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Universal CablesNSE:UNIVCABLES +2.53%76 Return-on-Tangible-Equity is 11.71% as of Mar. 2026, which is 35% above its 10-year median of 8.69. GuruFocus rates NSE:UNIVCABLES with a GF Score™ of 76/100 and a GF Value™ of ₹843.30 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,974 Industrial Products companies, Universal Cables ranks better than 59.18% 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. Universal Cables's annualized net income for the quarter that ended in Mar. 2026 was ₹2,213 Mil. Universal Cables's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹18,896 Mil. Therefore, Universal Cables's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.71%.
The historical rank and industry rank for Universal Cables's Return-on-Tangible-Equity or its related term are showing as below:
NSE:UNIVCABLES'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.04 Med: 8.69 Max: 14.82
Current: 8.85
During the past 13 years, Universal Cables's highest Return-on-Tangible-Equity was 14.82%. The lowest was 5.04%. And the median was 8.69%.
NSE:UNIVCABLES's Return-on-Tangible-Equity is ranked better than 59.18% of 2974
companies
in the Industrial Products industry
Industry Median: 6.775
vs NSE:UNIVCABLES: 8.85
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.
Universal Cables Return-on-Tangible-Equity Related Terms
Universal Cables Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Universal Cables'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:UNIVCABLES vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Universal Cables'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.
Universal Cables Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Universal Cables's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Universal Cables'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 11.71% mean?
Universal Cables (NSE:UNIVCABLES) has a Return-on-Tangible-Equity of 11.71% 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 Universal Cables and its competitors. This is 35% above median its historical median of 8.69. Over the past decade, Universal Cables' Return-on-Tangible-Equity has ranged from 5.04 to 14.82. According to the industry distribution chart, Universal Cables ranks #1214 out of 2974 companies in the Industrial Products industry, placing it in the top 40.8%.
Is Universal Cables' Return-on-Tangible-Equity too high?
Universal Cables' current Return-on-Tangible-Equity of 11.71% is 35% above median its 10-year median of 8.69. Over the past 10 years, this metric has ranged from a low of 5.04 to a high of 14.82. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Universal Cables' value of 11.71% is 72.8% above this industry median. Based on the distribution chart, Universal Cables ranks #1214 out of 2974 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Universal Cables has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Universal Cables' Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Universal Cables ranks #1214 out of 2974 companies for Return-on-Tangible-Equity. This puts Universal Cables in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Universal Cables' value of 11.71% is 72.8% above this benchmark. Historically, Universal Cables' own Return-on-Tangible-Equity has ranged from 5.04 to 14.82 over the past decade. While the company's 10-year median is 8.69 vs. the industry median of 6.78, Universal Cables 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 6.78, based on 2,974 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. Universal Cables's current Return-on-Tangible-Equity of 11.71% is 72.8% 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 Universal Cables and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Cables's current Return-on-Tangible-Equity is 11.71%, which is 35% above median its own 10-year median of 8.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Cables stock overvalued right now?
Based on GuruFocus' analysis, Universal Cables (NSE:UNIVCABLES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹843.30, compared to a current price of ₹1,234.80 — trading 46.4% above its estimated fair value. The current Return-on-Tangible-Equity is 11.71%, which is 35% above median its 10-year median of 8.69 and 72.8% above the Industrial Products industry median of 6.78. Universal Cables' overall GF Score™ is 76/100 with 7 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 Universal Cables (NSE:UNIVCABLES), the current Return-on-Tangible-Equity is 11.71% 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 Universal Cables (NSE:UNIVCABLES) Overvalued in 2026?
Based on GuruFocus' analysis, Universal Cables stock appears to be overvalued.
The current stock price of ₹1,234.80 is trading 46.4% above its estimated GF Value™ of ₹843.30.
GuruFocus considers Universal Cables to be Significantly Overvalued.
Key valuation signals for NSE:UNIVCABLES:
Return-on-Tangible-Equity: 11.71% (35% above median its 10-year median of 8.69)
GF Value™: ₹843.30 vs. price of ₹1,234.80 (46.4% above fair value)
Industry Position: 72.8% above the Industrial Products median (#1214 of 2974)
No single metric tells the full story. See the NSE:UNIVCABLES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Universal Cables Ltd is an Indian based firm. The company is mainly engaged in manufacturing, and sales of electrical and other cables, capacitors, conductors, and related products. Its product portfolio comprises of extra-high voltage, medium-low voltage power and control cables, and low-high tension capacitors. The company is organized into one segment that is Electrical and other Cables, Capacitors, Wires, and Conductors.
76GF Score
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