Liberty ShoesBOM:526596 -0.83%71 Return-on-Tangible-Equity is 9.08% as of Mar. 2026, which is 100% above its 10-year median of 4.53. GuruFocus rates BOM:526596 with a GF Score™ of 71/100 and a GF Value™ of ₹363.50 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,011 Manufacturing - Apparel & Accessories companies, Liberty Shoes ranks better than 52.23% 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. Liberty Shoes's annualized net income for the quarter that ended in Mar. 2026 was ₹212 Mil. Liberty Shoes's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹2,333 Mil. Therefore, Liberty Shoes's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.08%.
The historical rank and industry rank for Liberty Shoes's Return-on-Tangible-Equity or its related term are showing as below:
BOM:526596'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.24 Med: 4.53 Max: 7.91
Current: 4.91
During the past 13 years, Liberty Shoes's highest Return-on-Tangible-Equity was 7.91%. The lowest was 0.24%. And the median was 4.53%.
BOM:526596's Return-on-Tangible-Equity is ranked better than 52.23% of 1011
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs BOM:526596: 4.91
Liberty Shoes (BOM:526596) 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.
Liberty Shoes Return-on-Tangible-Equity Related Terms
Liberty Shoes Return-on-Tangible-Equity Historical Data
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The historical data trend for Liberty Shoes'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:526596 vs NKE, DECK, ONON: Return-on-Tangible-Equity Comparison
For the Footwear & Accessories subindustry, Liberty Shoes'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.
Liberty Shoes Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Liberty Shoes's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Liberty Shoes'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 9.08% mean?
Liberty Shoes (BOM:526596) has a Return-on-Tangible-Equity of 9.08% 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 Liberty Shoes and its competitors. This is 100% above median its historical median of 4.53. Over the past decade, Liberty Shoes' Return-on-Tangible-Equity has ranged from 0.24 to 7.91. According to the industry distribution chart, Liberty Shoes ranks #483 out of 1011 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 47.8%.
Is Liberty Shoes' Return-on-Tangible-Equity too high?
Liberty Shoes' current Return-on-Tangible-Equity of 9.08% is 100% above median its 10-year median of 4.53. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 7.91. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Liberty Shoes' value of 9.08% is 105% above this industry median. Based on the distribution chart, Liberty Shoes ranks #483 out of 1011 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Liberty Shoes has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Liberty Shoes' Return-on-Tangible-Equity compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Liberty Shoes ranks #483 out of 1011 companies for Return-on-Tangible-Equity. This puts Liberty Shoes in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Liberty Shoes' value of 9.08% is 105% above this benchmark. Historically, Liberty Shoes' own Return-on-Tangible-Equity has ranged from 0.24 to 7.91 over the past decade. While the company's 10-year median is 4.53 vs. the industry median of 4.43, Liberty Shoes 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 a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,011 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. Liberty Shoes's current Return-on-Tangible-Equity of 9.08% is 105% 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 Liberty Shoes and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liberty Shoes's current Return-on-Tangible-Equity is 9.08%, which is 100% above median its own 10-year median of 4.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liberty Shoes stock overvalued right now?
Based on GuruFocus' analysis, Liberty Shoes (BOM:526596) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹363.50, compared to a current price of ₹269.00 — trading 26% below its estimated fair value. The current Return-on-Tangible-Equity is 9.08%, which is 100% above median its 10-year median of 4.53 and 105% above the Manufacturing - Apparel & Accessories industry median of 4.43. Liberty Shoes' overall GF Score™ is 71/100 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 Liberty Shoes (BOM:526596), the current Return-on-Tangible-Equity is 9.08% 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 Liberty Shoes (BOM:526596) Overvalued in 2026?
Based on GuruFocus' analysis, Liberty Shoes stock appears to be undervalued.
The current stock price of ₹269.00 is trading 26% below its estimated GF Value™ of ₹363.50.
GuruFocus considers Liberty Shoes to be Modestly Undervalued.
Key valuation signals for BOM:526596:
Return-on-Tangible-Equity: 9.08% (100% above median its 10-year median of 4.53)
GF Value™: ₹363.50 vs. price of ₹269.00 (26% below fair value)
Industry Position: 105% above the Manufacturing - Apparel & Accessories median (#483 of 1011)
No single metric tells the full story. See the BOM:526596 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Liberty Shoes Ltd is involved in the footwear industry. The company is also engaged in the business of manufacturing and trading footwear and accessories through its retail and wholesale network. The product line of the company consists of Healers, Fortune, Force10, Senorita, Gliders, AHA, Coolers, Prefect, Lear, and Footfun.
71GF Score
Get the complete analysis for BOM:526596
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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