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Steel City SecuritiesNSE:STEELCITY +1.64%81 Return-on-Tangible-Equity is 10.07% as of Mar. 2026, which is 10% below its 10-year median of 11.23. GuruFocus rates NSE:STEELCITY with a GF Score™ of 81/100 and a GF Value™ of ₹94.89 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 784 Capital Markets companies, Steel City Securities ranks better than 63.27% 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. Steel City Securities's annualized net income for the quarter that ended in Mar. 2026 was ₹134.3 Mil. Steel City Securities's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,334.0 Mil. Therefore, Steel City Securities's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.07%.
The historical rank and industry rank for Steel City Securities's Return-on-Tangible-Equity or its related term are showing as below:
NSE:STEELCITY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.94 Med: 11.23 Max: 15.64
Current: 11.06
During the past 13 years, Steel City Securities's highest Return-on-Tangible-Equity was 15.64%. The lowest was 7.94%. And the median was 11.23%.
NSE:STEELCITY's Return-on-Tangible-Equity is ranked better than 63.27% of 784
companies
in the Capital Markets industry
Industry Median: 6.485
vs NSE:STEELCITY: 11.06
Steel City Securities (NSE:STEELCITY) 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.
Steel City Securities Return-on-Tangible-Equity Related Terms
Steel City Securities Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Steel City Securities'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.
Steel City Securities Return-on-Tangible-Equity Chart
NSE:STEELCITY vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Steel City Securities'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.
Steel City Securities Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Steel City Securities's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Steel City Securities'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 10.07% mean?
Steel City Securities (NSE:STEELCITY) has a Return-on-Tangible-Equity of 10.07% 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 Steel City Securities and its competitors. This is 10% below median its historical median of 11.23. Over the past decade, Steel City Securities' Return-on-Tangible-Equity has ranged from 7.94 to 15.64. According to the industry distribution chart, Steel City Securities ranks #288 out of 784 companies in the Capital Markets industry, placing it in the top 36.7%.
Is Steel City Securities' Return-on-Tangible-Equity too high?
Steel City Securities' current Return-on-Tangible-Equity of 10.07% is 10% below median its 10-year median of 11.23. Over the past 10 years, this metric has ranged from a low of 7.94 to a high of 15.64. The Capital Markets industry median Return-on-Tangible-Equity is 6.49. Steel City Securities' value of 10.07% is 55.3% above this industry median. Based on the distribution chart, Steel City Securities ranks #288 out of 784 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Steel City Securities has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Steel City Securities' Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Steel City Securities ranks #288 out of 784 companies for Return-on-Tangible-Equity. This puts Steel City Securities in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.49. Steel City Securities' value of 10.07% is 55.3% above this benchmark. Historically, Steel City Securities' own Return-on-Tangible-Equity has ranged from 7.94 to 15.64 over the past decade. While the company's 10-year median is 11.23 vs. the industry median of 6.49, Steel City Securities 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.49, based on 784 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. Steel City Securities's current Return-on-Tangible-Equity of 10.07% is 55.3% 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 Steel City Securities and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel City Securities's current Return-on-Tangible-Equity is 10.07%, which is 10% below median its own 10-year median of 11.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel City Securities stock overvalued right now?
Based on GuruFocus' analysis, Steel City Securities (NSE:STEELCITY) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹94.89, compared to a current price of ₹76.73 — trading 19.1% below its estimated fair value. The current Return-on-Tangible-Equity is 10.07%, which is 10% below median its 10-year median of 11.23 and 55.3% above the Capital Markets industry median of 6.49. Steel City Securities' 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 Steel City Securities (NSE:STEELCITY), the current Return-on-Tangible-Equity is 10.07% 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 Steel City Securities (NSE:STEELCITY) Overvalued in 2026?
Based on GuruFocus' analysis, Steel City Securities stock appears to be undervalued.
The current stock price of ₹76.73 is trading 19.1% below its estimated GF Value™ of ₹94.89.
GuruFocus considers Steel City Securities to be Modestly Undervalued.
Key valuation signals for NSE:STEELCITY:
Return-on-Tangible-Equity: 10.07% (10% below median its 10-year median of 11.23)
GF Value™: ₹94.89 vs. price of ₹76.73 (19.1% below fair value)
Industry Position: 55.3% above the Capital Markets median (#288 of 784)
No single metric tells the full story. See the NSE:STEELCITY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel City Securities Ltd is engaged in the business of retail broking (securities and commodity broking), DP Services, E-Governance, Services of EA of UIDAI, Corporate insurance agents, and marketing support services. The operating segment of the company are Stock Broking and DP Operations; and E-Governance Operations. It generates maximum revenue from the Stockbroking and DP Operations.
81GF Score
Get the complete analysis for NSE:STEELCITY
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