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CSM TechnologiesNSE:CSM +2.71%16 Return-on-Tangible-Equity is 21.07% as of Mar. 2025, which is 10% below its 10-year median of 23.36. GuruFocus rates NSE:CSM with a GF Score™ of 16/100. Among 2,484 Software companies, CSM Technologies ranks better than 67.75% 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. CSM Technologies's annualized net income for the quarter that ended in Mar. 2025 was ₹141 Mil. CSM Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹669 Mil. Therefore, CSM Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 21.07%.
The historical rank and industry rank for CSM Technologies's Return-on-Tangible-Equity or its related term are showing as below:
NSE:CSM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 21.07 Med: 23.36 Max: 31.99
Current: 21.07
During the past 3 years, CSM Technologies's highest Return-on-Tangible-Equity was 31.99%. The lowest was 21.07%. And the median was 23.36%.
NSE:CSM's Return-on-Tangible-Equity is ranked better than 67.75% of 2484
companies
in the Software industry
Industry Median: 8.91
vs NSE:CSM: 21.07
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.
CSM Technologies Return-on-Tangible-Equity Related Terms
CSM Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CSM 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.
CSM Technologies Return-on-Tangible-Equity Chart
CSM Technologies Annual Data
Trend
Mar23
Mar24
Mar25
Return-on-Tangible-Equity
31.99
23.36
21.07
CSM Technologies Semi-Annual Data
Mar23
Mar24
Mar25
Return-on-Tangible-Equity
31.99
23.36
21.07
NSE:CSM vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, CSM 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.
CSM Technologies Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, CSM Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CSM 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. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 21.07% mean?
CSM Technologies (NSE:CSM) has a Return-on-Tangible-Equity of 21.07% as of Mar. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on CSM Technologies and its competitors. This is 10% below median its historical median of 23.36. Over the past decade, CSM Technologies' Return-on-Tangible-Equity has ranged from 21.07 to 31.99. According to the industry distribution chart, CSM Technologies ranks #801 out of 2484 companies in the Software industry, placing it in the top 32.2%.
Is CSM Technologies' Return-on-Tangible-Equity too high?
CSM Technologies' current Return-on-Tangible-Equity of 21.07% is 10% below median its 10-year median of 23.36. Over the past 10 years, this metric has ranged from a low of 21.07 to a high of 31.99. The Software industry median Return-on-Tangible-Equity is 8.91. CSM Technologies' value of 21.07% is 136.5% above this industry median. Based on the distribution chart, CSM Technologies ranks #801 out of 2484 companies in the Software industry, which is above the industry midpoint. Overall, CSM Technologies has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does CSM Technologies' Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, CSM Technologies ranks #801 out of 2484 companies for Return-on-Tangible-Equity. This puts CSM Technologies in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.91. CSM Technologies' value of 21.07% is 136.5% above this benchmark. Historically, CSM Technologies' own Return-on-Tangible-Equity has ranged from 21.07 to 31.99 over the past decade. While the company's 10-year median is 23.36 vs. the industry median of 8.91, CSM Technologies 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.91, based on 2,484 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. CSM Technologies's current Return-on-Tangible-Equity of 21.07% is 136.5% 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 CSM Technologies and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSM Technologies's current Return-on-Tangible-Equity is 21.07%, which is 10% below median its own 10-year median of 23.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSM Technologies stock overvalued right now?
CSM Technologies (NSE:CSM) has a current Return-on-Tangible-Equity of 21.07%. The current Return-on-Tangible-Equity is 21.07%, which is 10% below median its 10-year median of 23.36 and 136.5% above the Software industry median of 8.91. CSM Technologies' overall GF Score™ is 16/100. 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 CSM Technologies (NSE:CSM), the current Return-on-Tangible-Equity is 21.07% as of Mar. 2025. 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.
CSM Technologies Ltd provides a wide range of Information Technology services relating to software development, software licensing and designing with a minimal up-gradation which looks into the business need, end-to-end business solutions, creation of web enabled applications, web portals, corporate-wise process integration, business critical application, data warehousing, system integration, turnkey projects, e-Governance, community development, system integration technology and process solutions and other related services. The company serves various sectors such as mining and allied services, government & public services, agriculture and allied services, industry and trade facilitation, education, healthcare and tourism.
16GF Score
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