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Multipurpose Trading & AgenciesBOM:504356 -3.76%28 Return-on-Tangible-Equity is 3.53% as of Mar. 2026, which is 90% above its 10-year median of 1.86. GuruFocus rates BOM:504356 with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 782 Capital Markets companies, Multipurpose Trading & Agencies ranks worse than 83.5% on this metric.
The historical rank and industry rank for Multipurpose Trading & Agencies's Return-on-Tangible-Equity or its related term are showing as below:
BOM:504356'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.12 Med: 1.86 Max: 4.2
Current: -10.04
During the past 13 years, Multipurpose Trading & Agencies's highest Return-on-Tangible-Equity was 4.20%. The lowest was -10.12%. And the median was 1.86%.
BOM:504356's Return-on-Tangible-Equity is ranked worse than 83.5% of 782
companies
in the Capital Markets industry
Industry Median: 6.52
vs BOM:504356: -10.04
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.
Multipurpose Trading & Agencies Return-on-Tangible-Equity Related Terms
Multipurpose Trading & Agencies Return-on-Tangible-Equity Historical Data
* 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:504356 vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Multipurpose Trading & Agencies'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.
Multipurpose Trading & Agencies Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Multipurpose Trading & Agencies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Multipurpose Trading & Agencies'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 3.53% mean?
Multipurpose Trading & Agencies (BOM:504356) has a Return-on-Tangible-Equity of 3.53% 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 Multipurpose Trading & Agencies and its competitors. This is 90% above median its historical median of 1.86. According to the industry distribution chart, Multipurpose Trading & Agencies ranks #653 out of 782 companies in the Capital Markets industry, placing it in the top 83.5%.
Is Multipurpose Trading & Agencies' Return-on-Tangible-Equity too high?
Multipurpose Trading & Agencies' current Return-on-Tangible-Equity of 3.53% is 90% above median its 10-year median of 1.86. The Capital Markets industry median Return-on-Tangible-Equity is 6.52. Multipurpose Trading & Agencies' value of 3.53% is 45.9% below this industry median. Based on the distribution chart, Multipurpose Trading & Agencies ranks #653 out of 782 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Multipurpose Trading & Agencies has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Multipurpose Trading & Agencies' Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Multipurpose Trading & Agencies ranks #653 out of 782 companies for Return-on-Tangible-Equity. This places Multipurpose Trading & Agencies in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.52. Multipurpose Trading & Agencies' value of 3.53% is 45.9% below this benchmark. While the company's 10-year median is 1.86 vs. the industry median of 6.52, Multipurpose Trading & Agencies 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.52, based on 782 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. Multipurpose Trading & Agencies's current Return-on-Tangible-Equity of 3.53% is 45.9% 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 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 Multipurpose Trading & Agencies and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multipurpose Trading & Agencies's current Return-on-Tangible-Equity is 3.53%, which is 90% above median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multipurpose Trading & Agencies stock overvalued right now?
Multipurpose Trading & Agencies (BOM:504356) has a current Return-on-Tangible-Equity of 3.53%. The current Return-on-Tangible-Equity is 3.53%, which is 90% above median its 10-year median of 1.86 and 45.9% below the Capital Markets industry median of 6.52. Multipurpose Trading & Agencies' overall GF Score™ is 28/100 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 Multipurpose Trading & Agencies (BOM:504356), the current Return-on-Tangible-Equity is 3.53% 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.
Multipurpose Trading & Agencies Business Description
Multipurpose Trading & Agencies Ltd is mainly engaged in the trading of securities, including shares and commodities, along with real estate activities. The company provides finance and investment services, operating mainly in India with a focus on securities trading as its core business.
28GF Score
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