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Elcid InvestmentsBOM:503681 +0.09%24 ROE % is 2.65% as of Jun. 2026, which is 117% above its 10-year median of 1.22. GuruFocus rates BOM:503681 with a GF Score™ of 24/100 and a GF Value™ of ₹19,382.98 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,608 Asset Management companies, Elcid Investments ranks worse than 72.39% on this metric.
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 (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
Elcid Investments ROE % Related Terms
Elcid Investments ROE % Historical Data
* Premium members only.
The historical data trend for Elcid Investments'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 Asset Management subindustry, Elcid Investments'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.
Elcid Investments ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Elcid Investments's ROE % distribution charts can be found below:
* The bar in red indicates where Elcid Investments'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 (Jun. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Elcid Investments (BOM:503681) has a ROE % of 2.65% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Elcid Investments and its competitors. This is 117% above median its historical median of 1.22. Over the past decade, Elcid Investments' ROE % has ranged from 0.62 to 18.05. According to the industry distribution chart, Elcid Investments ranks #1164 out of 1608 companies in the Asset Management industry, placing it in the top 72.4%.
Is Elcid Investments' ROE % too high?
Elcid Investments' current ROE % of 2.65% is 117% above median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 18.05. The Asset Management industry median ROE % is 6.90. Elcid Investments' value of 2.65% is 61.6% below this industry median. Based on the distribution chart, Elcid Investments ranks #1164 out of 1608 companies in the Asset Management industry, which is below the industry midpoint. Overall, Elcid Investments has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elcid Investments' ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Elcid Investments ranks #1164 out of 1608 companies for ROE %. This places Elcid Investments in the lower half of its industry. The industry median ROE % is 6.90. Elcid Investments' value of 2.65% is 61.6% below this benchmark. Historically, Elcid Investments' own ROE % has ranged from 0.62 to 18.05 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 6.90, Elcid Investments has consistently been below 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 an Asset Management company?
The median ROE % among Asset Management companies is 6.90, based on 1,608 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. Elcid Investments's current ROE % of 2.65% is 61.6% below 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 Elcid Investments and its competitors. For the Asset Management industry, the median ROE % is 6.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elcid Investments's current ROE % is 2.65%, which is 117% above median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elcid Investments stock overvalued right now?
Based on GuruFocus' analysis, Elcid Investments (BOM:503681) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹19,382.98, compared to a current price of ₹109,200.00 — trading 463.4% above its estimated fair value. The current ROE % is 2.65%, which is 117% above median its 10-year median of 1.22 and 61.6% below the Asset Management industry median of 6.90. Elcid Investments' overall GF Score™ is 24/100 with 5 warning signs to review. 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 Elcid Investments (BOM:503681), the current ROE % is 2.65% as of Jun. 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 Elcid Investments (BOM:503681) Overvalued in 2026?
Based on GuruFocus' analysis, Elcid Investments stock appears to be overvalued.
The current stock price of ₹109,200.00 is trading 463.4% above its estimated GF Value™ of ₹19,382.98.
GuruFocus considers Elcid Investments to be Significantly Overvalued.
Key valuation signals for BOM:503681:
ROE %: 2.65% (117% above median its 10-year median of 1.22)
GF Value™: ₹19,382.98 vs. price of ₹109,200.00 (463.4% above fair value)
Industry Position: 61.6% below the Asset Management median (#1164 of 1608)
No single metric tells the full story. See the BOM:503681 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elcid Investments Ltd is an India-based non-banking finance company. The company's business is to make investments in shares, debentures, and mutual funds. It generates revenue from interest, dividends, and profit from the sale of the investment.
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