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Creative CastingsBOM:539527 -0.85%83 Return-on-Tangible-Equity is 8.95% as of Mar. 2026, which is 29% below its 10-year median of 12.61. GuruFocus rates BOM:539527 with a GF Score™ of 83/100 and a GF Value™ of ₹699.12 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 615 Steel companies, Creative Castings ranks better than 74.47% 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. Creative Castings's annualized net income for the quarter that ended in Mar. 2026 was ₹40.8 Mil. Creative Castings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹455.6 Mil. Therefore, Creative Castings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.95%.
The historical rank and industry rank for Creative Castings's Return-on-Tangible-Equity or its related term are showing as below:
BOM:539527'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.97 Med: 12.61 Max: 14.54
Current: 10.05
During the past 12 years, Creative Castings's highest Return-on-Tangible-Equity was 14.54%. The lowest was 8.97%. And the median was 12.61%.
BOM:539527's Return-on-Tangible-Equity is ranked better than 74.47% of 615
companies
in the Steel industry
Industry Median: 4.23
vs BOM:539527: 10.05
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.
Creative Castings Return-on-Tangible-Equity Related Terms
Creative Castings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Creative Castings'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:539527 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Creative Castings'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.
Creative Castings Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Creative Castings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Creative Castings'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 8.95% mean?
Creative Castings (BOM:539527) has a Return-on-Tangible-Equity of 8.95% 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 Creative Castings and its competitors. This is 29% below median its historical median of 12.61. Over the past decade, Creative Castings' Return-on-Tangible-Equity has ranged from 8.97 to 14.54. According to the industry distribution chart, Creative Castings ranks #157 out of 615 companies in the Steel industry, placing it in the top 25.5%.
Is Creative Castings' Return-on-Tangible-Equity too high?
Creative Castings' current Return-on-Tangible-Equity of 8.95% is 29% below median its 10-year median of 12.61. Over the past 10 years, this metric has ranged from a low of 8.97 to a high of 14.54. The Steel industry median Return-on-Tangible-Equity is 4.23. Creative Castings' value of 8.95% is 111.6% above this industry median. Based on the distribution chart, Creative Castings ranks #157 out of 615 companies in the Steel industry, which is above the industry midpoint. Overall, Creative Castings has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Creative Castings' Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Creative Castings ranks #157 out of 615 companies for Return-on-Tangible-Equity. This puts Creative Castings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.23. Creative Castings' value of 8.95% is 111.6% above this benchmark. Historically, Creative Castings' own Return-on-Tangible-Equity has ranged from 8.97 to 14.54 over the past decade. While the company's 10-year median is 12.61 vs. the industry median of 4.23, Creative Castings 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. Creative Castings's current Return-on-Tangible-Equity of 8.95% is 111.6% 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 Creative Castings 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. Creative Castings's current Return-on-Tangible-Equity is 8.95%, which is 29% below median its own 10-year median of 12.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Creative Castings stock overvalued right now?
Based on GuruFocus' analysis, Creative Castings (BOM:539527) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹699.12, compared to a current price of ₹598.35 — trading 14.4% below its estimated fair value. The current Return-on-Tangible-Equity is 8.95%, which is 29% below median its 10-year median of 12.61 and 111.6% above the Steel industry median of 4.23. Creative Castings' overall GF Score™ is 83/100 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 Creative Castings (BOM:539527), the current Return-on-Tangible-Equity is 8.95% 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 Creative Castings (BOM:539527) Overvalued in 2026?
Based on GuruFocus' analysis, Creative Castings stock appears to be undervalued.
The current stock price of ₹598.35 is trading 14.4% below its estimated GF Value™ of ₹699.12.
GuruFocus considers Creative Castings to be Modestly Undervalued.
Key valuation signals for BOM:539527:
Return-on-Tangible-Equity: 8.95% (29% below median its 10-year median of 12.61)
GF Value™: ₹699.12 vs. price of ₹598.35 (14.4% below fair value)
Industry Position: 111.6% above the Steel median (#157 of 615)
No single metric tells the full story. See the BOM:539527 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Creative Castings Ltd is engaged in manufacturing and exporting steel and alloy steel investment casting. The company manufactures both ferrous and non-ferrous castings. It is also engaged in generating power from wind energy. The company's operating segment includes Castings and Wind Turbine Power Generation. It derives maximum revenue from the Investment Castings segment. Geographically, it generates a majority of revenue from Overseas. The company serves the pump and valve industries, oil and refineries, general engineering, electrical engineering, fire control equipment, medical implants, agricultural machinery, defense industries, etc.
83GF Score
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