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Niks TechnologyBOM:543282 85 Return-on-Tangible-Equity is 2.32% as of Mar. 2026, which is 76% below its 10-year median of 9.57. GuruFocus rates BOM:543282 with a GF Score™ of 85/100 and a GF Value™ of ₹421.44 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,487 Software companies, Niks Technology ranks worse than 61.08% 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. Niks Technology's annualized net income for the quarter that ended in Mar. 2026 was ₹1.42 Mil. Niks Technology's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹61.15 Mil. Therefore, Niks Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.32%.
The historical rank and industry rank for Niks Technology's Return-on-Tangible-Equity or its related term are showing as below:
BOM:543282'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -46.04 Med: 9.57 Max: 140.69
Current: 3.41
During the past 9 years, Niks Technology's highest Return-on-Tangible-Equity was 140.69%. The lowest was -46.04%. And the median was 9.57%.
BOM:543282's Return-on-Tangible-Equity is ranked worse than 61.08% of 2487
companies
in the Software industry
Industry Median: 9.03
vs BOM:543282: 3.41
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.
Niks Technology Return-on-Tangible-Equity Related Terms
Niks Technology Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Niks Technology'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.
BOM:543282 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Niks Technology'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.
Niks Technology Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Niks Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Niks Technology'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 2.32% mean?
Niks Technology (BOM:543282) has a Return-on-Tangible-Equity of 2.32% 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 Niks Technology and its competitors. This is 76% below median its historical median of 9.57. According to the industry distribution chart, Niks Technology ranks #1519 out of 2487 companies in the Software industry, placing it in the top 61.1%.
Is Niks Technology's Return-on-Tangible-Equity too high?
Niks Technology's current Return-on-Tangible-Equity of 2.32% is 76% below median its 10-year median of 9.57. The Software industry median Return-on-Tangible-Equity is 9.03. Niks Technology's value of 2.32% is 74.3% below this industry median. Based on the distribution chart, Niks Technology ranks #1519 out of 2487 companies in the Software industry, which is below the industry midpoint. Overall, Niks Technology has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Niks Technology's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Niks Technology ranks #1519 out of 2487 companies for Return-on-Tangible-Equity. This places Niks Technology in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.03. Niks Technology's value of 2.32% is 74.3% below this benchmark. While the company's 10-year median is 9.57 vs. the industry median of 9.03, Niks Technology 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 9.03, based on 2,487 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. Niks Technology's current Return-on-Tangible-Equity of 2.32% is 74.3% 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 Niks Technology and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 9.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niks Technology's current Return-on-Tangible-Equity is 2.32%, which is 76% below median its own 10-year median of 9.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niks Technology stock overvalued right now?
Based on GuruFocus' analysis, Niks Technology (BOM:543282) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹421.44, compared to a current price of ₹290.30 — trading 31.1% below its estimated fair value. The current Return-on-Tangible-Equity is 2.32%, which is 76% below median its 10-year median of 9.57 and 74.3% below the Software industry median of 9.03. Niks Technology's overall GF Score™ is 85/100 with 4 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 Niks Technology (BOM:543282), the current Return-on-Tangible-Equity is 2.32% 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 Niks Technology (BOM:543282) Overvalued in 2026?
Based on GuruFocus' analysis, Niks Technology stock appears to be undervalued.
The current stock price of ₹290.30 is trading 31.1% below its estimated GF Value™ of ₹421.44.
GuruFocus considers Niks Technology to be Significantly Undervalued.
Key valuation signals for BOM:543282:
Return-on-Tangible-Equity: 2.32% (76% below median its 10-year median of 9.57)
GF Value™: ₹421.44 vs. price of ₹290.30 (31.1% below fair value)
Industry Position: 74.3% below the Software median (#1519 of 2487)
No single metric tells the full story. See the BOM:543282 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Niks Technology Ltd is an information technology solution service provider company. It offers a range of services such as cyber security, digital marketing, software development, website development, mobile app development, android app development, and classroom training and certification courses to students through offline and online routes.
85GF Score
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