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Wakefit InnovationsNSE:WAKEFIT -0.26%11 Return-on-Tangible-Equity is 43.07% as of Mar. 2026. GuruFocus rates NSE:WAKEFIT with a GF Score™ of 11/100. The stock has 5 warning signs investors should review. Among 421 Furnishings, Fixtures & Appliances companies, Wakefit Innovations ranks better than 85.51% 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. Wakefit Innovations's annualized net income for the quarter that ended in Mar. 2026 was ₹4,870 Mil. Wakefit Innovations's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹11,307 Mil. Therefore, Wakefit Innovations's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 43.07%.
The historical rank and industry rank for Wakefit Innovations's Return-on-Tangible-Equity or its related term are showing as below:
NSE:WAKEFIT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.91 Med: -4.74 Max: 22.93
Current: 20.88
During the past 4 years, Wakefit Innovations's highest Return-on-Tangible-Equity was 22.93%. The lowest was -28.91%. And the median was -4.74%.
NSE:WAKEFIT's Return-on-Tangible-Equity is ranked better than 85.51% of 421
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.07
vs NSE:WAKEFIT: 20.88
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.
Wakefit Innovations Return-on-Tangible-Equity Related Terms
Wakefit Innovations Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Wakefit Innovations'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:WAKEFIT vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Wakefit Innovations'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.
Wakefit Innovations Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Wakefit Innovations's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Wakefit Innovations'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 43.07% mean?
Wakefit Innovations (NSE:WAKEFIT) has a Return-on-Tangible-Equity of 43.07% 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 Wakefit Innovations and its competitors. According to the industry distribution chart, Wakefit Innovations ranks #61 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 14.5%.
Is Wakefit Innovations' Return-on-Tangible-Equity too high?
Wakefit Innovations' current Return-on-Tangible-Equity is 43.07%. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.07. Wakefit Innovations' value of 43.07% is 749.5% above this industry median. Based on the distribution chart, Wakefit Innovations ranks #61 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Wakefit Innovations has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Wakefit Innovations' Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Wakefit Innovations ranks #61 out of 421 companies for Return-on-Tangible-Equity. This places Wakefit Innovations in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.07. Wakefit Innovations' value of 43.07% is 749.5% 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.07, based on 421 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. Wakefit Innovations's current Return-on-Tangible-Equity of 43.07% is 749.5% 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 Wakefit Innovations and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wakefit Innovations's current Return-on-Tangible-Equity is 43.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wakefit Innovations stock overvalued right now?
Wakefit Innovations (NSE:WAKEFIT) has a current Return-on-Tangible-Equity of 43.07%. The current Return-on-Tangible-Equity is 43.07% and 749.5% above the Furnishings, Fixtures & Appliances industry median of 5.07. Wakefit Innovations' overall GF Score™ is 11/100 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 Wakefit Innovations (NSE:WAKEFIT), the current Return-on-Tangible-Equity is 43.07% 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.
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