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.
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.
Net Avenue TechnologiesNSE:CBAZAAR 27 Return-on-Tangible-Equity is -40.00% as of Mar. 2026. GuruFocus rates NSE:CBAZAAR with a GF Score™ of 27/100. The stock has 6 warning signs investors should review. Among 1,066 Retail - Cyclical companies, Net Avenue Technologies ranks worse than 93.25% 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. Net Avenue Technologies's annualized net income for the quarter that ended in Mar. 2026 was ₹-20.2 Mil. Net Avenue Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹50.6 Mil. Therefore, Net Avenue Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -40.00%.
The historical rank and industry rank for Net Avenue Technologies's Return-on-Tangible-Equity or its related term are showing as below:
NSE:CBAZAAR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -50.19 Med: -32.62 Max: 140.82
Current: -40
During the past 6 years, Net Avenue Technologies's highest Return-on-Tangible-Equity was 140.82%. The lowest was -50.19%. And the median was -32.62%.
NSE:CBAZAAR's Return-on-Tangible-Equity is ranked worse than 93.25% of 1066
companies
in the Retail - Cyclical industry
Industry Median: 8.275
vs NSE:CBAZAAR: -40.00
Net Avenue Technologies (NSE:CBAZAAR) 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.
Net Avenue Technologies Return-on-Tangible-Equity Related Terms
Net Avenue Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Net Avenue 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.
Net Avenue Technologies Return-on-Tangible-Equity Chart
NSE:CBAZAAR vs AMZN, BABA, PDD: Return-on-Tangible-Equity Comparison
For the Internet Retail subindustry, Net Avenue 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.
Net Avenue Technologies Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Net Avenue Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Net Avenue 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 one times the annual (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 -40.00% mean?
Net Avenue Technologies (NSE:CBAZAAR) has a Return-on-Tangible-Equity of -40.00% 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 Net Avenue Technologies and its competitors. According to the industry distribution chart, Net Avenue Technologies ranks #994 out of 1066 companies in the Retail - Cyclical industry, placing it in the top 93.2%.
Is Net Avenue Technologies' Return-on-Tangible-Equity too high?
Net Avenue Technologies' current Return-on-Tangible-Equity is -40.00%. Based on the distribution chart, Net Avenue Technologies ranks #994 out of 1066 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Net Avenue Technologies has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Net Avenue Technologies' Return-on-Tangible-Equity compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Net Avenue Technologies ranks #994 out of 1066 companies for Return-on-Tangible-Equity. This places Net Avenue Technologies in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.28. 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.28, based on 1,066 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. 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 Net Avenue Technologies and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Net Avenue Technologies's current Return-on-Tangible-Equity is -40.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Net Avenue Technologies stock overvalued right now?
Net Avenue Technologies (NSE:CBAZAAR) has a current Return-on-Tangible-Equity of -40.00%. The current Return-on-Tangible-Equity is -40.00%. Net Avenue Technologies' overall GF Score™ is 27/100 with 6 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 Net Avenue Technologies (NSE:CBAZAAR), the current Return-on-Tangible-Equity is -40.00% 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.
Net Avenue Technologies Ltd is engaged in an online digital direct-to-consumer business for Indian Ethnic wear and accessories. Its core business sells Indian Ethnic wear and accessories, catering to the South Asian Diaspora, and its product range includes Indian ethnic wear and accessories for women, men, teens, and kids. The company distributes its products through various prominent E-commerce platforms, including but not limited to Myntra, Nykaa, and Ajio, among others. Its primary markets are the United States, the United Kingdom, Canada, Australia, and India.
27GF Score
Get the complete analysis for NSE:CBAZAAR
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:CBAZAAR has been successfully added to your 
