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Banswara SyntexNSE:BANSWRAS +4.76%74 Return-on-Tangible-Equity is 7.86% as of Mar. 2026, which is 9% above its 10-year median of 7.20. GuruFocus rates NSE:BANSWRAS with a GF Score™ of 74/100 and a GF Value™ of ₹144.51 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Banswara Syntex ranks better than 54.59% 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. Banswara Syntex's annualized net income for the quarter that ended in Mar. 2026 was ₹459 Mil. Banswara Syntex's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹5,844 Mil. Therefore, Banswara Syntex's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.86%.
The historical rank and industry rank for Banswara Syntex's Return-on-Tangible-Equity or its related term are showing as below:
NSE:BANSWRAS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.22 Med: 7.2 Max: 24.95
Current: 5.49
During the past 13 years, Banswara Syntex's highest Return-on-Tangible-Equity was 24.95%. The lowest was 3.22%. And the median was 7.20%.
NSE:BANSWRAS's Return-on-Tangible-Equity is ranked better than 54.59% of 1013
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs NSE:BANSWRAS: 5.49
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.
Banswara Syntex Return-on-Tangible-Equity Related Terms
Banswara Syntex Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Banswara Syntex'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.
For the Textile Manufacturing subindustry, Banswara Syntex'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.
Banswara Syntex Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Banswara Syntex's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Banswara Syntex'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 7.86% mean?
Banswara Syntex (NSE:BANSWRAS) has a Return-on-Tangible-Equity of 7.86% 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 Banswara Syntex and its competitors. This is near median its historical median of 7.20. Over the past decade, Banswara Syntex's Return-on-Tangible-Equity has ranged from 3.22 to 24.95. According to the industry distribution chart, Banswara Syntex ranks #460 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 45.4%.
Is Banswara Syntex's Return-on-Tangible-Equity too high?
Banswara Syntex's current Return-on-Tangible-Equity of 7.86% is near median its 10-year median of 7.20. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 24.95. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Banswara Syntex's value of 7.86% is 77.4% above this industry median. Based on the distribution chart, Banswara Syntex ranks #460 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Banswara Syntex has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Banswara Syntex's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Banswara Syntex ranks #460 out of 1013 companies for Return-on-Tangible-Equity. This puts Banswara Syntex in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Banswara Syntex's value of 7.86% is 77.4% above this benchmark. Historically, Banswara Syntex's own Return-on-Tangible-Equity has ranged from 3.22 to 24.95 over the past decade. While the company's 10-year median is 7.20 vs. the industry median of 4.43, Banswara Syntex 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,013 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. Banswara Syntex's current Return-on-Tangible-Equity of 7.86% is 77.4% 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 Banswara Syntex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banswara Syntex's current Return-on-Tangible-Equity is 7.86%, which is near median its own 10-year median of 7.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banswara Syntex stock overvalued right now?
Based on GuruFocus' analysis, Banswara Syntex (NSE:BANSWRAS) is currently considered Fairly Valued. The stock's GF Value™ is ₹144.51, compared to a current price of ₹132.41 — trading 8.4% below its estimated fair value. The current Return-on-Tangible-Equity is 7.86%, which is near median its 10-year median of 7.20 and 77.4% above the Manufacturing - Apparel & Accessories industry median of 4.43. Banswara Syntex's overall GF Score™ is 74/100 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 Banswara Syntex (NSE:BANSWRAS), the current Return-on-Tangible-Equity is 7.86% 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 Banswara Syntex (NSE:BANSWRAS) Overvalued in 2026?
Based on GuruFocus' analysis, Banswara Syntex stock appears to be undervalued.
The current stock price of ₹132.41 is trading 8.4% below its estimated GF Value™ of ₹144.51.
GuruFocus considers Banswara Syntex to be Fairly Valued.
Key valuation signals for NSE:BANSWRAS:
Return-on-Tangible-Equity: 7.86% (near median its 10-year median of 7.20)
GF Value™: ₹144.51 vs. price of ₹132.41 (8.4% below fair value)
Industry Position: 77.4% above the Manufacturing - Apparel & Accessories median (#460 of 1013)
No single metric tells the full story. See the NSE:BANSWRAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banswara Syntex Ltd operates in the textile industry. The company's core business is the manufacturing and marketing of spun synthetic blended yarn, wool and wool mix yarn, spun synthetic and worsted fabrics, and cotton & linen fabrics, besides readymade garments. It also produces shirting and technical fabrics. The brands of the company include Uniqlo, Calvin Klein, Marks and Spencer, Next, and others.
74GF Score
Get the complete analysis for NSE:BANSWRAS
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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