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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. Salasar Techno Engineering's annualized net income for the quarter that ended in Mar. 2026 was ₹-500 Mil. Salasar Techno Engineering's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹8,323 Mil. Therefore, Salasar Techno Engineering's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -6.00%.
The historical rank and industry rank for Salasar Techno Engineering's Return-on-Tangible-Equity or its related term are showing as below:
NSE:SALASAR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.13 Med: 12.12 Max: 23.18
Current: 2.13
During the past 13 years, Salasar Techno Engineering's highest Return-on-Tangible-Equity was 23.18%. The lowest was 2.13%. And the median was 12.12%.
NSE:SALASAR's Return-on-Tangible-Equity is ranked worse than 59.19% of 615
companies
in the Steel industry
Industry Median: 4.05
vs NSE:SALASAR: 2.13
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.
Salasar Techno Engineering Return-on-Tangible-Equity Related Terms
Salasar Techno Engineering Return-on-Tangible-Equity Historical Data
* 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:SALASAR vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Salasar Techno 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.
Salasar Techno Engineering Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Salasar Techno Engineering's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Salasar Techno 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 -6.00% mean?
Salasar Techno Engineering (NSE:SALASAR) has a Return-on-Tangible-Equity of -6.00% 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 Salasar Techno Engineering and its competitors. Over the past decade, Salasar Techno Engineering's Return-on-Tangible-Equity has ranged from 2.13 to 23.18. According to the industry distribution chart, Salasar Techno Engineering ranks #364 out of 615 companies in the Steel industry, placing it in the top 59.2%.
Is Salasar Techno Engineering's Return-on-Tangible-Equity too high?
Salasar Techno Engineering's current Return-on-Tangible-Equity is -6.00%. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 23.18. Based on the distribution chart, Salasar Techno Engineering ranks #364 out of 615 companies in the Steel industry, which is below the industry midpoint. Overall, Salasar Techno Engineering has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Salasar Techno Engineering's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Salasar Techno Engineering ranks #364 out of 615 companies for Return-on-Tangible-Equity. This places Salasar Techno Engineering in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.05. Historically, Salasar Techno Engineering's own Return-on-Tangible-Equity has ranged from 2.13 to 23.18 over the past decade. 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.05, based on 615 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 Salasar Techno Engineering and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salasar Techno Engineering's current Return-on-Tangible-Equity is -6.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salasar Techno Engineering stock overvalued right now?
Based on GuruFocus' analysis, Salasar Techno Engineering (NSE:SALASAR) is currently considered Possible Value Trap. The stock's GF Value™ is ₹14.28, compared to a current price of ₹6.03 — trading 57.8% below its estimated fair value. The current Return-on-Tangible-Equity is -6.00%. Salasar Techno Engineering's overall GF Score™ is 81/100 with 6 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 Salasar Techno Engineering (NSE:SALASAR), the current Return-on-Tangible-Equity is -6.00% 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 Salasar Techno Engineering (NSE:SALASAR) Overvalued in 2026?
Based on GuruFocus' analysis, Salasar Techno Engineering stock appears to be undervalued.
The current stock price of ₹6.03 is trading 57.8% below its estimated GF Value™ of ₹14.28.
GuruFocus considers Salasar Techno Engineering to be Possible Value Trap.
Key valuation signals for NSE:SALASAR:
Return-on-Tangible-Equity: -6.00%
GF Value™: ₹14.28 vs. price of ₹6.03 (57.8% below fair value)
No single metric tells the full story. See the NSE:SALASAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Salasar Techno Engineering Ltd is engaged in the business of manufacturing and sale of Galvanized Steel Structure including Telecom Towers, Transmission Line Towers and Solar Panels. The Company is also engaged in execution of Engineering, Procurement and Construction projects (EPC) for survey, supply of materials, design, erection, testing & commissioning on a turnkey basis. The Business is divided in two segments i.e. Steel Structure segment and Engineering procurement & construction segment. The company generates maximum revenue from Steel Segment.
81GF Score
Get the complete analysis for NSE:SALASAR
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