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Sparkle Gold RockBOM:530037 -3.86%15 Return-on-Tangible-Equity is 308.91% as of Mar. 2026, which is 461% above its 10-year median of 55.03. GuruFocus rates BOM:530037 with a GF Score™ of 15/100. The stock has 6 warning signs investors should review. Among 2,385 Metals & Mining companies, Sparkle Gold Rock ranks better than 98.07% 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. Sparkle Gold Rock's annualized net income for the quarter that ended in Mar. 2026 was ₹117 Mil. Sparkle Gold Rock's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹38 Mil. Therefore, Sparkle Gold Rock's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 308.91%.
The historical rank and industry rank for Sparkle Gold Rock's Return-on-Tangible-Equity or its related term are showing as below:
BOM:530037'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.69 Med: 55.03 Max: 181.51
Current: 181.51
During the past 13 years, Sparkle Gold Rock's highest Return-on-Tangible-Equity was 181.51%. The lowest was -19.69%. And the median was 55.03%.
BOM:530037's Return-on-Tangible-Equity is ranked better than 98.07% of 2385
companies
in the Metals & Mining industry
Industry Median: -16.49
vs BOM:530037: 181.51
Sparkle Gold Rock (BOM:530037) 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.
Sparkle Gold Rock Return-on-Tangible-Equity Related Terms
Sparkle Gold Rock Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sparkle Gold Rock'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:530037 vs HL: Return-on-Tangible-Equity Comparison
For the Other Precious Metals & Mining subindustry, Sparkle Gold Rock'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.
Sparkle Gold Rock Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Sparkle Gold Rock's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sparkle Gold Rock'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 308.91% mean?
Sparkle Gold Rock (BOM:530037) has a Return-on-Tangible-Equity of 308.91% 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 Sparkle Gold Rock and its competitors. This is 461% above median its historical median of 55.03. According to the industry distribution chart, Sparkle Gold Rock ranks #46 out of 2385 companies in the Metals & Mining industry, placing it in the top 1.9%.
Is Sparkle Gold Rock's Return-on-Tangible-Equity too high?
Sparkle Gold Rock's current Return-on-Tangible-Equity of 308.91% is 461% above median its 10-year median of 55.03. Based on the distribution chart, Sparkle Gold Rock ranks #46 out of 2385 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Sparkle Gold Rock has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Sparkle Gold Rock's Return-on-Tangible-Equity compare to HL?
According to the Metals & Mining industry distribution chart, Sparkle Gold Rock ranks #46 out of 2385 companies for Return-on-Tangible-Equity. This places Sparkle Gold Rock in the top 2% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. 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 Sparkle Gold Rock and its competitors. Sparkle Gold Rock's current Return-on-Tangible-Equity is 308.91%, which is 461% above median its own 10-year median of 55.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sparkle Gold Rock stock overvalued right now?
Sparkle Gold Rock (BOM:530037) has a current Return-on-Tangible-Equity of 308.91%. The current Return-on-Tangible-Equity is 308.91%, which is 461% above median its 10-year median of 55.03. Sparkle Gold Rock's overall GF Score™ is 15/100 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 Sparkle Gold Rock (BOM:530037), the current Return-on-Tangible-Equity is 308.91% 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.
Sparkle Gold Rock Ltd is involved in the exploration of gold, silver, copper, iron, and coal mining in various locations. The company operates as a wholesaler of gold and silver and is active in jewelry manufacturing. It conducts exploration activities for gold, silver, copper, iron, and coal. Additionally, the company is engaged in the manufacturing, trading, and design of gold, silver, and diamond jewelry, as well as other types of jewelry. The majority of its revenue comes from gold selling and trading activities.
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