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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. Yasons Chemex Care's annualized net income for the quarter that ended in Mar. 2023 was ₹34.3 Mil. Yasons Chemex Care's average shareholder tangible equity for the quarter that ended in Mar. 2023 was ₹190.0 Mil. Therefore, Yasons Chemex Care's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2023 was 18.06%.
The historical rank and industry rank for Yasons Chemex Care's Return-on-Tangible-Equity or its related term are showing as below:
NSE:YCCL's Return-on-Tangible-Equity is not ranked *
in the Chemicals industry.
Industry Median: 5.78 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Yasons Chemex Care (NSE:YCCL) 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.
Yasons Chemex Care Return-on-Tangible-Equity Related Terms
Yasons Chemex Care Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Yasons Chemex Care'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.
Yasons Chemex Care Return-on-Tangible-Equity Chart
Yasons Chemex Care Annual Data
Trend
Mar19
Mar20
Mar21
Mar22
Mar23
Return-on-Tangible-Equity
5.00
8.56
8.53
11.98
18.06
Yasons Chemex Care Semi-Annual Data
Mar19
Mar20
Mar21
Mar22
Mar23
Return-on-Tangible-Equity
5.00
8.56
8.53
11.98
18.06
NSE:YCCL vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Yasons Chemex Care'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.
Yasons Chemex Care Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Yasons Chemex Care's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Yasons Chemex Care'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. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 18.06% mean?
Yasons Chemex Care (NSE:YCCL) has a Return-on-Tangible-Equity of 18.06% as of Mar. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Yasons Chemex Care and its competitors.
Is Yasons Chemex Care's Return-on-Tangible-Equity too high?
Yasons Chemex Care's current Return-on-Tangible-Equity is 18.06%. The Chemicals industry median Return-on-Tangible-Equity is 5.78. Yasons Chemex Care's value of 18.06% is 212.5% above this industry median. Overall, Yasons Chemex Care has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Yasons Chemex Care's Return-on-Tangible-Equity compare to LIN and SHW?
Yasons Chemex Care's Return-on-Tangible-Equity of 18.06% can be compared against companies in the Chemicals industry. The industry median Return-on-Tangible-Equity is 5.78. Yasons Chemex Care's value of 18.06% is 212.5% above this benchmark. 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. Yasons Chemex Care's current Return-on-Tangible-Equity of 18.06% is 212.5% 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 Yasons Chemex Care 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. Yasons Chemex Care's current Return-on-Tangible-Equity is 18.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yasons Chemex Care stock overvalued right now?
Yasons Chemex Care (NSE:YCCL) has a current Return-on-Tangible-Equity of 18.06%. The current Return-on-Tangible-Equity is 18.06% and 212.5% above the Chemicals industry median of 5.78. Yasons Chemex Care's overall GF Score™ is 17/100. 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 Yasons Chemex Care (NSE:YCCL), the current Return-on-Tangible-Equity is 18.06% as of Mar. 2023. 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.
Yasons Chemex Care Ltd is engaged in manufacturing dyes & pigment paste, IMCG, and FMCG products. The IMCG products of the company includes Textile dyes, pigments and paints. The Company also manufactures a wide range of pigment paste from various chemicals. Within FMCG it manufactures or packages products such as hair oil, perfumes & deodorant, handmade soap, sanitizer, etc., under its brand name PLXO.
17GF Score
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