Alicon Castalloy (NSE:ALICON) Return-on-Tangible-Equity: 5.68% (As of Mar. 2026) — 46% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ALICON Alicon Castalloy Ltd NSE:ALICON
74 GF Score
Price ₹623.75
GF Value ₹1,087.74
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Alicon Castalloy Return-on-Tangible-Equity?

Alicon Castalloy NSE:ALICON -1.53% 74 Return-on-Tangible-Equity is 5.68% as of Mar. 2026, which is 46% below its 10-year median of 10.48. GuruFocus rates NSE:ALICON with a GF Score™ of 74/100 and a GF Value™ of ₹1,087.74 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,969 Industrial Products companies, Alicon Castalloy ranks worse than 51.94% 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. Alicon Castalloy's annualized net income for the quarter that ended in Mar. 2026 was ₹318 Mil. Alicon Castalloy's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹5,594 Mil. Therefore, Alicon Castalloy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.68%.

The historical rank and industry rank for Alicon Castalloy's Return-on-Tangible-Equity or its related term are showing as below:

NSE:ALICON' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.64   Med: 10.48   Max: 19.2
Current: 6.29

During the past 13 years, Alicon Castalloy's highest Return-on-Tangible-Equity was 19.20%. The lowest was -0.64%. And the median was 10.48%.

NSE:ALICON's Return-on-Tangible-Equity is ranked worse than
51.94% of 2969 companies
in the Industrial Products industry
Industry Median: 6.76 vs NSE:ALICON: 6.29

Alicon Castalloy  (NSE:ALICON) Return-on-Tangible-Equity Explanation

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.


Alicon Castalloy Return-on-Tangible-Equity Related Terms


Alicon Castalloy Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Alicon Castalloy'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.

Alicon Castalloy Return-on-Tangible-Equity Chart

Alicon Castalloy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.79 12.02 13.06 8.93 6.31

Alicon Castalloy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.09 7.00 10.07 2.39 5.68

NSE:ALICON vs CRS, ATI, MLI: Return-on-Tangible-Equity Comparison

For the Metal Fabrication subindustry, Alicon Castalloy'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.


Alicon Castalloy Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Alicon Castalloy's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Alicon Castalloy's Return-on-Tangible-Equity falls into.


NSE:ALICON
74GF Score
Alicon Castalloy Ltd NSE:ALICON
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alicon Castalloy Return-on-Tangible-Equity Calculation

Alicon Castalloy's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=344.375/( (5320.377+5593.625 )/ 2 )
=344.375/5457.001
=6.31 %

Alicon Castalloy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=317.564/( (0+5593.625)/ 1 )
=317.564/5593.625
=5.68 %

* 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 5.68% mean?
Alicon Castalloy (NSE:ALICON) has a Return-on-Tangible-Equity of 5.68% 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 Alicon Castalloy and its competitors. This is 46% below median its historical median of 10.48. According to the industry distribution chart, Alicon Castalloy ranks #1542 out of 2969 companies in the Industrial Products industry, placing it in the top 51.9%.
Is Alicon Castalloy's Return-on-Tangible-Equity too high?
Alicon Castalloy's current Return-on-Tangible-Equity of 5.68% is 46% below median its 10-year median of 10.48. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Alicon Castalloy's value of 5.68% is 16% below this industry median. Based on the distribution chart, Alicon Castalloy ranks #1542 out of 2969 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Alicon Castalloy has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alicon Castalloy's Return-on-Tangible-Equity compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Alicon Castalloy ranks #1542 out of 2969 companies for Return-on-Tangible-Equity. This places Alicon Castalloy in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.76. Alicon Castalloy's value of 5.68% is 16% below this benchmark. While the company's 10-year median is 10.48 vs. the industry median of 6.76, Alicon Castalloy 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, based on 2,969 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. Alicon Castalloy's current Return-on-Tangible-Equity of 5.68% is 16% 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 Alicon Castalloy 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. Alicon Castalloy's current Return-on-Tangible-Equity is 5.68%, which is 46% below median its own 10-year median of 10.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alicon Castalloy stock overvalued right now?
Based on GuruFocus' analysis, Alicon Castalloy (NSE:ALICON) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,087.74, compared to a current price of ₹623.75 — trading 42.7% below its estimated fair value. The current Return-on-Tangible-Equity is 5.68%, which is 46% below median its 10-year median of 10.48 and 16% below the Industrial Products industry median of 6.76. Alicon Castalloy's overall GF Score™ is 74/100 with 3 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 Alicon Castalloy (NSE:ALICON), the current Return-on-Tangible-Equity is 5.68% 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 Alicon Castalloy (NSE:ALICON) Overvalued in 2026?

Based on GuruFocus' analysis, Alicon Castalloy stock appears to be undervalued. The current stock price of ₹623.75 is trading 42.7% below its estimated GF Value™ of ₹1,087.74. GuruFocus considers Alicon Castalloy to be Significantly Undervalued.

Key valuation signals for NSE:ALICON:

  • Return-on-Tangible-Equity: 5.68% (46% below median its 10-year median of 10.48)
  • GF Value™: ₹1,087.74 vs. price of ₹623.75 (42.7% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 16% below the Industrial Products median (#1542 of 2969)

No single metric tells the full story. See the NSE:ALICON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alicon Castalloy Business Description

Other Exchanges 531147:India
Address Gat No. 1426, Village - Shikrapur, Taluka Shirur, Pune, MH, IND, 412 208
Alicon Castalloy Ltd is an India-based supplier of light alloy casting solutions. The company, along with its subsidiaries, is engaged in designing, engineering, casting, machining and assembly, painting and surface treatment of aluminum components. It manufactures aluminum alloy die castings mainly used in the automotive segment of the industry. The firm offers auto components, such as cylinder heads, engine and transmission brackets, bridge fork top, intake manifold, swing arm, and other components, and non-auto components, such as agricultural, aerospace and marine, locomotive, infrastructure, energy, defense, and medical and health components. Geographically, it derives a majority revenue from India.
74GF Score

Get the complete analysis for NSE:ALICON

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹623.75
Price
₹1,087.74
GF Value