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Clenon EnterprisesBOM:517564 21 Return-on-Tangible-Equity is -33.34% as of Mar. 2026. GuruFocus rates BOM:517564 with a GF Score™ of 21/100. Among 477 Diversified Financial Services companies, Clenon Enterprises ranks worse than 87.63% 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. Clenon Enterprises's annualized net income for the quarter that ended in Mar. 2026 was ₹-24.13 Mil. Clenon Enterprises's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹72.38 Mil. Therefore, Clenon Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -33.34%.
The historical rank and industry rank for Clenon Enterprises's Return-on-Tangible-Equity or its related term are showing as below:
BOM:517564'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -34.82 Med: -21.1 Max: -9.24
Current: -34.82
During the past 13 years, Clenon Enterprises's highest Return-on-Tangible-Equity was -9.24%. The lowest was -34.82%. And the median was -21.10%.
BOM:517564's Return-on-Tangible-Equity is ranked worse than 87.63% of 477
companies
in the Diversified Financial Services industry
Industry Median: 1.65
vs BOM:517564: -34.82
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.
Clenon Enterprises Return-on-Tangible-Equity Related Terms
Clenon Enterprises Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Clenon Enterprises'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:517564 vs XXI, CCXI, DMII: Return-on-Tangible-Equity Comparison
For the Shell Companies subindustry, Clenon Enterprises'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.
Clenon Enterprises Return-on-Tangible-Equity vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Clenon Enterprises's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Clenon Enterprises'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 -33.34% mean?
Clenon Enterprises (BOM:517564) has a Return-on-Tangible-Equity of -33.34% 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 Clenon Enterprises and its competitors. According to the industry distribution chart, Clenon Enterprises ranks #418 out of 477 companies in the Diversified Financial Services industry, placing it in the top 87.6%.
Is Clenon Enterprises' Return-on-Tangible-Equity too high?
Clenon Enterprises' current Return-on-Tangible-Equity is -33.34%. Based on the distribution chart, Clenon Enterprises ranks #418 out of 477 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Clenon Enterprises has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Clenon Enterprises' Return-on-Tangible-Equity compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, Clenon Enterprises ranks #418 out of 477 companies for Return-on-Tangible-Equity. This places Clenon Enterprises in the lower half of its industry. The industry median Return-on-Tangible-Equity is 1.65. 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 Diversified Financial Services company?
The median Return-on-Tangible-Equity among Diversified Financial Services companies is 1.65, based on 477 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. 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 Clenon Enterprises and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Equity is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clenon Enterprises's current Return-on-Tangible-Equity is -33.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clenon Enterprises stock overvalued right now?
Clenon Enterprises (BOM:517564) has a current Return-on-Tangible-Equity of -33.34%. The current Return-on-Tangible-Equity is -33.34%. Clenon Enterprises' overall GF Score™ is 21/100. 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 Clenon Enterprises (BOM:517564), the current Return-on-Tangible-Equity is -33.34% 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.
Clenon Enterprises Ltd operates as a single reportable segment focused on diversified industrial operations, including crude oil processing, water treatment equipment manufacturing, and agro products ventures. The company is in the process of establishing its operations and has not yet commenced business activities.
21GF Score
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