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Bright Brothers (BOM:526731) Return-on-Tangible-Equity : 9.67% (As of Mar. 2025)


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What is Bright Brothers Return-on-Tangible-Equity?

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. Bright Brothers's annualized net income for the quarter that ended in Mar. 2025 was ₹74 Mil. Bright Brothers's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹761 Mil. Therefore, Bright Brothers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 9.67%.

The historical rank and industry rank for Bright Brothers's Return-on-Tangible-Equity or its related term are showing as below:

BOM:526731' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.6   Med: 3.72   Max: 49.56
Current: 11.77

During the past 13 years, Bright Brothers's highest Return-on-Tangible-Equity was 49.56%. The lowest was -11.60%. And the median was 3.72%.

BOM:526731's Return-on-Tangible-Equity is ranked better than
75.13% of 1532 companies
in the Chemicals industry
Industry Median: 5.405 vs BOM:526731: 11.77

Bright Brothers Return-on-Tangible-Equity Historical Data

The historical data trend for Bright Brothers'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.

* Premium members only.

Bright Brothers Return-on-Tangible-Equity Chart

Bright Brothers Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.19 49.56 -4.98 -6.80 11.82

Bright Brothers Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.30 14.62 17.80 5.20 9.67

Competitive Comparison of Bright Brothers's Return-on-Tangible-Equity

For the Specialty Chemicals subindustry, Bright Brothers'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.


Bright Brothers's Return-on-Tangible-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bright Brothers's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bright Brothers's Return-on-Tangible-Equity falls into.


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Bright Brothers Return-on-Tangible-Equity Calculation

Bright Brothers's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=84.933/( (676.477+760.709 )/ 2 )
=84.933/718.593
=11.82 %

Bright Brothers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=73.54/( (0+760.709)/ 1 )
=73.54/760.709
=9.67 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bright Brothers  (BOM:526731) 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.


Bright Brothers Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Bright Brothers's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Bright Brothers Business Description

Traded in Other Exchanges
N/A
Address
B-54, Road No. 33, Gyaneshwar Nagar, Wagle Industrial Estate, Thane West, Mumbai, MH, IND, 400 604
Bright Brothers Ltd is engaged in the manufacturing and distribution of consumer durable and plastic household containers used for various residential and commercial purposes. Its products and services include Crates, Bins and Containers; Hair Care Products; Tooth Brush Handles; Tool and Die making; Painting; Automotive Parts and Systems, and Pallets. The company derives its revenue from the Sale of Plastic Components, Hair Care and Beauty Products, and the Sale of Moulds. The company generates all of its revenue from India.

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