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Tembo Global Industries (NSE:TEMBO) ROE % : 68.61% (As of Sep. 2024)


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What is Tembo Global Industries ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tembo Global Industries's annualized net income for the quarter that ended in Sep. 2024 was ₹583 Mil. Tembo Global Industries's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was ₹850 Mil. Therefore, Tembo Global Industries's annualized ROE % for the quarter that ended in Sep. 2024 was 68.61%.

The historical rank and industry rank for Tembo Global Industries's ROE % or its related term are showing as below:

NSE:TEMBO' s ROE % Range Over the Past 10 Years
Min: 11.38   Med: 17.73   Max: 26.81
Current: 26.46

During the past 11 years, Tembo Global Industries's highest ROE % was 26.81%. The lowest was 11.38%. And the median was 17.73%.

NSE:TEMBO's ROE % is ranked better than
93.86% of 2949 companies
in the Industrial Products industry
Industry Median: 6.22 vs NSE:TEMBO: 26.46

Tembo Global Industries ROE % Historical Data

The historical data trend for Tembo Global Industries'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.

* Premium members only.

Tembo Global Industries ROE % Chart

Tembo Global Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.03 11.38 13.15 17.85 26.81

Tembo Global Industries Quarterly Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Mar22 Jun22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
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 18.91 - - 32.76 68.61

Competitive Comparison of Tembo Global Industries's ROE %

For the Metal Fabrication subindustry, Tembo Global Industries'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.


Tembo Global Industries's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tembo Global Industries's ROE % distribution charts can be found below:

* The bar in red indicates where Tembo Global Industries's ROE % falls into.


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Tembo Global Industries ROE % Calculation

Tembo Global Industries's annualized ROE % for the fiscal year that ended in Mar. 2024 is calculated as

ROE %=Net Income (A: Mar. 2024 )/( (Total Stockholders Equity (A: Mar. 2023 )+Total Stockholders Equity (A: Mar. 2024 ))/ count )
=142.078/( (398.836+661.215)/ 2 )
=142.078/530.0255
=26.81 %

Tembo Global Industries's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=583.252/( (0+850.08)/ 1 )
=583.252/850.08
=68.61 %

* 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 (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


Tembo Global Industries  (NSE:TEMBO) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=583.252/850.08
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(583.252 / 6553.828)*(6553.828 / 3660.422)*(3660.422 / 850.08)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.9 %*1.7905*4.306
=ROA %*Equity Multiplier
=15.94 %*4.306
=68.61 %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=583.252/850.08
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (583.252 / 780.132) * (780.132 / 563.04) * (563.04 / 6553.828) * (6553.828 / 3660.422) * (3660.422 / 850.08)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7476 * 1.3856 * 8.59 % * 1.7905 * 4.306
=68.61 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


Tembo Global Industries ROE % Related Terms

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Tembo Global Industries Business Description

Traded in Other Exchanges
N/A
Address
S Central Road, Plot No. PAP-D - 146/147, TTC Industrial Estate, Opposite Balmer Lawrie Van Leer Co., MIDC, Turbhe, Sanpada Road, Navi Mumbai, MH, IND, 400705
Tembo Global Industries Ltd manufactures and fabricates steel products for its application in Pipe Support Systems, HVAC Systems, Anti-vibration systems and Equipment for Industrial, Commercial, Utility, and OEM Installations. It also manufactures metal and base metal products like G. I. nuts, various types of bolts, clamps, hangers, bathroom pipes, fittings, bathroom accessories and sanitary wares. The company operates in two business segment viz, Manufacturing of Engineering Products and Trading of Fabric and Textile Products. The majority of revenue from operations is derived from the domestic market.

Tembo Global Industries Headlines

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