M R Maniveni Foods (BOM:544768) Return-on-Tangible-Equity: 26.67% (As of Mar. 2025) — 38% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BOM:544768 M R Maniveni Foods Ltd BOM:544768
14 GF Score
Price ₹33.23
! 1 Warning Sign
View Full Analysis

What is M R Maniveni Foods Return-on-Tangible-Equity?

M R Maniveni Foods BOM:544768 -5.89% 14 Return-on-Tangible-Equity is 26.67% as of Mar. 2025, which is 38% above its 10-year median of 19.34. GuruFocus rates BOM:544768 with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 1,884 Consumer Packaged Goods companies, M R Maniveni Foods ranks better than 85.4% 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. M R Maniveni Foods's annualized net income for the quarter that ended in Mar. 2025 was ₹41 Mil. M R Maniveni Foods's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹155 Mil. Therefore, M R Maniveni Foods's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 26.67%.

The historical rank and industry rank for M R Maniveni Foods's Return-on-Tangible-Equity or its related term are showing as below:

BOM:544768' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 15.27   Med: 19.34   Max: 26.67
Current: 26.67

During the past 3 years, M R Maniveni Foods's highest Return-on-Tangible-Equity was 26.67%. The lowest was 15.27%. And the median was 19.34%.

BOM:544768's Return-on-Tangible-Equity is ranked better than
85.4% of 1884 companies
in the Consumer Packaged Goods industry
Industry Median: 8.015 vs BOM:544768: 26.67

M R Maniveni Foods  (BOM:544768) 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.


M R Maniveni Foods Return-on-Tangible-Equity Related Terms


M R Maniveni Foods Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for M R Maniveni Foods'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.

M R Maniveni Foods Return-on-Tangible-Equity Chart

M R Maniveni Foods Annual Data
Trend Mar23 Mar24 Mar25
Return-on-Tangible-Equity
15.27 19.34 26.67

M R Maniveni Foods Semi-Annual Data
Mar23 Mar24 Mar25
Return-on-Tangible-Equity 15.27 19.34 26.67

BOM:544768 vs ADM, BG, TSN: Return-on-Tangible-Equity Comparison

For the Farm Products subindustry, M R Maniveni Foods'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.


M R Maniveni Foods Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

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

* The bar in red indicates where M R Maniveni Foods's Return-on-Tangible-Equity falls into.


BOM:544768
14GF Score
M R Maniveni Foods Ltd BOM:544768
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

M R Maniveni Foods Return-on-Tangible-Equity Calculation

M R Maniveni Foods'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 )
=41.267/( (123.613+185.881 )/ 2 )
=41.267/154.747
=26.67 %

M R Maniveni Foods'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: Mar. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Mar. 2024 )(Q: Mar. 2025 )
=41.267/( (123.613+185.881)/ 2 )
=41.267/154.747
=26.67 %

* 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 26.67% mean?
M R Maniveni Foods (BOM:544768) has a Return-on-Tangible-Equity of 26.67% 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 M R Maniveni Foods and its competitors. This is 38% above median its historical median of 19.34. Over the past decade, M R Maniveni Foods' Return-on-Tangible-Equity has ranged from 15.27 to 26.67. According to the industry distribution chart, M R Maniveni Foods ranks #275 out of 1884 companies in the Consumer Packaged Goods industry, placing it in the top 14.6%.
Is M R Maniveni Foods' Return-on-Tangible-Equity too high?
M R Maniveni Foods' current Return-on-Tangible-Equity of 26.67% is 38% above median its 10-year median of 19.34. Over the past 10 years, this metric has ranged from a low of 15.27 to a high of 26.67. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 8.02. M R Maniveni Foods' value of 26.67% is 232.8% above this industry median. Based on the distribution chart, M R Maniveni Foods ranks #275 out of 1884 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, M R Maniveni Foods has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does M R Maniveni Foods' Return-on-Tangible-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, M R Maniveni Foods ranks #275 out of 1884 companies for Return-on-Tangible-Equity. This places M R Maniveni Foods in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.02. M R Maniveni Foods' value of 26.67% is 232.8% above this benchmark. Historically, M R Maniveni Foods' own Return-on-Tangible-Equity has ranged from 15.27 to 26.67 over the past decade. While the company's 10-year median is 19.34 vs. the industry median of 8.02, M R Maniveni Foods 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 8.02, based on 1,884 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. M R Maniveni Foods's current Return-on-Tangible-Equity of 26.67% is 232.8% 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 M R Maniveni Foods and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 8.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M R Maniveni Foods's current Return-on-Tangible-Equity is 26.67%, which is 38% above median its own 10-year median of 19.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M R Maniveni Foods stock overvalued right now?
M R Maniveni Foods (BOM:544768) has a current Return-on-Tangible-Equity of 26.67%. The current Return-on-Tangible-Equity is 26.67%, which is 38% above median its 10-year median of 19.34 and 232.8% above the Consumer Packaged Goods industry median of 8.02. M R Maniveni Foods' overall GF Score™ is 14/100 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 M R Maniveni Foods (BOM:544768), the current Return-on-Tangible-Equity is 26.67% 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.

M R Maniveni Foods Business Description

Address Survey No.220/3A-3B, Madhavaram-Redhills High Road, Near Vadaperumbakkam, Madhavaram, Chennai, TN, IND, 600060
M R Maniveni Foods Ltd is mainly engaged in the manufacture, processing, packaging, and sale of food products, including urad dal and tur dal. The main business was trading of pulses and rice in Kerala and other southern states of India. The Company is engaged in the production and wholesale supply of pulses and procures raw whole pulses directly from farmers for processing through soaking, drying, de-husking, splitting, polishing, and packaging. Its products include Urad Dhal, Toor Dhal, Moong Dhal, and Channa Dhal. Its products are distributed across domestic and international markets through retail, wholesale, and direct-to-consumer channels. Its customer base is mainly in the B2B segment and includes supermarkets, wholesalers, large-format retailers, and e-commerce platforms.
14GF Score

Get the complete analysis for BOM:544768

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹33.23
Price