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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. Modern Engineering & Projects's annualized net income for the quarter that ended in Dec. 2025 was ₹135 Mil. Modern Engineering & Projects's average shareholder tangible equity for the quarter that ended in Dec. 2025 was ₹608 Mil. Therefore, Modern Engineering & Projects's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 22.18%.
The historical rank and industry rank for Modern Engineering & Projects's Return-on-Tangible-Equity or its related term are showing as below:
BOM:539762'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -191.36 Med: -4.51 Max: 31.42
Current: 31.42
During the past 13 years, Modern Engineering & Projects's highest Return-on-Tangible-Equity was 31.42%. The lowest was -191.36%. And the median was -4.51%.
BOM:539762's Return-on-Tangible-Equity is ranked better than 84.8% of 1710
companies
in the Construction industry
Industry Median: 8.145
vs BOM:539762: 31.42
Modern Engineering & Projects (BOM:539762) 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.
Modern Engineering & Projects Return-on-Tangible-Equity Related Terms
Modern Engineering & Projects 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.
Modern Engineering & Projects Return-on-Tangible-Equity Chart
BOM:539762 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Modern Engineering & Projects'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.
Modern Engineering & Projects Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Modern Engineering & Projects's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Modern Engineering & Projects'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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 22.18% mean?
Modern Engineering & Projects (BOM:539762) has a Return-on-Tangible-Equity of 22.18% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Modern Engineering & Projects and its competitors. According to the industry distribution chart, Modern Engineering & Projects ranks #260 out of 1710 companies in the Construction industry, placing it in the top 15.2%.
Is Modern Engineering & Projects' Return-on-Tangible-Equity too high?
Modern Engineering & Projects' current Return-on-Tangible-Equity is 22.18%. The Construction industry median Return-on-Tangible-Equity is 8.15. Modern Engineering & Projects' value of 22.18% is 172.3% above this industry median. Based on the distribution chart, Modern Engineering & Projects ranks #260 out of 1710 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Modern Engineering & Projects has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Modern Engineering & Projects' Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Modern Engineering & Projects ranks #260 out of 1710 companies for Return-on-Tangible-Equity. This places Modern Engineering & Projects in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.15. Modern Engineering & Projects' value of 22.18% is 172.3% above this benchmark. 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.15, based on 1,710 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. Modern Engineering & Projects's current Return-on-Tangible-Equity of 22.18% is 172.3% 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 Modern Engineering & Projects and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Engineering & Projects's current Return-on-Tangible-Equity is 22.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Engineering & Projects stock overvalued right now?
Modern Engineering & Projects (BOM:539762) has a current Return-on-Tangible-Equity of 22.18%. The current Return-on-Tangible-Equity is 22.18% and 172.3% above the Construction industry median of 8.15. Modern Engineering & Projects' overall GF Score™ is 46/100 with 5 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 Modern Engineering & Projects (BOM:539762), the current Return-on-Tangible-Equity is 22.18% as of Dec. 2025. 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.
Modern Engineering & Projects Ltd specializes in executing infrastructure projects, including transportation engineering and civil construction. The company undertakes contract-based projects that span road development, highway expansion, and related civil works in India. It operates in the single segment of Infrastructure and construction. Its revenue is generated from engineering, procurement and construction contracts (EPC).
46GF Score
Get the complete analysis for BOM:539762
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