AIA EngineeringNSE:AIAENG -0.09%90 Return-on-Tangible-Equity is 19.66% as of Mar. 2026, which is 22% above its 10-year median of 16.12. GuruFocus rates NSE:AIAENG with a GF Score™ of 90/100 and a GF Value™ of ₹3,571.63 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,972 Industrial Products companies, AIA Engineering ranks better than 81.7% 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. AIA Engineering's annualized net income for the quarter that ended in Mar. 2026 was ₹15,731 Mil. AIA Engineering's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹80,004 Mil. Therefore, AIA Engineering's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.66%.
The historical rank and industry rank for AIA Engineering's Return-on-Tangible-Equity or its related term are showing as below:
NSE:AIAENG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.84 Med: 16.12 Max: 20.31
Current: 17.13
During the past 13 years, AIA Engineering's highest Return-on-Tangible-Equity was 20.31%. The lowest was 13.84%. And the median was 16.12%.
NSE:AIAENG's Return-on-Tangible-Equity is ranked better than 81.7% of 2972
companies
in the Industrial Products industry
Industry Median: 6.72
vs NSE:AIAENG: 17.13
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.
AIA Engineering Return-on-Tangible-Equity Related Terms
AIA Engineering Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for AIA Engineering'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:AIAENG vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, AIA Engineering'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.
AIA Engineering Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, AIA Engineering's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where AIA Engineering'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 19.66% mean?
AIA Engineering (NSE:AIAENG) has a Return-on-Tangible-Equity of 19.66% 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 AIA Engineering and its competitors. This is 22% above median its historical median of 16.12. Over the past decade, AIA Engineering's Return-on-Tangible-Equity has ranged from 13.84 to 20.31. According to the industry distribution chart, AIA Engineering ranks #544 out of 2972 companies in the Industrial Products industry, placing it in the top 18.3%.
Is AIA Engineering's Return-on-Tangible-Equity too high?
AIA Engineering's current Return-on-Tangible-Equity of 19.66% is 22% above median its 10-year median of 16.12. Over the past 10 years, this metric has ranged from a low of 13.84 to a high of 20.31. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. AIA Engineering's value of 19.66% is 192.6% above this industry median. Based on the distribution chart, AIA Engineering ranks #544 out of 2972 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, AIA Engineering has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AIA Engineering's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, AIA Engineering ranks #544 out of 2972 companies for Return-on-Tangible-Equity. This places AIA Engineering in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. AIA Engineering's value of 19.66% is 192.6% above this benchmark. Historically, AIA Engineering's own Return-on-Tangible-Equity has ranged from 13.84 to 20.31 over the past decade. While the company's 10-year median is 16.12 vs. the industry median of 6.72, AIA Engineering 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 6.72, based on 2,972 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. AIA Engineering's current Return-on-Tangible-Equity of 19.66% is 192.6% 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 AIA Engineering and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIA Engineering's current Return-on-Tangible-Equity is 19.66%, which is 22% above median its own 10-year median of 16.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIA Engineering stock overvalued right now?
Based on GuruFocus' analysis, AIA Engineering (NSE:AIAENG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,571.63, compared to a current price of ₹4,683.50 — trading 31.1% above its estimated fair value. The current Return-on-Tangible-Equity is 19.66%, which is 22% above median its 10-year median of 16.12 and 192.6% above the Industrial Products industry median of 6.72. AIA Engineering's overall GF Score™ is 90/100 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 AIA Engineering (NSE:AIAENG), the current Return-on-Tangible-Equity is 19.66% 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 AIA Engineering (NSE:AIAENG) Overvalued in 2026?
Based on GuruFocus' analysis, AIA Engineering stock appears to be overvalued.
The current stock price of ₹4,683.50 is trading 31.1% above its estimated GF Value™ of ₹3,571.63.
GuruFocus considers AIA Engineering to be Significantly Overvalued.
Key valuation signals for NSE:AIAENG:
Return-on-Tangible-Equity: 19.66% (22% above median its 10-year median of 16.12)
GF Value™: ₹3,571.63 vs. price of ₹4,683.50 (31.1% above fair value)
Industry Position: 192.6% above the Industrial Products median (#544 of 2972)
No single metric tells the full story. See the NSE:AIAENG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AIA Engineering Ltd is an India-based company that develops, manufactures, and distributes chromium consumable wear parts, including grinding media, shell liners, diaphragms, grinding tables, heat-resistant castings, cone crushers, and others. The Company operates in only one Segment which is Manufacturing of High Chrome Mill Internals. The company's products are applied in the crushing/grinding processes in the cement, mining, thermal power, and other sectors. AIA Engineering Ltd generates the majority of its sales from markets outside of India. Vega Industries, a wholly-owned subsidiary of this company, is responsible for distributing the company's products outside India.
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