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Bata IndiaBOM:500043 -0.70%74 Return-on-Tangible-Equity is 0.64% as of Mar. 2026, which is 96% below its 10-year median of 16.89. GuruFocus rates BOM:500043 with a GF Score™ of 74/100 and a GF Value™ of ₹1,399.68 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Bata India ranks better than 70.77% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Bata India's annualized net income for the quarter that ended in Mar. 2026 was ₹88 Mil. Bata India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹13,848 Mil. Therefore, Bata India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.64%.
The historical rank and industry rank for Bata India's Return-on-Tangible-Equity or its related term are showing as below:
BOM:500043'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.92 Med: 16.89 Max: 23.57
Current: 10.12
During the past 13 years, Bata India's highest Return-on-Tangible-Equity was 23.57%. The lowest was -4.92%. And the median was 16.89%.
BOM:500043's Return-on-Tangible-Equity is ranked better than 70.77% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs BOM:500043: 10.12
Bata India (BOM:500043) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.
Bata India Return-on-Tangible-Equity Related Terms
Bata India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bata India's Return-on-Tangible-Equity 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.
BOM:500043 vs NKE, DECK, ONON: Return-on-Tangible-Equity Comparison
For the Footwear & Accessories subindustry, Bata India's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Bata India Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bata India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bata India's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.64% mean?
Bata India (BOM:500043) has a Return-on-Tangible-Equity of 0.64% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bata India and its competitors. This is 96% below median its historical median of 16.89. According to the industry distribution chart, Bata India ranks #297 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 29.2%.
Is Bata India's Return-on-Tangible-Equity too high?
Bata India's current Return-on-Tangible-Equity of 0.64% is 96% below median its 10-year median of 16.89. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Bata India's value of 0.64% is 85.6% below this industry median. Based on the distribution chart, Bata India ranks #297 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Bata India has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bata India's Return-on-Tangible-Equity compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bata India ranks #297 out of 1016 companies for Return-on-Tangible-Equity. This puts Bata India in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Bata India's value of 0.64% is 85.6% below this benchmark. While the company's 10-year median is 16.89 vs. the industry median of 4.43, Bata India 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-Equity for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,016 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bata India's current Return-on-Tangible-Equity of 0.64% is 85.6% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bata India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bata India's current Return-on-Tangible-Equity is 0.64%, which is 96% below median its own 10-year median of 16.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bata India stock overvalued right now?
Based on GuruFocus' analysis, Bata India (BOM:500043) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,399.68, compared to a current price of ₹694.00 — trading 50.4% below its estimated fair value. The current Return-on-Tangible-Equity is 0.64%, which is 96% below median its 10-year median of 16.89 and 85.6% below the Manufacturing - Apparel & Accessories industry median of 4.43. Bata India's overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Bata India (BOM:500043), the current Return-on-Tangible-Equity is 0.64% 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 Bata India (BOM:500043) Overvalued in 2026?
Based on GuruFocus' analysis, Bata India stock appears to be undervalued.
The current stock price of ₹694.00 is trading 50.4% below its estimated GF Value™ of ₹1,399.68.
GuruFocus considers Bata India to be Significantly Undervalued.
Key valuation signals for BOM:500043:
Return-on-Tangible-Equity: 0.64% (96% below median its 10-year median of 16.89)
GF Value™: ₹1,399.68 vs. price of ₹694.00 (50.4% below fair value)
Industry Position: 85.6% below the Manufacturing - Apparel & Accessories median (#297 of 1016)
No single metric tells the full story. See the BOM:500043 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bata India Ltd is a manufacturer and retailer of footwear and accessories, such as bags, belts, wallets, and shoe care products. It has only one reportable segment which is Footwear and Accessories. The company sells footwear under brand names including Bata, Bubblegummers, Hush Puppies, Power, Weinbrenner, and Naturalizer. Bata manufactures shoes in multiple manufacturing plants across India, and it sells its products through its retail stores and e-commerce channels. Bata generates all its sales in India, mostly from footwear.
74GF Score
Get the complete analysis for BOM:500043
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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