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.
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.
Lloyds Engineering WorksNSE:LLOYDSENGG -0.03%84 Return-on-Tangible-Equity is 12.51% as of Mar. 2026, which is 234% above its 10-year median of 3.75. GuruFocus rates NSE:LLOYDSENGG with a GF Score™ of 84/100 and a GF Value™ of ₹109.03 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,969 Industrial Products companies, Lloyds Engineering Works ranks better than 83.53% 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. Lloyds Engineering Works's annualized net income for the quarter that ended in Mar. 2026 was ₹1,873 Mil. Lloyds Engineering Works's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹14,977 Mil. Therefore, Lloyds Engineering Works's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.51%.
The historical rank and industry rank for Lloyds Engineering Works's Return-on-Tangible-Equity or its related term are showing as below:
NSE:LLOYDSENGG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.45 Med: 3.75 Max: 26.41
Current: 18.71
During the past 13 years, Lloyds Engineering Works's highest Return-on-Tangible-Equity was 26.41%. The lowest was 0.45%. And the median was 3.75%.
NSE:LLOYDSENGG's Return-on-Tangible-Equity is ranked better than 83.53% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs NSE:LLOYDSENGG: 18.71
Lloyds Engineering Works (NSE:LLOYDSENGG) 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.
Lloyds Engineering Works Return-on-Tangible-Equity Related Terms
Lloyds Engineering Works Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Lloyds Engineering Works'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.
Lloyds Engineering Works Return-on-Tangible-Equity Chart
NSE:LLOYDSENGG vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Lloyds Engineering Works'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.
Lloyds Engineering Works Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Lloyds Engineering Works's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lloyds Engineering Works'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 12.51% mean?
Lloyds Engineering Works (NSE:LLOYDSENGG) has a Return-on-Tangible-Equity of 12.51% 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 Lloyds Engineering Works and its competitors. This is 234% above median its historical median of 3.75. Over the past decade, Lloyds Engineering Works' Return-on-Tangible-Equity has ranged from 0.45 to 26.41. According to the industry distribution chart, Lloyds Engineering Works ranks #489 out of 2969 companies in the Industrial Products industry, placing it in the top 16.5%.
Is Lloyds Engineering Works' Return-on-Tangible-Equity too high?
Lloyds Engineering Works' current Return-on-Tangible-Equity of 12.51% is 234% above median its 10-year median of 3.75. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 26.41. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Lloyds Engineering Works' value of 12.51% is 86.2% above this industry median. Based on the distribution chart, Lloyds Engineering Works ranks #489 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Lloyds Engineering Works has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lloyds Engineering Works' Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Lloyds Engineering Works ranks #489 out of 2969 companies for Return-on-Tangible-Equity. This places Lloyds Engineering Works in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. Lloyds Engineering Works' value of 12.51% is 86.2% above this benchmark. Historically, Lloyds Engineering Works' own Return-on-Tangible-Equity has ranged from 0.45 to 26.41 over the past decade. While the company's 10-year median is 3.75 vs. the industry median of 6.72, Lloyds Engineering Works 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, 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. Lloyds Engineering Works's current Return-on-Tangible-Equity of 12.51% is 86.2% 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 Lloyds Engineering Works and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lloyds Engineering Works's current Return-on-Tangible-Equity is 12.51%, which is 234% above median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lloyds Engineering Works stock overvalued right now?
Based on GuruFocus' analysis, Lloyds Engineering Works (NSE:LLOYDSENGG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹109.03, compared to a current price of ₹88.56 — trading 18.8% below its estimated fair value. The current Return-on-Tangible-Equity is 12.51%, which is 234% above median its 10-year median of 3.75 and 86.2% above the Industrial Products industry median of 6.72. Lloyds Engineering Works' overall GF Score™ is 84/100 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 Lloyds Engineering Works (NSE:LLOYDSENGG), the current Return-on-Tangible-Equity is 12.51% 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 Lloyds Engineering Works (NSE:LLOYDSENGG) Overvalued in 2026?
Based on GuruFocus' analysis, Lloyds Engineering Works stock appears to be undervalued.
The current stock price of ₹88.56 is trading 18.8% below its estimated GF Value™ of ₹109.03.
GuruFocus considers Lloyds Engineering Works to be Modestly Undervalued.
Key valuation signals for NSE:LLOYDSENGG:
Return-on-Tangible-Equity: 12.51% (234% above median its 10-year median of 3.75)
GF Value™: ₹109.03 vs. price of ₹88.56 (18.8% below fair value)
Industry Position: 86.2% above the Industrial Products median (#489 of 2969)
No single metric tells the full story. See the NSE:LLOYDSENGG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lloyds Engineering Works Ltd is a Designer and Manufacturer of Heavy Equipment, Machinery and Systems for Hydro Carbon Sector, Oil & Gas, Steel Plants, Power Plants, Nuclear Plant Boilers and Turnkey Projects. The Company has single business Segment namely Engineering Products and Services.Engineering Business was established in 1974 at Andheri, Mumbai and subsequently shifted its shop and converted into heavy fabrication, machine building unit at Murbad, Thane Dist. Maharashtra. Work shop is located at Murbad District in Thane.
84GF Score
Get the complete analysis for NSE:LLOYDSENGG
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:LLOYDSENGG has been successfully added to your 
