Markolines Pavement Technologies (BOM:543364) Return-on-Tangible-Equity: 22.54% (As of Mar. 2026) — 18% Above Median

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BOM:543364 Markolines Pavement Technologies Ltd BOM:543364
84 GF Score
Price ₹176.75
GF Value ₹165.39
Valuation Fairly Valued
! 9 Warning Signs
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What is Markolines Pavement Technologies Return-on-Tangible-Equity?

Markolines Pavement Technologies BOM:543364 +0.34% 84 Return-on-Tangible-Equity is 22.54% as of Mar. 2026, which is 18% above its 10-year median of 19.06. GuruFocus rates BOM:543364 with a GF Score™ of 84/100 and a GF Value™ of ₹165.39 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,710 Construction companies, Markolines Pavement Technologies ranks better than 67.6% 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. Markolines Pavement Technologies's annualized net income for the quarter that ended in Mar. 2026 was ₹454 Mil. Markolines Pavement Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹2,016 Mil. Therefore, Markolines Pavement Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 22.54%.

The historical rank and industry rank for Markolines Pavement Technologies's Return-on-Tangible-Equity or its related term are showing as below:

BOM:543364' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.91   Med: 19.06   Max: 43.66
Current: 14.07

During the past 8 years, Markolines Pavement Technologies's highest Return-on-Tangible-Equity was 43.66%. The lowest was 13.91%. And the median was 19.06%.

BOM:543364's Return-on-Tangible-Equity is ranked better than
67.6% of 1710 companies
in the Construction industry
Industry Median: 8.145 vs BOM:543364: 14.07

Markolines Pavement Technologies  (BOM:543364) 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.


Markolines Pavement Technologies Return-on-Tangible-Equity Related Terms


Markolines Pavement Technologies Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Markolines Pavement Technologies'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.

Markolines Pavement Technologies Return-on-Tangible-Equity Chart

Markolines Pavement Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial 21.10 20.14 18.56 16.43 13.91

Markolines Pavement Technologies Quarterly Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 28.03 8.64 8.96 15.36 22.54

Markolines Pavement Technologies Return-on-Tangible-Equity Competitor Comparison

For the Infrastructure Operations subindustry, Markolines Pavement Technologies'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.


Markolines Pavement Technologies Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, Markolines Pavement Technologies's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Markolines Pavement Technologies's Return-on-Tangible-Equity falls into.


BOM:543364
84GF Score
Markolines Pavement Technologies Ltd BOM:543364
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Markolines Pavement Technologies Return-on-Tangible-Equity Calculation

Markolines Pavement Technologies'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 )
=262.294/( (1754.178+2016.46 )/ 2 )
=262.294/1885.319
=13.91 %

Markolines Pavement Technologies'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 )
=454.472/( (0+2016.46)/ 1 )
=454.472/2016.46
=22.54 %

* 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 22.54% mean?
Markolines Pavement Technologies (BOM:543364) has a Return-on-Tangible-Equity of 22.54% 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 Markolines Pavement Technologies and its competitors. This is 18% above median its historical median of 19.06. Over the past decade, Markolines Pavement Technologies' Return-on-Tangible-Equity has ranged from 13.91 to 43.66. According to the industry distribution chart, Markolines Pavement Technologies ranks #554 out of 1710 companies in the Construction industry, placing it in the top 32.4%.
Is Markolines Pavement Technologies' Return-on-Tangible-Equity too high?
Markolines Pavement Technologies' current Return-on-Tangible-Equity of 22.54% is 18% above median its 10-year median of 19.06. Over the past 10 years, this metric has ranged from a low of 13.91 to a high of 43.66. The Construction industry median Return-on-Tangible-Equity is 8.15. Markolines Pavement Technologies' value of 22.54% is 176.7% above this industry median. Based on the distribution chart, Markolines Pavement Technologies ranks #554 out of 1710 companies in the Construction industry, which is above the industry midpoint. Overall, Markolines Pavement Technologies has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Markolines Pavement Technologies' Return-on-Tangible-Equity compare to competitors?
According to the Construction industry distribution chart, Markolines Pavement Technologies ranks #554 out of 1710 companies for Return-on-Tangible-Equity. This puts Markolines Pavement Technologies in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.15. Markolines Pavement Technologies' value of 22.54% is 176.7% above this benchmark. Historically, Markolines Pavement Technologies' own Return-on-Tangible-Equity has ranged from 13.91 to 43.66 over the past decade. While the company's 10-year median is 19.06 vs. the industry median of 8.15, Markolines Pavement Technologies 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 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. Markolines Pavement Technologies's current Return-on-Tangible-Equity of 22.54% is 176.7% 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 Markolines Pavement Technologies 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. Markolines Pavement Technologies's current Return-on-Tangible-Equity is 22.54%, which is 18% above median its own 10-year median of 19.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Markolines Pavement Technologies stock overvalued right now?
Based on GuruFocus' analysis, Markolines Pavement Technologies (BOM:543364) is currently considered Fairly Valued. The stock's GF Value™ is ₹165.39, compared to a current price of ₹176.75 — trading 6.9% above its estimated fair value. The current Return-on-Tangible-Equity is 22.54%, which is 18% above median its 10-year median of 19.06 and 176.7% above the Construction industry median of 8.15. Markolines Pavement Technologies' overall GF Score™ is 84/100 with 9 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 Markolines Pavement Technologies (BOM:543364), the current Return-on-Tangible-Equity is 22.54% 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 Markolines Pavement Technologies (BOM:543364) Overvalued in 2026?

Based on GuruFocus' analysis, Markolines Pavement Technologies stock appears to be overvalued. The current stock price of ₹176.75 is trading 6.9% above its estimated GF Value™ of ₹165.39. GuruFocus considers Markolines Pavement Technologies to be Fairly Valued.

Key valuation signals for BOM:543364:

  • Return-on-Tangible-Equity: 22.54% (18% above median its 10-year median of 19.06)
  • GF Value™: ₹165.39 vs. price of ₹176.75 (6.9% above fair value)
  • GF Score™: 84/100 with 9 warning signs
  • Industry Position: 176.7% above the Construction median (#554 of 1710)

No single metric tells the full story. See the BOM:543364 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Markolines Pavement Technologies Business Description

Other Exchanges MARKOLINES:India
Address Shree Nand Dham, 6th Floor, Wing-A, Sector-11, CBD Belapur, Navi Mumbai, MH, IND, 400614
Markolines Pavement Technologies Ltd is a highway operation and maintenance service providing company. Its operations are mainly divided into Highway Operations which include toll operations, route patrolling, and incident management; the Highway Maintenance division includes routine maintenance, preventive maintenance, and maintenance and repairs and whereas the specialized Maintenance Services include micro-surfacing, Base Stabilization, and cold in-place recycling.
84GF Score

Get the complete analysis for BOM:543364

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

₹176.75
Price
₹165.39
GF Value