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MPK Steels (I)BOM:544553 -1.01%15 Return-on-Tangible-Equity is 23.05% as of Mar. 2026, which is 33% above its 10-year median of 17.29. GuruFocus rates BOM:544553 with a GF Score™ of 15/100. The stock has 3 warning signs investors should review. Among 616 Steel companies, MPK Steels (I) ranks better than 78.9% 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. MPK Steels (I)'s annualized net income for the quarter that ended in Mar. 2026 was ₹88 Mil. MPK Steels (I)'s average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹382 Mil. Therefore, MPK Steels (I)'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.05%.
The historical rank and industry rank for MPK Steels (I)'s Return-on-Tangible-Equity or its related term are showing as below:
BOM:544553'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.52 Med: 17.29 Max: 27.05
Current: 11.52
During the past 4 years, MPK Steels (I)'s highest Return-on-Tangible-Equity was 27.05%. The lowest was 11.52%. And the median was 17.29%.
BOM:544553's Return-on-Tangible-Equity is ranked better than 78.9% of 616
companies
in the Steel industry
Industry Median: 4.13
vs BOM:544553: 11.52
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.
MPK Steels (I) Return-on-Tangible-Equity Related Terms
MPK Steels (I) Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for MPK Steels (I)'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.
MPK Steels (I) Return-on-Tangible-Equity Chart
MPK Steels (I) Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
12.00
18.70
27.05
15.88
MPK Steels (I) Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
0.00
0.00
26.65
23.05
BOM:544553 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, MPK Steels (I)'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.
MPK Steels (I) Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, MPK Steels (I)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MPK Steels (I)'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 23.05% mean?
MPK Steels (I) (BOM:544553) has a Return-on-Tangible-Equity of 23.05% 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 MPK Steels (I) and its competitors. This is 33% above median its historical median of 17.29. Over the past decade, MPK Steels (I)'s Return-on-Tangible-Equity has ranged from 11.52 to 27.05. According to the industry distribution chart, MPK Steels (I) ranks #130 out of 616 companies in the Steel industry, placing it in the top 21.1%.
Is MPK Steels (I)'s Return-on-Tangible-Equity too high?
MPK Steels (I)'s current Return-on-Tangible-Equity of 23.05% is 33% above median its 10-year median of 17.29. Over the past 10 years, this metric has ranged from a low of 11.52 to a high of 27.05. The Steel industry median Return-on-Tangible-Equity is 4.13. MPK Steels (I)'s value of 23.05% is 458.1% above this industry median. Based on the distribution chart, MPK Steels (I) ranks #130 out of 616 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, MPK Steels (I) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does MPK Steels (I)'s Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, MPK Steels (I) ranks #130 out of 616 companies for Return-on-Tangible-Equity. This places MPK Steels (I) in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.13. MPK Steels (I)'s value of 23.05% is 458.1% above this benchmark. Historically, MPK Steels (I)'s own Return-on-Tangible-Equity has ranged from 11.52 to 27.05 over the past decade. While the company's 10-year median is 17.29 vs. the industry median of 4.13, MPK Steels (I) 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.13, based on 616 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. MPK Steels (I)'s current Return-on-Tangible-Equity of 23.05% is 458.1% 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 MPK Steels (I) and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MPK Steels (I)'s current Return-on-Tangible-Equity is 23.05%, which is 33% above median its own 10-year median of 17.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPK Steels (I) stock overvalued right now?
MPK Steels (I) (BOM:544553) has a current Return-on-Tangible-Equity of 23.05%. The current Return-on-Tangible-Equity is 23.05%, which is 33% above median its 10-year median of 17.29 and 458.1% above the Steel industry median of 4.13. MPK Steels (I)'s overall GF Score™ is 15/100 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 MPK Steels (I) (BOM:544553), the current Return-on-Tangible-Equity is 23.05% 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.
MPK Steels (I) Ltd is a manufacturer of general-purpose structural steel products, specializing in providing high-quality solutions for a wide range of industries such as Railways, Telecom Industries, State Electricity Boards, Power & Energy Industries, Automotive Industry, Offshore Structures, Construction Industries, Fabrication Industries, Auto Body Builders, Infrastructural Development Authorities. The company is well-equipped to manufacture and trade a wide range of structural steel products, including M.S. Channel, M.S. Joist/Beam, M.S. Angle, M.S. Square Bar, M.S. Round Bar, and M.S. Flat where M.S. Channels generate the majority of its revenue and play a pivotal role in driving the success of its business.
15GF Score
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