V-Mart RetailNSE:VMART +2.25%89 Return-on-Tangible-Equity is 4.91% as of Mar. 2026, which is 45% below its 10-year median of 8.86. GuruFocus rates NSE:VMART with a GF Score™ of 89/100 and a GF Value™ of ₹890.68 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,058 Retail - Cyclical companies, V-Mart Retail ranks better than 64.74% 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. V-Mart Retail's annualized net income for the quarter that ended in Mar. 2026 was ₹451 Mil. V-Mart Retail's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹9,190 Mil. Therefore, V-Mart Retail's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.91%.
The historical rank and industry rank for V-Mart Retail's Return-on-Tangible-Equity or its related term are showing as below:
NSE:VMART'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.05 Med: 8.86 Max: 25.43
Current: 14.9
During the past 13 years, V-Mart Retail's highest Return-on-Tangible-Equity was 25.43%. The lowest was -13.05%. And the median was 8.86%.
NSE:VMART's Return-on-Tangible-Equity is ranked better than 64.74% of 1058
companies
in the Retail - Cyclical industry
Industry Median: 8.325
vs NSE:VMART: 14.90
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.
V-Mart Retail Return-on-Tangible-Equity Related Terms
V-Mart Retail Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for V-Mart Retail'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:VMART vs DDS, M: Return-on-Tangible-Equity Comparison
For the Department Stores subindustry, V-Mart Retail'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.
V-Mart Retail Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, V-Mart Retail's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where V-Mart Retail'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 4.91% mean?
V-Mart Retail (NSE:VMART) has a Return-on-Tangible-Equity of 4.91% 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 V-Mart Retail and its competitors. This is 45% below median its historical median of 8.86. According to the industry distribution chart, V-Mart Retail ranks #373 out of 1058 companies in the Retail - Cyclical industry, placing it in the top 35.3%.
Is V-Mart Retail's Return-on-Tangible-Equity too high?
V-Mart Retail's current Return-on-Tangible-Equity of 4.91% is 45% below median its 10-year median of 8.86. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.33. V-Mart Retail's value of 4.91% is 41% below this industry median. Based on the distribution chart, V-Mart Retail ranks #373 out of 1058 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, V-Mart Retail has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does V-Mart Retail's Return-on-Tangible-Equity compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, V-Mart Retail ranks #373 out of 1058 companies for Return-on-Tangible-Equity. This puts V-Mart Retail in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.33. V-Mart Retail's value of 4.91% is 41% below this benchmark. While the company's 10-year median is 8.86 vs. the industry median of 8.33, V-Mart Retail 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.33, based on 1,058 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. V-Mart Retail's current Return-on-Tangible-Equity of 4.91% is 41% 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 V-Mart Retail and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V-Mart Retail's current Return-on-Tangible-Equity is 4.91%, which is 45% below median its own 10-year median of 8.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V-Mart Retail stock overvalued right now?
Based on GuruFocus' analysis, V-Mart Retail (NSE:VMART) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹890.68, compared to a current price of ₹796.55 — trading 10.6% below its estimated fair value. The current Return-on-Tangible-Equity is 4.91%, which is 45% below median its 10-year median of 8.86 and 41% below the Retail - Cyclical industry median of 8.33. V-Mart Retail's overall GF Score™ is 89/100 with 1 warning sign 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 V-Mart Retail (NSE:VMART), the current Return-on-Tangible-Equity is 4.91% 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 V-Mart Retail (NSE:VMART) Overvalued in 2026?
Based on GuruFocus' analysis, V-Mart Retail stock appears to be undervalued.
The current stock price of ₹796.55 is trading 10.6% below its estimated GF Value™ of ₹890.68.
GuruFocus considers V-Mart Retail to be Modestly Undervalued.
Key valuation signals for NSE:VMART:
Return-on-Tangible-Equity: 4.91% (45% below median its 10-year median of 8.86)
GF Value™: ₹890.68 vs. price of ₹796.55 (10.6% below fair value)
Industry Position: 41% below the Retail - Cyclical median (#373 of 1058)
No single metric tells the full story. See the NSE:VMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
V-Mart Retail Ltd is engaged in the retailing of readymade garments, accessories, and other products. It is involved in the business of Value Retailing through the chain of stores situated in various cities in India. It provides a range of apparel and accessories for men, women, boys, girls, and toddlers. The company's general merchandise includes Footwear, Home furnishing, Kitchenware, Toys and games, Bags and luggage, and Crockery. The company has two segments: Retail Trade, which includes domestic sales to customers at stores; and the Digital Marketplace segment includes commission and other income by providing Limeroad platform to vendors. It generates a majority of its revenue from the Retail Trade segment.
89GF Score
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