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Gujarat Hy-SpinBOM:540938 61 Return-on-Tangible-Equity is 3.65% as of Mar. 2026, which is 564% above its 10-year median of 0.55. GuruFocus rates BOM:540938 with a GF Score™ of 61/100 and a GF Value™ of ₹16.72 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Gujarat Hy-Spin ranks worse than 70.95% 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. Gujarat Hy-Spin's annualized net income for the quarter that ended in Mar. 2026 was ₹6.9 Mil. Gujarat Hy-Spin's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹189.8 Mil. Therefore, Gujarat Hy-Spin's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.65%.
The historical rank and industry rank for Gujarat Hy-Spin's Return-on-Tangible-Equity or its related term are showing as below:
BOM:540938'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.82 Med: 0.55 Max: 2.16
Current: 0.23
During the past 13 years, Gujarat Hy-Spin's highest Return-on-Tangible-Equity was 2.16%. The lowest was -2.82%. And the median was 0.55%.
BOM:540938's Return-on-Tangible-Equity is ranked worse than 70.95% of 1019
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.41
vs BOM:540938: 0.23
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.
Gujarat Hy-Spin Return-on-Tangible-Equity Related Terms
Gujarat Hy-Spin Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Gujarat Hy-Spin'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, Gujarat Hy-Spin'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.
Gujarat Hy-Spin Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gujarat Hy-Spin's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Gujarat Hy-Spin'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 3.65% mean?
Gujarat Hy-Spin (BOM:540938) has a Return-on-Tangible-Equity of 3.65% 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 Gujarat Hy-Spin and its competitors. This is 564% above median its historical median of 0.55. According to the industry distribution chart, Gujarat Hy-Spin ranks #723 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 71%.
Is Gujarat Hy-Spin's Return-on-Tangible-Equity too high?
Gujarat Hy-Spin's current Return-on-Tangible-Equity of 3.65% is 564% above median its 10-year median of 0.55. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.41. Gujarat Hy-Spin's value of 3.65% is 17.2% below this industry median. Based on the distribution chart, Gujarat Hy-Spin ranks #723 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Gujarat Hy-Spin has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gujarat Hy-Spin's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gujarat Hy-Spin ranks #723 out of 1019 companies for Return-on-Tangible-Equity. This places Gujarat Hy-Spin in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.41. Gujarat Hy-Spin's value of 3.65% is 17.2% below this benchmark. While the company's 10-year median is 0.55 vs. the industry median of 4.41, Gujarat Hy-Spin 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. Gujarat Hy-Spin's current Return-on-Tangible-Equity of 3.65% is 17.2% 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 Gujarat Hy-Spin 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. Gujarat Hy-Spin's current Return-on-Tangible-Equity is 3.65%, which is 564% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Hy-Spin stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Hy-Spin (BOM:540938) is currently considered Possible Value Trap. The stock's GF Value™ is ₹16.72, compared to a current price of ₹9.23 — trading 44.8% below its estimated fair value. The current Return-on-Tangible-Equity is 3.65%, which is 564% above median its 10-year median of 0.55 and 17.2% below the Manufacturing - Apparel & Accessories industry median of 4.41. Gujarat Hy-Spin's overall GF Score™ is 61/100 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 Gujarat Hy-Spin (BOM:540938), the current Return-on-Tangible-Equity is 3.65% 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 Gujarat Hy-Spin (BOM:540938) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Hy-Spin stock appears to be undervalued.
The current stock price of ₹9.23 is trading 44.8% below its estimated GF Value™ of ₹16.72.
GuruFocus considers Gujarat Hy-Spin to be Possible Value Trap.
Key valuation signals for BOM:540938:
Return-on-Tangible-Equity: 3.65% (564% above median its 10-year median of 0.55)
GF Value™: ₹16.72 vs. price of ₹9.23 (44.8% below fair value)
Industry Position: 17.2% below the Manufacturing - Apparel & Accessories median (#723 of 1019)
No single metric tells the full story. See the BOM:540938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Hy-Spin Ltd operates in the textile industry. Principally, it is engaged in the business of manufacturing cotton yarns as well as trading in cotton and other related items. In addition, it also produces ring yarns. The company sells cotton yarns to dealers who market them to other industrial units for weaving and other purposes. Its products comprise cotton bales, cotton waste, cotton yarn, raw cotton, wash oil, cotton seeds, and others. The company is engaged mainly in the manufacturing of Combed Cotton Yarn. The company generates maximum revenue through the sale of its cotton yarn product.
61GF Score
Get the complete analysis for BOM:540938
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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