United Heat TransferNSE:UHTL -1.98%16 Return-on-Tangible-Equity is 2.88% as of Sep. 2025, which is 81% below its 10-year median of 15.00. GuruFocus rates NSE:UHTL with a GF Score™ of 16/100. The stock has 6 warning signs investors should review. Among 2,969 Industrial Products companies, United Heat Transfer ranks worse than 56.11% 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. United Heat Transfer's annualized net income for the quarter that ended in Sep. 2025 was ₹16.7 Mil. United Heat Transfer's average shareholder tangible equity for the quarter that ended in Sep. 2025 was ₹580.6 Mil. Therefore, United Heat Transfer's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was 2.88%.
The historical rank and industry rank for United Heat Transfer's Return-on-Tangible-Equity or its related term are showing as below:
NSE:UHTL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.31 Med: 15 Max: 36.65
Current: 5.31
During the past 4 years, United Heat Transfer's highest Return-on-Tangible-Equity was 36.65%. The lowest was 5.31%. And the median was 15.00%.
NSE:UHTL's Return-on-Tangible-Equity is ranked worse than 56.11% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs NSE:UHTL: 5.31
United Heat Transfer (NSE:UHTL) 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.
United Heat Transfer Return-on-Tangible-Equity Related Terms
United Heat Transfer Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for United Heat Transfer'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.
United Heat Transfer Return-on-Tangible-Equity Chart
NSE:UHTL vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, United Heat Transfer'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.
United Heat Transfer Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, United Heat Transfer's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where United Heat Transfer'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 (Sep. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 2.88% mean?
United Heat Transfer (NSE:UHTL) has a Return-on-Tangible-Equity of 2.88% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on United Heat Transfer and its competitors. This is 81% below median its historical median of 15.00. Over the past decade, United Heat Transfer's Return-on-Tangible-Equity has ranged from 5.31 to 36.65. According to the industry distribution chart, United Heat Transfer ranks #1666 out of 2969 companies in the Industrial Products industry, placing it in the top 56.1%.
Is United Heat Transfer's Return-on-Tangible-Equity too high?
United Heat Transfer's current Return-on-Tangible-Equity of 2.88% is 81% below median its 10-year median of 15.00. Over the past 10 years, this metric has ranged from a low of 5.31 to a high of 36.65. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. United Heat Transfer's value of 2.88% is 57.1% below this industry median. Based on the distribution chart, United Heat Transfer ranks #1666 out of 2969 companies in the Industrial Products industry, which is below the industry midpoint. Overall, United Heat Transfer has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does United Heat Transfer's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, United Heat Transfer ranks #1666 out of 2969 companies for Return-on-Tangible-Equity. This places United Heat Transfer in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.72. United Heat Transfer's value of 2.88% is 57.1% below this benchmark. Historically, United Heat Transfer's own Return-on-Tangible-Equity has ranged from 5.31 to 36.65 over the past decade. While the company's 10-year median is 15.00 vs. the industry median of 6.72, United Heat Transfer 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, 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. United Heat Transfer's current Return-on-Tangible-Equity of 2.88% is 57.1% 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 United Heat Transfer and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Heat Transfer's current Return-on-Tangible-Equity is 2.88%, which is 81% below median its own 10-year median of 15.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Heat Transfer stock overvalued right now?
United Heat Transfer (NSE:UHTL) has a current Return-on-Tangible-Equity of 2.88%. The current Return-on-Tangible-Equity is 2.88%, which is 81% below median its 10-year median of 15.00 and 57.1% below the Industrial Products industry median of 6.72. United Heat Transfer's overall GF Score™ is 16/100 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 United Heat Transfer (NSE:UHTL), the current Return-on-Tangible-Equity is 2.88% as of Sep. 2025. 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.
United Heat Transfer Ltd is engaged in the manufacture of a range of shell and tube heat exchangers, air cooled heat exchangers, pressure vessels and process flow skids equipment's which are used as critical equipment's for petrol and diesel engines, railway engines, maritime engines, cruse and cargo ships, ferries, pleasure boats, marine diesels, mining trucks, megayachts, heavy engines, fishing boats, heavy trucks, freighters, trawlers, heavy haulages, power gen sets, super tankers, off highway engines etc.
16GF Score
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