The historical rank and industry rank for Sandur Manganese And Iron Ores's ROE % or its related term are showing as below:
NSE:SANDUMA'
s ROE % Range Over the Past 10 Years
Min: 11.7 Med: 19.4 Max: 50.91
Current: 22.48
During the past 13 years, Sandur Manganese And Iron Ores's highest ROE % was 50.91%. The lowest was 11.70%. And the median was 19.40%.
NSE:SANDUMA's ROE % is ranked better than 93.7% of 619
companies
in the Steel industry
Industry Median: 3.68
vs NSE:SANDUMA: 22.48
Sandur Manganese And Iron Ores (NSE:SANDUMA) 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 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.
Sandur Manganese And Iron Ores ROE % Related Terms
Sandur Manganese And Iron Ores ROE % 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.
For the Steel subindustry, Sandur Manganese And Iron Ores'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.
Sandur Manganese And Iron Ores ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, Sandur Manganese And Iron Ores's ROE % distribution charts can be found below:
* The bar in red indicates where Sandur Manganese And Iron Ores'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 four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Sandur Manganese And Iron Ores (NSE:SANDUMA) has a ROE % of 28.99% 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 Sandur Manganese And Iron Ores and its competitors. This is 49% above median its historical median of 19.40. Over the past decade, Sandur Manganese And Iron Ores' ROE % has ranged from 11.70 to 50.91. According to the industry distribution chart, Sandur Manganese And Iron Ores ranks #39 out of 619 companies in the Steel industry, placing it in the top 6.3%.
Is Sandur Manganese And Iron Ores' ROE % too high?
Sandur Manganese And Iron Ores' current ROE % of 28.99% is 49% above median its 10-year median of 19.40. Over the past 10 years, this metric has ranged from a low of 11.70 to a high of 50.91. The Steel industry median ROE % is 3.68. Sandur Manganese And Iron Ores' value of 28.99% is 687.8% above this industry median. Based on the distribution chart, Sandur Manganese And Iron Ores ranks #39 out of 619 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Sandur Manganese And Iron Ores has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sandur Manganese And Iron Ores' ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Sandur Manganese And Iron Ores ranks #39 out of 619 companies for ROE %. This places Sandur Manganese And Iron Ores in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 3.68. Sandur Manganese And Iron Ores' value of 28.99% is 687.8% above this benchmark. Historically, Sandur Manganese And Iron Ores' own ROE % has ranged from 11.70 to 50.91 over the past decade. While the company's 10-year median is 19.40 vs. the industry median of 3.68, Sandur Manganese And Iron Ores 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 Steel company?
The median ROE % among Steel companies is 3.68, based on 619 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. Sandur Manganese And Iron Ores's current ROE % of 28.99% is 687.8% 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 Sandur Manganese And Iron Ores and its competitors. For the Steel industry, the median ROE % is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sandur Manganese And Iron Ores's current ROE % is 28.99%, which is 49% above median its own 10-year median of 19.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandur Manganese And Iron Ores stock overvalued right now?
Based on GuruFocus' analysis, Sandur Manganese And Iron Ores (NSE:SANDUMA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹301.45, compared to a current price of ₹202.85 — trading 32.7% below its estimated fair value. The current ROE % is 28.99%, which is 49% above median its 10-year median of 19.40 and 687.8% above the Steel industry median of 3.68. Sandur Manganese And Iron Ores' overall GF Score™ is 74/100 with 3 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 Sandur Manganese And Iron Ores (NSE:SANDUMA), the current ROE % is 28.99% 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 Sandur Manganese And Iron Ores (NSE:SANDUMA) Overvalued in 2026?
Based on GuruFocus' analysis, Sandur Manganese And Iron Ores stock appears to be undervalued.
The current stock price of ₹202.85 is trading 32.7% below its estimated GF Value™ of ₹301.45.
GuruFocus considers Sandur Manganese And Iron Ores to be Significantly Undervalued.
Key valuation signals for NSE:SANDUMA:
ROE %: 28.99% (49% above median its 10-year median of 19.40)
GF Value™: ₹301.45 vs. price of ₹202.85 (32.7% below fair value)
Industry Position: 687.8% above the Steel median (#39 of 619)
No single metric tells the full story. See the NSE:SANDUMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sandur Manganese And Iron Ores Business Description
Sandur Manganese And Iron Ores Ltd is a mining company. It is engaged in the mining of manganese and iron ores in Deogiri village of Sandur taluk, Ballari District, Karnataka. The Company is also engaged in the manufacture of ferroalloys, and coke and energy at Vyasanakere, Hosapete. Its operating segment includes Mining and Ferroalloys, and Coke and Energy. The company generates maximum revenue from the Mining segment. Geographically, it derives all of its revenue from within India.
74GF Score
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