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Accord Transformer & SwitchgearBOM:544710 -0.77%18 Return-on-Tangible-Equity is 18.56% as of Mar. 2026, which is 27% below its 10-year median of 25.27. GuruFocus rates BOM:544710 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 2,973 Industrial Products companies, Accord Transformer & Switchgear ranks better than 60.58% on this metric.
The historical rank and industry rank for Accord Transformer & Switchgear's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544710'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.28 Med: 25.27 Max: 43.2
Current: 9.28
During the past 4 years, Accord Transformer & Switchgear's highest Return-on-Tangible-Equity was 43.20%. The lowest was 9.28%. And the median was 25.27%.
BOM:544710's Return-on-Tangible-Equity is ranked better than 60.58% of 2973
companies
in the Industrial Products industry
Industry Median: 6.76
vs BOM:544710: 9.28
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.
Accord Transformer & Switchgear Return-on-Tangible-Equity Related Terms
Accord Transformer & Switchgear Return-on-Tangible-Equity Historical Data
* 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:544710 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Accord Transformer & Switchgear'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.
Accord Transformer & Switchgear Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Accord Transformer & Switchgear's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Accord Transformer & Switchgear'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 18.56% mean?
Accord Transformer & Switchgear (BOM:544710) has a Return-on-Tangible-Equity of 18.56% 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 Accord Transformer & Switchgear and its competitors. This is 27% below median its historical median of 25.27. Over the past decade, Accord Transformer & Switchgear's Return-on-Tangible-Equity has ranged from 9.28 to 43.20. According to the industry distribution chart, Accord Transformer & Switchgear ranks #1172 out of 2973 companies in the Industrial Products industry, placing it in the top 39.4%.
Is Accord Transformer & Switchgear's Return-on-Tangible-Equity too high?
Accord Transformer & Switchgear's current Return-on-Tangible-Equity of 18.56% is 27% below median its 10-year median of 25.27. Over the past 10 years, this metric has ranged from a low of 9.28 to a high of 43.20. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Accord Transformer & Switchgear's value of 18.56% is 174.6% above this industry median. Based on the distribution chart, Accord Transformer & Switchgear ranks #1172 out of 2973 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Accord Transformer & Switchgear has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Accord Transformer & Switchgear's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Accord Transformer & Switchgear ranks #1172 out of 2973 companies for Return-on-Tangible-Equity. This puts Accord Transformer & Switchgear in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.76. Accord Transformer & Switchgear's value of 18.56% is 174.6% above this benchmark. Historically, Accord Transformer & Switchgear's own Return-on-Tangible-Equity has ranged from 9.28 to 43.20 over the past decade. While the company's 10-year median is 25.27 vs. the industry median of 6.76, Accord Transformer & Switchgear 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 6.76, 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. Accord Transformer & Switchgear's current Return-on-Tangible-Equity of 18.56% is 174.6% 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 Accord Transformer & Switchgear and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accord Transformer & Switchgear's current Return-on-Tangible-Equity is 18.56%, which is 27% below median its own 10-year median of 25.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accord Transformer & Switchgear stock overvalued right now?
Accord Transformer & Switchgear (BOM:544710) has a current Return-on-Tangible-Equity of 18.56%. The current Return-on-Tangible-Equity is 18.56%, which is 27% below median its 10-year median of 25.27 and 174.6% above the Industrial Products industry median of 6.76. Accord Transformer & Switchgear's overall GF Score™ is 18/100 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 Accord Transformer & Switchgear (BOM:544710), the current Return-on-Tangible-Equity is 18.56% 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.
Accord Transformer & Switchgear Business Description
Accord Transformer & Switchgear Ltd is engaged in the design, engineering, manufacturing, and supply of a diversified range of electrical power and distribution transformers and related equipment. It serves various industries, including the power transmission and distribution sector, renewable energy, industrial applications, infrastructure projects, and electric vehicle (EV) charging networks. Its offerings include distribution transformers, Power transformers, Dry-type transformers, Package substations, Special-purpose transformers, Low-voltage (LV) control panels, Vacuum Circuit Breaker (VCB) panels, Busducts, cable trays, and associated switchgear assemblies. The segments of the company are Manufacturing Division, which derives maximum revenue; & Service Activity division.
18GF Score
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