Esprit StonesNSE:ESPRIT 31 Return-on-Tangible-Equity is -1.77% as of Mar. 2026. GuruFocus rates NSE:ESPRIT with a GF Score™ of 31/100. The stock has 6 warning signs investors should review. Among 397 Building Materials companies, Esprit Stones ranks worse than 78.59% 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. Esprit Stones's annualized net income for the quarter that ended in Mar. 2026 was ₹-23 Mil. Esprit Stones's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,317 Mil. Therefore, Esprit Stones's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -1.77%.
The historical rank and industry rank for Esprit Stones's Return-on-Tangible-Equity or its related term are showing as below:
NSE:ESPRIT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.98 Med: 15.17 Max: 38.27
Current: -1.98
During the past 6 years, Esprit Stones's highest Return-on-Tangible-Equity was 38.27%. The lowest was -1.98%. And the median was 15.17%.
NSE:ESPRIT's Return-on-Tangible-Equity is ranked worse than 78.59% of 397
companies
in the Building Materials industry
Industry Median: 5.08
vs NSE:ESPRIT: -1.98
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.
Esprit Stones Return-on-Tangible-Equity Related Terms
Esprit Stones Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Esprit Stones'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.
NSE:ESPRIT vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison
For the Building Materials subindustry, Esprit Stones'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.
Esprit Stones Return-on-Tangible-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Esprit Stones's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Esprit Stones'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 two times the semi-annual (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 -1.77% mean?
Esprit Stones (NSE:ESPRIT) has a Return-on-Tangible-Equity of -1.77% 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 Esprit Stones and its competitors. According to the industry distribution chart, Esprit Stones ranks #312 out of 397 companies in the Building Materials industry, placing it in the top 78.6%.
Is Esprit Stones' Return-on-Tangible-Equity too high?
Esprit Stones' current Return-on-Tangible-Equity is -1.77%. Based on the distribution chart, Esprit Stones ranks #312 out of 397 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Esprit Stones has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Esprit Stones' Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Esprit Stones ranks #312 out of 397 companies for Return-on-Tangible-Equity. This places Esprit Stones in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.08. 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 Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.08, based on 397 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. 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 Esprit Stones and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Esprit Stones's current Return-on-Tangible-Equity is -1.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Esprit Stones stock overvalued right now?
Esprit Stones (NSE:ESPRIT) has a current Return-on-Tangible-Equity of -1.77%. The current Return-on-Tangible-Equity is -1.77%. Esprit Stones' overall GF Score™ is 31/100 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 Esprit Stones (NSE:ESPRIT), the current Return-on-Tangible-Equity is -1.77% 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.
Esprit Stones Ltd is engaged in the manufacturing of engineered stones such as engineered quartz and marble. The products of the company are used for vanities & bathroom surfaces, kitchen countertops, floors, and wall cladding furniture, and other interior surfaces used in various residential and non-residential applications. The company has two segments: Engineered Stones and Unsaturated Polyester Resin. The key revenue of the company is generated from Engineered Stones.
31GF Score
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