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ELANTAS Beck IndiaBOM:500123 +0.75%84 ROE % is 12.33% as of Mar. 2026, which is 30% below its 10-year median of 17.60. GuruFocus rates BOM:500123 with a GF Score™ of 84/100 and a GF Value™ of ₹11,100.45 (Modestly Undervalued). Among 1,584 Chemicals companies, ELANTAS Beck India ranks better than 86.93% on this metric.
The historical rank and industry rank for ELANTAS Beck India's ROE % or its related term are showing as below:
BOM:500123'
s ROE % Range Over the Past 10 Years
Min: 13.71 Med: 17.6 Max: 27.36
Current: 15.6
During the past 13 years, ELANTAS Beck India's highest ROE % was 27.36%. The lowest was 13.71%. And the median was 17.60%.
BOM:500123's ROE % is ranked better than 86.93% of 1584
companies
in the Chemicals industry
Industry Median: 5.25
vs BOM:500123: 15.60
ELANTAS Beck India (BOM:500123) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
ELANTAS Beck India ROE % Related Terms
ELANTAS Beck India ROE % Historical Data
* Premium members only.
The historical data trend for ELANTAS Beck India's ROE % 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 Specialty Chemicals subindustry, ELANTAS Beck India's ROE %, along with its competitors' market caps and ROE % 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.
ELANTAS Beck India ROE % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, ELANTAS Beck India's ROE % distribution charts can be found below:
* The bar in red indicates where ELANTAS Beck India's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
ELANTAS Beck India (BOM:500123) has a ROE % of 12.33% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ELANTAS Beck India and its competitors. This is 30% below median its historical median of 17.60. Over the past decade, ELANTAS Beck India's ROE % has ranged from 13.71 to 27.36. According to the industry distribution chart, ELANTAS Beck India ranks #207 out of 1584 companies in the Chemicals industry, placing it in the top 13.1%.
Is ELANTAS Beck India's ROE % too high?
ELANTAS Beck India's current ROE % of 12.33% is 30% below median its 10-year median of 17.60. Over the past 10 years, this metric has ranged from a low of 13.71 to a high of 27.36. The Chemicals industry median ROE % is 5.25. ELANTAS Beck India's value of 12.33% is 134.9% above this industry median. Based on the distribution chart, ELANTAS Beck India ranks #207 out of 1584 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, ELANTAS Beck India has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ELANTAS Beck India's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, ELANTAS Beck India ranks #207 out of 1584 companies for ROE %. This places ELANTAS Beck India in the top 13% of its industry — outperforming the majority of peers. The industry median ROE % is 5.25. ELANTAS Beck India's value of 12.33% is 134.9% above this benchmark. Historically, ELANTAS Beck India's own ROE % has ranged from 13.71 to 27.36 over the past decade. While the company's 10-year median is 17.60 vs. the industry median of 5.25, ELANTAS Beck 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 ROE % for a Chemicals company?
The median ROE % among Chemicals companies is 5.25, based on 1,584 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ELANTAS Beck India's current ROE % of 12.33% is 134.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ELANTAS Beck India and its competitors. For the Chemicals industry, the median ROE % is 5.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ELANTAS Beck India's current ROE % is 12.33%, which is 30% below median its own 10-year median of 17.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ELANTAS Beck India stock overvalued right now?
Based on GuruFocus' analysis, ELANTAS Beck India (BOM:500123) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹11,100.45, compared to a current price of ₹9,273.55 — trading 16.5% below its estimated fair value. The current ROE % is 12.33%, which is 30% below median its 10-year median of 17.60 and 134.9% above the Chemicals industry median of 5.25. ELANTAS Beck India's overall GF Score™ is 84/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For ELANTAS Beck India (BOM:500123), the current ROE % is 12.33% 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 ELANTAS Beck India (BOM:500123) Overvalued in 2026?
Based on GuruFocus' analysis, ELANTAS Beck India stock appears to be undervalued.
The current stock price of ₹9,273.55 is trading 16.5% below its estimated GF Value™ of ₹11,100.45.
GuruFocus considers ELANTAS Beck India to be Modestly Undervalued.
Key valuation signals for BOM:500123:
ROE %: 12.33% (30% below median its 10-year median of 17.60)
GF Value™: ₹11,100.45 vs. price of ₹9,273.55 (16.5% below fair value)
Industry Position: 134.9% above the Chemicals median (#207 of 1584)
No single metric tells the full story. See the BOM:500123 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ELANTAS Beck India Ltd manufactures a wide range of specialty chemicals for electrical insulation and construction industries, which includes Primary Insulation, Secondary Insulation and Electronic & Engineering Materials. It offers a broad portfolio of wire enamels, impregnating resins and varnishes, casting & potting materials, flexible electrical insulation materials, conformal coatings as well as adhesives & sealants fulfilling the requirements of technical and environmental standards. Its segments include Electrical Insulations, which comprises three product groups: wire enamels, insulating varnishes & resins, and casting & potting compounds.; Engineering & Electronic Resins solutions, and Materials comprises of complete solutions for printed circuit boards (PCBs).
84GF Score
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