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Siddhika CoatingsNSE:SIDDHIKA +2.22%96 Return-on-Tangible-Equity is 23.73% as of Mar. 2026, which is 24% above its 10-year median of 19.07. GuruFocus rates NSE:SIDDHIKA with a GF Score™ of 96/100 and a GF Value™ of ₹234.19 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,576 Chemicals companies, Siddhika Coatings ranks better than 91.18% 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. Siddhika Coatings's annualized net income for the quarter that ended in Mar. 2026 was ₹105.3 Mil. Siddhika Coatings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹443.7 Mil. Therefore, Siddhika Coatings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.73%.
The historical rank and industry rank for Siddhika Coatings's Return-on-Tangible-Equity or its related term are showing as below:
NSE:SIDDHIKA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.93 Med: 19.07 Max: 26.96
Current: 24.48
During the past 9 years, Siddhika Coatings's highest Return-on-Tangible-Equity was 26.96%. The lowest was 5.93%. And the median was 19.07%.
NSE:SIDDHIKA's Return-on-Tangible-Equity is ranked better than 91.18% of 1576
companies
in the Chemicals industry
Industry Median: 6.94
vs NSE:SIDDHIKA: 24.48
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.
Siddhika Coatings Return-on-Tangible-Equity Related Terms
Siddhika Coatings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Siddhika Coatings'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:SIDDHIKA vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Siddhika Coatings'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.
Siddhika Coatings Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Siddhika Coatings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Siddhika Coatings'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 23.73% mean?
Siddhika Coatings (NSE:SIDDHIKA) has a Return-on-Tangible-Equity of 23.73% 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 Siddhika Coatings and its competitors. This is 24% above median its historical median of 19.07. Over the past decade, Siddhika Coatings' Return-on-Tangible-Equity has ranged from 5.93 to 26.96. According to the industry distribution chart, Siddhika Coatings ranks #139 out of 1576 companies in the Chemicals industry, placing it in the top 8.8%.
Is Siddhika Coatings' Return-on-Tangible-Equity too high?
Siddhika Coatings' current Return-on-Tangible-Equity of 23.73% is 24% above median its 10-year median of 19.07. Over the past 10 years, this metric has ranged from a low of 5.93 to a high of 26.96. The Chemicals industry median Return-on-Tangible-Equity is 6.94. Siddhika Coatings' value of 23.73% is 241.9% above this industry median. Based on the distribution chart, Siddhika Coatings ranks #139 out of 1576 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Siddhika Coatings has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siddhika Coatings' Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Siddhika Coatings ranks #139 out of 1576 companies for Return-on-Tangible-Equity. This places Siddhika Coatings in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.94. Siddhika Coatings' value of 23.73% is 241.9% above this benchmark. Historically, Siddhika Coatings' own Return-on-Tangible-Equity has ranged from 5.93 to 26.96 over the past decade. While the company's 10-year median is 19.07 vs. the industry median of 6.94, Siddhika Coatings 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 6.94, 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. Siddhika Coatings's current Return-on-Tangible-Equity of 23.73% is 241.9% 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 Siddhika Coatings and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siddhika Coatings's current Return-on-Tangible-Equity is 23.73%, which is 24% above median its own 10-year median of 19.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siddhika Coatings stock overvalued right now?
Based on GuruFocus' analysis, Siddhika Coatings (NSE:SIDDHIKA) is currently considered Fairly Valued. The stock's GF Value™ is ₹234.19, compared to a current price of ₹230.00 — trading 1.8% below its estimated fair value. The current Return-on-Tangible-Equity is 23.73%, which is 24% above median its 10-year median of 19.07 and 241.9% above the Chemicals industry median of 6.94. Siddhika Coatings' overall GF Score™ is 96/100 with 1 warning sign 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 Siddhika Coatings (NSE:SIDDHIKA), the current Return-on-Tangible-Equity is 23.73% 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 Siddhika Coatings (NSE:SIDDHIKA) Overvalued in 2026?
Based on GuruFocus' analysis, Siddhika Coatings stock appears to be undervalued.
The current stock price of ₹230.00 is trading 1.8% below its estimated GF Value™ of ₹234.19.
GuruFocus considers Siddhika Coatings to be Fairly Valued.
Key valuation signals for NSE:SIDDHIKA:
Return-on-Tangible-Equity: 23.73% (24% above median its 10-year median of 19.07)
GF Value™: ₹234.19 vs. price of ₹230.00 (1.8% below fair value)
Industry Position: 241.9% above the Chemicals median (#139 of 1576)
No single metric tells the full story. See the NSE:SIDDHIKA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siddhika Coatings Ltd is a texture paint contract company in the single-brand segment. Its segments are paint contracting and selling of paint and allied products. The company derives revenue from Paint contracts and sale of paint and allied products.
96GF Score
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