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Metalic TechnoforgeNSE:METALIC +0.61%15 Return-on-Tangible-Equity is 47.59% as of Mar. 2026, which is 21% below its 10-year median of 60.60. GuruFocus rates NSE:METALIC with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 2,983 Industrial Products companies, Metalic Technoforge ranks better than 94.7% 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. Metalic Technoforge's annualized net income for the quarter that ended in Mar. 2026 was ₹141.8 Mil. Metalic Technoforge's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹297.9 Mil. Therefore, Metalic Technoforge's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 47.59%.
The historical rank and industry rank for Metalic Technoforge's Return-on-Tangible-Equity or its related term are showing as below:
NSE:METALIC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 36.62 Med: 60.6 Max: 77.05
Current: 48.24
During the past 4 years, Metalic Technoforge's highest Return-on-Tangible-Equity was 77.05%. The lowest was 36.62%. And the median was 60.60%.
NSE:METALIC's Return-on-Tangible-Equity is ranked better than 94.7% of 2983
companies
in the Industrial Products industry
Industry Median: 7.15
vs NSE:METALIC: 48.24
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.
Metalic Technoforge Return-on-Tangible-Equity Related Terms
Metalic Technoforge Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Metalic Technoforge'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:METALIC vs ATI, CRS, MLI: Return-on-Tangible-Equity Comparison
For the Metal Fabrication subindustry, Metalic Technoforge'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.
Metalic Technoforge Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Metalic Technoforge's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Metalic Technoforge'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 47.59% mean?
Metalic Technoforge (NSE:METALIC) has a Return-on-Tangible-Equity of 47.59% 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 Metalic Technoforge and its competitors. This is 21% below median its historical median of 60.60. Over the past decade, Metalic Technoforge's Return-on-Tangible-Equity has ranged from 36.62 to 77.05. According to the industry distribution chart, Metalic Technoforge ranks #158 out of 2983 companies in the Industrial Products industry, placing it in the top 5.3%.
Is Metalic Technoforge's Return-on-Tangible-Equity too high?
Metalic Technoforge's current Return-on-Tangible-Equity of 47.59% is 21% below median its 10-year median of 60.60. Over the past 10 years, this metric has ranged from a low of 36.62 to a high of 77.05. The Industrial Products industry median Return-on-Tangible-Equity is 7.15. Metalic Technoforge's value of 47.59% is 565.6% above this industry median. Based on the distribution chart, Metalic Technoforge ranks #158 out of 2983 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Metalic Technoforge has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Metalic Technoforge's Return-on-Tangible-Equity compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Metalic Technoforge ranks #158 out of 2983 companies for Return-on-Tangible-Equity. This places Metalic Technoforge in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.15. Metalic Technoforge's value of 47.59% is 565.6% above this benchmark. Historically, Metalic Technoforge's own Return-on-Tangible-Equity has ranged from 36.62 to 77.05 over the past decade. While the company's 10-year median is 60.60 vs. the industry median of 7.15, Metalic Technoforge 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 7.15, based on 2,983 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. Metalic Technoforge's current Return-on-Tangible-Equity of 47.59% is 565.6% 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 Metalic Technoforge and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalic Technoforge's current Return-on-Tangible-Equity is 47.59%, which is 21% below median its own 10-year median of 60.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalic Technoforge stock overvalued right now?
Metalic Technoforge (NSE:METALIC) has a current Return-on-Tangible-Equity of 47.59%. The current Return-on-Tangible-Equity is 47.59%, which is 21% below median its 10-year median of 60.60 and 565.6% above the Industrial Products industry median of 7.15. Metalic Technoforge's overall GF Score™ is 15/100 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 Metalic Technoforge (NSE:METALIC), the current Return-on-Tangible-Equity is 47.59% 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.
Metalic Technoforge Ltd is engaged in the business of manufacturing of closed die forged and precision-machined components. The company's product portfolio includes various forged and precision-machined products, including different sizes of rings, ball studs, gear blanks with broaching, gears, coupling assemblies, and other critical components. It serves domestic and international original equipment manufacturers (OEMs) across automotive and non-automotive industries. The company's operations include die manufacturing, forging, heat treatment, shot blasting, precision machining, testing and quality assurance processes. The majority of revenue is derived from the sale of its products, mainly Gears and Transmission Components and General Engineering Components, in India.
15GF Score
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