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Sancode TechnologiesBOM:543897 +1.99%53 Return-on-Tangible-Equity is 11.14% as of Mar. 2026, which is 54% above its 10-year median of 7.22. GuruFocus rates BOM:543897 with a GF Score™ of 53/100 and a GF Value™ of ₹238.45 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,012 Business Services companies, Sancode Technologies ranks worse than 60.77% 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. Sancode Technologies's annualized net income for the quarter that ended in Mar. 2026 was ₹7.2 Mil. Sancode Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹64.5 Mil. Therefore, Sancode Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.14%.
The historical rank and industry rank for Sancode Technologies's Return-on-Tangible-Equity or its related term are showing as below:
BOM:543897'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -51.84 Med: 7.22 Max: 24.83
Current: 7.65
During the past 7 years, Sancode Technologies's highest Return-on-Tangible-Equity was 24.83%. The lowest was -51.84%. And the median was 7.22%.
BOM:543897's Return-on-Tangible-Equity is ranked worse than 60.77% of 1012
companies
in the Business Services industry
Industry Median: 10.99
vs BOM:543897: 7.65
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.
Sancode Technologies Return-on-Tangible-Equity Related Terms
Sancode Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sancode 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.
BOM:543897 vs VRSK, EFX, BAH: Return-on-Tangible-Equity Comparison
For the Consulting Services subindustry, Sancode 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.
Sancode Technologies Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Sancode Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sancode Technologies'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 11.14% mean?
Sancode Technologies (BOM:543897) has a Return-on-Tangible-Equity of 11.14% 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 Sancode Technologies and its competitors. This is 54% above median its historical median of 7.22. According to the industry distribution chart, Sancode Technologies ranks #615 out of 1012 companies in the Business Services industry, placing it in the top 60.8%.
Is Sancode Technologies' Return-on-Tangible-Equity too high?
Sancode Technologies' current Return-on-Tangible-Equity of 11.14% is 54% above median its 10-year median of 7.22. The Business Services industry median Return-on-Tangible-Equity is 10.99. Sancode Technologies' value of 11.14% is 1.4% above this industry median. Based on the distribution chart, Sancode Technologies ranks #615 out of 1012 companies in the Business Services industry, which is below the industry midpoint. Overall, Sancode Technologies has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sancode Technologies' Return-on-Tangible-Equity compare to VRSK and EFX?
According to the Business Services industry distribution chart, Sancode Technologies ranks #615 out of 1012 companies for Return-on-Tangible-Equity. This places Sancode Technologies in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.99. Sancode Technologies' value of 11.14% is 1.4% above this benchmark. While the company's 10-year median is 7.22 vs. the industry median of 10.99, Sancode 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 a Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.99, based on 1,012 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. Sancode Technologies's current Return-on-Tangible-Equity of 11.14% is 1.4% 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 Sancode Technologies and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sancode Technologies's current Return-on-Tangible-Equity is 11.14%, which is 54% above median its own 10-year median of 7.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sancode Technologies stock overvalued right now?
Based on GuruFocus' analysis, Sancode Technologies (BOM:543897) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹238.45, compared to a current price of ₹534.50 — trading 124.2% above its estimated fair value. The current Return-on-Tangible-Equity is 11.14%, which is 54% above median its 10-year median of 7.22 and 1.4% above the Business Services industry median of 10.99. Sancode Technologies' overall GF Score™ is 53/100 with 7 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 Sancode Technologies (BOM:543897), the current Return-on-Tangible-Equity is 11.14% 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 Sancode Technologies (BOM:543897) Overvalued in 2026?
Based on GuruFocus' analysis, Sancode Technologies stock appears to be overvalued.
The current stock price of ₹534.50 is trading 124.2% above its estimated GF Value™ of ₹238.45.
GuruFocus considers Sancode Technologies to be Significantly Overvalued.
Key valuation signals for BOM:543897:
Return-on-Tangible-Equity: 11.14% (54% above median its 10-year median of 7.22)
GF Value™: ₹238.45 vs. price of ₹534.50 (124.2% above fair value)
Industry Position: 1.4% above the Business Services median (#615 of 1012)
No single metric tells the full story. See the BOM:543897 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sancode Technologies Ltd is engaged in the business of providing technology development and technical / management consultancy services. It engages in software and product Digital transformation, Workflow automation, Artificial intelligence (AI), and Machine learning (ML), Robotic Process Automation (RPA) data Analytics, Metaverse, Web3 applications, and System Integration.
53GF Score
Get the complete analysis for BOM:543897
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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