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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. Innomet Advanced Materials's annualized net income for the quarter that ended in Mar. 2026 was ₹-17.8 Mil. Innomet Advanced Materials's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹401.9 Mil. Therefore, Innomet Advanced Materials's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -4.42%.
The historical rank and industry rank for Innomet Advanced Materials's Return-on-Tangible-Equity or its related term are showing as below:
NSE:INNOMET'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.11 Med: 13.41 Max: 59.23
Current: -1.11
During the past 6 years, Innomet Advanced Materials's highest Return-on-Tangible-Equity was 59.23%. The lowest was -1.11%. And the median was 13.41%.
NSE:INNOMET's Return-on-Tangible-Equity is ranked better than 70.6% of 2401
companies
in the Metals & Mining industry
Industry Median: -16.33
vs NSE:INNOMET: -1.11
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.
Innomet Advanced Materials Return-on-Tangible-Equity Related Terms
Innomet Advanced Materials 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.
For the Other Industrial Metals & Mining subindustry, Innomet Advanced Materials'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.
Innomet Advanced Materials Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Innomet Advanced Materials's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Innomet Advanced Materials'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 -4.42% mean?
Innomet Advanced Materials (NSE:INNOMET) has a Return-on-Tangible-Equity of -4.42% 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 Innomet Advanced Materials and its competitors. According to the industry distribution chart, Innomet Advanced Materials ranks #706 out of 2401 companies in the Metals & Mining industry, placing it in the top 29.4%.
Is Innomet Advanced Materials' Return-on-Tangible-Equity too high?
Innomet Advanced Materials' current Return-on-Tangible-Equity is -4.42%. Based on the distribution chart, Innomet Advanced Materials ranks #706 out of 2401 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Innomet Advanced Materials has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Innomet Advanced Materials' Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Innomet Advanced Materials ranks #706 out of 2401 companies for Return-on-Tangible-Equity. This puts Innomet Advanced Materials in the upper half of its industry. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. 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 Innomet Advanced Materials and its competitors. Innomet Advanced Materials's current Return-on-Tangible-Equity is -4.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innomet Advanced Materials stock overvalued right now?
Innomet Advanced Materials (NSE:INNOMET) has a current Return-on-Tangible-Equity of -4.42%. The current Return-on-Tangible-Equity is -4.42%. Innomet Advanced Materials' overall GF Score™ is 44/100 with 7 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 Innomet Advanced Materials (NSE:INNOMET), the current Return-on-Tangible-Equity is -4.42% 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.
Innomet Advanced Materials Ltd is involved in manufacturing and supplying ferrous and non-ferrous metal/alloy powders and tungsten heavy alloy components. It has two divisions under the brand names Innomet Powders and Innotung. Innomet Powders produces metal and alloy powders using water, air, and gas atomization processes. Innotung is the brand name for the tungsten heavy alloy series made through powder metallurgy by the company. It supplies these materials as bars, plates, cubes, spheres, and components of various sizes and shapes, also in finished machined condition according to customer drawings. The company operates in two product segments: metal powders and tungsten heavy alloys.
44GF Score
Get the complete analysis for NSE:INNOMET
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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