KCK Industries (NSE:KCK) Return-on-Tangible-Equity: 0.00% (As of Mar. 2024)

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NSE:KCK KCK Industries Ltd NSE:KCK
32 GF Score
Price ₹15.95
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What is KCK Industries Return-on-Tangible-Equity?

KCK Industries NSE:KCK 32 Return-on-Tangible-Equity is 0.00% as of Mar. 2024. GuruFocus rates NSE:KCK with a GF Score™ of 32/100.

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. KCK Industries's annualized net income for the quarter that ended in Mar. 2024 was ₹0.0 Mil. KCK Industries's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₹166.9 Mil. Therefore, KCK Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 0.00%.

The historical rank and industry rank for KCK Industries's Return-on-Tangible-Equity or its related term are showing as below:

NSE:KCK's Return-on-Tangible-Equity is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 4.43
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

KCK Industries  (NSE:KCK) 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.


KCK Industries Return-on-Tangible-Equity Related Terms


KCK Industries Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for KCK 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.

KCK Industries Return-on-Tangible-Equity Chart

KCK Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial 13.55 5.73 24.99 15.81 9.57

KCK Industries Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial 29.59 21.42 3.08 22.50 0.00

NSE:KCK vs AIN: Return-on-Tangible-Equity Comparison

For the Textile Manufacturing subindustry, KCK 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.


KCK Industries Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, KCK Industries's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where KCK Industries's Return-on-Tangible-Equity falls into.


NSE:KCK
32GF Score
KCK Industries Ltd NSE:KCK
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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KCK Industries Return-on-Tangible-Equity Calculation

KCK Industries's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=15.962/( (112.228+221.49 )/ 2 )
=15.962/166.859
=9.57 %

KCK Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Mar. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Mar. 2023 )(Q: Mar. 2024 )
=0/( (112.228+221.49)/ 2 )
=0/166.859
=0.00 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
KCK Industries (NSE:KCK) has a Return-on-Tangible-Equity of 0.00% as of Mar. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on KCK Industries and its competitors.
Is KCK Industries' Return-on-Tangible-Equity too high?
KCK Industries' current Return-on-Tangible-Equity is 0.00%. Overall, KCK Industries has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does KCK Industries' Return-on-Tangible-Equity compare to AIN?
KCK Industries' Return-on-Tangible-Equity of 0.00% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Return-on-Tangible-Equity is 4.43. 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 1,014 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 KCK Industries 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. KCK Industries's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KCK Industries stock overvalued right now?
KCK Industries (NSE:KCK) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. KCK Industries' overall GF Score™ is 32/100. 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 KCK Industries (NSE:KCK), the current Return-on-Tangible-Equity is 0.00% as of Mar. 2024. 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.

KCK Industries Business Description

Address Village Khokhar Kalan, Lehragaga, District Sangrur, Sangrur, PB, IND, 148031
KCK Industries Ltd is engaged in the business of trading and distribution of high-quality combed and carded cotton yarns in single and multifold and knitted fabrics. Its trading business also includes trading and distribution of high-quality chemicals and dyes for the textiles industry, leather, and paper industries. It also deals in Construction Chemicals. It supplies a diverse product portfolio in the chemicals and dyes segment. Its segments include the Trading segment and the Manufacturing / Processing Segment. It derives the majority of the revenue from the Manufacturing / Processing Segment that engages in processing the non-basmati and basmati rice.
32GF Score

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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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