Afloat EnterprisesBOM:543377 +3.99%50 ROE % is 2.20% as of Mar. 2026, which is 300% above its 10-year median of 0.55. GuruFocus rates BOM:543377 with a GF Score™ of 50/100 and a GF Value™ of ₹1.75 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 618 Steel companies, Afloat Enterprises ranks worse than 161812.14% on this metric.
The historical rank and industry rank for Afloat Enterprises's ROE % or its related term are showing as below:
During the past 8 years, Afloat Enterprises's highest ROE % was 158.67%. The lowest was -1.42%. And the median was 0.55%.
BOM:543377's ROE % is not ranked *
in the Steel industry.
Industry Median: 3.69 * Ranked among companies with meaningful ROE % only.
Afloat Enterprises (BOM:543377) 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 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.
Afloat Enterprises ROE % Related Terms
Afloat Enterprises ROE % Historical Data
* Premium members only.
The historical data trend for Afloat Enterprises'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 Steel subindustry, Afloat Enterprises'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.
Afloat Enterprises ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, Afloat Enterprises's ROE % distribution charts can be found below:
* The bar in red indicates where Afloat Enterprises'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 two times the semi-annual (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Afloat Enterprises (BOM:543377) has a ROE % of 2.20% 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 Afloat Enterprises and its competitors. This is 300% above median its historical median of 0.55. According to the industry distribution chart, Afloat Enterprises ranks #999999 out of 618 companies in the Steel industry.
Is Afloat Enterprises' ROE % too high?
Afloat Enterprises' current ROE % of 2.20% is 300% above median its 10-year median of 0.55. The Steel industry median ROE % is 3.69. Afloat Enterprises' value of 2.20% is 40.4% below this industry median. Based on the distribution chart, Afloat Enterprises ranks #999999 out of 618 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Afloat Enterprises has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Afloat Enterprises' ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Afloat Enterprises ranks #999999 out of 618 companies for ROE %. This places Afloat Enterprises in the lower half of its industry. The industry median ROE % is 3.69. Afloat Enterprises' value of 2.20% is 40.4% below this benchmark. While the company's 10-year median is 0.55 vs. the industry median of 3.69, Afloat Enterprises 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 Steel company?
The median ROE % among Steel companies is 3.69, based on 618 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. Afloat Enterprises's current ROE % of 2.20% is 40.4% 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 Afloat Enterprises and its competitors. For the Steel industry, the median ROE % is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afloat Enterprises's current ROE % is 2.20%, which is 300% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afloat Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Afloat Enterprises (BOM:543377) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.75, compared to a current price of ₹13.82 — trading 689.7% above its estimated fair value. The current ROE % is 2.20%, which is 300% above median its 10-year median of 0.55 and 40.4% below the Steel industry median of 3.69. Afloat Enterprises' overall GF Score™ is 50/100 with 8 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 Afloat Enterprises (BOM:543377), the current ROE % is 2.20% 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 Afloat Enterprises (BOM:543377) Overvalued in 2026?
Based on GuruFocus' analysis, Afloat Enterprises stock appears to be overvalued.
The current stock price of ₹13.82 is trading 689.7% above its estimated GF Value™ of ₹1.75.
GuruFocus considers Afloat Enterprises to be Significantly Overvalued.
Key valuation signals for BOM:543377:
ROE %: 2.20% (300% above median its 10-year median of 0.55)
GF Value™: ₹1.75 vs. price of ₹13.82 (689.7% above fair value)
Industry Position: 40.4% below the Steel median (#999999 of 618)
No single metric tells the full story. See the BOM:543377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afloat Enterprises Ltd operates in the trading of metals, with a core focus on iron and steel products. The company's business activities include the manufacture, production, procurement, conversion, sale, and trading of various iron and steel items such as tin plates, ETP sheets, and stainless products. Additionally, it deals in commodities like diamonds, gold, wheat, rice, and oils, engaging in trading both within India and internationally. The company generates revenue prominently from its metal trading operations and commodities trading. Its operations are majorly based in India, serving various industrial and commodity markets across the country and abroad.
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