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Eco RecyclingBOM:530643 -1.12%85 Return-on-Tangible-Equity is 27.70% as of Mar. 2026, which is 90% above its 10-year median of 14.57. GuruFocus rates BOM:530643 with a GF Score™ of 85/100 and a GF Value™ of ₹745.86 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 224 Waste Management companies, Eco Recycling ranks better than 76.34% 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. Eco Recycling's annualized net income for the quarter that ended in Mar. 2026 was ₹306.0 Mil. Eco Recycling's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,104.8 Mil. Therefore, Eco Recycling's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 27.70%.
The historical rank and industry rank for Eco Recycling's Return-on-Tangible-Equity or its related term are showing as below:
BOM:530643'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -39.29 Med: 14.57 Max: 31.96
Current: 23.21
During the past 13 years, Eco Recycling's highest Return-on-Tangible-Equity was 31.96%. The lowest was -39.29%. And the median was 14.57%.
BOM:530643's Return-on-Tangible-Equity is ranked better than 76.34% of 224
companies
in the Waste Management industry
Industry Median: 9.995
vs BOM:530643: 23.21
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.
Eco Recycling Return-on-Tangible-Equity Related Terms
Eco Recycling Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Eco Recycling'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:530643 vs WM, RSG, WCN: Return-on-Tangible-Equity Comparison
For the Waste Management subindustry, Eco Recycling'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.
Eco Recycling Return-on-Tangible-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Eco Recycling's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Eco Recycling'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 27.70% mean?
Eco Recycling (BOM:530643) has a Return-on-Tangible-Equity of 27.70% 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 Eco Recycling and its competitors. This is 90% above median its historical median of 14.57. According to the industry distribution chart, Eco Recycling ranks #53 out of 224 companies in the Waste Management industry, placing it in the top 23.7%.
Is Eco Recycling's Return-on-Tangible-Equity too high?
Eco Recycling's current Return-on-Tangible-Equity of 27.70% is 90% above median its 10-year median of 14.57. The Waste Management industry median Return-on-Tangible-Equity is 10.00. Eco Recycling's value of 27.70% is 177.1% above this industry median. Based on the distribution chart, Eco Recycling ranks #53 out of 224 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Eco Recycling has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eco Recycling's Return-on-Tangible-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Eco Recycling ranks #53 out of 224 companies for Return-on-Tangible-Equity. This places Eco Recycling in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.00. Eco Recycling's value of 27.70% is 177.1% above this benchmark. While the company's 10-year median is 14.57 vs. the industry median of 10.00, Eco Recycling 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 Waste Management company?
The median Return-on-Tangible-Equity among Waste Management companies is 10.00, based on 224 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. Eco Recycling's current Return-on-Tangible-Equity of 27.70% is 177.1% 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 Eco Recycling and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 10.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eco Recycling's current Return-on-Tangible-Equity is 27.70%, which is 90% above median its own 10-year median of 14.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eco Recycling stock overvalued right now?
Based on GuruFocus' analysis, Eco Recycling (BOM:530643) is currently considered Possible Value Trap. The stock's GF Value™ is ₹745.86, compared to a current price of ₹495.95 — trading 33.5% below its estimated fair value. The current Return-on-Tangible-Equity is 27.70%, which is 90% above median its 10-year median of 14.57 and 177.1% above the Waste Management industry median of 10.00. Eco Recycling's overall GF Score™ is 85/100 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 Eco Recycling (BOM:530643), the current Return-on-Tangible-Equity is 27.70% 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 Eco Recycling (BOM:530643) Overvalued in 2026?
Based on GuruFocus' analysis, Eco Recycling stock appears to be undervalued.
The current stock price of ₹495.95 is trading 33.5% below its estimated GF Value™ of ₹745.86.
GuruFocus considers Eco Recycling to be Possible Value Trap.
Key valuation signals for BOM:530643:
Return-on-Tangible-Equity: 27.70% (90% above median its 10-year median of 14.57)
GF Value™: ₹745.86 vs. price of ₹495.95 (33.5% below fair value)
Industry Position: 177.1% above the Waste Management median (#53 of 224)
No single metric tells the full story. See the BOM:530643 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressAndheri Kurla Road, Unit No. 422, 4th Floor, The Summit Business Bay, Opposite Cine Max Theater, Near WEH Metro Station, Andheri (East), Mumbai, IND, 400093
Eco Recycling Ltd is an Indian-based e-waste management company engaged in the business of recycling of electrical & electronic waste and affiliated services. It operates through a single segment: Operations of e-waste recycling. The company provides an end-to-end integrated solution for e-waste management to Multi-National Companies (MNC), Retailers, Original Equipment Manufacturers (OEM), Government Departments, NGOs, Households, Educational Institutions, and all other entities. The company earns revenue by the sale of scrap as well as by providing services.
85GF Score
Get the complete analysis for BOM:530643
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