Aimtron Electronics (NSE:AIMTRON) ROE %: 23.70% (As of Mar. 2026) — 15% Below 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.

NSE:AIMTRON Aimtron Electronics Ltd NSE:AIMTRON
43 GF Score
Price ₹1,283.95
! 8 Warning Signs
View Full Analysis

What is Aimtron Electronics ROE %?

Aimtron Electronics NSE:AIMTRON -1.82% 43 ROE % is 23.70% as of Mar. 2026, which is 15% below its 10-year median of 28.03. GuruFocus rates NSE:AIMTRON with a GF Score™ of 43/100. The stock has 8 warning signs investors should review. Among 2,427 Hardware companies, Aimtron Electronics ranks better than 92.83% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Aimtron Electronics's annualized net income for the quarter that ended in Mar. 2026 was ₹514 Mil. Aimtron Electronics's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹2,168 Mil. Therefore, Aimtron Electronics's annualized ROE % for the quarter that ended in Mar. 2026 was 23.70%.

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

NSE:AIMTRON' s ROE % Range Over the Past 10 Years
Min: -8.61   Med: 28.03   Max: 73.3
Current: 23.43

During the past 6 years, Aimtron Electronics's highest ROE % was 73.30%. The lowest was -8.61%. And the median was 28.03%.

NSE:AIMTRON's ROE % is ranked better than
92.83% of 2427 companies
in the Hardware industry
Industry Median: 4.69 vs NSE:AIMTRON: 23.43

Aimtron Electronics  (NSE:AIMTRON) 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
=513.752/2168.019
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(513.752 / 3571.506)*(3571.506 / 3398.3635)*(3398.3635 / 2168.019)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.38 %*1.0509*1.5675
=ROA %*Equity Multiplier
=15.11 %*1.5675
=23.70 %

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
=513.752/2168.019
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (513.752 / 654.87) * (654.87 / 640.308) * (640.308 / 3571.506) * (3571.506 / 3398.3635) * (3398.3635 / 2168.019)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7845 * 1.0227 * 17.93 % * 1.0509 * 1.5675
=23.70 %

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.


Aimtron Electronics ROE % Related Terms


Aimtron Electronics ROE % Historical Data

* Premium members only.

The historical data trend for Aimtron Electronics'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.

Aimtron Electronics ROE % Chart

Aimtron Electronics Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial -8.61 43.10 31.26 24.80 23.60

Aimtron Electronics Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only 28.86 23.27 19.56 22.92 23.70

NSE:AIMTRON vs APH, GLW: ROE % Comparison

For the Electronic Components subindustry, Aimtron Electronics'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.


Aimtron Electronics ROE % vs Hardware Industry

For the Hardware industry and Technology sector, Aimtron Electronics's ROE % distribution charts can be found below:

* The bar in red indicates where Aimtron Electronics's ROE % falls into.


NSE:AIMTRON
43GF Score
Aimtron Electronics Ltd NSE:AIMTRON
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aimtron Electronics ROE % Calculation

Aimtron Electronics'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 )
=459.73/( (1549.794+2345.903)/ 2 )
=459.73/1947.8485
=23.60 %

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

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=513.752/( (1990.135+2345.903)/ 2 )
=513.752/2168.019
=23.70 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 23.70% mean?
Aimtron Electronics (NSE:AIMTRON) has a ROE % of 23.70% 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 Aimtron Electronics and its competitors. This is 15% below median its historical median of 28.03. According to the industry distribution chart, Aimtron Electronics ranks #174 out of 2427 companies in the Hardware industry, placing it in the top 7.2%.
Is Aimtron Electronics' ROE % too high?
Aimtron Electronics' current ROE % of 23.70% is 15% below median its 10-year median of 28.03. The Hardware industry median ROE % is 4.69. Aimtron Electronics' value of 23.70% is 405.3% above this industry median. Based on the distribution chart, Aimtron Electronics ranks #174 out of 2427 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Aimtron Electronics has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Aimtron Electronics' ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Aimtron Electronics ranks #174 out of 2427 companies for ROE %. This places Aimtron Electronics in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 4.69. Aimtron Electronics' value of 23.70% is 405.3% above this benchmark. While the company's 10-year median is 28.03 vs. the industry median of 4.69, Aimtron Electronics 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 a Hardware company?
The median ROE % among Hardware companies is 4.69, based on 2,427 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. Aimtron Electronics's current ROE % of 23.70% is 405.3% 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 Aimtron Electronics and its competitors. For the Hardware industry, the median ROE % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aimtron Electronics's current ROE % is 23.70%, which is 15% below median its own 10-year median of 28.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aimtron Electronics stock overvalued right now?
Aimtron Electronics (NSE:AIMTRON) has a current ROE % of 23.70%. The current ROE % is 23.70%, which is 15% below median its 10-year median of 28.03 and 405.3% above the Hardware industry median of 4.69. Aimtron Electronics' overall GF Score™ is 43/100 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 Aimtron Electronics (NSE:AIMTRON), the current ROE % is 23.70% 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.

Aimtron Electronics Business Description

Address Plot No 1/A, G.I.D.C Estate, Waghodia, Vadodara, GJ, IND, 391760
Aimtron Electronics Ltd is engaged in the business of providing products and solutions towards electronics system design and manufacturing (ESDM) services with a focus on high-value precision engineering products. It provide products and solutions right from printed circuit board (PCB) design and assembly to the manufacturing of complete electronic systems (Box Build), to certain domestic and manufacturers located in India, the United States of America, Hong Kong, the United Kingdom, Spain, and Mexico. The solutions comprise: printed circuit board assembly (PCBA), any box build assemblies, in addition to finding its application in battery management systems used in electric vehicles, and design solutions offering end-to-end services.
43GF Score

Get the complete analysis for NSE:AIMTRON

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

₹1,283.95
Price