Mahasagar Travels (BOM:526795) Return-on-Tangible-Equity: 225.29% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:526795 Mahasagar Travels Ltd BOM:526795
58 GF Score
Price ₹4.85
GF Value ₹5.97
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Mahasagar Travels Return-on-Tangible-Equity?

Mahasagar Travels BOM:526795 -4.72% 58 Return-on-Tangible-Equity is 225.29% as of Mar. 2026. GuruFocus rates BOM:526795 with a GF Score™ of 58/100 and a GF Value™ of ₹5.97 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 793 Travel & Leisure companies, Mahasagar Travels ranks better than 89.28% 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. Mahasagar Travels's annualized net income for the quarter that ended in Mar. 2026 was ₹11.0 Mil. Mahasagar Travels's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹4.9 Mil. Therefore, Mahasagar Travels's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 225.29%.

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

BOM:526795' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1469.49   Med: -14.16   Max: 452.51
Current: 452.51

During the past 13 years, Mahasagar Travels's highest Return-on-Tangible-Equity was 452.51%. The lowest was -1,469.49%. And the median was -14.16%.

BOM:526795's Return-on-Tangible-Equity is ranked better than
89.28% of 793 companies
in the Travel & Leisure industry
Industry Median: 7.69 vs BOM:526795: 452.51

Mahasagar Travels  (BOM:526795) 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.


Mahasagar Travels Return-on-Tangible-Equity Related Terms


Mahasagar Travels Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Mahasagar Travels'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.

Mahasagar Travels Return-on-Tangible-Equity Chart

Mahasagar Travels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,469.49 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity 179.08

Mahasagar Travels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Negative Tangible Equity Negative Tangible Equity 0.00 Negative Tangible Equity 225.29

BOM:526795 vs BKNG, ABNB, RCL: Return-on-Tangible-Equity Comparison

For the Travel Services subindustry, Mahasagar Travels'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.


Mahasagar Travels Return-on-Tangible-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mahasagar Travels's Return-on-Tangible-Equity distribution charts can be found below:

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


BOM:526795
58GF Score
Mahasagar Travels Ltd BOM:526795
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahasagar Travels Return-on-Tangible-Equity Calculation

Mahasagar Travels's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=3.973/( (-0.458+4.895 )/ 2 )
=3.973/2.2185
=179.08 %

Mahasagar Travels's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=11.028/( (0+4.895)/ 1 )
=11.028/4.895
=225.29 %

* 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 225.29% mean?
Mahasagar Travels (BOM:526795) has a Return-on-Tangible-Equity of 225.29% 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 Mahasagar Travels and its competitors. According to the industry distribution chart, Mahasagar Travels ranks #85 out of 793 companies in the Travel & Leisure industry, placing it in the top 10.7%.
Is Mahasagar Travels' Return-on-Tangible-Equity too high?
Mahasagar Travels' current Return-on-Tangible-Equity is 225.29%. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.69. Mahasagar Travels' value of 225.29% is 2829.6% above this industry median. Based on the distribution chart, Mahasagar Travels ranks #85 out of 793 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Mahasagar Travels has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mahasagar Travels' Return-on-Tangible-Equity compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Mahasagar Travels ranks #85 out of 793 companies for Return-on-Tangible-Equity. This places Mahasagar Travels in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.69. Mahasagar Travels' value of 225.29% is 2829.6% above this benchmark. 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.69, based on 793 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. Mahasagar Travels's current Return-on-Tangible-Equity of 225.29% is 2829.6% 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 Mahasagar Travels and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahasagar Travels's current Return-on-Tangible-Equity is 225.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahasagar Travels stock overvalued right now?
Based on GuruFocus' analysis, Mahasagar Travels (BOM:526795) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹5.97, compared to a current price of ₹4.85 — trading 18.8% below its estimated fair value. The current Return-on-Tangible-Equity is 225.29% and 2829.6% above the Travel & Leisure industry median of 7.69. Mahasagar Travels' overall GF Score™ is 58/100 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 Mahasagar Travels (BOM:526795), the current Return-on-Tangible-Equity is 225.29% 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 Mahasagar Travels (BOM:526795) Overvalued in 2026?

Based on GuruFocus' analysis, Mahasagar Travels stock appears to be undervalued. The current stock price of ₹4.85 is trading 18.8% below its estimated GF Value™ of ₹5.97. GuruFocus considers Mahasagar Travels to be Modestly Undervalued.

Key valuation signals for BOM:526795:

  • Return-on-Tangible-Equity: 225.29%
  • GF Value™: ₹5.97 vs. price of ₹4.85 (18.8% below fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 2829.6% above the Travel & Leisure median (#85 of 793)

No single metric tells the full story. See the BOM:526795 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mahasagar Travels Business Description

Address Jayshree Talkies Road, Mahasagar House, Kalwa Chowk, Junagadh, GJ, IND, 362001
Mahasagar Travels Ltd is engaged in providing service to the tourists of the state and thereby in the engagement of the service sector industry since the core business of the company is to provide service, the quality, facilities and safety are the prime concern of the management. It is involved in two segments namely Travels and Petroleum. The Travel segment generates maximum revenue for the company.
58GF Score

Get the complete analysis for BOM:526795

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹4.85
Price
₹5.97
GF Value