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Indorama Ventures PCLINDOY 72 Return-on-Tangible-Equity is 29.14% as of Jun. 2026, which is 87% above its 10-year median of 15.57. GuruFocus rates INDOY with a GF Score™ of 72/100 and a GF Value™ of $6.19 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,574 Chemicals companies, Indorama Ventures PCL ranks worse than 80.18% 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. Indorama Ventures PCL's annualized net income for the quarter that ended in Jun. 2026 was $725 Mil. Indorama Ventures PCL's average shareholder tangible equity for the quarter that ended in Jun. 2026 was $2,487 Mil. Therefore, Indorama Ventures PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 29.14%.
The historical rank and industry rank for Indorama Ventures PCL's Return-on-Tangible-Equity or its related term are showing as below:
INDOY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -20.35 Med: 15.57 Max: 28.04
Current: -2.99
During the past 13 years, Indorama Ventures PCL's highest Return-on-Tangible-Equity was 28.04%. The lowest was -20.35%. And the median was 15.57%.
INDOY's Return-on-Tangible-Equity is ranked worse than 80.18% of 1574
companies
in the Chemicals industry
Industry Median: 6.095
vs INDOY: -2.99
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.
Indorama Ventures PCL Return-on-Tangible-Equity Related Terms
Indorama Ventures PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Indorama Ventures PCL'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.
INDOY vs DOW: Return-on-Tangible-Equity Comparison
For the Chemicals subindustry, Indorama Ventures PCL'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.
Indorama Ventures PCL Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Indorama Ventures PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Indorama Ventures PCL'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 (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 29.14% mean?
Indorama Ventures PCL (INDOY) has a Return-on-Tangible-Equity of 29.14% 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 Indorama Ventures PCL and its competitors. This is 87% above median its historical median of 15.57. According to the industry distribution chart, Indorama Ventures PCL ranks #1262 out of 1574 companies in the Chemicals industry, placing it in the top 80.2%.
Is Indorama Ventures PCL's Return-on-Tangible-Equity too high?
Indorama Ventures PCL's current Return-on-Tangible-Equity of 29.14% is 87% above median its 10-year median of 15.57. The Chemicals industry median Return-on-Tangible-Equity is 6.10. Indorama Ventures PCL's value of 29.14% is 378.1% above this industry median. Based on the distribution chart, Indorama Ventures PCL ranks #1262 out of 1574 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Indorama Ventures PCL has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indorama Ventures PCL's Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Indorama Ventures PCL ranks #1262 out of 1574 companies for Return-on-Tangible-Equity. This places Indorama Ventures PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.10. Indorama Ventures PCL's value of 29.14% is 378.1% above this benchmark. While the company's 10-year median is 15.57 vs. the industry median of 6.10, Indorama Ventures PCL 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 6.10, based on 1,574 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. Indorama Ventures PCL's current Return-on-Tangible-Equity of 29.14% is 378.1% 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 Indorama Ventures PCL and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 6.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indorama Ventures PCL's current Return-on-Tangible-Equity is 29.14%, which is 87% above median its own 10-year median of 15.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indorama Ventures PCL stock overvalued right now?
Based on GuruFocus' analysis, Indorama Ventures PCL (INDOY) is currently considered Fairly Valued. The stock's GF Value™ is $6.19, compared to a current price of $6.55 — trading 5.8% above its estimated fair value. The current Return-on-Tangible-Equity is 29.14%, which is 87% above median its 10-year median of 15.57 and 378.1% above the Chemicals industry median of 6.10. Indorama Ventures PCL's overall GF Score™ is 72/100 with 8 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 Indorama Ventures PCL (INDOY), the current Return-on-Tangible-Equity is 29.14% 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 Indorama Ventures PCL (INDOY) Overvalued in 2026?
Based on GuruFocus' analysis, Indorama Ventures PCL stock appears to be overvalued.
The current stock price of $6.55 is trading 5.8% above its estimated GF Value™ of $6.19.
GuruFocus considers Indorama Ventures PCL to be Fairly Valued.
Key valuation signals for INDOY:
Return-on-Tangible-Equity: 29.14% (87% above median its 10-year median of 15.57)
GF Value™: $6.19 vs. price of $6.55 (5.8% above fair value)
Industry Position: 378.1% above the Chemicals median (#1262 of 1574)
No single metric tells the full story. See the INDOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indorama Ventures PCL is engaged in the manufacture and distribution of Polyethylene Terephthalate, Purified Terephthalic Acid, Paraxylene, recycling, Purified Isophthalic Acid, Naphthalene Dicarboxylate, PET preforms and packaging, Integrated EG, Integrated purified EO, PO/MTBE, Integrated Surfactants comprising EOA, LAB and others, Fibers including Polyester, Rayon, Nylon, Polypropylene, composites and worsted wool fibers products. The company operates in three reportable segments Combined PET, Integrated Oxides and Derivatives and Fibers. The maximum revenue is derived from the Combined PET segment.
72GF Score
Get the complete analysis for INDOY
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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