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North Eastern CarryingBOM:534615 -0.77%68 ROE % is 1.24% as of Mar. 2026, which is 76% below its 10-year median of 5.16. GuruFocus rates BOM:534615 with a GF Score™ of 68/100 and a GF Value™ of ₹18.27 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 987 Transportation companies, North Eastern Carrying ranks worse than 70.11% on this metric.
The historical rank and industry rank for North Eastern Carrying's ROE % or its related term are showing as below:
BOM:534615'
s ROE % Range Over the Past 10 Years
Min: 1.52 Med: 5.16 Max: 7.4
Current: 3.46
During the past 13 years, North Eastern Carrying's highest ROE % was 7.40%. The lowest was 1.52%. And the median was 5.16%.
BOM:534615's ROE % is ranked worse than 70.11% of 987
companies
in the Transportation industry
Industry Median: 7.59
vs BOM:534615: 3.46
North Eastern Carrying (BOM:534615) 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.
* 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 Trucking subindustry, North Eastern Carrying'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.
North Eastern Carrying ROE % vs Transportation Industry
For the Transportation industry and Industrials sector, North Eastern Carrying's ROE % distribution charts can be found below:
* The bar in red indicates where North Eastern Carrying'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.
North Eastern Carrying (BOM:534615) has a ROE % of 1.24% 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 North Eastern Carrying and its competitors. This is 76% below median its historical median of 5.16. Over the past decade, North Eastern Carrying's ROE % has ranged from 1.52 to 7.40. According to the industry distribution chart, North Eastern Carrying ranks #692 out of 987 companies in the Transportation industry, placing it in the top 70.1%.
Is North Eastern Carrying's ROE % too high?
North Eastern Carrying's current ROE % of 1.24% is 76% below median its 10-year median of 5.16. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 7.40. The Transportation industry median ROE % is 7.59. North Eastern Carrying's value of 1.24% is 83.7% below this industry median. Based on the distribution chart, North Eastern Carrying ranks #692 out of 987 companies in the Transportation industry, which is below the industry midpoint. Overall, North Eastern Carrying has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does North Eastern Carrying's ROE % compare to ODFL and XPO?
According to the Transportation industry distribution chart, North Eastern Carrying ranks #692 out of 987 companies for ROE %. This places North Eastern Carrying in the lower half of its industry. The industry median ROE % is 7.59. North Eastern Carrying's value of 1.24% is 83.7% below this benchmark. Historically, North Eastern Carrying's own ROE % has ranged from 1.52 to 7.40 over the past decade. While the company's 10-year median is 5.16 vs. the industry median of 7.59, North Eastern Carrying 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 a Transportation company?
The median ROE % among Transportation companies is 7.59, based on 987 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. North Eastern Carrying's current ROE % of 1.24% is 83.7% 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 North Eastern Carrying and its competitors. For the Transportation industry, the median ROE % is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Eastern Carrying's current ROE % is 1.24%, which is 76% below median its own 10-year median of 5.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Eastern Carrying stock overvalued right now?
Based on GuruFocus' analysis, North Eastern Carrying (BOM:534615) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹18.27, compared to a current price of ₹15.48 — trading 15.3% below its estimated fair value. The current ROE % is 1.24%, which is 76% below median its 10-year median of 5.16 and 83.7% below the Transportation industry median of 7.59. North Eastern Carrying's overall GF Score™ is 68/100 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 North Eastern Carrying (BOM:534615), the current ROE % is 1.24% 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 North Eastern Carrying (BOM:534615) Overvalued in 2026?
Based on GuruFocus' analysis, North Eastern Carrying stock appears to be undervalued.
The current stock price of ₹15.48 is trading 15.3% below its estimated GF Value™ of ₹18.27.
GuruFocus considers North Eastern Carrying to be Modestly Undervalued.
Key valuation signals for BOM:534615:
ROE %: 1.24% (76% below median its 10-year median of 5.16)
GF Value™: ₹18.27 vs. price of ₹15.48 (15.3% below fair value)
Industry Position: 83.7% below the Transportation median (#692 of 987)
No single metric tells the full story. See the BOM:534615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North Eastern Carrying Corp Ltd is engaged in the business of transportation. The Company offers freight management and customized logistics solutions. the company also offers Parcel load movement, Full truckload services, containerized movement of cargo, ODC Movement, Bulk Movement: Storage facility, and other transport-related services. Geographically, the company has a presence in Nepal and operational setups in Bhutan and Bangladesh. It generates substantial revenue from Freight.
68GF Score
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