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.
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.
Elitecon InternationalBOM:539533 -2.53%61 Return-on-Tangible-Equity is 106.78% as of Dec. 2025, which is 15154% above its 10-year median of 0.70. GuruFocus rates BOM:539533 with a GF Score™ of 61/100 and a GF Value™ of ₹2.12 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 44 Tobacco Products companies, Elitecon International ranks better than 75% 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. Elitecon International's annualized net income for the quarter that ended in Dec. 2025 was ₹3,691 Mil. Elitecon International's average shareholder tangible equity for the quarter that ended in Dec. 2025 was ₹3,457 Mil. Therefore, Elitecon International's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 106.78%.
The historical rank and industry rank for Elitecon International's Return-on-Tangible-Equity or its related term are showing as below:
BOM:539533'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.29 Med: 0.7 Max: 175.63
Current: 175.63
During the past 11 years, Elitecon International's highest Return-on-Tangible-Equity was 175.63%. The lowest was -1.29%. And the median was 0.70%.
BOM:539533's Return-on-Tangible-Equity is ranked better than 75% of 44
companies
in the Tobacco Products industry
Industry Median: 28.02
vs BOM:539533: 175.63
Elitecon International (BOM:539533) 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.
Elitecon International Return-on-Tangible-Equity Related Terms
Elitecon International Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Elitecon International'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.
Elitecon International Return-on-Tangible-Equity Chart
BOM:539533 vs PM, MO, TPB: Return-on-Tangible-Equity Comparison
For the Tobacco subindustry, Elitecon International'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.
Elitecon International Return-on-Tangible-Equity vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Elitecon International's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Elitecon International'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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 106.78% mean?
Elitecon International (BOM:539533) has a Return-on-Tangible-Equity of 106.78% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Elitecon International and its competitors. This is 15154% above median its historical median of 0.70. According to the industry distribution chart, Elitecon International ranks #11 out of 44 companies in the Tobacco Products industry, placing it in the top 25%.
Is Elitecon International's Return-on-Tangible-Equity too high?
Elitecon International's current Return-on-Tangible-Equity of 106.78% is 15154% above median its 10-year median of 0.70. The Tobacco Products industry median Return-on-Tangible-Equity is 28.02. Elitecon International's value of 106.78% is 281.1% above this industry median. Based on the distribution chart, Elitecon International ranks #11 out of 44 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, Elitecon International has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elitecon International's Return-on-Tangible-Equity compare to PM and MO?
According to the Tobacco Products industry distribution chart, Elitecon International ranks #11 out of 44 companies for Return-on-Tangible-Equity. This places Elitecon International in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 28.02. Elitecon International's value of 106.78% is 281.1% above this benchmark. While the company's 10-year median is 0.70 vs. the industry median of 28.02, Elitecon International 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 Tobacco Products company?
The median Return-on-Tangible-Equity among Tobacco Products companies is 28.02, based on 44 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. Elitecon International's current Return-on-Tangible-Equity of 106.78% is 281.1% 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 Elitecon International and its competitors. For the Tobacco Products industry, the median Return-on-Tangible-Equity is 28.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elitecon International's current Return-on-Tangible-Equity is 106.78%, which is 15154% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elitecon International stock overvalued right now?
Based on GuruFocus' analysis, Elitecon International (BOM:539533) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.12, compared to a current price of ₹18.10 — trading 753.8% above its estimated fair value. The current Return-on-Tangible-Equity is 106.78%, which is 15154% above median its 10-year median of 0.70 and 281.1% above the Tobacco Products industry median of 28.02. Elitecon International's overall GF Score™ is 61/100 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 Elitecon International (BOM:539533), the current Return-on-Tangible-Equity is 106.78% as of Dec. 2025. 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 Elitecon International (BOM:539533) Overvalued in 2026?
Based on GuruFocus' analysis, Elitecon International stock appears to be overvalued.
The current stock price of ₹18.10 is trading 753.8% above its estimated GF Value™ of ₹2.12.
GuruFocus considers Elitecon International to be Significantly Overvalued.
Key valuation signals for BOM:539533:
Return-on-Tangible-Equity: 106.78% (15154% above median its 10-year median of 0.70)
GF Value™: ₹2.12 vs. price of ₹18.10 (753.8% above fair value)
Industry Position: 281.1% above the Tobacco Products median (#11 of 44)
No single metric tells the full story. See the BOM:539533 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elitecon International Ltd operates in the manufacturing and trading of tobacco products including cigarettes, smoking mixtures, and sheesha. The company serves both domestic and international markets, with notable exports to regions such as the Middle East, Asia, and Europe. Elitecon has expanded its portfolio to include fast-moving consumer goods (FMCG), with upcoming plans to introduce products like snacks, edible oils, and other essentials. Its revenue is generated majorly through the sale of tobacco-based products and FMCG items, supported by a manufacturing infrastructure focused on innovation and sustainability. The company has two reportable segments, "tobacco and allied products" and "Agro Commodities".
61GF Score
Get the complete analysis for BOM:539533
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:539533 has been successfully added to your 
