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Fine Organic IndustriesNSE:FINEORG -0.80%98 Return-on-Tangible-Equity is 17.66% as of Mar. 2026, which is 34% below its 10-year median of 26.63. GuruFocus rates NSE:FINEORG with a GF Score™ of 98/100 and a GF Value™ of ₹4,764.97 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,569 Chemicals companies, Fine Organic Industries ranks better than 85.53% 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. Fine Organic Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹4,700 Mil. Fine Organic Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹26,608 Mil. Therefore, Fine Organic Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.66%.
The historical rank and industry rank for Fine Organic Industries's Return-on-Tangible-Equity or its related term are showing as below:
NSE:FINEORG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.84 Med: 26.63 Max: 49.48
Current: 16.84
During the past 13 years, Fine Organic Industries's highest Return-on-Tangible-Equity was 49.48%. The lowest was 16.84%. And the median was 26.63%.
NSE:FINEORG's Return-on-Tangible-Equity is ranked better than 85.53% of 1569
companies
in the Chemicals industry
Industry Median: 5.73
vs NSE:FINEORG: 16.84
Fine Organic Industries (NSE:FINEORG) 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.
Fine Organic Industries Return-on-Tangible-Equity Related Terms
Fine Organic Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Fine Organic Industries'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.
Fine Organic Industries Return-on-Tangible-Equity Chart
NSE:FINEORG vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Fine Organic Industries'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.
Fine Organic Industries Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Fine Organic Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fine Organic Industries'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 17.66% mean?
Fine Organic Industries (NSE:FINEORG) has a Return-on-Tangible-Equity of 17.66% 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 Fine Organic Industries and its competitors. This is 34% below median its historical median of 26.63. Over the past decade, Fine Organic Industries' Return-on-Tangible-Equity has ranged from 16.84 to 49.48. According to the industry distribution chart, Fine Organic Industries ranks #227 out of 1569 companies in the Chemicals industry, placing it in the top 14.5%.
Is Fine Organic Industries' Return-on-Tangible-Equity too high?
Fine Organic Industries' current Return-on-Tangible-Equity of 17.66% is 34% below median its 10-year median of 26.63. Over the past 10 years, this metric has ranged from a low of 16.84 to a high of 49.48. The Chemicals industry median Return-on-Tangible-Equity is 5.73. Fine Organic Industries' value of 17.66% is 208.2% above this industry median. Based on the distribution chart, Fine Organic Industries ranks #227 out of 1569 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Fine Organic Industries has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fine Organic Industries' Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Fine Organic Industries ranks #227 out of 1569 companies for Return-on-Tangible-Equity. This places Fine Organic Industries in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.73. Fine Organic Industries' value of 17.66% is 208.2% above this benchmark. Historically, Fine Organic Industries' own Return-on-Tangible-Equity has ranged from 16.84 to 49.48 over the past decade. While the company's 10-year median is 26.63 vs. the industry median of 5.73, Fine Organic Industries 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 5.73, based on 1,569 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. Fine Organic Industries's current Return-on-Tangible-Equity of 17.66% is 208.2% 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 Fine Organic Industries and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fine Organic Industries's current Return-on-Tangible-Equity is 17.66%, which is 34% below median its own 10-year median of 26.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fine Organic Industries stock overvalued right now?
Based on GuruFocus' analysis, Fine Organic Industries (NSE:FINEORG) is currently considered Fairly Valued. The stock's GF Value™ is ₹4,764.97, compared to a current price of ₹4,984.00 — trading 4.6% above its estimated fair value. The current Return-on-Tangible-Equity is 17.66%, which is 34% below median its 10-year median of 26.63 and 208.2% above the Chemicals industry median of 5.73. Fine Organic Industries' overall GF Score™ is 98/100 with 5 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 Fine Organic Industries (NSE:FINEORG), the current Return-on-Tangible-Equity is 17.66% 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 Fine Organic Industries (NSE:FINEORG) Overvalued in 2026?
Based on GuruFocus' analysis, Fine Organic Industries stock appears to be overvalued.
The current stock price of ₹4,984.00 is trading 4.6% above its estimated GF Value™ of ₹4,764.97.
GuruFocus considers Fine Organic Industries to be Fairly Valued.
Key valuation signals for NSE:FINEORG:
Return-on-Tangible-Equity: 17.66% (34% below median its 10-year median of 26.63)
GF Value™: ₹4,764.97 vs. price of ₹4,984.00 (4.6% above fair value)
Industry Position: 208.2% above the Chemicals median (#227 of 1569)
No single metric tells the full story. See the NSE:FINEORG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fine Organic Industries Ltd is an Indian company engaged in the business of manufacturing oleochemical-based additives. The company produces specialty additives for foods, plastics, rubbers, paints, inks, cosmetics, coatings, textile auxiliaries, and several other specialty applications. Some of the chemicals in its product portfolio are Finalux G 101, Finasoft 100, Finamul 2402, and FinaGreen 1014 among others. Geographically, the company generates a majority of its revenue from outside India by exporting its products to various countries.
98GF Score
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