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Bindal ExportsBOM:540148 65 Return-on-Tangible-Equity is 0.84% as of Mar. 2026, which is 64% below its 10-year median of 2.31. GuruFocus rates BOM:540148 with a GF Score™ of 65/100 and a GF Value™ of ₹20.44 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Bindal Exports ranks worse than 56.43% 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. Bindal Exports's annualized net income for the quarter that ended in Mar. 2026 was ₹0.8 Mil. Bindal Exports's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹92.1 Mil. Therefore, Bindal Exports's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.84%.
The historical rank and industry rank for Bindal Exports's Return-on-Tangible-Equity or its related term are showing as below:
BOM:540148'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.44 Med: 2.31 Max: 4.45
Current: 3.08
During the past 13 years, Bindal Exports's highest Return-on-Tangible-Equity was 4.45%. The lowest was -10.44%. And the median was 2.31%.
BOM:540148's Return-on-Tangible-Equity is ranked worse than 56.43% of 1019
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.41
vs BOM:540148: 3.08
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.
Bindal Exports Return-on-Tangible-Equity Related Terms
Bindal Exports Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bindal Exports'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.
For the Textile Manufacturing subindustry, Bindal Exports'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.
Bindal Exports Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bindal Exports's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bindal Exports'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 two times the semi-annual (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 0.84% mean?
Bindal Exports (BOM:540148) has a Return-on-Tangible-Equity of 0.84% 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 Bindal Exports and its competitors. This is 64% below median its historical median of 2.31. According to the industry distribution chart, Bindal Exports ranks #575 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 56.4%.
Is Bindal Exports' Return-on-Tangible-Equity too high?
Bindal Exports' current Return-on-Tangible-Equity of 0.84% is 64% below median its 10-year median of 2.31. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.41. Bindal Exports' value of 0.84% is 81% below this industry median. Based on the distribution chart, Bindal Exports ranks #575 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Bindal Exports has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bindal Exports' Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bindal Exports ranks #575 out of 1019 companies for Return-on-Tangible-Equity. This places Bindal Exports in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.41. Bindal Exports' value of 0.84% is 81% below this benchmark. While the company's 10-year median is 2.31 vs. the industry median of 4.41, Bindal Exports has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.41, based on 1,019 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. Bindal Exports's current Return-on-Tangible-Equity of 0.84% is 81% below 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 Bindal Exports and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bindal Exports's current Return-on-Tangible-Equity is 0.84%, which is 64% below median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bindal Exports stock overvalued right now?
Based on GuruFocus' analysis, Bindal Exports (BOM:540148) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹20.44, compared to a current price of ₹27.80 — trading 36% above its estimated fair value. The current Return-on-Tangible-Equity is 0.84%, which is 64% below median its 10-year median of 2.31 and 81% below the Manufacturing - Apparel & Accessories industry median of 4.41. Bindal Exports' overall GF Score™ is 65/100 with 7 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 Bindal Exports (BOM:540148), the current Return-on-Tangible-Equity is 0.84% 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 Bindal Exports (BOM:540148) Overvalued in 2026?
Based on GuruFocus' analysis, Bindal Exports stock appears to be overvalued.
The current stock price of ₹27.80 is trading 36% above its estimated GF Value™ of ₹20.44.
GuruFocus considers Bindal Exports to be Significantly Overvalued.
Key valuation signals for BOM:540148:
Return-on-Tangible-Equity: 0.84% (64% below median its 10-year median of 2.31)
GF Value™: ₹20.44 vs. price of ₹27.80 (36% above fair value)
Industry Position: 81% below the Manufacturing - Apparel & Accessories median (#575 of 1019)
No single metric tells the full story. See the BOM:540148 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bindal Exports Ltd is involved in the manufacturing and export of textiles, garments, and made-ups. The company specializes in diverse international styles, varied colors, and specialty finishes, which are tailor-made to customers' requirements. Its fabric portfolio comprises different blends of polyester, rayon, cotton, satin, chiffon, knitted fabric, viscose, etc., which are supplied in domestic and international markets. It derives the majority of its revenue from Fabrics and Fants.
65GF Score
Get the complete analysis for BOM:540148
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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