Spandana Sphoorty FinancialNSE:SPANDANA +0.79%69 Return-on-Tangible-Equity is 1.00% as of Mar. 2026, which is 90% below its 10-year median of 10.19. GuruFocus rates NSE:SPANDANA with a GF Score™ of 69/100 and a GF Value™ of ₹221.50 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 525 Credit Services companies, Spandana Sphoorty Financial ranks worse than 94.29% 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. Spandana Sphoorty Financial's annualized net income for the quarter that ended in Mar. 2026 was ₹211 Mil. Spandana Sphoorty Financial's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹21,087 Mil. Therefore, Spandana Sphoorty Financial's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.00%.
The historical rank and industry rank for Spandana Sphoorty Financial's Return-on-Tangible-Equity or its related term are showing as below:
NSE:SPANDANA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -33.2 Med: 10.19 Max: 80.11
Current: -30.27
During the past 12 years, Spandana Sphoorty Financial's highest Return-on-Tangible-Equity was 80.11%. The lowest was -33.20%. And the median was 10.19%.
NSE:SPANDANA's Return-on-Tangible-Equity is ranked worse than 94.29% of 525
companies
in the Credit Services industry
Industry Median: 7.01
vs NSE:SPANDANA: -30.27
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.
Spandana Sphoorty Financial Return-on-Tangible-Equity Related Terms
Spandana Sphoorty Financial Return-on-Tangible-Equity Historical Data
* 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:SPANDANA vs V, MA, AXP: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, Spandana Sphoorty Financial'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.
Spandana Sphoorty Financial Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Spandana Sphoorty Financial's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Spandana Sphoorty Financial'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 1.00% mean?
Spandana Sphoorty Financial (NSE:SPANDANA) has a Return-on-Tangible-Equity of 1.00% 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 Spandana Sphoorty Financial and its competitors. This is 90% below median its historical median of 10.19. According to the industry distribution chart, Spandana Sphoorty Financial ranks #495 out of 525 companies in the Credit Services industry, placing it in the top 94.3%.
Is Spandana Sphoorty Financial's Return-on-Tangible-Equity too high?
Spandana Sphoorty Financial's current Return-on-Tangible-Equity of 1.00% is 90% below median its 10-year median of 10.19. The Credit Services industry median Return-on-Tangible-Equity is 7.01. Spandana Sphoorty Financial's value of 1.00% is 85.7% below this industry median. Based on the distribution chart, Spandana Sphoorty Financial ranks #495 out of 525 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Spandana Sphoorty Financial has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spandana Sphoorty Financial's Return-on-Tangible-Equity compare to V and MA?
According to the Credit Services industry distribution chart, Spandana Sphoorty Financial ranks #495 out of 525 companies for Return-on-Tangible-Equity. This places Spandana Sphoorty Financial in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.01. Spandana Sphoorty Financial's value of 1.00% is 85.7% below this benchmark. While the company's 10-year median is 10.19 vs. the industry median of 7.01, Spandana Sphoorty Financial 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 Credit Services company?
The median Return-on-Tangible-Equity among Credit Services companies is 7.01, based on 525 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. Spandana Sphoorty Financial's current Return-on-Tangible-Equity of 1.00% is 85.7% 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 Spandana Sphoorty Financial and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spandana Sphoorty Financial's current Return-on-Tangible-Equity is 1.00%, which is 90% below median its own 10-year median of 10.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spandana Sphoorty Financial stock overvalued right now?
Based on GuruFocus' analysis, Spandana Sphoorty Financial (NSE:SPANDANA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹221.50, compared to a current price of ₹305.85 — trading 38.1% above its estimated fair value. The current Return-on-Tangible-Equity is 1.00%, which is 90% below median its 10-year median of 10.19 and 85.7% below the Credit Services industry median of 7.01. Spandana Sphoorty Financial's overall GF Score™ is 69/100 with 8 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 Spandana Sphoorty Financial (NSE:SPANDANA), the current Return-on-Tangible-Equity is 1.00% 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 Spandana Sphoorty Financial (NSE:SPANDANA) Overvalued in 2026?
Based on GuruFocus' analysis, Spandana Sphoorty Financial stock appears to be overvalued.
The current stock price of ₹305.85 is trading 38.1% above its estimated GF Value™ of ₹221.50.
GuruFocus considers Spandana Sphoorty Financial to be Significantly Overvalued.
Key valuation signals for NSE:SPANDANA:
Return-on-Tangible-Equity: 1.00% (90% below median its 10-year median of 10.19)
GF Value™: ₹221.50 vs. price of ₹305.85 (38.1% above fair value)
Industry Position: 85.7% below the Credit Services median (#495 of 525)
No single metric tells the full story. See the NSE:SPANDANA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spandana Sphoorty Financial Ltd is a rural-focused nonbanking financial company (NBFC) and microfinance institution (MFI) with an extensive footprint across India. Its primary objective is to provide incomegenerating loans through the joint liability group (JLG) model, focusing on supporting women from low-income rural and semi-urban households. The group is also expanding to Loan Against Property (LAP) and Nano loans through subsidiary. It has a single business segment which is financing. The company operates in India and generates key revenue from giving loans.
69GF Score
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