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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. The United Basalt Products's annualized net income for the quarter that ended in Mar. 2026 was MUR-457 Mil. The United Basalt Products's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MUR4,111 Mil. Therefore, The United Basalt Products's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -11.12%.
The historical rank and industry rank for The United Basalt Products's Return-on-Tangible-Equity or its related term are showing as below:
XMAU:UBP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.01 Med: 5.06 Max: 6.28
Current: 0.79
During the past 13 years, The United Basalt Products's highest Return-on-Tangible-Equity was 6.28%. The lowest was -2.01%. And the median was 5.06%.
XMAU:UBP's Return-on-Tangible-Equity is ranked worse than 69.77% of 397
companies
in the Building Materials industry
Industry Median: 5.06
vs XMAU:UBP: 0.79
The United Basalt Products (XMAU:UBP) 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.
The United Basalt Products Return-on-Tangible-Equity Related Terms
The United Basalt Products Return-on-Tangible-Equity Historical Data
* 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.
The United Basalt Products Return-on-Tangible-Equity Chart
XMAU:UBP vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison
For the Building Materials subindustry, The United Basalt 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.
The United Basalt Products Return-on-Tangible-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, The United Basalt Products's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where The United Basalt 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 -11.12% mean?
The United Basalt Products (XMAU:UBP) has a Return-on-Tangible-Equity of -11.12% 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 The United Basalt Products and its competitors. According to the industry distribution chart, The United Basalt Products ranks #277 out of 397 companies in the Building Materials industry, placing it in the top 69.8%.
Is The United Basalt Products' Return-on-Tangible-Equity too high?
The United Basalt Products' current Return-on-Tangible-Equity is -11.12%. Based on the distribution chart, The United Basalt Products ranks #277 out of 397 companies in the Building Materials industry, which is below the industry midpoint. Overall, The United Basalt Products has a GF Score™ of 91/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The United Basalt Products' Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, The United Basalt Products ranks #277 out of 397 companies for Return-on-Tangible-Equity. This places The United Basalt Products in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.06. 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 Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.06, based on 397 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. 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 The United Basalt Products and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The United Basalt Products's current Return-on-Tangible-Equity is -11.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The United Basalt Products stock overvalued right now?
Based on GuruFocus' analysis, The United Basalt Products (XMAU:UBP) is currently considered Possible Value Trap. The stock's GF Value™ is MUR122.93, compared to a current price of MUR38.80 — trading 68.4% below its estimated fair value. The current Return-on-Tangible-Equity is -11.12%. The United Basalt Products' overall GF Score™ is 91/100 with 5 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 The United Basalt Products (XMAU:UBP), the current Return-on-Tangible-Equity is -11.12% 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 The United Basalt Products (XMAU:UBP) Overvalued in 2026?
Based on GuruFocus' analysis, The United Basalt Products stock appears to be undervalued.
The current stock price of MUR38.80 is trading 68.4% below its estimated GF Value™ of MUR122.93.
GuruFocus considers The United Basalt Products to be Possible Value Trap.
Key valuation signals for XMAU:UBP:
Return-on-Tangible-Equity: -11.12%
GF Value™: MUR122.93 vs. price of MUR38.80 (68.4% below fair value)
No single metric tells the full story. See the XMAU:UBP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The United Basalt Products Ltd is engaged in the manufacturing and sale of building materials, which consist mainly of aggregates, rock sand, and concrete blocks. Other products include precast concrete slabs, ready-to-use dry mortar, various concrete building components, including paving blocks and roof tiles, imported floor and wall tiles, sanitary ware, and a complete range of home building and decorating products, fittings, tools, and garden accessories. Services rendered consist mainly of engineering works by the company's workshop and contracting services. The Groups business segments consist of core business activities, retail, and agriculture. The majority of its activity is performed in Mauritius.
91GF Score
Get the complete analysis for XMAU:UBP
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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