BLS International ServicesNSE:BLS +0.36%83 Return-on-Tangible-Equity is 59.50% as of Mar. 2026, which is 67% above its 10-year median of 35.59. GuruFocus rates NSE:BLS with a GF Score™ of 83/100 and a GF Value™ of ₹540.46 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,009 Business Services companies, BLS International Services ranks better than 87.71% 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. BLS International Services's annualized net income for the quarter that ended in Mar. 2026 was ₹7,112 Mil. BLS International Services's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹11,953 Mil. Therefore, BLS International Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 59.50%.
The historical rank and industry rank for BLS International Services's Return-on-Tangible-Equity or its related term are showing as below:
NSE:BLS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.7 Med: 35.59 Max: 72.92
Current: 72.24
During the past 13 years, BLS International Services's highest Return-on-Tangible-Equity was 72.92%. The lowest was 11.70%. And the median was 35.59%.
NSE:BLS's Return-on-Tangible-Equity is ranked better than 87.71% of 1009
companies
in the Business Services industry
Industry Median: 10.56
vs NSE:BLS: 72.24
BLS International Services (NSE:BLS) 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.
BLS International Services Return-on-Tangible-Equity Related Terms
BLS International Services Return-on-Tangible-Equity Historical Data
* 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.
BLS International Services Return-on-Tangible-Equity Chart
NSE:BLS vs CTAS, CPRT, ULS: Return-on-Tangible-Equity Comparison
For the Specialty Business Services subindustry, BLS International Services'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.
BLS International Services Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, BLS International Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where BLS International Services'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 59.50% mean?
BLS International Services (NSE:BLS) has a Return-on-Tangible-Equity of 59.50% 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 BLS International Services and its competitors. This is 67% above median its historical median of 35.59. Over the past decade, BLS International Services' Return-on-Tangible-Equity has ranged from 11.70 to 72.92. According to the industry distribution chart, BLS International Services ranks #124 out of 1009 companies in the Business Services industry, placing it in the top 12.3%.
Is BLS International Services' Return-on-Tangible-Equity too high?
BLS International Services' current Return-on-Tangible-Equity of 59.50% is 67% above median its 10-year median of 35.59. Over the past 10 years, this metric has ranged from a low of 11.70 to a high of 72.92. The Business Services industry median Return-on-Tangible-Equity is 10.56. BLS International Services' value of 59.50% is 463.4% above this industry median. Based on the distribution chart, BLS International Services ranks #124 out of 1009 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, BLS International Services has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BLS International Services' Return-on-Tangible-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, BLS International Services ranks #124 out of 1009 companies for Return-on-Tangible-Equity. This places BLS International Services in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.56. BLS International Services' value of 59.50% is 463.4% above this benchmark. Historically, BLS International Services' own Return-on-Tangible-Equity has ranged from 11.70 to 72.92 over the past decade. While the company's 10-year median is 35.59 vs. the industry median of 10.56, BLS International Services 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.56, based on 1,009 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. BLS International Services's current Return-on-Tangible-Equity of 59.50% is 463.4% 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 BLS International Services and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BLS International Services's current Return-on-Tangible-Equity is 59.50%, which is 67% above median its own 10-year median of 35.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BLS International Services stock overvalued right now?
Based on GuruFocus' analysis, BLS International Services (NSE:BLS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹540.46, compared to a current price of ₹253.60 — trading 53.1% below its estimated fair value. The current Return-on-Tangible-Equity is 59.50%, which is 67% above median its 10-year median of 35.59 and 463.4% above the Business Services industry median of 10.56. BLS International Services' overall GF Score™ is 83/100 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 BLS International Services (NSE:BLS), the current Return-on-Tangible-Equity is 59.50% 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 BLS International Services (NSE:BLS) Overvalued in 2026?
Based on GuruFocus' analysis, BLS International Services stock appears to be undervalued.
The current stock price of ₹253.60 is trading 53.1% below its estimated GF Value™ of ₹540.46.
GuruFocus considers BLS International Services to be Significantly Undervalued.
Key valuation signals for NSE:BLS:
Return-on-Tangible-Equity: 59.50% (67% above median its 10-year median of 35.59)
GF Value™: ₹540.46 vs. price of ₹253.60 (53.1% below fair value)
Industry Position: 463.4% above the Business Services median (#124 of 1009)
No single metric tells the full story. See the NSE:BLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BLS International Services Ltd is a provider of miscellaneous business services in India. These services include outsourcing and administrative tasks, and passport and consular services to diplomatic missions across the world. It generates the majority of its revenue from operations rendered to the Middle East. Other regions include India, South Africa, Europe, North America, and Asia-Pacific. The company's businesses include Visa/Passport and OCI Application services, attestation, BLS Visa Consultancy, and BLS Embassy Notification Services.
83GF Score
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