GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Jindal Photo Ltd (NSE:JINDALPHOT) » Definitions » Return-on-Tangible-Equity

Jindal Photo (NSE:JINDALPHOT) Return-on-Tangible-Equity : 12.09% (As of Mar. 2025)


View and export this data going back to 2005. Start your Free Trial

What is Jindal Photo Return-on-Tangible-Equity?

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. Jindal Photo's annualized net income for the quarter that ended in Mar. 2025 was ₹1,168.80 Mil. Jindal Photo's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹9,670.70 Mil. Therefore, Jindal Photo's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 12.09%.

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

NSE:JINDALPHOT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -416.68   Med: -1.96   Max: 68.61
Current: 12.19

During the past 13 years, Jindal Photo's highest Return-on-Tangible-Equity was 68.61%. The lowest was -416.68%. And the median was -1.96%.

NSE:JINDALPHOT's Return-on-Tangible-Equity is ranked better than
65.28% of 1633 companies
in the Asset Management industry
Industry Median: 7.74 vs NSE:JINDALPHOT: 12.19

Jindal Photo Return-on-Tangible-Equity Historical Data

The historical data trend for Jindal Photo'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.

* Premium members only.

Jindal Photo Return-on-Tangible-Equity Chart

Jindal Photo Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.06 68.61 8.76 12.49 14.01

Jindal Photo Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.02 8.40 21.38 4.22 12.09

Competitive Comparison of Jindal Photo's Return-on-Tangible-Equity

For the Asset Management subindustry, Jindal Photo'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.


Jindal Photo's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Jindal Photo's Return-on-Tangible-Equity distribution charts can be found below:

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


;
;

Jindal Photo Return-on-Tangible-Equity Calculation

Jindal Photo's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=2259.4/( (22593.477+9670.7 )/ 2 )
=2259.4/16132.0885
=14.01 %

Jindal Photo's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=1168.8/( (0+9670.7)/ 1 )
=1168.8/9670.7
=12.09 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Jindal Photo  (NSE:JINDALPHOT) 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.


Jindal Photo Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Jindal Photo's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Jindal Photo Business Description

Traded in Other Exchanges
Address
Sector B 1, Plot No. 12, Local Shopping Complex, Vasant Kunj, New Delhi, IND, 110070
Jindal Photo Ltd is a Core Investment Company. It holds investments mainly in power sector group companies.

Jindal Photo Headlines

No Headlines