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. RHI Magnesita India's annualized net income for the quarter that ended in Mar. 2026 was ₹-20,724 Mil. RHI Magnesita India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹23,043 Mil. Therefore, RHI Magnesita India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -89.94%.
The historical rank and industry rank for RHI Magnesita India's Return-on-Tangible-Equity or its related term are showing as below:
NSE:RHIM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -60.54 Med: 21.67 Max: 29.48
Current: -17.34
During the past 13 years, RHI Magnesita India's highest Return-on-Tangible-Equity was 29.48%. The lowest was -60.54%. And the median was 21.67%.
NSE:RHIM's Return-on-Tangible-Equity is ranked worse than 89.83% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs NSE:RHIM: -17.34
RHI Magnesita India (NSE:RHIM) 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.
RHI Magnesita India Return-on-Tangible-Equity Related Terms
RHI Magnesita India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for RHI Magnesita India'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.
RHI Magnesita India Return-on-Tangible-Equity Chart
NSE:RHIM vs CRS, ATI, MLI: Return-on-Tangible-Equity Comparison
For the Metal Fabrication subindustry, RHI Magnesita India'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.
RHI Magnesita India Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, RHI Magnesita India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where RHI Magnesita India'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 -89.94% mean?
RHI Magnesita India (NSE:RHIM) has a Return-on-Tangible-Equity of -89.94% 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 RHI Magnesita India and its competitors. According to the industry distribution chart, RHI Magnesita India ranks #2667 out of 2969 companies in the Industrial Products industry, placing it in the top 89.8%.
Is RHI Magnesita India's Return-on-Tangible-Equity too high?
RHI Magnesita India's current Return-on-Tangible-Equity is -89.94%. Based on the distribution chart, RHI Magnesita India ranks #2667 out of 2969 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, RHI Magnesita India has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RHI Magnesita India's Return-on-Tangible-Equity compare to CRS and ATI?
According to the Industrial Products industry distribution chart, RHI Magnesita India ranks #2667 out of 2969 companies for Return-on-Tangible-Equity. This places RHI Magnesita India in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.72. 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 2,969 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. 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 RHI Magnesita India 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. RHI Magnesita India's current Return-on-Tangible-Equity is -89.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RHI Magnesita India stock overvalued right now?
Based on GuruFocus' analysis, RHI Magnesita India (NSE:RHIM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹619.09, compared to a current price of ₹390.35 — trading 36.9% below its estimated fair value. The current Return-on-Tangible-Equity is -89.94%. RHI Magnesita India's overall GF Score™ is 81/100 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 RHI Magnesita India (NSE:RHIM), the current Return-on-Tangible-Equity is -89.94% 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 RHI Magnesita India (NSE:RHIM) Overvalued in 2026?
Based on GuruFocus' analysis, RHI Magnesita India stock appears to be undervalued.
The current stock price of ₹390.35 is trading 36.9% below its estimated GF Value™ of ₹619.09.
GuruFocus considers RHI Magnesita India to be Significantly Undervalued.
Key valuation signals for NSE:RHIM:
Return-on-Tangible-Equity: -89.94%
GF Value™: ₹619.09 vs. price of ₹390.35 (36.9% below fair value)
No single metric tells the full story. See the NSE:RHIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RHI Magnesita India Ltd is engaged in the business of manufacturing and trading refractories, monolithics, bricks, and ceramic paper, and rendering management services. Its product offerings include isostatically pressed continuous casting refractories, slide gate plates, nozzles and well blocks, tundish nozzles, bottom purging refractories and top purging lances, slag arresting darts, basic spray mass for tundish working lining, and castables. The company's products are used in steel, cement and lime, non-ferrous metals, glass, and other industries. It operates in the Indian and international markets, of which a majority of its revenue is generated within India.
81GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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