Equilateral Enterprises (BOM:531262) Return-on-Tangible-Asset: 0.80% (As of Jun. 2026) — 627% Above 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.

BOM:531262 Equilateral Enterprises Ltd BOM:531262
44 GF Score
Price ₹9.00
! 1 Warning Sign
View Full Analysis

What is Equilateral Enterprises Return-on-Tangible-Asset?

Equilateral Enterprises BOM:531262 -4.76% 44 Return-on-Tangible-Asset is 0.80% as of Jun. 2026, which is 627% above its 10-year median of 0.11. GuruFocus rates BOM:531262 with a GF Score™ of 44/100. The stock has 1 warning sign investors should review. Among 1,136 Retail - Cyclical companies, Equilateral Enterprises ranks worse than 67.17% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Equilateral Enterprises's annualized Net Income for the quarter that ended in Jun. 2026 was ₹1.8 Mil. Equilateral Enterprises's average total tangible assets for the quarter that ended in Jun. 2026 was ₹227.6 Mil. Therefore, Equilateral Enterprises's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.80%.

The historical rank and industry rank for Equilateral Enterprises's Return-on-Tangible-Asset or its related term are showing as below:

BOM:531262' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.02   Med: 0.11   Max: 1.1
Current: 0.55

During the past 13 years, Equilateral Enterprises's highest Return-on-Tangible-Asset was 1.10%. The lowest was 0.02%. And the median was 0.11%.

BOM:531262's Return-on-Tangible-Asset is ranked worse than
67.17% of 1136 companies
in the Retail - Cyclical industry
Industry Median: 3.04 vs BOM:531262: 0.55

Equilateral Enterprises  (BOM:531262) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Equilateral Enterprises Return-on-Tangible-Asset Related Terms


Equilateral Enterprises Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Equilateral Enterprises's Return-on-Tangible-Asset 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.

Equilateral Enterprises Return-on-Tangible-Asset Chart

Equilateral Enterprises Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.10 0.11 0.84 1.10

Equilateral Enterprises Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset 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 3.16 2.48 0.44 -1.75 0.80

BOM:531262 vs TPR: Return-on-Tangible-Asset Comparison

For the Luxury Goods subindustry, Equilateral Enterprises's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Equilateral Enterprises Return-on-Tangible-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Equilateral Enterprises's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Equilateral Enterprises's Return-on-Tangible-Asset falls into.


BOM:531262
44GF Score
Equilateral Enterprises Ltd BOM:531262
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equilateral Enterprises Return-on-Tangible-Asset Calculation

Equilateral Enterprises's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=2.366/( (203.797+227.607)/ 2 )
=2.366/215.702
=1.10 %

Equilateral Enterprises's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=1.832/( (227.607+0)/ 1 )
=1.832/227.607
=0.80 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 0.80% mean?
Equilateral Enterprises (BOM:531262) has a Return-on-Tangible-Asset of 0.80% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Equilateral Enterprises and its competitors. This is 627% above median its historical median of 0.11. Over the past decade, Equilateral Enterprises' Return-on-Tangible-Asset has ranged from 0.02 to 1.10. According to the industry distribution chart, Equilateral Enterprises ranks #763 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 67.2%.
Is Equilateral Enterprises' Return-on-Tangible-Asset too high?
Equilateral Enterprises' current Return-on-Tangible-Asset of 0.80% is 627% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 1.10. The Retail - Cyclical industry median Return-on-Tangible-Asset is 3.04. Equilateral Enterprises' value of 0.80% is 73.7% below this industry median. Based on the distribution chart, Equilateral Enterprises ranks #763 out of 1136 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Equilateral Enterprises has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Equilateral Enterprises' Return-on-Tangible-Asset compare to TPR?
According to the Retail - Cyclical industry distribution chart, Equilateral Enterprises ranks #763 out of 1136 companies for Return-on-Tangible-Asset. This places Equilateral Enterprises in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.04. Equilateral Enterprises' value of 0.80% is 73.7% below this benchmark. Historically, Equilateral Enterprises' own Return-on-Tangible-Asset has ranged from 0.02 to 1.10 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 3.04, Equilateral Enterprises 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 Return-on-Tangible-Asset for a Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 3.04, based on 1,136 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Equilateral Enterprises's current Return-on-Tangible-Asset of 0.80% is 73.7% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Equilateral Enterprises and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equilateral Enterprises's current Return-on-Tangible-Asset is 0.80%, which is 627% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equilateral Enterprises stock overvalued right now?
Equilateral Enterprises (BOM:531262) has a current Return-on-Tangible-Asset of 0.80%. The current Return-on-Tangible-Asset is 0.80%, which is 627% above median its 10-year median of 0.11 and 73.7% below the Retail - Cyclical industry median of 3.04. Equilateral Enterprises' overall GF Score™ is 44/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Equilateral Enterprises (BOM:531262), the current Return-on-Tangible-Asset is 0.80% as of Jun. 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.

Equilateral Enterprises Business Description

Address 801, Shubh Square, lal darwaja, Near Delhi Gate, Surat, GJ, IND, 395003
Equilateral Enterprises Ltd is engaged in trading gems and Jewellery and dealing in Diamonds and colored stones (precious, semi-precious, and synthetic), Pearls, and Jewellery (Plain gold, studded, silver) products. It generates income for the company from diamond trading.
44GF Score

Get the complete analysis for BOM:531262

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹9.00
Price