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JSW DuluxNSE:JSWDULUX +3.33%72 Return-on-Tangible-Equity is 24.55% as of Jun. 2026, which is 0% above its 10-year median of 24.50. GuruFocus rates NSE:JSWDULUX with a GF Score™ of 72/100 and a GF Value™ of ₹2,800.52 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,574 Chemicals companies, JSW Dulux ranks better than 97.97% 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. JSW Dulux's annualized net income for the quarter that ended in Jun. 2026 was ₹3,188 Mil. JSW Dulux's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹12,988 Mil. Therefore, JSW Dulux's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 24.55%.
The historical rank and industry rank for JSW Dulux's Return-on-Tangible-Equity or its related term are showing as below:
NSE:JSWDULUX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.53 Med: 24.5 Max: 158.78
Current: 158.78
During the past 13 years, JSW Dulux's highest Return-on-Tangible-Equity was 158.78%. The lowest was 16.53%. And the median was 24.50%.
NSE:JSWDULUX's Return-on-Tangible-Equity is ranked better than 97.97% of 1574
companies
in the Chemicals industry
Industry Median: 5.99
vs NSE:JSWDULUX: 158.78
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.
JSW Dulux Return-on-Tangible-Equity Related Terms
JSW Dulux Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for JSW Dulux'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:JSWDULUX vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, JSW Dulux'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.
JSW Dulux Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, JSW Dulux's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where JSW Dulux'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 24.55% mean?
JSW Dulux (NSE:JSWDULUX) has a Return-on-Tangible-Equity of 24.55% 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 JSW Dulux and its competitors. This is near median its historical median of 24.50. Over the past decade, JSW Dulux's Return-on-Tangible-Equity has ranged from 16.53 to 158.78. According to the industry distribution chart, JSW Dulux ranks #32 out of 1574 companies in the Chemicals industry, placing it in the top 2%.
Is JSW Dulux's Return-on-Tangible-Equity too high?
JSW Dulux's current Return-on-Tangible-Equity of 24.55% is near median its 10-year median of 24.50. Over the past 10 years, this metric has ranged from a low of 16.53 to a high of 158.78. The Chemicals industry median Return-on-Tangible-Equity is 5.99. JSW Dulux's value of 24.55% is 309.8% above this industry median. Based on the distribution chart, JSW Dulux ranks #32 out of 1574 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, JSW Dulux has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JSW Dulux's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, JSW Dulux ranks #32 out of 1574 companies for Return-on-Tangible-Equity. This places JSW Dulux in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.99. JSW Dulux's value of 24.55% is 309.8% above this benchmark. Historically, JSW Dulux's own Return-on-Tangible-Equity has ranged from 16.53 to 158.78 over the past decade. While the company's 10-year median is 24.50 vs. the industry median of 5.99, JSW Dulux 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 5.99, 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. JSW Dulux's current Return-on-Tangible-Equity of 24.55% is 309.8% 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 JSW Dulux and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Dulux's current Return-on-Tangible-Equity is 24.55%, which is near median its own 10-year median of 24.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Dulux stock overvalued right now?
Based on GuruFocus' analysis, JSW Dulux (NSE:JSWDULUX) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹2,800.52, compared to a current price of ₹3,157.00 — trading 12.7% above its estimated fair value. The current Return-on-Tangible-Equity is 24.55%, which is near median its 10-year median of 24.50 and 309.8% above the Chemicals industry median of 5.99. JSW Dulux's overall GF Score™ is 72/100 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 JSW Dulux (NSE:JSWDULUX), the current Return-on-Tangible-Equity is 24.55% 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 JSW Dulux (NSE:JSWDULUX) Overvalued in 2026?
Based on GuruFocus' analysis, JSW Dulux stock appears to be overvalued.
The current stock price of ₹3,157.00 is trading 12.7% above its estimated GF Value™ of ₹2,800.52.
GuruFocus considers JSW Dulux to be Modestly Overvalued.
Key valuation signals for NSE:JSWDULUX:
Return-on-Tangible-Equity: 24.55% (near median its 10-year median of 24.50)
GF Value™: ₹2,800.52 vs. price of ₹3,157.00 (12.7% above fair value)
Industry Position: 309.8% above the Chemicals median (#32 of 1574)
No single metric tells the full story. See the NSE:JSWDULUX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JSW Dulux Ltd is engaged in the business of manufacturing, trading and selling paints and related products. The Company is principally engaged in the manufacturing of paints, coatings and allied products in India. It operates through the Paints segment. The Company generates maximum revenue from Domestic operations and also has Overseas operations.
72GF Score
Get the complete analysis for NSE:JSWDULUX
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