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Zeal Global ServicesNSE:ZEAL -2.29%58 Return-on-Tangible-Equity is 19.60% as of Mar. 2026, which is 46% below its 10-year median of 36.33. GuruFocus rates NSE:ZEAL with a GF Score™ of 58/100 and a GF Value™ of ₹200.38 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 978 Transportation companies, Zeal Global Services ranks better than 75.26% 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. Zeal Global Services's annualized net income for the quarter that ended in Mar. 2026 was ₹131 Mil. Zeal Global Services's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹666 Mil. Therefore, Zeal Global Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.60%.
The historical rank and industry rank for Zeal Global Services's Return-on-Tangible-Equity or its related term are showing as below:
NSE:ZEAL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 17.47 Med: 36.33 Max: 76.87
Current: 17.64
During the past 7 years, Zeal Global Services's highest Return-on-Tangible-Equity was 76.87%. The lowest was 17.47%. And the median was 36.33%.
NSE:ZEAL's Return-on-Tangible-Equity is ranked better than 75.26% of 978
companies
in the Transportation industry
Industry Median: 8.985
vs NSE:ZEAL: 17.64
Zeal Global Services (NSE:ZEAL) 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.
Zeal Global Services Return-on-Tangible-Equity Related Terms
Zeal Global Services Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Zeal Global 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.
Zeal Global Services Return-on-Tangible-Equity Chart
NSE:ZEAL vs UPS, FDX, JBHT: Return-on-Tangible-Equity Comparison
For the Integrated Freight & Logistics subindustry, Zeal Global 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.
Zeal Global Services Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Zeal Global Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zeal Global 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 two times the semi-annual (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 19.60% mean?
Zeal Global Services (NSE:ZEAL) has a Return-on-Tangible-Equity of 19.60% 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 Zeal Global Services and its competitors. This is 46% below median its historical median of 36.33. Over the past decade, Zeal Global Services' Return-on-Tangible-Equity has ranged from 17.47 to 76.87. According to the industry distribution chart, Zeal Global Services ranks #242 out of 978 companies in the Transportation industry, placing it in the top 24.7%.
Is Zeal Global Services' Return-on-Tangible-Equity too high?
Zeal Global Services' current Return-on-Tangible-Equity of 19.60% is 46% below median its 10-year median of 36.33. Over the past 10 years, this metric has ranged from a low of 17.47 to a high of 76.87. The Transportation industry median Return-on-Tangible-Equity is 8.99. Zeal Global Services' value of 19.60% is 118.1% above this industry median. Based on the distribution chart, Zeal Global Services ranks #242 out of 978 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Zeal Global Services has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zeal Global Services' Return-on-Tangible-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, Zeal Global Services ranks #242 out of 978 companies for Return-on-Tangible-Equity. This places Zeal Global Services in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.99. Zeal Global Services' value of 19.60% is 118.1% above this benchmark. Historically, Zeal Global Services' own Return-on-Tangible-Equity has ranged from 17.47 to 76.87 over the past decade. While the company's 10-year median is 36.33 vs. the industry median of 8.99, Zeal Global 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.99, based on 978 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. Zeal Global Services's current Return-on-Tangible-Equity of 19.60% is 118.1% 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 Zeal Global Services and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeal Global Services's current Return-on-Tangible-Equity is 19.60%, which is 46% below median its own 10-year median of 36.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeal Global Services stock overvalued right now?
Based on GuruFocus' analysis, Zeal Global Services (NSE:ZEAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹200.38, compared to a current price of ₹64.00 — trading 68.1% below its estimated fair value. The current Return-on-Tangible-Equity is 19.60%, which is 46% below median its 10-year median of 36.33 and 118.1% above the Transportation industry median of 8.99. Zeal Global Services' overall GF Score™ is 58/100 with 7 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 Zeal Global Services (NSE:ZEAL), the current Return-on-Tangible-Equity is 19.60% 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 Zeal Global Services (NSE:ZEAL) Overvalued in 2026?
Based on GuruFocus' analysis, Zeal Global Services stock appears to be undervalued.
The current stock price of ₹64.00 is trading 68.1% below its estimated GF Value™ of ₹200.38.
GuruFocus considers Zeal Global Services to be Possible Value Trap.
Key valuation signals for NSE:ZEAL:
Return-on-Tangible-Equity: 19.60% (46% below median its 10-year median of 36.33)
GF Value™: ₹200.38 vs. price of ₹64.00 (68.1% below fair value)
Industry Position: 118.1% above the Transportation median (#242 of 978)
No single metric tells the full story. See the NSE:ZEAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zeal Global Services Ltd is engaged in the business of providing logistics solutions in the Air Cargo Industry. It has been operating as General Sales and Service Agent (GSSA) and sales partner for airlines in the region. The Company realizes that clients have specific requirements with regard to their shipments. Its approach is to bring economical solutions to its client's freighting needs through - excessive aircraft, load and destination compatibility analysis to suit the ever-changing needs of various industries such as fashion, pharmaceuticals, automotive and industrials. The company has one segment Air Cargo Service.
58GF Score
Get the complete analysis for NSE:ZEAL
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