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BMW IndustriesBOM:542669 -2.88%81 Return-on-Tangible-Equity is 16.54% as of Mar. 2026, which is 116% above its 10-year median of 7.65. GuruFocus rates BOM:542669 with a GF Score™ of 81/100 and a GF Value™ of ₹60.62 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 615 Steel companies, BMW Industries ranks better than 77.24% 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. BMW Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹1,326 Mil. BMW Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹8,016 Mil. Therefore, BMW Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.54%.
The historical rank and industry rank for BMW Industries's Return-on-Tangible-Equity or its related term are showing as below:
BOM:542669'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.96 Med: 7.65 Max: 10.78
Current: 10.65
During the past 13 years, BMW Industries's highest Return-on-Tangible-Equity was 10.78%. The lowest was -28.96%. And the median was 7.65%.
BOM:542669's Return-on-Tangible-Equity is ranked better than 77.24% of 615
companies
in the Steel industry
Industry Median: 4.23
vs BOM:542669: 10.65
BMW Industries (BOM:542669) 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.
BMW Industries Return-on-Tangible-Equity Related Terms
BMW Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for BMW Industries'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:542669 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, BMW 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.
BMW Industries Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, BMW Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where BMW 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 16.54% mean?
BMW Industries (BOM:542669) has a Return-on-Tangible-Equity of 16.54% 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 BMW Industries and its competitors. This is 116% above median its historical median of 7.65. According to the industry distribution chart, BMW Industries ranks #140 out of 615 companies in the Steel industry, placing it in the top 22.8%.
Is BMW Industries' Return-on-Tangible-Equity too high?
BMW Industries' current Return-on-Tangible-Equity of 16.54% is 116% above median its 10-year median of 7.65. The Steel industry median Return-on-Tangible-Equity is 4.23. BMW Industries' value of 16.54% is 291% above this industry median. Based on the distribution chart, BMW Industries ranks #140 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, BMW Industries has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BMW Industries' Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, BMW Industries ranks #140 out of 615 companies for Return-on-Tangible-Equity. This places BMW Industries in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.23. BMW Industries' value of 16.54% is 291% above this benchmark. While the company's 10-year median is 7.65 vs. the industry median of 4.23, BMW 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. BMW Industries's current Return-on-Tangible-Equity of 16.54% is 291% 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 BMW 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. BMW Industries's current Return-on-Tangible-Equity is 16.54%, which is 116% above median its own 10-year median of 7.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BMW Industries stock overvalued right now?
Based on GuruFocus' analysis, BMW Industries (BOM:542669) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹60.62, compared to a current price of ₹50.51 — trading 16.7% below its estimated fair value. The current Return-on-Tangible-Equity is 16.54%, which is 116% above median its 10-year median of 7.65 and 291% above the Steel industry median of 4.23. BMW Industries' overall GF Score™ is 81/100 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 BMW Industries (BOM:542669), the current Return-on-Tangible-Equity is 16.54% 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 BMW Industries (BOM:542669) Overvalued in 2026?
Based on GuruFocus' analysis, BMW Industries stock appears to be undervalued.
The current stock price of ₹50.51 is trading 16.7% below its estimated GF Value™ of ₹60.62.
GuruFocus considers BMW Industries to be Modestly Undervalued.
Key valuation signals for BOM:542669:
Return-on-Tangible-Equity: 16.54% (116% above median its 10-year median of 7.65)
GF Value™: ₹60.62 vs. price of ₹50.51 (16.7% below fair value)
Industry Position: 291% above the Steel median (#140 of 615)
No single metric tells the full story. See the BOM:542669 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BMW Industries Ltd is an Indian company involved in steel manufacturing and processing activity. It manufactures two types of products, Long products such as towers, structures, and TMT, and Flat products like pipes, galvanised plain, and galvanised corrugated. The company has one operating business segment viz, manufacturing, processing and selling of steel and steel products comprising of engineering and other products and services. Its product portfolio covers Rebars, HR sheets, slit coils, pipes, and poles, Bansal TMT, Bansal pipes, Full hard cold rolled coils, TMT rolling, and others. The company generates the majority of its revenue from the domestic market.
81GF Score
Get the complete analysis for BOM:542669
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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