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Indo Euro IndchemBOM:524458 62 Return-on-Tangible-Equity is 2.30% as of Mar. 2026, which is 188% above its 10-year median of 0.80. GuruFocus rates BOM:524458 with a GF Score™ of 62/100 and a GF Value™ of ₹15.81 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 549 Conglomerates companies, Indo Euro Indchem ranks worse than 68.12% 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. Indo Euro Indchem's annualized net income for the quarter that ended in Mar. 2026 was ₹2.5 Mil. Indo Euro Indchem's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹108.1 Mil. Therefore, Indo Euro Indchem's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.30%.
The historical rank and industry rank for Indo Euro Indchem's Return-on-Tangible-Equity or its related term are showing as below:
BOM:524458'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.8 Max: 5.15
Current: 2.89
During the past 13 years, Indo Euro Indchem's highest Return-on-Tangible-Equity was 5.15%. The lowest was 0.33%. And the median was 0.80%.
BOM:524458's Return-on-Tangible-Equity is ranked worse than 68.12% of 549
companies
in the Conglomerates industry
Industry Median: 7.44
vs BOM:524458: 2.89
Indo Euro Indchem (BOM:524458) 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.
Indo Euro Indchem Return-on-Tangible-Equity Related Terms
Indo Euro Indchem Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Indo Euro Indchem'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:524458 vs MMM, HON: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Indo Euro Indchem'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.
Indo Euro Indchem Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Indo Euro Indchem's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Indo Euro Indchem'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 2.30% mean?
Indo Euro Indchem (BOM:524458) has a Return-on-Tangible-Equity of 2.30% 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 Indo Euro Indchem and its competitors. This is 188% above median its historical median of 0.80. Over the past decade, Indo Euro Indchem's Return-on-Tangible-Equity has ranged from 0.33 to 5.15. According to the industry distribution chart, Indo Euro Indchem ranks #374 out of 549 companies in the Conglomerates industry, placing it in the top 68.1%.
Is Indo Euro Indchem's Return-on-Tangible-Equity too high?
Indo Euro Indchem's current Return-on-Tangible-Equity of 2.30% is 188% above median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 5.15. The Conglomerates industry median Return-on-Tangible-Equity is 7.44. Indo Euro Indchem's value of 2.30% is 69.1% below this industry median. Based on the distribution chart, Indo Euro Indchem ranks #374 out of 549 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Indo Euro Indchem has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Indo Euro Indchem's Return-on-Tangible-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, Indo Euro Indchem ranks #374 out of 549 companies for Return-on-Tangible-Equity. This places Indo Euro Indchem in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.44. Indo Euro Indchem's value of 2.30% is 69.1% below this benchmark. Historically, Indo Euro Indchem's own Return-on-Tangible-Equity has ranged from 0.33 to 5.15 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 7.44, Indo Euro Indchem has consistently been below 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.44, based on 549 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. Indo Euro Indchem's current Return-on-Tangible-Equity of 2.30% is 69.1% below 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 Indo Euro Indchem and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Euro Indchem's current Return-on-Tangible-Equity is 2.30%, which is 188% above median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Euro Indchem stock overvalued right now?
Based on GuruFocus' analysis, Indo Euro Indchem (BOM:524458) is currently considered Possible Value Trap. The stock's GF Value™ is ₹15.81, compared to a current price of ₹9.00 — trading 43.1% below its estimated fair value. The current Return-on-Tangible-Equity is 2.30%, which is 188% above median its 10-year median of 0.80 and 69.1% below the Conglomerates industry median of 7.44. Indo Euro Indchem's overall GF Score™ is 62/100 with 3 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 Indo Euro Indchem (BOM:524458), the current Return-on-Tangible-Equity is 2.30% 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 Indo Euro Indchem (BOM:524458) Overvalued in 2026?
Based on GuruFocus' analysis, Indo Euro Indchem stock appears to be undervalued.
The current stock price of ₹9.00 is trading 43.1% below its estimated GF Value™ of ₹15.81.
GuruFocus considers Indo Euro Indchem to be Possible Value Trap.
Key valuation signals for BOM:524458:
Return-on-Tangible-Equity: 2.30% (188% above median its 10-year median of 0.80)
GF Value™: ₹15.81 vs. price of ₹9.00 (43.1% below fair value)
Industry Position: 69.1% below the Conglomerates median (#374 of 549)
No single metric tells the full story. See the BOM:524458 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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