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Southern LatexBOM:514454 +5.00%34 Return-on-Tangible-Equity is 14.23% as of Mar. 2026, which is 317% above its 10-year median of 3.41. GuruFocus rates BOM:514454 with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 1,570 Chemicals companies, Southern Latex ranks worse than 59.43% 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. Southern Latex's annualized net income for the quarter that ended in Mar. 2026 was ₹9.86 Mil. Southern Latex's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹69.29 Mil. Therefore, Southern Latex's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.23%.
The historical rank and industry rank for Southern Latex's Return-on-Tangible-Equity or its related term are showing as below:
BOM:514454'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.75 Med: 3.41 Max: 4.18
Current: 4.18
During the past 13 years, Southern Latex's highest Return-on-Tangible-Equity was 4.18%. The lowest was 2.75%. And the median was 3.41%.
BOM:514454's Return-on-Tangible-Equity is ranked worse than 59.43% of 1570
companies
in the Chemicals industry
Industry Median: 5.88
vs BOM:514454: 4.18
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.
Southern Latex Return-on-Tangible-Equity Related Terms
Southern Latex Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Southern Latex'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.
BOM:514454 vs DOW: Return-on-Tangible-Equity Comparison
For the Chemicals subindustry, Southern Latex'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.
Southern Latex Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Southern Latex's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Southern Latex's Return-on-Tangible-Equity 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-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 14.23% mean?
Southern Latex (BOM:514454) has a Return-on-Tangible-Equity of 14.23% 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 Southern Latex and its competitors. This is 317% above median its historical median of 3.41. Over the past decade, Southern Latex's Return-on-Tangible-Equity has ranged from 2.75 to 4.18. According to the industry distribution chart, Southern Latex ranks #933 out of 1570 companies in the Chemicals industry, placing it in the top 59.4%.
Is Southern Latex's Return-on-Tangible-Equity too high?
Southern Latex's current Return-on-Tangible-Equity of 14.23% is 317% above median its 10-year median of 3.41. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 4.18. The Chemicals industry median Return-on-Tangible-Equity is 5.88. Southern Latex's value of 14.23% is 142% above this industry median. Based on the distribution chart, Southern Latex ranks #933 out of 1570 companies in the Chemicals industry, which is below the industry midpoint. Overall, Southern Latex has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Southern Latex's Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Southern Latex ranks #933 out of 1570 companies for Return-on-Tangible-Equity. This places Southern Latex in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.88. Southern Latex's value of 14.23% is 142% above this benchmark. Historically, Southern Latex's own Return-on-Tangible-Equity has ranged from 2.75 to 4.18 over the past decade. While the company's 10-year median is 3.41 vs. the industry median of 5.88, Southern Latex 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.88, based on 1,570 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. Southern Latex's current Return-on-Tangible-Equity of 14.23% is 142% 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 Southern Latex and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Latex's current Return-on-Tangible-Equity is 14.23%, which is 317% above median its own 10-year median of 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Latex stock overvalued right now?
Southern Latex (BOM:514454) has a current Return-on-Tangible-Equity of 14.23%. The current Return-on-Tangible-Equity is 14.23%, which is 317% above median its 10-year median of 3.41 and 142% above the Chemicals industry median of 5.88. Southern Latex's overall GF Score™ is 34/100 with 2 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 Southern Latex (BOM:514454), the current Return-on-Tangible-Equity is 14.23% 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.
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