Aisha Steel MillsKAR:ASL +1.99%58 Return-on-Tangible-Equity is 0.98% as of Mar. 2026, which is 7% below its 10-year median of 1.05. GuruFocus rates KAR:ASL with a GF Score™ of 58/100 and a GF Value™ of ₨13.14 (Fairly Valued). The stock has 6 warning signs investors should review. Among 615 Steel companies, Aisha Steel Mills ranks worse than 66.83% 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. Aisha Steel Mills's annualized net income for the quarter that ended in Mar. 2026 was ₨271 Mil. Aisha Steel Mills's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₨27,567 Mil. Therefore, Aisha Steel Mills's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.98%.
The historical rank and industry rank for Aisha Steel Mills's Return-on-Tangible-Equity or its related term are showing as below:
KAR:ASL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -21.71 Med: 1.05 Max: 56.55
Current: 0.54
During the past 13 years, Aisha Steel Mills's highest Return-on-Tangible-Equity was 56.55%. The lowest was -21.71%. And the median was 1.05%.
KAR:ASL's Return-on-Tangible-Equity is ranked worse than 66.83% of 615
companies
in the Steel industry
Industry Median: 3.93
vs KAR:ASL: 0.54
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.
Aisha Steel Mills Return-on-Tangible-Equity Related Terms
Aisha Steel Mills Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Aisha Steel Mills'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.
KAR:ASL vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Aisha Steel Mills'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.
Aisha Steel Mills Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Aisha Steel Mills's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aisha Steel Mills'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 four times the quarterly (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 0.98% mean?
Aisha Steel Mills (KAR:ASL) has a Return-on-Tangible-Equity of 0.98% 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 Aisha Steel Mills and its competitors. This is near median its historical median of 1.05. According to the industry distribution chart, Aisha Steel Mills ranks #411 out of 615 companies in the Steel industry, placing it in the top 66.8%.
Is Aisha Steel Mills' Return-on-Tangible-Equity too high?
Aisha Steel Mills' current Return-on-Tangible-Equity of 0.98% is near median its 10-year median of 1.05. The Steel industry median Return-on-Tangible-Equity is 3.93. Aisha Steel Mills' value of 0.98% is 75.1% below this industry median. Based on the distribution chart, Aisha Steel Mills ranks #411 out of 615 companies in the Steel industry, which is below the industry midpoint. Overall, Aisha Steel Mills has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aisha Steel Mills' Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Aisha Steel Mills ranks #411 out of 615 companies for Return-on-Tangible-Equity. This places Aisha Steel Mills in the lower half of its industry. The industry median Return-on-Tangible-Equity is 3.93. Aisha Steel Mills' value of 0.98% is 75.1% below this benchmark. While the company's 10-year median is 1.05 vs. the industry median of 3.93, Aisha Steel Mills has consistently been below 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 3.93, based on 615 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. Aisha Steel Mills's current Return-on-Tangible-Equity of 0.98% is 75.1% below 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 Aisha Steel Mills and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aisha Steel Mills's current Return-on-Tangible-Equity is 0.98%, which is near median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aisha Steel Mills stock overvalued right now?
Based on GuruFocus' analysis, Aisha Steel Mills (KAR:ASL) is currently considered Fairly Valued. The stock's GF Value™ is ₨13.14, compared to a current price of ₨13.33 — trading 1.4% above its estimated fair value. The current Return-on-Tangible-Equity is 0.98%, which is near median its 10-year median of 1.05 and 75.1% below the Steel industry median of 3.93. Aisha Steel Mills' overall GF Score™ is 58/100 with 6 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 Aisha Steel Mills (KAR:ASL), the current Return-on-Tangible-Equity is 0.98% 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.
Is Aisha Steel Mills (KAR:ASL) Overvalued in 2026?
Based on GuruFocus' analysis, Aisha Steel Mills stock appears to be overvalued.
The current stock price of ₨13.33 is trading 1.4% above its estimated GF Value™ of ₨13.14.
GuruFocus considers Aisha Steel Mills to be Fairly Valued.
Key valuation signals for KAR:ASL:
Return-on-Tangible-Equity: 0.98% (near median its 10-year median of 1.05)
GF Value™: ₨13.14 vs. price of ₨13.33 (1.4% above fair value)
Industry Position: 75.1% below the Steel median (#411 of 615)
No single metric tells the full story. See the KAR:ASL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aisha Steel Mills Ltd is involved in manufacturing and selling cold rolled steel coils and sheets to the industrial, engineering, and manufacturing industries in Pakistan. Its product offerings include hot-dipped galvanized steel coils, cold-rolled steel coils, and others. The company geographically operates in Pakistan, North America, Middle East, Europe and Asia. The majority of revenue is derived from Pakistan.
58GF Score
Get the complete analysis for KAR:ASL
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KAR:ASL has been successfully added to your 
