GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nalwa Sons Investments Ltd (BOM:532256) » Definitions » Return-on-Tangible-Equity

Nalwa Sons Investments (BOM:532256) Return-on-Tangible-Equity : 0.05% (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Nalwa Sons Investments Return-on-Tangible-Equity?

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. Nalwa Sons Investments's annualized net income for the quarter that ended in Mar. 2024 was ₹66.9 Mil. Nalwa Sons Investments's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₹126,050.4 Mil. Therefore, Nalwa Sons Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 0.05%.

The historical rank and industry rank for Nalwa Sons Investments's Return-on-Tangible-Equity or its related term are showing as below:

BOM:532256' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.54   Med: 1.09   Max: 5.67
Current: 0.54

During the past 13 years, Nalwa Sons Investments's highest Return-on-Tangible-Equity was 5.67%. The lowest was 0.54%. And the median was 1.09%.

BOM:532256's Return-on-Tangible-Equity is ranked worse than
68.82% of 1671 companies
in the Asset Management industry
Industry Median: 4.98 vs BOM:532256: 0.54

Nalwa Sons Investments Return-on-Tangible-Equity Historical Data

The historical data trend for Nalwa Sons Investments'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.

* Premium members only.

Nalwa Sons Investments Return-on-Tangible-Equity Chart

Nalwa Sons Investments Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 1.04 1.01 1.14 0.55

Nalwa Sons Investments Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity 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 0.29 0.87 0.76 0.65 0.05

Competitive Comparison of Nalwa Sons Investments's Return-on-Tangible-Equity

For the Asset Management subindustry, Nalwa Sons Investments'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.


Nalwa Sons Investments's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nalwa Sons Investments's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Nalwa Sons Investments's Return-on-Tangible-Equity falls into.



Nalwa Sons Investments Return-on-Tangible-Equity Calculation

Nalwa Sons Investments's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=562.74/( (79935.036+126050.354 )/ 2 )
=562.74/102992.695
=0.55 %

Nalwa Sons Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=66.912/( (0+126050.354)/ 1 )
=66.912/126050.354
=0.05 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Nalwa Sons Investments  (BOM:532256) 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.


Nalwa Sons Investments Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Nalwa Sons Investments's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Nalwa Sons Investments (BOM:532256) Business Description

Traded in Other Exchanges
Address
Jindal Centre, 12 Bhikaiji Cama Place, New Delhi, IND, 110066
Nalwa Sons Investments Ltd is engaged in the Investment and Finance business. The majority of the revenue is derived in the form of dividends followed by interest income.

Nalwa Sons Investments (BOM:532256) Headlines

No Headlines