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Effwa Infra & ResearchNSE:EFFWA -1.55%47 Return-on-Tangible-Equity is 28.82% as of Mar. 2026, which is 1% above its 10-year median of 28.59. GuruFocus rates NSE:EFFWA with a GF Score™ of 47/100. The stock has 7 warning signs investors should review. Among 225 Waste Management companies, Effwa Infra & Research ranks better than 81.33% 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. Effwa Infra & Research's annualized net income for the quarter that ended in Mar. 2026 was ₹286 Mil. Effwa Infra & Research's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹993 Mil. Therefore, Effwa Infra & Research's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 28.82%.
The historical rank and industry rank for Effwa Infra & Research's Return-on-Tangible-Equity or its related term are showing as below:
NSE:EFFWA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 15.97 Med: 28.59 Max: 45.74
Current: 28.82
During the past 6 years, Effwa Infra & Research's highest Return-on-Tangible-Equity was 45.74%. The lowest was 15.97%. And the median was 28.59%.
NSE:EFFWA's Return-on-Tangible-Equity is ranked better than 81.33% of 225
companies
in the Waste Management industry
Industry Median: 9.67
vs NSE:EFFWA: 28.82
Effwa Infra & Research (NSE:EFFWA) 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.
Effwa Infra & Research Return-on-Tangible-Equity Related Terms
Effwa Infra & Research Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Effwa Infra & Research'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.
Effwa Infra & Research Return-on-Tangible-Equity Chart
NSE:EFFWA vs WM, RSG, WCN: Return-on-Tangible-Equity Comparison
For the Waste Management subindustry, Effwa Infra & Research'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.
Effwa Infra & Research Return-on-Tangible-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Effwa Infra & Research's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Effwa Infra & Research'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 28.82% mean?
Effwa Infra & Research (NSE:EFFWA) has a Return-on-Tangible-Equity of 28.82% 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 Effwa Infra & Research and its competitors. This is near median its historical median of 28.59. Over the past decade, Effwa Infra & Research's Return-on-Tangible-Equity has ranged from 15.97 to 45.74. According to the industry distribution chart, Effwa Infra & Research ranks #42 out of 225 companies in the Waste Management industry, placing it in the top 18.7%.
Is Effwa Infra & Research's Return-on-Tangible-Equity too high?
Effwa Infra & Research's current Return-on-Tangible-Equity of 28.82% is near median its 10-year median of 28.59. Over the past 10 years, this metric has ranged from a low of 15.97 to a high of 45.74. The Waste Management industry median Return-on-Tangible-Equity is 9.67. Effwa Infra & Research's value of 28.82% is 198% above this industry median. Based on the distribution chart, Effwa Infra & Research ranks #42 out of 225 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Effwa Infra & Research has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Effwa Infra & Research's Return-on-Tangible-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Effwa Infra & Research ranks #42 out of 225 companies for Return-on-Tangible-Equity. This places Effwa Infra & Research in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.67. Effwa Infra & Research's value of 28.82% is 198% above this benchmark. Historically, Effwa Infra & Research's own Return-on-Tangible-Equity has ranged from 15.97 to 45.74 over the past decade. While the company's 10-year median is 28.59 vs. the industry median of 9.67, Effwa Infra & Research 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 Waste Management company?
The median Return-on-Tangible-Equity among Waste Management companies is 9.67, based on 225 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. Effwa Infra & Research's current Return-on-Tangible-Equity of 28.82% is 198% 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 Effwa Infra & Research and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 9.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Effwa Infra & Research's current Return-on-Tangible-Equity is 28.82%, which is near median its own 10-year median of 28.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Effwa Infra & Research stock overvalued right now?
Effwa Infra & Research (NSE:EFFWA) has a current Return-on-Tangible-Equity of 28.82%. The current Return-on-Tangible-Equity is 28.82%, which is near median its 10-year median of 28.59 and 198% above the Waste Management industry median of 9.67. Effwa Infra & Research's overall GF Score™ is 47/100 with 7 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 Effwa Infra & Research (NSE:EFFWA), the current Return-on-Tangible-Equity is 28.82% 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.
Effwa Infra & Research Ltd is engaged in the business of engineering, consultancy, procurement, construction and integrated project management services in water pollution control, encompassing sewage and industrial effluent treatment, solid waste treatment and disposal, ventilation systems, hazardous waste management, and water treatment plants. The company also functions as consultants and advisors, providing a range of services encompassing project organisation, management, equipment procurement, funding, and project execution.
47GF Score
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