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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. Vikas EcoTech's annualized net income for the quarter that ended in Mar. 2026 was ₹-32 Mil. Vikas EcoTech's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹3,815 Mil. Therefore, Vikas EcoTech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -0.84%.
The historical rank and industry rank for Vikas EcoTech's Return-on-Tangible-Equity or its related term are showing as below:
NSE:VIKASECO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.6 Med: 3.19 Max: 23.11
Current: 0.44
During the past 13 years, Vikas EcoTech's highest Return-on-Tangible-Equity was 23.11%. The lowest was -10.60%. And the median was 3.19%.
NSE:VIKASECO's Return-on-Tangible-Equity is ranked worse than 72.53% of 1569
companies
in the Chemicals industry
Industry Median: 5.78
vs NSE:VIKASECO: 0.44
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.
Vikas EcoTech Return-on-Tangible-Equity Related Terms
Vikas EcoTech Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Vikas EcoTech'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:VIKASECO vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Vikas EcoTech'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.
Vikas EcoTech Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Vikas EcoTech's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Vikas EcoTech'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 (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 -0.84% mean?
Vikas EcoTech (NSE:VIKASECO) has a Return-on-Tangible-Equity of -0.84% 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 Vikas EcoTech and its competitors. According to the industry distribution chart, Vikas EcoTech ranks #1138 out of 1569 companies in the Chemicals industry, placing it in the top 72.5%.
Is Vikas EcoTech's Return-on-Tangible-Equity too high?
Vikas EcoTech's current Return-on-Tangible-Equity is -0.84%. Based on the distribution chart, Vikas EcoTech ranks #1138 out of 1569 companies in the Chemicals industry, which is below the industry midpoint. Overall, Vikas EcoTech has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vikas EcoTech's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Vikas EcoTech ranks #1138 out of 1569 companies for Return-on-Tangible-Equity. This places Vikas EcoTech in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.78. 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 5.78, based on 1,569 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. 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 Vikas EcoTech and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vikas EcoTech's current Return-on-Tangible-Equity is -0.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vikas EcoTech stock overvalued right now?
Based on GuruFocus' analysis, Vikas EcoTech (NSE:VIKASECO) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2.67, compared to a current price of ₹1.13 — trading 57.7% below its estimated fair value. The current Return-on-Tangible-Equity is -0.84%. Vikas EcoTech's overall GF Score™ is 62/100 with 7 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 Vikas EcoTech (NSE:VIKASECO), the current Return-on-Tangible-Equity is -0.84% 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 Vikas EcoTech (NSE:VIKASECO) Overvalued in 2026?
Based on GuruFocus' analysis, Vikas EcoTech stock appears to be undervalued.
The current stock price of ₹1.13 is trading 57.7% below its estimated GF Value™ of ₹2.67.
GuruFocus considers Vikas EcoTech to be Possible Value Trap.
Key valuation signals for NSE:VIKASECO:
Return-on-Tangible-Equity: -0.84%
GF Value™: ₹2.67 vs. price of ₹1.13 (57.7% below fair value)
No single metric tells the full story. See the NSE:VIKASECO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vikas EcoTech Ltd is a specialty chemicals company. The company is engaged in the business of manufacturing and distribution of specialty additives including agrochemicals and rubber-plastic and polymer compounds. The Company has identified three business segments which are Infra & Energy, Chemical, Polymers & Special Additives. Its polymer compounds offering includes thermoplastic rubber (TPR), thermoplastic elastomer (TPE), Ethylene Vinyl Acetate (EVA), impact modifiers, Polyethylene (PE), and Polypropylene (PP).
62GF Score
Get the complete analysis for NSE:VIKASECO
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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