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Swadeshi Industries & Leasing CoBOM:506863 -1.09%45 Return-on-Tangible-Equity is 21.76% as of Mar. 2026. GuruFocus rates BOM:506863 with a GF Score™ of 45/100. The stock has 3 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Swadeshi Industries & Leasing Co ranks better than 81.34% on this metric.
The historical rank and industry rank for Swadeshi Industries & Leasing Co's Return-on-Tangible-Equity or its related term are showing as below:
BOM:506863'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.18 Med: -1.57 Max: 15.14
Current: 15.14
During the past 13 years, Swadeshi Industries & Leasing Co's highest Return-on-Tangible-Equity was 15.14%. The lowest was -10.18%. And the median was -1.57%.
BOM:506863's Return-on-Tangible-Equity is ranked better than 81.34% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.415
vs BOM:506863: 15.14
Swadeshi Industries & Leasing Co (BOM:506863) 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.
Swadeshi Industries & Leasing Co Return-on-Tangible-Equity Related Terms
Swadeshi Industries & Leasing Co 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.
Swadeshi Industries & Leasing Co Return-on-Tangible-Equity Chart
Swadeshi Industries & Leasing Co Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, Swadeshi Industries & Leasing Co'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.
Swadeshi Industries & Leasing Co Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Swadeshi Industries & Leasing Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Swadeshi Industries & Leasing Co'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 21.76% mean?
Swadeshi Industries & Leasing Co (BOM:506863) has a Return-on-Tangible-Equity of 21.76% 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 Swadeshi Industries & Leasing Co and its competitors. According to the industry distribution chart, Swadeshi Industries & Leasing Co ranks #190 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 18.7%.
Is Swadeshi Industries & Leasing Co's Return-on-Tangible-Equity too high?
Swadeshi Industries & Leasing Co's current Return-on-Tangible-Equity is 21.76%. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.42. Swadeshi Industries & Leasing Co's value of 21.76% is 392.9% above this industry median. Based on the distribution chart, Swadeshi Industries & Leasing Co ranks #190 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Swadeshi Industries & Leasing Co has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Swadeshi Industries & Leasing Co's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Swadeshi Industries & Leasing Co ranks #190 out of 1018 companies for Return-on-Tangible-Equity. This places Swadeshi Industries & Leasing Co in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.42. Swadeshi Industries & Leasing Co's value of 21.76% is 392.9% above this benchmark. 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 4.42, based on 1,018 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. Swadeshi Industries & Leasing Co's current Return-on-Tangible-Equity of 21.76% is 392.9% 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 Swadeshi Industries & Leasing Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swadeshi Industries & Leasing Co's current Return-on-Tangible-Equity is 21.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swadeshi Industries & Leasing Co stock overvalued right now?
Swadeshi Industries & Leasing Co (BOM:506863) has a current Return-on-Tangible-Equity of 21.76%. The current Return-on-Tangible-Equity is 21.76% and 392.9% above the Manufacturing - Apparel & Accessories industry median of 4.42. Swadeshi Industries & Leasing Co's overall GF Score™ is 45/100 with 3 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 Swadeshi Industries & Leasing Co (BOM:506863), the current Return-on-Tangible-Equity is 21.76% 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.
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