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Timken IndiaNSE:TIMKEN +0.02%98 Return-on-Tangible-Equity is 23.47% as of Mar. 2026, which is 25% above its 10-year median of 18.82. GuruFocus rates NSE:TIMKEN with a GF Score™ of 98/100 and a GF Value™ of ₹3,807.75 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,969 Industrial Products companies, Timken India ranks better than 79.05% 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. Timken India's annualized net income for the quarter that ended in Mar. 2026 was ₹6,332 Mil. Timken India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹26,977 Mil. Therefore, Timken India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.47%.
The historical rank and industry rank for Timken India's Return-on-Tangible-Equity or its related term are showing as below:
NSE:TIMKEN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.87 Med: 18.82 Max: 28.24
Current: 15.69
During the past 13 years, Timken India's highest Return-on-Tangible-Equity was 28.24%. The lowest was 12.87%. And the median was 18.82%.
NSE:TIMKEN's Return-on-Tangible-Equity is ranked better than 79.05% of 2969
companies
in the Industrial Products industry
Industry Median: 6.76
vs NSE:TIMKEN: 15.69
Timken India (NSE:TIMKEN) 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.
Timken India Return-on-Tangible-Equity Related Terms
Timken India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Timken 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.
NSE:TIMKEN vs SNA, RBC, LECO: Return-on-Tangible-Equity Comparison
For the Tools & Accessories subindustry, Timken 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.
Timken India Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Timken India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Timken 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 23.47% mean?
Timken India (NSE:TIMKEN) has a Return-on-Tangible-Equity of 23.47% 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 Timken India and its competitors. This is 25% above median its historical median of 18.82. Over the past decade, Timken India's Return-on-Tangible-Equity has ranged from 12.87 to 28.24. According to the industry distribution chart, Timken India ranks #622 out of 2969 companies in the Industrial Products industry, placing it in the top 20.9%.
Is Timken India's Return-on-Tangible-Equity too high?
Timken India's current Return-on-Tangible-Equity of 23.47% is 25% above median its 10-year median of 18.82. Over the past 10 years, this metric has ranged from a low of 12.87 to a high of 28.24. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Timken India's value of 23.47% is 247.2% above this industry median. Based on the distribution chart, Timken India ranks #622 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Timken India has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Timken India's Return-on-Tangible-Equity compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Timken India ranks #622 out of 2969 companies for Return-on-Tangible-Equity. This places Timken India in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.76. Timken India's value of 23.47% is 247.2% above this benchmark. Historically, Timken India's own Return-on-Tangible-Equity has ranged from 12.87 to 28.24 over the past decade. While the company's 10-year median is 18.82 vs. the industry median of 6.76, Timken India 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, 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. Timken India's current Return-on-Tangible-Equity of 23.47% is 247.2% 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 Timken India and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Timken India's current Return-on-Tangible-Equity is 23.47%, which is 25% above median its own 10-year median of 18.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Timken India stock overvalued right now?
Based on GuruFocus' analysis, Timken India (NSE:TIMKEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,807.75, compared to a current price of ₹3,142.20 — trading 17.5% below its estimated fair value. The current Return-on-Tangible-Equity is 23.47%, which is 25% above median its 10-year median of 18.82 and 247.2% above the Industrial Products industry median of 6.76. Timken India's overall GF Score™ is 98/100 with 1 warning sign 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 Timken India (NSE:TIMKEN), the current Return-on-Tangible-Equity is 23.47% 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 Timken India (NSE:TIMKEN) Overvalued in 2026?
Based on GuruFocus' analysis, Timken India stock appears to be undervalued.
The current stock price of ₹3,142.20 is trading 17.5% below its estimated GF Value™ of ₹3,807.75.
GuruFocus considers Timken India to be Modestly Undervalued.
Key valuation signals for NSE:TIMKEN:
Return-on-Tangible-Equity: 23.47% (25% above median its 10-year median of 18.82)
GF Value™: ₹3,807.75 vs. price of ₹3,142.20 (17.5% below fair value)
Industry Position: 247.2% above the Industrial Products median (#622 of 2969)
No single metric tells the full story. See the NSE:TIMKEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Timken India Ltd is an India-based company that manufactures, distributes, and services bearings and related components. The company also provides repair and maintenance services for industrial gearboxes. The company's products, predominantly engineered bearings, and mechanical power transmission products, are marketed under brand names including Timken, Beka, Diamond, Drives, and others. The company's clients come from defense, mining, metals, and civil aerospace sectors. Timken India generates the majority of its sales from the Indian domestic market and the rest from the United States of America, and other countries.
98GF 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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