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International ConveyorsNSE:INTLCONV -1.23%83 Return-on-Tangible-Equity is 3.77% as of Mar. 2026, which is 64% below its 10-year median of 10.46. GuruFocus rates NSE:INTLCONV with a GF Score™ of 83/100 and a GF Value™ of ₹120.81 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,970 Industrial Products companies, International Conveyors ranks better than 82.29% 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. International Conveyors's annualized net income for the quarter that ended in Mar. 2026 was ₹160 Mil. International Conveyors's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹4,233 Mil. Therefore, International Conveyors's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.77%.
The historical rank and industry rank for International Conveyors's Return-on-Tangible-Equity or its related term are showing as below:
NSE:INTLCONV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.48 Med: 10.46 Max: 28.99
Current: 17.47
During the past 13 years, International Conveyors's highest Return-on-Tangible-Equity was 28.99%. The lowest was -5.48%. And the median was 10.46%.
NSE:INTLCONV's Return-on-Tangible-Equity is ranked better than 82.29% of 2970
companies
in the Industrial Products industry
Industry Median: 6.725
vs NSE:INTLCONV: 17.47
International Conveyors (NSE:INTLCONV) 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.
International Conveyors Return-on-Tangible-Equity Related Terms
International Conveyors Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for International Conveyors'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.
International Conveyors Return-on-Tangible-Equity Chart
NSE:INTLCONV vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, International Conveyors'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.
International Conveyors Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, International Conveyors's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where International Conveyors'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 3.77% mean?
International Conveyors (NSE:INTLCONV) has a Return-on-Tangible-Equity of 3.77% 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 International Conveyors and its competitors. This is 64% below median its historical median of 10.46. According to the industry distribution chart, International Conveyors ranks #526 out of 2970 companies in the Industrial Products industry, placing it in the top 17.7%.
Is International Conveyors' Return-on-Tangible-Equity too high?
International Conveyors' current Return-on-Tangible-Equity of 3.77% is 64% below median its 10-year median of 10.46. The Industrial Products industry median Return-on-Tangible-Equity is 6.73. International Conveyors' value of 3.77% is 43.9% below this industry median. Based on the distribution chart, International Conveyors ranks #526 out of 2970 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, International Conveyors has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does International Conveyors' Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, International Conveyors ranks #526 out of 2970 companies for Return-on-Tangible-Equity. This places International Conveyors in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.73. International Conveyors' value of 3.77% is 43.9% below this benchmark. While the company's 10-year median is 10.46 vs. the industry median of 6.73, International Conveyors 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 6.73, based on 2,970 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. International Conveyors's current Return-on-Tangible-Equity of 3.77% is 43.9% 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 International Conveyors and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Conveyors's current Return-on-Tangible-Equity is 3.77%, which is 64% below median its own 10-year median of 10.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Conveyors stock overvalued right now?
Based on GuruFocus' analysis, International Conveyors (NSE:INTLCONV) is currently considered Possible Value Trap. The stock's GF Value™ is ₹120.81, compared to a current price of ₹79.29 — trading 34.4% below its estimated fair value. The current Return-on-Tangible-Equity is 3.77%, which is 64% below median its 10-year median of 10.46 and 43.9% below the Industrial Products industry median of 6.73. International Conveyors' overall GF Score™ is 83/100 with 2 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 International Conveyors (NSE:INTLCONV), the current Return-on-Tangible-Equity is 3.77% 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 International Conveyors (NSE:INTLCONV) Overvalued in 2026?
Based on GuruFocus' analysis, International Conveyors stock appears to be undervalued.
The current stock price of ₹79.29 is trading 34.4% below its estimated GF Value™ of ₹120.81.
GuruFocus considers International Conveyors to be Possible Value Trap.
Key valuation signals for NSE:INTLCONV:
Return-on-Tangible-Equity: 3.77% (64% below median its 10-year median of 10.46)
GF Value™: ₹120.81 vs. price of ₹79.29 (34.4% below fair value)
Industry Position: 43.9% below the Industrial Products median (#526 of 2970)
No single metric tells the full story. See the NSE:INTLCONV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
International Conveyors Ltd is engaged in manufacturing and trading of Conveyor belting and fitting and accessories; and generation and sale of power. The company is manufactures and markets solid woven fabric reinforced PVC impregnated and PVC covered fire retardant, anti static conveyor belting. The company operates its business through the segments of Conveyor Belting, Wind Energy, Trading Goods, and Treasury segment. The Conveyor Belting segment, which is the key revenue driver, includes PVC fire-resistant antistatic solid woven coal conveyor belting whereas the Wind Energy segment includes generation, supply, and sale of wind power. The group sells its products in India and also exports them to other countries, of which key revenue is derived from the export sales made.
83GF Score
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