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.
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.
Empower IndiaBOM:504351 +4.86%35 Return-on-Tangible-Equity is 17.30% as of Mar. 2026, which is 172900% above its 10-year median of 0.01. GuruFocus rates BOM:504351 with a GF Score™ of 35/100. The stock has 4 warning signs investors should review. Among 2,383 Hardware companies, Empower India ranks better than 51.57% 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. Empower India's annualized net income for the quarter that ended in Mar. 2026 was ₹558 Mil. Empower India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹3,224 Mil. Therefore, Empower India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.30%.
The historical rank and industry rank for Empower India's Return-on-Tangible-Equity or its related term are showing as below:
BOM:504351'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.44 Med: 0.01 Max: 5.78
Current: 5.78
During the past 13 years, Empower India's highest Return-on-Tangible-Equity was 5.78%. The lowest was -4.44%. And the median was 0.01%.
BOM:504351's Return-on-Tangible-Equity is ranked better than 51.57% of 2383
companies
in the Hardware industry
Industry Median: 5.39
vs BOM:504351: 5.78
Empower India (BOM:504351) 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.
Empower India Return-on-Tangible-Equity Related Terms
Empower India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Empower 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:504351 vs SNX, ARW, AVT: Return-on-Tangible-Equity Comparison
For the Electronics & Computer Distribution subindustry, Empower 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.
Empower India Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Empower India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Empower 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 17.30% mean?
Empower India (BOM:504351) has a Return-on-Tangible-Equity of 17.30% 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 Empower India and its competitors. This is 172900% above median its historical median of 0.01. According to the industry distribution chart, Empower India ranks #1154 out of 2383 companies in the Hardware industry, placing it in the top 48.4%.
Is Empower India's Return-on-Tangible-Equity too high?
Empower India's current Return-on-Tangible-Equity of 17.30% is 172900% above median its 10-year median of 0.01. The Hardware industry median Return-on-Tangible-Equity is 5.39. Empower India's value of 17.30% is 221% above this industry median. Based on the distribution chart, Empower India ranks #1154 out of 2383 companies in the Hardware industry, which is above the industry midpoint. Overall, Empower India has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Empower India's Return-on-Tangible-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, Empower India ranks #1154 out of 2383 companies for Return-on-Tangible-Equity. This puts Empower India in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.39. Empower India's value of 17.30% is 221% above this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 5.39, Empower India 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 Return-on-Tangible-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.39, based on 2,383 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. Empower India's current Return-on-Tangible-Equity of 17.30% is 221% 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 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 Empower India and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empower India's current Return-on-Tangible-Equity is 17.30%, which is 172900% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empower India stock overvalued right now?
Empower India (BOM:504351) has a current Return-on-Tangible-Equity of 17.30%. The current Return-on-Tangible-Equity is 17.30%, which is 172900% above median its 10-year median of 0.01 and 221% above the Hardware industry median of 5.39. Empower India's overall GF Score™ is 35/100 with 4 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 Empower India (BOM:504351), the current Return-on-Tangible-Equity is 17.30% 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.
Empower India Ltd engaged in Information Technology products and peripherals. It provides its clients with business processes and technology management services. Its product portfolio includes EmpowerBollywood, Empower Biz, and Empower Tradex. EmpowerBollywood aims to bring production houses, performers, service providers and general consumers to a common platform. Empower Biz is a business Intelligence App lets store and share business cards on phone with features that give an experience. Empower Tradex helps to trade or exchange goods or services among themselves. The company generates its revenue mainly from IT products.
35GF Score
Get the complete analysis for BOM:504351
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:504351 has been successfully added to your 
