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Aztec Fluids & MachineryBOM:544177 -2.42%17 Return-on-Tangible-Equity is 13.88% as of Mar. 2026, which is 46% below its 10-year median of 25.50. GuruFocus rates BOM:544177 with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 2,978 Industrial Products companies, Aztec Fluids & Machinery ranks better than 78.98% 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. Aztec Fluids & Machinery's annualized net income for the quarter that ended in Mar. 2026 was ₹63.6 Mil. Aztec Fluids & Machinery's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹458.4 Mil. Therefore, Aztec Fluids & Machinery's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.88%.
The historical rank and industry rank for Aztec Fluids & Machinery's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544177'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.38 Med: 25.5 Max: 28.33
Current: 16.38
During the past 5 years, Aztec Fluids & Machinery's highest Return-on-Tangible-Equity was 28.33%. The lowest was 16.38%. And the median was 25.50%.
BOM:544177's Return-on-Tangible-Equity is ranked better than 78.98% of 2978
companies
in the Industrial Products industry
Industry Median: 7.01
vs BOM:544177: 16.38
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.
Aztec Fluids & Machinery Return-on-Tangible-Equity Related Terms
Aztec Fluids & Machinery Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Aztec Fluids & Machinery'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:544177 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Aztec Fluids & Machinery'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.
Aztec Fluids & Machinery Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Aztec Fluids & Machinery's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aztec Fluids & Machinery'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 13.88% mean?
Aztec Fluids & Machinery (BOM:544177) has a Return-on-Tangible-Equity of 13.88% 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 Aztec Fluids & Machinery and its competitors. This is 46% below median its historical median of 25.50. Over the past decade, Aztec Fluids & Machinery's Return-on-Tangible-Equity has ranged from 16.38 to 28.33. According to the industry distribution chart, Aztec Fluids & Machinery ranks #626 out of 2978 companies in the Industrial Products industry, placing it in the top 21%.
Is Aztec Fluids & Machinery's Return-on-Tangible-Equity too high?
Aztec Fluids & Machinery's current Return-on-Tangible-Equity of 13.88% is 46% below median its 10-year median of 25.50. Over the past 10 years, this metric has ranged from a low of 16.38 to a high of 28.33. The Industrial Products industry median Return-on-Tangible-Equity is 7.01. Aztec Fluids & Machinery's value of 13.88% is 98% above this industry median. Based on the distribution chart, Aztec Fluids & Machinery ranks #626 out of 2978 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Aztec Fluids & Machinery has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Aztec Fluids & Machinery's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Aztec Fluids & Machinery ranks #626 out of 2978 companies for Return-on-Tangible-Equity. This places Aztec Fluids & Machinery in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.01. Aztec Fluids & Machinery's value of 13.88% is 98% above this benchmark. Historically, Aztec Fluids & Machinery's own Return-on-Tangible-Equity has ranged from 16.38 to 28.33 over the past decade. While the company's 10-year median is 25.50 vs. the industry median of 7.01, Aztec Fluids & Machinery 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 Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 7.01, based on 2,978 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. Aztec Fluids & Machinery's current Return-on-Tangible-Equity of 13.88% is 98% 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 Aztec Fluids & Machinery and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aztec Fluids & Machinery's current Return-on-Tangible-Equity is 13.88%, which is 46% below median its own 10-year median of 25.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aztec Fluids & Machinery stock overvalued right now?
Aztec Fluids & Machinery (BOM:544177) has a current Return-on-Tangible-Equity of 13.88%. The current Return-on-Tangible-Equity is 13.88%, which is 46% below median its 10-year median of 25.50 and 98% above the Industrial Products industry median of 7.01. Aztec Fluids & Machinery's overall GF Score™ is 17/100 with 2 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 Aztec Fluids & Machinery (BOM:544177), the current Return-on-Tangible-Equity is 13.88% 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.
Aztec Fluids & Machinery Ltd provides coding and marking solutions to a diverse range of industries such as personal care, food & beverages, pharmaceuticals, construction materials, cables, wires & pipes, metals, automotive & electronics, agrochemicals, chemicals & petrochemicals, etc. The company operates in a single segment which is Manufacturing of Printers, trading of inks used therein and consumables. Its product portfolio includes (i) printers such as continuous inkjet printers (CIJ), Thermal Transfer Over printers (TTO), Drop on demand printers (DOD), NIJ printers (i.e. piezoelectric printers), and laser printers (ii) printer inks and (iii) printer consumable items i.e. makeup and cleaning solvents.
17GF Score
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