Him Teknoforge (BOM:505712) ROE %: 6.20% (As of Mar. 2026) — 13% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:505712 Him Teknoforge Ltd BOM:505712
63 GF Score
Price ₹268.05
GF Value ₹189.02
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Him Teknoforge ROE %?

Him Teknoforge BOM:505712 +3.37% 63 ROE % is 6.20% as of Mar. 2026, which is 13% above its 10-year median of 5.50. GuruFocus rates BOM:505712 with a GF Score™ of 63/100 and a GF Value™ of ₹189.02 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,305 Vehicles & Parts companies, Him Teknoforge ranks worse than 54.94% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Him Teknoforge's annualized net income for the quarter that ended in Mar. 2026 was ₹151 Mil. Him Teknoforge's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹2,441 Mil. Therefore, Him Teknoforge's annualized ROE % for the quarter that ended in Mar. 2026 was 6.20%.

The historical rank and industry rank for Him Teknoforge's ROE % or its related term are showing as below:

BOM:505712' s ROE % Range Over the Past 10 Years
Min: 2.2   Med: 5.5   Max: 13.01
Current: 5.48

During the past 13 years, Him Teknoforge's highest ROE % was 13.01%. The lowest was 2.20%. And the median was 5.50%.

BOM:505712's ROE % is ranked worse than
54.94% of 1305 companies
in the Vehicles & Parts industry
Industry Median: 6.66 vs BOM:505712: 5.48

Him Teknoforge  (BOM:505712) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=151.44/2440.893
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(151.44 / 4781.74)*(4781.74 / 5087.502)*(5087.502 / 2440.893)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.17 %*0.9399*2.0843
=ROA %*Equity Multiplier
=2.98 %*2.0843
=6.20 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=151.44/2440.893
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (151.44 / 189.592) * (189.592 / 354.98) * (354.98 / 4781.74) * (4781.74 / 5087.502) * (5087.502 / 2440.893)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7988 * 0.5341 * 7.42 % * 0.9399 * 2.0843
=6.20 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Him Teknoforge ROE % Related Terms


Him Teknoforge ROE % Historical Data

* Premium members only.

The historical data trend for Him Teknoforge's ROE % 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.

Him Teknoforge ROE % Chart

Him Teknoforge Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.57 6.36 4.03 4.87 5.43

Him Teknoforge Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.49 5.21 5.16 5.39 6.20

BOM:505712 vs ORLY, AZO: ROE % Comparison

For the Auto Parts subindustry, Him Teknoforge's ROE %, along with its competitors' market caps and ROE % 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.


Him Teknoforge ROE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Him Teknoforge's ROE % distribution charts can be found below:

* The bar in red indicates where Him Teknoforge's ROE % falls into.


BOM:505712
63GF Score
Him Teknoforge Ltd BOM:505712
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Him Teknoforge ROE % Calculation

Him Teknoforge's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=126.119/( (2203.956+2440.893)/ 2 )
=126.119/2322.4245
=5.43 %

Him Teknoforge's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=151.44/( (0+2440.893)/ 1 )
=151.44/2440.893
=6.20 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 6.20% mean?
Him Teknoforge (BOM:505712) has a ROE % of 6.20% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Him Teknoforge and its competitors. This is 13% above median its historical median of 5.50. Over the past decade, Him Teknoforge's ROE % has ranged from 2.20 to 13.01. According to the industry distribution chart, Him Teknoforge ranks #717 out of 1305 companies in the Vehicles & Parts industry, placing it in the top 54.9%.
Is Him Teknoforge's ROE % too high?
Him Teknoforge's current ROE % of 6.20% is 13% above median its 10-year median of 5.50. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 13.01. The Vehicles & Parts industry median ROE % is 6.66. Him Teknoforge's value of 6.20% is 6.9% below this industry median. Based on the distribution chart, Him Teknoforge ranks #717 out of 1305 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Him Teknoforge has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Him Teknoforge's ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Him Teknoforge ranks #717 out of 1305 companies for ROE %. This places Him Teknoforge in the lower half of its industry. The industry median ROE % is 6.66. Him Teknoforge's value of 6.20% is 6.9% below this benchmark. Historically, Him Teknoforge's own ROE % has ranged from 2.20 to 13.01 over the past decade. While the company's 10-year median is 5.50 vs. the industry median of 6.66, Him Teknoforge 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 ROE % for a Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.66, based on 1,305 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Him Teknoforge's current ROE % of 6.20% is 6.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Him Teknoforge and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Him Teknoforge's current ROE % is 6.20%, which is 13% above median its own 10-year median of 5.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Him Teknoforge stock overvalued right now?
Based on GuruFocus' analysis, Him Teknoforge (BOM:505712) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹189.02, compared to a current price of ₹268.05 — trading 41.8% above its estimated fair value. The current ROE % is 6.20%, which is 13% above median its 10-year median of 5.50 and 6.9% below the Vehicles & Parts industry median of 6.66. Him Teknoforge's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Him Teknoforge (BOM:505712), the current ROE % is 6.20% 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 Him Teknoforge (BOM:505712) Overvalued in 2026?

Based on GuruFocus' analysis, Him Teknoforge stock appears to be overvalued. The current stock price of ₹268.05 is trading 41.8% above its estimated GF Value™ of ₹189.02. GuruFocus considers Him Teknoforge to be Significantly Overvalued.

Key valuation signals for BOM:505712:

  • ROE %: 6.20% (13% above median its 10-year median of 5.50)
  • GF Value™: ₹189.02 vs. price of ₹268.05 (41.8% above fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 6.9% below the Vehicles & Parts median (#717 of 1305)

No single metric tells the full story. See the BOM:505712 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Him Teknoforge Business Description

Address Sai Road Baddi, Village Billanwali, District Baddi, Solan, HP, IND, 173205
Him Teknoforge Ltd offers a products and services including manufacturing, sales, distribution, and marketing of automotive, nonautomotive, and engineering components like Alloy Steel Forgings, Gears, Shafts, Axles, Assemblies, & sub-assemblies, etc. It has only one segment which is Auto Parts segment. The company geographically, operates in India as well as outside India.
63GF Score

Get the complete analysis for BOM:505712

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹268.05
Price
₹189.02
GF Value