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Aeroflex EnterprisesNSE:AEROENTER -0.09%94 Return-on-Tangible-Equity is 12.59% as of Mar. 2026, which is 22% above its 10-year median of 10.30. GuruFocus rates NSE:AEROENTER with a GF Score™ of 94/100 and a GF Value™ of ₹133.20 (Fairly Valued). The stock has 6 warning signs investors should review. Among 615 Steel companies, Aeroflex Enterprises ranks better than 72.2% 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. Aeroflex Enterprises's annualized net income for the quarter that ended in Mar. 2026 was ₹961 Mil. Aeroflex Enterprises's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹7,633 Mil. Therefore, Aeroflex Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.59%.
The historical rank and industry rank for Aeroflex Enterprises's Return-on-Tangible-Equity or its related term are showing as below:
NSE:AEROENTER'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.84 Med: 10.3 Max: 57.45
Current: 9.21
During the past 13 years, Aeroflex Enterprises's highest Return-on-Tangible-Equity was 57.45%. The lowest was 1.84%. And the median was 10.30%.
NSE:AEROENTER's Return-on-Tangible-Equity is ranked better than 72.2% of 615
companies
in the Steel industry
Industry Median: 4.23
vs NSE:AEROENTER: 9.21
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.
Aeroflex Enterprises Return-on-Tangible-Equity Related Terms
Aeroflex Enterprises Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Aeroflex Enterprises'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.
NSE:AEROENTER vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Aeroflex Enterprises'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.
Aeroflex Enterprises Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Aeroflex Enterprises's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aeroflex Enterprises'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 12.59% mean?
Aeroflex Enterprises (NSE:AEROENTER) has a Return-on-Tangible-Equity of 12.59% 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 Aeroflex Enterprises and its competitors. This is 22% above median its historical median of 10.30. Over the past decade, Aeroflex Enterprises' Return-on-Tangible-Equity has ranged from 1.84 to 57.45. According to the industry distribution chart, Aeroflex Enterprises ranks #171 out of 615 companies in the Steel industry, placing it in the top 27.8%.
Is Aeroflex Enterprises' Return-on-Tangible-Equity too high?
Aeroflex Enterprises' current Return-on-Tangible-Equity of 12.59% is 22% above median its 10-year median of 10.30. Over the past 10 years, this metric has ranged from a low of 1.84 to a high of 57.45. The Steel industry median Return-on-Tangible-Equity is 4.23. Aeroflex Enterprises' value of 12.59% is 197.6% above this industry median. Based on the distribution chart, Aeroflex Enterprises ranks #171 out of 615 companies in the Steel industry, which is above the industry midpoint. Overall, Aeroflex Enterprises has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aeroflex Enterprises' Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Aeroflex Enterprises ranks #171 out of 615 companies for Return-on-Tangible-Equity. This puts Aeroflex Enterprises in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.23. Aeroflex Enterprises' value of 12.59% is 197.6% above this benchmark. Historically, Aeroflex Enterprises' own Return-on-Tangible-Equity has ranged from 1.84 to 57.45 over the past decade. While the company's 10-year median is 10.30 vs. the industry median of 4.23, Aeroflex Enterprises 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 4.23, 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. Aeroflex Enterprises's current Return-on-Tangible-Equity of 12.59% is 197.6% 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 Aeroflex Enterprises and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeroflex Enterprises's current Return-on-Tangible-Equity is 12.59%, which is 22% above median its own 10-year median of 10.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeroflex Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Aeroflex Enterprises (NSE:AEROENTER) is currently considered Fairly Valued. The stock's GF Value™ is ₹133.20, compared to a current price of ₹129.29 — trading 2.9% below its estimated fair value. The current Return-on-Tangible-Equity is 12.59%, which is 22% above median its 10-year median of 10.30 and 197.6% above the Steel industry median of 4.23. Aeroflex Enterprises' overall GF Score™ is 94/100 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 Aeroflex Enterprises (NSE:AEROENTER), the current Return-on-Tangible-Equity is 12.59% 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 Aeroflex Enterprises (NSE:AEROENTER) Overvalued in 2026?
Based on GuruFocus' analysis, Aeroflex Enterprises stock appears to be undervalued.
The current stock price of ₹129.29 is trading 2.9% below its estimated GF Value™ of ₹133.20.
GuruFocus considers Aeroflex Enterprises to be Fairly Valued.
Key valuation signals for NSE:AEROENTER:
Return-on-Tangible-Equity: 12.59% (22% above median its 10-year median of 10.30)
GF Value™: ₹133.20 vs. price of ₹129.29 (2.9% below fair value)
Industry Position: 197.6% above the Steel median (#171 of 615)
No single metric tells the full story. See the NSE:AEROENTER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aeroflex Enterprises Ltd Formerly Sat Industries Ltd is an Indian-based company engaged in the business of international trading, investment, and finance, leasing of assets, manufacturing of flexible packaging, hose pipes, education, etc. through its own or through subsidiary and associate companies. The company also offers stainless steel hose assemblies, welding sleeves, different types of fittings, and couplings, as per customer requirements. The operating segments of the company include trading; manufacturing, finance and investment. The company generates maximum revenue from the manufacturing segment. Geographically, the company derives a majority of its revenue from India.
94GF Score
Get the complete analysis for NSE:AEROENTER
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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