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Lokesh MachinesNSE:LOKESHMACH +1.97%64 Return-on-Tangible-Equity is 1.12% as of Dec. 2025, which is 65% below its 10-year median of 3.18. GuruFocus rates NSE:LOKESHMACH with a GF Score™ of 64/100 and a GF Value™ of ₹173.17 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,973 Industrial Products companies, Lokesh Machines ranks worse than 73.76% 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. Lokesh Machines's annualized net income for the quarter that ended in Dec. 2025 was ₹25 Mil. Lokesh Machines's average shareholder tangible equity for the quarter that ended in Dec. 2025 was ₹2,237 Mil. Therefore, Lokesh Machines's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 1.12%.
The historical rank and industry rank for Lokesh Machines's Return-on-Tangible-Equity or its related term are showing as below:
NSE:LOKESHMACH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.32 Med: 3.18 Max: 7.84
Current: 0.87
During the past 13 years, Lokesh Machines's highest Return-on-Tangible-Equity was 7.84%. The lowest was -3.32%. And the median was 3.18%.
NSE:LOKESHMACH's Return-on-Tangible-Equity is ranked worse than 73.76% of 2973
companies
in the Industrial Products industry
Industry Median: 6.76
vs NSE:LOKESHMACH: 0.87
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.
Lokesh Machines Return-on-Tangible-Equity Related Terms
Lokesh Machines Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Lokesh Machines'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.
NSE:LOKESHMACH vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Lokesh Machines'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.
Lokesh Machines Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Lokesh Machines's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lokesh Machines'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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.12% mean?
Lokesh Machines (NSE:LOKESHMACH) has a Return-on-Tangible-Equity of 1.12% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Lokesh Machines and its competitors. This is 65% below median its historical median of 3.18. According to the industry distribution chart, Lokesh Machines ranks #2193 out of 2973 companies in the Industrial Products industry, placing it in the top 73.8%.
Is Lokesh Machines' Return-on-Tangible-Equity too high?
Lokesh Machines' current Return-on-Tangible-Equity of 1.12% is 65% below median its 10-year median of 3.18. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Lokesh Machines' value of 1.12% is 83.4% below this industry median. Based on the distribution chart, Lokesh Machines ranks #2193 out of 2973 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Lokesh Machines has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lokesh Machines' Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Lokesh Machines ranks #2193 out of 2973 companies for Return-on-Tangible-Equity. This places Lokesh Machines in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.76. Lokesh Machines' value of 1.12% is 83.4% below this benchmark. While the company's 10-year median is 3.18 vs. the industry median of 6.76, Lokesh Machines 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 6.76, 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. Lokesh Machines's current Return-on-Tangible-Equity of 1.12% is 83.4% 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 Lokesh Machines and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lokesh Machines's current Return-on-Tangible-Equity is 1.12%, which is 65% below median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lokesh Machines stock overvalued right now?
Based on GuruFocus' analysis, Lokesh Machines (NSE:LOKESHMACH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹173.17, compared to a current price of ₹338.50 — trading 95.5% above its estimated fair value. The current Return-on-Tangible-Equity is 1.12%, which is 65% below median its 10-year median of 3.18 and 83.4% below the Industrial Products industry median of 6.76. Lokesh Machines' overall GF Score™ is 64/100 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 Lokesh Machines (NSE:LOKESHMACH), the current Return-on-Tangible-Equity is 1.12% as of Dec. 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.
Is Lokesh Machines (NSE:LOKESHMACH) Overvalued in 2026?
Based on GuruFocus' analysis, Lokesh Machines stock appears to be overvalued.
The current stock price of ₹338.50 is trading 95.5% above its estimated GF Value™ of ₹173.17.
GuruFocus considers Lokesh Machines to be Significantly Overvalued.
Key valuation signals for NSE:LOKESHMACH:
Return-on-Tangible-Equity: 1.12% (65% below median its 10-year median of 3.18)
GF Value™: ₹173.17 vs. price of ₹338.50 (95.5% above fair value)
Industry Position: 83.4% below the Industrial Products median (#2193 of 2973)
No single metric tells the full story. See the NSE:LOKESHMACH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lokesh Machines Ltd is engaged in the manufacturing of machines, tools, and components. It is involved in the manufacture of Special Purpose Machines (SPMs), General Purpose Machines/CNC Lathes (GPMs), Connecting Rods, and the machining of Cylinder Blocks and Heads, as well as other related activities. The company is organized into two business segments: the Machines Division and the Component Division. Maximum revenue is generated from its Machines Division. Geographically, the company derives the majority of its revenue from its business in India, with the remainder coming from exports to markets such as Turkey, Italy, the USA, and the Middle East, supported by a widespread dealer network spanning South Africa, Italy, Turkey, and Bahrain.
64GF Score
Get the complete analysis for NSE:LOKESHMACH
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