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Spunweb NonwovenNSE:SPUNWEB +0.50%15 Return-on-Tangible-Equity is 29.66% as of Mar. 2026, which is 25% above its 10-year median of 23.64. GuruFocus rates NSE:SPUNWEB with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 1,022 Manufacturing - Apparel & Accessories companies, Spunweb Nonwoven ranks better than 79.16% 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. Spunweb Nonwoven's annualized net income for the quarter that ended in Mar. 2026 was ₹247 Mil. Spunweb Nonwoven's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹832 Mil. Therefore, Spunweb Nonwoven's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 29.66%.
The historical rank and industry rank for Spunweb Nonwoven's Return-on-Tangible-Equity or its related term are showing as below:
NSE:SPUNWEB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.7 Med: 23.64 Max: 30.91
Current: 14.83
During the past 5 years, Spunweb Nonwoven's highest Return-on-Tangible-Equity was 30.91%. The lowest was 5.70%. And the median was 23.64%.
NSE:SPUNWEB's Return-on-Tangible-Equity is ranked better than 79.16% of 1022
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.61
vs NSE:SPUNWEB: 14.83
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.
Spunweb Nonwoven Return-on-Tangible-Equity Related Terms
Spunweb Nonwoven Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Spunweb Nonwoven'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.
For the Textile Manufacturing subindustry, Spunweb Nonwoven'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.
Spunweb Nonwoven Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Spunweb Nonwoven's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Spunweb Nonwoven'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 29.66% mean?
Spunweb Nonwoven (NSE:SPUNWEB) has a Return-on-Tangible-Equity of 29.66% 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 Spunweb Nonwoven and its competitors. This is 25% above median its historical median of 23.64. Over the past decade, Spunweb Nonwoven's Return-on-Tangible-Equity has ranged from 5.70 to 30.91. According to the industry distribution chart, Spunweb Nonwoven ranks #213 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 20.8%.
Is Spunweb Nonwoven's Return-on-Tangible-Equity too high?
Spunweb Nonwoven's current Return-on-Tangible-Equity of 29.66% is 25% above median its 10-year median of 23.64. Over the past 10 years, this metric has ranged from a low of 5.70 to a high of 30.91. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.61. Spunweb Nonwoven's value of 29.66% is 543.4% above this industry median. Based on the distribution chart, Spunweb Nonwoven ranks #213 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Spunweb Nonwoven has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Spunweb Nonwoven's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Spunweb Nonwoven ranks #213 out of 1022 companies for Return-on-Tangible-Equity. This places Spunweb Nonwoven in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.61. Spunweb Nonwoven's value of 29.66% is 543.4% above this benchmark. Historically, Spunweb Nonwoven's own Return-on-Tangible-Equity has ranged from 5.70 to 30.91 over the past decade. While the company's 10-year median is 23.64 vs. the industry median of 4.61, Spunweb Nonwoven 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.61, based on 1,022 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. Spunweb Nonwoven's current Return-on-Tangible-Equity of 29.66% is 543.4% 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 Spunweb Nonwoven and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spunweb Nonwoven's current Return-on-Tangible-Equity is 29.66%, which is 25% above median its own 10-year median of 23.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spunweb Nonwoven stock overvalued right now?
Spunweb Nonwoven (NSE:SPUNWEB) has a current Return-on-Tangible-Equity of 29.66%. The current Return-on-Tangible-Equity is 29.66%, which is 25% above median its 10-year median of 23.64 and 543.4% above the Manufacturing - Apparel & Accessories industry median of 4.61. Spunweb Nonwoven's overall GF Score™ is 15/100 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 Spunweb Nonwoven (NSE:SPUNWEB), the current Return-on-Tangible-Equity is 29.66% 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.
Spunweb Nonwoven Ltd is engaged in the business of manufacturing of polypropylene spunbond nonwoven fabrics used in industries such as hygiene, healthcare, packaging, agriculture and others (including roofing & construction, industrial and home furnishing). Its product portfolio consists of hydrophobic nonwoven fabric, hydrophilic nonwoven fabric, super soft nonwoven fabric, UV treated fabric, antistatic nonwoven fabric and FR treated fabric in the width of 1.6m, 2.6m and 3.2m with the range of 7 to 150 grams per square metre (GSM).
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