Adhata Global (BOM:531286) Return-on-Tangible-Equity: -127.12% (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:531286 Adhata Global Ltd BOM:531286
5 GF Score
Price ₹23.10
! 6 Warning Signs
View Full Analysis

What is Adhata Global Return-on-Tangible-Equity?

Adhata Global BOM:531286 5 Return-on-Tangible-Equity is -127.12% as of Mar. 2026. GuruFocus rates BOM:531286 with a GF Score™ of 5/100. The stock has 6 warning signs investors should review. Among 279 Forest Products companies, Adhata Global ranks worse than 93.91% 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. Adhata Global's annualized net income for the quarter that ended in Mar. 2026 was ₹-30.07 Mil. Adhata Global's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹23.66 Mil. Therefore, Adhata Global's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -127.12%.

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

BOM:531286' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -88.21   Med: -7.95   Max: 89.45
Current: -68.96

During the past 12 years, Adhata Global's highest Return-on-Tangible-Equity was 89.45%. The lowest was -88.21%. And the median was -7.95%.

BOM:531286's Return-on-Tangible-Equity is ranked worse than
93.91% of 279 companies
in the Forest Products industry
Industry Median: 2.2 vs BOM:531286: -68.96

Adhata Global  (BOM:531286) 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.


Adhata Global Return-on-Tangible-Equity Related Terms


Adhata Global Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Adhata Global'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.

Adhata Global Return-on-Tangible-Equity Chart

Adhata Global 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 -12.34 -88.21 -40.97 -8.95 -80.07

Adhata Global 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 14.69 -41.16 -61.07 -30.92 -127.12

BOM:531286 vs SSD, UFPI, BCC: Return-on-Tangible-Equity Comparison

For the Lumber & Wood Production subindustry, Adhata Global'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.


Adhata Global Return-on-Tangible-Equity vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Adhata Global's Return-on-Tangible-Equity distribution charts can be found below:

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


BOM:531286
5GF Score
Adhata Global Ltd BOM:531286
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adhata Global Return-on-Tangible-Equity Calculation

Adhata Global'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 )
=-16.043/( (16.414+23.656 )/ 2 )
=-16.043/20.035
=-80.07 %

Adhata Global'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 )
=-30.072/( (0+23.656)/ 1 )
=-30.072/23.656
=-127.12 %

* 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 -127.12% mean?
Adhata Global (BOM:531286) has a Return-on-Tangible-Equity of -127.12% 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 Adhata Global and its competitors. According to the industry distribution chart, Adhata Global ranks #262 out of 279 companies in the Forest Products industry, placing it in the top 93.9%.
Is Adhata Global's Return-on-Tangible-Equity too high?
Adhata Global's current Return-on-Tangible-Equity is -127.12%. Based on the distribution chart, Adhata Global ranks #262 out of 279 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Adhata Global has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Adhata Global's Return-on-Tangible-Equity compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Adhata Global ranks #262 out of 279 companies for Return-on-Tangible-Equity. This places Adhata Global in the lower half of its industry. The industry median Return-on-Tangible-Equity is 2.20. 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.20, based on 279 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. 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 Adhata Global and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adhata Global's current Return-on-Tangible-Equity is -127.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adhata Global stock overvalued right now?
Adhata Global (BOM:531286) has a current Return-on-Tangible-Equity of -127.12%. The current Return-on-Tangible-Equity is -127.12%. Adhata Global's overall GF Score™ is 5/100 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 Adhata Global (BOM:531286), the current Return-on-Tangible-Equity is -127.12% 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.

Adhata Global Business Description

Address 32 Chowringhee Road, Om Tower, 8th Floor, Room no 805, Kolkata, WB, IND, 700071
Adhata Global Ltd is an India-based company involved in the trading of timber. It also conducts wholesale activities for fabrics, yarn, timber, and textiles. The company is engaged in the business as manufacturers, traders, exporters, importers, dealers of laminates of all sizes and descriptions, veneers, pre-laminated board, decorative laminates, decorative laminated sheets, high pressure laminates, post forming laminates, decorative veneers, ready to install doors, door sets, fire rated doors, Veneered engineered flooring.
5GF Score

Get the complete analysis for BOM:531286

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

₹23.10
Price