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Pace DigitekNSE:PACEDIGITK -1.85%16 Return-on-Tangible-Equity is 18.22% as of Mar. 2026, which is 2% above its 10-year median of 17.94. GuruFocus rates NSE:PACEDIGITK with a GF Score™ of 16/100. The stock has 6 warning signs investors should review. Among 2,383 Hardware companies, Pace Digitek ranks better than 79.19% 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. Pace Digitek's annualized net income for the quarter that ended in Mar. 2026 was ₹3,966 Mil. Pace Digitek's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹21,765 Mil. Therefore, Pace Digitek's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 18.22%.
The historical rank and industry rank for Pace Digitek's Return-on-Tangible-Equity or its related term are showing as below:
NSE:PACEDIGITK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.06 Med: 17.94 Max: 55.08
Current: 15.67
During the past 5 years, Pace Digitek's highest Return-on-Tangible-Equity was 55.08%. The lowest was 4.06%. And the median was 17.94%.
NSE:PACEDIGITK's Return-on-Tangible-Equity is ranked better than 79.19% of 2383
companies
in the Hardware industry
Industry Median: 5.4
vs NSE:PACEDIGITK: 15.67
Pace Digitek (NSE:PACEDIGITK) 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.
Pace Digitek Return-on-Tangible-Equity Related Terms
Pace Digitek Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Pace Digitek'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.
NSE:PACEDIGITK vs CSCO, MSI, HPE: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Pace Digitek'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.
Pace Digitek Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Pace Digitek's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Pace Digitek'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 18.22% mean?
Pace Digitek (NSE:PACEDIGITK) has a Return-on-Tangible-Equity of 18.22% 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 Pace Digitek and its competitors. This is near median its historical median of 17.94. Over the past decade, Pace Digitek's Return-on-Tangible-Equity has ranged from 4.06 to 55.08. According to the industry distribution chart, Pace Digitek ranks #496 out of 2383 companies in the Hardware industry, placing it in the top 20.8%.
Is Pace Digitek's Return-on-Tangible-Equity too high?
Pace Digitek's current Return-on-Tangible-Equity of 18.22% is near median its 10-year median of 17.94. Over the past 10 years, this metric has ranged from a low of 4.06 to a high of 55.08. The Hardware industry median Return-on-Tangible-Equity is 5.40. Pace Digitek's value of 18.22% is 237.4% above this industry median. Based on the distribution chart, Pace Digitek ranks #496 out of 2383 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Pace Digitek has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Pace Digitek's Return-on-Tangible-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, Pace Digitek ranks #496 out of 2383 companies for Return-on-Tangible-Equity. This places Pace Digitek in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.40. Pace Digitek's value of 18.22% is 237.4% above this benchmark. Historically, Pace Digitek's own Return-on-Tangible-Equity has ranged from 4.06 to 55.08 over the past decade. While the company's 10-year median is 17.94 vs. the industry median of 5.40, Pace Digitek 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.40, based on 2,383 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. Pace Digitek's current Return-on-Tangible-Equity of 18.22% is 237.4% 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 Pace Digitek and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pace Digitek's current Return-on-Tangible-Equity is 18.22%, which is near median its own 10-year median of 17.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pace Digitek stock overvalued right now?
Pace Digitek (NSE:PACEDIGITK) has a current Return-on-Tangible-Equity of 18.22%. The current Return-on-Tangible-Equity is 18.22%, which is near median its 10-year median of 17.94 and 237.4% above the Hardware industry median of 5.40. Pace Digitek's overall GF Score™ is 16/100 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 Pace Digitek (NSE:PACEDIGITK), the current Return-on-Tangible-Equity is 18.22% 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.
Pace Digitek Ltd is a telecom infrastructure solution provider with a focus on the telecom infrastructure industry, including telecom towers and optical fibre cables. It undertakes manufacturing, installation, and commissioning services of products at the site and undertakes operation and maintenance of the site, including tower erection and optical fiber cable laying as a turnkey solution. The company operates in three key business segments: Telecom, Energy, and Power. It has established operational presence in Maharashtra, Gujarat, Karnataka, Andhra Pradesh, Jammu and Kashmir, Uttarakhand, Assam, Manipur, Arunachal Pradesh, Mizoram, Nagaland, Sikkim, among others, along with operations in Myanmar and Africa.
16GF Score
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