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Credo Brands Marketing (BOM:544058) Return-on-Tangible-Equity : 13.49% (As of Mar. 2025)


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What is Credo Brands Marketing Return-on-Tangible-Equity?

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. Credo Brands Marketing's annualized net income for the quarter that ended in Mar. 2025 was ₹553 Mil. Credo Brands Marketing's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹4,100 Mil. Therefore, Credo Brands Marketing's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 13.49%.

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

BOM:544058' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.79   Med: 18.2   Max: 30.01
Current: 18.19

During the past 5 years, Credo Brands Marketing's highest Return-on-Tangible-Equity was 30.01%. The lowest was 1.79%. And the median was 18.20%.

BOM:544058's Return-on-Tangible-Equity is ranked better than
74.09% of 1042 companies
in the Retail - Cyclical industry
Industry Median: 7.475 vs BOM:544058: 18.19

Credo Brands Marketing Return-on-Tangible-Equity Historical Data

The historical data trend for Credo Brands Marketing'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.

* Premium members only.

Credo Brands Marketing Return-on-Tangible-Equity Chart

Credo Brands Marketing Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
1.79 16.71 30.01 19.02 18.20

Credo Brands Marketing Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.27 11.45 28.13 19.46 13.49

Competitive Comparison of Credo Brands Marketing's Return-on-Tangible-Equity

For the Apparel Retail subindustry, Credo Brands Marketing'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.


Credo Brands Marketing's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Credo Brands Marketing's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Credo Brands Marketing's Return-on-Tangible-Equity falls into.


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Credo Brands Marketing Return-on-Tangible-Equity Calculation

Credo Brands Marketing's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=683.71/( (3414.44+4100.43 )/ 2 )
=683.71/3757.435
=18.20 %

Credo Brands Marketing's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=553.04/( (0+4100.43)/ 1 )
=553.04/4100.43
=13.49 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Credo Brands Marketing  (BOM:544058) 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.


Credo Brands Marketing Return-on-Tangible-Equity Related Terms

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Credo Brands Marketing Business Description

Traded in Other Exchanges
Address
B-8, MIDC Central Road, Marol, Next to MIDC Police Station, Andheri East, Mumbai, MH, IND, 400093
Credo Brands Marketing Ltd is a homegrown brand in the mid-premium and premium men's casual wear market in India. The product offerings range from shirts to t-shirts to jeans to chinos, which cater to all year-round clothing. The Company is primarily engaged in the business of retailing of Men's casual wear under its Brand MUFTI. The company generates the majority of its revenue from the sale of its products.

Credo Brands Marketing Headlines

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