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Hexaware TechnologiesLSE:35PJ 40 Return-on-Tangible-Equity is 50.71% as of Mar. 2026, which is 42% above its 10-year median of 35.80. GuruFocus rates LSE:35PJ with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 2,477 Software companies, Hexaware Technologies ranks better than 82.03% 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. Hexaware Technologies's annualized net income for the quarter that ended in Mar. 2026 was £113.64 Mil. Hexaware Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was £224.11 Mil. Therefore, Hexaware Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 50.71%.
The historical rank and industry rank for Hexaware Technologies's Return-on-Tangible-Equity or its related term are showing as below:
LSE:35PJ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 29 Med: 35.8 Max: 53.6
Current: 45.86
During the past 13 years, Hexaware Technologies's highest Return-on-Tangible-Equity was 53.60%. The lowest was 29.00%. And the median was 35.80%.
LSE:35PJ's Return-on-Tangible-Equity is ranked better than 82.03% of 2477
companies
in the Software industry
Industry Median: 8.83
vs LSE:35PJ: 45.86
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.
Hexaware Technologies Return-on-Tangible-Equity Related Terms
Hexaware Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hexaware Technologies'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.
LSE:35PJ vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Hexaware Technologies'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.
Hexaware Technologies Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Hexaware Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hexaware Technologies'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 50.71% mean?
Hexaware Technologies (LSE:35PJ) has a Return-on-Tangible-Equity of 50.71% 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 Hexaware Technologies and its competitors. This is 42% above median its historical median of 35.80. Over the past decade, Hexaware Technologies' Return-on-Tangible-Equity has ranged from 29.00 to 53.60. According to the industry distribution chart, Hexaware Technologies ranks #445 out of 2477 companies in the Software industry, placing it in the top 18%.
Is Hexaware Technologies' Return-on-Tangible-Equity too high?
Hexaware Technologies' current Return-on-Tangible-Equity of 50.71% is 42% above median its 10-year median of 35.80. Over the past 10 years, this metric has ranged from a low of 29.00 to a high of 53.60. The Software industry median Return-on-Tangible-Equity is 8.83. Hexaware Technologies' value of 50.71% is 474.3% above this industry median. Based on the distribution chart, Hexaware Technologies ranks #445 out of 2477 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Hexaware Technologies has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Hexaware Technologies' Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Hexaware Technologies ranks #445 out of 2477 companies for Return-on-Tangible-Equity. This places Hexaware Technologies in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.83. Hexaware Technologies' value of 50.71% is 474.3% above this benchmark. Historically, Hexaware Technologies' own Return-on-Tangible-Equity has ranged from 29.00 to 53.60 over the past decade. While the company's 10-year median is 35.80 vs. the industry median of 8.83, Hexaware Technologies 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.83, based on 2,477 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. Hexaware Technologies's current Return-on-Tangible-Equity of 50.71% is 474.3% 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 Hexaware Technologies and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexaware Technologies's current Return-on-Tangible-Equity is 50.71%, which is 42% above median its own 10-year median of 35.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexaware Technologies stock overvalued right now?
Hexaware Technologies (LSE:35PJ) has a current Return-on-Tangible-Equity of 50.71%. The current Return-on-Tangible-Equity is 50.71%, which is 42% above median its 10-year median of 35.80 and 474.3% above the Software industry median of 8.83. Hexaware Technologies' overall GF Score™ is 40/100 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 Hexaware Technologies (LSE:35PJ), the current Return-on-Tangible-Equity is 50.71% 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.
Hexaware Technologies Ltd is a digital and technology services company with artificial intelligence. The segments of the company are based on the industries served: Financial Services, Healthcare and Insurance, Manufacturing and Consumer, Hi-Tech and Professional Services, Banking, and Travel and Transportation. The firm generates key revenue from the Travel and Transportation segment. Geographically, the firm generates the majority of its revenue from the Americas.
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