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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 Software Exports's annualized net income for the quarter that ended in Mar. 2026 was ₹-17.5 Mil. ACE Software Exports's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹496.6 Mil. Therefore, ACE Software Exports's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -3.53%.
The historical rank and industry rank for ACE Software Exports's Return-on-Tangible-Equity or its related term are showing as below:
BOM:890230'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.29 Med: 2.75 Max: 22.43
Current: 8.59
During the past 13 years, ACE Software Exports's highest Return-on-Tangible-Equity was 22.43%. The lowest was -8.29%. And the median was 2.75%.
BOM:890230's Return-on-Tangible-Equity is ranked worse than 50.46% of 2481
companies
in the Software industry
Industry Median: 8.86
vs BOM:890230: 8.59
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 Software Exports Return-on-Tangible-Equity Related Terms
ACE Software Exports Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ACE Software Exports'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:890230 vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, ACE Software Exports'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 Software Exports Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, ACE Software Exports's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ACE Software Exports'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 -3.53% mean?
ACE Software Exports (BOM:890230) has a Return-on-Tangible-Equity of -3.53% 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 Software Exports and its competitors. According to the industry distribution chart, ACE Software Exports ranks #1252 out of 2481 companies in the Software industry, placing it in the top 50.5%.
Is ACE Software Exports' Return-on-Tangible-Equity too high?
ACE Software Exports' current Return-on-Tangible-Equity is -3.53%. Based on the distribution chart, ACE Software Exports ranks #1252 out of 2481 companies in the Software industry, which is below the industry midpoint. Overall, ACE Software Exports has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ACE Software Exports' Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, ACE Software Exports ranks #1252 out of 2481 companies for Return-on-Tangible-Equity. This places ACE Software Exports in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.86. 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.86, based on 2,481 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. 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 Software Exports and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACE Software Exports's current Return-on-Tangible-Equity is -3.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACE Software Exports stock overvalued right now?
Based on GuruFocus' analysis, ACE Software Exports (BOM:890230) is currently considered Possible Value Trap. The stock's GF Value™ is ₹153.67, compared to a current price of ₹56.82 — trading 63% below its estimated fair value. The current Return-on-Tangible-Equity is -3.53%. ACE Software Exports' overall GF Score™ is 51/100 with 5 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 Software Exports (BOM:890230), the current Return-on-Tangible-Equity is -3.53% 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.
Is ACE Software Exports (BOM:890230) Overvalued in 2026?
Based on GuruFocus' analysis, ACE Software Exports stock appears to be undervalued.
The current stock price of ₹56.82 is trading 63% below its estimated GF Value™ of ₹153.67.
GuruFocus considers ACE Software Exports to be Possible Value Trap.
Key valuation signals for BOM:890230:
Return-on-Tangible-Equity: -3.53%
GF Value™: ₹153.67 vs. price of ₹56.82 (63% below fair value)
No single metric tells the full story. See the BOM:890230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ACE Software Exports Ltd operates in the business of software database creation. It provides document management, digital publishing, and data conversion solutions using process engineering and cost-effective and flexible conversion systems. The firm operates under a single segment namely Computer Software and Services Exports. The company is engaged in the exports of computer software and service. The company's business relates to database creation pertaining to Information technology-enabled services, which include creating large volume full text, and image-based databases. The company derives the majority of its revenue from the sale of software.
51GF Score
Get the complete analysis for BOM:890230
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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