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. Network 18 Media & Investments's annualized net income for the quarter that ended in Mar. 2026 was ₹-1,221 Mil. Network 18 Media & Investments's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹36,262 Mil. Therefore, Network 18 Media & Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -3.37%.
The historical rank and industry rank for Network 18 Media & Investments's Return-on-Tangible-Equity or its related term are showing as below:
NSE:NETWORK18'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -425.14 Med: -69.98 Max: 4.29
Current: 4.25
During the past 13 years, Network 18 Media & Investments's highest Return-on-Tangible-Equity was 4.29%. The lowest was -425.14%. And the median was -69.98%.
NSE:NETWORK18's Return-on-Tangible-Equity is ranked worse than 52.93% of 869
companies
in the Media - Diversified industry
Industry Median: 5.46
vs NSE:NETWORK18: 4.25
Network 18 Media & Investments (NSE:NETWORK18) 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.
Network 18 Media & Investments Return-on-Tangible-Equity Related Terms
Network 18 Media & Investments 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.
Network 18 Media & Investments Return-on-Tangible-Equity Chart
NSE:NETWORK18 vs NFLX, DIS, WBD: Return-on-Tangible-Equity Comparison
For the Entertainment subindustry, Network 18 Media & Investments'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.
Network 18 Media & Investments Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Network 18 Media & Investments's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Network 18 Media & Investments'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 -3.37% mean?
Network 18 Media & Investments (NSE:NETWORK18) has a Return-on-Tangible-Equity of -3.37% 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 Network 18 Media & Investments and its competitors. According to the industry distribution chart, Network 18 Media & Investments ranks #460 out of 869 companies in the Media - Diversified industry, placing it in the top 52.9%.
Is Network 18 Media & Investments' Return-on-Tangible-Equity too high?
Network 18 Media & Investments' current Return-on-Tangible-Equity is -3.37%. Based on the distribution chart, Network 18 Media & Investments ranks #460 out of 869 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Network 18 Media & Investments has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Network 18 Media & Investments' Return-on-Tangible-Equity compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Network 18 Media & Investments ranks #460 out of 869 companies for Return-on-Tangible-Equity. This places Network 18 Media & Investments in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.46. 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.46, based on 869 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. 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 Network 18 Media & Investments and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Network 18 Media & Investments's current Return-on-Tangible-Equity is -3.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Network 18 Media & Investments stock overvalued right now?
Based on GuruFocus' analysis, Network 18 Media & Investments (NSE:NETWORK18) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹14.79, compared to a current price of ₹32.63 — trading 120.6% above its estimated fair value. The current Return-on-Tangible-Equity is -3.37%. Network 18 Media & Investments' overall GF Score™ is 34/100 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 Network 18 Media & Investments (NSE:NETWORK18), the current Return-on-Tangible-Equity is -3.37% 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 Network 18 Media & Investments (NSE:NETWORK18) Overvalued in 2026?
Based on GuruFocus' analysis, Network 18 Media & Investments stock appears to be overvalued.
The current stock price of ₹32.63 is trading 120.6% above its estimated GF Value™ of ₹14.79.
GuruFocus considers Network 18 Media & Investments to be Significantly Overvalued.
Key valuation signals for NSE:NETWORK18:
Return-on-Tangible-Equity: -3.37%
GF Value™: ₹14.79 vs. price of ₹32.63 (120.6% above fair value)
No single metric tells the full story. See the NSE:NETWORK18 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Network 18 Media & Investments Business Description
Network 18 Media & Investments Ltd is a media and entertainment conglomerate. The company is engaged in activities spanning broadcasting, digital content, print, and allied businesses. It owns and operates a portfolio of television entertainment channels, sports channels, new channels, and digital platforms through brands like CNBC-TV18, News18 India, JioCinema, Colors, MTV, Moneycontrol, Firstpost, and Nickelodeon, among others. It also has a presence in the film production and movie distribution business through its studio, Viacom 18 Motion Pictures. The company operates in a single segment which is Media Operations. The company generates the majority of its revenue from Advertisement, Subscription Revenue, and Program Syndication.
34GF Score
Get the complete analysis for NSE:NETWORK18
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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