Spectrum Talent Management (NSE:SPECTSTM) ROE %: 10.11% (As of Mar. 2026) — 63% Below Median


NSE:SPECTSTM Spectrum Talent Management Ltd NSE:SPECTSTM
58 GF Score
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What is Spectrum Talent Management ROE %?

Spectrum Talent Management NSE:SPECTSTM -4.67% 58 ROE % is 10.11% as of Mar. 2026, which is 63% below its 10-year median of 27.41. GuruFocus rates NSE:SPECTSTM with a GF Score™ of 58/100. The stock has 7 warning signs investors should review. Among 1,058 Business Services companies, Spectrum Talent Management ranks worse than 53.02% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Spectrum Talent Management's annualized net income for the quarter that ended in Mar. 2026 was ₹170 Mil. Spectrum Talent Management's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,679 Mil. Therefore, Spectrum Talent Management's annualized ROE % for the quarter that ended in Mar. 2026 was 10.11%.

The historical rank and industry rank for Spectrum Talent Management's ROE % or its related term are showing as below:

NSE:SPECTSTM' s ROE % Range Over the Past 10 Years
Min: 4.73   Med: 27.41   Max: 66.16
Current: 7.42

During the past 7 years, Spectrum Talent Management's highest ROE % was 66.16%. The lowest was 4.73%. And the median was 27.41%.

NSE:SPECTSTM's ROE % is ranked worse than
53.02% of 1058 companies
in the Business Services industry
Industry Median: 8.095 vs NSE:SPECTSTM: 7.42

Spectrum Talent Management  (NSE:SPECTSTM) 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
=169.68/1678.86
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(169.68 / 14847.14)*(14847.14 / 2779.325)*(2779.325 / 1678.86)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.14 %*5.342*1.6555
=ROA %*Equity Multiplier
=6.09 %*1.6555
=10.11 %

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
=169.68/1678.86
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (169.68 / 139.32) * (139.32 / 136.02) * (136.02 / 14847.14) * (14847.14 / 2779.325) * (2779.325 / 1678.86)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.2179 * 1.0243 * 0.92 % * 5.342 * 1.6555
=10.11 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Spectrum Talent Management ROE % Related Terms


Spectrum Talent Management ROE % Historical Data

* Premium members only.

The historical data trend for Spectrum Talent Management'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.

Spectrum Talent Management ROE % Chart

Spectrum Talent Management Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial 64.65 66.16 11.45 4.73 7.39

Spectrum Talent Management Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 10.59 6.51 3.08 4.67 10.11

NSE:SPECTSTM vs KFY, RHI, TNET: ROE % Comparison

For the Staffing & Employment Services subindustry, Spectrum Talent Management'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.


Spectrum Talent Management ROE % vs Business Services Industry

For the Business Services industry and Industrials sector, Spectrum Talent Management's ROE % distribution charts can be found below:

* The bar in red indicates where Spectrum Talent Management's ROE % falls into.


NSE:SPECTSTM
58GF Score
Spectrum Talent Management Ltd NSE:SPECTSTM
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Spectrum Talent Management ROE % Calculation

Spectrum Talent Management'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 )
=122.58/( (1595.69+1721.1)/ 2 )
=122.58/1658.395
=7.39 %

Spectrum Talent Management's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=169.68/( (1636.62+1721.1)/ 2 )
=169.68/1678.86
=10.11 %

* 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 two times the semi-annual (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 10.11% mean?
Spectrum Talent Management (NSE:SPECTSTM) has a ROE % of 10.11% 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 Spectrum Talent Management and its competitors. This is 63% below median its historical median of 27.41. Over the past decade, Spectrum Talent Management's ROE % has ranged from 4.73 to 66.16. According to the industry distribution chart, Spectrum Talent Management ranks #561 out of 1058 companies in the Business Services industry, placing it in the top 53%.
Is Spectrum Talent Management's ROE % too high?
Spectrum Talent Management's current ROE % of 10.11% is 63% below median its 10-year median of 27.41. Over the past 10 years, this metric has ranged from a low of 4.73 to a high of 66.16. The Business Services industry median ROE % is 8.10. Spectrum Talent Management's value of 10.11% is 24.9% above this industry median. Based on the distribution chart, Spectrum Talent Management ranks #561 out of 1058 companies in the Business Services industry, which is below the industry midpoint. Overall, Spectrum Talent Management has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Spectrum Talent Management's ROE % compare to KFY and RHI?
According to the Business Services industry distribution chart, Spectrum Talent Management ranks #561 out of 1058 companies for ROE %. This places Spectrum Talent Management in the lower half of its industry. The industry median ROE % is 8.10. Spectrum Talent Management's value of 10.11% is 24.9% above this benchmark. Historically, Spectrum Talent Management's own ROE % has ranged from 4.73 to 66.16 over the past decade. While the company's 10-year median is 27.41 vs. the industry median of 8.10, Spectrum Talent Management 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 ROE % for a Business Services company?
The median ROE % among Business Services companies is 8.10, based on 1,058 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. Spectrum Talent Management's current ROE % of 10.11% is 24.9% 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 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 Spectrum Talent Management and its competitors. For the Business Services industry, the median ROE % is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spectrum Talent Management's current ROE % is 10.11%, which is 63% below median its own 10-year median of 27.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectrum Talent Management stock overvalued right now?
Spectrum Talent Management (NSE:SPECTSTM) has a current ROE % of 10.11%. The current ROE % is 10.11%, which is 63% below median its 10-year median of 27.41 and 24.9% above the Business Services industry median of 8.10. Spectrum Talent Management's 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Spectrum Talent Management (NSE:SPECTSTM), the current ROE % is 10.11% 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.

Spectrum Talent Management Business Description

Address Gautam Buddha Nagar, Block C, Plot no. C-142, Sector-63, Noida, UP, IND, 201301
Spectrum Talent Management Ltd is a renowned human resource and staffing service provider. The company offers a wide array of services such as staffing, recruitment, apprenticeship, Payroll, Onboarding and flexible staffing. It satisfies the firm's staffing, and recruitment needs globally through this specialized rich knowledge. The company's business segment includes Manpower supply, Recruitment and related services, and Electronic goods. The company generates the majority of its revenue from the Manpower supply, Recruitment, and related services segment.
58GF Score

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