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Siyaram Recycling IndustriesBOM:544047 +2.45%35 Return-on-Tangible-Equity is 1.10% as of Mar. 2026, which is 89% below its 10-year median of 10.46. GuruFocus rates BOM:544047 with a GF Score™ of 35/100. The stock has 8 warning signs investors should review. Among 2,973 Industrial Products companies, Siyaram Recycling Industries ranks worse than 65.39% 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. Siyaram Recycling Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹14 Mil. Siyaram Recycling Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,300 Mil. Therefore, Siyaram Recycling Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.10%.
The historical rank and industry rank for Siyaram Recycling Industries's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544047'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.94 Med: 10.46 Max: 16.86
Current: 2.94
During the past 6 years, Siyaram Recycling Industries's highest Return-on-Tangible-Equity was 16.86%. The lowest was 2.94%. And the median was 10.46%.
BOM:544047's Return-on-Tangible-Equity is ranked worse than 65.39% of 2973
companies
in the Industrial Products industry
Industry Median: 6.78
vs BOM:544047: 2.94
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.
Siyaram Recycling Industries Return-on-Tangible-Equity Related Terms
Siyaram Recycling Industries 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.
BOM:544047 vs CRS, ATI, MLI: Return-on-Tangible-Equity Comparison
For the Metal Fabrication subindustry, Siyaram Recycling 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.
Siyaram Recycling Industries Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Siyaram Recycling Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Siyaram Recycling 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 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 1.10% mean?
Siyaram Recycling Industries (BOM:544047) has a Return-on-Tangible-Equity of 1.10% 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 Siyaram Recycling Industries and its competitors. This is 89% below median its historical median of 10.46. Over the past decade, Siyaram Recycling Industries' Return-on-Tangible-Equity has ranged from 2.94 to 16.86. According to the industry distribution chart, Siyaram Recycling Industries ranks #1944 out of 2973 companies in the Industrial Products industry, placing it in the top 65.4%.
Is Siyaram Recycling Industries' Return-on-Tangible-Equity too high?
Siyaram Recycling Industries' current Return-on-Tangible-Equity of 1.10% is 89% below median its 10-year median of 10.46. Over the past 10 years, this metric has ranged from a low of 2.94 to a high of 16.86. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Siyaram Recycling Industries' value of 1.10% is 83.8% below this industry median. Based on the distribution chart, Siyaram Recycling Industries ranks #1944 out of 2973 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Siyaram Recycling Industries has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Siyaram Recycling Industries' Return-on-Tangible-Equity compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Siyaram Recycling Industries ranks #1944 out of 2973 companies for Return-on-Tangible-Equity. This places Siyaram Recycling Industries in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Siyaram Recycling Industries' value of 1.10% is 83.8% below this benchmark. Historically, Siyaram Recycling Industries' own Return-on-Tangible-Equity has ranged from 2.94 to 16.86 over the past decade. While the company's 10-year median is 10.46 vs. the industry median of 6.78, Siyaram Recycling Industries has consistently been below 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.78, based on 2,973 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. Siyaram Recycling Industries's current Return-on-Tangible-Equity of 1.10% is 83.8% below 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 Siyaram Recycling Industries and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siyaram Recycling Industries's current Return-on-Tangible-Equity is 1.10%, which is 89% below median its own 10-year median of 10.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siyaram Recycling Industries stock overvalued right now?
Siyaram Recycling Industries (BOM:544047) has a current Return-on-Tangible-Equity of 1.10%. The current Return-on-Tangible-Equity is 1.10%, which is 89% below median its 10-year median of 10.46 and 83.8% below the Industrial Products industry median of 6.78. Siyaram Recycling Industries' overall GF Score™ is 35/100 with 8 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 Siyaram Recycling Industries (BOM:544047), the current Return-on-Tangible-Equity is 1.10% 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.
Siyaram Recycling Industries Ltd is primarily engaged in the segregation of brass scrap, manufacturing of brass ingots, billets and brass rods and manufacturing of brass-based components such as plumbing and sanitary parts. The company also manufactures brass ingots, billets and rods through brass scrap and is mainly exported to China. Additionally, it supplies brass ingots to esteemed customers in India such as Astral Limited, Kajaria Bathware and AGI Greenpac. It procures brass scrap mainly from international market such as USA, UK, Europe and Middle East. Post procurement, segregation of brass is done and is mainly sold by in Gujarat.
35GF Score
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