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Mangalam Global EnterpriseNSE:MGEL +2.57%79 Return-on-Tangible-Equity is 20.14% as of Mar. 2026, which is 58% above its 10-year median of 12.71. GuruFocus rates NSE:MGEL with a GF Score™ of 79/100 and a GF Value™ of ₹19.54 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,880 Consumer Packaged Goods companies, Mangalam Global Enterprise ranks better than 80.05% 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. Mangalam Global Enterprise's annualized net income for the quarter that ended in Mar. 2026 was ₹499 Mil. Mangalam Global Enterprise's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹2,480 Mil. Therefore, Mangalam Global Enterprise's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.14%.
The historical rank and industry rank for Mangalam Global Enterprise's Return-on-Tangible-Equity or its related term are showing as below:
NSE:MGEL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.87 Med: 12.71 Max: 109.42
Current: 20.09
During the past 10 years, Mangalam Global Enterprise's highest Return-on-Tangible-Equity was 109.42%. The lowest was 5.87%. And the median was 12.71%.
NSE:MGEL's Return-on-Tangible-Equity is ranked better than 80.05% of 1880
companies
in the Consumer Packaged Goods industry
Industry Median: 7.86
vs NSE:MGEL: 20.09
Mangalam Global Enterprise (NSE:MGEL) 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.
Mangalam Global Enterprise Return-on-Tangible-Equity Related Terms
Mangalam Global Enterprise Return-on-Tangible-Equity Historical Data
* 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.
Mangalam Global Enterprise Return-on-Tangible-Equity Chart
NSE:MGEL vs ADM, BG, TSN: Return-on-Tangible-Equity Comparison
For the Farm Products subindustry, Mangalam Global Enterprise'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.
Mangalam Global Enterprise Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Mangalam Global Enterprise's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mangalam Global Enterprise'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 20.14% mean?
Mangalam Global Enterprise (NSE:MGEL) has a Return-on-Tangible-Equity of 20.14% 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 Mangalam Global Enterprise and its competitors. This is 58% above median its historical median of 12.71. Over the past decade, Mangalam Global Enterprise's Return-on-Tangible-Equity has ranged from 5.87 to 109.42. According to the industry distribution chart, Mangalam Global Enterprise ranks #375 out of 1880 companies in the Consumer Packaged Goods industry, placing it in the top 19.9%.
Is Mangalam Global Enterprise's Return-on-Tangible-Equity too high?
Mangalam Global Enterprise's current Return-on-Tangible-Equity of 20.14% is 58% above median its 10-year median of 12.71. Over the past 10 years, this metric has ranged from a low of 5.87 to a high of 109.42. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.86. Mangalam Global Enterprise's value of 20.14% is 156.2% above this industry median. Based on the distribution chart, Mangalam Global Enterprise ranks #375 out of 1880 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Mangalam Global Enterprise has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mangalam Global Enterprise's Return-on-Tangible-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Mangalam Global Enterprise ranks #375 out of 1880 companies for Return-on-Tangible-Equity. This places Mangalam Global Enterprise in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.86. Mangalam Global Enterprise's value of 20.14% is 156.2% above this benchmark. Historically, Mangalam Global Enterprise's own Return-on-Tangible-Equity has ranged from 5.87 to 109.42 over the past decade. While the company's 10-year median is 12.71 vs. the industry median of 7.86, Mangalam Global Enterprise 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 7.86, based on 1,880 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. Mangalam Global Enterprise's current Return-on-Tangible-Equity of 20.14% is 156.2% 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 Mangalam Global Enterprise and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalam Global Enterprise's current Return-on-Tangible-Equity is 20.14%, which is 58% above median its own 10-year median of 12.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Global Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Mangalam Global Enterprise (NSE:MGEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹19.54, compared to a current price of ₹15.95 — trading 18.4% below its estimated fair value. The current Return-on-Tangible-Equity is 20.14%, which is 58% above median its 10-year median of 12.71 and 156.2% above the Consumer Packaged Goods industry median of 7.86. Mangalam Global Enterprise's overall GF Score™ is 79/100 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 Mangalam Global Enterprise (NSE:MGEL), the current Return-on-Tangible-Equity is 20.14% 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 Mangalam Global Enterprise (NSE:MGEL) Overvalued in 2026?
Based on GuruFocus' analysis, Mangalam Global Enterprise stock appears to be undervalued.
The current stock price of ₹15.95 is trading 18.4% below its estimated GF Value™ of ₹19.54.
GuruFocus considers Mangalam Global Enterprise to be Modestly Undervalued.
Key valuation signals for NSE:MGEL:
Return-on-Tangible-Equity: 20.14% (58% above median its 10-year median of 12.71)
GF Value™: ₹19.54 vs. price of ₹15.95 (18.4% below fair value)
Industry Position: 156.2% above the Consumer Packaged Goods median (#375 of 1880)
No single metric tells the full story. See the NSE:MGEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mangalam Global Enterprise Ltd is an Indian firm engaged in the manufacturing of agro-based commodities. It is involved mainly in the manufacturing, trading, and import of Edible and Non-edible oils and Agricultural products, including soya oil, soya meal, Mustard Oil, Refined Vegetable Oil, Cotton Bales, and Cotton Cake Cattle Feed, among others. The company also trades Wheat and Rice domestically, and in international markets through exports. Geographically, the company generates a majority of its revenue from its business in India and the rest from other countries.
79GF Score
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