Universal Starch-Chem Allied (BOM:524408) Return-on-Tangible-Equity: 15.76% (As of Jun. 2026) — 93% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BOM:524408 Universal Starch-Chem Allied Ltd BOM:524408
63 GF Score
Price ₹192.95
GF Value ₹170.30
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Universal Starch-Chem Allied Return-on-Tangible-Equity?

Universal Starch-Chem Allied BOM:524408 +3.71% 63 Return-on-Tangible-Equity is 15.76% as of Jun. 2026, which is 93% above its 10-year median of 8.18. GuruFocus rates BOM:524408 with a GF Score™ of 63/100 and a GF Value™ of ₹170.30 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 250 Agriculture companies, Universal Starch-Chem Allied ranks better than 87.2% 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. Universal Starch-Chem Allied's annualized net income for the quarter that ended in Jun. 2026 was ₹130 Mil. Universal Starch-Chem Allied's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹826 Mil. Therefore, Universal Starch-Chem Allied's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 15.76%.

The historical rank and industry rank for Universal Starch-Chem Allied's Return-on-Tangible-Equity or its related term are showing as below:

BOM:524408' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.33   Med: 8.18   Max: 25.7
Current: 25.7

During the past 13 years, Universal Starch-Chem Allied's highest Return-on-Tangible-Equity was 25.70%. The lowest was -28.33%. And the median was 8.18%.

BOM:524408's Return-on-Tangible-Equity is ranked better than
87.2% of 250 companies
in the Agriculture industry
Industry Median: 7.015 vs BOM:524408: 25.70

Universal Starch-Chem Allied  (BOM:524408) 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.


Universal Starch-Chem Allied Return-on-Tangible-Equity Related Terms


Universal Starch-Chem Allied Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Universal Starch-Chem Allied'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.

Universal Starch-Chem Allied Return-on-Tangible-Equity Chart

Universal Starch-Chem Allied 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 24.55 10.68 11.20 4.71 17.22

Universal Starch-Chem Allied Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -14.36 4.50 30.77 46.62 15.76

BOM:524408 vs CTVA, CF, MOS: Return-on-Tangible-Equity Comparison

For the Agricultural Inputs subindustry, Universal Starch-Chem Allied'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.


Universal Starch-Chem Allied Return-on-Tangible-Equity vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Universal Starch-Chem Allied's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Universal Starch-Chem Allied's Return-on-Tangible-Equity falls into.


BOM:524408
63GF Score
Universal Starch-Chem Allied Ltd BOM:524408
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Universal Starch-Chem Allied Return-on-Tangible-Equity Calculation

Universal Starch-Chem Allied'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 )
=131.241/( (697.826+826.258 )/ 2 )
=131.241/762.042
=17.22 %

Universal Starch-Chem Allied's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=130.184/( (826.258+0)/ 1 )
=130.184/826.258
=15.76 %

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

What does a Return-on-Tangible-Equity of 15.76% mean?
Universal Starch-Chem Allied (BOM:524408) has a Return-on-Tangible-Equity of 15.76% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Universal Starch-Chem Allied and its competitors. This is 93% above median its historical median of 8.18. According to the industry distribution chart, Universal Starch-Chem Allied ranks #32 out of 250 companies in the Agriculture industry, placing it in the top 12.8%.
Is Universal Starch-Chem Allied's Return-on-Tangible-Equity too high?
Universal Starch-Chem Allied's current Return-on-Tangible-Equity of 15.76% is 93% above median its 10-year median of 8.18. The Agriculture industry median Return-on-Tangible-Equity is 7.02. Universal Starch-Chem Allied's value of 15.76% is 124.7% above this industry median. Based on the distribution chart, Universal Starch-Chem Allied ranks #32 out of 250 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Universal Starch-Chem Allied has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Universal Starch-Chem Allied's Return-on-Tangible-Equity compare to CTVA and CF?
According to the Agriculture industry distribution chart, Universal Starch-Chem Allied ranks #32 out of 250 companies for Return-on-Tangible-Equity. This places Universal Starch-Chem Allied in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.02. Universal Starch-Chem Allied's value of 15.76% is 124.7% above this benchmark. While the company's 10-year median is 8.18 vs. the industry median of 7.02, Universal Starch-Chem Allied 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 an Agriculture company?
The median Return-on-Tangible-Equity among Agriculture companies is 7.02, based on 250 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. Universal Starch-Chem Allied's current Return-on-Tangible-Equity of 15.76% is 124.7% 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 Universal Starch-Chem Allied and its competitors. For the Agriculture industry, the median Return-on-Tangible-Equity is 7.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Starch-Chem Allied's current Return-on-Tangible-Equity is 15.76%, which is 93% above median its own 10-year median of 8.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Starch-Chem Allied stock overvalued right now?
Based on GuruFocus' analysis, Universal Starch-Chem Allied (BOM:524408) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹170.30, compared to a current price of ₹192.95 — trading 13.3% above its estimated fair value. The current Return-on-Tangible-Equity is 15.76%, which is 93% above median its 10-year median of 8.18 and 124.7% above the Agriculture industry median of 7.02. Universal Starch-Chem Allied's overall GF Score™ is 63/100 with 4 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 Universal Starch-Chem Allied (BOM:524408), the current Return-on-Tangible-Equity is 15.76% 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 Universal Starch-Chem Allied (BOM:524408) Overvalued in 2026?

Based on GuruFocus' analysis, Universal Starch-Chem Allied stock appears to be overvalued. The current stock price of ₹192.95 is trading 13.3% above its estimated GF Value™ of ₹170.30. GuruFocus considers Universal Starch-Chem Allied to be Modestly Overvalued.

Key valuation signals for BOM:524408:

  • Return-on-Tangible-Equity: 15.76% (93% above median its 10-year median of 8.18)
  • GF Value™: ₹170.30 vs. price of ₹192.95 (13.3% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 124.7% above the Agriculture median (#32 of 250)

No single metric tells the full story. See the BOM:524408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Universal Starch-Chem Allied Business Description

Address Senapati Bapat Marg, Mhatre Pen Building, B Wing, 2nd Floor, Dadar (West), Mumbai, MH, IND, 400028
Universal Starch-Chem Allied Ltd is a manufacturer and exporter specializing in maize starch and its derivatives. The company operates in maize refining, producing products like starch powder, liquid glucose, dextrose monohydrate, dextrose anhydrous, and modified starches which serve various industries such as food, pharmaceuticals, textiles, paper, and adhesives. The company's operations are principally based in Maharashtra, India. Revenue is generated through the manufacturing and export of these starch-based products to a diverse set of domestic and international customers. Alongside its core starch business, the company engages in activities related to energy and environmental management, including bio-gas production and power generation via wind and co-generation plants.
63GF Score

Get the complete analysis for BOM:524408

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

₹192.95
Price
₹170.30
GF Value