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.
My Mudra FincorpNSE:MYMUDRA +3.17%21 Return-on-Tangible-Equity is 27.09% as of Mar. 2026, which is 12% below its 10-year median of 30.77. GuruFocus rates NSE:MYMUDRA with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 1,006 Business Services companies, My Mudra Fincorp ranks better than 58.35% 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. My Mudra Fincorp's annualized net income for the quarter that ended in Mar. 2026 was ₹132.6 Mil. My Mudra Fincorp's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹489.4 Mil. Therefore, My Mudra Fincorp's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 27.09%.
The historical rank and industry rank for My Mudra Fincorp's Return-on-Tangible-Equity or its related term are showing as below:
NSE:MYMUDRA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.7 Med: 30.77 Max: 64.25
Current: 13.54
During the past 5 years, My Mudra Fincorp's highest Return-on-Tangible-Equity was 64.25%. The lowest was 10.70%. And the median was 30.77%.
NSE:MYMUDRA's Return-on-Tangible-Equity is ranked better than 58.35% of 1006
companies
in the Business Services industry
Industry Median: 10.72
vs NSE:MYMUDRA: 13.54
My Mudra Fincorp (NSE:MYMUDRA) 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.
My Mudra Fincorp Return-on-Tangible-Equity Related Terms
My Mudra Fincorp Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for My Mudra Fincorp'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.
My Mudra Fincorp Return-on-Tangible-Equity Chart
My Mudra Fincorp Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
10.70
59.80
64.25
30.77
24.53
My Mudra Fincorp Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
0.00
0.00
0.00
41.96
27.09
NSE:MYMUDRA vs CTAS, CPRT, GPN: Return-on-Tangible-Equity Comparison
For the Specialty Business Services subindustry, My Mudra Fincorp'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.
My Mudra Fincorp Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, My Mudra Fincorp's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where My Mudra Fincorp'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 two times the semi-annual (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 27.09% mean?
My Mudra Fincorp (NSE:MYMUDRA) has a Return-on-Tangible-Equity of 27.09% 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 My Mudra Fincorp and its competitors. This is 12% below median its historical median of 30.77. Over the past decade, My Mudra Fincorp's Return-on-Tangible-Equity has ranged from 10.70 to 64.25. According to the industry distribution chart, My Mudra Fincorp ranks #419 out of 1006 companies in the Business Services industry, placing it in the top 41.7%.
Is My Mudra Fincorp's Return-on-Tangible-Equity too high?
My Mudra Fincorp's current Return-on-Tangible-Equity of 27.09% is 12% below median its 10-year median of 30.77. Over the past 10 years, this metric has ranged from a low of 10.70 to a high of 64.25. The Business Services industry median Return-on-Tangible-Equity is 10.72. My Mudra Fincorp's value of 27.09% is 152.7% above this industry median. Based on the distribution chart, My Mudra Fincorp ranks #419 out of 1006 companies in the Business Services industry, which is above the industry midpoint. Overall, My Mudra Fincorp has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does My Mudra Fincorp's Return-on-Tangible-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, My Mudra Fincorp ranks #419 out of 1006 companies for Return-on-Tangible-Equity. This puts My Mudra Fincorp in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.72. My Mudra Fincorp's value of 27.09% is 152.7% above this benchmark. Historically, My Mudra Fincorp's own Return-on-Tangible-Equity has ranged from 10.70 to 64.25 over the past decade. While the company's 10-year median is 30.77 vs. the industry median of 10.72, My Mudra Fincorp 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.72, based on 1,006 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. My Mudra Fincorp's current Return-on-Tangible-Equity of 27.09% is 152.7% 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 My Mudra Fincorp and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. My Mudra Fincorp's current Return-on-Tangible-Equity is 27.09%, which is 12% below median its own 10-year median of 30.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is My Mudra Fincorp stock overvalued right now?
My Mudra Fincorp (NSE:MYMUDRA) has a current Return-on-Tangible-Equity of 27.09%. The current Return-on-Tangible-Equity is 27.09%, which is 12% below median its 10-year median of 30.77 and 152.7% above the Business Services industry median of 10.72. My Mudra Fincorp's overall GF Score™ is 21/100 with 3 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 My Mudra Fincorp (NSE:MYMUDRA), the current Return-on-Tangible-Equity is 27.09% 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.
My Mudra Fincorp Ltd functions as a Channel Partner (DSA) for Banks and NBFCs operating in India. Its business model integrates tele-calling, advertising, direct marketing, referrals, networking, and a combined physical and digital (physital) marketing approach to acquire customers for the banks and NBFC's. The company provides its customers with the ability to research and compare a wide range of lending and insurance products offered by its lending and insurer partners, enhancing choice and transparency.
21GF Score
Get the complete analysis for NSE:MYMUDRA
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:MYMUDRA has been successfully added to your 
