was -2.02%. And the median was 9.24%.

BOM:538401's Return-on-Tangible-Equity is ranked better than
83.77% of 758 companies
in the Medical Devices & Instruments industry
Industry Median: 4.08 vs BOM:538401: 20.28

Maestros Electronics & Telecommunications Systems  (BOM:538401) 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.


Maestros Electronics & Telecommunications Systems Return-on-Tangible-Equity Related Terms


Maestros Electronics & Telecommunications Systems Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Maestros Electronics & Telecommunications Systems'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.

Maestros Electronics & Telecommunications Systems Return-on-Tangible-Equity Chart

Maestros Electronics & Telecommunications Systems Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.68 12.38 17.67 13.56 19.17

Maestros Electronics & Telecommunications Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.06 17.93 8.29 34.39 22.64

BOM:538401 vs ABT, SYK, MDT: Return-on-Tangible-Equity Comparison

For the Medical Devices subindustry, Maestros Electronics & Telecommunications Systems'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.


Maestros Electronics & Telecommunications Systems Return-on-Tangible-Equity vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Maestros Electronics & Telecommunications Systems's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Maestros Electronics & Telecommunications Systems's Return-on-Tangible-Equity falls into.


BOM:538401
69GF Score
Maestros Electronics & Telecommunications Systems Ltd BOM:538401
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maestros Electronics & Telecommunications Systems Return-on-Tangible-Equity Calculation

Maestros Electronics & Telecommunications Systems's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=72.541/( (342.071+414.929 )/ 2 )
=72.541/378.5
=19.17 %

Maestros Electronics & Telecommunications Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=93.92/( (0+414.929)/ 1 )
=93.92/414.929
=22.64 %

* 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 22.64% mean?
Maestros Electronics & Telecommunications Systems (BOM:538401) has a Return-on-Tangible-Equity of 22.64% 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 Maestros Electronics & Telecommunications Systems and its competitors. This is 145% above median its historical median of 9.24. According to the industry distribution chart, Maestros Electronics & Telecommunications Systems ranks #123 out of 758 companies in the Medical Devices & Instruments industry, placing it in the top 16.2%.
Is Maestros Electronics & Telecommunications Systems' Return-on-Tangible-Equity too high?
Maestros Electronics & Telecommunications Systems' current Return-on-Tangible-Equity of 22.64% is 145% above median its 10-year median of 9.24. The Medical Devices & Instruments industry median Return-on-Tangible-Equity is 4.08. Maestros Electronics & Telecommunications Systems' value of 22.64% is 454.9% above this industry median. Based on the distribution chart, Maestros Electronics & Telecommunications Systems ranks #123 out of 758 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Maestros Electronics & Telecommunications Systems has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maestros Electronics & Telecommunications Systems' Return-on-Tangible-Equity compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Maestros Electronics & Telecommunications Systems ranks #123 out of 758 companies for Return-on-Tangible-Equity. This places Maestros Electronics & Telecommunications Systems in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.08. Maestros Electronics & Telecommunications Systems' value of 22.64% is 454.9% above this benchmark. While the company's 10-year median is 9.24 vs. the industry median of 4.08, Maestros Electronics & Telecommunications Systems 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Equity among Medical Devices & Instruments companies is 4.08, based on 758 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. Maestros Electronics & Telecommunications Systems's current Return-on-Tangible-Equity of 22.64% is 454.9% 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 Maestros Electronics & Telecommunications Systems and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Equity is 4.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maestros Electronics & Telecommunications Systems's current Return-on-Tangible-Equity is 22.64%, which is 145% above median its own 10-year median of 9.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maestros Electronics & Telecommunications Systems stock overvalued right now?
Based on GuruFocus' analysis, Maestros Electronics & Telecommunications Systems (BOM:538401) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹177.91, compared to a current price of ₹145.70 — trading 18.1% below its estimated fair value. The current Return-on-Tangible-Equity is 22.64%, which is 145% above median its 10-year median of 9.24 and 454.9% above the Medical Devices & Instruments industry median of 4.08. Maestros Electronics & Telecommunications Systems' overall GF Score™ is 69/100 with 1 warning sign 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 Maestros Electronics & Telecommunications Systems (BOM:538401), the current Return-on-Tangible-Equity is 22.64% 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 Maestros Electronics & Telecommunications Systems (BOM:538401) Overvalued in 2026?

Based on GuruFocus' analysis, Maestros Electronics & Telecommunications Systems stock appears to be undervalued. The current stock price of ₹145.70 is trading 18.1% below its estimated GF Value™ of ₹177.91. GuruFocus considers Maestros Electronics & Telecommunications Systems to be Modestly Undervalued.

Key valuation signals for BOM:538401:

  • Return-on-Tangible-Equity: 22.64% (145% above median its 10-year median of 9.24)
  • GF Value™: ₹177.91 vs. price of ₹145.70 (18.1% below fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 454.9% above the Medical Devices & Instruments median (#123 of 758)

No single metric tells the full story. See the BOM:538401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maestros Electronics & Telecommunications Systems Business Description

Address Plot No. EL/66, TTC Industrial Area, Electronic Zone, Mahape, Navi Mumbai, MH, IND, 400710
Maestros Electronics & Telecommunications Systems Ltd is engaged in the business of manufacturing medical equipment and telemedicine. The company operates through three main segments of business: Medical, Electronics & Instrumentation, and Telemedicine. The company generates the majority of its revenue from the Medical segment. It is a medical diagnostic equipment organisation, dedicated to empowering medical professionals and institutions treating cardiac, gynaecology, and critical care patients nationwide. The group offers a portfolio of products and services, including patient monitors, electrocardiographs, defibrillators, pulse oximeters, fetal monitors, stress test systems, and others.
69GF Score

Get the complete analysis for BOM:538401

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹145.70
Price
₹177.91
GF Value