Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Steelman TelecomBOM:543622 66 Return-on-Tangible-Equity is -22.69% as of Mar. 2026. GuruFocus rates BOM:543622 with a GF Score™ of 66/100 and a GF Value™ of ₹169.91 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 326 Telecommunication Services companies, Steelman Telecom ranks worse than 88.96% 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. Steelman Telecom's annualized net income for the quarter that ended in Mar. 2026 was ₹-69 Mil. Steelman Telecom's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹304 Mil. Therefore, Steelman Telecom's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -22.69%.
The historical rank and industry rank for Steelman Telecom's Return-on-Tangible-Equity or its related term are showing as below:
BOM:543622'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.69 Med: -2.42 Max: 20.04
Current: -19.63
During the past 7 years, Steelman Telecom's highest Return-on-Tangible-Equity was 20.04%. The lowest was -19.69%. And the median was -2.42%.
BOM:543622's Return-on-Tangible-Equity is ranked worse than 88.96% of 326
companies
in the Telecommunication Services industry
Industry Median: 14.9
vs BOM:543622: -19.63
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.
Steelman Telecom Return-on-Tangible-Equity Related Terms
Steelman Telecom Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Steelman Telecom'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:543622 vs VZ, TMUS, T: Return-on-Tangible-Equity Comparison
For the Telecom Services subindustry, Steelman Telecom'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.
Steelman Telecom Return-on-Tangible-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Steelman Telecom's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Steelman Telecom'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 two times the semi-annual (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 -22.69% mean?
Steelman Telecom (BOM:543622) has a Return-on-Tangible-Equity of -22.69% 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 Steelman Telecom and its competitors. According to the industry distribution chart, Steelman Telecom ranks #290 out of 326 companies in the Telecommunication Services industry, placing it in the top 89%.
Is Steelman Telecom's Return-on-Tangible-Equity too high?
Steelman Telecom's current Return-on-Tangible-Equity is -22.69%. Based on the distribution chart, Steelman Telecom ranks #290 out of 326 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Steelman Telecom has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Steelman Telecom's Return-on-Tangible-Equity compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Steelman Telecom ranks #290 out of 326 companies for Return-on-Tangible-Equity. This places Steelman Telecom in the lower half of its industry. The industry median Return-on-Tangible-Equity is 14.90. 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 Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 14.90, based on 326 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. 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 Steelman Telecom and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 14.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steelman Telecom's current Return-on-Tangible-Equity is -22.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steelman Telecom stock overvalued right now?
Based on GuruFocus' analysis, Steelman Telecom (BOM:543622) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹169.91, compared to a current price of ₹68.85 — trading 59.5% below its estimated fair value. The current Return-on-Tangible-Equity is -22.69%. Steelman Telecom's overall GF Score™ is 66/100 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 Steelman Telecom (BOM:543622), the current Return-on-Tangible-Equity is -22.69% 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 Steelman Telecom (BOM:543622) Overvalued in 2026?
Based on GuruFocus' analysis, Steelman Telecom stock appears to be undervalued.
The current stock price of ₹68.85 is trading 59.5% below its estimated GF Value™ of ₹169.91.
GuruFocus considers Steelman Telecom to be Significantly Undervalued.
Key valuation signals for BOM:543622:
Return-on-Tangible-Equity: -22.69%
GF Value™: ₹169.91 vs. price of ₹68.85 (59.5% below fair value)
No single metric tells the full story. See the BOM:543622 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steelman Telecom Ltd offer support services and solutions to address the network requirements of the telecom industry. The company provide services for network survey and planning, installation and commissioning, network testing and optimization, network solutions and managed services for network maintenance. It segment includes: Telecom, EPC, Cab Hiring, and Others.
66GF Score
Get the complete analysis for BOM:543622
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:543622 has been successfully added to your 
