Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Ace Alpha TechBOM:544431 -1.44%21 Return-on-Tangible-Equity is 48.70% as of Mar. 2026, which is 4% below its 10-year median of 50.67. GuruFocus rates BOM:544431 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 782 Capital Markets companies, Ace Alpha Tech ranks better than 65.22% 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. Ace Alpha Tech's annualized net income for the quarter that ended in Mar. 2026 was ₹307.2 Mil. Ace Alpha Tech's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹630.9 Mil. Therefore, Ace Alpha Tech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 48.70%.
The historical rank and industry rank for Ace Alpha Tech's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544431'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.17 Med: 50.67 Max: 157.72
Current: 12.17
During the past 5 years, Ace Alpha Tech's highest Return-on-Tangible-Equity was 157.72%. The lowest was 12.17%. And the median was 50.67%.
BOM:544431's Return-on-Tangible-Equity is ranked better than 65.22% of 782
companies
in the Capital Markets industry
Industry Median: 6.52
vs BOM:544431: 12.17
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.
Ace Alpha Tech Return-on-Tangible-Equity Related Terms
Ace Alpha Tech Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ace Alpha Tech'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:544431 vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Ace Alpha Tech'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.
Ace Alpha Tech Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Ace Alpha Tech's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ace Alpha Tech'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 48.70% mean?
Ace Alpha Tech (BOM:544431) has a Return-on-Tangible-Equity of 48.70% 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 Ace Alpha Tech and its competitors. This is near median its historical median of 50.67. Over the past decade, Ace Alpha Tech's Return-on-Tangible-Equity has ranged from 12.17 to 157.72. According to the industry distribution chart, Ace Alpha Tech ranks #272 out of 782 companies in the Capital Markets industry, placing it in the top 34.8%.
Is Ace Alpha Tech's Return-on-Tangible-Equity too high?
Ace Alpha Tech's current Return-on-Tangible-Equity of 48.70% is near median its 10-year median of 50.67. Over the past 10 years, this metric has ranged from a low of 12.17 to a high of 157.72. The Capital Markets industry median Return-on-Tangible-Equity is 6.52. Ace Alpha Tech's value of 48.70% is 646.9% above this industry median. Based on the distribution chart, Ace Alpha Tech ranks #272 out of 782 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Ace Alpha Tech has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Ace Alpha Tech's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Ace Alpha Tech ranks #272 out of 782 companies for Return-on-Tangible-Equity. This puts Ace Alpha Tech in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.52. Ace Alpha Tech's value of 48.70% is 646.9% above this benchmark. Historically, Ace Alpha Tech's own Return-on-Tangible-Equity has ranged from 12.17 to 157.72 over the past decade. While the company's 10-year median is 50.67 vs. the industry median of 6.52, Ace Alpha Tech 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.52, based on 782 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. Ace Alpha Tech's current Return-on-Tangible-Equity of 48.70% is 646.9% 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 Ace Alpha Tech and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ace Alpha Tech's current Return-on-Tangible-Equity is 48.70%, which is near median its own 10-year median of 50.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ace Alpha Tech stock overvalued right now?
Ace Alpha Tech (BOM:544431) has a current Return-on-Tangible-Equity of 48.70%. The current Return-on-Tangible-Equity is 48.70%, which is near median its 10-year median of 50.67 and 646.9% above the Capital Markets industry median of 6.52. Ace Alpha Tech's overall GF Score™ is 21/100 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 Ace Alpha Tech (BOM:544431), the current Return-on-Tangible-Equity is 48.70% 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.
Ace Alpha Tech Ltd serves the financial industry, providing a suite of trading solutions catering to all types of clients, ranging from institutional investors to retail traders via brokers. It provides customized trading solutions in which it uses institutional-grade algorithms that work as a front-end layer over existing order management systems/ RMS, which are connected with stock exchanges. Its solutions also enable clients to work on a simulated environment of their own platform to back-test their solutions. Its segments include Institutional Trading, B2B Retail Trading, User Management, Proprietary Trading, and Custom Trading. It derives revenue from Customization Fees, Consultation Services, Technology Support, Annual Maintenance, and Licensing fees.
21GF Score
Get the complete analysis for BOM:544431
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:544431 has been successfully added to your 
