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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. SPV Global Trading's annualized net income for the quarter that ended in Mar. 2026 was ₹4,401 Mil. SPV Global Trading's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹2,589 Mil. Therefore, SPV Global Trading's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 170.00%.
The historical rank and industry rank for SPV Global Trading's Return-on-Tangible-Equity or its related term are showing as below:
BOM:512221'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.18 Med: 8.69 Max: 85.27
Current: 66.05
During the past 13 years, SPV Global Trading's highest Return-on-Tangible-Equity was 85.27%. The lowest was 2.18%. And the median was 8.69%.
BOM:512221's Return-on-Tangible-Equity is not ranked
in the Industrial Distribution industry.
Industry Median: 9.02
vs BOM:512221: 66.05
SPV Global Trading (BOM:512221) 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.
SPV Global Trading Return-on-Tangible-Equity Related Terms
SPV Global Trading Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for SPV Global Trading'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.
SPV Global Trading Return-on-Tangible-Equity Chart
BOM:512221 vs GWW, FAST, FERG: Return-on-Tangible-Equity Comparison
For the Industrial Distribution subindustry, SPV Global Trading'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.
SPV Global Trading Return-on-Tangible-Equity vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, SPV Global Trading's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where SPV Global Trading'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 170.00% mean?
SPV Global Trading (BOM:512221) has a Return-on-Tangible-Equity of 170.00% 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 SPV Global Trading and its competitors. This is 1856% above median its historical median of 8.69. Over the past decade, SPV Global Trading's Return-on-Tangible-Equity has ranged from 2.18 to 85.27.
Is SPV Global Trading's Return-on-Tangible-Equity too high?
SPV Global Trading's current Return-on-Tangible-Equity of 170.00% is 1856% above median its 10-year median of 8.69. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 85.27. The Industrial Distribution industry median Return-on-Tangible-Equity is 9.02. SPV Global Trading's value of 170.00% is 1784.7% above this industry median. Overall, SPV Global Trading has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does SPV Global Trading's Return-on-Tangible-Equity compare to GWW and FAST?
SPV Global Trading's Return-on-Tangible-Equity of 170.00% can be compared against companies in the Industrial Distribution industry. The industry median Return-on-Tangible-Equity is 9.02. SPV Global Trading's value of 170.00% is 1784.7% above this benchmark. Historically, SPV Global Trading's own Return-on-Tangible-Equity has ranged from 2.18 to 85.27 over the past decade. While the company's 10-year median is 8.69 vs. the industry median of 9.02, SPV Global Trading 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 an Industrial Distribution company?
The median Return-on-Tangible-Equity among Industrial Distribution companies is 9.02, based on 154 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. SPV Global Trading's current Return-on-Tangible-Equity of 170.00% is 1784.7% 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 SPV Global Trading and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Equity is 9.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPV Global Trading's current Return-on-Tangible-Equity is 170.00%, which is 1856% above median its own 10-year median of 8.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPV Global Trading stock overvalued right now?
SPV Global Trading (BOM:512221) has a current Return-on-Tangible-Equity of 170.00%. The stock's GF Value™ is ₹15.65, compared to a current price of ₹14.45 — trading 7.7% below its estimated fair value. The current Return-on-Tangible-Equity is 170.00%, which is 1856% above median its 10-year median of 8.69 and 1784.7% above the Industrial Distribution industry median of 9.02. SPV Global Trading's overall GF Score™ is 71/100 with 6 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 SPV Global Trading (BOM:512221), the current Return-on-Tangible-Equity is 170.00% 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 SPV Global Trading (BOM:512221) Overvalued in 2026?
Based on GuruFocus' analysis, SPV Global Trading stock appears to be undervalued.
The current stock price of ₹14.45 is trading 7.7% below its estimated GF Value™ of ₹15.65.
Key valuation signals for BOM:512221:
Return-on-Tangible-Equity: 170.00% (1856% above median its 10-year median of 8.69)
GF Value™: ₹15.65 vs. price of ₹14.45 (7.7% below fair value)
Industry Position: 1784.7% above the Industrial Distribution median
No single metric tells the full story. See the BOM:512221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPV Global Trading Ltd deals in non-ferrous metals which serves the copper alloy manufacturing industry, which in turn serves many industries such as Automobiles, Electricals, Electronics, horological, and coinage. The company is involved in the manufacturing of "Non-ferrous Semis & Copper Alloys". Geographically, it operates in India as well as Outside India. The majority of revenue is generated from the sale of products.
71GF Score
Get the complete analysis for BOM:512221
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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