MTAR TechnologiesNSE:MTARTECH +0.19%76 Return-on-Tangible-Equity is 21.59% as of Mar. 2026, which is 76% above its 10-year median of 12.24. GuruFocus rates NSE:MTARTECH with a GF Score™ of 76/100 and a GF Value™ of ₹3,385.49 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,968 Industrial Products companies, MTAR Technologies ranks better than 70.86% 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. MTAR Technologies's annualized net income for the quarter that ended in Mar. 2026 was ₹1,771 Mil. MTAR Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹8,205 Mil. Therefore, MTAR Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 21.59%.
The historical rank and industry rank for MTAR Technologies's Return-on-Tangible-Equity or its related term are showing as below:
NSE:MTARTECH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.64 Med: 12.24 Max: 18.17
Current: 12.33
During the past 9 years, MTAR Technologies's highest Return-on-Tangible-Equity was 18.17%. The lowest was 2.64%. And the median was 12.24%.
NSE:MTARTECH's Return-on-Tangible-Equity is ranked better than 70.86% of 2968
companies
in the Industrial Products industry
Industry Median: 6.72
vs NSE:MTARTECH: 12.33
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.
MTAR Technologies Return-on-Tangible-Equity Related Terms
MTAR Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for MTAR Technologies'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:MTARTECH vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, MTAR Technologies'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.
MTAR Technologies Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MTAR Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MTAR Technologies'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 21.59% mean?
MTAR Technologies (NSE:MTARTECH) has a Return-on-Tangible-Equity of 21.59% 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 MTAR Technologies and its competitors. This is 76% above median its historical median of 12.24. Over the past decade, MTAR Technologies' Return-on-Tangible-Equity has ranged from 2.64 to 18.17. According to the industry distribution chart, MTAR Technologies ranks #865 out of 2968 companies in the Industrial Products industry, placing it in the top 29.1%.
Is MTAR Technologies' Return-on-Tangible-Equity too high?
MTAR Technologies' current Return-on-Tangible-Equity of 21.59% is 76% above median its 10-year median of 12.24. Over the past 10 years, this metric has ranged from a low of 2.64 to a high of 18.17. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. MTAR Technologies' value of 21.59% is 221.3% above this industry median. Based on the distribution chart, MTAR Technologies ranks #865 out of 2968 companies in the Industrial Products industry, which is above the industry midpoint. Overall, MTAR Technologies has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTAR Technologies' Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, MTAR Technologies ranks #865 out of 2968 companies for Return-on-Tangible-Equity. This puts MTAR Technologies in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.72. MTAR Technologies' value of 21.59% is 221.3% above this benchmark. Historically, MTAR Technologies' own Return-on-Tangible-Equity has ranged from 2.64 to 18.17 over the past decade. While the company's 10-year median is 12.24 vs. the industry median of 6.72, MTAR Technologies 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 2,968 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. MTAR Technologies's current Return-on-Tangible-Equity of 21.59% is 221.3% 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 MTAR Technologies 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. MTAR Technologies's current Return-on-Tangible-Equity is 21.59%, which is 76% above median its own 10-year median of 12.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTAR Technologies stock overvalued right now?
Based on GuruFocus' analysis, MTAR Technologies (NSE:MTARTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,385.49, compared to a current price of ₹7,047.00 — trading 108.2% above its estimated fair value. The current Return-on-Tangible-Equity is 21.59%, which is 76% above median its 10-year median of 12.24 and 221.3% above the Industrial Products industry median of 6.72. MTAR Technologies' overall GF Score™ is 76/100 with 4 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 MTAR Technologies (NSE:MTARTECH), the current Return-on-Tangible-Equity is 21.59% 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.
Is MTAR Technologies (NSE:MTARTECH) Overvalued in 2026?
Based on GuruFocus' analysis, MTAR Technologies stock appears to be overvalued.
The current stock price of ₹7,047.00 is trading 108.2% above its estimated GF Value™ of ₹3,385.49.
GuruFocus considers MTAR Technologies to be Significantly Overvalued.
Key valuation signals for NSE:MTARTECH:
Return-on-Tangible-Equity: 21.59% (76% above median its 10-year median of 12.24)
GF Value™: ₹3,385.49 vs. price of ₹7,047.00 (108.2% above fair value)
Industry Position: 221.3% above the Industrial Products median (#865 of 2968)
No single metric tells the full story. See the NSE:MTARTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MTAR Technologies Ltd is a national player in the precision engineering industry. It is engaged in the manufacturing of mission-critical precision components with close tolerance and in critical assemblies through its precision machining, assembly, specialized fabrication, testing, and quality control processes. A wide range of complex product portfolios meets the varied requirements of the Nuclear, Space and Defence, and Clean Energy sector. Geographically, it operates in India as well as Outside India.
76GF Score
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