The Investment Trust Of India (NSE:THEINVEST) Return-on-Tangible-Equity: 3.35% (As of Mar. 2026) — Near 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:THEINVEST The Investment Trust Of India Ltd NSE:THEINVEST
69 GF Score
Price ₹96.40
GF Value ₹118.82
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is The Investment Trust Of India Return-on-Tangible-Equity?

The Investment Trust Of India NSE:THEINVEST +1.25% 69 Return-on-Tangible-Equity is 3.35% as of Mar. 2026, which is 6% below its 10-year median of 3.56. GuruFocus rates NSE:THEINVEST with a GF Score™ of 69/100 and a GF Value™ of ₹118.82 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 782 Capital Markets companies, The Investment Trust Of India ranks worse than 58.44% 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. The Investment Trust Of India's annualized net income for the quarter that ended in Mar. 2026 was ₹246 Mil. The Investment Trust Of India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹7,331 Mil. Therefore, The Investment Trust Of India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.35%.

The historical rank and industry rank for The Investment Trust Of India's Return-on-Tangible-Equity or its related term are showing as below:

NSE:THEINVEST' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.91   Med: 3.56   Max: 15.84
Current: 4.21

During the past 13 years, The Investment Trust Of India's highest Return-on-Tangible-Equity was 15.84%. The lowest was -0.91%. And the median was 3.56%.

NSE:THEINVEST's Return-on-Tangible-Equity is ranked worse than
58.44% of 782 companies
in the Capital Markets industry
Industry Median: 6.52 vs NSE:THEINVEST: 4.21

The Investment Trust Of India  (NSE:THEINVEST) 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.


The Investment Trust Of India Return-on-Tangible-Equity Related Terms


The Investment Trust Of India Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for The Investment Trust Of 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.

The Investment Trust Of India Return-on-Tangible-Equity Chart

The Investment Trust Of India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 1.89 2.90 6.31 4.21

The Investment Trust Of India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.31 5.26 1.63 6.64 3.35

NSE:THEINVEST vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison

For the Capital Markets subindustry, The Investment Trust Of 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.


The Investment Trust Of India Return-on-Tangible-Equity vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Investment Trust Of India's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where The Investment Trust Of India's Return-on-Tangible-Equity falls into.


NSE:THEINVEST
69GF Score
The Investment Trust Of India Ltd NSE:THEINVEST
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Investment Trust Of India Return-on-Tangible-Equity Calculation

The Investment Trust Of India'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 )
=300.836/( (6959.733+7331.236 )/ 2 )
=300.836/7145.4845
=4.21 %

The Investment Trust Of India'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: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=245.796/( (0+7331.236)/ 1 )
=245.796/7331.236
=3.35 %

* 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 3.35% mean?
The Investment Trust Of India (NSE:THEINVEST) has a Return-on-Tangible-Equity of 3.35% 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 The Investment Trust Of India and its competitors. This is near median its historical median of 3.56. According to the industry distribution chart, The Investment Trust Of India ranks #457 out of 782 companies in the Capital Markets industry, placing it in the top 58.4%.
Is The Investment Trust Of India's Return-on-Tangible-Equity too high?
The Investment Trust Of India's current Return-on-Tangible-Equity of 3.35% is near median its 10-year median of 3.56. The Capital Markets industry median Return-on-Tangible-Equity is 6.52. The Investment Trust Of India's value of 3.35% is 48.6% below this industry median. Based on the distribution chart, The Investment Trust Of India ranks #457 out of 782 companies in the Capital Markets industry, which is below the industry midpoint. Overall, The Investment Trust Of India has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Investment Trust Of India's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, The Investment Trust Of India ranks #457 out of 782 companies for Return-on-Tangible-Equity. This places The Investment Trust Of India in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.52. The Investment Trust Of India's value of 3.35% is 48.6% below this benchmark. While the company's 10-year median is 3.56 vs. the industry median of 6.52, The Investment Trust Of India 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.52, based on 782 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. The Investment Trust Of India's current Return-on-Tangible-Equity of 3.35% is 48.6% 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 The Investment Trust Of India and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Investment Trust Of India's current Return-on-Tangible-Equity is 3.35%, which is near median its own 10-year median of 3.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Investment Trust Of India stock overvalued right now?
Based on GuruFocus' analysis, The Investment Trust Of India (NSE:THEINVEST) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹118.82, compared to a current price of ₹96.40 — trading 18.9% below its estimated fair value. The current Return-on-Tangible-Equity is 3.35%, which is near median its 10-year median of 3.56 and 48.6% below the Capital Markets industry median of 6.52. The Investment Trust Of India's overall GF Score™ is 69/100 with 5 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 The Investment Trust Of India (NSE:THEINVEST), the current Return-on-Tangible-Equity is 3.35% 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 The Investment Trust Of India (NSE:THEINVEST) Overvalued in 2026?

Based on GuruFocus' analysis, The Investment Trust Of India stock appears to be undervalued. The current stock price of ₹96.40 is trading 18.9% below its estimated GF Value™ of ₹118.82. GuruFocus considers The Investment Trust Of India to be Modestly Undervalued.

Key valuation signals for NSE:THEINVEST:

  • Return-on-Tangible-Equity: 3.35% (near median its 10-year median of 3.56)
  • GF Value™: ₹118.82 vs. price of ₹96.40 (18.9% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 48.6% below the Capital Markets median (#457 of 782)

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


The Investment Trust Of India Business Description

Other Exchanges 530023:India
Address 36 Dr. R. K. Shirodkar Marg, ITI House, Parel, Mumbai, MH, IND, 400012
The Investment Trust Of India Ltd, through its subsidiaries, is in the business of the corporate finance and broking spectrum in India. The company's service portfolio consists of investment banking and corporate finance activities on the capital market side as well as advisory services, broking services in the cash and future and options segments, currency derivatives, and commodities, along with offering depository services, loans, portfolio management services, and other wealth and distribution related products. The firm operates through the segments of Advisory services Investment activities and Trading Activities. The company generates the majority of its revenue from Advisory services and Investment activities.
69GF Score

Get the complete analysis for NSE:THEINVEST

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

₹96.40
Price
₹118.82
GF Value