Three M Paper Boards (BOM:544214) ROE %: 7.57% (As of Mar. 2026) — 26% Below Median

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BOM:544214 Three M Paper Boards Ltd BOM:544214
29 GF Score
Price ₹23.95
! 6 Warning Signs
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What is Three M Paper Boards ROE %?

Three M Paper Boards BOM:544214 -1.80% 29 ROE % is 7.57% as of Mar. 2026, which is 26% below its 10-year median of 10.27. GuruFocus rates BOM:544214 with a GF Score™ of 29/100. The stock has 6 warning signs investors should review. Among 279 Forest Products companies, Three M Paper Boards ranks better than 72.76% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Three M Paper Boards's annualized net income for the quarter that ended in Mar. 2026 was ₹83 Mil. Three M Paper Boards's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,089 Mil. Therefore, Three M Paper Boards's annualized ROE % for the quarter that ended in Mar. 2026 was 7.57%.

The historical rank and industry rank for Three M Paper Boards's ROE % or its related term are showing as below:

BOM:544214' s ROE % Range Over the Past 10 Years
Min: 4.62   Med: 10.27   Max: 20.83
Current: 6.69

During the past 6 years, Three M Paper Boards's highest ROE % was 20.83%. The lowest was 4.62%. And the median was 10.27%.

BOM:544214's ROE % is ranked better than
72.76% of 279 companies
in the Forest Products industry
Industry Median: 2.18 vs BOM:544214: 6.69

Three M Paper Boards  (BOM:544214) 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
=82.522/1089.4415
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(82.522 / 3077.208)*(3077.208 / 2643.9475)*(2643.9475 / 1089.4415)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.68 %*1.1639*2.4269
=ROA %*Equity Multiplier
=3.12 %*2.4269
=7.57 %

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
=82.522/1089.4415
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (82.522 / 86.278) * (86.278 / 131.882) * (131.882 / 3077.208) * (3077.208 / 2643.9475) * (2643.9475 / 1089.4415)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9565 * 0.6542 * 4.29 % * 1.1639 * 2.4269
=7.57 %

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.


Three M Paper Boards ROE % Related Terms


Three M Paper Boards ROE % Historical Data

* Premium members only.

The historical data trend for Three M Paper Boards'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.

Three M Paper Boards ROE % Chart

Three M Paper Boards Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial 8.40 15.05 20.83 12.14 6.67

Three M Paper Boards Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only 18.38 15.34 9.04 5.78 7.57

Three M Paper Boards ROE % Competitor Comparison

For the Paper & Paper Products subindustry, Three M Paper Boards'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.


Three M Paper Boards ROE % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Three M Paper Boards's ROE % distribution charts can be found below:

* The bar in red indicates where Three M Paper Boards's ROE % falls into.


BOM:544214
29GF Score
Three M Paper Boards Ltd BOM:544214
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Three M Paper Boards ROE % Calculation

Three M Paper Boards'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 )
=71.698/( (1038.374+1110.072)/ 2 )
=71.698/1074.223
=6.67 %

Three M Paper Boards'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 )
=82.522/( (1068.811+1110.072)/ 2 )
=82.522/1089.4415
=7.57 %

* 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 7.57% mean?
Three M Paper Boards (BOM:544214) has a ROE % of 7.57% 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 Three M Paper Boards and its competitors. This is 26% below median its historical median of 10.27. Over the past decade, Three M Paper Boards' ROE % has ranged from 4.62 to 20.83. According to the industry distribution chart, Three M Paper Boards ranks #76 out of 279 companies in the Forest Products industry, placing it in the top 27.2%.
Is Three M Paper Boards' ROE % too high?
Three M Paper Boards' current ROE % of 7.57% is 26% below median its 10-year median of 10.27. Over the past 10 years, this metric has ranged from a low of 4.62 to a high of 20.83. The Forest Products industry median ROE % is 2.18. Three M Paper Boards' value of 7.57% is 247.2% above this industry median. Based on the distribution chart, Three M Paper Boards ranks #76 out of 279 companies in the Forest Products industry, which is above the industry midpoint. Overall, Three M Paper Boards has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Three M Paper Boards' ROE % compare to competitors?
According to the Forest Products industry distribution chart, Three M Paper Boards ranks #76 out of 279 companies for ROE %. This puts Three M Paper Boards in the upper half of its industry. The industry median ROE % is 2.18. Three M Paper Boards' value of 7.57% is 247.2% above this benchmark. Historically, Three M Paper Boards' own ROE % has ranged from 4.62 to 20.83 over the past decade. While the company's 10-year median is 10.27 vs. the industry median of 2.18, Three M Paper Boards 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 Forest Products company?
The median ROE % among Forest Products companies is 2.18, based on 279 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. Three M Paper Boards's current ROE % of 7.57% is 247.2% 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 Three M Paper Boards and its competitors. For the Forest Products industry, the median ROE % is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Three M Paper Boards's current ROE % is 7.57%, which is 26% below median its own 10-year median of 10.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Three M Paper Boards stock overvalued right now?
Three M Paper Boards (BOM:544214) has a current ROE % of 7.57%. The current ROE % is 7.57%, which is 26% below median its 10-year median of 10.27 and 247.2% above the Forest Products industry median of 2.18. Three M Paper Boards' overall GF Score™ is 29/100 with 6 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 Three M Paper Boards (BOM:544214), the current ROE % is 7.57% 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.

Three M Paper Boards Business Description

Address 5-B Naigaon Cross Road, A33 & 34, Floor-2, Royal Industrial Estate, Wadala, Mumbai, MH, IND, 400031
Three M Paper Boards Ltd is engaged in the business of manufacturing recycled paper-based Duplex Board products used in various packaging applications across industries such as food and beverage, pharmaceuticals, cosmetics, and consumer goods and supplies. The products are made out of recycled waste paper and are completely biodegradable. Its products include Royal WB, Royal GB, and Prima GB. The company is also engaged in the activity of generation of Wind Energy.
29GF Score

Get the complete analysis for BOM:544214

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

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