Ecoline EximNSE:ECOLINE 29 Return-on-Tangible-Equity is 23.55% as of Mar. 2025, which is 37% below its 10-year median of 37.48. GuruFocus rates NSE:ECOLINE with a GF Score™ of 29/100. The stock has 6 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Ecoline Exim ranks better than 90.03% 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. Ecoline Exim's annualized net income for the quarter that ended in Mar. 2025 was ₹188 Mil. Ecoline Exim's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹799 Mil. Therefore, Ecoline Exim's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 23.55%.
The historical rank and industry rank for Ecoline Exim's Return-on-Tangible-Equity or its related term are showing as below:
NSE:ECOLINE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 23.55 Med: 37.48 Max: 38.4
Current: 23.55
During the past 3 years, Ecoline Exim's highest Return-on-Tangible-Equity was 38.40%. The lowest was 23.55%. And the median was 37.48%.
NSE:ECOLINE's Return-on-Tangible-Equity is ranked better than 90.03% of 1013
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs NSE:ECOLINE: 23.55
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.
Ecoline Exim Return-on-Tangible-Equity Related Terms
Ecoline Exim Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ecoline Exim'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.
Ecoline Exim Return-on-Tangible-Equity Chart
Ecoline Exim Annual Data
Trend
Mar23
Mar24
Mar25
Return-on-Tangible-Equity
38.40
37.48
23.55
Ecoline Exim Semi-Annual Data
Mar23
Mar24
Mar25
Return-on-Tangible-Equity
38.40
37.48
23.55
NSE:ECOLINE vs NKE, DECK, ONON: Return-on-Tangible-Equity Comparison
For the Footwear & Accessories subindustry, Ecoline Exim'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.
Ecoline Exim Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ecoline Exim's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ecoline Exim'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 one times the annual (Mar. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 23.55% mean?
Ecoline Exim (NSE:ECOLINE) has a Return-on-Tangible-Equity of 23.55% as of Mar. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ecoline Exim and its competitors. This is 37% below median its historical median of 37.48. Over the past decade, Ecoline Exim's Return-on-Tangible-Equity has ranged from 23.55 to 38.40. According to the industry distribution chart, Ecoline Exim ranks #101 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 10%.
Is Ecoline Exim's Return-on-Tangible-Equity too high?
Ecoline Exim's current Return-on-Tangible-Equity of 23.55% is 37% below median its 10-year median of 37.48. Over the past 10 years, this metric has ranged from a low of 23.55 to a high of 38.40. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Ecoline Exim's value of 23.55% is 431.6% above this industry median. Based on the distribution chart, Ecoline Exim ranks #101 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Ecoline Exim has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Ecoline Exim's Return-on-Tangible-Equity compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ecoline Exim ranks #101 out of 1013 companies for Return-on-Tangible-Equity. This places Ecoline Exim in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.43. Ecoline Exim's value of 23.55% is 431.6% above this benchmark. Historically, Ecoline Exim's own Return-on-Tangible-Equity has ranged from 23.55 to 38.40 over the past decade. While the company's 10-year median is 37.48 vs. the industry median of 4.43, Ecoline Exim 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,013 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. Ecoline Exim's current Return-on-Tangible-Equity of 23.55% is 431.6% 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 Ecoline Exim and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecoline Exim's current Return-on-Tangible-Equity is 23.55%, which is 37% below median its own 10-year median of 37.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecoline Exim stock overvalued right now?
Ecoline Exim (NSE:ECOLINE) has a current Return-on-Tangible-Equity of 23.55%. The current Return-on-Tangible-Equity is 23.55%, which is 37% below median its 10-year median of 37.48 and 431.6% above the Manufacturing - Apparel & Accessories industry median of 4.43. Ecoline Exim's overall GF Score™ is 29/100 with 6 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 Ecoline Exim (NSE:ECOLINE), the current Return-on-Tangible-Equity is 23.55% as of Mar. 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.
Ecoline Exim Ltd is engaged in the manufacturing of a wide range of sustainable packaging and promotional bags made out of cotton and jute. The company is engaged in the export of these bags globally. It exports its products to more than 27 countries. Its export market is the European Union, the USA, Japan, Southeast Asia, and Mexico etc. The company offers a variety of eco-conscious cotton and jute bags. Its offerings include: Recycled Cotton Bags, Organic Cotton Bags, Fairtrade Cotton Bags, Conventional Cotton Bags, and Jute Bags.
29GF Score
Get the complete analysis for NSE:ECOLINE
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
NSE:ECOLINE has been successfully added to your 