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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. Ashika Global Securities's annualized net income for the quarter that ended in Mar. 2026 was ₹-1,403.6 Mil. Ashika Global Securities's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹11,676.7 Mil. Therefore, Ashika Global Securities's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -12.02%.
The historical rank and industry rank for Ashika Global Securities's Return-on-Tangible-Equity or its related term are showing as below:
BOM:543766'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.35 Med: 8.64 Max: 29.8
Current: 3.55
During the past 13 years, Ashika Global Securities's highest Return-on-Tangible-Equity was 29.80%. The lowest was -5.35%. And the median was 8.64%.
BOM:543766's Return-on-Tangible-Equity is ranked worse than 61.33% of 525
companies
in the Credit Services industry
Industry Median: 7.01
vs BOM:543766: 3.55
Ashika Global Securities (BOM:543766) 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.
Ashika Global Securities Return-on-Tangible-Equity Related Terms
Ashika Global Securities Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ashika Global Securities'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.
Ashika Global Securities Return-on-Tangible-Equity Chart
BOM:543766 vs V, MA, AXP: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, Ashika Global Securities'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.
Ashika Global Securities Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Ashika Global Securities's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ashika Global Securities'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 -12.02% mean?
Ashika Global Securities (BOM:543766) has a Return-on-Tangible-Equity of -12.02% 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 Ashika Global Securities and its competitors. According to the industry distribution chart, Ashika Global Securities ranks #322 out of 525 companies in the Credit Services industry, placing it in the top 61.3%.
Is Ashika Global Securities' Return-on-Tangible-Equity too high?
Ashika Global Securities' current Return-on-Tangible-Equity is -12.02%. Based on the distribution chart, Ashika Global Securities ranks #322 out of 525 companies in the Credit Services industry, which is below the industry midpoint. Overall, Ashika Global Securities has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashika Global Securities' Return-on-Tangible-Equity compare to V and MA?
According to the Credit Services industry distribution chart, Ashika Global Securities ranks #322 out of 525 companies for Return-on-Tangible-Equity. This places Ashika Global Securities in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.01. 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 7.01, based on 525 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. 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 Ashika Global Securities and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashika Global Securities's current Return-on-Tangible-Equity is -12.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashika Global Securities stock overvalued right now?
Based on GuruFocus' analysis, Ashika Global Securities (BOM:543766) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹539.40, compared to a current price of ₹399.30 — trading 26% below its estimated fair value. The current Return-on-Tangible-Equity is -12.02%. Ashika Global Securities' overall GF Score™ is 89/100 with 9 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 Ashika Global Securities (BOM:543766), the current Return-on-Tangible-Equity is -12.02% 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 Ashika Global Securities (BOM:543766) Overvalued in 2026?
Based on GuruFocus' analysis, Ashika Global Securities stock appears to be undervalued.
The current stock price of ₹399.30 is trading 26% below its estimated GF Value™ of ₹539.40.
GuruFocus considers Ashika Global Securities to be Modestly Undervalued.
Key valuation signals for BOM:543766:
Return-on-Tangible-Equity: -12.02%
GF Value™: ₹539.40 vs. price of ₹399.30 (26% below fair value)
No single metric tells the full story. See the BOM:543766 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashika Credit Capital Ltd is a non-deposit-taking non-banking financial institution actively engaged in fund-based activities in India including providing loans and advances, inter-corporate deposits, restructuring finance, loans against securities, and investments in shares and securities. It provides services to individuals, corporations, and financial institutions. The company is predominantly engaged in a single reportable segment of Financial Services.
89GF Score
Get the complete analysis for BOM:543766
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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