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Chennai Ferrous IndustriesBOM:539011 -3.62%75 Return-on-Tangible-Equity is 14.26% as of Mar. 2026, which is 89% above its 10-year median of 7.55. GuruFocus rates BOM:539011 with a GF Score™ of 75/100 and a GF Value™ of ₹91.33 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 615 Steel companies, Chennai Ferrous Industries ranks better than 61.63% 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. Chennai Ferrous Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹79 Mil. Chennai Ferrous Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹554 Mil. Therefore, Chennai Ferrous Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.26%.
The historical rank and industry rank for Chennai Ferrous Industries's Return-on-Tangible-Equity or its related term are showing as below:
BOM:539011'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.98 Med: 7.55 Max: 157.92
Current: 6.31
During the past 13 years, Chennai Ferrous Industries's highest Return-on-Tangible-Equity was 157.92%. The lowest was 5.98%. And the median was 7.55%.
BOM:539011's Return-on-Tangible-Equity is ranked better than 61.63% of 615
companies
in the Steel industry
Industry Median: 4.23
vs BOM:539011: 6.31
Chennai Ferrous Industries (BOM:539011) 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.
Chennai Ferrous Industries Return-on-Tangible-Equity Related Terms
Chennai Ferrous Industries 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.
Chennai Ferrous Industries Return-on-Tangible-Equity Chart
BOM:539011 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Chennai Ferrous 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.
Chennai Ferrous Industries Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Chennai Ferrous Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chennai Ferrous 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 14.26% mean?
Chennai Ferrous Industries (BOM:539011) has a Return-on-Tangible-Equity of 14.26% 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 Chennai Ferrous Industries and its competitors. This is 89% above median its historical median of 7.55. Over the past decade, Chennai Ferrous Industries' Return-on-Tangible-Equity has ranged from 5.98 to 157.92. According to the industry distribution chart, Chennai Ferrous Industries ranks #236 out of 615 companies in the Steel industry, placing it in the top 38.4%.
Is Chennai Ferrous Industries' Return-on-Tangible-Equity too high?
Chennai Ferrous Industries' current Return-on-Tangible-Equity of 14.26% is 89% above median its 10-year median of 7.55. Over the past 10 years, this metric has ranged from a low of 5.98 to a high of 157.92. The Steel industry median Return-on-Tangible-Equity is 4.23. Chennai Ferrous Industries' value of 14.26% is 237.1% above this industry median. Based on the distribution chart, Chennai Ferrous Industries ranks #236 out of 615 companies in the Steel industry, which is above the industry midpoint. Overall, Chennai Ferrous Industries has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chennai Ferrous Industries' Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Chennai Ferrous Industries ranks #236 out of 615 companies for Return-on-Tangible-Equity. This puts Chennai Ferrous Industries in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.23. Chennai Ferrous Industries' value of 14.26% is 237.1% above this benchmark. Historically, Chennai Ferrous Industries' own Return-on-Tangible-Equity has ranged from 5.98 to 157.92 over the past decade. While the company's 10-year median is 7.55 vs. the industry median of 4.23, Chennai Ferrous 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.23, based on 615 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. Chennai Ferrous Industries's current Return-on-Tangible-Equity of 14.26% is 237.1% 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 Chennai Ferrous Industries and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chennai Ferrous Industries's current Return-on-Tangible-Equity is 14.26%, which is 89% above median its own 10-year median of 7.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chennai Ferrous Industries stock overvalued right now?
Based on GuruFocus' analysis, Chennai Ferrous Industries (BOM:539011) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹91.33, compared to a current price of ₹78.90 — trading 13.6% below its estimated fair value. The current Return-on-Tangible-Equity is 14.26%, which is 89% above median its 10-year median of 7.55 and 237.1% above the Steel industry median of 4.23. Chennai Ferrous Industries' overall GF Score™ is 75/100 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 Chennai Ferrous Industries (BOM:539011), the current Return-on-Tangible-Equity is 14.26% 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 Chennai Ferrous Industries (BOM:539011) Overvalued in 2026?
Based on GuruFocus' analysis, Chennai Ferrous Industries stock appears to be undervalued.
The current stock price of ₹78.90 is trading 13.6% below its estimated GF Value™ of ₹91.33.
GuruFocus considers Chennai Ferrous Industries to be Modestly Undervalued.
Key valuation signals for BOM:539011:
Return-on-Tangible-Equity: 14.26% (89% above median its 10-year median of 7.55)
GF Value™: ₹91.33 vs. price of ₹78.90 (13.6% below fair value)
Industry Position: 237.1% above the Steel median (#236 of 615)
No single metric tells the full story. See the BOM:539011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chennai Ferrous Industries Ltd, incorporated in 2010 and based in Gummidipoondi, Tamil Nadu, India, is engaged in the trading of iron and coal-related products. The company also operates the rental of its sponge iron plant. Its business activities includes providing steel-related commodities and services for metallurgical and industrial applications. The company has diversified its operations into coal trading activities. Chennai Ferrous serves customers prominently in India. The Company's revenue has derived from coal trading activities, supplemented by lease rental income from its Sponge Iron Plant, which has been leased out.
75GF Score
Get the complete analysis for BOM:539011
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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