Master ComponentsNSE:MASTER -0.56%64 Return-on-Tangible-Equity is 25.36% as of Mar. 2026, which is 60% above its 10-year median of 15.84. GuruFocus rates NSE:MASTER with a GF Score™ of 64/100 and a GF Value™ of ₹656.46 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 384 Packaging & Containers companies, Master Components ranks better than 76.04% 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. Master Components's annualized net income for the quarter that ended in Mar. 2026 was ₹84.0 Mil. Master Components's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹331.4 Mil. Therefore, Master Components's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 25.36%.
The historical rank and industry rank for Master Components's Return-on-Tangible-Equity or its related term are showing as below:
NSE:MASTER'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.94 Med: 15.84 Max: 24.74
Current: 12.68
During the past 7 years, Master Components's highest Return-on-Tangible-Equity was 24.74%. The lowest was 8.94%. And the median was 15.84%.
NSE:MASTER's Return-on-Tangible-Equity is ranked better than 76.04% of 384
companies
in the Packaging & Containers industry
Industry Median: 5.94
vs NSE:MASTER: 12.68
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.
Master Components Return-on-Tangible-Equity Related Terms
Master Components Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Master Components'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:MASTER vs SW, PKG, IP: Return-on-Tangible-Equity Comparison
For the Packaging & Containers subindustry, Master Components'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.
Master Components Return-on-Tangible-Equity vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Master Components's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Master Components'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 two times the semi-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 25.36% mean?
Master Components (NSE:MASTER) has a Return-on-Tangible-Equity of 25.36% 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 Master Components and its competitors. This is 60% above median its historical median of 15.84. Over the past decade, Master Components' Return-on-Tangible-Equity has ranged from 8.94 to 24.74. According to the industry distribution chart, Master Components ranks #92 out of 384 companies in the Packaging & Containers industry, placing it in the top 24%.
Is Master Components' Return-on-Tangible-Equity too high?
Master Components' current Return-on-Tangible-Equity of 25.36% is 60% above median its 10-year median of 15.84. Over the past 10 years, this metric has ranged from a low of 8.94 to a high of 24.74. The Packaging & Containers industry median Return-on-Tangible-Equity is 5.94. Master Components' value of 25.36% is 326.9% above this industry median. Based on the distribution chart, Master Components ranks #92 out of 384 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Master Components has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Master Components' Return-on-Tangible-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Master Components ranks #92 out of 384 companies for Return-on-Tangible-Equity. This places Master Components in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.94. Master Components' value of 25.36% is 326.9% above this benchmark. Historically, Master Components' own Return-on-Tangible-Equity has ranged from 8.94 to 24.74 over the past decade. While the company's 10-year median is 15.84 vs. the industry median of 5.94, Master Components 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 Packaging & Containers company?
The median Return-on-Tangible-Equity among Packaging & Containers companies is 5.94, based on 384 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. Master Components's current Return-on-Tangible-Equity of 25.36% is 326.9% 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 Master Components and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Equity is 5.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Master Components's current Return-on-Tangible-Equity is 25.36%, which is 60% above median its own 10-year median of 15.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Master Components stock overvalued right now?
Based on GuruFocus' analysis, Master Components (NSE:MASTER) is currently considered Possible Value Trap. The stock's GF Value™ is ₹656.46, compared to a current price of ₹360.10 — trading 45.1% below its estimated fair value. The current Return-on-Tangible-Equity is 25.36%, which is 60% above median its 10-year median of 15.84 and 326.9% above the Packaging & Containers industry median of 5.94. Master Components' overall GF Score™ is 64/100 with 3 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 Master Components (NSE:MASTER), the current Return-on-Tangible-Equity is 25.36% 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 Master Components (NSE:MASTER) Overvalued in 2026?
Based on GuruFocus' analysis, Master Components stock appears to be undervalued.
The current stock price of ₹360.10 is trading 45.1% below its estimated GF Value™ of ₹656.46.
GuruFocus considers Master Components to be Possible Value Trap.
Key valuation signals for NSE:MASTER:
Return-on-Tangible-Equity: 25.36% (60% above median its 10-year median of 15.84)
GF Value™: ₹656.46 vs. price of ₹360.10 (45.1% below fair value)
Industry Position: 326.9% above the Packaging & Containers median (#92 of 384)
No single metric tells the full story. See the NSE:MASTER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Master Components Ltd is a company engaged in manufacturing plastic engineering components and subassemblies. The company's product is an industrial capital goods and it undergoes stringent quality tests to meet industry standards before delivering it to its clients. The company provides a list of services such as Thermoplastic Injection Moulding, Thermoset Injection Moulding, Thermoset transfer moulding, and Compression Moulding. The company's product categories include Electrical Components, Automotive Components, Electrical Components, Medical Components, Industrial Components.
64GF Score
Get the complete analysis for NSE:MASTER
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:MASTER has been successfully added to your 