United Heat TransferNSE:UHTL -1.99%16 ROE % is 2.84% as of Sep. 2025, which is 81% below its 10-year median of 14.80. GuruFocus rates NSE:UHTL with a GF Score™ of 16/100. The stock has 6 warning signs investors should review. Among 3,009 Industrial Products companies, United Heat Transfer ranks worse than 53.64% on this metric.
The historical rank and industry rank for United Heat Transfer's ROE % or its related term are showing as below:
NSE:UHTL'
s ROE % Range Over the Past 10 Years
Min: 5.23 Med: 14.8 Max: 36.09
Current: 5.23
During the past 4 years, United Heat Transfer's highest ROE % was 36.09%. The lowest was 5.23%. And the median was 14.80%.
NSE:UHTL's ROE % is ranked worse than 53.64% of 3009
companies
in the Industrial Products industry
Industry Median: 5.91
vs NSE:UHTL: 5.23
United Heat Transfer (NSE:UHTL) 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 (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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.
* 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, United Heat Transfer'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.
United Heat Transfer ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, United Heat Transfer's ROE % distribution charts can be found below:
* The bar in red indicates where United Heat Transfer'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 (Sep. 2025) net income data.
ROE % is displayed in the 30-year financial page.
United Heat Transfer (NSE:UHTL) has a ROE % of 2.84% as of Sep. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on United Heat Transfer and its competitors. This is 81% below median its historical median of 14.80. Over the past decade, United Heat Transfer's ROE % has ranged from 5.23 to 36.09. According to the industry distribution chart, United Heat Transfer ranks #1614 out of 3009 companies in the Industrial Products industry, placing it in the top 53.6%.
Is United Heat Transfer's ROE % too high?
United Heat Transfer's current ROE % of 2.84% is 81% below median its 10-year median of 14.80. Over the past 10 years, this metric has ranged from a low of 5.23 to a high of 36.09. The Industrial Products industry median ROE % is 5.91. United Heat Transfer's value of 2.84% is 51.9% below this industry median. Based on the distribution chart, United Heat Transfer ranks #1614 out of 3009 companies in the Industrial Products industry, which is below the industry midpoint. Overall, United Heat Transfer has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does United Heat Transfer's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, United Heat Transfer ranks #1614 out of 3009 companies for ROE %. This places United Heat Transfer in the lower half of its industry. The industry median ROE % is 5.91. United Heat Transfer's value of 2.84% is 51.9% below this benchmark. Historically, United Heat Transfer's own ROE % has ranged from 5.23 to 36.09 over the past decade. While the company's 10-year median is 14.80 vs. the industry median of 5.91, United Heat Transfer has consistently been below 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 5.91, based on 3,009 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. United Heat Transfer's current ROE % of 2.84% is 51.9% below 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 United Heat Transfer and its competitors. For the Industrial Products industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Heat Transfer's current ROE % is 2.84%, which is 81% below median its own 10-year median of 14.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Heat Transfer stock overvalued right now?
United Heat Transfer (NSE:UHTL) has a current ROE % of 2.84%. The current ROE % is 2.84%, which is 81% below median its 10-year median of 14.80 and 51.9% below the Industrial Products industry median of 5.91. United Heat Transfer's overall GF Score™ is 16/100 with 6 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 United Heat Transfer (NSE:UHTL), the current ROE % is 2.84% as of Sep. 2025. 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.
United Heat Transfer Ltd is engaged in the manufacture of a range of shell and tube heat exchangers, air cooled heat exchangers, pressure vessels and process flow skids equipment's which are used as critical equipment's for petrol and diesel engines, railway engines, maritime engines, cruse and cargo ships, ferries, pleasure boats, marine diesels, mining trucks, megayachts, heavy engines, fishing boats, heavy trucks, freighters, trawlers, heavy haulages, power gen sets, super tankers, off highway engines etc.
16GF Score
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