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JD CablesBOM:544524 -2.75%17 Return-on-Tangible-Equity is 29.04% as of Mar. 2026, which is 43% below its 10-year median of 50.85. GuruFocus rates BOM:544524 with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 2,968 Industrial Products companies, JD Cables ranks better than 91.91% 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. JD Cables's annualized net income for the quarter that ended in Mar. 2026 was ₹396 Mil. JD Cables's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,364 Mil. Therefore, JD Cables's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 29.04%.
The historical rank and industry rank for JD Cables's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544524'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 31.28 Med: 50.85 Max: 116.5
Current: 31.44
During the past 5 years, JD Cables's highest Return-on-Tangible-Equity was 116.50%. The lowest was 31.28%. And the median was 50.85%.
BOM:544524's Return-on-Tangible-Equity is ranked better than 91.91% of 2968
companies
in the Industrial Products industry
Industry Median: 6.775
vs BOM:544524: 31.44
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.
JD Cables Return-on-Tangible-Equity Related Terms
JD Cables Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for JD Cables'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:544524 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, JD Cables'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.
JD Cables Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, JD Cables's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where JD Cables'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 29.04% mean?
JD Cables (BOM:544524) has a Return-on-Tangible-Equity of 29.04% 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 JD Cables and its competitors. This is 43% below median its historical median of 50.85. Over the past decade, JD Cables' Return-on-Tangible-Equity has ranged from 31.28 to 116.50. According to the industry distribution chart, JD Cables ranks #240 out of 2968 companies in the Industrial Products industry, placing it in the top 8.1%.
Is JD Cables' Return-on-Tangible-Equity too high?
JD Cables' current Return-on-Tangible-Equity of 29.04% is 43% below median its 10-year median of 50.85. Over the past 10 years, this metric has ranged from a low of 31.28 to a high of 116.50. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. JD Cables' value of 29.04% is 328.6% above this industry median. Based on the distribution chart, JD Cables ranks #240 out of 2968 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, JD Cables has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does JD Cables' Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, JD Cables ranks #240 out of 2968 companies for Return-on-Tangible-Equity. This places JD Cables in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.78. JD Cables' value of 29.04% is 328.6% above this benchmark. Historically, JD Cables' own Return-on-Tangible-Equity has ranged from 31.28 to 116.50 over the past decade. While the company's 10-year median is 50.85 vs. the industry median of 6.78, JD Cables 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 6.78, based on 2,968 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. JD Cables's current Return-on-Tangible-Equity of 29.04% is 328.6% 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 JD Cables and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JD Cables's current Return-on-Tangible-Equity is 29.04%, which is 43% below median its own 10-year median of 50.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JD Cables stock overvalued right now?
JD Cables (BOM:544524) has a current Return-on-Tangible-Equity of 29.04%. The current Return-on-Tangible-Equity is 29.04%, which is 43% below median its 10-year median of 50.85 and 328.6% above the Industrial Products industry median of 6.78. JD Cables' overall GF Score™ is 17/100 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 JD Cables (BOM:544524), the current Return-on-Tangible-Equity is 29.04% 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.
JD Cables Ltd is engaged in the business of manufacturing of wires, cables and conductors. The company specializes in producing LTAB Cables, LT XLPE Power Cables, LT PVC Power & Control Cables and both Bare & Insulated Copper Conductors. The company operates in the business of manufacturing, buying, selling, exchanging, trading or dealing in all kinds of conductors, cables, wire and any other electrical goods. The company generates revenue from the production and sales of cables and conductors.
17GF Score
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