Magnum VenturesNSE:MAGNUM -0.60%59 Return-on-Tangible-Equity is 3.10% as of Mar. 2026, which is 17% above its 10-year median of 2.65. GuruFocus rates NSE:MAGNUM with a GF Score™ of 59/100 and a GF Value™ of ₹27.14 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 280 Forest Products companies, Magnum Ventures ranks worse than 66.07% 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. Magnum Ventures's annualized net income for the quarter that ended in Mar. 2026 was ₹213 Mil. Magnum Ventures's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹6,868 Mil. Therefore, Magnum Ventures's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.10%.
The historical rank and industry rank for Magnum Ventures's Return-on-Tangible-Equity or its related term are showing as below:
NSE:MAGNUM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.66 Med: 2.65 Max: 26.61
Current: -1.66
During the past 13 years, Magnum Ventures's highest Return-on-Tangible-Equity was 26.61%. The lowest was -1.66%. And the median was 2.65%.
NSE:MAGNUM's Return-on-Tangible-Equity is ranked worse than 66.07% of 280
companies
in the Forest Products industry
Industry Median: 2.2
vs NSE:MAGNUM: -1.66
Magnum Ventures (NSE:MAGNUM) 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.
Magnum Ventures Return-on-Tangible-Equity Related Terms
Magnum Ventures Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Magnum Ventures'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.
Magnum Ventures Return-on-Tangible-Equity Competitor Comparison
For the Paper & Paper Products subindustry, Magnum Ventures'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.
Magnum Ventures Return-on-Tangible-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Magnum Ventures's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Magnum Ventures'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 3.10% mean?
Magnum Ventures (NSE:MAGNUM) has a Return-on-Tangible-Equity of 3.10% 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 Magnum Ventures and its competitors. This is 17% above median its historical median of 2.65. According to the industry distribution chart, Magnum Ventures ranks #185 out of 280 companies in the Forest Products industry, placing it in the top 66.1%.
Is Magnum Ventures' Return-on-Tangible-Equity too high?
Magnum Ventures' current Return-on-Tangible-Equity of 3.10% is 17% above median its 10-year median of 2.65. The Forest Products industry median Return-on-Tangible-Equity is 2.20. Magnum Ventures' value of 3.10% is 40.9% above this industry median. Based on the distribution chart, Magnum Ventures ranks #185 out of 280 companies in the Forest Products industry, which is below the industry midpoint. Overall, Magnum Ventures has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magnum Ventures' Return-on-Tangible-Equity compare to competitors?
According to the Forest Products industry distribution chart, Magnum Ventures ranks #185 out of 280 companies for Return-on-Tangible-Equity. This places Magnum Ventures in the lower half of its industry. The industry median Return-on-Tangible-Equity is 2.20. Magnum Ventures' value of 3.10% is 40.9% above this benchmark. While the company's 10-year median is 2.65 vs. the industry median of 2.20, Magnum Ventures 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.20, based on 280 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. Magnum Ventures's current Return-on-Tangible-Equity of 3.10% is 40.9% 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 Magnum Ventures and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnum Ventures's current Return-on-Tangible-Equity is 3.10%, which is 17% above median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnum Ventures stock overvalued right now?
Based on GuruFocus' analysis, Magnum Ventures (NSE:MAGNUM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹27.14, compared to a current price of ₹19.73 — trading 27.3% below its estimated fair value. The current Return-on-Tangible-Equity is 3.10%, which is 17% above median its 10-year median of 2.65 and 40.9% above the Forest Products industry median of 2.20. Magnum Ventures' overall GF Score™ is 59/100 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 Magnum Ventures (NSE:MAGNUM), the current Return-on-Tangible-Equity is 3.10% 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 Magnum Ventures (NSE:MAGNUM) Overvalued in 2026?
Based on GuruFocus' analysis, Magnum Ventures stock appears to be undervalued.
The current stock price of ₹19.73 is trading 27.3% below its estimated GF Value™ of ₹27.14.
GuruFocus considers Magnum Ventures to be Modestly Undervalued.
Key valuation signals for NSE:MAGNUM:
Return-on-Tangible-Equity: 3.10% (17% above median its 10-year median of 2.65)
GF Value™: ₹27.14 vs. price of ₹19.73 (27.3% below fair value)
Industry Position: 40.9% above the Forest Products median (#185 of 280)
No single metric tells the full story. See the NSE:MAGNUM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magnum Ventures Ltd operates in the paper industry and hotel industry. Its principal activities comprise Paper Board and Newsprint Manufacturing, and Hotel. The firm operates in two segments namely Paper Division and Hospitality Division. Its manufacturing activities cover printing and writing papers, duplex boards, wrapping, Xerox paper and packing paper. The company's hospitality division segment operates under the Country Inn and Suites brand. A majority of the firm's revenue gets dominated by the Paper division.
59GF Score
Get the complete analysis for NSE:MAGNUM
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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