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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. Apex Capital & Finance's annualized net income for the quarter that ended in Mar. 2026 was ₹38.16 Mil. Apex Capital & Finance's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,062.65 Mil. Therefore, Apex Capital & Finance's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.59%.
The historical rank and industry rank for Apex Capital & Finance's Return-on-Tangible-Equity or its related term are showing as below:
BOM:541133'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.96 Med: 2.16 Max: 15.74
Current: 3.87
During the past 13 years, Apex Capital & Finance's highest Return-on-Tangible-Equity was 15.74%. The lowest was 0.96%. And the median was 2.16%.
BOM:541133's Return-on-Tangible-Equity is not ranked
in the Credit Services industry.
Industry Median: 7.06
vs BOM:541133: 3.87
Apex Capital & Finance (BOM:541133) 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.
Apex Capital & Finance Return-on-Tangible-Equity Related Terms
Apex Capital & Finance Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Apex Capital & Finance'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.
Apex Capital & Finance Return-on-Tangible-Equity Chart
BOM:541133 vs : Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, Apex Capital & Finance'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.
Apex Capital & Finance Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Apex Capital & Finance's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Apex Capital & Finance'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 3.59% mean?
Apex Capital & Finance (BOM:541133) has a Return-on-Tangible-Equity of 3.59% 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 Apex Capital & Finance and its competitors. This is 66% above median its historical median of 2.16. Over the past decade, Apex Capital & Finance's Return-on-Tangible-Equity has ranged from 0.96 to 15.74.
Is Apex Capital & Finance's Return-on-Tangible-Equity too high?
Apex Capital & Finance's current Return-on-Tangible-Equity of 3.59% is 66% above median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 15.74. The Credit Services industry median Return-on-Tangible-Equity is 7.06. Apex Capital & Finance's value of 3.59% is 49.2% below this industry median.
How does Apex Capital & Finance's Return-on-Tangible-Equity compare to ?
Apex Capital & Finance's Return-on-Tangible-Equity of 3.59% can be compared against companies in the Credit Services industry. The industry median Return-on-Tangible-Equity is 7.06. Apex Capital & Finance's value of 3.59% is 49.2% below this benchmark. Historically, Apex Capital & Finance's own Return-on-Tangible-Equity has ranged from 0.96 to 15.74 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 7.06, Apex Capital & Finance 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 Credit Services company?
The median Return-on-Tangible-Equity among Credit Services companies is 7.06, based on 527 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. Apex Capital & Finance's current Return-on-Tangible-Equity of 3.59% is 49.2% 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 Apex Capital & Finance and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 7.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Capital & Finance's current Return-on-Tangible-Equity is 3.59%, which is 66% above median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Capital & Finance stock overvalued right now?
Apex Capital & Finance (BOM:541133) has a current Return-on-Tangible-Equity of 3.59%. The stock's GF Value™ is ₹54.11, compared to a current price of ₹45.60 — trading 15.7% below its estimated fair value. The current Return-on-Tangible-Equity is 3.59%, which is 66% above median its 10-year median of 2.16 and 49.2% below the Credit Services industry median of 7.06. 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 Apex Capital & Finance (BOM:541133), the current Return-on-Tangible-Equity is 3.59% 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.
Apex Capital & Finance Ltd is a Non-Deposit Accepting Non-Banking Finance Company. The main business of the Company is lending/advancing of short-term and / long-term finance to any individual, firm, company, bodies corporate, corporation, society, etc., whether at interest or without interest and with or without security. It operates in India, which is considered a single geographical segment. The Company is engaged in a single segment of finance/lending.
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