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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.
Titan CoNSE:TITAN -0.30%94 Return-on-Tangible-Equity is 34.14% as of Mar. 2026, which is 27% above its 10-year median of 26.98. GuruFocus rates NSE:TITAN with a GF Score™ of 94/100 and a GF Value™ of ₹5,732.28 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,064 Retail - Cyclical companies, Titan Co ranks better than 86.37% 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. Titan Co's annualized net income for the quarter that ended in Mar. 2026 was ₹47,160 Mil. Titan Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹138,120 Mil. Therefore, Titan Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 34.14%.
The historical rank and industry rank for Titan Co's Return-on-Tangible-Equity or its related term are showing as below:
NSE:TITAN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.53 Med: 26.98 Max: 40.78
Current: 40.78
During the past 13 years, Titan Co's highest Return-on-Tangible-Equity was 40.78%. The lowest was 14.53%. And the median was 26.98%.
NSE:TITAN's Return-on-Tangible-Equity is ranked better than 86.37% of 1064
companies
in the Retail - Cyclical industry
Industry Median: 8.47
vs NSE:TITAN: 40.78
Titan Co (NSE:TITAN) 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.
Titan Co Return-on-Tangible-Equity Related Terms
Titan Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Titan Co'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:TITAN vs TPR: Return-on-Tangible-Equity Comparison
For the Luxury Goods subindustry, Titan Co'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.
Titan Co Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Titan Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Titan Co'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 34.14% mean?
Titan Co (NSE:TITAN) has a Return-on-Tangible-Equity of 34.14% 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 Titan Co and its competitors. This is 27% above median its historical median of 26.98. Over the past decade, Titan Co's Return-on-Tangible-Equity has ranged from 14.53 to 40.78. According to the industry distribution chart, Titan Co ranks #145 out of 1064 companies in the Retail - Cyclical industry, placing it in the top 13.6%.
Is Titan Co's Return-on-Tangible-Equity too high?
Titan Co's current Return-on-Tangible-Equity of 34.14% is 27% above median its 10-year median of 26.98. Over the past 10 years, this metric has ranged from a low of 14.53 to a high of 40.78. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.47. Titan Co's value of 34.14% is 303.1% above this industry median. Based on the distribution chart, Titan Co ranks #145 out of 1064 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Titan Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Titan Co's Return-on-Tangible-Equity compare to TPR?
According to the Retail - Cyclical industry distribution chart, Titan Co ranks #145 out of 1064 companies for Return-on-Tangible-Equity. This places Titan Co in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.47. Titan Co's value of 34.14% is 303.1% above this benchmark. Historically, Titan Co's own Return-on-Tangible-Equity has ranged from 14.53 to 40.78 over the past decade. While the company's 10-year median is 26.98 vs. the industry median of 8.47, Titan Co 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.47, based on 1,064 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. Titan Co's current Return-on-Tangible-Equity of 34.14% is 303.1% 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 Titan Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titan Co's current Return-on-Tangible-Equity is 34.14%, which is 27% above median its own 10-year median of 26.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan Co stock overvalued right now?
Based on GuruFocus' analysis, Titan Co (NSE:TITAN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹5,732.28, compared to a current price of ₹4,697.30 — trading 18.1% below its estimated fair value. The current Return-on-Tangible-Equity is 34.14%, which is 27% above median its 10-year median of 26.98 and 303.1% above the Retail - Cyclical industry median of 8.47. Titan Co's overall GF Score™ is 94/100 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 Titan Co (NSE:TITAN), the current Return-on-Tangible-Equity is 34.14% 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 Titan Co (NSE:TITAN) Overvalued in 2026?
Based on GuruFocus' analysis, Titan Co stock appears to be undervalued.
The current stock price of ₹4,697.30 is trading 18.1% below its estimated GF Value™ of ₹5,732.28.
GuruFocus considers Titan Co to be Modestly Undervalued.
Key valuation signals for NSE:TITAN:
Return-on-Tangible-Equity: 34.14% (27% above median its 10-year median of 26.98)
GF Value™: ₹5,732.28 vs. price of ₹4,697.30 (18.1% below fair value)
Industry Position: 303.1% above the Retail - Cyclical median (#145 of 1064)
No single metric tells the full story. See the NSE:TITAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Titan Co Ltd is engaged in the manufacturing and sale of watches, jewellery, eyewear, and other accessories and products. Its operating segments are watches and wearables, jewellery, eyewear, and others. The firm generates a majority of its revenue from jewellery. The company sells its products under various brands such as Fastrack, Skinn, Sonata, Zoop, Nebula, Zoya, Skinn, Tanishq, and others.
94GF Score
Get the complete analysis for NSE:TITAN
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