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Sirca Paints IndiaNSE:SIRCA +2.44%93 Return-on-Tangible-Equity is 17.59% as of Jun. 2026, which is 6% below its 10-year median of 18.72. GuruFocus rates NSE:SIRCA with a GF Score™ of 93/100 and a GF Value™ of ₹545.18 (Modestly Undervalued). Among 1,570 Chemicals companies, Sirca Paints India ranks better than 89.81% 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. Sirca Paints India's annualized net income for the quarter that ended in Jun. 2026 was ₹648 Mil. Sirca Paints India's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹3,685 Mil. Therefore, Sirca Paints India's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 17.59%.
The historical rank and industry rank for Sirca Paints India's Return-on-Tangible-Equity or its related term are showing as below:
NSE:SIRCA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.81 Med: 18.72 Max: 50.24
Current: 21.22
During the past 13 years, Sirca Paints India's highest Return-on-Tangible-Equity was 50.24%. The lowest was 8.81%. And the median was 18.72%.
NSE:SIRCA's Return-on-Tangible-Equity is ranked better than 89.81% of 1570
companies
in the Chemicals industry
Industry Median: 5.88
vs NSE:SIRCA: 21.22
Sirca Paints India (NSE:SIRCA) 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.
Sirca Paints India Return-on-Tangible-Equity Related Terms
Sirca Paints India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sirca Paints 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.
Sirca Paints India Return-on-Tangible-Equity Chart
NSE:SIRCA vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Sirca Paints 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.
Sirca Paints India Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sirca Paints India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sirca Paints 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 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 17.59% mean?
Sirca Paints India (NSE:SIRCA) has a Return-on-Tangible-Equity of 17.59% 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 Sirca Paints India and its competitors. This is near median its historical median of 18.72. Over the past decade, Sirca Paints India's Return-on-Tangible-Equity has ranged from 8.81 to 50.24. According to the industry distribution chart, Sirca Paints India ranks #160 out of 1570 companies in the Chemicals industry, placing it in the top 10.2%.
Is Sirca Paints India's Return-on-Tangible-Equity too high?
Sirca Paints India's current Return-on-Tangible-Equity of 17.59% is near median its 10-year median of 18.72. Over the past 10 years, this metric has ranged from a low of 8.81 to a high of 50.24. The Chemicals industry median Return-on-Tangible-Equity is 5.88. Sirca Paints India's value of 17.59% is 199.1% above this industry median. Based on the distribution chart, Sirca Paints India ranks #160 out of 1570 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Sirca Paints India has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sirca Paints India's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sirca Paints India ranks #160 out of 1570 companies for Return-on-Tangible-Equity. This places Sirca Paints India in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.88. Sirca Paints India's value of 17.59% is 199.1% above this benchmark. Historically, Sirca Paints India's own Return-on-Tangible-Equity has ranged from 8.81 to 50.24 over the past decade. While the company's 10-year median is 18.72 vs. the industry median of 5.88, Sirca Paints 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 5.88, 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. Sirca Paints India's current Return-on-Tangible-Equity of 17.59% is 199.1% 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 Sirca Paints India and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sirca Paints India's current Return-on-Tangible-Equity is 17.59%, which is near median its own 10-year median of 18.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirca Paints India stock overvalued right now?
Based on GuruFocus' analysis, Sirca Paints India (NSE:SIRCA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹545.18, compared to a current price of ₹430.70 — trading 21% below its estimated fair value. The current Return-on-Tangible-Equity is 17.59%, which is near median its 10-year median of 18.72 and 199.1% above the Chemicals industry median of 5.88. Sirca Paints India's overall GF Score™ is 93/100. 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 Sirca Paints India (NSE:SIRCA), the current Return-on-Tangible-Equity is 17.59% 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 Sirca Paints India (NSE:SIRCA) Overvalued in 2026?
Based on GuruFocus' analysis, Sirca Paints India stock appears to be undervalued.
The current stock price of ₹430.70 is trading 21% below its estimated GF Value™ of ₹545.18.
GuruFocus considers Sirca Paints India to be Modestly Undervalued.
Key valuation signals for NSE:SIRCA:
Return-on-Tangible-Equity: 17.59% (near median its 10-year median of 18.72)
GF Value™: ₹545.18 vs. price of ₹430.70 (21% below fair value)
Industry Position: 199.1% above the Chemicals median (#160 of 1570)
No single metric tells the full story. See the NSE:SIRCA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sirca Paints India Ltd is mainly engaged in the business of importing and distributing wood, glass, and metal coatings in India. The company has also started its production of wall paints, melamine products, N.C products, and economical P.U. products in technical collaboration with Sirca S.P.A., Italy. Its product range includes all PU products, stains, special effects, acrylic PU, polyester, wall paints, UV products, etc., which are sold under brands like Wembley, Oikos, Unico, and Sirca. The company currently operates in only one reportable business segment, Wood Coating Products.
93GF Score
Get the complete analysis for NSE:SIRCA
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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