Lloyds Metals & EnergyNSE:LLOYDSME +3.12%90 Return-on-Tangible-Equity is 46.68% as of Mar. 2026, which is 96% above its 10-year median of 23.80. GuruFocus rates NSE:LLOYDSME with a GF Score™ of 90/100 and a GF Value™ of ₹2,586.35 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 614 Steel companies, Lloyds Metals & Energy ranks better than 96.09% 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 Metals & Energy's annualized net income for the quarter that ended in Mar. 2026 was ₹56,780 Mil. Lloyds Metals & Energy's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹121,635 Mil. Therefore, Lloyds Metals & Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 46.68%.
The historical rank and industry rank for Lloyds Metals & Energy's Return-on-Tangible-Equity or its related term are showing as below:
NSE:LLOYDSME'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.7 Med: 23.8 Max: 57.28
Current: 43.9
During the past 13 years, Lloyds Metals & Energy's highest Return-on-Tangible-Equity was 57.28%. The lowest was -28.70%. And the median was 23.80%.
NSE:LLOYDSME's Return-on-Tangible-Equity is ranked better than 96.09% of 614
companies
in the Steel industry
Industry Median: 4.01
vs NSE:LLOYDSME: 43.90
Lloyds Metals & Energy (NSE:LLOYDSME) 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 Metals & Energy Return-on-Tangible-Equity Related Terms
Lloyds Metals & Energy Return-on-Tangible-Equity Historical Data
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The historical data trend for Lloyds Metals & Energy'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 Metals & Energy Return-on-Tangible-Equity Chart
NSE:LLOYDSME vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Lloyds Metals & Energy'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 Metals & Energy Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Lloyds Metals & Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lloyds Metals & Energy'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 46.68% mean?
Lloyds Metals & Energy (NSE:LLOYDSME) has a Return-on-Tangible-Equity of 46.68% 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 Metals & Energy and its competitors. This is 96% above median its historical median of 23.80. According to the industry distribution chart, Lloyds Metals & Energy ranks #24 out of 614 companies in the Steel industry, placing it in the top 3.9%.
Is Lloyds Metals & Energy's Return-on-Tangible-Equity too high?
Lloyds Metals & Energy's current Return-on-Tangible-Equity of 46.68% is 96% above median its 10-year median of 23.80. The Steel industry median Return-on-Tangible-Equity is 4.01. Lloyds Metals & Energy's value of 46.68% is 1064.1% above this industry median. Based on the distribution chart, Lloyds Metals & Energy ranks #24 out of 614 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Lloyds Metals & Energy has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lloyds Metals & Energy's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Lloyds Metals & Energy ranks #24 out of 614 companies for Return-on-Tangible-Equity. This places Lloyds Metals & Energy in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.01. Lloyds Metals & Energy's value of 46.68% is 1064.1% above this benchmark. While the company's 10-year median is 23.80 vs. the industry median of 4.01, Lloyds Metals & Energy 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 4.01, based on 614 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 Metals & Energy's current Return-on-Tangible-Equity of 46.68% is 1064.1% 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 Metals & Energy and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lloyds Metals & Energy's current Return-on-Tangible-Equity is 46.68%, which is 96% above median its own 10-year median of 23.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lloyds Metals & Energy stock overvalued right now?
Based on GuruFocus' analysis, Lloyds Metals & Energy (NSE:LLOYDSME) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,586.35, compared to a current price of ₹1,799.60 — trading 30.4% below its estimated fair value. The current Return-on-Tangible-Equity is 46.68%, which is 96% above median its 10-year median of 23.80 and 1064.1% above the Steel industry median of 4.01. Lloyds Metals & Energy's overall GF Score™ is 90/100 with 6 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 Metals & Energy (NSE:LLOYDSME), the current Return-on-Tangible-Equity is 46.68% 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 Metals & Energy (NSE:LLOYDSME) Overvalued in 2026?
Based on GuruFocus' analysis, Lloyds Metals & Energy stock appears to be undervalued.
The current stock price of ₹1,799.60 is trading 30.4% below its estimated GF Value™ of ₹2,586.35.
GuruFocus considers Lloyds Metals & Energy to be Modestly Undervalued.
Key valuation signals for NSE:LLOYDSME:
Return-on-Tangible-Equity: 46.68% (96% above median its 10-year median of 23.80)
GF Value™: ₹2,586.35 vs. price of ₹1,799.60 (30.4% below fair value)
Industry Position: 1064.1% above the Steel median (#24 of 614)
No single metric tells the full story. See the NSE:LLOYDSME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lloyds Metals & Energy Ltd is engaged in the business of mining of Iron ore, steel, and related value-added products, and MDO Operation & other related services. The group operating segments are: The Mining Segment, which includes production and manufacturing of Iron Ore; The steel and related value-added products segment, which includes manufacturing of Sponge Iron, production of pellets, and generation of power. The company generates maximum revenues from the sale of the Mining segment.
90GF Score
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