Max Earth Resources (BOM:534563) ROE %: 24.06% (As of Mar. 2026) — 6976% Above Median

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BOM:534563 Max Earth Resources Ltd BOM:534563
6 GF Score
Price ₹44.50
GF Value ₹26.95
! 4 Warning Signs
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What is Max Earth Resources ROE %?

Max Earth Resources BOM:534563 6 ROE % is 24.06% as of Mar. 2026, which is 6976% above its 10-year median of 0.34. GuruFocus rates BOM:534563 with a GF Score™ of 6/100 and a GF Value™ of ₹26.95. The stock has 4 warning signs investors should review.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Max Earth Resources's annualized net income for the quarter that ended in Mar. 2026 was ₹26.5 Mil. Max Earth Resources's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹109.9 Mil. Therefore, Max Earth Resources's annualized ROE % for the quarter that ended in Mar. 2026 was 24.06%.

The historical rank and industry rank for Max Earth Resources's ROE % or its related term are showing as below:

BOM:534563' s ROE % Range Over the Past 10 Years
Min: -507.13   Med: 0.34   Max: 97.66
Current: 67

During the past 13 years, Max Earth Resources's highest ROE % was 97.66%. The lowest was -507.13%. And the median was 0.34%.

BOM:534563's ROE % is not ranked
in the Building Materials industry.
Industry Median: 4.32 vs BOM:534563: 67.00

Max Earth Resources  (BOM:534563) 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
=26.454/109.946
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(26.454 / 200.406)*(200.406 / 121.21)*(121.21 / 109.946)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.2 %*1.6534*1.1025
=ROA %*Equity Multiplier
=21.82 %*1.1025
=24.06 %

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
=26.454/109.946
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (26.454 / 27.606) * (27.606 / 20.564) * (20.564 / 200.406) * (200.406 / 121.21) * (121.21 / 109.946)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9583 * 1.3424 * 10.26 % * 1.6534 * 1.1025
=24.06 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Max Earth Resources ROE % Related Terms


Max Earth Resources ROE % Historical Data

* Premium members only.

The historical data trend for Max Earth Resources'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.

Max Earth Resources ROE % Chart

Max Earth Resources 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 -507.13 0.00 0.00 97.66 67.00

Max Earth Resources Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 -94.13 149.73 153.20 24.06

BOM:534563 vs CRH, VMC, MLM: ROE % Comparison

For the Building Materials subindustry, Max Earth Resources'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.


Max Earth Resources ROE % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Max Earth Resources's ROE % distribution charts can be found below:

* The bar in red indicates where Max Earth Resources's ROE % falls into.


BOM:534563
6GF Score
Max Earth Resources Ltd BOM:534563
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Max Earth Resources ROE % Calculation

Max Earth Resources'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 )
=55.18/( (54.766+109.946)/ 2 )
=55.18/82.356
=67.00 %

Max Earth Resources's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=26.454/( (0+109.946)/ 1 )
=26.454/109.946
=24.06 %

* 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 two times the semi-annual (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 24.06% mean?
Max Earth Resources (BOM:534563) has a ROE % of 24.06% 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 Max Earth Resources and its competitors. This is 6976% above median its historical median of 0.34.
Is Max Earth Resources' ROE % too high?
Max Earth Resources' current ROE % of 24.06% is 6976% above median its 10-year median of 0.34. The Building Materials industry median ROE % is 4.32. Max Earth Resources' value of 24.06% is 456.9% above this industry median. Overall, Max Earth Resources has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Max Earth Resources' ROE % compare to CRH and VMC?
Max Earth Resources' ROE % of 24.06% can be compared against companies in the Building Materials industry. The industry median ROE % is 4.32. Max Earth Resources' value of 24.06% is 456.9% above this benchmark. While the company's 10-year median is 0.34 vs. the industry median of 4.32, Max Earth Resources 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 Building Materials company?
The median ROE % among Building Materials companies is 4.32, based on 404 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. Max Earth Resources's current ROE % of 24.06% is 456.9% 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 Max Earth Resources and its competitors. For the Building Materials industry, the median ROE % is 4.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Max Earth Resources's current ROE % is 24.06%, which is 6976% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Earth Resources stock overvalued right now?
Max Earth Resources (BOM:534563) has a current ROE % of 24.06%. The stock's GF Value™ is ₹26.95, compared to a current price of ₹44.50 — trading 65.1% above its estimated fair value. The current ROE % is 24.06%, which is 6976% above median its 10-year median of 0.34 and 456.9% above the Building Materials industry median of 4.32. Max Earth Resources' overall GF Score™ is 6/100 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 Max Earth Resources (BOM:534563), the current ROE % is 24.06% 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 Max Earth Resources (BOM:534563) Overvalued in 2026?

Based on GuruFocus' analysis, Max Earth Resources stock appears to be overvalued. The current stock price of ₹44.50 is trading 65.1% above its estimated GF Value™ of ₹26.95.

Key valuation signals for BOM:534563:

  • ROE %: 24.06% (6976% above median its 10-year median of 0.34)
  • GF Value™: ₹26.95 vs. price of ₹44.50 (65.1% above fair value)
  • GF Score™: 6/100 with 4 warning signs
  • Industry Position: 456.9% above the Building Materials median

No single metric tells the full story. See the BOM:534563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Max Earth Resources Business Description

Address Andheri, Kurla Road, Jb Nagar, 103 Wellington Business Park 1, Marol Opp Hindh Swarastra Industrial Estate, J.B. Nagar, Mumbai, MH, IND, 400059
Max Earth Resources Ltd is a dynamic company specializing in stone crushing, mining, and turnkey solutions for the telecommunications sector. It has operations across Jharkhand, Maharashtra, Odisha, and Kerala.
6GF Score

Get the complete analysis for BOM:534563

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

₹44.50
Price
₹26.95
GF Value