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Macpower CNC MachinesNSE:MACPOWER -0.59%98 Return-on-Tangible-Equity is 23.39% as of Mar. 2026, which is 14% above its 10-year median of 20.45. GuruFocus rates NSE:MACPOWER with a GF Score™ of 98/100 and a GF Value™ of ₹1,200.68 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,969 Industrial Products companies, Macpower CNC Machines ranks better than 86.49% 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. Macpower CNC Machines's annualized net income for the quarter that ended in Mar. 2026 was ₹406 Mil. Macpower CNC Machines's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,735 Mil. Therefore, Macpower CNC Machines's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.39%.
The historical rank and industry rank for Macpower CNC Machines's Return-on-Tangible-Equity or its related term are showing as below:
NSE:MACPOWER'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.19 Med: 20.45 Max: 24.83
Current: 21.62
During the past 13 years, Macpower CNC Machines's highest Return-on-Tangible-Equity was 24.83%. The lowest was 4.19%. And the median was 20.45%.
NSE:MACPOWER's Return-on-Tangible-Equity is ranked better than 86.49% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs NSE:MACPOWER: 21.62
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.
Macpower CNC Machines Return-on-Tangible-Equity Related Terms
Macpower CNC Machines Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Macpower CNC 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:MACPOWER vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Macpower CNC 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.
Macpower CNC Machines Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Macpower CNC Machines's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Macpower CNC 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 (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 23.39% mean?
Macpower CNC Machines (NSE:MACPOWER) has a Return-on-Tangible-Equity of 23.39% 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 Macpower CNC Machines and its competitors. This is 14% above median its historical median of 20.45. Over the past decade, Macpower CNC Machines' Return-on-Tangible-Equity has ranged from 4.19 to 24.83. According to the industry distribution chart, Macpower CNC Machines ranks #401 out of 2969 companies in the Industrial Products industry, placing it in the top 13.5%.
Is Macpower CNC Machines' Return-on-Tangible-Equity too high?
Macpower CNC Machines' current Return-on-Tangible-Equity of 23.39% is 14% above median its 10-year median of 20.45. Over the past 10 years, this metric has ranged from a low of 4.19 to a high of 24.83. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Macpower CNC Machines' value of 23.39% is 248.1% above this industry median. Based on the distribution chart, Macpower CNC Machines ranks #401 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Macpower CNC Machines has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Macpower CNC Machines' Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Macpower CNC Machines ranks #401 out of 2969 companies for Return-on-Tangible-Equity. This places Macpower CNC Machines in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. Macpower CNC Machines' value of 23.39% is 248.1% above this benchmark. Historically, Macpower CNC Machines' own Return-on-Tangible-Equity has ranged from 4.19 to 24.83 over the past decade. While the company's 10-year median is 20.45 vs. the industry median of 6.72, Macpower CNC Machines 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. Macpower CNC Machines's current Return-on-Tangible-Equity of 23.39% is 248.1% 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 Macpower CNC Machines 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. Macpower CNC Machines's current Return-on-Tangible-Equity is 23.39%, which is 14% above median its own 10-year median of 20.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macpower CNC Machines stock overvalued right now?
Based on GuruFocus' analysis, Macpower CNC Machines (NSE:MACPOWER) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,200.68, compared to a current price of ₹1,326.70 — trading 10.5% above its estimated fair value. The current Return-on-Tangible-Equity is 23.39%, which is 14% above median its 10-year median of 20.45 and 248.1% above the Industrial Products industry median of 6.72. Macpower CNC Machines' overall GF Score™ is 98/100 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 Macpower CNC Machines (NSE:MACPOWER), the current Return-on-Tangible-Equity is 23.39% 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 Macpower CNC Machines (NSE:MACPOWER) Overvalued in 2026?
Based on GuruFocus' analysis, Macpower CNC Machines stock appears to be overvalued.
The current stock price of ₹1,326.70 is trading 10.5% above its estimated GF Value™ of ₹1,200.68.
GuruFocus considers Macpower CNC Machines to be Fairly Valued.
Key valuation signals for NSE:MACPOWER:
Return-on-Tangible-Equity: 23.39% (14% above median its 10-year median of 20.45)
GF Value™: ₹1,200.68 vs. price of ₹1,326.70 (10.5% above fair value)
Industry Position: 248.1% above the Industrial Products median (#401 of 2969)
No single metric tells the full story. See the NSE:MACPOWER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Macpower CNC Machines Ltd is engaged in the manufacture of Computer numerical control (CNC) Turning Centers; Vertical Machining Centers, Horizontal Machining Centers, Cylindrical Grinder, Vertical Turret Lathe, Turn Mill Centers, Drill Tap Center, Twin Spindle VMC, and Multi-Tasking 5-axis along with sub-spindle. It also offers Robotic Automation integrated with CNC machines to cope with the demand for technology-driven machining excellence.
98GF Score
Get the complete analysis for NSE:MACPOWER
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