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Shree Marutinandan TubesBOM:544083 +2.23%43 Return-on-Tangible-Equity is 15.25% as of Mar. 2026, which is 15% below its 10-year median of 17.91. GuruFocus rates BOM:544083 with a GF Score™ of 43/100. The stock has 3 warning signs investors should review. Among 154 Industrial Distribution companies, Shree Marutinandan Tubes ranks better than 61.69% 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. Shree Marutinandan Tubes's annualized net income for the quarter that ended in Mar. 2026 was ₹51 Mil. Shree Marutinandan Tubes's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹333 Mil. Therefore, Shree Marutinandan Tubes's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.25%.
The historical rank and industry rank for Shree Marutinandan Tubes's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544083'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.54 Med: 17.91 Max: 106.5
Current: 12.11
During the past 6 years, Shree Marutinandan Tubes's highest Return-on-Tangible-Equity was 106.50%. The lowest was 9.54%. And the median was 17.91%.
BOM:544083's Return-on-Tangible-Equity is ranked better than 61.69% of 154
companies
in the Industrial Distribution industry
Industry Median: 9.02
vs BOM:544083: 12.11
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.
Shree Marutinandan Tubes Return-on-Tangible-Equity Related Terms
Shree Marutinandan Tubes Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shree Marutinandan Tubes'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:544083 vs GWW, FAST, FERG: Return-on-Tangible-Equity Comparison
For the Industrial Distribution subindustry, Shree Marutinandan Tubes'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.
Shree Marutinandan Tubes Return-on-Tangible-Equity vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Shree Marutinandan Tubes's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shree Marutinandan Tubes'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 15.25% mean?
Shree Marutinandan Tubes (BOM:544083) has a Return-on-Tangible-Equity of 15.25% 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 Shree Marutinandan Tubes and its competitors. This is 15% below median its historical median of 17.91. Over the past decade, Shree Marutinandan Tubes' Return-on-Tangible-Equity has ranged from 9.54 to 106.50. According to the industry distribution chart, Shree Marutinandan Tubes ranks #59 out of 154 companies in the Industrial Distribution industry, placing it in the top 38.3%.
Is Shree Marutinandan Tubes' Return-on-Tangible-Equity too high?
Shree Marutinandan Tubes' current Return-on-Tangible-Equity of 15.25% is 15% below median its 10-year median of 17.91. Over the past 10 years, this metric has ranged from a low of 9.54 to a high of 106.50. The Industrial Distribution industry median Return-on-Tangible-Equity is 9.02. Shree Marutinandan Tubes' value of 15.25% is 69.1% above this industry median. Based on the distribution chart, Shree Marutinandan Tubes ranks #59 out of 154 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Shree Marutinandan Tubes has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Shree Marutinandan Tubes' Return-on-Tangible-Equity compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Shree Marutinandan Tubes ranks #59 out of 154 companies for Return-on-Tangible-Equity. This puts Shree Marutinandan Tubes in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.02. Shree Marutinandan Tubes' value of 15.25% is 69.1% above this benchmark. Historically, Shree Marutinandan Tubes' own Return-on-Tangible-Equity has ranged from 9.54 to 106.50 over the past decade. While the company's 10-year median is 17.91 vs. the industry median of 9.02, Shree Marutinandan Tubes 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 an Industrial Distribution company?
The median Return-on-Tangible-Equity among Industrial Distribution companies is 9.02, based on 154 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. Shree Marutinandan Tubes's current Return-on-Tangible-Equity of 15.25% is 69.1% 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 Shree Marutinandan Tubes and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Equity is 9.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shree Marutinandan Tubes's current Return-on-Tangible-Equity is 15.25%, which is 15% below median its own 10-year median of 17.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Marutinandan Tubes stock overvalued right now?
Shree Marutinandan Tubes (BOM:544083) has a current Return-on-Tangible-Equity of 15.25%. The current Return-on-Tangible-Equity is 15.25%, which is 15% below median its 10-year median of 17.91 and 69.1% above the Industrial Distribution industry median of 9.02. Shree Marutinandan Tubes' overall GF Score™ is 43/100 with 3 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 Shree Marutinandan Tubes (BOM:544083), the current Return-on-Tangible-Equity is 15.25% 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.
Shree Marutinandan Tubes Ltd is engaged in the trading of Galvanized Pipe, Electric Resistance Welding Mild Steel (ERW MS) Pipes (round pipes, square and rectangular hollow sections in various specifications, sizes ranging from 15NB to 1000 NB and also in trading of Black Pipes and Solar Structural Pipes. Its products are widely used in various industries like Agriculture, Oil, Public Health, Housing, Irrigation, Engineering, Infrastructural, Industrial etc.
43GF Score
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