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Yash HighvoltageBOM:544310 -2.51%21 Return-on-Tangible-Equity is 28.93% as of Mar. 2026, which is 14% below its 10-year median of 33.55. GuruFocus rates BOM:544310 with a GF Score™ of 21/100. The stock has 8 warning signs investors should review. Among 2,975 Industrial Products companies, Yash Highvoltage ranks better than 87.63% 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. Yash Highvoltage's annualized net income for the quarter that ended in Mar. 2026 was ₹473 Mil. Yash Highvoltage's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,634 Mil. Therefore, Yash Highvoltage's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 28.93%.
The historical rank and industry rank for Yash Highvoltage's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544310'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 23.35 Med: 33.55 Max: 40.5
Current: 24.08
During the past 5 years, Yash Highvoltage's highest Return-on-Tangible-Equity was 40.50%. The lowest was 23.35%. And the median was 33.55%.
BOM:544310's Return-on-Tangible-Equity is ranked better than 87.63% of 2975
companies
in the Industrial Products industry
Industry Median: 6.86
vs BOM:544310: 24.08
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.
Yash Highvoltage Return-on-Tangible-Equity Related Terms
Yash Highvoltage Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Yash Highvoltage'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:544310 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Yash Highvoltage'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.
Yash Highvoltage Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Yash Highvoltage's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Yash Highvoltage'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 28.93% mean?
Yash Highvoltage (BOM:544310) has a Return-on-Tangible-Equity of 28.93% 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 Yash Highvoltage and its competitors. This is 14% below median its historical median of 33.55. Over the past decade, Yash Highvoltage's Return-on-Tangible-Equity has ranged from 23.35 to 40.50. According to the industry distribution chart, Yash Highvoltage ranks #368 out of 2975 companies in the Industrial Products industry, placing it in the top 12.4%.
Is Yash Highvoltage's Return-on-Tangible-Equity too high?
Yash Highvoltage's current Return-on-Tangible-Equity of 28.93% is 14% below median its 10-year median of 33.55. Over the past 10 years, this metric has ranged from a low of 23.35 to a high of 40.50. The Industrial Products industry median Return-on-Tangible-Equity is 6.86. Yash Highvoltage's value of 28.93% is 321.7% above this industry median. Based on the distribution chart, Yash Highvoltage ranks #368 out of 2975 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Yash Highvoltage has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Yash Highvoltage's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Yash Highvoltage ranks #368 out of 2975 companies for Return-on-Tangible-Equity. This places Yash Highvoltage in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.86. Yash Highvoltage's value of 28.93% is 321.7% above this benchmark. Historically, Yash Highvoltage's own Return-on-Tangible-Equity has ranged from 23.35 to 40.50 over the past decade. While the company's 10-year median is 33.55 vs. the industry median of 6.86, Yash Highvoltage 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 6.86, based on 2,975 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. Yash Highvoltage's current Return-on-Tangible-Equity of 28.93% is 321.7% 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 Yash Highvoltage and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yash Highvoltage's current Return-on-Tangible-Equity is 28.93%, which is 14% below median its own 10-year median of 33.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yash Highvoltage stock overvalued right now?
Yash Highvoltage (BOM:544310) has a current Return-on-Tangible-Equity of 28.93%. The current Return-on-Tangible-Equity is 28.93%, which is 14% below median its 10-year median of 33.55 and 321.7% above the Industrial Products industry median of 6.86. Yash Highvoltage's overall GF Score™ is 21/100 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 Yash Highvoltage (BOM:544310), the current Return-on-Tangible-Equity is 28.93% 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.
Yash Highvoltage Ltd is engaged in the manufacturing and distribution of transformer bushings - Oil Impregnated Paper [OIP] condenser bushing, Resin Impregnated Paper [RIP]/Resin Impregnated Synthetic [RIS] condenser bushing, High Voltage and High Current bushing, OIP Wall bushing and Oil to Oil bushing. It also undertakes repairing, retrofitting and replacement services of old bushings.
21GF Score
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