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Harrisons MalayalamNSE:HARRMALAYA +1.28%69 Return-on-Tangible-Equity is 8.83% as of Jun. 2026, which is 19% below its 10-year median of 10.91. GuruFocus rates NSE:HARRMALAYA with a GF Score™ of 69/100 and a GF Value™ of ₹219.48 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,893 Consumer Packaged Goods companies, Harrisons Malayalam ranks better than 73.32% 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. Harrisons Malayalam's annualized net income for the quarter that ended in Jun. 2026 was ₹157 Mil. Harrisons Malayalam's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹1,783 Mil. Therefore, Harrisons Malayalam's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 8.83%.
The historical rank and industry rank for Harrisons Malayalam's Return-on-Tangible-Equity or its related term are showing as below:
NSE:HARRMALAYA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.5 Med: 10.91 Max: 41.72
Current: 16.37
During the past 13 years, Harrisons Malayalam's highest Return-on-Tangible-Equity was 41.72%. The lowest was -26.50%. And the median was 10.91%.
NSE:HARRMALAYA's Return-on-Tangible-Equity is ranked better than 73.32% of 1893
companies
in the Consumer Packaged Goods industry
Industry Median: 8.12
vs NSE:HARRMALAYA: 16.37
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.
Harrisons Malayalam Return-on-Tangible-Equity Related Terms
Harrisons Malayalam Return-on-Tangible-Equity Historical Data
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The historical data trend for Harrisons Malayalam'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:HARRMALAYA vs ADM, BG, TSN: Return-on-Tangible-Equity Comparison
For the Farm Products subindustry, Harrisons Malayalam'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.
Harrisons Malayalam Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Harrisons Malayalam's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Harrisons Malayalam'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 8.83% mean?
Harrisons Malayalam (NSE:HARRMALAYA) has a Return-on-Tangible-Equity of 8.83% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Harrisons Malayalam and its competitors. This is 19% below median its historical median of 10.91. According to the industry distribution chart, Harrisons Malayalam ranks #505 out of 1893 companies in the Consumer Packaged Goods industry, placing it in the top 26.7%.
Is Harrisons Malayalam's Return-on-Tangible-Equity too high?
Harrisons Malayalam's current Return-on-Tangible-Equity of 8.83% is 19% below median its 10-year median of 10.91. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 8.12. Harrisons Malayalam's value of 8.83% is 8.7% above this industry median. Based on the distribution chart, Harrisons Malayalam ranks #505 out of 1893 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Harrisons Malayalam has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harrisons Malayalam's Return-on-Tangible-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Harrisons Malayalam ranks #505 out of 1893 companies for Return-on-Tangible-Equity. This puts Harrisons Malayalam in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.12. Harrisons Malayalam's value of 8.83% is 8.7% above this benchmark. While the company's 10-year median is 10.91 vs. the industry median of 8.12, Harrisons Malayalam 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 8.12, based on 1,893 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. Harrisons Malayalam's current Return-on-Tangible-Equity of 8.83% is 8.7% 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 Harrisons Malayalam and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 8.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harrisons Malayalam's current Return-on-Tangible-Equity is 8.83%, which is 19% below median its own 10-year median of 10.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harrisons Malayalam stock overvalued right now?
Based on GuruFocus' analysis, Harrisons Malayalam (NSE:HARRMALAYA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹219.48, compared to a current price of ₹197.20 — trading 10.2% below its estimated fair value. The current Return-on-Tangible-Equity is 8.83%, which is 19% below median its 10-year median of 10.91 and 8.7% above the Consumer Packaged Goods industry median of 8.12. Harrisons Malayalam's overall GF Score™ is 69/100 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 Harrisons Malayalam (NSE:HARRMALAYA), the current Return-on-Tangible-Equity is 8.83% as of Jun. 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 Harrisons Malayalam (NSE:HARRMALAYA) Overvalued in 2026?
Based on GuruFocus' analysis, Harrisons Malayalam stock appears to be undervalued.
The current stock price of ₹197.20 is trading 10.2% below its estimated GF Value™ of ₹219.48.
GuruFocus considers Harrisons Malayalam to be Modestly Undervalued.
Key valuation signals for NSE:HARRMALAYA:
Return-on-Tangible-Equity: 8.83% (19% below median its 10-year median of 10.91)
GF Value™: ₹219.48 vs. price of ₹197.20 (10.2% below fair value)
Industry Position: 8.7% above the Consumer Packaged Goods median (#505 of 1893)
No single metric tells the full story. See the NSE:HARRMALAYA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harrisons Malayalam Ltd is the oldest integrated agricultural company in South India with a legacy spanning over a century. The company operates through three main segments namely Tea, Rubber, and Others. It is a pioneer in corporate farming and cultivates a diverse range of crops including rubber, tea, pineapple, and various exotic horticultural products such as spices and coffee. The company operates extensive plantations and processing units across Kerala, Tamil Nadu, and Karnataka and is known for producing high-quality tea and natural rubber. It maintains a dominant presence in both domestic and international markets.
69GF Score
Get the complete analysis for NSE:HARRMALAYA
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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