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MCON Rasayan IndiaNSE:MCON +1.82%73 Return-on-Tangible-Equity is 10.17% as of Mar. 2026, which is 21% below its 10-year median of 12.93. GuruFocus rates NSE:MCON with a GF Score™ of 73/100 and a GF Value™ of ₹182.37 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,570 Chemicals companies, MCON Rasayan India ranks better than 63.95% 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. MCON Rasayan India's annualized net income for the quarter that ended in Mar. 2026 was ₹35.9 Mil. MCON Rasayan India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹353.2 Mil. Therefore, MCON Rasayan India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.17%.
The historical rank and industry rank for MCON Rasayan India's Return-on-Tangible-Equity or its related term are showing as below:
NSE:MCON'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.26 Med: 12.93 Max: 23.71
Current: 8.8
During the past 7 years, MCON Rasayan India's highest Return-on-Tangible-Equity was 23.71%. The lowest was 3.26%. And the median was 12.93%.
NSE:MCON's Return-on-Tangible-Equity is ranked better than 63.95% of 1570
companies
in the Chemicals industry
Industry Median: 5.77
vs NSE:MCON: 8.80
MCON Rasayan India (NSE:MCON) 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.
MCON Rasayan India Return-on-Tangible-Equity Related Terms
MCON Rasayan India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for MCON Rasayan India'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.
MCON Rasayan India Return-on-Tangible-Equity Chart
NSE:MCON vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, MCON Rasayan India'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.
MCON Rasayan India Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, MCON Rasayan India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MCON Rasayan India'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 10.17% mean?
MCON Rasayan India (NSE:MCON) has a Return-on-Tangible-Equity of 10.17% 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 MCON Rasayan India and its competitors. This is 21% below median its historical median of 12.93. Over the past decade, MCON Rasayan India's Return-on-Tangible-Equity has ranged from 3.26 to 23.71. According to the industry distribution chart, MCON Rasayan India ranks #566 out of 1570 companies in the Chemicals industry, placing it in the top 36.1%.
Is MCON Rasayan India's Return-on-Tangible-Equity too high?
MCON Rasayan India's current Return-on-Tangible-Equity of 10.17% is 21% below median its 10-year median of 12.93. Over the past 10 years, this metric has ranged from a low of 3.26 to a high of 23.71. The Chemicals industry median Return-on-Tangible-Equity is 5.77. MCON Rasayan India's value of 10.17% is 76.3% above this industry median. Based on the distribution chart, MCON Rasayan India ranks #566 out of 1570 companies in the Chemicals industry, which is above the industry midpoint. Overall, MCON Rasayan India has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MCON Rasayan India's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, MCON Rasayan India ranks #566 out of 1570 companies for Return-on-Tangible-Equity. This puts MCON Rasayan India in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.77. MCON Rasayan India's value of 10.17% is 76.3% above this benchmark. Historically, MCON Rasayan India's own Return-on-Tangible-Equity has ranged from 3.26 to 23.71 over the past decade. While the company's 10-year median is 12.93 vs. the industry median of 5.77, MCON Rasayan India 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 5.77, based on 1,570 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. MCON Rasayan India's current Return-on-Tangible-Equity of 10.17% is 76.3% 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 MCON Rasayan India and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MCON Rasayan India's current Return-on-Tangible-Equity is 10.17%, which is 21% below median its own 10-year median of 12.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCON Rasayan India stock overvalued right now?
Based on GuruFocus' analysis, MCON Rasayan India (NSE:MCON) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹182.37, compared to a current price of ₹44.80 — trading 75.4% below its estimated fair value. The current Return-on-Tangible-Equity is 10.17%, which is 21% below median its 10-year median of 12.93 and 76.3% above the Chemicals industry median of 5.77. MCON Rasayan India's overall GF Score™ is 73/100 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 MCON Rasayan India (NSE:MCON), the current Return-on-Tangible-Equity is 10.17% 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 MCON Rasayan India (NSE:MCON) Overvalued in 2026?
Based on GuruFocus' analysis, MCON Rasayan India stock appears to be undervalued.
The current stock price of ₹44.80 is trading 75.4% below its estimated GF Value™ of ₹182.37.
GuruFocus considers MCON Rasayan India to be Significantly Undervalued.
Key valuation signals for NSE:MCON:
Return-on-Tangible-Equity: 10.17% (21% below median its 10-year median of 12.93)
GF Value™: ₹182.37 vs. price of ₹44.80 (75.4% below fair value)
Industry Position: 76.3% above the Chemicals median (#566 of 1570)
No single metric tells the full story. See the NSE:MCON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MCON Rasayan India Ltd is engaged mainly in the business of manufacturing and selling modern building materials and construction chemicals. Its product offerings include waterproofing chemicals, wall finishes and paints (acrylic putty, distemper, emulsion, etc.), tile adhesives and grout, sealant, ready-mix mortar, protective coating chemicals, concrete repair and flooring chemicals, admixtures, etc.
73GF Score
Get the complete analysis for NSE:MCON
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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