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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. Future Market Networks's annualized net income for the quarter that ended in Mar. 2026 was ₹69.5 Mil. Future Market Networks's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹980.2 Mil. Therefore, Future Market Networks's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.09%.
The historical rank and industry rank for Future Market Networks's Return-on-Tangible-Equity or its related term are showing as below:
BOM:533296'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -67.07 Med: -11.9 Max: 144.6
Current: 8.57
During the past 13 years, Future Market Networks's highest Return-on-Tangible-Equity was 144.60%. The lowest was -67.07%. And the median was -11.90%.
BOM:533296's Return-on-Tangible-Equity is ranked better than 67.76% of 1715
companies
in the Real Estate industry
Industry Median: 4.26
vs BOM:533296: 8.57
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.
Future Market Networks Return-on-Tangible-Equity Related Terms
Future Market Networks Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Future Market Networks'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:533296 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Future Market Networks'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.
Future Market Networks Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Future Market Networks's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Future Market Networks'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 7.09% mean?
Future Market Networks (BOM:533296) has a Return-on-Tangible-Equity of 7.09% 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 Future Market Networks and its competitors. According to the industry distribution chart, Future Market Networks ranks #553 out of 1715 companies in the Real Estate industry, placing it in the top 32.2%.
Is Future Market Networks' Return-on-Tangible-Equity too high?
Future Market Networks' current Return-on-Tangible-Equity is 7.09%. The Real Estate industry median Return-on-Tangible-Equity is 4.26. Future Market Networks' value of 7.09% is 66.4% above this industry median. Based on the distribution chart, Future Market Networks ranks #553 out of 1715 companies in the Real Estate industry, which is above the industry midpoint. Overall, Future Market Networks has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Future Market Networks' Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Future Market Networks ranks #553 out of 1715 companies for Return-on-Tangible-Equity. This puts Future Market Networks in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.26. Future Market Networks' value of 7.09% is 66.4% above this benchmark. 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 4.26, 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. Future Market Networks's current Return-on-Tangible-Equity of 7.09% is 66.4% 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 Future Market Networks and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future Market Networks's current Return-on-Tangible-Equity is 7.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Market Networks stock overvalued right now?
Based on GuruFocus' analysis, Future Market Networks (BOM:533296) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹8.04, compared to a current price of ₹9.48 — trading 17.9% above its estimated fair value. The current Return-on-Tangible-Equity is 7.09% and 66.4% above the Real Estate industry median of 4.26. Future Market Networks' overall GF Score™ is 62/100 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 Future Market Networks (BOM:533296), the current Return-on-Tangible-Equity is 7.09% 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 Future Market Networks (BOM:533296) Overvalued in 2026?
Based on GuruFocus' analysis, Future Market Networks stock appears to be overvalued.
The current stock price of ₹9.48 is trading 17.9% above its estimated GF Value™ of ₹8.04.
GuruFocus considers Future Market Networks to be Modestly Overvalued.
Key valuation signals for BOM:533296:
Return-on-Tangible-Equity: 7.09%
GF Value™: ₹8.04 vs. price of ₹9.48 (17.9% above fair value)
Industry Position: 66.4% above the Real Estate median (#553 of 1715)
No single metric tells the full story. See the BOM:533296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Future Market Networks Ltd is engaged in the business of building capacity and enabling the infrastructure for future markets. The company operates in one business segment, which is Mall Management. The company has various businesses that are the Retail market, which manages and operates the shopping infrastructure; the Trade market, which provides a marketplace for buyers and sellers; and the Infra logistic market, which creates a logistics market. The company also focuses on project management consultancy. Rental income generates maximum revenue for the company.
62GF Score
Get the complete analysis for BOM:533296
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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