Brigade EnterprisesNSE:BRIGADE +7.60%88 Return-on-Tangible-Equity is 8.59% as of Mar. 2026, which is 10% below its 10-year median of 9.59. GuruFocus rates NSE:BRIGADE with a GF Score™ of 88/100 and a GF Value™ of ₹874.28 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,717 Real Estate companies, Brigade Enterprises ranks better than 72.51% 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. Brigade Enterprises's annualized net income for the quarter that ended in Mar. 2026 was ₹5,820 Mil. Brigade Enterprises's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹67,772 Mil. Therefore, Brigade Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.59%.
The historical rank and industry rank for Brigade Enterprises's Return-on-Tangible-Equity or its related term are showing as below:
NSE:BRIGADE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.02 Med: 9.59 Max: 15.1
Current: 10.27
During the past 13 years, Brigade Enterprises's highest Return-on-Tangible-Equity was 15.10%. The lowest was -2.02%. And the median was 9.59%.
NSE:BRIGADE's Return-on-Tangible-Equity is ranked better than 72.51% of 1717
companies
in the Real Estate industry
Industry Median: 4.27
vs NSE:BRIGADE: 10.27
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.
Brigade Enterprises Return-on-Tangible-Equity Related Terms
Brigade Enterprises Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Brigade Enterprises'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 Real Estate - Development subindustry, Brigade Enterprises'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.
Brigade Enterprises Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Brigade Enterprises's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Brigade Enterprises'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 8.59% mean?
Brigade Enterprises (NSE:BRIGADE) has a Return-on-Tangible-Equity of 8.59% 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 Brigade Enterprises and its competitors. This is 10% below median its historical median of 9.59. According to the industry distribution chart, Brigade Enterprises ranks #472 out of 1717 companies in the Real Estate industry, placing it in the top 27.5%.
Is Brigade Enterprises' Return-on-Tangible-Equity too high?
Brigade Enterprises' current Return-on-Tangible-Equity of 8.59% is 10% below median its 10-year median of 9.59. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Brigade Enterprises' value of 8.59% is 101.2% above this industry median. Based on the distribution chart, Brigade Enterprises ranks #472 out of 1717 companies in the Real Estate industry, which is above the industry midpoint. Overall, Brigade Enterprises has a GF Score™ of 88/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Brigade Enterprises' Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Brigade Enterprises ranks #472 out of 1717 companies for Return-on-Tangible-Equity. This puts Brigade Enterprises in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.27. Brigade Enterprises' value of 8.59% is 101.2% above this benchmark. While the company's 10-year median is 9.59 vs. the industry median of 4.27, Brigade Enterprises 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,717 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. Brigade Enterprises's current Return-on-Tangible-Equity of 8.59% is 101.2% 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 Brigade Enterprises and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brigade Enterprises's current Return-on-Tangible-Equity is 8.59%, which is 10% below median its own 10-year median of 9.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brigade Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Brigade Enterprises (NSE:BRIGADE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹874.28, compared to a current price of ₹574.60 — trading 34.3% below its estimated fair value. The current Return-on-Tangible-Equity is 8.59%, which is 10% below median its 10-year median of 9.59 and 101.2% above the Real Estate industry median of 4.27. Brigade Enterprises' overall GF Score™ is 88/100 with 4 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 Brigade Enterprises (NSE:BRIGADE), the current Return-on-Tangible-Equity is 8.59% 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 Brigade Enterprises (NSE:BRIGADE) Overvalued in 2026?
Based on GuruFocus' analysis, Brigade Enterprises stock appears to be undervalued.
The current stock price of ₹574.60 is trading 34.3% below its estimated GF Value™ of ₹874.28.
GuruFocus considers Brigade Enterprises to be Possible Value Trap.
Key valuation signals for NSE:BRIGADE:
Return-on-Tangible-Equity: 8.59% (10% below median its 10-year median of 9.59)
GF Value™: ₹874.28 vs. price of ₹574.60 (34.3% below fair value)
Industry Position: 101.2% above the Real Estate median (#472 of 1717)
No single metric tells the full story. See the NSE:BRIGADE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brigade Enterprises Ltd is a property development company. The company's operating segments include Real Estate, Hospitality, and Leasing. The Real Estate segment which generates maximum revenue, specializes in the development of residential and commercial projects on a sale basis. The company's portfolio includes villas, penthouses, premium residences, luxury apartments, value homes, urban studios, independent living for seniors, mixed-use lifestyle enclaves, and townships.
88GF Score
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