GSM Foils (NSE:GSMFOILS) Return-on-Tangible-Equity: 33.73% (As of Mar. 2026) — 103% Above Median

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NSE:GSMFOILS GSM Foils Ltd NSE:GSMFOILS
43 GF Score
Price ₹261.00
! 6 Warning Signs
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What is GSM Foils Return-on-Tangible-Equity?

GSM Foils NSE:GSMFOILS -0.93% 43 Return-on-Tangible-Equity is 33.73% as of Mar. 2026, which is 103% above its 10-year median of 16.62. GuruFocus rates NSE:GSMFOILS with a GF Score™ of 43/100. The stock has 6 warning signs investors should review. Among 758 Medical Devices & Instruments companies, GSM Foils ranks better than 90.11% 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. GSM Foils's annualized net income for the quarter that ended in Mar. 2026 was ₹251 Mil. GSM Foils's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹745 Mil. Therefore, GSM Foils's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 33.73%.

The historical rank and industry rank for GSM Foils's Return-on-Tangible-Equity or its related term are showing as below:

NSE:GSMFOILS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.16   Med: 16.62   Max: 45.66
Current: 35.41

During the past 6 years, GSM Foils's highest Return-on-Tangible-Equity was 45.66%. The lowest was 5.16%. And the median was 16.62%.

NSE:GSMFOILS's Return-on-Tangible-Equity is ranked better than
90.11% of 758 companies
in the Medical Devices & Instruments industry
Industry Median: 4.055 vs NSE:GSMFOILS: 35.41

GSM Foils  (NSE:GSMFOILS) 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.


GSM Foils Return-on-Tangible-Equity Related Terms


GSM Foils Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for GSM Foils'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.

GSM Foils Return-on-Tangible-Equity Chart

GSM Foils Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial 9.67 19.13 14.11 45.66 37.53

GSM Foils Quarterly Data
Mar21 Mar22 Mar23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.78 49.06 28.19 34.20 33.73

NSE:GSMFOILS vs ISRG, BDX, MDLN: Return-on-Tangible-Equity Comparison

For the Medical Instruments & Supplies subindustry, GSM Foils'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.


GSM Foils Return-on-Tangible-Equity vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, GSM Foils's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where GSM Foils's Return-on-Tangible-Equity falls into.


NSE:GSMFOILS
43GF Score
GSM Foils Ltd NSE:GSMFOILS
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GSM Foils Return-on-Tangible-Equity Calculation

GSM Foils's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=198.37/( (312.425+744.63 )/ 2 )
=198.37/528.5275
=37.53 %

GSM Foils's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=251.176/( (0+744.63)/ 1 )
=251.176/744.63
=33.73 %

* 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 33.73% mean?
GSM Foils (NSE:GSMFOILS) has a Return-on-Tangible-Equity of 33.73% 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 GSM Foils and its competitors. This is 103% above median its historical median of 16.62. Over the past decade, GSM Foils' Return-on-Tangible-Equity has ranged from 5.16 to 45.66. According to the industry distribution chart, GSM Foils ranks #75 out of 758 companies in the Medical Devices & Instruments industry, placing it in the top 9.9%.
Is GSM Foils' Return-on-Tangible-Equity too high?
GSM Foils' current Return-on-Tangible-Equity of 33.73% is 103% above median its 10-year median of 16.62. Over the past 10 years, this metric has ranged from a low of 5.16 to a high of 45.66. The Medical Devices & Instruments industry median Return-on-Tangible-Equity is 4.06. GSM Foils' value of 33.73% is 731.8% above this industry median. Based on the distribution chart, GSM Foils ranks #75 out of 758 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, GSM Foils has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does GSM Foils' Return-on-Tangible-Equity compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, GSM Foils ranks #75 out of 758 companies for Return-on-Tangible-Equity. This places GSM Foils in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.06. GSM Foils' value of 33.73% is 731.8% above this benchmark. Historically, GSM Foils' own Return-on-Tangible-Equity has ranged from 5.16 to 45.66 over the past decade. While the company's 10-year median is 16.62 vs. the industry median of 4.06, GSM Foils 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Equity among Medical Devices & Instruments companies is 4.06, based on 758 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. GSM Foils's current Return-on-Tangible-Equity of 33.73% is 731.8% 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 GSM Foils and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Equity is 4.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GSM Foils's current Return-on-Tangible-Equity is 33.73%, which is 103% above median its own 10-year median of 16.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSM Foils stock overvalued right now?
GSM Foils (NSE:GSMFOILS) has a current Return-on-Tangible-Equity of 33.73%. The current Return-on-Tangible-Equity is 33.73%, which is 103% above median its 10-year median of 16.62 and 731.8% above the Medical Devices & Instruments industry median of 4.06. GSM Foils' overall GF Score™ is 43/100 with 6 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 GSM Foils (NSE:GSMFOILS), the current Return-on-Tangible-Equity is 33.73% 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.

GSM Foils Business Description

Address Gala No 06, 106, 206, 306, Sapphire Building, Diamond Industrial Estate, Vasai East IE, Thane, MH, IND, 401208
GSM Foils Ltd is engaged in the business of manufacturing Blister Foils and Aluminium Pharma Foils (also known as Strip Foils) which is used in packing of pharmaceutical medicines which includes capsules and tablets both. It products includes plain and printed aluminum foils and strip foils along with alu alu base foils and it ranges from 0.020/ 0.025/ 0.030/ 0.040 micron for coated /ploy laminated/ blister/ strip printed foils. Aluminium Foil or Strip Foils are one of the packaging options for highly sensitive pharmaceutical products that protects the medicines from oxygen, moisture, and other environmental influences. Blister Foils are commonly used as unit-dose packaging for pharmaceutical tablets.
43GF Score

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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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