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JMJ Fintech (BOM:538834) Return-on-Tangible-Equity : 11.95% (As of Mar. 2025)


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What is JMJ Fintech Return-on-Tangible-Equity?

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. JMJ Fintech's annualized net income for the quarter that ended in Mar. 2025 was ₹26.5 Mil. JMJ Fintech's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹221.4 Mil. Therefore, JMJ Fintech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 11.95%.

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

BOM:538834' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.38   Med: 0.31   Max: 26.96
Current: 26.96

During the past 12 years, JMJ Fintech's highest Return-on-Tangible-Equity was 26.96%. The lowest was -5.38%. And the median was 0.31%.

BOM:538834's Return-on-Tangible-Equity is ranked better than
90.52% of 517 companies
in the Credit Services industry
Industry Median: 6.3 vs BOM:538834: 26.96

JMJ Fintech Return-on-Tangible-Equity Historical Data

The historical data trend for JMJ Fintech'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.

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JMJ Fintech Return-on-Tangible-Equity Chart

JMJ Fintech Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.23 0.42 6.86 15.25 26.62

JMJ Fintech Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 12.48 44.59 36.94 20.44 11.95

Competitive Comparison of JMJ Fintech's Return-on-Tangible-Equity

For the Credit Services subindustry, JMJ Fintech'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.


JMJ Fintech's Return-on-Tangible-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, JMJ Fintech's Return-on-Tangible-Equity distribution charts can be found below:

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


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JMJ Fintech Return-on-Tangible-Equity Calculation

JMJ Fintech's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=51.691/( (154.378+233.969 )/ 2 )
=51.691/194.1735
=26.62 %

JMJ Fintech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=26.46/( (208.75+233.969)/ 2 )
=26.46/221.3595
=11.95 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


JMJ Fintech  (BOM:538834) 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.


JMJ Fintech Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of JMJ Fintech's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


JMJ Fintech Business Description

Traded in Other Exchanges
N/A
Address
Gopalsamy Temple Street, Shop No 3, 1st Floor, Adhi Vinayaka Complex, No 3 Bus stand, Coimbatore, TN, IND, 641006
JMJ Fintech Ltd is an Indian non-banking finance company. The company is engaged in non-banking financial activities and investment/trading in shares and securities. It also lends money, provides loans to both corporate clients and high net worth individuals. The business also finances the small and medium-sized enterprise (SME) sector for growth. It acts as a consultant to the organizations for raising funds, including capital either through an initial public offering or private equity/venture funds. It serves as a management consultant relating to the merger, amalgamation, acquisitions and valuation.

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