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Smartlink HoldingsBOM:532419 -0.31%75 Return-on-Tangible-Equity is 10.69% as of Jun. 2026, which is 197% above its 10-year median of 3.60. GuruFocus rates BOM:532419 with a GF Score™ of 75/100 and a GF Value™ of ₹277.51 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,382 Hardware companies, Smartlink Holdings ranks better than 60.62% 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. Smartlink Holdings's annualized net income for the quarter that ended in Jun. 2026 was ₹224 Mil. Smartlink Holdings's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹2,098 Mil. Therefore, Smartlink Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 10.69%.
The historical rank and industry rank for Smartlink Holdings's Return-on-Tangible-Equity or its related term are showing as below:
BOM:532419'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.4 Med: 3.6 Max: 11.04
Current: 8.2
During the past 13 years, Smartlink Holdings's highest Return-on-Tangible-Equity was 11.04%. The lowest was -6.40%. And the median was 3.60%.
BOM:532419's Return-on-Tangible-Equity is ranked better than 60.62% of 2382
companies
in the Hardware industry
Industry Median: 5.37
vs BOM:532419: 8.20
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.
Smartlink Holdings Return-on-Tangible-Equity Related Terms
Smartlink Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Smartlink Holdings'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:532419 vs CSCO, MSI, HPE: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Smartlink Holdings'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.
Smartlink Holdings Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Smartlink Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Smartlink Holdings'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 10.69% mean?
Smartlink Holdings (BOM:532419) has a Return-on-Tangible-Equity of 10.69% 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 Smartlink Holdings and its competitors. This is 197% above median its historical median of 3.60. According to the industry distribution chart, Smartlink Holdings ranks #938 out of 2382 companies in the Hardware industry, placing it in the top 39.4%.
Is Smartlink Holdings' Return-on-Tangible-Equity too high?
Smartlink Holdings' current Return-on-Tangible-Equity of 10.69% is 197% above median its 10-year median of 3.60. The Hardware industry median Return-on-Tangible-Equity is 5.37. Smartlink Holdings' value of 10.69% is 99.1% above this industry median. Based on the distribution chart, Smartlink Holdings ranks #938 out of 2382 companies in the Hardware industry, which is above the industry midpoint. Overall, Smartlink Holdings has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smartlink Holdings' Return-on-Tangible-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, Smartlink Holdings ranks #938 out of 2382 companies for Return-on-Tangible-Equity. This puts Smartlink Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.37. Smartlink Holdings' value of 10.69% is 99.1% above this benchmark. While the company's 10-year median is 3.60 vs. the industry median of 5.37, Smartlink Holdings 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 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. Smartlink Holdings's current Return-on-Tangible-Equity of 10.69% is 99.1% 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 Smartlink Holdings 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. Smartlink Holdings's current Return-on-Tangible-Equity is 10.69%, which is 197% above median its own 10-year median of 3.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartlink Holdings stock overvalued right now?
Based on GuruFocus' analysis, Smartlink Holdings (BOM:532419) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹277.51, compared to a current price of ₹226.20 — trading 18.5% below its estimated fair value. The current Return-on-Tangible-Equity is 10.69%, which is 197% above median its 10-year median of 3.60 and 99.1% above the Hardware industry median of 5.37. Smartlink Holdings' overall GF Score™ is 75/100 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 Smartlink Holdings (BOM:532419), the current Return-on-Tangible-Equity is 10.69% 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.
Is Smartlink Holdings (BOM:532419) Overvalued in 2026?
Based on GuruFocus' analysis, Smartlink Holdings stock appears to be undervalued.
The current stock price of ₹226.20 is trading 18.5% below its estimated GF Value™ of ₹277.51.
GuruFocus considers Smartlink Holdings to be Modestly Undervalued.
Key valuation signals for BOM:532419:
Return-on-Tangible-Equity: 10.69% (197% above median its 10-year median of 3.60)
GF Value™: ₹277.51 vs. price of ₹226.20 (18.5% below fair value)
Industry Position: 99.1% above the Hardware median (#938 of 2382)
No single metric tells the full story. See the BOM:532419 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smartlink Holdings Ltd is a holding company. The company and its subsidiaries are engaged in the marketing of networking products, manufacturing of structured cabling products, and electronics manufacturing. The Company's business activities are mainly related to Investments and Real Estate, which are assessed as a single reportable operating segment. The Company has two business segments which is Investment Earning income through dividends, interest, rentals and gains on Investment in securities and property. Networking is Developing, manufacturing, marketing, distributing, and servicing of networking products. The company generates maximum revenue from the Networking products segment. Geographically, it derives a majority of its revenue from India.
75GF Score
Get the complete analysis for BOM:532419
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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