Trustwave Securities (BOM:508963) ROE %: Negative Equity% (As of Mar. 2026)

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BOM:508963 Trustwave Securities Ltd BOM:508963
26 GF Score
Price ₹451.00
! 2 Warning Signs
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What is Trustwave Securities ROE %?

Trustwave Securities BOM:508963 26 ROE % is Negative Equity% as of Mar. 2026. GuruFocus rates BOM:508963 with a GF Score™ of 26/100. The stock has 2 warning signs investors should review.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Trustwave Securities's annualized net income for the quarter that ended in Mar. 2026 was ₹2.78 Mil. Trustwave Securities's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹-9.97 Mil. Therefore, Trustwave Securities's annualized ROE % for the quarter that ended in Mar. 2026 was Negative Equity%.

The historical rank and industry rank for Trustwave Securities's ROE % or its related term are showing as below:

BOM:508963's ROE % is not ranked *
in the Credit Services industry.
Industry Median: 6.64
* Ranked among companies with meaningful ROE % only.

Trustwave Securities  (BOM:508963) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2.78/-9.969
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.78 / 6)*(6 / 12.504)*(12.504 / -9.969)
=Net Margin %*Asset Turnover*Equity Multiplier
=46.33 %*0.4798*N/A
=ROA %*Equity Multiplier
=22.23 %*N/A
=Negative Equity %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2.78/-9.969
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2.78 / 2.78) * (2.78 / 2.776) * (2.776 / 6) * (6 / 12.504) * (12.504 / -9.969)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0014 * 46.27 % * 0.4798 * N/A
=Negative Equity %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Trustwave Securities ROE % Related Terms


Trustwave Securities ROE % Historical Data

* Premium members only.

The historical data trend for Trustwave Securities's ROE % 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.

Trustwave Securities ROE % Chart

Trustwave Securities Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 Negative Equity 0.00 0.00 0.00

Trustwave Securities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 Negative Equity

BOM:508963 vs V, MA, AXP: ROE % Comparison

For the Credit Services subindustry, Trustwave Securities's ROE %, along with its competitors' market caps and ROE % 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.


Trustwave Securities ROE % vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Trustwave Securities's ROE % distribution charts can be found below:

* The bar in red indicates where Trustwave Securities's ROE % falls into.


BOM:508963
26GF Score
Trustwave Securities Ltd BOM:508963
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Trustwave Securities ROE % Calculation

Trustwave Securities's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=-0.61/( (-9.467+-9.969)/ 2 )
=-0.61/-9.718
=N/A %

Trustwave Securities's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=2.78/( (0+-9.969)/ 1 )
=2.78/-9.969
=Negative Equity %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of Negative Equity% mean?
Trustwave Securities (BOM:508963) has a ROE % of Negative Equity% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Trustwave Securities and its competitors.
Is Trustwave Securities' ROE % too high?
Trustwave Securities' current ROE % is Negative Equity%. Overall, Trustwave Securities has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Trustwave Securities' ROE % compare to V and MA?
Trustwave Securities' ROE % of Negative Equity% can be compared against companies in the Credit Services industry. The industry median ROE % is 6.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Credit Services company?
The median ROE % among Credit Services companies is 6.64, based on 530 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Trustwave Securities and its competitors. For the Credit Services industry, the median ROE % is 6.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trustwave Securities's current ROE % is Negative Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trustwave Securities stock overvalued right now?
Trustwave Securities (BOM:508963) has a current ROE % of Negative Equity%. The current ROE % is Negative Equity%. Trustwave Securities' overall GF Score™ is 26/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Trustwave Securities (BOM:508963), the current ROE % is Negative Equity% 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.

Trustwave Securities Business Description

Address Neelkanth Business Park, B-702, 7th Floor, Kirol Village, Near Bus Depot, Vidyavihar West, Mumbai, MH, IND, 400086
Trustwave Securities Ltd offers financial services in India. The company offers various services like legal and investments advisory, investment modeling, investment risk assessment, security valuation, arbitrage strategies, and investments. Revenue for the company is generated from advisory fees.
26GF Score

Get the complete analysis for BOM:508963

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹451.00
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