M & B EngineeringNSE:MBEL +3.01%18 Return-on-Tangible-Equity is 16.55% as of Mar. 2026, which is 20% below its 10-year median of 20.69. GuruFocus rates NSE:MBEL with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,706 Construction companies, M & B Engineering ranks better than 74.09% 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. M & B Engineering's annualized net income for the quarter that ended in Mar. 2026 was ₹1,080 Mil. M & B Engineering's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹6,527 Mil. Therefore, M & B Engineering's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.55%.
The historical rank and industry rank for M & B Engineering's Return-on-Tangible-Equity or its related term are showing as below:
NSE:MBEL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.59 Med: 20.69 Max: 28.75
Current: 17.96
During the past 5 years, M & B Engineering's highest Return-on-Tangible-Equity was 28.75%. The lowest was 11.59%. And the median was 20.69%.
NSE:MBEL's Return-on-Tangible-Equity is ranked better than 74.09% of 1706
companies
in the Construction industry
Industry Median: 8.245
vs NSE:MBEL: 17.96
M & B Engineering (NSE:MBEL) 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.
M & B Engineering Return-on-Tangible-Equity Related Terms
M & B Engineering Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for M & B Engineering'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:MBEL vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, M & B Engineering'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.
M & B Engineering Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, M & B Engineering's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where M & B Engineering'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 16.55% mean?
M & B Engineering (NSE:MBEL) has a Return-on-Tangible-Equity of 16.55% 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 M & B Engineering and its competitors. This is 20% below median its historical median of 20.69. Over the past decade, M & B Engineering's Return-on-Tangible-Equity has ranged from 11.59 to 28.75. According to the industry distribution chart, M & B Engineering ranks #442 out of 1706 companies in the Construction industry, placing it in the top 25.9%.
Is M & B Engineering's Return-on-Tangible-Equity too high?
M & B Engineering's current Return-on-Tangible-Equity of 16.55% is 20% below median its 10-year median of 20.69. Over the past 10 years, this metric has ranged from a low of 11.59 to a high of 28.75. The Construction industry median Return-on-Tangible-Equity is 8.25. M & B Engineering's value of 16.55% is 100.7% above this industry median. Based on the distribution chart, M & B Engineering ranks #442 out of 1706 companies in the Construction industry, which is above the industry midpoint. Overall, M & B Engineering has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does M & B Engineering's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, M & B Engineering ranks #442 out of 1706 companies for Return-on-Tangible-Equity. This puts M & B Engineering in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.25. M & B Engineering's value of 16.55% is 100.7% above this benchmark. Historically, M & B Engineering's own Return-on-Tangible-Equity has ranged from 11.59 to 28.75 over the past decade. While the company's 10-year median is 20.69 vs. the industry median of 8.25, M & B Engineering 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.25, based on 1,706 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. M & B Engineering's current Return-on-Tangible-Equity of 16.55% is 100.7% 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 M & B Engineering and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M & B Engineering's current Return-on-Tangible-Equity is 16.55%, which is 20% below median its own 10-year median of 20.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M & B Engineering stock overvalued right now?
M & B Engineering (NSE:MBEL) has a current Return-on-Tangible-Equity of 16.55%. The current Return-on-Tangible-Equity is 16.55%, which is 20% below median its 10-year median of 20.69 and 100.7% above the Construction industry median of 8.25. M & B Engineering's overall GF Score™ is 18/100 with 2 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 M & B Engineering (NSE:MBEL), the current Return-on-Tangible-Equity is 16.55% 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.
M & B Engineering Ltd is one of India's Pre-Engineered Buildings (PEBs) players. Its business is structured into Phenix division which provides comprehensive solutions for PEBs and complex structural steel components; and Proflex division which provides self-supported steel roofing solutions. The Company offers its customers comprehensive turn-key solutions which includes project design, engineering, manufacturing and erection in accordance with customer requirements across industrial and infrastructure segments. It has delivered solutions for its customers engaged in diverse sectors including general engineering and manufacturing, food and beverages, warehousing and logistics, power, textiles, and railways.
18GF Score
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