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Swarna SecuritiesBOM:531003 +2.41%28 Return-on-Tangible-Equity is 9.17% as of Jun. 2026, which is 32% below its 10-year median of 13.43. GuruFocus rates BOM:531003 with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 479 Diversified Financial Services companies, Swarna Securities ranks better than 88.52% 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. Swarna Securities's annualized net income for the quarter that ended in Jun. 2026 was ₹6.59 Mil. Swarna Securities's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹71.87 Mil. Therefore, Swarna Securities's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 9.17%.
The historical rank and industry rank for Swarna Securities's Return-on-Tangible-Equity or its related term are showing as below:
BOM:531003'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.67 Med: 13.43 Max: 21.18
Current: 9.95
During the past 13 years, Swarna Securities's highest Return-on-Tangible-Equity was 21.18%. The lowest was -17.67%. And the median was 13.43%.
BOM:531003's Return-on-Tangible-Equity is ranked better than 88.52% of 479
companies
in the Diversified Financial Services industry
Industry Median: 1.64
vs BOM:531003: 9.95
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.
Swarna Securities Return-on-Tangible-Equity Related Terms
Swarna Securities Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Swarna Securities'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:531003 vs XXI, CCXI, DMII: Return-on-Tangible-Equity Comparison
For the Shell Companies subindustry, Swarna Securities'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.
Swarna Securities Return-on-Tangible-Equity vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Swarna Securities's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Swarna Securities'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 9.17% mean?
Swarna Securities (BOM:531003) has a Return-on-Tangible-Equity of 9.17% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Swarna Securities and its competitors. This is 32% below median its historical median of 13.43. According to the industry distribution chart, Swarna Securities ranks #55 out of 479 companies in the Diversified Financial Services industry, placing it in the top 11.5%.
Is Swarna Securities' Return-on-Tangible-Equity too high?
Swarna Securities' current Return-on-Tangible-Equity of 9.17% is 32% below median its 10-year median of 13.43. The Diversified Financial Services industry median Return-on-Tangible-Equity is 1.64. Swarna Securities' value of 9.17% is 459.1% above this industry median. Based on the distribution chart, Swarna Securities ranks #55 out of 479 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Swarna Securities has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Swarna Securities' Return-on-Tangible-Equity compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, Swarna Securities ranks #55 out of 479 companies for Return-on-Tangible-Equity. This places Swarna Securities in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 1.64. Swarna Securities' value of 9.17% is 459.1% above this benchmark. While the company's 10-year median is 13.43 vs. the industry median of 1.64, Swarna Securities 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 Diversified Financial Services company?
The median Return-on-Tangible-Equity among Diversified Financial Services companies is 1.64, based on 479 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. Swarna Securities's current Return-on-Tangible-Equity of 9.17% is 459.1% 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 Swarna Securities and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Equity is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swarna Securities's current Return-on-Tangible-Equity is 9.17%, which is 32% below median its own 10-year median of 13.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swarna Securities stock overvalued right now?
Swarna Securities (BOM:531003) has a current Return-on-Tangible-Equity of 9.17%. The current Return-on-Tangible-Equity is 9.17%, which is 32% below median its 10-year median of 13.43 and 459.1% above the Diversified Financial Services industry median of 1.64. Swarna Securities' overall GF Score™ is 28/100 with 1 warning sign 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 Swarna Securities (BOM:531003), the current Return-on-Tangible-Equity is 9.17% as of Jun. 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.
Swarna Securities Ltd is engaged in the finance business in India. The Company has only been collecting the outstanding dues from its borrowers. Therefore, there is no business in the Company, has some non-operating income in the form of rent/lease and dividend.
28GF Score
Get the complete analysis for BOM:531003
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