Focus Lighting and FixturesNSE:FOCUS -1.30%90 Return-on-Tangible-Equity is 15.57% as of Mar. 2026, which is 37% below its 10-year median of 24.68. GuruFocus rates NSE:FOCUS with a GF Score™ of 90/100 and a GF Value™ of ₹101.47 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 421 Furnishings, Fixtures & Appliances companies, Focus Lighting and Fixtures ranks better than 71.02% 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. Focus Lighting and Fixtures's annualized net income for the quarter that ended in Mar. 2026 was ₹226 Mil. Focus Lighting and Fixtures's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,454 Mil. Therefore, Focus Lighting and Fixtures's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.57%.
The historical rank and industry rank for Focus Lighting and Fixtures's Return-on-Tangible-Equity or its related term are showing as below:
NSE:FOCUS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.22 Med: 24.68 Max: 41.29
Current: 10.57
During the past 13 years, Focus Lighting and Fixtures's highest Return-on-Tangible-Equity was 41.29%. The lowest was -7.22%. And the median was 24.68%.
NSE:FOCUS's Return-on-Tangible-Equity is ranked better than 71.02% of 421
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.08
vs NSE:FOCUS: 10.57
Focus Lighting and Fixtures (NSE:FOCUS) 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.
Focus Lighting and Fixtures Return-on-Tangible-Equity Related Terms
Focus Lighting and Fixtures Return-on-Tangible-Equity Historical Data
* 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.
Focus Lighting and Fixtures Return-on-Tangible-Equity Chart
NSE:FOCUS vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Focus Lighting and Fixtures'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.
Focus Lighting and Fixtures Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Focus Lighting and Fixtures's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Focus Lighting and Fixtures'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 15.57% mean?
Focus Lighting and Fixtures (NSE:FOCUS) has a Return-on-Tangible-Equity of 15.57% 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 Focus Lighting and Fixtures and its competitors. This is 37% below median its historical median of 24.68. According to the industry distribution chart, Focus Lighting and Fixtures ranks #122 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 29%.
Is Focus Lighting and Fixtures' Return-on-Tangible-Equity too high?
Focus Lighting and Fixtures' current Return-on-Tangible-Equity of 15.57% is 37% below median its 10-year median of 24.68. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.08. Focus Lighting and Fixtures' value of 15.57% is 206.5% above this industry median. Based on the distribution chart, Focus Lighting and Fixtures ranks #122 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Focus Lighting and Fixtures has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Focus Lighting and Fixtures' Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Focus Lighting and Fixtures ranks #122 out of 421 companies for Return-on-Tangible-Equity. This puts Focus Lighting and Fixtures in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.08. Focus Lighting and Fixtures' value of 15.57% is 206.5% above this benchmark. While the company's 10-year median is 24.68 vs. the industry median of 5.08, Focus Lighting and Fixtures 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.08, based on 421 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. Focus Lighting and Fixtures's current Return-on-Tangible-Equity of 15.57% is 206.5% 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 Focus Lighting and Fixtures and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Focus Lighting and Fixtures's current Return-on-Tangible-Equity is 15.57%, which is 37% below median its own 10-year median of 24.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focus Lighting and Fixtures stock overvalued right now?
Based on GuruFocus' analysis, Focus Lighting and Fixtures (NSE:FOCUS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹101.47, compared to a current price of ₹81.48 — trading 19.7% below its estimated fair value. The current Return-on-Tangible-Equity is 15.57%, which is 37% below median its 10-year median of 24.68 and 206.5% above the Furnishings, Fixtures & Appliances industry median of 5.08. Focus Lighting and Fixtures' overall GF Score™ is 90/100 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 Focus Lighting and Fixtures (NSE:FOCUS), the current Return-on-Tangible-Equity is 15.57% 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 Focus Lighting and Fixtures (NSE:FOCUS) Overvalued in 2026?
Based on GuruFocus' analysis, Focus Lighting and Fixtures stock appears to be undervalued.
The current stock price of ₹81.48 is trading 19.7% below its estimated GF Value™ of ₹101.47.
GuruFocus considers Focus Lighting and Fixtures to be Modestly Undervalued.
Key valuation signals for NSE:FOCUS:
Return-on-Tangible-Equity: 15.57% (37% below median its 10-year median of 24.68)
GF Value™: ₹101.47 vs. price of ₹81.48 (19.7% below fair value)
Industry Position: 206.5% above the Furnishings, Fixtures & Appliances median (#122 of 421)
No single metric tells the full story. See the NSE:FOCUS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Focus Lighting and Fixtures Ltd provide lighting fixtures. The company has two reportable segments namely trading and manufacturing activities. It generates maximum revenue from the Trading segment. The company products include cabinet lights, lighting systems, pendants, recessed, semi-recessed, surface, track, and trimless.
90GF Score
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