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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. Deccan Gold Mines's annualized net income for the quarter that ended in Mar. 2026 was ₹304.92 Mil. Deccan Gold Mines's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹3,367.80 Mil. Therefore, Deccan Gold Mines's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.05%.
The historical rank and industry rank for Deccan Gold Mines's Return-on-Tangible-Equity or its related term are showing as below:
BOM:512068'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -70.26 Med: -7.3 Max: -3.02
Current: -34.49
During the past 13 years, Deccan Gold Mines's highest Return-on-Tangible-Equity was -3.02%. The lowest was -70.26%. And the median was -7.30%.
BOM:512068's Return-on-Tangible-Equity is ranked worse than 63.55% of 2384
companies
in the Metals & Mining industry
Industry Median: -16.405
vs BOM:512068: -34.49
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.
Deccan Gold Mines Return-on-Tangible-Equity Related Terms
Deccan Gold Mines Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Deccan Gold Mines'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:512068 vs NEM, AU: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Deccan Gold Mines'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.
Deccan Gold Mines Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Deccan Gold Mines's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Deccan Gold Mines'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 9.05% mean?
Deccan Gold Mines (BOM:512068) has a Return-on-Tangible-Equity of 9.05% 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 Deccan Gold Mines and its competitors. According to the industry distribution chart, Deccan Gold Mines ranks #1515 out of 2384 companies in the Metals & Mining industry, placing it in the top 63.5%.
Is Deccan Gold Mines' Return-on-Tangible-Equity too high?
Deccan Gold Mines' current Return-on-Tangible-Equity is 9.05%. Based on the distribution chart, Deccan Gold Mines ranks #1515 out of 2384 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Deccan Gold Mines has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deccan Gold Mines' Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Deccan Gold Mines ranks #1515 out of 2384 companies for Return-on-Tangible-Equity. This places Deccan Gold Mines in the lower half of its industry. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Deccan Gold Mines and its competitors. Deccan Gold Mines's current Return-on-Tangible-Equity is 9.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deccan Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Deccan Gold Mines (BOM:512068) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹66.30, compared to a current price of ₹220.35 — trading 232.4% above its estimated fair value. The current Return-on-Tangible-Equity is 9.05%. Deccan Gold Mines' overall GF Score™ is 31/100 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 Deccan Gold Mines (BOM:512068), the current Return-on-Tangible-Equity is 9.05% 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 Deccan Gold Mines (BOM:512068) Overvalued in 2026?
Based on GuruFocus' analysis, Deccan Gold Mines stock appears to be overvalued.
The current stock price of ₹220.35 is trading 232.4% above its estimated GF Value™ of ₹66.30.
GuruFocus considers Deccan Gold Mines to be Significantly Overvalued.
Key valuation signals for BOM:512068:
Return-on-Tangible-Equity: 9.05%
GF Value™: ₹66.30 vs. price of ₹220.35 (232.4% above fair value)
No single metric tells the full story. See the BOM:512068 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Deccan Gold Mines Ltd is a mining company engaged in the business of gold exploration and mining. It has been involved in gold exploration activities in the states of Karnataka and Andhra Pradesh where the activities have resulted in defining many gold prospects spread across these states. Its objective is to advance these gold prospects into commercial gold production. The company's projects portfolio includes the , Hattu Schist Belt, Kalevala Gold Projects, Finland, Altyn Tor Gold Project- Naryn Province, Kyrgyzstan, Mozambique Projects, Syrjala Project, and others.
31GF Score
Get the complete analysis for BOM:512068
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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