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TGIF Agribusiness (BOM:544175) Return-on-Tangible-Equity : 14.85% (As of Mar. 2025)


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What is TGIF Agribusiness 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. TGIF Agribusiness's annualized net income for the quarter that ended in Mar. 2025 was ₹15.33 Mil. TGIF Agribusiness's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹103.22 Mil. Therefore, TGIF Agribusiness's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 14.85%.

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

BOM:544175' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.8   Med: 38.24   Max: 117.33
Current: 16.84

During the past 5 years, TGIF Agribusiness's highest Return-on-Tangible-Equity was 117.33%. The lowest was 14.80%. And the median was 38.24%.

BOM:544175's Return-on-Tangible-Equity is ranked better than
74.5% of 1835 companies
in the Consumer Packaged Goods industry
Industry Median: 8.13 vs BOM:544175: 16.84

TGIF Agribusiness Return-on-Tangible-Equity Historical Data

The historical data trend for TGIF Agribusiness'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.

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TGIF Agribusiness Return-on-Tangible-Equity Chart

TGIF Agribusiness Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
14.80 76.04 117.33 38.24 16.24

TGIF Agribusiness Semi-Annual Data
Mar21 Mar22 Mar23 Sep24 Mar25
Return-on-Tangible-Equity - - - 33.23 14.85

Competitive Comparison of TGIF Agribusiness's Return-on-Tangible-Equity

For the Farm Products subindustry, TGIF Agribusiness'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.


TGIF Agribusiness's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, TGIF Agribusiness's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where TGIF Agribusiness's Return-on-Tangible-Equity falls into.


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TGIF Agribusiness Return-on-Tangible-Equity Calculation

TGIF Agribusiness'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 )
=17.382/( (0+107.054 )/ 1 )
=17.382/107.054
=16.24 %

TGIF Agribusiness'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: Sep. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Sep. 2024 )(Q: Mar. 2025 )
=15.326/( (99.392+107.054)/ 2 )
=15.326/103.223
=14.85 %

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


TGIF Agribusiness  (BOM:544175) 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.


TGIF Agribusiness Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of TGIF Agribusiness's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


TGIF Agribusiness Business Description

Traded in Other Exchanges
N/A
Address
A/52, Fairy Society, 5th Floor, Corporate House, Bodakdev, Ahmedabad, GJ, IND, 380054
TGIF Agribusiness Ltd is majorly a horticulture company engaged in open farming of certain fruits and vegetables. It is engaged in the farming of pomegranate and also engaged in the farming and cultivation of dragon fruits and Sagwan trees.

TGIF Agribusiness Headlines

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