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Sigma SolveNSE:SIGMA +0.10%88 Return-on-Tangible-Equity is 27.85% as of Mar. 2026, which is 35% below its 10-year median of 42.69. GuruFocus rates NSE:SIGMA with a GF Score™ of 88/100 and a GF Value™ of ₹59.37 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,481 Software companies, Sigma Solve ranks better than 79.52% 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. Sigma Solve's annualized net income for the quarter that ended in Mar. 2026 was ₹214.6 Mil. Sigma Solve's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹770.7 Mil. Therefore, Sigma Solve's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 27.85%.
The historical rank and industry rank for Sigma Solve's Return-on-Tangible-Equity or its related term are showing as below:
NSE:SIGMA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 24.86 Med: 42.69 Max: 48.78
Current: 38
During the past 9 years, Sigma Solve's highest Return-on-Tangible-Equity was 48.78%. The lowest was 24.86%. And the median was 42.69%.
NSE:SIGMA's Return-on-Tangible-Equity is ranked better than 79.52% of 2481
companies
in the Software industry
Industry Median: 8.86
vs NSE:SIGMA: 38.00
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.
Sigma Solve Return-on-Tangible-Equity Related Terms
Sigma Solve Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sigma Solve'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:SIGMA vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Sigma Solve'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.
Sigma Solve Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Sigma Solve's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sigma Solve'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 27.85% mean?
Sigma Solve (NSE:SIGMA) has a Return-on-Tangible-Equity of 27.85% 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 Sigma Solve and its competitors. This is 35% below median its historical median of 42.69. Over the past decade, Sigma Solve's Return-on-Tangible-Equity has ranged from 24.86 to 48.78. According to the industry distribution chart, Sigma Solve ranks #508 out of 2481 companies in the Software industry, placing it in the top 20.5%.
Is Sigma Solve's Return-on-Tangible-Equity too high?
Sigma Solve's current Return-on-Tangible-Equity of 27.85% is 35% below median its 10-year median of 42.69. Over the past 10 years, this metric has ranged from a low of 24.86 to a high of 48.78. The Software industry median Return-on-Tangible-Equity is 8.86. Sigma Solve's value of 27.85% is 214.3% above this industry median. Based on the distribution chart, Sigma Solve ranks #508 out of 2481 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Sigma Solve has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sigma Solve's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Sigma Solve ranks #508 out of 2481 companies for Return-on-Tangible-Equity. This places Sigma Solve in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.86. Sigma Solve's value of 27.85% is 214.3% above this benchmark. Historically, Sigma Solve's own Return-on-Tangible-Equity has ranged from 24.86 to 48.78 over the past decade. While the company's 10-year median is 42.69 vs. the industry median of 8.86, Sigma Solve 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 8.86, based on 2,481 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. Sigma Solve's current Return-on-Tangible-Equity of 27.85% is 214.3% 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 Sigma Solve and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sigma Solve's current Return-on-Tangible-Equity is 27.85%, which is 35% below median its own 10-year median of 42.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sigma Solve stock overvalued right now?
Based on GuruFocus' analysis, Sigma Solve (NSE:SIGMA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹59.37, compared to a current price of ₹38.26 — trading 35.6% below its estimated fair value. The current Return-on-Tangible-Equity is 27.85%, which is 35% below median its 10-year median of 42.69 and 214.3% above the Software industry median of 8.86. Sigma Solve's overall GF Score™ is 88/100 with 3 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 Sigma Solve (NSE:SIGMA), the current Return-on-Tangible-Equity is 27.85% 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 Sigma Solve (NSE:SIGMA) Overvalued in 2026?
Based on GuruFocus' analysis, Sigma Solve stock appears to be undervalued.
The current stock price of ₹38.26 is trading 35.6% below its estimated GF Value™ of ₹59.37.
GuruFocus considers Sigma Solve to be Significantly Undervalued.
Key valuation signals for NSE:SIGMA:
Return-on-Tangible-Equity: 27.85% (35% below median its 10-year median of 42.69)
GF Value™: ₹59.37 vs. price of ₹38.26 (35.6% below fair value)
Industry Position: 214.3% above the Software median (#508 of 2481)
No single metric tells the full story. See the NSE:SIGMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sigma Solve Ltd is involved in providing enterprise software solutions. The company provides services related to Web and E-commerce development, Real-time application development, Business Intelligence Analytics, CRM development, Digital marketing, UI and UX design, Automation testing, and Quality assurance. The firm generates revenue from the export of services.
88GF Score
Get the complete analysis for NSE:SIGMA
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