Solid Stone Co (BOM:513699) Return-on-Tangible-Equity: 5.20% (As of Mar. 2026) — 58% Above Median

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BOM:513699 Solid Stone Co Ltd BOM:513699
58 GF Score
Price ₹26.29
GF Value ₹30.25
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Solid Stone Co Return-on-Tangible-Equity?

Solid Stone Co BOM:513699 +5.16% 58 Return-on-Tangible-Equity is 5.20% as of Mar. 2026, which is 58% above its 10-year median of 3.29. GuruFocus rates BOM:513699 with a GF Score™ of 58/100 and a GF Value™ of ₹30.25 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 396 Building Materials companies, Solid Stone Co ranks worse than 63.38% on this metric.

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. Solid Stone Co's annualized net income for the quarter that ended in Mar. 2026 was ₹11.9 Mil. Solid Stone Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹228.9 Mil. Therefore, Solid Stone Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.20%.

The historical rank and industry rank for Solid Stone Co's Return-on-Tangible-Equity or its related term are showing as below:

BOM:513699' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.72   Med: 3.29   Max: 6.17
Current: 2.22

During the past 13 years, Solid Stone Co's highest Return-on-Tangible-Equity was 6.17%. The lowest was -3.72%. And the median was 3.29%.

BOM:513699's Return-on-Tangible-Equity is ranked worse than
63.38% of 396 companies
in the Building Materials industry
Industry Median: 5.055 vs BOM:513699: 2.22

Solid Stone Co  (BOM:513699) 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.


Solid Stone Co Return-on-Tangible-Equity Related Terms


Solid Stone Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Solid Stone Co'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.

Solid Stone Co Return-on-Tangible-Equity Chart

Solid Stone Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.72 2.85 4.01 3.75 2.21

Solid Stone Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.61 0.78 2.12 0.72 5.20

BOM:513699 vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison

For the Building Materials subindustry, Solid Stone Co'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.


Solid Stone Co Return-on-Tangible-Equity vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Solid Stone Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Solid Stone Co's Return-on-Tangible-Equity falls into.


BOM:513699
58GF Score
Solid Stone Co Ltd BOM:513699
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solid Stone Co Return-on-Tangible-Equity Calculation

Solid Stone Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=5.013/( (223.813+228.901 )/ 2 )
=5.013/226.357
=2.21 %

Solid Stone Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=11.908/( (0+228.901)/ 1 )
=11.908/228.901
=5.20 %

* 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. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 5.20% mean?
Solid Stone Co (BOM:513699) has a Return-on-Tangible-Equity of 5.20% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Solid Stone Co and its competitors. This is 58% above median its historical median of 3.29. According to the industry distribution chart, Solid Stone Co ranks #251 out of 396 companies in the Building Materials industry, placing it in the top 63.4%.
Is Solid Stone Co's Return-on-Tangible-Equity too high?
Solid Stone Co's current Return-on-Tangible-Equity of 5.20% is 58% above median its 10-year median of 3.29. The Building Materials industry median Return-on-Tangible-Equity is 5.06. Solid Stone Co's value of 5.20% is 2.9% above this industry median. Based on the distribution chart, Solid Stone Co ranks #251 out of 396 companies in the Building Materials industry, which is below the industry midpoint. Overall, Solid Stone Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid Stone Co's Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Solid Stone Co ranks #251 out of 396 companies for Return-on-Tangible-Equity. This places Solid Stone Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.06. Solid Stone Co's value of 5.20% is 2.9% above this benchmark. While the company's 10-year median is 3.29 vs. the industry median of 5.06, Solid Stone Co 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-Equity for a Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.06, based on 396 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Solid Stone Co's current Return-on-Tangible-Equity of 5.20% is 2.9% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Solid Stone Co and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid Stone Co's current Return-on-Tangible-Equity is 5.20%, which is 58% above median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Stone Co stock overvalued right now?
Based on GuruFocus' analysis, Solid Stone Co (BOM:513699) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹30.25, compared to a current price of ₹26.29 — trading 13.1% below its estimated fair value. The current Return-on-Tangible-Equity is 5.20%, which is 58% above median its 10-year median of 3.29 and 2.9% above the Building Materials industry median of 5.06. Solid Stone Co's overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Solid Stone Co (BOM:513699), the current Return-on-Tangible-Equity is 5.20% 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 Solid Stone Co (BOM:513699) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Stone Co stock appears to be undervalued. The current stock price of ₹26.29 is trading 13.1% below its estimated GF Value™ of ₹30.25. GuruFocus considers Solid Stone Co to be Modestly Undervalued.

Key valuation signals for BOM:513699:

  • Return-on-Tangible-Equity: 5.20% (58% above median its 10-year median of 3.29)
  • GF Value™: ₹30.25 vs. price of ₹26.29 (13.1% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 2.9% above the Building Materials median (#251 of 396)

No single metric tells the full story. See the BOM:513699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solid Stone Co Business Description

Address 1501, Maker Chambers V, Nariman Point, Mumbai, MH, IND, 400 021
Solid Stone Co Ltd is engaged in the processing, sale, and trading of natural and semi-precious stones. The company's only reportable segment being natural stones, building material, and allied building activities. Its products include natural stones, granite, semi-precious stones, mosaics and others.
58GF Score

Get the complete analysis for BOM:513699

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹26.29
Price
₹30.25
GF Value