Reliable Data ServicesNSE:RELIABLE -0.11%90 Return-on-Tangible-Equity is 7.18% as of Mar. 2026, which is 36% below its 10-year median of 11.28. GuruFocus rates NSE:RELIABLE with a GF Score™ of 90/100 and a GF Value™ of ₹148.10 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,467 Software companies, Reliable Data Services ranks better than 56.71% 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. Reliable Data Services's annualized net income for the quarter that ended in Mar. 2026 was ₹51 Mil. Reliable Data Services's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹714 Mil. Therefore, Reliable Data Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.18%.
The historical rank and industry rank for Reliable Data Services's Return-on-Tangible-Equity or its related term are showing as below:
NSE:RELIABLE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.72 Med: 11.28 Max: 22.24
Current: 13.26
During the past 13 years, Reliable Data Services's highest Return-on-Tangible-Equity was 22.24%. The lowest was 4.72%. And the median was 11.28%.
NSE:RELIABLE's Return-on-Tangible-Equity is ranked better than 56.71% of 2467
companies
in the Software industry
Industry Median: 8.82
vs NSE:RELIABLE: 13.26
Reliable Data Services (NSE:RELIABLE) 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.
Reliable Data Services Return-on-Tangible-Equity Related Terms
Reliable Data Services Return-on-Tangible-Equity Historical Data
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The historical data trend for Reliable Data Services'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.
Reliable Data Services Return-on-Tangible-Equity Chart
NSE:RELIABLE vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Reliable Data Services'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.
Reliable Data Services Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Reliable Data Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Reliable Data Services'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 7.18% mean?
Reliable Data Services (NSE:RELIABLE) has a Return-on-Tangible-Equity of 7.18% 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 Reliable Data Services and its competitors. This is 36% below median its historical median of 11.28. Over the past decade, Reliable Data Services' Return-on-Tangible-Equity has ranged from 4.72 to 22.24. According to the industry distribution chart, Reliable Data Services ranks #1068 out of 2467 companies in the Software industry, placing it in the top 43.3%.
Is Reliable Data Services' Return-on-Tangible-Equity too high?
Reliable Data Services' current Return-on-Tangible-Equity of 7.18% is 36% below median its 10-year median of 11.28. Over the past 10 years, this metric has ranged from a low of 4.72 to a high of 22.24. The Software industry median Return-on-Tangible-Equity is 8.82. Reliable Data Services' value of 7.18% is 18.6% below this industry median. Based on the distribution chart, Reliable Data Services ranks #1068 out of 2467 companies in the Software industry, which is above the industry midpoint. Overall, Reliable Data Services has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Reliable Data Services' Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Reliable Data Services ranks #1068 out of 2467 companies for Return-on-Tangible-Equity. This puts Reliable Data Services in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.82. Reliable Data Services' value of 7.18% is 18.6% below this benchmark. Historically, Reliable Data Services' own Return-on-Tangible-Equity has ranged from 4.72 to 22.24 over the past decade. While the company's 10-year median is 11.28 vs. the industry median of 8.82, Reliable Data Services 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.82, based on 2,467 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. Reliable Data Services's current Return-on-Tangible-Equity of 7.18% is 18.6% 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 Reliable Data Services and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliable Data Services's current Return-on-Tangible-Equity is 7.18%, which is 36% below median its own 10-year median of 11.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliable Data Services stock overvalued right now?
Based on GuruFocus' analysis, Reliable Data Services (NSE:RELIABLE) is currently considered Fairly Valued. The stock's GF Value™ is ₹148.10, compared to a current price of ₹145.08 — trading 2% below its estimated fair value. The current Return-on-Tangible-Equity is 7.18%, which is 36% below median its 10-year median of 11.28 and 18.6% below the Software industry median of 8.82. Reliable Data Services' overall GF Score™ is 90/100 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 Reliable Data Services (NSE:RELIABLE), the current Return-on-Tangible-Equity is 7.18% 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 Reliable Data Services (NSE:RELIABLE) Overvalued in 2026?
Based on GuruFocus' analysis, Reliable Data Services stock appears to be undervalued.
The current stock price of ₹145.08 is trading 2% below its estimated GF Value™ of ₹148.10.
GuruFocus considers Reliable Data Services to be Fairly Valued.
Key valuation signals for NSE:RELIABLE:
Return-on-Tangible-Equity: 7.18% (36% below median its 10-year median of 11.28)
GF Value™: ₹148.10 vs. price of ₹145.08 (2% below fair value)
Industry Position: 18.6% below the Software median (#1068 of 2467)
No single metric tells the full story. See the NSE:RELIABLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reliable Data Services Ltd is an India-based company that provides IT and IT-enabled services to various banking, financial services, and other manufacturing industries in the field of back-office processing, front office follow-ups, and management services. The business segments comprises of which are Banking, Financial Services and Insurance and Non-Banking, Financial Services and Insurance. The Banking, Financial Services and Insurance segment derives majority of its revenue for the company. The company provides transaction processing services and payroll services as well.
90GF Score
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