ROX Hi-Tech (NSE:ROXHITECH) Return-on-Tangible-Equity: 13.07% (As of Mar. 2026) — 32% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:ROXHITECH ROX Hi-Tech Ltd NSE:ROXHITECH
63 GF Score
Price ₹37.80
GF Value ₹82.64
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is ROX Hi-Tech Return-on-Tangible-Equity?

ROX Hi-Tech NSE:ROXHITECH +5.00% 63 Return-on-Tangible-Equity is 13.07% as of Mar. 2026, which is 32% below its 10-year median of 19.25. GuruFocus rates NSE:ROXHITECH with a GF Score™ of 63/100 and a GF Value™ of ₹82.64 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,477 Software companies, ROX Hi-Tech ranks better than 57.37% 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. ROX Hi-Tech's annualized net income for the quarter that ended in Mar. 2026 was ₹163 Mil. ROX Hi-Tech's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,246 Mil. Therefore, ROX Hi-Tech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.07%.

The historical rank and industry rank for ROX Hi-Tech's Return-on-Tangible-Equity or its related term are showing as below:

NSE:ROXHITECH' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.07   Med: 19.25   Max: 93.45
Current: 13.56

During the past 6 years, ROX Hi-Tech's highest Return-on-Tangible-Equity was 93.45%. The lowest was 9.07%. And the median was 19.25%.

NSE:ROXHITECH's Return-on-Tangible-Equity is ranked better than
57.37% of 2477 companies
in the Software industry
Industry Median: 8.83 vs NSE:ROXHITECH: 13.56

ROX Hi-Tech  (NSE:ROXHITECH) 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.


ROX Hi-Tech Return-on-Tangible-Equity Related Terms


ROX Hi-Tech Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for ROX Hi-Tech'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.

ROX Hi-Tech Return-on-Tangible-Equity Chart

ROX Hi-Tech Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial 18.80 93.45 36.44 19.69 13.47

ROX Hi-Tech Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only 23.25 20.93 37.48 14.20 13.07

NSE:ROXHITECH vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison

For the Information Technology Services subindustry, ROX Hi-Tech'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.


ROX Hi-Tech Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, ROX Hi-Tech's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where ROX Hi-Tech's Return-on-Tangible-Equity falls into.


NSE:ROXHITECH
63GF Score
ROX Hi-Tech Ltd NSE:ROXHITECH
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ROX Hi-Tech Return-on-Tangible-Equity Calculation

ROX Hi-Tech's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=162.435/( (1100.669+1310.299 )/ 2 )
=162.435/1205.484
=13.47 %

ROX Hi-Tech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=162.836/( (1181.848+1310.299)/ 2 )
=162.836/1246.0735
=13.07 %

* 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 13.07% mean?
ROX Hi-Tech (NSE:ROXHITECH) has a Return-on-Tangible-Equity of 13.07% 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 ROX Hi-Tech and its competitors. This is 32% below median its historical median of 19.25. Over the past decade, ROX Hi-Tech's Return-on-Tangible-Equity has ranged from 9.07 to 93.45. According to the industry distribution chart, ROX Hi-Tech ranks #1056 out of 2477 companies in the Software industry, placing it in the top 42.6%.
Is ROX Hi-Tech's Return-on-Tangible-Equity too high?
ROX Hi-Tech's current Return-on-Tangible-Equity of 13.07% is 32% below median its 10-year median of 19.25. Over the past 10 years, this metric has ranged from a low of 9.07 to a high of 93.45. The Software industry median Return-on-Tangible-Equity is 8.83. ROX Hi-Tech's value of 13.07% is 48% above this industry median. Based on the distribution chart, ROX Hi-Tech ranks #1056 out of 2477 companies in the Software industry, which is above the industry midpoint. Overall, ROX Hi-Tech has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ROX Hi-Tech's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, ROX Hi-Tech ranks #1056 out of 2477 companies for Return-on-Tangible-Equity. This puts ROX Hi-Tech in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.83. ROX Hi-Tech's value of 13.07% is 48% above this benchmark. Historically, ROX Hi-Tech's own Return-on-Tangible-Equity has ranged from 9.07 to 93.45 over the past decade. While the company's 10-year median is 19.25 vs. the industry median of 8.83, ROX Hi-Tech 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.83, based on 2,477 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. ROX Hi-Tech's current Return-on-Tangible-Equity of 13.07% is 48% 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 ROX Hi-Tech and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ROX Hi-Tech's current Return-on-Tangible-Equity is 13.07%, which is 32% below median its own 10-year median of 19.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ROX Hi-Tech stock overvalued right now?
Based on GuruFocus' analysis, ROX Hi-Tech (NSE:ROXHITECH) is currently considered Possible Value Trap. The stock's GF Value™ is ₹82.64, compared to a current price of ₹37.80 — trading 54.3% below its estimated fair value. The current Return-on-Tangible-Equity is 13.07%, which is 32% below median its 10-year median of 19.25 and 48% above the Software industry median of 8.83. ROX Hi-Tech's overall GF Score™ is 63/100 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 ROX Hi-Tech (NSE:ROXHITECH), the current Return-on-Tangible-Equity is 13.07% 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 ROX Hi-Tech (NSE:ROXHITECH) Overvalued in 2026?

Based on GuruFocus' analysis, ROX Hi-Tech stock appears to be undervalued. The current stock price of ₹37.80 is trading 54.3% below its estimated GF Value™ of ₹82.64. GuruFocus considers ROX Hi-Tech to be Possible Value Trap.

Key valuation signals for NSE:ROXHITECH:

  • Return-on-Tangible-Equity: 13.07% (32% below median its 10-year median of 19.25)
  • GF Value™: ₹82.64 vs. price of ₹37.80 (54.3% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 48% above the Software median (#1056 of 2477)

No single metric tells the full story. See the NSE:ROXHITECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ROX Hi-Tech Business Description

Address Mahalingapuram Main Road, Old No.101B, New No.160, 1st & 3rd Floor, Nungambakkam, Chennai, TN, IND, 600034
ROX Hi-Tech Ltd is a customer-centric IT solutions provider committed to excellence. It offers a comprehensive range of distributed IT solutions, including consulting, enterprise and end-user computing, managed print, and network services. The company is an end-to-end IT solution provider.
63GF Score

Get the complete analysis for NSE:ROXHITECH

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹37.80
Price
₹82.64
GF Value