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Oval Projects EngineeringBOM:544498 19 Return-on-Tangible-Equity is 14.42% as of Mar. 2026, which is 16% below its 10-year median of 17.24. GuruFocus rates BOM:544498 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,714 Construction companies, Oval Projects Engineering ranks better than 69.6% 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. Oval Projects Engineering's annualized net income for the quarter that ended in Mar. 2026 was ₹153 Mil. Oval Projects Engineering's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,064 Mil. Therefore, Oval Projects Engineering's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.42%.
The historical rank and industry rank for Oval Projects Engineering's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544498'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 15.32 Med: 17.24 Max: 20.21
Current: 15.32
During the past 4 years, Oval Projects Engineering's highest Return-on-Tangible-Equity was 20.21%. The lowest was 15.32%. And the median was 17.24%.
BOM:544498's Return-on-Tangible-Equity is ranked better than 69.6% of 1714
companies
in the Construction industry
Industry Median: 8.265
vs BOM:544498: 15.32
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.
Oval Projects Engineering Return-on-Tangible-Equity Related Terms
Oval Projects Engineering Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Oval Projects Engineering'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:544498 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Oval Projects Engineering'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.
Oval Projects Engineering Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Oval Projects Engineering's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Oval Projects Engineering'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 14.42% mean?
Oval Projects Engineering (BOM:544498) has a Return-on-Tangible-Equity of 14.42% 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 Oval Projects Engineering and its competitors. This is 16% below median its historical median of 17.24. Over the past decade, Oval Projects Engineering's Return-on-Tangible-Equity has ranged from 15.32 to 20.21. According to the industry distribution chart, Oval Projects Engineering ranks #521 out of 1714 companies in the Construction industry, placing it in the top 30.4%.
Is Oval Projects Engineering's Return-on-Tangible-Equity too high?
Oval Projects Engineering's current Return-on-Tangible-Equity of 14.42% is 16% below median its 10-year median of 17.24. Over the past 10 years, this metric has ranged from a low of 15.32 to a high of 20.21. The Construction industry median Return-on-Tangible-Equity is 8.27. Oval Projects Engineering's value of 14.42% is 74.5% above this industry median. Based on the distribution chart, Oval Projects Engineering ranks #521 out of 1714 companies in the Construction industry, which is above the industry midpoint. Overall, Oval Projects Engineering has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Oval Projects Engineering's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Oval Projects Engineering ranks #521 out of 1714 companies for Return-on-Tangible-Equity. This puts Oval Projects Engineering in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.27. Oval Projects Engineering's value of 14.42% is 74.5% above this benchmark. Historically, Oval Projects Engineering's own Return-on-Tangible-Equity has ranged from 15.32 to 20.21 over the past decade. While the company's 10-year median is 17.24 vs. the industry median of 8.27, Oval Projects Engineering 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 a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.27, based on 1,714 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. Oval Projects Engineering's current Return-on-Tangible-Equity of 14.42% is 74.5% 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 Oval Projects Engineering and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oval Projects Engineering's current Return-on-Tangible-Equity is 14.42%, which is 16% below median its own 10-year median of 17.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oval Projects Engineering stock overvalued right now?
Oval Projects Engineering (BOM:544498) has a current Return-on-Tangible-Equity of 14.42%. The current Return-on-Tangible-Equity is 14.42%, which is 16% below median its 10-year median of 17.24 and 74.5% above the Construction industry median of 8.27. Oval Projects Engineering's overall GF Score™ is 19/100 with 4 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 Oval Projects Engineering (BOM:544498), the current Return-on-Tangible-Equity is 14.42% 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.
Oval Projects Engineering Ltd is principally engaged in the execution of Works Contracts, EPC Contracts, Maintenance & other Ancillary services in the Oil & Gas sector. It specializes in delivering turnkey solutions across the Oil & Gas, Urban Development, and Power sectors. It provides a comprehensive range of services, including: Pipeline Engineering & Construction, Turnkey Project Solutions, Infrastructure Development & Maintenance, and RTP, CGD, PNG, & CNG Works. The company derives revenue from the provision of its services, which comprise Works Contract, Canteen Services, Management Services, Skills Development and many more activities.
19GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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