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Updater ServicesNSE:UDS +1.30%61 Return-on-Tangible-Equity is 13.81% as of Mar. 2026, which is 28% below its 10-year median of 19.10. GuruFocus rates NSE:UDS with a GF Score™ of 61/100 and a GF Value™ of ₹331.18 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,009 Business Services companies, Updater Services ranks better than 51.83% 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. Updater Services's annualized net income for the quarter that ended in Mar. 2026 was ₹1,122 Mil. Updater Services's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹8,123 Mil. Therefore, Updater Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.81%.
The historical rank and industry rank for Updater Services's Return-on-Tangible-Equity or its related term are showing as below:
NSE:UDS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.21 Med: 19.1 Max: 27.05
Current: 11.21
During the past 7 years, Updater Services's highest Return-on-Tangible-Equity was 27.05%. The lowest was 11.21%. And the median was 19.10%.
NSE:UDS's Return-on-Tangible-Equity is ranked better than 51.83% of 1009
companies
in the Business Services industry
Industry Median: 10.71
vs NSE:UDS: 11.21
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.
Updater Services Return-on-Tangible-Equity Related Terms
Updater Services Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Updater Services'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:UDS vs CTAS, CPRT, ULS: Return-on-Tangible-Equity Comparison
For the Specialty Business Services subindustry, Updater Services'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.
Updater Services Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Updater Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Updater Services'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 13.81% mean?
Updater Services (NSE:UDS) has a Return-on-Tangible-Equity of 13.81% 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 Updater Services and its competitors. This is 28% below median its historical median of 19.10. Over the past decade, Updater Services' Return-on-Tangible-Equity has ranged from 11.21 to 27.05. According to the industry distribution chart, Updater Services ranks #486 out of 1009 companies in the Business Services industry, placing it in the top 48.2%.
Is Updater Services' Return-on-Tangible-Equity too high?
Updater Services' current Return-on-Tangible-Equity of 13.81% is 28% below median its 10-year median of 19.10. Over the past 10 years, this metric has ranged from a low of 11.21 to a high of 27.05. The Business Services industry median Return-on-Tangible-Equity is 10.71. Updater Services' value of 13.81% is 28.9% above this industry median. Based on the distribution chart, Updater Services ranks #486 out of 1009 companies in the Business Services industry, which is above the industry midpoint. Overall, Updater Services has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Updater Services' Return-on-Tangible-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Updater Services ranks #486 out of 1009 companies for Return-on-Tangible-Equity. This puts Updater Services in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.71. Updater Services' value of 13.81% is 28.9% above this benchmark. Historically, Updater Services' own Return-on-Tangible-Equity has ranged from 11.21 to 27.05 over the past decade. While the company's 10-year median is 19.10 vs. the industry median of 10.71, Updater Services 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.71, based on 1,009 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. Updater Services's current Return-on-Tangible-Equity of 13.81% is 28.9% 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 Updater Services and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Updater Services's current Return-on-Tangible-Equity is 13.81%, which is 28% below median its own 10-year median of 19.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Updater Services stock overvalued right now?
Based on GuruFocus' analysis, Updater Services (NSE:UDS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹331.18, compared to a current price of ₹193.78 — trading 41.5% below its estimated fair value. The current Return-on-Tangible-Equity is 13.81%, which is 28% below median its 10-year median of 19.10 and 28.9% above the Business Services industry median of 10.71. Updater Services' overall GF Score™ is 61/100 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 Updater Services (NSE:UDS), the current Return-on-Tangible-Equity is 13.81% 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 Updater Services (NSE:UDS) Overvalued in 2026?
Based on GuruFocus' analysis, Updater Services stock appears to be undervalued.
The current stock price of ₹193.78 is trading 41.5% below its estimated GF Value™ of ₹331.18.
GuruFocus considers Updater Services to be Significantly Undervalued.
Key valuation signals for NSE:UDS:
Return-on-Tangible-Equity: 13.81% (28% below median its 10-year median of 19.10)
GF Value™: ₹331.18 vs. price of ₹193.78 (41.5% below fair value)
Industry Position: 28.9% above the Business Services median (#486 of 1009)
No single metric tells the full story. See the NSE:UDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Updater Services Ltd is a company offering d integrated business services platform in India offering integrated facilities management (IFM) services and business support services (BSS) to the clients, with a pan-India presence. It operates in the Business-to-Business (B2B) services space offering a spectrum of business services, which are broadly classified into the two following segments which are IFM & Other Services Segment and BSS Segment.
61GF Score
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