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Aeron CompositeNSE:AERON +2.34%40 Return-on-Tangible-Equity is 2.75% as of Mar. 2026, which is 88% below its 10-year median of 23.66. GuruFocus rates NSE:AERON with a GF Score™ of 40/100. The stock has 8 warning signs investors should review. Among 549 Conglomerates companies, Aeron Composite ranks better than 53.92% 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. Aeron Composite's annualized net income for the quarter that ended in Mar. 2026 was ₹30 Mil. Aeron Composite's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,080 Mil. Therefore, Aeron Composite's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.75%.
The historical rank and industry rank for Aeron Composite's Return-on-Tangible-Equity or its related term are showing as below:
NSE:AERON'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.26 Med: 23.66 Max: 33.48
Current: 8.26
During the past 6 years, Aeron Composite's highest Return-on-Tangible-Equity was 33.48%. The lowest was 8.26%. And the median was 23.66%.
NSE:AERON's Return-on-Tangible-Equity is ranked better than 53.92% of 549
companies
in the Conglomerates industry
Industry Median: 7.38
vs NSE:AERON: 8.26
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.
Aeron Composite Return-on-Tangible-Equity Related Terms
Aeron Composite Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Aeron Composite'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:AERON vs MMM, HON: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Aeron Composite'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.
Aeron Composite Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Aeron Composite's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aeron Composite'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 2.75% mean?
Aeron Composite (NSE:AERON) has a Return-on-Tangible-Equity of 2.75% 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 Aeron Composite and its competitors. This is 88% below median its historical median of 23.66. Over the past decade, Aeron Composite's Return-on-Tangible-Equity has ranged from 8.26 to 33.48. According to the industry distribution chart, Aeron Composite ranks #253 out of 549 companies in the Conglomerates industry, placing it in the top 46.1%.
Is Aeron Composite's Return-on-Tangible-Equity too high?
Aeron Composite's current Return-on-Tangible-Equity of 2.75% is 88% below median its 10-year median of 23.66. Over the past 10 years, this metric has ranged from a low of 8.26 to a high of 33.48. The Conglomerates industry median Return-on-Tangible-Equity is 7.38. Aeron Composite's value of 2.75% is 62.7% below this industry median. Based on the distribution chart, Aeron Composite ranks #253 out of 549 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Aeron Composite has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Aeron Composite's Return-on-Tangible-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, Aeron Composite ranks #253 out of 549 companies for Return-on-Tangible-Equity. This puts Aeron Composite in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.38. Aeron Composite's value of 2.75% is 62.7% below this benchmark. Historically, Aeron Composite's own Return-on-Tangible-Equity has ranged from 8.26 to 33.48 over the past decade. While the company's 10-year median is 23.66 vs. the industry median of 7.38, Aeron Composite 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.38, based on 549 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. Aeron Composite's current Return-on-Tangible-Equity of 2.75% is 62.7% 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 Aeron Composite and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeron Composite's current Return-on-Tangible-Equity is 2.75%, which is 88% below median its own 10-year median of 23.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeron Composite stock overvalued right now?
Aeron Composite (NSE:AERON) has a current Return-on-Tangible-Equity of 2.75%. The current Return-on-Tangible-Equity is 2.75%, which is 88% below median its 10-year median of 23.66 and 62.7% below the Conglomerates industry median of 7.38. Aeron Composite's overall GF Score™ is 40/100 with 8 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 Aeron Composite (NSE:AERON), the current Return-on-Tangible-Equity is 2.75% 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.
Aeron Composite Ltd is engaged in the manufacturing and supply of ceramic refractories, FRP/GRP composites, ceramic tiles, waterjet and laser cutting machines, paints, and lime. It offers complete solutions, including conceptual design, prototype development, testing, manufacturing, logistic support, installation, and comprehensive after-sales service. The company's products are used in various markets and applications such as water and wastewater, metals and mining, oil and gas, pulp and paper, transportation, telecommunications, pharmaceuticals, and chemicals. Geographically, it serves both domestic and international markets, with the majority of its revenue derived from customers located outside India.
40GF Score
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