GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sealmatic India Ltd (BOM:543782) » Definitions » ROE %

Sealmatic India (BOM:543782) ROE % : 14.27% (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Sealmatic India ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sealmatic India's annualized net income for the quarter that ended in Sep. 2024 was ₹129.1 Mil. Sealmatic India's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was ₹904.9 Mil. Therefore, Sealmatic India's annualized ROE % for the quarter that ended in Sep. 2024 was 14.27%.

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

BOM:543782' s ROE % Range Over the Past 10 Years
Min: 10.98   Med: 32.23   Max: 35.13
Current: 10.98

During the past 5 years, Sealmatic India's highest ROE % was 35.13%. The lowest was 10.98%. And the median was 32.23%.

BOM:543782's ROE % is ranked better than
70.31% of 2950 companies
in the Industrial Products industry
Industry Median: 6.25 vs BOM:543782: 10.98

Sealmatic India ROE % Historical Data

The historical data trend for Sealmatic India'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.

* Premium members only.

Sealmatic India ROE % Chart

Sealmatic India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
32.41 35.13 32.23 20.15 11.83

Sealmatic India Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
ROE % Get a 7-Day Free Trial 33.14 19.39 16.14 7.57 14.27

Competitive Comparison of Sealmatic India's ROE %

For the Metal Fabrication subindustry, Sealmatic India'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.


Sealmatic India's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sealmatic India's ROE % distribution charts can be found below:

* The bar in red indicates where Sealmatic India's ROE % falls into.



Sealmatic India ROE % Calculation

Sealmatic India's annualized ROE % for the fiscal year that ended in Mar. 2024 is calculated as

ROE %=Net Income (A: Mar. 2024 )/( (Total Stockholders Equity (A: Mar. 2023 )+Total Stockholders Equity (A: Mar. 2024 ))/ count )
=98.549/( (789.018+877.612)/ 2 )
=98.549/833.315
=11.83 %

Sealmatic India's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Mar. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=129.142/( (877.612+932.228)/ 2 )
=129.142/904.92
=14.27 %

* 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 (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


Sealmatic India  (BOM:543782) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=129.142/904.92
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(129.142 / 878.576)*(878.576 / 1135.188)*(1135.188 / 904.92)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.7 %*0.7739*1.2545
=ROA %*Equity Multiplier
=11.38 %*1.2545
=14.27 %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=129.142/904.92
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (129.142 / 175.412) * (175.412 / 160.922) * (160.922 / 878.576) * (878.576 / 1135.188) * (1135.188 / 904.92)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7362 * 1.09 * 18.32 % * 0.7739 * 1.2545
=14.27 %

Note: The net income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (Sep. 2024) 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.


Sealmatic India ROE % Related Terms

Thank you for viewing the detailed overview of Sealmatic India's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sealmatic India Business Description

Traded in Other Exchanges
N/A
Address
Shanti Vidya Nagri Road, Building A, Indiplex IV, Survey No-12, Hissa No-9A, Village Ghodbunder, Mira Road (East), Thane, MH, IND, 401104
Sealmatic India Ltd is engaged in the business of designing and manufacturing of mechanical seals and associated products. The Mechanical seals manufactured by the company are mainly used in pulp & paper, Oil & Gas, refinery, petrochemical, chemical, fertilizer, power, mining, aerospace, marine, pharmaceutical, and other industrial spaces. The company has a presence in over 45 countries including India. Some of the countries are the USA, Sweden, the UK, Germany, Italy, Japan, Norway, Switzerland, Denmark, Netherlands, Australia, France, and many more.

Sealmatic India Headlines

No Headlines