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FSN E-Commerce VenturesBOM:543384 +2.56%84 Return-on-Tangible-Equity is 26.31% as of Mar. 2026, which is 580% above its 10-year median of 3.87. GuruFocus rates BOM:543384 with a GF Score™ of 84/100 and a GF Value™ of ₹300.10 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,065 Retail - Cyclical companies, FSN E-Commerce Ventures ranks better than 70.14% 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. FSN E-Commerce Ventures's annualized net income for the quarter that ended in Mar. 2026 was ₹3,135 Mil. FSN E-Commerce Ventures's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹11,915 Mil. Therefore, FSN E-Commerce Ventures's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 26.31%.
The historical rank and industry rank for FSN E-Commerce Ventures's Return-on-Tangible-Equity or its related term are showing as below:
BOM:543384'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.15 Med: 3.87 Max: 17.92
Current: 17.85
During the past 8 years, FSN E-Commerce Ventures's highest Return-on-Tangible-Equity was 17.92%. The lowest was -11.15%. And the median was 3.87%.
BOM:543384's Return-on-Tangible-Equity is ranked better than 70.14% of 1065
companies
in the Retail - Cyclical industry
Industry Median: 8.33
vs BOM:543384: 17.85
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.
FSN E-Commerce Ventures Return-on-Tangible-Equity Related Terms
FSN E-Commerce Ventures Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for FSN E-Commerce Ventures'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:543384 vs AMZN, BABA, PDD: Return-on-Tangible-Equity Comparison
For the Internet Retail subindustry, FSN E-Commerce Ventures'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.
FSN E-Commerce Ventures Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, FSN E-Commerce Ventures's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where FSN E-Commerce Ventures'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 26.31% mean?
FSN E-Commerce Ventures (BOM:543384) has a Return-on-Tangible-Equity of 26.31% 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 FSN E-Commerce Ventures and its competitors. This is 580% above median its historical median of 3.87. According to the industry distribution chart, FSN E-Commerce Ventures ranks #318 out of 1065 companies in the Retail - Cyclical industry, placing it in the top 29.9%.
Is FSN E-Commerce Ventures' Return-on-Tangible-Equity too high?
FSN E-Commerce Ventures' current Return-on-Tangible-Equity of 26.31% is 580% above median its 10-year median of 3.87. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.33. FSN E-Commerce Ventures' value of 26.31% is 215.8% above this industry median. Based on the distribution chart, FSN E-Commerce Ventures ranks #318 out of 1065 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, FSN E-Commerce Ventures has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FSN E-Commerce Ventures' Return-on-Tangible-Equity compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, FSN E-Commerce Ventures ranks #318 out of 1065 companies for Return-on-Tangible-Equity. This puts FSN E-Commerce Ventures in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.33. FSN E-Commerce Ventures' value of 26.31% is 215.8% above this benchmark. While the company's 10-year median is 3.87 vs. the industry median of 8.33, FSN E-Commerce Ventures 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 a Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.33, based on 1,065 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. FSN E-Commerce Ventures's current Return-on-Tangible-Equity of 26.31% is 215.8% 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 FSN E-Commerce Ventures and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FSN E-Commerce Ventures's current Return-on-Tangible-Equity is 26.31%, which is 580% above median its own 10-year median of 3.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FSN E-Commerce Ventures stock overvalued right now?
Based on GuruFocus' analysis, FSN E-Commerce Ventures (BOM:543384) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹300.10, compared to a current price of ₹341.90 — trading 13.9% above its estimated fair value. The current Return-on-Tangible-Equity is 26.31%, which is 580% above median its 10-year median of 3.87 and 215.8% above the Retail - Cyclical industry median of 8.33. FSN E-Commerce Ventures' overall GF Score™ is 84/100 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 FSN E-Commerce Ventures (BOM:543384), the current Return-on-Tangible-Equity is 26.31% 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 FSN E-Commerce Ventures (BOM:543384) Overvalued in 2026?
Based on GuruFocus' analysis, FSN E-Commerce Ventures stock appears to be overvalued.
The current stock price of ₹341.90 is trading 13.9% above its estimated GF Value™ of ₹300.10.
GuruFocus considers FSN E-Commerce Ventures to be Modestly Overvalued.
Key valuation signals for BOM:543384:
Return-on-Tangible-Equity: 26.31% (580% above median its 10-year median of 3.87)
GF Value™: ₹300.10 vs. price of ₹341.90 (13.9% above fair value)
Industry Position: 215.8% above the Retail - Cyclical median (#318 of 1065)
No single metric tells the full story. See the BOM:543384 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FSN E-Commerce Ventures Ltd is engaged in the business of manufacturing, selling and distributing beauty, wellness, fitness, personal care, health care, skin care, hair care products, fashion garments, fashion accessories and equipments on the online portals or websites such as e-commerce, m-commerce, internet, intranet as well as through physical stores, stalls, general trade and modern trade etc. In addition, it also provides marketing support services. The group operates in the following segments: Beauty, Fashion, and Others. The majority of its revenue is generated from the Beauty segment, which comprises online beauty platform, beauty-owned brands, physical retail stores, eB2B distribution business, and Nykaa Man BPC business. Geographically, the group derives key revenue from India.
84GF Score
Get the complete analysis for BOM:543384
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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