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Aryaman Financial ServicesBOM:530245 -0.51%66 Return-on-Tangible-Equity is 11.43% as of Mar. 2026, which is 13% above its 10-year median of 10.12. GuruFocus rates BOM:530245 with a GF Score™ of 66/100 and a GF Value™ of ₹487.53 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 781 Capital Markets companies, Aryaman Financial Services ranks better than 76.06% 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. Aryaman Financial Services's annualized net income for the quarter that ended in Mar. 2026 was ₹183.4 Mil. Aryaman Financial Services's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,604.3 Mil. Therefore, Aryaman Financial Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.43%.
The historical rank and industry rank for Aryaman Financial Services's Return-on-Tangible-Equity or its related term are showing as below:
BOM:530245'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.34 Med: 10.12 Max: 31.31
Current: 20.2
During the past 13 years, Aryaman Financial Services's highest Return-on-Tangible-Equity was 31.31%. The lowest was 2.34%. And the median was 10.12%.
BOM:530245's Return-on-Tangible-Equity is ranked better than 76.06% of 781
companies
in the Capital Markets industry
Industry Median: 6.45
vs BOM:530245: 20.20
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.
Aryaman Financial Services Return-on-Tangible-Equity Related Terms
Aryaman Financial Services Return-on-Tangible-Equity Historical Data
* 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:530245 vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Aryaman Financial Services'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.
Aryaman Financial Services Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Aryaman Financial Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aryaman Financial Services'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 11.43% mean?
Aryaman Financial Services (BOM:530245) has a Return-on-Tangible-Equity of 11.43% 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 Aryaman Financial Services and its competitors. This is 13% above median its historical median of 10.12. Over the past decade, Aryaman Financial Services' Return-on-Tangible-Equity has ranged from 2.34 to 31.31. According to the industry distribution chart, Aryaman Financial Services ranks #187 out of 781 companies in the Capital Markets industry, placing it in the top 23.9%.
Is Aryaman Financial Services' Return-on-Tangible-Equity too high?
Aryaman Financial Services' current Return-on-Tangible-Equity of 11.43% is 13% above median its 10-year median of 10.12. Over the past 10 years, this metric has ranged from a low of 2.34 to a high of 31.31. The Capital Markets industry median Return-on-Tangible-Equity is 6.45. Aryaman Financial Services' value of 11.43% is 77.2% above this industry median. Based on the distribution chart, Aryaman Financial Services ranks #187 out of 781 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Aryaman Financial Services has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aryaman Financial Services' Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Aryaman Financial Services ranks #187 out of 781 companies for Return-on-Tangible-Equity. This places Aryaman Financial Services in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.45. Aryaman Financial Services' value of 11.43% is 77.2% above this benchmark. Historically, Aryaman Financial Services' own Return-on-Tangible-Equity has ranged from 2.34 to 31.31 over the past decade. While the company's 10-year median is 10.12 vs. the industry median of 6.45, Aryaman Financial Services 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.45, based on 781 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. Aryaman Financial Services's current Return-on-Tangible-Equity of 11.43% is 77.2% 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 Aryaman Financial Services and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aryaman Financial Services's current Return-on-Tangible-Equity is 11.43%, which is 13% above median its own 10-year median of 10.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aryaman Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Aryaman Financial Services (BOM:530245) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹487.53, compared to a current price of ₹580.00 — trading 19% above its estimated fair value. The current Return-on-Tangible-Equity is 11.43%, which is 13% above median its 10-year median of 10.12 and 77.2% above the Capital Markets industry median of 6.45. Aryaman Financial Services' overall GF Score™ is 66/100 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 Aryaman Financial Services (BOM:530245), the current Return-on-Tangible-Equity is 11.43% 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 Aryaman Financial Services (BOM:530245) Overvalued in 2026?
Based on GuruFocus' analysis, Aryaman Financial Services stock appears to be overvalued.
The current stock price of ₹580.00 is trading 19% above its estimated GF Value™ of ₹487.53.
GuruFocus considers Aryaman Financial Services to be Modestly Overvalued.
Key valuation signals for BOM:530245:
Return-on-Tangible-Equity: 11.43% (13% above median its 10-year median of 10.12)
GF Value™: ₹487.53 vs. price of ₹580.00 (19% above fair value)
Industry Position: 77.2% above the Capital Markets median (#187 of 781)
No single metric tells the full story. See the BOM:530245 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aryaman Financial Services Ltd is engaged in the merchant banking business. The company is engaged in the business of management and syndication of small and medium-sized initial public offerings, rights issues, composite issues, venture capital funding, and others. The company generates its revenue from Fees & Commission income, Investment and Dividend income, and Sale of stock-in-trade.
66GF Score
Get the complete analysis for BOM:530245
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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