Brightcom Group (NSE:BCG) Return-on-Tangible-Equity: 9.09% (As of Mar. 2026) — 55% Below 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.

NSE:BCG Brightcom Group Ltd NSE:BCG
82 GF Score
Price ₹9.80
GF Value ₹15.37
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Brightcom Group Return-on-Tangible-Equity?

Brightcom Group NSE:BCG +2.94% 82 Return-on-Tangible-Equity is 9.09% as of Mar. 2026, which is 55% below its 10-year median of 20.42. GuruFocus rates NSE:BCG with a GF Score™ of 82/100 and a GF Value™ of ₹15.37 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 863 Media - Diversified companies, Brightcom Group ranks better than 65.35% 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. Brightcom Group's annualized net income for the quarter that ended in Mar. 2026 was ₹8,313 Mil. Brightcom Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹91,441 Mil. Therefore, Brightcom Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.09%.

The historical rank and industry rank for Brightcom Group's Return-on-Tangible-Equity or its related term are showing as below:

NSE:BCG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.93   Med: 20.42   Max: 26.84
Current: 11.55

During the past 13 years, Brightcom Group's highest Return-on-Tangible-Equity was 26.84%. The lowest was 9.93%. And the median was 20.42%.

NSE:BCG's Return-on-Tangible-Equity is ranked better than
65.35% of 863 companies
in the Media - Diversified industry
Industry Median: 5.46 vs NSE:BCG: 11.55

Brightcom Group  (NSE:BCG) 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.


Brightcom Group Return-on-Tangible-Equity Related Terms


Brightcom Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Brightcom Group'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.

Brightcom Group Return-on-Tangible-Equity Chart

Brightcom Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.84 26.25 10.72 9.93 11.54

Brightcom Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.40 11.19 11.22 14.96 9.09

NSE:BCG vs APP, OMC, TTD: Return-on-Tangible-Equity Comparison

For the Advertising Agencies subindustry, Brightcom Group'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.


Brightcom Group Return-on-Tangible-Equity vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Brightcom Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Brightcom Group's Return-on-Tangible-Equity falls into.


NSE:BCG
82GF Score
Brightcom Group Ltd NSE:BCG
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brightcom Group Return-on-Tangible-Equity Calculation

Brightcom Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=9623.266/( (75410.235+91441.395 )/ 2 )
=9623.266/83425.815
=11.54 %

Brightcom Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=8313.252/( (0+91441.395)/ 1 )
=8313.252/91441.395
=9.09 %

* 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 9.09% mean?
Brightcom Group (NSE:BCG) has a Return-on-Tangible-Equity of 9.09% 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 Brightcom Group and its competitors. This is 55% below median its historical median of 20.42. Over the past decade, Brightcom Group's Return-on-Tangible-Equity has ranged from 9.93 to 26.84. According to the industry distribution chart, Brightcom Group ranks #299 out of 863 companies in the Media - Diversified industry, placing it in the top 34.6%.
Is Brightcom Group's Return-on-Tangible-Equity too high?
Brightcom Group's current Return-on-Tangible-Equity of 9.09% is 55% below median its 10-year median of 20.42. Over the past 10 years, this metric has ranged from a low of 9.93 to a high of 26.84. The Media - Diversified industry median Return-on-Tangible-Equity is 5.46. Brightcom Group's value of 9.09% is 66.5% above this industry median. Based on the distribution chart, Brightcom Group ranks #299 out of 863 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Brightcom Group has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Brightcom Group's Return-on-Tangible-Equity compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Brightcom Group ranks #299 out of 863 companies for Return-on-Tangible-Equity. This puts Brightcom Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.46. Brightcom Group's value of 9.09% is 66.5% above this benchmark. Historically, Brightcom Group's own Return-on-Tangible-Equity has ranged from 9.93 to 26.84 over the past decade. While the company's 10-year median is 20.42 vs. the industry median of 5.46, Brightcom Group 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.46, based on 863 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. Brightcom Group's current Return-on-Tangible-Equity of 9.09% is 66.5% 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 Brightcom Group and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brightcom Group's current Return-on-Tangible-Equity is 9.09%, which is 55% below median its own 10-year median of 20.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brightcom Group stock overvalued right now?
Based on GuruFocus' analysis, Brightcom Group (NSE:BCG) is currently considered Possible Value Trap. The stock's GF Value™ is ₹15.37, compared to a current price of ₹9.80 — trading 36.2% below its estimated fair value. The current Return-on-Tangible-Equity is 9.09%, which is 55% below median its 10-year median of 20.42 and 66.5% above the Media - Diversified industry median of 5.46. Brightcom Group's overall GF Score™ is 82/100 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 Brightcom Group (NSE:BCG), the current Return-on-Tangible-Equity is 9.09% 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 Brightcom Group (NSE:BCG) Overvalued in 2026?

Based on GuruFocus' analysis, Brightcom Group stock appears to be undervalued. The current stock price of ₹9.80 is trading 36.2% below its estimated GF Value™ of ₹15.37. GuruFocus considers Brightcom Group to be Possible Value Trap.

Key valuation signals for NSE:BCG:

  • Return-on-Tangible-Equity: 9.09% (55% below median its 10-year median of 20.42)
  • GF Value™: ₹15.37 vs. price of ₹9.80 (36.2% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 66.5% above the Media - Diversified median (#299 of 863)

No single metric tells the full story. See the NSE:BCG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brightcom Group Business Description

Other Exchanges 532368:India
Address Raj Bhavan Road, Somajiguda, 6-3-1086/VGT/101/B, Vista Grand Towers, 1st Floor, Hyderabad, TG, IND, 500032
Brightcom Group Ltd is an Indian service company engaged in providing digital marketing services and developing computer software and services both locally and internationally. The company operates through two segments: Digital Marketing and Software Development. Brightcom provides digital marketing solutions to businesses, agencies, and online publishers internationally. Additionally, it offers enterprise solutions, specializing in enterprise resource planning (ERP), Microsoft, and open-source system development. The company generates revenue from the sale of domestic services, export services, and software exports, with the majority of its revenue coming from the Digital Marketing segment, mainly through the sale of service exports.
82GF Score

Get the complete analysis for NSE:BCG

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

₹9.80
Price
₹15.37
GF Value