Nazara Technologies (BOM:543280) Return-on-Tangible-Equity: 8.76% (As of Mar. 2026) — 53% Above Median

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BOM:543280 Nazara Technologies Ltd BOM:543280
85 GF Score
Price ₹339.25
GF Value ₹304.67
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Nazara Technologies Return-on-Tangible-Equity?

Nazara Technologies BOM:543280 +9.97% 85 Return-on-Tangible-Equity is 8.76% as of Mar. 2026, which is 53% above its 10-year median of 5.71. GuruFocus rates BOM:543280 with a GF Score™ of 85/100 and a GF Value™ of ₹304.67 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 490 Interactive Media companies, Nazara Technologies ranks worse than 50.2% 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. Nazara Technologies's annualized net income for the quarter that ended in Mar. 2026 was ₹1,878 Mil. Nazara Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹21,453 Mil. Therefore, Nazara Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.76%.

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

BOM:543280' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.93   Med: 5.71   Max: 7.05
Current: 5.19

During the past 9 years, Nazara Technologies's highest Return-on-Tangible-Equity was 7.05%. The lowest was -0.93%. And the median was 5.71%.

BOM:543280's Return-on-Tangible-Equity is ranked worse than
50.2% of 490 companies
in the Interactive Media industry
Industry Median: 5.225 vs BOM:543280: 5.19

Nazara Technologies  (BOM:543280) 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.


Nazara Technologies Return-on-Tangible-Equity Related Terms


Nazara Technologies Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Nazara Technologies'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.

Nazara Technologies Return-on-Tangible-Equity Chart

Nazara Technologies Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 5.75 6.79 5.80 5.71 5.66

Nazara Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.14 22.04 -5.44 1.82 8.76

BOM:543280 vs NTES, EA, TTWO: Return-on-Tangible-Equity Comparison

For the Electronic Gaming & Multimedia subindustry, Nazara Technologies'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.


Nazara Technologies Return-on-Tangible-Equity vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nazara Technologies's Return-on-Tangible-Equity distribution charts can be found below:

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


BOM:543280
85GF Score
Nazara Technologies Ltd BOM:543280
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nazara Technologies Return-on-Tangible-Equity Calculation

Nazara Technologies's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=958.5/( (12411.6+21452.6 )/ 2 )
=958.5/16932.1
=5.66 %

Nazara Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1878.4/( (0+21452.6)/ 1 )
=1878.4/21452.6
=8.76 %

* 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 8.76% mean?
Nazara Technologies (BOM:543280) has a Return-on-Tangible-Equity of 8.76% 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 Nazara Technologies and its competitors. This is 53% above median its historical median of 5.71. According to the industry distribution chart, Nazara Technologies ranks #246 out of 490 companies in the Interactive Media industry, placing it in the top 50.2%.
Is Nazara Technologies' Return-on-Tangible-Equity too high?
Nazara Technologies' current Return-on-Tangible-Equity of 8.76% is 53% above median its 10-year median of 5.71. The Interactive Media industry median Return-on-Tangible-Equity is 5.23. Nazara Technologies' value of 8.76% is 67.7% above this industry median. Based on the distribution chart, Nazara Technologies ranks #246 out of 490 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Nazara Technologies has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nazara Technologies' Return-on-Tangible-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nazara Technologies ranks #246 out of 490 companies for Return-on-Tangible-Equity. This places Nazara Technologies in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.23. Nazara Technologies' value of 8.76% is 67.7% above this benchmark. While the company's 10-year median is 5.71 vs. the industry median of 5.23, Nazara Technologies has consistently been above 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 an Interactive Media company?
The median Return-on-Tangible-Equity among Interactive Media companies is 5.23, based on 490 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. Nazara Technologies's current Return-on-Tangible-Equity of 8.76% is 67.7% 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 Nazara Technologies and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nazara Technologies's current Return-on-Tangible-Equity is 8.76%, which is 53% above median its own 10-year median of 5.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nazara Technologies stock overvalued right now?
Based on GuruFocus' analysis, Nazara Technologies (BOM:543280) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹304.67, compared to a current price of ₹339.25 — trading 11.3% above its estimated fair value. The current Return-on-Tangible-Equity is 8.76%, which is 53% above median its 10-year median of 5.71 and 67.7% above the Interactive Media industry median of 5.23. Nazara Technologies' overall GF Score™ is 85/100 with 10 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 Nazara Technologies (BOM:543280), the current Return-on-Tangible-Equity is 8.76% 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 Nazara Technologies (BOM:543280) Overvalued in 2026?

Based on GuruFocus' analysis, Nazara Technologies stock appears to be overvalued. The current stock price of ₹339.25 is trading 11.3% above its estimated GF Value™ of ₹304.67. GuruFocus considers Nazara Technologies to be Modestly Overvalued.

Key valuation signals for BOM:543280:

  • Return-on-Tangible-Equity: 8.76% (53% above median its 10-year median of 5.71)
  • GF Value™: ₹304.67 vs. price of ₹339.25 (11.3% above fair value)
  • GF Score™: 85/100 with 10 warning signs
  • Industry Position: 67.7% above the Interactive Media median (#246 of 490)

No single metric tells the full story. See the BOM:543280 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nazara Technologies Business Description

Other Exchanges NAZARA:India
Address 51-54, Maker Chambers 3, Nariman Point, Mumbai, MH, IND, 400021
Nazara Technologies Ltd is a mobile game company in India. The company has offerings across the interactive gaming, eSports, ad-tech, and gamified early learning ecosystems including World Cricket Championship (WCC) and CarromClash in mobile games, Kiddopia in gamified early learning, Nodwin, PublishMe and Sportskeeda in eSports and eSports media, OpenPlay, Halaplay and Qunami in skill-based, fantasy and trivia games, and Datawrkz in digital ad tech. The company's segment includes Gaming; eSports; and Ad tech. It generates maximum revenue from the eSports segment. Geographically, it derives a majority of its revenue from the USA.
85GF Score

Get the complete analysis for BOM:543280

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹339.25
Price
₹304.67
GF Value