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Hazoor Multi ProjectsBOM:532467 +0.34%77 Return-on-Tangible-Equity is 20.88% as of Mar. 2026, which is 301% above its 10-year median of 5.21. GuruFocus rates BOM:532467 with a GF Score™ of 77/100 and a GF Value™ of ₹22.94 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,715 Real Estate companies, Hazoor Multi Projects ranks better than 69.1% 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. Hazoor Multi Projects's annualized net income for the quarter that ended in Mar. 2026 was ₹1,295 Mil. Hazoor Multi Projects's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹6,201 Mil. Therefore, Hazoor Multi Projects's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.88%.
The historical rank and industry rank for Hazoor Multi Projects's Return-on-Tangible-Equity or its related term are showing as below:
BOM:532467'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.5 Med: 5.21 Max: 85.9
Current: 8.92
During the past 13 years, Hazoor Multi Projects's highest Return-on-Tangible-Equity was 85.90%. The lowest was -0.50%. And the median was 5.21%.
BOM:532467's Return-on-Tangible-Equity is ranked better than 69.1% of 1715
companies
in the Real Estate industry
Industry Median: 4.27
vs BOM:532467: 8.92
Hazoor Multi Projects (BOM:532467) 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.
Hazoor Multi Projects Return-on-Tangible-Equity Related Terms
Hazoor Multi Projects Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hazoor Multi Projects'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.
Hazoor Multi Projects Return-on-Tangible-Equity Chart
Hazoor Multi Projects Return-on-Tangible-Equity Competitor Comparison
For the Real Estate - Development subindustry, Hazoor Multi Projects'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.
Hazoor Multi Projects Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Hazoor Multi Projects's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hazoor Multi Projects'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 20.88% mean?
Hazoor Multi Projects (BOM:532467) has a Return-on-Tangible-Equity of 20.88% 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 Hazoor Multi Projects and its competitors. This is 301% above median its historical median of 5.21. According to the industry distribution chart, Hazoor Multi Projects ranks #530 out of 1715 companies in the Real Estate industry, placing it in the top 30.9%.
Is Hazoor Multi Projects' Return-on-Tangible-Equity too high?
Hazoor Multi Projects' current Return-on-Tangible-Equity of 20.88% is 301% above median its 10-year median of 5.21. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Hazoor Multi Projects' value of 20.88% is 389% above this industry median. Based on the distribution chart, Hazoor Multi Projects ranks #530 out of 1715 companies in the Real Estate industry, which is above the industry midpoint. Overall, Hazoor Multi Projects has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hazoor Multi Projects' Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Hazoor Multi Projects ranks #530 out of 1715 companies for Return-on-Tangible-Equity. This puts Hazoor Multi Projects in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.27. Hazoor Multi Projects' value of 20.88% is 389% above this benchmark. While the company's 10-year median is 5.21 vs. the industry median of 4.27, Hazoor Multi Projects 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,715 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. Hazoor Multi Projects's current Return-on-Tangible-Equity of 20.88% is 389% 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 Hazoor Multi Projects and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hazoor Multi Projects's current Return-on-Tangible-Equity is 20.88%, which is 301% above median its own 10-year median of 5.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hazoor Multi Projects stock overvalued right now?
Based on GuruFocus' analysis, Hazoor Multi Projects (BOM:532467) is currently considered Fairly Valued. The stock's GF Value™ is ₹22.94, compared to a current price of ₹23.71 — trading 3.4% above its estimated fair value. The current Return-on-Tangible-Equity is 20.88%, which is 301% above median its 10-year median of 5.21 and 389% above the Real Estate industry median of 4.27. Hazoor Multi Projects' overall GF Score™ is 77/100 with 5 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 Hazoor Multi Projects (BOM:532467), the current Return-on-Tangible-Equity is 20.88% 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 Hazoor Multi Projects (BOM:532467) Overvalued in 2026?
Based on GuruFocus' analysis, Hazoor Multi Projects stock appears to be overvalued.
The current stock price of ₹23.71 is trading 3.4% above its estimated GF Value™ of ₹22.94.
GuruFocus considers Hazoor Multi Projects to be Fairly Valued.
Key valuation signals for BOM:532467:
Return-on-Tangible-Equity: 20.88% (301% above median its 10-year median of 5.21)
GF Value™: ₹22.94 vs. price of ₹23.71 (3.4% above fair value)
Industry Position: 389% above the Real Estate median (#530 of 1715)
No single metric tells the full story. See the BOM:532467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hazoor Multi Projects Ltd is an India-based EPC contracting company specializing in infrastructure development and real estate. The company focuses on large-scale civil projects, including roads, hotels, dams, bridges, and other engineering works, operating mainly within India. The company executes projects under EPC and Hybrid Annuity Mode (HAM) models for government and private sector clients. The company has earned a reputation for quality, reliability, and safety through strategic partnerships with clients such as the Maharashtra State Road Development Corporation and the National Highways Authority of India.
77GF Score
Get the complete analysis for BOM:532467
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