Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Fineotex ChemicalNSE:FCL +1.59%86 Return-on-Tangible-Asset is 14.16% as of Jun. 2026, which is 18% below its 10-year median of 17.37. GuruFocus rates NSE:FCL with a GF Score™ of 86/100 and a GF Value™ of ₹63.47 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,612 Chemicals companies, Fineotex Chemical ranks better than 93.05% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Fineotex Chemical's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹1,536 Mil. Fineotex Chemical's average total tangible assets for the quarter that ended in Jun. 2026 was ₹10,844 Mil. Therefore, Fineotex Chemical's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 14.16%.
The historical rank and industry rank for Fineotex Chemical's Return-on-Tangible-Asset or its related term are showing as below:
NSE:FCL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.7 Med: 17.37 Max: 25.33
Current: 13.34
During the past 13 years, Fineotex Chemical's highest Return-on-Tangible-Asset was 25.33%. The lowest was 6.70%. And the median was 17.37%.
NSE:FCL's Return-on-Tangible-Asset is ranked better than 93.05% of 1612
companies
in the Chemicals industry
Industry Median: 3.07
vs NSE:FCL: 13.34
Fineotex Chemical (NSE:FCL) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Fineotex Chemical Return-on-Tangible-Asset Related Terms
Fineotex Chemical Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Fineotex Chemical's Return-on-Tangible-Asset 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:FCL vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Fineotex Chemical's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Fineotex Chemical Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Fineotex Chemical's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Fineotex Chemical's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 14.16% mean?
Fineotex Chemical (NSE:FCL) has a Return-on-Tangible-Asset of 14.16% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Fineotex Chemical and its competitors. This is 18% below median its historical median of 17.37. Over the past decade, Fineotex Chemical's Return-on-Tangible-Asset has ranged from 6.70 to 25.33. According to the industry distribution chart, Fineotex Chemical ranks #112 out of 1612 companies in the Chemicals industry, placing it in the top 6.9%.
Is Fineotex Chemical's Return-on-Tangible-Asset too high?
Fineotex Chemical's current Return-on-Tangible-Asset of 14.16% is 18% below median its 10-year median of 17.37. Over the past 10 years, this metric has ranged from a low of 6.70 to a high of 25.33. The Chemicals industry median Return-on-Tangible-Asset is 3.07. Fineotex Chemical's value of 14.16% is 361.2% above this industry median. Based on the distribution chart, Fineotex Chemical ranks #112 out of 1612 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Fineotex Chemical has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fineotex Chemical's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Fineotex Chemical ranks #112 out of 1612 companies for Return-on-Tangible-Asset. This places Fineotex Chemical in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.07. Fineotex Chemical's value of 14.16% is 361.2% above this benchmark. Historically, Fineotex Chemical's own Return-on-Tangible-Asset has ranged from 6.70 to 25.33 over the past decade. While the company's 10-year median is 17.37 vs. the industry median of 3.07, Fineotex Chemical 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-Asset for a Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.07, based on 1,612 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fineotex Chemical's current Return-on-Tangible-Asset of 14.16% is 361.2% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Fineotex Chemical and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fineotex Chemical's current Return-on-Tangible-Asset is 14.16%, which is 18% below median its own 10-year median of 17.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fineotex Chemical stock overvalued right now?
Based on GuruFocus' analysis, Fineotex Chemical (NSE:FCL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹63.47, compared to a current price of ₹40.22 — trading 36.6% below its estimated fair value. The current Return-on-Tangible-Asset is 14.16%, which is 18% below median its 10-year median of 17.37 and 361.2% above the Chemicals industry median of 3.07. Fineotex Chemical's overall GF Score™ is 86/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Fineotex Chemical (NSE:FCL), the current Return-on-Tangible-Asset is 14.16% as of Jun. 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 Fineotex Chemical (NSE:FCL) Overvalued in 2026?
Based on GuruFocus' analysis, Fineotex Chemical stock appears to be undervalued.
The current stock price of ₹40.22 is trading 36.6% below its estimated GF Value™ of ₹63.47.
GuruFocus considers Fineotex Chemical to be Possible Value Trap.
Key valuation signals for NSE:FCL:
Return-on-Tangible-Asset: 14.16% (18% below median its 10-year median of 17.37)
GF Value™: ₹63.47 vs. price of ₹40.22 (36.6% below fair value)
Industry Position: 361.2% above the Chemicals median (#112 of 1612)
No single metric tells the full story. See the NSE:FCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fineotex Chemical Ltd is an Indian company engaged in the manufacture of Textile chemicals, auxiliaries, and specialty chemicals. Some of its products include Benzalkonium Chloride (BKC); Barite; Hematite; Magnesium Chloride; Calcium Chloride; DOSS (Dioctyl Sodium Sulfosuccinate) and others. Its chemicals are Desizing Agent, Stiffeners, Binders, Anticrease Lubricants, Drilling Fluids, Cementing Fluids, and Others.
86GF Score
Get the complete analysis for NSE:FCL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:FCL has been successfully added to your 
