AMIC ForgingBOM:544037 +4.20%54 ROE % is 17.70% as of Mar. 2026, which is 29% below its 10-year median of 24.76. GuruFocus rates BOM:544037 with a GF Score™ of 54/100. The stock has 10 warning signs investors should review. Among 2,998 Industrial Products companies, AMIC Forging ranks better than 86.76% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. AMIC Forging's annualized net income for the quarter that ended in Mar. 2026 was ₹317 Mil. AMIC Forging's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,793 Mil. Therefore, AMIC Forging's annualized ROE % for the quarter that ended in Mar. 2026 was 17.70%.
The historical rank and industry rank for AMIC Forging's ROE % or its related term are showing as below:
BOM:544037'
s ROE % Range Over the Past 10 Years
Min: 8.27 Med: 24.76 Max: 70.04
Current: 17.54
During the past 6 years, AMIC Forging's highest ROE % was 70.04%. The lowest was 8.27%. And the median was 24.76%.
BOM:544037's ROE % is ranked better than 86.76% of 2998
companies
in the Industrial Products industry
Industry Median: 5.855
vs BOM:544037: 17.54
AMIC Forging (BOM:544037) 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:
Note:
The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
AMIC Forging ROE % Related Terms
AMIC Forging ROE % Historical Data
* Premium members only.
The historical data trend for AMIC Forging'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.
For the Metal Fabrication subindustry, AMIC Forging'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.
AMIC Forging ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, AMIC Forging's ROE % distribution charts can be found below:
* The bar in red indicates where AMIC Forging's ROE % 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 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 two times the semi-annual (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
AMIC Forging (BOM:544037) has a ROE % of 17.70% 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 AMIC Forging and its competitors. This is 29% below median its historical median of 24.76. Over the past decade, AMIC Forging's ROE % has ranged from 8.27 to 70.04. According to the industry distribution chart, AMIC Forging ranks #397 out of 2998 companies in the Industrial Products industry, placing it in the top 13.2%.
Is AMIC Forging's ROE % too high?
AMIC Forging's current ROE % of 17.70% is 29% below median its 10-year median of 24.76. Over the past 10 years, this metric has ranged from a low of 8.27 to a high of 70.04. The Industrial Products industry median ROE % is 5.86. AMIC Forging's value of 17.70% is 202.3% above this industry median. Based on the distribution chart, AMIC Forging ranks #397 out of 2998 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, AMIC Forging has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does AMIC Forging's ROE % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, AMIC Forging ranks #397 out of 2998 companies for ROE %. This places AMIC Forging in the top 13% of its industry — outperforming the majority of peers. The industry median ROE % is 5.86. AMIC Forging's value of 17.70% is 202.3% above this benchmark. Historically, AMIC Forging's own ROE % has ranged from 8.27 to 70.04 over the past decade. While the company's 10-year median is 24.76 vs. the industry median of 5.86, AMIC Forging 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 ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.86, based on 2,998 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. AMIC Forging's current ROE % of 17.70% is 202.3% 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 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 AMIC Forging and its competitors. For the Industrial Products industry, the median ROE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMIC Forging's current ROE % is 17.70%, which is 29% below median its own 10-year median of 24.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMIC Forging stock overvalued right now?
AMIC Forging (BOM:544037) has a current ROE % of 17.70%. The current ROE % is 17.70%, which is 29% below median its 10-year median of 24.76 and 202.3% above the Industrial Products industry median of 5.86. AMIC Forging's overall GF Score™ is 54/100 with 10 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 AMIC Forging (BOM:544037), the current ROE % is 17.70% 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.
AMIC Forging Ltd is engaged in manufacturing forged components catering to various industries with its manufacturing facility at Baidyabati, Hooghly. It manufactures precision-machined components catering to various industries such as heavy Engineering, Steel Industry, Oil and gas, Petrochemicals, Chemicals, Refineries, Thermal Power, Nuclear Power, Hydro Power, Cement Industry, Sugar, and other related industries. It manufactures different forging components such as Gear Couplings, Roller Shaft, Brake Drum, Hook, and other products.
54GF Score
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