Eco Recycling (BOM:530643) ROE %: 27.66% (As of Mar. 2026) — 90% Above Median

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BOM:530643 Eco Recycling Ltd BOM:530643
85 GF Score
Price ₹506.50
GF Value ₹744.32
Valuation Possible Value Trap
! 4 Warning Signs
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What is Eco Recycling ROE %?

Eco Recycling BOM:530643 +1.37% 85 ROE % is 27.66% as of Mar. 2026, which is 90% above its 10-year median of 14.55. GuruFocus rates BOM:530643 with a GF Score™ of 85/100 and a GF Value™ of ₹744.32 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 230 Waste Management companies, Eco Recycling ranks better than 93.91% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Eco Recycling's annualized net income for the quarter that ended in Mar. 2026 was ₹306.0 Mil. Eco Recycling's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,106.2 Mil. Therefore, Eco Recycling's annualized ROE % for the quarter that ended in Mar. 2026 was 27.66%.

The historical rank and industry rank for Eco Recycling's ROE % or its related term are showing as below:

BOM:530643' s ROE % Range Over the Past 10 Years
Min: -34.31   Med: 14.55   Max: 31.93
Current: 23.17

During the past 13 years, Eco Recycling's highest ROE % was 31.93%. The lowest was -34.31%. And the median was 14.55%.

BOM:530643's ROE % is ranked better than
93.91% of 230 companies
in the Waste Management industry
Industry Median: 5.565 vs BOM:530643: 23.17

Eco Recycling  (BOM:530643) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=306/1106.2
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(306 / 744.4)*(744.4 / 1346.8)*(1346.8 / 1106.2)
=Net Margin %*Asset Turnover*Equity Multiplier
=41.11 %*0.5527*1.2175
=ROA %*Equity Multiplier
=22.72 %*1.2175
=27.66 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=306/1106.2
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (306 / 441.6) * (441.6 / 488.8) * (488.8 / 744.4) * (744.4 / 1346.8) * (1346.8 / 1106.2)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6929 * 0.9034 * 65.66 % * 0.5527 * 1.2175
=27.66 %

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.


Eco Recycling ROE % Related Terms


Eco Recycling ROE % Historical Data

* Premium members only.

The historical data trend for Eco Recycling'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.

Eco Recycling ROE % Chart

Eco Recycling Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.20 12.98 31.93 30.46 23.29

Eco Recycling Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.46 35.48 22.64 7.78 27.66

BOM:530643 vs WM, RSG, WCN: ROE % Comparison

For the Waste Management subindustry, Eco Recycling'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.


Eco Recycling ROE % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Eco Recycling's ROE % distribution charts can be found below:

* The bar in red indicates where Eco Recycling's ROE % falls into.


BOM:530643
85GF Score
Eco Recycling Ltd BOM:530643
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eco Recycling ROE % Calculation

Eco Recycling's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=231.2/( (879.249+1106.2)/ 2 )
=231.2/992.7245
=23.29 %

Eco Recycling's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=306/( (0+1106.2)/ 1 )
=306/1106.2
=27.66 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 27.66% mean?
Eco Recycling (BOM:530643) has a ROE % of 27.66% 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 Eco Recycling and its competitors. This is 90% above median its historical median of 14.55. According to the industry distribution chart, Eco Recycling ranks #14 out of 230 companies in the Waste Management industry, placing it in the top 6.1%.
Is Eco Recycling's ROE % too high?
Eco Recycling's current ROE % of 27.66% is 90% above median its 10-year median of 14.55. The Waste Management industry median ROE % is 5.57. Eco Recycling's value of 27.66% is 397% above this industry median. Based on the distribution chart, Eco Recycling ranks #14 out of 230 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Eco Recycling has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eco Recycling's ROE % compare to WM and RSG?
According to the Waste Management industry distribution chart, Eco Recycling ranks #14 out of 230 companies for ROE %. This places Eco Recycling in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 5.57. Eco Recycling's value of 27.66% is 397% above this benchmark. While the company's 10-year median is 14.55 vs. the industry median of 5.57, Eco Recycling 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 Waste Management company?
The median ROE % among Waste Management companies is 5.57, based on 230 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. Eco Recycling's current ROE % of 27.66% is 397% 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 Eco Recycling and its competitors. For the Waste Management industry, the median ROE % is 5.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eco Recycling's current ROE % is 27.66%, which is 90% above median its own 10-year median of 14.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eco Recycling stock overvalued right now?
Based on GuruFocus' analysis, Eco Recycling (BOM:530643) is currently considered Possible Value Trap. The stock's GF Value™ is ₹744.32, compared to a current price of ₹506.50 — trading 32% below its estimated fair value. The current ROE % is 27.66%, which is 90% above median its 10-year median of 14.55 and 397% above the Waste Management industry median of 5.57. Eco Recycling's overall GF Score™ is 85/100 with 4 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 Eco Recycling (BOM:530643), the current ROE % is 27.66% 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 Eco Recycling (BOM:530643) Overvalued in 2026?

Based on GuruFocus' analysis, Eco Recycling stock appears to be undervalued. The current stock price of ₹506.50 is trading 32% below its estimated GF Value™ of ₹744.32. GuruFocus considers Eco Recycling to be Possible Value Trap.

Key valuation signals for BOM:530643:

  • ROE %: 27.66% (90% above median its 10-year median of 14.55)
  • GF Value™: ₹744.32 vs. price of ₹506.50 (32% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 397% above the Waste Management median (#14 of 230)

No single metric tells the full story. See the BOM:530643 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eco Recycling Business Description

Address Andheri Kurla Road, Unit No. 422, 4th Floor, The Summit Business Bay, Opposite Cine Max Theater, Near WEH Metro Station, Andheri (East), Mumbai, IND, 400093
Eco Recycling Ltd is an Indian-based e-waste management company engaged in the business of recycling of electrical & electronic waste and affiliated services. It operates through a single segment: Operations of e-waste recycling. The company provides an end-to-end integrated solution for e-waste management to Multi-National Companies (MNC), Retailers, Original Equipment Manufacturers (OEM), Government Departments, NGOs, Households, Educational Institutions, and all other entities. The company earns revenue by the sale of scrap as well as by providing services.
85GF Score

Get the complete analysis for BOM:530643

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹506.50
Price
₹744.32
GF Value