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Texmo Pipes & ProductsNSE:TEXMOPIPES -2.31%67 Return-on-Tangible-Equity is 2.70% as of Mar. 2026, which is 25% above its 10-year median of 2.16. GuruFocus rates NSE:TEXMOPIPES with a GF Score™ of 67/100 and a GF Value™ of ₹49.23 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,712 Construction companies, Texmo Pipes & Products ranks worse than 56.48% 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. Texmo Pipes & Products's annualized net income for the quarter that ended in Mar. 2026 was ₹62 Mil. Texmo Pipes & Products's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹2,304 Mil. Therefore, Texmo Pipes & Products's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.70%.
The historical rank and industry rank for Texmo Pipes & Products's Return-on-Tangible-Equity or its related term are showing as below:
NSE:TEXMOPIPES'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -33.39 Med: 2.16 Max: 9.29
Current: 6.29
During the past 13 years, Texmo Pipes & Products's highest Return-on-Tangible-Equity was 9.29%. The lowest was -33.39%. And the median was 2.16%.
NSE:TEXMOPIPES's Return-on-Tangible-Equity is ranked worse than 56.48% of 1712
companies
in the Construction industry
Industry Median: 8.21
vs NSE:TEXMOPIPES: 6.29
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.
Texmo Pipes & Products Return-on-Tangible-Equity Related Terms
Texmo Pipes & Products Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Texmo Pipes & Products'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:TEXMOPIPES vs TT, JCI, CARR: Return-on-Tangible-Equity Comparison
For the Building Products & Equipment subindustry, Texmo Pipes & Products'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.
Texmo Pipes & Products Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Texmo Pipes & Products's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Texmo Pipes & Products'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 2.70% mean?
Texmo Pipes & Products (NSE:TEXMOPIPES) has a Return-on-Tangible-Equity of 2.70% 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 Texmo Pipes & Products and its competitors. This is 25% above median its historical median of 2.16. According to the industry distribution chart, Texmo Pipes & Products ranks #967 out of 1712 companies in the Construction industry, placing it in the top 56.5%.
Is Texmo Pipes & Products' Return-on-Tangible-Equity too high?
Texmo Pipes & Products' current Return-on-Tangible-Equity of 2.70% is 25% above median its 10-year median of 2.16. The Construction industry median Return-on-Tangible-Equity is 8.21. Texmo Pipes & Products' value of 2.70% is 67.1% below this industry median. Based on the distribution chart, Texmo Pipes & Products ranks #967 out of 1712 companies in the Construction industry, which is below the industry midpoint. Overall, Texmo Pipes & Products has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Texmo Pipes & Products' Return-on-Tangible-Equity compare to TT and JCI?
According to the Construction industry distribution chart, Texmo Pipes & Products ranks #967 out of 1712 companies for Return-on-Tangible-Equity. This places Texmo Pipes & Products in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. Texmo Pipes & Products' value of 2.70% is 67.1% below this benchmark. While the company's 10-year median is 2.16 vs. the industry median of 8.21, Texmo Pipes & Products has consistently been below 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,712 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. Texmo Pipes & Products's current Return-on-Tangible-Equity of 2.70% is 67.1% below 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 Texmo Pipes & Products and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texmo Pipes & Products's current Return-on-Tangible-Equity is 2.70%, which is 25% above median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texmo Pipes & Products stock overvalued right now?
Based on GuruFocus' analysis, Texmo Pipes & Products (NSE:TEXMOPIPES) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹49.23, compared to a current price of ₹43.06 — trading 12.5% below its estimated fair value. The current Return-on-Tangible-Equity is 2.70%, which is 25% above median its 10-year median of 2.16 and 67.1% below the Construction industry median of 8.21. Texmo Pipes & Products' overall GF Score™ is 67/100 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 Texmo Pipes & Products (NSE:TEXMOPIPES), the current Return-on-Tangible-Equity is 2.70% 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 Texmo Pipes & Products (NSE:TEXMOPIPES) Overvalued in 2026?
Based on GuruFocus' analysis, Texmo Pipes & Products stock appears to be undervalued.
The current stock price of ₹43.06 is trading 12.5% below its estimated GF Value™ of ₹49.23.
GuruFocus considers Texmo Pipes & Products to be Modestly Undervalued.
Key valuation signals for NSE:TEXMOPIPES:
Return-on-Tangible-Equity: 2.70% (25% above median its 10-year median of 2.16)
GF Value™: ₹49.23 vs. price of ₹43.06 (12.5% below fair value)
Industry Position: 67.1% below the Construction median (#967 of 1712)
No single metric tells the full story. See the NSE:TEXMOPIPES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Texmo Pipes & Products Ltd is a pipe and fittings manufacturing company based in India. The company's primary products include plastic products. Its product portfolio comprises SWR pipes and fittings, CPVC pipes, conduit pipes, drip inline, moulded fittings of PVC, plumbing pipes and fittings, sprinkler fittings, casing pipes for tubewell, and others. PVC pipes serve as the revenue driver amongst the other products of the company. The group caters its products to the government and private sectors within India and abroad.
67GF Score
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