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Recode StudiosBOM:544755 +2.93%17 Return-on-Tangible-Equity is 46.38% as of Mar. 2025, which is 248% above its 10-year median of 13.34. GuruFocus rates BOM:544755 with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 1,885 Consumer Packaged Goods companies, Recode Studios ranks better than 92.04% 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. Recode Studios's annualized net income for the quarter that ended in Mar. 2025 was ₹33.0 Mil. Recode Studios's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹71.2 Mil. Therefore, Recode Studios's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 46.38%.
The historical rank and industry rank for Recode Studios's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544755'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.14 Med: 13.34 Max: 46.38
Current: 46.38
During the past 3 years, Recode Studios's highest Return-on-Tangible-Equity was 46.38%. The lowest was 5.14%. And the median was 13.34%.
BOM:544755's Return-on-Tangible-Equity is ranked better than 92.04% of 1885
companies
in the Consumer Packaged Goods industry
Industry Median: 8.04
vs BOM:544755: 46.38
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.
Recode Studios Return-on-Tangible-Equity Related Terms
Recode Studios Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Recode Studios'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.
Recode Studios Return-on-Tangible-Equity Chart
Recode Studios Annual Data
Trend
Mar23
Mar24
Mar25
Return-on-Tangible-Equity
13.34
5.14
46.38
Recode Studios Semi-Annual Data
Mar23
Mar24
Mar25
Return-on-Tangible-Equity
13.34
5.14
46.38
BOM:544755 vs PG, CL, KVUE: Return-on-Tangible-Equity Comparison
For the Household & Personal Products subindustry, Recode Studios'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.
Recode Studios Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Recode Studios's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Recode Studios'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 one times the annual (Mar. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 46.38% mean?
Recode Studios (BOM:544755) has a Return-on-Tangible-Equity of 46.38% as of Mar. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Recode Studios and its competitors. This is 248% above median its historical median of 13.34. Over the past decade, Recode Studios' Return-on-Tangible-Equity has ranged from 5.14 to 46.38. According to the industry distribution chart, Recode Studios ranks #150 out of 1885 companies in the Consumer Packaged Goods industry, placing it in the top 8%.
Is Recode Studios' Return-on-Tangible-Equity too high?
Recode Studios' current Return-on-Tangible-Equity of 46.38% is 248% above median its 10-year median of 13.34. Over the past 10 years, this metric has ranged from a low of 5.14 to a high of 46.38. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 8.04. Recode Studios' value of 46.38% is 476.9% above this industry median. Based on the distribution chart, Recode Studios ranks #150 out of 1885 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Recode Studios has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Recode Studios' Return-on-Tangible-Equity compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Recode Studios ranks #150 out of 1885 companies for Return-on-Tangible-Equity. This places Recode Studios in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.04. Recode Studios' value of 46.38% is 476.9% above this benchmark. Historically, Recode Studios' own Return-on-Tangible-Equity has ranged from 5.14 to 46.38 over the past decade. While the company's 10-year median is 13.34 vs. the industry median of 8.04, Recode Studios 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 8.04, based on 1,885 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. Recode Studios's current Return-on-Tangible-Equity of 46.38% is 476.9% 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 Recode Studios and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 8.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Recode Studios's current Return-on-Tangible-Equity is 46.38%, which is 248% above median its own 10-year median of 13.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Recode Studios stock overvalued right now?
Recode Studios (BOM:544755) has a current Return-on-Tangible-Equity of 46.38%. The current Return-on-Tangible-Equity is 46.38%, which is 248% above median its 10-year median of 13.34 and 476.9% above the Consumer Packaged Goods industry median of 8.04. Recode Studios' overall GF Score™ is 17/100 with 1 warning sign 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 Recode Studios (BOM:544755), the current Return-on-Tangible-Equity is 46.38% as of Mar. 2025. 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.
Recode Studios Ltd is a beauty and personal care (BPC) company operating in the beauty, cosmetics and personal care segment in India. It is engaged in the branding, procurement and distribution of beauty and personal care products under the "Recode" brand. The company offers a diversified portfolio of products across make-up, skincare, body care and beauty accessories. Its product portfolio includes face make-up, eye make-up, lip makeup, face and body care products and beauty accessories. The majority of revenue is derived from the Face Make-Up category, which includes products such as foundations, primers, concealers and related face cosmetics.
17GF Score
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