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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. Emkay Taps and Cutting Tools's annualized net income for the quarter that ended in Mar. 2025 was ₹-563.4 Mil. Emkay Taps and Cutting Tools's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹2,876.9 Mil. Therefore, Emkay Taps and Cutting Tools's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was -19.58%.
The historical rank and industry rank for Emkay Taps and Cutting Tools's Return-on-Tangible-Equity or its related term are showing as below:
NSE:EMKAYTOOLS's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 6.78 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) 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.
Emkay Taps and Cutting Tools Return-on-Tangible-Equity Related Terms
Emkay Taps and Cutting Tools Return-on-Tangible-Equity Historical Data
* 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.
Emkay Taps and Cutting Tools Return-on-Tangible-Equity Chart
NSE:EMKAYTOOLS vs SNA, RBC, LECO: Return-on-Tangible-Equity Comparison
For the Tools & Accessories subindustry, Emkay Taps and Cutting Tools'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.
Emkay Taps and Cutting Tools Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Emkay Taps and Cutting Tools's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Emkay Taps and Cutting Tools'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. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -19.58% mean?
Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) has a Return-on-Tangible-Equity of -19.58% as of Mar. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Emkay Taps and Cutting Tools and its competitors.
Is Emkay Taps and Cutting Tools' Return-on-Tangible-Equity too high?
Emkay Taps and Cutting Tools' current Return-on-Tangible-Equity is -19.58%. Overall, Emkay Taps and Cutting Tools has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Emkay Taps and Cutting Tools' Return-on-Tangible-Equity compare to SNA and RBC?
Emkay Taps and Cutting Tools' Return-on-Tangible-Equity of -19.58% can be compared against companies in the Industrial Products industry. The industry median Return-on-Tangible-Equity is 6.78. 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 6.78, based on 2,973 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. 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 Emkay Taps and Cutting Tools and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emkay Taps and Cutting Tools's current Return-on-Tangible-Equity is -19.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emkay Taps and Cutting Tools stock overvalued right now?
Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) has a current Return-on-Tangible-Equity of -19.58%. The current Return-on-Tangible-Equity is -19.58%. Emkay Taps and Cutting Tools' overall GF Score™ is 71/100. 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 Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS), the current Return-on-Tangible-Equity is -19.58% as of Mar. 2025. 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.
Emkay Taps and Cutting Tools Ltd is engaged in manufacturing and selling taps and cutting tools. The company operates two main segments: the manufacturing of taps and cutting tools, and the production of power through windmills. The majority of its revenue is generated from the tools segment. It runs two wind farm projects located in Shivapura Kavalu Village, Belur Taluka, Hassan District, Karnataka, and Kita & Ugawa, Jaisalmer District, Rajasthan.
71GF Score
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