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Deem Roll TechNSE:DEEM 32 Return-on-Tangible-Equity is 6.12% as of Mar. 2026, which is 40% below its 10-year median of 10.20. GuruFocus rates NSE:DEEM with a GF Score™ of 32/100. The stock has 8 warning signs investors should review. Among 616 Steel companies, Deem Roll Tech ranks worse than 57.31% 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. Deem Roll Tech's annualized net income for the quarter that ended in Mar. 2026 was ₹52.8 Mil. Deem Roll Tech's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹863.6 Mil. Therefore, Deem Roll Tech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.12%.
The historical rank and industry rank for Deem Roll Tech's Return-on-Tangible-Equity or its related term are showing as below:
NSE:DEEM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.5 Med: 10.2 Max: 16.3
Current: 2.54
During the past 6 years, Deem Roll Tech's highest Return-on-Tangible-Equity was 16.30%. The lowest was 2.50%. And the median was 10.20%.
NSE:DEEM's Return-on-Tangible-Equity is ranked worse than 57.31% of 616
companies
in the Steel industry
Industry Median: 4.23
vs NSE:DEEM: 2.54
Deem Roll Tech (NSE:DEEM) 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.
Deem Roll Tech Return-on-Tangible-Equity Related Terms
Deem Roll Tech Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Deem Roll Tech'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:DEEM vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Deem Roll Tech'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.
Deem Roll Tech Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Deem Roll Tech's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Deem Roll Tech'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 6.12% mean?
Deem Roll Tech (NSE:DEEM) has a Return-on-Tangible-Equity of 6.12% 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 Deem Roll Tech and its competitors. This is 40% below median its historical median of 10.20. Over the past decade, Deem Roll Tech's Return-on-Tangible-Equity has ranged from 2.50 to 16.30. According to the industry distribution chart, Deem Roll Tech ranks #353 out of 616 companies in the Steel industry, placing it in the top 57.3%.
Is Deem Roll Tech's Return-on-Tangible-Equity too high?
Deem Roll Tech's current Return-on-Tangible-Equity of 6.12% is 40% below median its 10-year median of 10.20. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 16.30. The Steel industry median Return-on-Tangible-Equity is 4.23. Deem Roll Tech's value of 6.12% is 44.7% above this industry median. Based on the distribution chart, Deem Roll Tech ranks #353 out of 616 companies in the Steel industry, which is below the industry midpoint. Overall, Deem Roll Tech has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Deem Roll Tech's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Deem Roll Tech ranks #353 out of 616 companies for Return-on-Tangible-Equity. This places Deem Roll Tech in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.23. Deem Roll Tech's value of 6.12% is 44.7% above this benchmark. Historically, Deem Roll Tech's own Return-on-Tangible-Equity has ranged from 2.50 to 16.30 over the past decade. While the company's 10-year median is 10.20 vs. the industry median of 4.23, Deem Roll Tech 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 616 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. Deem Roll Tech's current Return-on-Tangible-Equity of 6.12% is 44.7% 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 Deem Roll Tech 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. Deem Roll Tech's current Return-on-Tangible-Equity is 6.12%, which is 40% below median its own 10-year median of 10.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deem Roll Tech stock overvalued right now?
Deem Roll Tech (NSE:DEEM) has a current Return-on-Tangible-Equity of 6.12%. The current Return-on-Tangible-Equity is 6.12%, which is 40% below median its 10-year median of 10.20 and 44.7% above the Steel industry median of 4.23. Deem Roll Tech's overall GF Score™ is 32/100 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 Deem Roll Tech (NSE:DEEM), the current Return-on-Tangible-Equity is 6.12% 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.
Deem Roll Tech Ltd is a manufacturer of high-quality steel and alloy Rolls in India. The company comprises three fully integrated factories with machine shops, foundries and heat treatment plants. The company's products include S.G Iron or Ductile Iron Roll, Indefinite Chill Alloy Cast Iron, Alloy Steel Base, Double Poured Alloy Indefinite Chil, HSS Rolls, Spheroidal Graphite Iron Rolls, etc. The company generates the majority of its revenue from sales in the Domestic market.
32GF Score
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