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:
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.
* 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.
For the Software - Application subindustry, 63 Moons Technologies'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.
63 Moons Technologies ROE % vs Software Industry
For the Software industry and Technology sector, 63 Moons Technologies's ROE % distribution charts can be found below:
* The bar in red indicates where 63 Moons Technologies's ROE % 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 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.
63 Moons Technologies (BOM:526881) has a ROE % of 2.53% 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 63 Moons Technologies and its competitors. According to the industry distribution chart, 63 Moons Technologies ranks #1686 out of 2682 companies in the Software industry, placing it in the top 62.9%.
Is 63 Moons Technologies' ROE % too high?
63 Moons Technologies' current ROE % is 2.53%. The Software industry median ROE % is 4.72. 63 Moons Technologies' value of 2.53% is 46.4% below this industry median. Based on the distribution chart, 63 Moons Technologies ranks #1686 out of 2682 companies in the Software industry, which is below the industry midpoint. Overall, 63 Moons Technologies has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 63 Moons Technologies' ROE % compare to CRM and SHOP?
According to the Software industry distribution chart, 63 Moons Technologies ranks #1686 out of 2682 companies for ROE %. This places 63 Moons Technologies in the lower half of its industry. The industry median ROE % is 4.72. 63 Moons Technologies' value of 2.53% is 46.4% below this benchmark. 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 Software company?
The median ROE % among Software companies is 4.72, based on 2,682 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. 63 Moons Technologies's current ROE % of 2.53% is 46.4% below 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 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 63 Moons Technologies and its competitors. For the Software industry, the median ROE % is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 63 Moons Technologies's current ROE % is 2.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 63 Moons Technologies stock overvalued right now?
Based on GuruFocus' analysis, 63 Moons Technologies (BOM:526881) is currently considered Fairly Valued. The stock's GF Value™ is ₹630.94, compared to a current price of ₹668.35 — trading 5.9% above its estimated fair value. The current ROE % is 2.53% and 46.4% below the Software industry median of 4.72. 63 Moons Technologies' overall GF Score™ is 56/100 with 1 warning sign 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 63 Moons Technologies (BOM:526881), the current ROE % is 2.53% 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 63 Moons Technologies (BOM:526881) Overvalued in 2026?
Based on GuruFocus' analysis, 63 Moons Technologies stock appears to be overvalued.
The current stock price of ₹668.35 is trading 5.9% above its estimated GF Value™ of ₹630.94.
GuruFocus considers 63 Moons Technologies to be Fairly Valued.
Key valuation signals for BOM:526881:
ROE %: 2.53%
GF Value™: ₹630.94 vs. price of ₹668.35 (5.9% above fair value)
Industry Position: 46.4% below the Software median (#1686 of 2682)
No single metric tells the full story. See the BOM:526881 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
63 Moons Technologies Ltd is a company that is involved in the business of offering technology, intellectual property, and domain expertise to create and trade on next-generation financial markets across all asset classes, including equities, commodities, currencies, and bonds, among others. Its products and solutions portfolio includes exchange technology solutions, brokerage technology solutions, and risk solutions. The company's business segments include the Software services/solutions segment and Others.
56GF Score
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