Vishwas Agri Seeds (NSE:VISHWAS) Return-on-Tangible-Equity: 54.39% (As of Sep. 2023)


NSE:VISHWAS Vishwas Agri Seeds Ltd NSE:VISHWAS
14 GF Score
Price ₹48.35
View Full Analysis

What is Vishwas Agri Seeds Return-on-Tangible-Equity?

Vishwas Agri Seeds NSE:VISHWAS 14 Return-on-Tangible-Equity is 54.39% as of Sep. 2023. GuruFocus rates NSE:VISHWAS with a GF Score™ of 14/100.

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. Vishwas Agri Seeds's annualized net income for the quarter that ended in Sep. 2023 was ₹90.2 Mil. Vishwas Agri Seeds's average shareholder tangible equity for the quarter that ended in Sep. 2023 was ₹165.8 Mil. Therefore, Vishwas Agri Seeds's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was 54.39%.

The historical rank and industry rank for Vishwas Agri Seeds's Return-on-Tangible-Equity or its related term are showing as below:

NSE:VISHWAS's Return-on-Tangible-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.78
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Vishwas Agri Seeds  (NSE:VISHWAS) 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.


Vishwas Agri Seeds Return-on-Tangible-Equity Related Terms


Vishwas Agri Seeds Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Vishwas Agri Seeds'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.

Vishwas Agri Seeds Return-on-Tangible-Equity Chart

Vishwas Agri Seeds Annual Data
Trend Mar21 Mar22 Mar23
Return-on-Tangible-Equity
57.92 72.97 55.88

Vishwas Agri Seeds Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Return-on-Tangible-Equity 0.00 0.00 0.00 54.39

NSE:VISHWAS vs ADM, TSN, BG: Return-on-Tangible-Equity Comparison

For the Farm Products subindustry, Vishwas Agri Seeds'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.


Vishwas Agri Seeds Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vishwas Agri Seeds's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Vishwas Agri Seeds's Return-on-Tangible-Equity falls into.


NSE:VISHWAS
14GF Score
Vishwas Agri Seeds Ltd NSE:VISHWAS
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vishwas Agri Seeds Return-on-Tangible-Equity Calculation

Vishwas Agri Seeds's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=53.414/( (47.875+143.289 )/ 2 )
=53.414/95.582
=55.88 %

Vishwas Agri Seeds's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=90.202/( (143.289+188.39)/ 2 )
=90.202/165.8395
=54.39 %

* 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 two times the semi-annual (Sep. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 54.39% mean?
Vishwas Agri Seeds (NSE:VISHWAS) has a Return-on-Tangible-Equity of 54.39% as of Sep. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Vishwas Agri Seeds and its competitors.
Is Vishwas Agri Seeds' Return-on-Tangible-Equity too high?
Vishwas Agri Seeds' current Return-on-Tangible-Equity is 54.39%. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.78. Vishwas Agri Seeds' value of 54.39% is 599.1% above this industry median. Overall, Vishwas Agri Seeds has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Vishwas Agri Seeds' Return-on-Tangible-Equity compare to ADM and TSN?
Vishwas Agri Seeds' Return-on-Tangible-Equity of 54.39% can be compared against companies in the Consumer Packaged Goods industry. The industry median Return-on-Tangible-Equity is 7.78. Vishwas Agri Seeds' value of 54.39% is 599.1% above this benchmark. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.78, based on 1,878 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. Vishwas Agri Seeds's current Return-on-Tangible-Equity of 54.39% is 599.1% 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 Vishwas Agri Seeds and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vishwas Agri Seeds's current Return-on-Tangible-Equity is 54.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vishwas Agri Seeds stock overvalued right now?
Vishwas Agri Seeds (NSE:VISHWAS) has a current Return-on-Tangible-Equity of 54.39%. The current Return-on-Tangible-Equity is 54.39% and 599.1% above the Consumer Packaged Goods industry median of 7.78. Vishwas Agri Seeds' overall GF Score™ is 14/100. 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 Vishwas Agri Seeds (NSE:VISHWAS), the current Return-on-Tangible-Equity is 54.39% as of Sep. 2023. 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.

Vishwas Agri Seeds Business Description

Address Gangad Road, Near Toll Tax, S. No. 460, Bhayla, Bavla, Ahmedabad, GJ, IND, 382220
Vishwas Agri Seeds Ltd seeds processing company. It produced seeds for more than 40 different field crops, vegetables that portfolio includes crop seeds for Groundnut, Soyabin, Wheat, Cumin, Green Gram, Black Gram Research Hybrid seeds for Cotton, Castol, Pearl Millet, Maize, hybrid vegitable seeds Chilli, Tomato, Brinjal, Watermelon, Sweet Corn, cabbage, Onion, Coriander Seeds, Fenugreek, Mustard, Lucern, Carrot, etc.
14GF Score

Get the complete analysis for NSE:VISHWAS

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

₹48.35
Price