Thaai CastingNSE:TCL -2.57%51 Return-on-Tangible-Equity is 12.36% as of Mar. 2026, which is 27% below its 10-year median of 16.92. GuruFocus rates NSE:TCL with a GF Score™ of 51/100. The stock has 10 warning signs investors should review. Among 1,283 Vehicles & Parts companies, Thaai Casting ranks better than 68.59% 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. Thaai Casting's annualized net income for the quarter that ended in Mar. 2026 was ₹134 Mil. Thaai Casting's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,082 Mil. Therefore, Thaai Casting's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.36%.
The historical rank and industry rank for Thaai Casting's Return-on-Tangible-Equity or its related term are showing as below:
NSE:TCL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.52 Med: 16.92 Max: 40.1
Current: 13.19
During the past 6 years, Thaai Casting's highest Return-on-Tangible-Equity was 40.10%. The lowest was 8.52%. And the median was 16.92%.
NSE:TCL's Return-on-Tangible-Equity is ranked better than 68.59% of 1283
companies
in the Vehicles & Parts industry
Industry Median: 7.47
vs NSE:TCL: 13.19
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.
Thaai Casting Return-on-Tangible-Equity Related Terms
Thaai Casting Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Thaai Casting'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:TCL vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Thaai Casting'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.
Thaai Casting Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Thaai Casting's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Thaai Casting'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 12.36% mean?
Thaai Casting (NSE:TCL) has a Return-on-Tangible-Equity of 12.36% 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 Thaai Casting and its competitors. This is 27% below median its historical median of 16.92. Over the past decade, Thaai Casting's Return-on-Tangible-Equity has ranged from 8.52 to 40.10. According to the industry distribution chart, Thaai Casting ranks #403 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 31.4%.
Is Thaai Casting's Return-on-Tangible-Equity too high?
Thaai Casting's current Return-on-Tangible-Equity of 12.36% is 27% below median its 10-year median of 16.92. Over the past 10 years, this metric has ranged from a low of 8.52 to a high of 40.10. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.47. Thaai Casting's value of 12.36% is 65.5% above this industry median. Based on the distribution chart, Thaai Casting ranks #403 out of 1283 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Thaai Casting has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Thaai Casting's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Thaai Casting ranks #403 out of 1283 companies for Return-on-Tangible-Equity. This puts Thaai Casting in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.47. Thaai Casting's value of 12.36% is 65.5% above this benchmark. Historically, Thaai Casting's own Return-on-Tangible-Equity has ranged from 8.52 to 40.10 over the past decade. While the company's 10-year median is 16.92 vs. the industry median of 7.47, Thaai Casting 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.47, based on 1,283 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. Thaai Casting's current Return-on-Tangible-Equity of 12.36% is 65.5% 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 Thaai Casting and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thaai Casting's current Return-on-Tangible-Equity is 12.36%, which is 27% below median its own 10-year median of 16.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thaai Casting stock overvalued right now?
Thaai Casting (NSE:TCL) has a current Return-on-Tangible-Equity of 12.36%. The current Return-on-Tangible-Equity is 12.36%, which is 27% below median its 10-year median of 16.92 and 65.5% above the Vehicles & Parts industry median of 7.47. Thaai Casting's overall GF Score™ is 51/100 with 10 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 Thaai Casting (NSE:TCL), the current Return-on-Tangible-Equity is 12.36% 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.
Thaai Casting Ltd is a distinguished automotive ancillary company, specializing in high-pressure Die Casting, as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. Its products portfolio encompasses a diverse range of Automobile components, including Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature Steering Wheel, Electrical Connectors, YFG Base Frame (Right-hand drive side/Left-hand drive side), Housing, Top Cover, and more.
51GF Score
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