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.
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.
Vishal Mega MartNSE:VMM -0.66%16 Return-on-Tangible-Equity is 33.26% as of Jun. 2026, which is 13% below its 10-year median of 38.44. GuruFocus rates NSE:VMM with a GF Score™ of 16/100. Among 1,065 Retail - Cyclical companies, Vishal Mega Mart ranks better than 84.51% 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. Vishal Mega Mart's annualized net income for the quarter that ended in Jun. 2026 was ₹10,351 Mil. Vishal Mega Mart's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹31,118 Mil. Therefore, Vishal Mega Mart's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 33.26%.
The historical rank and industry rank for Vishal Mega Mart's Return-on-Tangible-Equity or its related term are showing as below:
NSE:VMM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 32.16 Med: 38.44 Max: 46.19
Current: 34.23
During the past 5 years, Vishal Mega Mart's highest Return-on-Tangible-Equity was 46.19%. The lowest was 32.16%. And the median was 38.44%.
NSE:VMM's Return-on-Tangible-Equity is ranked better than 84.51% of 1065
companies
in the Retail - Cyclical industry
Industry Median: 8.45
vs NSE:VMM: 34.23
Vishal Mega Mart (NSE:VMM) 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.
Vishal Mega Mart Return-on-Tangible-Equity Related Terms
Vishal Mega Mart Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Vishal Mega Mart'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:VMM vs DDS, M: Return-on-Tangible-Equity Comparison
For the Department Stores subindustry, Vishal Mega Mart'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.
Vishal Mega Mart Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Vishal Mega Mart's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Vishal Mega Mart'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 33.26% mean?
Vishal Mega Mart (NSE:VMM) has a Return-on-Tangible-Equity of 33.26% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Vishal Mega Mart and its competitors. This is 13% below median its historical median of 38.44. Over the past decade, Vishal Mega Mart's Return-on-Tangible-Equity has ranged from 32.16 to 46.19. According to the industry distribution chart, Vishal Mega Mart ranks #165 out of 1065 companies in the Retail - Cyclical industry, placing it in the top 15.5%.
Is Vishal Mega Mart's Return-on-Tangible-Equity too high?
Vishal Mega Mart's current Return-on-Tangible-Equity of 33.26% is 13% below median its 10-year median of 38.44. Over the past 10 years, this metric has ranged from a low of 32.16 to a high of 46.19. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.45. Vishal Mega Mart's value of 33.26% is 293.6% above this industry median. Based on the distribution chart, Vishal Mega Mart ranks #165 out of 1065 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Vishal Mega Mart has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Vishal Mega Mart's Return-on-Tangible-Equity compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Vishal Mega Mart ranks #165 out of 1065 companies for Return-on-Tangible-Equity. This places Vishal Mega Mart in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.45. Vishal Mega Mart's value of 33.26% is 293.6% above this benchmark. Historically, Vishal Mega Mart's own Return-on-Tangible-Equity has ranged from 32.16 to 46.19 over the past decade. While the company's 10-year median is 38.44 vs. the industry median of 8.45, Vishal Mega Mart 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 8.45, based on 1,065 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. Vishal Mega Mart's current Return-on-Tangible-Equity of 33.26% is 293.6% 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 Vishal Mega Mart and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vishal Mega Mart's current Return-on-Tangible-Equity is 33.26%, which is 13% below median its own 10-year median of 38.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vishal Mega Mart stock overvalued right now?
Vishal Mega Mart (NSE:VMM) has a current Return-on-Tangible-Equity of 33.26%. The current Return-on-Tangible-Equity is 33.26%, which is 13% below median its 10-year median of 38.44 and 293.6% above the Retail - Cyclical industry median of 8.45. Vishal Mega Mart's overall GF Score™ is 16/100. 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 Vishal Mega Mart (NSE:VMM), the current Return-on-Tangible-Equity is 33.26% as of Jun. 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.
Vishal Mega Mart Ltd is engaged in the wholesale and retail trade of apparel, fast-moving consumer goods, and general merchandise. The group offers products across three product categories: apparel, general merchandise, and fast-moving consumer goods through a pan-India network of nearly 645 Vishal Mega Mart stores. Its brands are Yellow Hippo, Wavelength, Brink, Home Pure, Outshine, Tandem, Home Finery, and Others. The Group operates in the reportable segment of Contract Manufacturing and Wholesale and Retail Trading.
16GF Score
Get the complete analysis for NSE:VMM
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:VMM has been successfully added to your 
