Foce IndiaNSE:FOCE -0.66%79 ROE % is 14.22% as of Sep. 2025, which is 30% below its 10-year median of 20.46. GuruFocus rates NSE:FOCE with a GF Score™ of 79/100 and a GF Value™ of ₹779.20 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,092 Retail - Cyclical companies, Foce India ranks better than 76.92% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Foce India's annualized net income for the quarter that ended in Sep. 2025 was ₹116 Mil. Foce India's average Total Stockholders Equity over the quarter that ended in Sep. 2025 was ₹817 Mil. Therefore, Foce India's annualized ROE % for the quarter that ended in Sep. 2025 was 14.22%.
The historical rank and industry rank for Foce India's ROE % or its related term are showing as below:
NSE:FOCE'
s ROE % Range Over the Past 10 Years
Min: 17.06 Med: 20.46 Max: 36.46
Current: 17.06
During the past 7 years, Foce India's highest ROE % was 36.46%. The lowest was 17.06%. And the median was 20.46%.
NSE:FOCE's ROE % is ranked better than 76.92% of 1092
companies
in the Retail - Cyclical industry
Industry Median: 6.49
vs NSE:FOCE: 17.06
Foce India (NSE:FOCE) 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 (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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.
Foce India ROE % Related Terms
Foce India ROE % Historical Data
* Premium members only.
The historical data trend for Foce 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.
For the Luxury Goods subindustry, Foce 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.
Foce India ROE % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Foce India's ROE % distribution charts can be found below:
* The bar in red indicates where Foce India'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 (Sep. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Foce India (NSE:FOCE) has a ROE % of 14.22% as of Sep. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Foce India and its competitors. This is 30% below median its historical median of 20.46. Over the past decade, Foce India's ROE % has ranged from 17.06 to 36.46. According to the industry distribution chart, Foce India ranks #252 out of 1092 companies in the Retail - Cyclical industry, placing it in the top 23.1%.
Is Foce India's ROE % too high?
Foce India's current ROE % of 14.22% is 30% below median its 10-year median of 20.46. Over the past 10 years, this metric has ranged from a low of 17.06 to a high of 36.46. The Retail - Cyclical industry median ROE % is 6.49. Foce India's value of 14.22% is 119.1% above this industry median. Based on the distribution chart, Foce India ranks #252 out of 1092 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Foce India has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Foce India's ROE % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Foce India ranks #252 out of 1092 companies for ROE %. This places Foce India in the top 23% of its industry — outperforming the majority of peers. The industry median ROE % is 6.49. Foce India's value of 14.22% is 119.1% above this benchmark. Historically, Foce India's own ROE % has ranged from 17.06 to 36.46 over the past decade. While the company's 10-year median is 20.46 vs. the industry median of 6.49, Foce India 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.49, based on 1,092 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. Foce India's current ROE % of 14.22% is 119.1% 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 Foce India and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foce India's current ROE % is 14.22%, which is 30% below median its own 10-year median of 20.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foce India stock overvalued right now?
Based on GuruFocus' analysis, Foce India (NSE:FOCE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹779.20, compared to a current price of ₹605.00 — trading 22.4% below its estimated fair value. The current ROE % is 14.22%, which is 30% below median its 10-year median of 20.46 and 119.1% above the Retail - Cyclical industry median of 6.49. Foce India's overall GF Score™ is 79/100 with 4 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 Foce India (NSE:FOCE), the current ROE % is 14.22% as of Sep. 2025. 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 Foce India (NSE:FOCE) Overvalued in 2026?
Based on GuruFocus' analysis, Foce India stock appears to be undervalued.
The current stock price of ₹605.00 is trading 22.4% below its estimated GF Value™ of ₹779.20.
GuruFocus considers Foce India to be Modestly Undervalued.
Key valuation signals for NSE:FOCE:
ROE %: 14.22% (30% below median its 10-year median of 20.46)
GF Value™: ₹779.20 vs. price of ₹605.00 (22.4% below fair value)
Industry Position: 119.1% above the Retail - Cyclical median (#252 of 1092)
No single metric tells the full story. See the NSE:FOCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Foce India Ltd manufactures and imports wrist watches under various brand names. It mainly focuses on offering watches in the mid-range segment with distribution of many retail stores across the country, with an imposing list of clientele in the corporate segment. The company's product portfolio comprises analog watches, automatic watches, multifunction watches, and sunglasses across metal, silicon, and leather categories. The group's operating business segments are: Trading Activities and Renting of Immovable Property. Geographically, it operates only in India.
79GF Score
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