Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Hexa Tradex's annualized net income for the quarter that ended in Mar. 2026 was ₹-132.69 Mil. Hexa Tradex's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹46,154.96 Mil. Therefore, Hexa Tradex's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -0.29%.
The historical rank and industry rank for Hexa Tradex's Return-on-Tangible-Equity or its related term are showing as below:
NSE:HEXATRADEX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.27 Med: -0.4 Max: 16.8
Current: -0.19
During the past 13 years, Hexa Tradex's highest Return-on-Tangible-Equity was 16.80%. The lowest was -18.27%. And the median was -0.40%.
NSE:HEXATRADEX's Return-on-Tangible-Equity is ranked worse than 79.32% of 527
companies
in the Credit Services industry
Industry Median: 7.05
vs NSE:HEXATRADEX: -0.19
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.
Hexa Tradex Return-on-Tangible-Equity Related Terms
Hexa Tradex Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hexa Tradex'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:HEXATRADEX vs V, MA, AXP: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, Hexa Tradex'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.
Hexa Tradex Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Hexa Tradex's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hexa Tradex'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 -0.29% mean?
Hexa Tradex (NSE:HEXATRADEX) has a Return-on-Tangible-Equity of -0.29% 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 Hexa Tradex and its competitors. According to the industry distribution chart, Hexa Tradex ranks #418 out of 527 companies in the Credit Services industry, placing it in the top 79.3%.
Is Hexa Tradex's Return-on-Tangible-Equity too high?
Hexa Tradex's current Return-on-Tangible-Equity is -0.29%. Based on the distribution chart, Hexa Tradex ranks #418 out of 527 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Hexa Tradex has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hexa Tradex's Return-on-Tangible-Equity compare to V and MA?
According to the Credit Services industry distribution chart, Hexa Tradex ranks #418 out of 527 companies for Return-on-Tangible-Equity. This places Hexa Tradex in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.05. 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 Credit Services company?
The median Return-on-Tangible-Equity among Credit Services companies is 7.05, based on 527 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. 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 Hexa Tradex and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexa Tradex's current Return-on-Tangible-Equity is -0.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexa Tradex stock overvalued right now?
Based on GuruFocus' analysis, Hexa Tradex (NSE:HEXATRADEX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹202.58, compared to a current price of ₹157.23 — trading 22.4% below its estimated fair value. The current Return-on-Tangible-Equity is -0.29%. Hexa Tradex's overall GF Score™ is 70/100 with 2 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 Hexa Tradex (NSE:HEXATRADEX), the current Return-on-Tangible-Equity is -0.29% 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 Hexa Tradex (NSE:HEXATRADEX) Overvalued in 2026?
Based on GuruFocus' analysis, Hexa Tradex stock appears to be undervalued.
The current stock price of ₹157.23 is trading 22.4% below its estimated GF Value™ of ₹202.58.
GuruFocus considers Hexa Tradex to be Modestly Undervalued.
Key valuation signals for NSE:HEXATRADEX:
Return-on-Tangible-Equity: -0.29%
GF Value™: ₹202.58 vs. price of ₹157.23 (22.4% below fair value)
No single metric tells the full story. See the NSE:HEXATRADEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hexa Tradex Ltd is an Indian based company engaged in providing of Credit Services. The company's segments include Trading activities & other activities and Investment and finance. The company acts as an import and export agent, representative, contractor, selling agent, broker for the trading of chemicals, iron & steel and related products, machinery parts and accessories, minerals, motor vehicle parts, accessories and components, non-ferrous metal and related products, and among others. The company is focused on national and international trading of good and services.
70GF Score
Get the complete analysis for NSE:HEXATRADEX
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:HEXATRADEX has been successfully added to your 
