Electronics Mart IndiaNSE:EMIL +1.78%84 Return-on-Tangible-Equity is 9.79% as of Mar. 2026, which is 29% below its 10-year median of 13.80. GuruFocus rates NSE:EMIL with a GF Score™ of 84/100 and a GF Value™ of ₹177.49 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,060 Retail - Cyclical companies, Electronics Mart India ranks worse than 54.62% 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. Electronics Mart India's annualized net income for the quarter that ended in Mar. 2026 was ₹1,589 Mil. Electronics Mart India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹16,239 Mil. Therefore, Electronics Mart India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.79%.
The historical rank and industry rank for Electronics Mart India's Return-on-Tangible-Equity or its related term are showing as below:
NSE:EMIL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.8 Med: 13.8 Max: 19.11
Current: 6.83
During the past 7 years, Electronics Mart India's highest Return-on-Tangible-Equity was 19.11%. The lowest was 6.80%. And the median was 13.80%.
NSE:EMIL's Return-on-Tangible-Equity is ranked worse than 54.62% of 1060
companies
in the Retail - Cyclical industry
Industry Median: 8.34
vs NSE:EMIL: 6.83
Electronics Mart India (NSE:EMIL) 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.
Electronics Mart India Return-on-Tangible-Equity Related Terms
Electronics Mart India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Electronics Mart India'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.
Electronics Mart India Return-on-Tangible-Equity Chart
NSE:EMIL vs CASY, WSM, DKS: Return-on-Tangible-Equity Comparison
For the Specialty Retail subindustry, Electronics Mart India'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.
Electronics Mart India Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Electronics Mart India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Electronics Mart India'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 9.79% mean?
Electronics Mart India (NSE:EMIL) has a Return-on-Tangible-Equity of 9.79% 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 Electronics Mart India and its competitors. This is 29% below median its historical median of 13.80. Over the past decade, Electronics Mart India's Return-on-Tangible-Equity has ranged from 6.80 to 19.11. According to the industry distribution chart, Electronics Mart India ranks #579 out of 1060 companies in the Retail - Cyclical industry, placing it in the top 54.6%.
Is Electronics Mart India's Return-on-Tangible-Equity too high?
Electronics Mart India's current Return-on-Tangible-Equity of 9.79% is 29% below median its 10-year median of 13.80. Over the past 10 years, this metric has ranged from a low of 6.80 to a high of 19.11. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.34. Electronics Mart India's value of 9.79% is 17.4% above this industry median. Based on the distribution chart, Electronics Mart India ranks #579 out of 1060 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Electronics Mart India has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Electronics Mart India's Return-on-Tangible-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Electronics Mart India ranks #579 out of 1060 companies for Return-on-Tangible-Equity. This places Electronics Mart India in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.34. Electronics Mart India's value of 9.79% is 17.4% above this benchmark. Historically, Electronics Mart India's own Return-on-Tangible-Equity has ranged from 6.80 to 19.11 over the past decade. While the company's 10-year median is 13.80 vs. the industry median of 8.34, Electronics Mart India 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.34, based on 1,060 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. Electronics Mart India's current Return-on-Tangible-Equity of 9.79% is 17.4% 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 Electronics Mart India and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electronics Mart India's current Return-on-Tangible-Equity is 9.79%, which is 29% below median its own 10-year median of 13.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electronics Mart India stock overvalued right now?
Based on GuruFocus' analysis, Electronics Mart India (NSE:EMIL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹177.49, compared to a current price of ₹134.36 — trading 24.3% below its estimated fair value. The current Return-on-Tangible-Equity is 9.79%, which is 29% below median its 10-year median of 13.80 and 17.4% above the Retail - Cyclical industry median of 8.34. Electronics Mart India's overall GF Score™ is 84/100 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 Electronics Mart India (NSE:EMIL), the current Return-on-Tangible-Equity is 9.79% 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 Electronics Mart India (NSE:EMIL) Overvalued in 2026?
Based on GuruFocus' analysis, Electronics Mart India stock appears to be undervalued.
The current stock price of ₹134.36 is trading 24.3% below its estimated GF Value™ of ₹177.49.
GuruFocus considers Electronics Mart India to be Modestly Undervalued.
Key valuation signals for NSE:EMIL:
Return-on-Tangible-Equity: 9.79% (29% below median its 10-year median of 13.80)
GF Value™: ₹177.49 vs. price of ₹134.36 (24.3% below fair value)
Industry Position: 17.4% above the Retail - Cyclical median (#579 of 1060)
No single metric tells the full story. See the NSE:EMIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Electronics Mart India Ltd is a consumer durables and electronics retailer in India. It is engaged in the business of the sale of consumer electronics and durable products through a chain of retail and online stores. The company offers various products which include mobile devices, laptops, home and kitchen appliances, home entertainment systems, cameras, and personal care items. It operates a network of multi-brand outlets (MBOs) under the brand name Bajaj Electronics and Electronics Mart and manages exclusive brand outlets (EBOs) for various brands. Geographically, the company operates only in India. The Company operates in three segments, namely, retailing, wholesaling and e-commerce, with a sales mix of mobile, large electronics appliances and small appliances, IT & others.
84GF Score
Get the complete analysis for NSE:EMIL
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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