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.
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.
Megatherm InductionNSE:MEGATHERM -2.08%43 ROE % is 14.59% as of Mar. 2026, which is 8% below its 10-year median of 15.85. GuruFocus rates NSE:MEGATHERM with a GF Score™ of 43/100. The stock has 5 warning signs investors should review. Among 3,004 Industrial Products companies, Megatherm Induction ranks better than 83.26% on this metric.
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.
Megatherm Induction ROE % Related Terms
Megatherm Induction ROE % Historical Data
* Premium members only.
The historical data trend for Megatherm Induction'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 Specialty Industrial Machinery subindustry, Megatherm Induction'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.
Megatherm Induction ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Megatherm Induction's ROE % distribution charts can be found below:
* The bar in red indicates where Megatherm Induction'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.
Megatherm Induction (NSE:MEGATHERM) has a ROE % of 14.59% 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 Megatherm Induction and its competitors. This is near median its historical median of 15.85. Over the past decade, Megatherm Induction's ROE % has ranged from 3.07 to 32.10. According to the industry distribution chart, Megatherm Induction ranks #503 out of 3004 companies in the Industrial Products industry, placing it in the top 16.7%.
Is Megatherm Induction's ROE % too high?
Megatherm Induction's current ROE % of 14.59% is near median its 10-year median of 15.85. Over the past 10 years, this metric has ranged from a low of 3.07 to a high of 32.10. The Industrial Products industry median ROE % is 5.89. Megatherm Induction's value of 14.59% is 147.7% above this industry median. Based on the distribution chart, Megatherm Induction ranks #503 out of 3004 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Megatherm Induction has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Megatherm Induction's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Megatherm Induction ranks #503 out of 3004 companies for ROE %. This places Megatherm Induction in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 5.89. Megatherm Induction's value of 14.59% is 147.7% above this benchmark. Historically, Megatherm Induction's own ROE % has ranged from 3.07 to 32.10 over the past decade. While the company's 10-year median is 15.85 vs. the industry median of 5.89, Megatherm Induction 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 5.89, based on 3,004 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. Megatherm Induction's current ROE % of 14.59% is 147.7% 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 Megatherm Induction and its competitors. For the Industrial Products industry, the median ROE % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Megatherm Induction's current ROE % is 14.59%, which is near median its own 10-year median of 15.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megatherm Induction stock overvalued right now?
Megatherm Induction (NSE:MEGATHERM) has a current ROE % of 14.59%. The current ROE % is 14.59%, which is near median its 10-year median of 15.85 and 147.7% above the Industrial Products industry median of 5.89. Megatherm Induction's overall GF Score™ is 43/100 with 5 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 Megatherm Induction (NSE:MEGATHERM), the current ROE % is 14.59% 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.
Megatherm Induction Ltd is mainly involved in manufacturing and selling capital equipment such as induction melting and heating equipment, arc melting furnaces, ladle refining furnaces, continuous casting machines, and transformers. The company's products include automation, forging shop and mass heating equipment, foundry melt shop equipment, heat treatment and special applications, and pipes and tubes for heating, welding, and steel melt shop equipment. The company generates the majority of its revenue from India, with some revenue coming from international sales.
43GF Score
Get the complete analysis for NSE:MEGATHERM
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:MEGATHERM has been successfully added to your 
