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Vera SyntheticNSE:VERA 84 Return-on-Tangible-Equity is 6.00% as of Mar. 2026, which is 52% below its 10-year median of 12.46. GuruFocus rates NSE:VERA with a GF Score™ of 84/100 and a GF Value™ of ₹83.01 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,026 Manufacturing - Apparel & Accessories companies, Vera Synthetic ranks better than 77.49% 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. Vera Synthetic's annualized net income for the quarter that ended in Mar. 2026 was ₹15.4 Mil. Vera Synthetic's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹257.1 Mil. Therefore, Vera Synthetic's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.00%.
The historical rank and industry rank for Vera Synthetic's Return-on-Tangible-Equity or its related term are showing as below:
NSE:VERA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.97 Med: 12.46 Max: 22.68
Current: 14.23
During the past 13 years, Vera Synthetic's highest Return-on-Tangible-Equity was 22.68%. The lowest was 8.97%. And the median was 12.46%.
NSE:VERA's Return-on-Tangible-Equity is ranked better than 77.49% of 1026
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.945
vs NSE:VERA: 14.23
Vera Synthetic (NSE:VERA) 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.
Vera Synthetic Return-on-Tangible-Equity Related Terms
Vera Synthetic Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Vera Synthetic'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.
Vera Synthetic Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, Vera Synthetic'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.
Vera Synthetic Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vera Synthetic's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Vera Synthetic'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 one times the 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 6.00% mean?
Vera Synthetic (NSE:VERA) has a Return-on-Tangible-Equity of 6.00% 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 Vera Synthetic and its competitors. This is 52% below median its historical median of 12.46. Over the past decade, Vera Synthetic's Return-on-Tangible-Equity has ranged from 8.97 to 22.68. According to the industry distribution chart, Vera Synthetic ranks #231 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.5%.
Is Vera Synthetic's Return-on-Tangible-Equity too high?
Vera Synthetic's current Return-on-Tangible-Equity of 6.00% is 52% below median its 10-year median of 12.46. Over the past 10 years, this metric has ranged from a low of 8.97 to a high of 22.68. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.95. Vera Synthetic's value of 6.00% is 21.3% above this industry median. Based on the distribution chart, Vera Synthetic ranks #231 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Vera Synthetic has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vera Synthetic's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vera Synthetic ranks #231 out of 1026 companies for Return-on-Tangible-Equity. This places Vera Synthetic in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.95. Vera Synthetic's value of 6.00% is 21.3% above this benchmark. Historically, Vera Synthetic's own Return-on-Tangible-Equity has ranged from 8.97 to 22.68 over the past decade. While the company's 10-year median is 12.46 vs. the industry median of 4.95, Vera Synthetic 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 4.95, based on 1,026 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. Vera Synthetic's current Return-on-Tangible-Equity of 6.00% is 21.3% 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 Vera Synthetic and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vera Synthetic's current Return-on-Tangible-Equity is 6.00%, which is 52% below median its own 10-year median of 12.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vera Synthetic stock overvalued right now?
Based on GuruFocus' analysis, Vera Synthetic (NSE:VERA) is currently considered Fairly Valued. The stock's GF Value™ is ₹83.01, compared to a current price of ₹86.25 — trading 3.9% above its estimated fair value. The current Return-on-Tangible-Equity is 6.00%, which is 52% below median its 10-year median of 12.46 and 21.3% above the Manufacturing - Apparel & Accessories industry median of 4.95. Vera Synthetic's overall GF Score™ is 84/100 with 6 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 Vera Synthetic (NSE:VERA), the current Return-on-Tangible-Equity is 6.00% 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 Vera Synthetic (NSE:VERA) Overvalued in 2026?
Based on GuruFocus' analysis, Vera Synthetic stock appears to be overvalued.
The current stock price of ₹86.25 is trading 3.9% above its estimated GF Value™ of ₹83.01.
GuruFocus considers Vera Synthetic to be Fairly Valued.
Key valuation signals for NSE:VERA:
Return-on-Tangible-Equity: 6.00% (52% below median its 10-year median of 12.46)
GF Value™: ₹83.01 vs. price of ₹86.25 (3.9% above fair value)
Industry Position: 21.3% above the Manufacturing - Apparel & Accessories median (#231 of 1026)
No single metric tells the full story. See the NSE:VERA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vera Synthetic Ltd is engaged in the manufacturing of fishing nets, ropes, twines yarns, mainly high density plastic products. The company manufactures products for the fishing industry and other allied uses. Its product portfolio includes High-Density Polyethylene (HDPE) fishing nets and twines, Polyester ropes, PP yarns, and Pet straps. It manufactures and markets its product under the brand name Sujlon. Geographically, it operates only in India.
84GF Score
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