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Gallard SteelBOM:544616 +6.32%20 Return-on-Tangible-Equity is 24.38% as of Mar. 2026, which is 23% below its 10-year median of 31.48. GuruFocus rates BOM:544616 with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 979 Transportation companies, Gallard Steel ranks better than 86.11% 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. Gallard Steel's annualized net income for the quarter that ended in Mar. 2026 was ₹96.2 Mil. Gallard Steel's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹394.7 Mil. Therefore, Gallard Steel's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 24.38%.
The historical rank and industry rank for Gallard Steel's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544616'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 18.73 Med: 31.48 Max: 44.84
Current: 28.6
During the past 4 years, Gallard Steel's highest Return-on-Tangible-Equity was 44.84%. The lowest was 18.73%. And the median was 31.48%.
BOM:544616's Return-on-Tangible-Equity is ranked better than 86.11% of 979
companies
in the Transportation industry
Industry Median: 8.93
vs BOM:544616: 28.60
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.
Gallard Steel Return-on-Tangible-Equity Related Terms
Gallard Steel Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Gallard Steel'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.
Gallard Steel Return-on-Tangible-Equity Chart
Gallard Steel Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
18.73
38.58
44.84
24.38
Gallard Steel Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
Return-on-Tangible-Equity
0.00
0.00
0.00
45.98
24.38
BOM:544616 vs UNP, CSX, NSC: Return-on-Tangible-Equity Comparison
For the Railroads subindustry, Gallard Steel'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.
Gallard Steel Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Gallard Steel's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Gallard Steel'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 24.38% mean?
Gallard Steel (BOM:544616) has a Return-on-Tangible-Equity of 24.38% 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 Gallard Steel and its competitors. This is 23% below median its historical median of 31.48. Over the past decade, Gallard Steel's Return-on-Tangible-Equity has ranged from 18.73 to 44.84. According to the industry distribution chart, Gallard Steel ranks #136 out of 979 companies in the Transportation industry, placing it in the top 13.9%.
Is Gallard Steel's Return-on-Tangible-Equity too high?
Gallard Steel's current Return-on-Tangible-Equity of 24.38% is 23% below median its 10-year median of 31.48. Over the past 10 years, this metric has ranged from a low of 18.73 to a high of 44.84. The Transportation industry median Return-on-Tangible-Equity is 8.93. Gallard Steel's value of 24.38% is 173% above this industry median. Based on the distribution chart, Gallard Steel ranks #136 out of 979 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Gallard Steel has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Gallard Steel's Return-on-Tangible-Equity compare to UNP and CSX?
According to the Transportation industry distribution chart, Gallard Steel ranks #136 out of 979 companies for Return-on-Tangible-Equity. This places Gallard Steel in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.93. Gallard Steel's value of 24.38% is 173% above this benchmark. Historically, Gallard Steel's own Return-on-Tangible-Equity has ranged from 18.73 to 44.84 over the past decade. While the company's 10-year median is 31.48 vs. the industry median of 8.93, Gallard Steel 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.93, based on 979 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. Gallard Steel's current Return-on-Tangible-Equity of 24.38% is 173% 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 Gallard Steel and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gallard Steel's current Return-on-Tangible-Equity is 24.38%, which is 23% below median its own 10-year median of 31.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gallard Steel stock overvalued right now?
Gallard Steel (BOM:544616) has a current Return-on-Tangible-Equity of 24.38%. The current Return-on-Tangible-Equity is 24.38%, which is 23% below median its 10-year median of 31.48 and 173% above the Transportation industry median of 8.93. Gallard Steel's overall GF Score™ is 20/100 with 2 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 Gallard Steel (BOM:544616), the current Return-on-Tangible-Equity is 24.38% 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.
Gallard Steel Ltd is an engineering company engaged in the manufacturing of ready-to-use components, assemblies, and subassemblies for Indian railways, defence, power generation, and allied industries. The company's product portfolio includes critical components such as traction motor components and bogie assembly components for the railway sector, sub-assemblies for thermal and hydro turbines used in the power generation sector, and components for industrial machinery, equipment, and the defence sector. It derives a majority portion of the revenue from the sale of traction motors and bogie assembly components to the railway sector.
20GF Score
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