Paragon Fine and Speciality Chemical (NSE:PARAGON) Return-on-Tangible-Equity: 14.87% (As of Mar. 2026) — 58% Below Median

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NSE:PARAGON Paragon Fine and Speciality Chemical Ltd NSE:PARAGON
54 GF Score
Price ₹48.00
GF Value ₹109.93
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Paragon Fine and Speciality Chemical Return-on-Tangible-Equity?

Paragon Fine and Speciality Chemical NSE:PARAGON -0.41% 54 Return-on-Tangible-Equity is 14.87% as of Mar. 2026, which is 58% below its 10-year median of 35.54. GuruFocus rates NSE:PARAGON with a GF Score™ of 54/100 and a GF Value™ of ₹109.93 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,576 Chemicals companies, Paragon Fine and Speciality Chemical ranks better than 63.83% 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. Paragon Fine and Speciality Chemical's annualized net income for the quarter that ended in Mar. 2026 was ₹141 Mil. Paragon Fine and Speciality Chemical's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹949 Mil. Therefore, Paragon Fine and Speciality Chemical's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.87%.

The historical rank and industry rank for Paragon Fine and Speciality Chemical's Return-on-Tangible-Equity or its related term are showing as below:

NSE:PARAGON' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.85   Med: 35.54   Max: 56.89
Current: 9.72

During the past 6 years, Paragon Fine and Speciality Chemical's highest Return-on-Tangible-Equity was 56.89%. The lowest was 6.85%. And the median was 35.54%.

NSE:PARAGON's Return-on-Tangible-Equity is ranked better than
63.83% of 1576 companies
in the Chemicals industry
Industry Median: 6.63 vs NSE:PARAGON: 9.72

Paragon Fine and Speciality Chemical  (NSE:PARAGON) 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.


Paragon Fine and Speciality Chemical Return-on-Tangible-Equity Related Terms


Paragon Fine and Speciality Chemical Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Paragon Fine and Speciality Chemical'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.

Paragon Fine and Speciality Chemical Return-on-Tangible-Equity Chart

Paragon Fine and Speciality Chemical Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial 44.03 56.89 27.05 6.85 9.64

Paragon Fine and Speciality Chemical Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial 0.00 4.09 9.43 4.40 14.87

NSE:PARAGON vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison

For the Specialty Chemicals subindustry, Paragon Fine and Speciality Chemical'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.


Paragon Fine and Speciality Chemical Return-on-Tangible-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Paragon Fine and Speciality Chemical's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Paragon Fine and Speciality Chemical's Return-on-Tangible-Equity falls into.


NSE:PARAGON
54GF Score
Paragon Fine and Speciality Chemical Ltd NSE:PARAGON
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paragon Fine and Speciality Chemical Return-on-Tangible-Equity Calculation

Paragon Fine and Speciality Chemical's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=90.458/( (893.549+984.006 )/ 2 )
=90.458/938.7775
=9.64 %

Paragon Fine and Speciality Chemical's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=141.118/( (913.448+984.006)/ 2 )
=141.118/948.727
=14.87 %

* 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 14.87% mean?
Paragon Fine and Speciality Chemical (NSE:PARAGON) has a Return-on-Tangible-Equity of 14.87% 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 Paragon Fine and Speciality Chemical and its competitors. This is 58% below median its historical median of 35.54. Over the past decade, Paragon Fine and Speciality Chemical's Return-on-Tangible-Equity has ranged from 6.85 to 56.89. According to the industry distribution chart, Paragon Fine and Speciality Chemical ranks #570 out of 1576 companies in the Chemicals industry, placing it in the top 36.2%.
Is Paragon Fine and Speciality Chemical's Return-on-Tangible-Equity too high?
Paragon Fine and Speciality Chemical's current Return-on-Tangible-Equity of 14.87% is 58% below median its 10-year median of 35.54. Over the past 10 years, this metric has ranged from a low of 6.85 to a high of 56.89. The Chemicals industry median Return-on-Tangible-Equity is 6.63. Paragon Fine and Speciality Chemical's value of 14.87% is 124.3% above this industry median. Based on the distribution chart, Paragon Fine and Speciality Chemical ranks #570 out of 1576 companies in the Chemicals industry, which is above the industry midpoint. Overall, Paragon Fine and Speciality Chemical has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paragon Fine and Speciality Chemical's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Paragon Fine and Speciality Chemical ranks #570 out of 1576 companies for Return-on-Tangible-Equity. This puts Paragon Fine and Speciality Chemical in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.63. Paragon Fine and Speciality Chemical's value of 14.87% is 124.3% above this benchmark. Historically, Paragon Fine and Speciality Chemical's own Return-on-Tangible-Equity has ranged from 6.85 to 56.89 over the past decade. While the company's 10-year median is 35.54 vs. the industry median of 6.63, Paragon Fine and Speciality Chemical 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 6.63, based on 1,576 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. Paragon Fine and Speciality Chemical's current Return-on-Tangible-Equity of 14.87% is 124.3% 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 Paragon Fine and Speciality Chemical and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paragon Fine and Speciality Chemical's current Return-on-Tangible-Equity is 14.87%, which is 58% below median its own 10-year median of 35.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paragon Fine and Speciality Chemical stock overvalued right now?
Based on GuruFocus' analysis, Paragon Fine and Speciality Chemical (NSE:PARAGON) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹109.93, compared to a current price of ₹48.00 — trading 56.3% below its estimated fair value. The current Return-on-Tangible-Equity is 14.87%, which is 58% below median its 10-year median of 35.54 and 124.3% above the Chemicals industry median of 6.63. Paragon Fine and Speciality Chemical's overall GF Score™ is 54/100 with 4 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 Paragon Fine and Speciality Chemical (NSE:PARAGON), the current Return-on-Tangible-Equity is 14.87% 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 Paragon Fine and Speciality Chemical (NSE:PARAGON) Overvalued in 2026?

Based on GuruFocus' analysis, Paragon Fine and Speciality Chemical stock appears to be undervalued. The current stock price of ₹48.00 is trading 56.3% below its estimated GF Value™ of ₹109.93. GuruFocus considers Paragon Fine and Speciality Chemical to be Significantly Undervalued.

Key valuation signals for NSE:PARAGON:

  • Return-on-Tangible-Equity: 14.87% (58% below median its 10-year median of 35.54)
  • GF Value™: ₹109.93 vs. price of ₹48.00 (56.3% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 124.3% above the Chemicals median (#570 of 1576)

No single metric tells the full story. See the NSE:PARAGON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Paragon Fine and Speciality Chemical Business Description

Address S.G. Highway, 1001/1, Parshwa Tower, Near Pakvan Hotel, Bodakdev, Ahmedabad, GJ, IND, 380054
Paragon Fine and Speciality Chemical Ltd is engaged in the business of custom synthesis and manufacturing of specialty chemical intermediates involving complex and differentiated chemistry. Its diverse types of products find applications across various industries, including pharma, agrochemicals, cosmetics, pigments and dyes.
54GF Score

Get the complete analysis for NSE:PARAGON

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

₹48.00
Price
₹109.93
GF Value