Last Mile Enterprises (BOM:526961) Return-on-Tangible-Equity: 3.32% (As of Mar. 2026) — 85% Below Median

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BOM:526961 Last Mile Enterprises Ltd BOM:526961
53 GF Score
Price ₹5.67
GF Value ₹259.36
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Last Mile Enterprises Return-on-Tangible-Equity?

Last Mile Enterprises BOM:526961 +1.25% 53 Return-on-Tangible-Equity is 3.32% as of Mar. 2026, which is 85% below its 10-year median of 22.12. GuruFocus rates BOM:526961 with a GF Score™ of 53/100 and a GF Value™ of ₹259.36 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,382 Hardware companies, Last Mile Enterprises ranks worse than 58.27% 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. Last Mile Enterprises's annualized net income for the quarter that ended in Mar. 2026 was ₹129 Mil. Last Mile Enterprises's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹3,882 Mil. Therefore, Last Mile Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.32%.

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

BOM:526961' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.28   Med: 22.12   Max: 187.3
Current: 3.28

During the past 8 years, Last Mile Enterprises's highest Return-on-Tangible-Equity was 187.30%. The lowest was 3.28%. And the median was 22.12%.

BOM:526961's Return-on-Tangible-Equity is ranked worse than
58.27% of 2382 companies
in the Hardware industry
Industry Median: 5.365 vs BOM:526961: 3.28

Last Mile Enterprises  (BOM:526961) 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.


Last Mile Enterprises Return-on-Tangible-Equity Related Terms


Last Mile Enterprises Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Last Mile 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.

Last Mile Enterprises Return-on-Tangible-Equity Chart

Last Mile Enterprises Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial 36.57 49.49 4.54 7.66 4.11

Last Mile Enterprises 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 5.98 4.96 2.62 2.27 3.32

BOM:526961 vs AAPL: Return-on-Tangible-Equity Comparison

For the Consumer Electronics subindustry, Last Mile 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.


Last Mile Enterprises Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Last Mile Enterprises's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Last Mile Enterprises's Return-on-Tangible-Equity falls into.


BOM:526961
53GF Score
Last Mile Enterprises Ltd BOM:526961
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Last Mile Enterprises Return-on-Tangible-Equity Calculation

Last Mile Enterprises'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 )
=157.049/( (3759.071+3882.058 )/ 2 )
=157.049/3820.5645
=4.11 %

Last Mile Enterprises'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 )
=128.84/( (0+3882.058)/ 1 )
=128.84/3882.058
=3.32 %

* 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 3.32% mean?
Last Mile Enterprises (BOM:526961) has a Return-on-Tangible-Equity of 3.32% 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 Last Mile Enterprises and its competitors. This is 85% below median its historical median of 22.12. Over the past decade, Last Mile Enterprises' Return-on-Tangible-Equity has ranged from 3.28 to 187.30. According to the industry distribution chart, Last Mile Enterprises ranks #1388 out of 2382 companies in the Hardware industry, placing it in the top 58.3%.
Is Last Mile Enterprises' Return-on-Tangible-Equity too high?
Last Mile Enterprises' current Return-on-Tangible-Equity of 3.32% is 85% below median its 10-year median of 22.12. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 187.30. The Hardware industry median Return-on-Tangible-Equity is 5.37. Last Mile Enterprises' value of 3.32% is 38.1% below this industry median. Based on the distribution chart, Last Mile Enterprises ranks #1388 out of 2382 companies in the Hardware industry, which is below the industry midpoint. Overall, Last Mile Enterprises has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Last Mile Enterprises' Return-on-Tangible-Equity compare to AAPL?
According to the Hardware industry distribution chart, Last Mile Enterprises ranks #1388 out of 2382 companies for Return-on-Tangible-Equity. This places Last Mile Enterprises in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.37. Last Mile Enterprises' value of 3.32% is 38.1% below this benchmark. Historically, Last Mile Enterprises' own Return-on-Tangible-Equity has ranged from 3.28 to 187.30 over the past decade. While the company's 10-year median is 22.12 vs. the industry median of 5.37, Last Mile Enterprises has consistently been below 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.37, based on 2,382 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. Last Mile Enterprises's current Return-on-Tangible-Equity of 3.32% is 38.1% below 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 Last Mile Enterprises and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Last Mile Enterprises's current Return-on-Tangible-Equity is 3.32%, which is 85% below median its own 10-year median of 22.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Last Mile Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Last Mile Enterprises (BOM:526961) is currently considered Possible Value Trap. The stock's GF Value™ is ₹259.36, compared to a current price of ₹5.67 — trading 97.8% below its estimated fair value. The current Return-on-Tangible-Equity is 3.32%, which is 85% below median its 10-year median of 22.12 and 38.1% below the Hardware industry median of 5.37. Last Mile Enterprises' overall GF Score™ is 53/100 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 Last Mile Enterprises (BOM:526961), the current Return-on-Tangible-Equity is 3.32% 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 Last Mile Enterprises (BOM:526961) Overvalued in 2026?

Based on GuruFocus' analysis, Last Mile Enterprises stock appears to be undervalued. The current stock price of ₹5.67 is trading 97.8% below its estimated GF Value™ of ₹259.36. GuruFocus considers Last Mile Enterprises to be Possible Value Trap.

Key valuation signals for BOM:526961:

  • Return-on-Tangible-Equity: 3.32% (85% below median its 10-year median of 22.12)
  • GF Value™: ₹259.36 vs. price of ₹5.67 (97.8% below fair value)
  • GF Score™: 53/100 with 2 warning signs
  • Industry Position: 38.1% below the Hardware median (#1388 of 2382)

No single metric tells the full story. See the BOM:526961 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Last Mile Enterprises Business Description

Address Vaghela Avenue, 4th Floor, Near Havmore Restaurant, Navrangpura, Ahmedabad, GJ, IND, 380009
Last Mile Enterprises Ltd is an Indian company engaged in the business of real estate and related business and services. Along with its subsidiaries, the company operates in two reporting segments, viz. Real Estates and Other Related Services; and Business of Mobile Accessories, Gadgets and Other Related Items. The majority of its revenue is generated from the Mobile Accessories, Gadgets and Other Related Items business.
53GF Score

Get the complete analysis for BOM:526961

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

₹5.67
Price
₹259.36
GF Value