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Monte Carlo FashionsNSE:MONTECARLO -6.91%82 Return-on-Tangible-Equity is 2.23% as of Mar. 2026, which is 82% below its 10-year median of 12.10. GuruFocus rates NSE:MONTECARLO with a GF Score™ of 82/100 and a GF Value™ of ₹803.53 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, Monte Carlo Fashions ranks better than 77.38% 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. Monte Carlo Fashions's annualized net income for the quarter that ended in Mar. 2026 was ₹201 Mil. Monte Carlo Fashions's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹9,029 Mil. Therefore, Monte Carlo Fashions's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.23%.
The historical rank and industry rank for Monte Carlo Fashions's Return-on-Tangible-Equity or its related term are showing as below:
NSE:MONTECARLO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.7 Med: 12.1 Max: 18.23
Current: 13.11
During the past 13 years, Monte Carlo Fashions's highest Return-on-Tangible-Equity was 18.23%. The lowest was 7.70%. And the median was 12.10%.
NSE:MONTECARLO's Return-on-Tangible-Equity is ranked better than 77.38% of 1017
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.41
vs NSE:MONTECARLO: 13.11
Monte Carlo Fashions (NSE:MONTECARLO) 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.
Monte Carlo Fashions Return-on-Tangible-Equity Related Terms
Monte Carlo Fashions Return-on-Tangible-Equity Historical Data
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The historical data trend for Monte Carlo Fashions'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.
Monte Carlo Fashions Return-on-Tangible-Equity Chart
NSE:MONTECARLO vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, Monte Carlo Fashions'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.
Monte Carlo Fashions Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Monte Carlo Fashions's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Monte Carlo Fashions'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 2.23% mean?
Monte Carlo Fashions (NSE:MONTECARLO) has a Return-on-Tangible-Equity of 2.23% 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 Monte Carlo Fashions and its competitors. This is 82% below median its historical median of 12.10. Over the past decade, Monte Carlo Fashions' Return-on-Tangible-Equity has ranged from 7.70 to 18.23. According to the industry distribution chart, Monte Carlo Fashions ranks #230 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.6%.
Is Monte Carlo Fashions' Return-on-Tangible-Equity too high?
Monte Carlo Fashions' current Return-on-Tangible-Equity of 2.23% is 82% below median its 10-year median of 12.10. Over the past 10 years, this metric has ranged from a low of 7.70 to a high of 18.23. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.41. Monte Carlo Fashions' value of 2.23% is 49.4% below this industry median. Based on the distribution chart, Monte Carlo Fashions ranks #230 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Monte Carlo Fashions has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Monte Carlo Fashions' Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Monte Carlo Fashions ranks #230 out of 1017 companies for Return-on-Tangible-Equity. This places Monte Carlo Fashions in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.41. Monte Carlo Fashions' value of 2.23% is 49.4% below this benchmark. Historically, Monte Carlo Fashions' own Return-on-Tangible-Equity has ranged from 7.70 to 18.23 over the past decade. While the company's 10-year median is 12.10 vs. the industry median of 4.41, Monte Carlo Fashions has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.41, based on 1,017 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. Monte Carlo Fashions's current Return-on-Tangible-Equity of 2.23% is 49.4% below 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 Monte Carlo Fashions and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Monte Carlo Fashions's current Return-on-Tangible-Equity is 2.23%, which is 82% below median its own 10-year median of 12.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monte Carlo Fashions stock overvalued right now?
Based on GuruFocus' analysis, Monte Carlo Fashions (NSE:MONTECARLO) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹803.53, compared to a current price of ₹500.95 — trading 37.7% below its estimated fair value. The current Return-on-Tangible-Equity is 2.23%, which is 82% below median its 10-year median of 12.10 and 49.4% below the Manufacturing - Apparel & Accessories industry median of 4.41. Monte Carlo Fashions' overall GF Score™ is 82/100 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 Monte Carlo Fashions (NSE:MONTECARLO), the current Return-on-Tangible-Equity is 2.23% 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 Monte Carlo Fashions (NSE:MONTECARLO) Overvalued in 2026?
Based on GuruFocus' analysis, Monte Carlo Fashions stock appears to be undervalued.
The current stock price of ₹500.95 is trading 37.7% below its estimated GF Value™ of ₹803.53.
GuruFocus considers Monte Carlo Fashions to be Significantly Undervalued.
Key valuation signals for NSE:MONTECARLO:
Return-on-Tangible-Equity: 2.23% (82% below median its 10-year median of 12.10)
GF Value™: ₹803.53 vs. price of ₹500.95 (37.7% below fair value)
Industry Position: 49.4% below the Manufacturing - Apparel & Accessories median (#230 of 1017)
No single metric tells the full story. See the NSE:MONTECARLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Monte Carlo Fashions Ltd is an apparel brand based in Ludhiana, Punjab, specializing in the manufacturing and retailing of woolen and cotton garments for men, women, and tweens. The company's product range includes designer woolen and cotton apparel, home textiles, and accessories. It operates through a multi-channel distribution network which includes exclusive brand outlets and multi-brand retail locations across India, alongside an expanding e-commerce presence. Monte Carlo combines in-house manufacturing facilities with high technology to design and produce seasonal collections, positioning itself in the mid-to-premium fashion segment.
82GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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