The historical rank and industry rank for Fine Organic Industries's ROE % or its related term are showing as below:
NSE:FINEORG'
s ROE % Range Over the Past 10 Years
Min: 16.82 Med: 26.62 Max: 49.44
Current: 16.82
During the past 13 years, Fine Organic Industries's highest ROE % was 49.44%. The lowest was 16.82%. And the median was 26.62%.
NSE:FINEORG's ROE % is ranked better than 89.16% of 1586
companies
in the Chemicals industry
Industry Median: 5.185
vs NSE:FINEORG: 16.82
Fine Organic Industries (NSE:FINEORG) 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 Specialty Chemicals subindustry, Fine Organic Industries'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.
Fine Organic Industries ROE % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Fine Organic Industries's ROE % distribution charts can be found below:
* The bar in red indicates where Fine Organic Industries'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.
Fine Organic Industries (NSE:FINEORG) has a ROE % of 17.64% 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 Fine Organic Industries and its competitors. This is 34% below median its historical median of 26.62. Over the past decade, Fine Organic Industries' ROE % has ranged from 16.82 to 49.44. According to the industry distribution chart, Fine Organic Industries ranks #172 out of 1586 companies in the Chemicals industry, placing it in the top 10.8%.
Is Fine Organic Industries' ROE % too high?
Fine Organic Industries' current ROE % of 17.64% is 34% below median its 10-year median of 26.62. Over the past 10 years, this metric has ranged from a low of 16.82 to a high of 49.44. The Chemicals industry median ROE % is 5.19. Fine Organic Industries' value of 17.64% is 240.2% above this industry median. Based on the distribution chart, Fine Organic Industries ranks #172 out of 1586 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Fine Organic Industries has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fine Organic Industries' ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Fine Organic Industries ranks #172 out of 1586 companies for ROE %. This places Fine Organic Industries in the top 11% of its industry — outperforming the majority of peers. The industry median ROE % is 5.19. Fine Organic Industries' value of 17.64% is 240.2% above this benchmark. Historically, Fine Organic Industries' own ROE % has ranged from 16.82 to 49.44 over the past decade. While the company's 10-year median is 26.62 vs. the industry median of 5.19, Fine Organic Industries 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 Chemicals company?
The median ROE % among Chemicals companies is 5.19, based on 1,586 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. Fine Organic Industries's current ROE % of 17.64% is 240.2% 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 Fine Organic Industries and its competitors. For the Chemicals industry, the median ROE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fine Organic Industries's current ROE % is 17.64%, which is 34% below median its own 10-year median of 26.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fine Organic Industries stock overvalued right now?
Based on GuruFocus' analysis, Fine Organic Industries (NSE:FINEORG) is currently considered Fairly Valued. The stock's GF Value™ is ₹4,745.16, compared to a current price of ₹5,236.10 — trading 10.3% above its estimated fair value. The current ROE % is 17.64%, which is 34% below median its 10-year median of 26.62 and 240.2% above the Chemicals industry median of 5.19. Fine Organic Industries' overall GF Score™ is 97/100 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 Fine Organic Industries (NSE:FINEORG), the current ROE % is 17.64% 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 Fine Organic Industries (NSE:FINEORG) Overvalued in 2026?
Based on GuruFocus' analysis, Fine Organic Industries stock appears to be overvalued.
The current stock price of ₹5,236.10 is trading 10.3% above its estimated GF Value™ of ₹4,745.16.
GuruFocus considers Fine Organic Industries to be Fairly Valued.
Key valuation signals for NSE:FINEORG:
ROE %: 17.64% (34% below median its 10-year median of 26.62)
GF Value™: ₹4,745.16 vs. price of ₹5,236.10 (10.3% above fair value)
Industry Position: 240.2% above the Chemicals median (#172 of 1586)
No single metric tells the full story. See the NSE:FINEORG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fine Organic Industries Ltd is an Indian company engaged in the business of manufacturing oleochemical-based additives. The company produces specialty additives for foods, plastics, rubbers, paints, inks, cosmetics, coatings, textile auxiliaries, and several other specialty applications. Some of the chemicals in its product portfolio are Finalux G 101, Finasoft 100, Finamul 2402, and FinaGreen 1014 among others. Geographically, the company generates a majority of its revenue from outside India by exporting its products to various countries.
97GF Score
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