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.
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.
Sportking IndiaNSE:SPORTKING -0.65%65 Return-on-Tangible-Equity is 11.74% as of Mar. 2026, which is 1% above its 10-year median of 11.58. GuruFocus rates NSE:SPORTKING with a GF Score™ of 65/100 and a GF Value™ of ₹101.71 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Sportking India ranks better than 73.58% 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. Sportking India's annualized net income for the quarter that ended in Mar. 2026 was ₹1,310 Mil. Sportking India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹11,158 Mil. Therefore, Sportking India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.74%.
The historical rank and industry rank for Sportking India's Return-on-Tangible-Equity or its related term are showing as below:
NSE:SPORTKING'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.03 Med: 11.58 Max: 72.81
Current: 11.4
During the past 12 years, Sportking India's highest Return-on-Tangible-Equity was 72.81%. The lowest was 5.03%. And the median was 11.58%.
NSE:SPORTKING's Return-on-Tangible-Equity is ranked better than 73.58% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.425
vs NSE:SPORTKING: 11.40
Sportking India (NSE:SPORTKING) 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.
Sportking India Return-on-Tangible-Equity Related Terms
Sportking India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sportking India'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.
Sportking India Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, Sportking India'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.
Sportking India Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sportking India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sportking India'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 11.74% mean?
Sportking India (NSE:SPORTKING) has a Return-on-Tangible-Equity of 11.74% 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 Sportking India and its competitors. This is near median its historical median of 11.58. Over the past decade, Sportking India's Return-on-Tangible-Equity has ranged from 5.03 to 72.81. According to the industry distribution chart, Sportking India ranks #269 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 26.4%.
Is Sportking India's Return-on-Tangible-Equity too high?
Sportking India's current Return-on-Tangible-Equity of 11.74% is near median its 10-year median of 11.58. Over the past 10 years, this metric has ranged from a low of 5.03 to a high of 72.81. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Sportking India's value of 11.74% is 165.3% above this industry median. Based on the distribution chart, Sportking India ranks #269 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Sportking India has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sportking India's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sportking India ranks #269 out of 1018 companies for Return-on-Tangible-Equity. This puts Sportking India in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Sportking India's value of 11.74% is 165.3% above this benchmark. Historically, Sportking India's own Return-on-Tangible-Equity has ranged from 5.03 to 72.81 over the past decade. While the company's 10-year median is 11.58 vs. the industry median of 4.43, Sportking India 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,018 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. Sportking India's current Return-on-Tangible-Equity of 11.74% is 165.3% 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 Sportking India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sportking India's current Return-on-Tangible-Equity is 11.74%, which is near median its own 10-year median of 11.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sportking India stock overvalued right now?
Based on GuruFocus' analysis, Sportking India (NSE:SPORTKING) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹101.71, compared to a current price of ₹197.21 — trading 93.9% above its estimated fair value. The current Return-on-Tangible-Equity is 11.74%, which is near median its 10-year median of 11.58 and 165.3% above the Manufacturing - Apparel & Accessories industry median of 4.43. Sportking India's overall GF Score™ is 65/100 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 Sportking India (NSE:SPORTKING), the current Return-on-Tangible-Equity is 11.74% 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 Sportking India (NSE:SPORTKING) Overvalued in 2026?
Based on GuruFocus' analysis, Sportking India stock appears to be overvalued.
The current stock price of ₹197.21 is trading 93.9% above its estimated GF Value™ of ₹101.71.
GuruFocus considers Sportking India to be Significantly Overvalued.
Key valuation signals for NSE:SPORTKING:
Return-on-Tangible-Equity: 11.74% (near median its 10-year median of 11.58)
GF Value™: ₹101.71 vs. price of ₹197.21 (93.9% above fair value)
Industry Position: 165.3% above the Manufacturing - Apparel & Accessories median (#269 of 1018)
No single metric tells the full story. See the NSE:SPORTKING stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sportking India Ltd is an India-based firm. The company is engaged in manufacturing, trading, and distribution of cotton fabrics, synthetic, blended yarns, and other related products. The company also offers knitted fabrics. The company provides its products through multi-brand channel outlets, through company-owned retail stores, as well as e-commerce stores. It operates in India as well as Outside India.
65GF Score
Get the complete analysis for NSE:SPORTKING
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:SPORTKING has been successfully added to your 
