Gretexorate ServicesNSE:GCSL -1.04%74 Return-on-Tangible-Equity is 8.10% as of Mar. 2026, which is 24% below its 10-year median of 10.66. GuruFocus rates NSE:GCSL with a GF Score™ of 74/100 and a GF Value™ of ₹683.65 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 781 Capital Markets companies, Gretexorate Services ranks better than 60.95% 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. Gretexorate Services's annualized net income for the quarter that ended in Mar. 2026 was ₹194 Mil. Gretexorate Services's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹2,398 Mil. Therefore, Gretexorate Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.10%.
The historical rank and industry rank for Gretexorate Services's Return-on-Tangible-Equity or its related term are showing as below:
NSE:GCSL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -35.51 Med: 10.66 Max: 69.64
Current: 10.06
During the past 8 years, Gretexorate Services's highest Return-on-Tangible-Equity was 69.64%. The lowest was -35.51%. And the median was 10.66%.
NSE:GCSL's Return-on-Tangible-Equity is ranked better than 60.95% of 781
companies
in the Capital Markets industry
Industry Median: 6.52
vs NSE:GCSL: 10.06
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.
Gretexorate Services Return-on-Tangible-Equity Related Terms
Gretexorate Services Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Gretexorate Services'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.
NSE:GCSL vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Gretexorate Services'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.
Gretexorate Services Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Gretexorate Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Gretexorate Services'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 8.10% mean?
Gretexorate Services (NSE:GCSL) has a Return-on-Tangible-Equity of 8.10% 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 Gretexorate Services and its competitors. This is 24% below median its historical median of 10.66. According to the industry distribution chart, Gretexorate Services ranks #305 out of 781 companies in the Capital Markets industry, placing it in the top 39.1%.
Is Gretexorate Services' Return-on-Tangible-Equity too high?
Gretexorate Services' current Return-on-Tangible-Equity of 8.10% is 24% below median its 10-year median of 10.66. The Capital Markets industry median Return-on-Tangible-Equity is 6.52. Gretexorate Services' value of 8.10% is 24.2% above this industry median. Based on the distribution chart, Gretexorate Services ranks #305 out of 781 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Gretexorate Services has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gretexorate Services' Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Gretexorate Services ranks #305 out of 781 companies for Return-on-Tangible-Equity. This puts Gretexorate Services in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.52. Gretexorate Services' value of 8.10% is 24.2% above this benchmark. While the company's 10-year median is 10.66 vs. the industry median of 6.52, Gretexorate Services 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.52, based on 781 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. Gretexorate Services's current Return-on-Tangible-Equity of 8.10% is 24.2% 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 Gretexorate Services and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gretexorate Services's current Return-on-Tangible-Equity is 8.10%, which is 24% below median its own 10-year median of 10.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gretexorate Services stock overvalued right now?
Based on GuruFocus' analysis, Gretexorate Services (NSE:GCSL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹683.65, compared to a current price of ₹486.10 — trading 28.9% below its estimated fair value. The current Return-on-Tangible-Equity is 8.10%, which is 24% below median its 10-year median of 10.66 and 24.2% above the Capital Markets industry median of 6.52. Gretexorate Services' overall GF Score™ is 74/100 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 Gretexorate Services (NSE:GCSL), the current Return-on-Tangible-Equity is 8.10% 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 Gretexorate Services (NSE:GCSL) Overvalued in 2026?
Based on GuruFocus' analysis, Gretexorate Services stock appears to be undervalued.
The current stock price of ₹486.10 is trading 28.9% below its estimated GF Value™ of ₹683.65.
GuruFocus considers Gretexorate Services to be Modestly Undervalued.
Key valuation signals for NSE:GCSL:
Return-on-Tangible-Equity: 8.10% (24% below median its 10-year median of 10.66)
GF Value™: ₹683.65 vs. price of ₹486.10 (28.9% below fair value)
Industry Position: 24.2% above the Capital Markets median (#305 of 781)
No single metric tells the full story. See the NSE:GCSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gretex Corporate Services Ltd is engaged in the business of Merchant Banking and acts as an agent of and or dealers in the securities in the course of Merchant Banking Business.
74GF Score
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