Mandeep Auto IndustriesNSE:MANDEEP +4.92%37 Return-on-Tangible-Equity is 3.07% as of Mar. 2026, which is 83% below its 10-year median of 18.20. GuruFocus rates NSE:MANDEEP with a GF Score™ of 37/100. The stock has 7 warning signs investors should review. Among 1,283 Vehicles & Parts companies, Mandeep Auto Industries ranks worse than 68.59% 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. Mandeep Auto Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹11.5 Mil. Mandeep Auto Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹374.5 Mil. Therefore, Mandeep Auto Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.07%.
The historical rank and industry rank for Mandeep Auto Industries's Return-on-Tangible-Equity or its related term are showing as below:
NSE:MANDEEP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.07 Med: 18.2 Max: 32.21
Current: 3.07
During the past 6 years, Mandeep Auto Industries's highest Return-on-Tangible-Equity was 32.21%. The lowest was 3.07%. And the median was 18.20%.
NSE:MANDEEP's Return-on-Tangible-Equity is ranked worse than 68.59% of 1283
companies
in the Vehicles & Parts industry
Industry Median: 7.49
vs NSE:MANDEEP: 3.07
Mandeep Auto Industries (NSE:MANDEEP) 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.
Mandeep Auto Industries Return-on-Tangible-Equity Related Terms
Mandeep Auto Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mandeep Auto Industries'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.
Mandeep Auto Industries Return-on-Tangible-Equity Chart
NSE:MANDEEP vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Mandeep Auto Industries'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.
Mandeep Auto Industries Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mandeep Auto Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mandeep Auto Industries'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 one times the annual (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 3.07% mean?
Mandeep Auto Industries (NSE:MANDEEP) has a Return-on-Tangible-Equity of 3.07% 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 Mandeep Auto Industries and its competitors. This is 83% below median its historical median of 18.20. Over the past decade, Mandeep Auto Industries' Return-on-Tangible-Equity has ranged from 3.07 to 32.21. According to the industry distribution chart, Mandeep Auto Industries ranks #880 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 68.6%.
Is Mandeep Auto Industries' Return-on-Tangible-Equity too high?
Mandeep Auto Industries' current Return-on-Tangible-Equity of 3.07% is 83% below median its 10-year median of 18.20. Over the past 10 years, this metric has ranged from a low of 3.07 to a high of 32.21. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.49. Mandeep Auto Industries' value of 3.07% is 59% below this industry median. Based on the distribution chart, Mandeep Auto Industries ranks #880 out of 1283 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Mandeep Auto Industries has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Mandeep Auto Industries' Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Mandeep Auto Industries ranks #880 out of 1283 companies for Return-on-Tangible-Equity. This places Mandeep Auto Industries in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.49. Mandeep Auto Industries' value of 3.07% is 59% below this benchmark. Historically, Mandeep Auto Industries' own Return-on-Tangible-Equity has ranged from 3.07 to 32.21 over the past decade. While the company's 10-year median is 18.20 vs. the industry median of 7.49, Mandeep Auto Industries 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 a Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.49, based on 1,283 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. Mandeep Auto Industries's current Return-on-Tangible-Equity of 3.07% is 59% 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 Mandeep Auto Industries and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mandeep Auto Industries's current Return-on-Tangible-Equity is 3.07%, which is 83% below median its own 10-year median of 18.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mandeep Auto Industries stock overvalued right now?
Mandeep Auto Industries (NSE:MANDEEP) has a current Return-on-Tangible-Equity of 3.07%. The current Return-on-Tangible-Equity is 3.07%, which is 83% below median its 10-year median of 18.20 and 59% below the Vehicles & Parts industry median of 7.49. Mandeep Auto Industries' overall GF Score™ is 37/100 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 Mandeep Auto Industries (NSE:MANDEEP), the current Return-on-Tangible-Equity is 3.07% 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.
Mandeep Auto Industries Ltd is engaged in the manufacturing, assembly, trading, import, export, distribution, franchising, and marketing of a wide range of automobile components and accessories. Its product portfolio comprises gears, transmissions, universal joints, springs, leaves, head lamps, sealed beams, induction hardened pins, axles, alloy springs, accessories, and fittings of all kinds. Additionally, the company also operates as a garage operator and showroom owner for motor vehicles, and acts as a supplier and dealer of petrol, electricity, and other forms of motive power. It also provides support and consulting services within the automotive sector. The company operates in a single business segment, the business of trading in automobile parts.
37GF Score
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