Nu Tek India (NSE:NUTEK) Return-on-Tangible-Equity: 0.63% (As of Jun. 2017)

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What is Nu Tek India Return-on-Tangible-Equity?

Nu Tek India NSE:NUTEK Return-on-Tangible-Equity is 0.63% as of Jun. 2017.

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. Nu Tek India's annualized net income for the quarter that ended in Jun. 2017 was ₹38.9 Mil. Nu Tek India's average shareholder tangible equity for the quarter that ended in Jun. 2017 was ₹6,176.2 Mil. Therefore, Nu Tek India's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2017 was 0.63%.

The historical rank and industry rank for Nu Tek India's Return-on-Tangible-Equity or its related term are showing as below:

NSE:NUTEK's Return-on-Tangible-Equity is not ranked *
in the Telecommunication Services industry.
Industry Median: 13.99
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Nu Tek India  (NSE:NUTEK) 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.


Nu Tek India Return-on-Tangible-Equity Related Terms


Nu Tek India Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Nu Tek India'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.

Nu Tek India Return-on-Tangible-Equity Chart

Nu Tek India Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 -5.23 -0.70 -1.99 -0.14

Nu Tek India Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.28 -0.50 0.05 1.21 0.63

NSE:NUTEK vs TWER, FULO, CUEN: Return-on-Tangible-Equity Comparison

For the Telecom Services subindustry, Nu Tek India'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.


Nu Tek India Return-on-Tangible-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Nu Tek India's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Nu Tek India's Return-on-Tangible-Equity falls into.



Nu Tek India Return-on-Tangible-Equity Calculation

Nu Tek India's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2017 )  (A: Mar. 2016 )(A: Mar. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2017 )  (A: Mar. 2016 )(A: Mar. 2017 )
=-8.7/( (6279.6+6176.2 )/ 2 )
=-8.7/6227.9
=-0.14 %

Nu Tek India's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=38.888/( (6176.2+0)/ 1 )
=38.888/6176.2
=0.63 %

* 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 (Jun. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.63% mean?
Nu Tek India (NSE:NUTEK) has a Return-on-Tangible-Equity of 0.63% as of Jun. 2017. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nu Tek India and its competitors.
Is Nu Tek India's Return-on-Tangible-Equity too high?
Nu Tek India's current Return-on-Tangible-Equity is 0.63%. The Telecommunication Services industry median Return-on-Tangible-Equity is 13.99. Nu Tek India's value of 0.63% is 95.5% below this industry median.
How does Nu Tek India's Return-on-Tangible-Equity compare to TWER and FULO?
Nu Tek India's Return-on-Tangible-Equity of 0.63% can be compared against companies in the Telecommunication Services industry. The industry median Return-on-Tangible-Equity is 13.99. Nu Tek India's value of 0.63% is 95.5% below this benchmark. 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 Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 13.99, based on 325 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. Nu Tek India's current Return-on-Tangible-Equity of 0.63% is 95.5% 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 Nu Tek India and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 13.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nu Tek India's current Return-on-Tangible-Equity is 0.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nu Tek India stock overvalued right now?
Nu Tek India (NSE:NUTEK) has a current Return-on-Tangible-Equity of 0.63%. The current Return-on-Tangible-Equity is 0.63% and 95.5% below the Telecommunication Services industry median of 13.99. 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 Nu Tek India (NSE:NUTEK), the current Return-on-Tangible-Equity is 0.63% as of Jun. 2017. 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.

Nu Tek India Business Description

Address B-27, Infocity, Sector - 34, Gurgaon, HR, IND, 122001
Nu Tek India Ltd is an India based company. It is a telecom infrastructure services company providing solutions for wireless and fixed telecom networks. The business operates in various segments that include Turnkey Site Build, which provides site identification and designing, to installation of towers and other ancillary passive equipment; Active Equipment Implementations, which provide services like installation, commissioning and integration of active telecom equipment for wireless, wire-line and optical technologies; Technical Support Services, which provide services in high-end telecom engineering; and Operations and Maintenance; which provide maintenance services for passive telecom infrastructure.