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LT ElevatorBOM:544518 -0.77%18 Return-on-Tangible-Equity is 24.35% as of Mar. 2026, which is 11% below its 10-year median of 27.40. GuruFocus rates BOM:544518 with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 2,973 Industrial Products companies, LT Elevator ranks better than 88.43% 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. LT Elevator's annualized net income for the quarter that ended in Mar. 2026 was ₹211 Mil. LT Elevator's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹868 Mil. Therefore, LT Elevator's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 24.35%.
The historical rank and industry rank for LT Elevator's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544518'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.05 Med: 27.4 Max: 34.99
Current: 24.5
During the past 5 years, LT Elevator's highest Return-on-Tangible-Equity was 34.99%. The lowest was -7.05%. And the median was 27.40%.
BOM:544518's Return-on-Tangible-Equity is ranked better than 88.43% of 2973
companies
in the Industrial Products industry
Industry Median: 6.79
vs BOM:544518: 24.50
LT Elevator (BOM:544518) Return-on-Tangible-Equity Explanation
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.
LT Elevator Return-on-Tangible-Equity Related Terms
LT Elevator Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for LT Elevator'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:544518 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, LT Elevator'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.
LT Elevator Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, LT Elevator's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where LT Elevator'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 24.35% mean?
LT Elevator (BOM:544518) has a Return-on-Tangible-Equity of 24.35% 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 LT Elevator and its competitors. This is 11% below median its historical median of 27.40. According to the industry distribution chart, LT Elevator ranks #344 out of 2973 companies in the Industrial Products industry, placing it in the top 11.6%.
Is LT Elevator's Return-on-Tangible-Equity too high?
LT Elevator's current Return-on-Tangible-Equity of 24.35% is 11% below median its 10-year median of 27.40. The Industrial Products industry median Return-on-Tangible-Equity is 6.79. LT Elevator's value of 24.35% is 258.6% above this industry median. Based on the distribution chart, LT Elevator ranks #344 out of 2973 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, LT Elevator has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does LT Elevator's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, LT Elevator ranks #344 out of 2973 companies for Return-on-Tangible-Equity. This places LT Elevator in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.79. LT Elevator's value of 24.35% is 258.6% above this benchmark. While the company's 10-year median is 27.40 vs. the industry median of 6.79, LT Elevator 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 6.79, 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. LT Elevator's current Return-on-Tangible-Equity of 24.35% is 258.6% 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 LT Elevator and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LT Elevator's current Return-on-Tangible-Equity is 24.35%, which is 11% below median its own 10-year median of 27.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LT Elevator stock overvalued right now?
LT Elevator (BOM:544518) has a current Return-on-Tangible-Equity of 24.35%. The current Return-on-Tangible-Equity is 24.35%, which is 11% below median its 10-year median of 27.40 and 258.6% above the Industrial Products industry median of 6.79. LT Elevator's overall GF Score™ is 18/100 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 LT Elevator (BOM:544518), the current Return-on-Tangible-Equity is 24.35% 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.
LT Elevator Ltd provides quality elevator system solutions with a focus on superior service, engineering, and technical solutions. The company manufactures a range of vertical mobility and parking solutions, including mechanical car parking systems, modern escalators, high-speed apartment lifts, bungalow lifts, hospital lifts, goods lifts, and specialty elevators. It offers a comprehensive end-to-end solution starting from elevator manufacturing, installation, commissioning, and servicing under an annual maintenance contract.
18GF Score
Get the complete analysis for BOM:544518
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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