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EPW IndiaNSE:EPWINDIA +0.77%18 Return-on-Tangible-Equity is 47.71% as of Mar. 2026, which is 44% below its 10-year median of 85.63. GuruFocus rates NSE:EPWINDIA with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 2,385 Hardware companies, EPW India ranks better than 95.68% 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. EPW India's annualized net income for the quarter that ended in Mar. 2026 was ₹124 Mil. EPW India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹261 Mil. Therefore, EPW India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 47.71%.
The historical rank and industry rank for EPW India's Return-on-Tangible-Equity or its related term are showing as below:
NSE:EPWINDIA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 31.15 Med: 85.63 Max: 137.26
Current: 53.56
During the past 4 years, EPW India's highest Return-on-Tangible-Equity was 137.26%. The lowest was 31.15%. And the median was 85.63%.
NSE:EPWINDIA's Return-on-Tangible-Equity is ranked better than 95.68% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs NSE:EPWINDIA: 53.56
EPW India (NSE:EPWINDIA) 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.
EPW India Return-on-Tangible-Equity Related Terms
EPW India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for EPW 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.
EPW India Return-on-Tangible-Equity Chart
EPW India Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
31.15
128.42
137.26
42.84
EPW India Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
Return-on-Tangible-Equity
0.00
0.00
170.70
111.50
47.71
NSE:EPWINDIA vs SNX, ARW, AVT: Return-on-Tangible-Equity Comparison
For the Electronics & Computer Distribution subindustry, EPW 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.
EPW India Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, EPW India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where EPW 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 two times the semi-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 47.71% mean?
EPW India (NSE:EPWINDIA) has a Return-on-Tangible-Equity of 47.71% 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 EPW India and its competitors. This is 44% below median its historical median of 85.63. Over the past decade, EPW India's Return-on-Tangible-Equity has ranged from 31.15 to 137.26. According to the industry distribution chart, EPW India ranks #103 out of 2385 companies in the Hardware industry, placing it in the top 4.3%.
Is EPW India's Return-on-Tangible-Equity too high?
EPW India's current Return-on-Tangible-Equity of 47.71% is 44% below median its 10-year median of 85.63. Over the past 10 years, this metric has ranged from a low of 31.15 to a high of 137.26. The Hardware industry median Return-on-Tangible-Equity is 5.32. EPW India's value of 47.71% is 796.8% above this industry median. Based on the distribution chart, EPW India ranks #103 out of 2385 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, EPW India has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does EPW India's Return-on-Tangible-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, EPW India ranks #103 out of 2385 companies for Return-on-Tangible-Equity. This places EPW India in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.32. EPW India's value of 47.71% is 796.8% above this benchmark. Historically, EPW India's own Return-on-Tangible-Equity has ranged from 31.15 to 137.26 over the past decade. While the company's 10-year median is 85.63 vs. the industry median of 5.32, EPW 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.32, based on 2,385 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. EPW India's current Return-on-Tangible-Equity of 47.71% is 796.8% 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 EPW India and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EPW India's current Return-on-Tangible-Equity is 47.71%, which is 44% below median its own 10-year median of 85.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EPW India stock overvalued right now?
EPW India (NSE:EPWINDIA) has a current Return-on-Tangible-Equity of 47.71%. The current Return-on-Tangible-Equity is 47.71%, which is 44% below median its 10-year median of 85.63 and 796.8% above the Hardware industry median of 5.32. EPW India's overall GF Score™ is 18/100 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 EPW India (NSE:EPWINDIA), the current Return-on-Tangible-Equity is 47.71% 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.
EPW India Ltd is an IT electronics refurbishing business that supplies refurbished electronic products through both direct-to-consumer and business-to-business channels. Its operations cover the end-to-end reverse supply chain for IT assets, including the procurement of used devices, refurbishment to resale condition, and distribution to end users. The product portfolio includes laptops, desktops, Chromebooks, monitors, and related accessories, which are sold through company-operated retail outlets and an online platform. The company generates revenue from sales of refurbished laptops, desktops, monitors, accessories and new IT products (laptops, desktops, etc.).
18GF Score
Get the complete analysis for NSE:EPWINDIA
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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