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Zensar TechnologiesNSE:ZENSARTECH +3.58%89 Return-on-Tangible-Equity is 24.11% as of Mar. 2026, which is 6% above its 10-year median of 22.72. GuruFocus rates NSE:ZENSARTECH with a GF Score™ of 89/100 and a GF Value™ of ₹751.93 (Modestly Undervalued). Among 2,477 Software companies, Zensar Technologies ranks better than 70.85% 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. Zensar Technologies's annualized net income for the quarter that ended in Mar. 2026 was ₹8,424 Mil. Zensar Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹34,933 Mil. Therefore, Zensar Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 24.11%.
The historical rank and industry rank for Zensar Technologies's Return-on-Tangible-Equity or its related term are showing as below:
NSE:ZENSARTECH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.62 Med: 22.72 Max: 27.72
Current: 23.58
During the past 13 years, Zensar Technologies's highest Return-on-Tangible-Equity was 27.72%. The lowest was 16.62%. And the median was 22.72%.
NSE:ZENSARTECH's Return-on-Tangible-Equity is ranked better than 70.85% of 2477
companies
in the Software industry
Industry Median: 8.83
vs NSE:ZENSARTECH: 23.58
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.
Zensar Technologies Return-on-Tangible-Equity Related Terms
Zensar Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Zensar Technologies'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:ZENSARTECH vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Zensar Technologies'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.
Zensar Technologies Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Zensar Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zensar Technologies'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 24.11% mean?
Zensar Technologies (NSE:ZENSARTECH) has a Return-on-Tangible-Equity of 24.11% 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 Zensar Technologies and its competitors. This is near median its historical median of 22.72. Over the past decade, Zensar Technologies' Return-on-Tangible-Equity has ranged from 16.62 to 27.72. According to the industry distribution chart, Zensar Technologies ranks #722 out of 2477 companies in the Software industry, placing it in the top 29.1%.
Is Zensar Technologies' Return-on-Tangible-Equity too high?
Zensar Technologies' current Return-on-Tangible-Equity of 24.11% is near median its 10-year median of 22.72. Over the past 10 years, this metric has ranged from a low of 16.62 to a high of 27.72. The Software industry median Return-on-Tangible-Equity is 8.83. Zensar Technologies' value of 24.11% is 173% above this industry median. Based on the distribution chart, Zensar Technologies ranks #722 out of 2477 companies in the Software industry, which is above the industry midpoint. Overall, Zensar Technologies has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zensar Technologies' Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Zensar Technologies ranks #722 out of 2477 companies for Return-on-Tangible-Equity. This puts Zensar Technologies in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.83. Zensar Technologies' value of 24.11% is 173% above this benchmark. Historically, Zensar Technologies' own Return-on-Tangible-Equity has ranged from 16.62 to 27.72 over the past decade. While the company's 10-year median is 22.72 vs. the industry median of 8.83, Zensar Technologies 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.83, based on 2,477 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. Zensar Technologies's current Return-on-Tangible-Equity of 24.11% is 173% 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 Zensar Technologies and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zensar Technologies's current Return-on-Tangible-Equity is 24.11%, which is near median its own 10-year median of 22.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zensar Technologies stock overvalued right now?
Based on GuruFocus' analysis, Zensar Technologies (NSE:ZENSARTECH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹751.93, compared to a current price of ₹531.45 — trading 29.3% below its estimated fair value. The current Return-on-Tangible-Equity is 24.11%, which is near median its 10-year median of 22.72 and 173% above the Software industry median of 8.83. Zensar Technologies' overall GF Score™ is 89/100. 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 Zensar Technologies (NSE:ZENSARTECH), the current Return-on-Tangible-Equity is 24.11% 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 Zensar Technologies (NSE:ZENSARTECH) Overvalued in 2026?
Based on GuruFocus' analysis, Zensar Technologies stock appears to be undervalued.
The current stock price of ₹531.45 is trading 29.3% below its estimated GF Value™ of ₹751.93.
GuruFocus considers Zensar Technologies to be Modestly Undervalued.
Key valuation signals for NSE:ZENSARTECH:
Return-on-Tangible-Equity: 24.11% (near median its 10-year median of 22.72)
GF Value™: ₹751.93 vs. price of ₹531.45 (29.3% below fair value)
Industry Position: 173% above the Software median (#722 of 2477)
No single metric tells the full story. See the NSE:ZENSARTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zensar Technologies Ltd provides a range of information technology services and sells IT-related products. The company segments include Digital and Application Services (DAS) and Digital Foundation Services (DFS). It generates maximum revenue from the DAS segment. The Digital and Application Services (DAS) segment is engaged in Custom Applications Management Services that include Application Development, Maintenance, Support, Modernization, and Testing Services across a wide technology spectrum and Industry verticals. Geographically, the majority of its revenue comes from the Americas and the rest from Europe, and the rest of the world.
89GF Score
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