Fonebox Retail (NSE:FONEBOX) ROE %: 12.77% (As of Sep. 2025) — 40% Below Median


NSE:FONEBOX Fonebox Retail Ltd NSE:FONEBOX
16 GF Score
Price ₹72.50
! 1 Warning Sign
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What is Fonebox Retail ROE %?

Fonebox Retail NSE:FONEBOX 16 ROE % is 12.77% as of Sep. 2025, which is 40% below its 10-year median of 21.35. GuruFocus rates NSE:FONEBOX with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 1,092 Retail - Cyclical companies, Fonebox Retail ranks better than 71.34% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Fonebox Retail's annualized net income for the quarter that ended in Sep. 2025 was ₹46 Mil. Fonebox Retail's average Total Stockholders Equity over the quarter that ended in Sep. 2025 was ₹356 Mil. Therefore, Fonebox Retail's annualized ROE % for the quarter that ended in Sep. 2025 was 12.77%.

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

NSE:FONEBOX' s ROE % Range Over the Past 10 Years
Min: -18.67   Med: 21.35   Max: 113.9
Current: 14.32

During the past 5 years, Fonebox Retail's highest ROE % was 113.90%. The lowest was -18.67%. And the median was 21.35%.

NSE:FONEBOX's ROE % is ranked better than
71.34% of 1092 companies
in the Retail - Cyclical industry
Industry Median: 6.505 vs NSE:FONEBOX: 14.32

Fonebox Retail  (NSE:FONEBOX) 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. 2025 )
=Net Income/Total Stockholders Equity
=45.506/356.3435
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(45.506 / 4474.46)*(4474.46 / 1002.721)*(1002.721 / 356.3435)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.02 %*4.4623*2.8139
=ROA %*Equity Multiplier
=4.55 %*2.8139
=12.77 %

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. 2025 )
=Net Income/Total Stockholders Equity
=45.506/356.3435
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (45.506 / 63.054) * (63.054 / 66.922) * (66.922 / 4474.46) * (4474.46 / 1002.721) * (1002.721 / 356.3435)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7217 * 0.9422 * 1.5 % * 4.4623 * 2.8139
=12.77 %

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.


Fonebox Retail ROE % Related Terms


Fonebox Retail ROE % Historical Data

* Premium members only.

The historical data trend for Fonebox Retail'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.

Fonebox Retail ROE % Chart

Fonebox Retail Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
ROE %
-18.67 35.01 113.90 21.35 14.11

Fonebox Retail Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
ROE % Get a 7-Day Free Trial 54.18 19.18 11.47 16.40 12.77

NSE:FONEBOX vs CASY, WSM, DKS: ROE % Comparison

For the Specialty Retail subindustry, Fonebox Retail'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.


Fonebox Retail ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fonebox Retail's ROE % distribution charts can be found below:

* The bar in red indicates where Fonebox Retail's ROE % falls into.


NSE:FONEBOX
16GF Score
Fonebox Retail Ltd NSE:FONEBOX
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fonebox Retail ROE % Calculation

Fonebox Retail's annualized ROE % for the fiscal year that ended in Mar. 2025 is calculated as

ROE %=Net Income (A: Mar. 2025 )/( (Total Stockholders Equity (A: Mar. 2024 )+Total Stockholders Equity (A: Mar. 2025 ))/ count )
=45.461/( (299.507+344.968)/ 2 )
=45.461/322.2375
=14.11 %

Fonebox Retail's annualized ROE % for the quarter that ended in Sep. 2025 is calculated as

ROE %=Net Income (Q: Sep. 2025 )/( (Total Stockholders Equity (Q: Mar. 2025 )+Total Stockholders Equity (Q: Sep. 2025 ))/ count )
=45.506/( (344.968+367.719)/ 2 )
=45.506/356.3435
=12.77 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 12.77% mean?
Fonebox Retail (NSE:FONEBOX) has a ROE % of 12.77% 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 Fonebox Retail and its competitors. This is 40% below median its historical median of 21.35. According to the industry distribution chart, Fonebox Retail ranks #313 out of 1092 companies in the Retail - Cyclical industry, placing it in the top 28.7%.
Is Fonebox Retail's ROE % too high?
Fonebox Retail's current ROE % of 12.77% is 40% below median its 10-year median of 21.35. The Retail - Cyclical industry median ROE % is 6.51. Fonebox Retail's value of 12.77% is 96.3% above this industry median. Based on the distribution chart, Fonebox Retail ranks #313 out of 1092 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Fonebox Retail has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Fonebox Retail's ROE % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Fonebox Retail ranks #313 out of 1092 companies for ROE %. This puts Fonebox Retail in the upper half of its industry. The industry median ROE % is 6.51. Fonebox Retail's value of 12.77% is 96.3% above this benchmark. While the company's 10-year median is 21.35 vs. the industry median of 6.51, Fonebox Retail 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 6.51, 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. Fonebox Retail's current ROE % of 12.77% is 96.3% 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 Fonebox Retail and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fonebox Retail's current ROE % is 12.77%, which is 40% below median its own 10-year median of 21.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fonebox Retail stock overvalued right now?
Fonebox Retail (NSE:FONEBOX) has a current ROE % of 12.77%. The current ROE % is 12.77%, which is 40% below median its 10-year median of 21.35 and 96.3% above the Retail - Cyclical industry median of 6.51. Fonebox Retail's overall GF Score™ is 16/100 with 1 warning sign 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 Fonebox Retail (NSE:FONEBOX), the current ROE % is 12.77% 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.

Fonebox Retail Business Description

Address S G Road, 702/703, 7th Floor, Satyam 64, Opposite Gujarat High Court, Ahmedabad, GJ, IND, 380061
Fonebox Retail Ltd is engaged in multi-brand retail selling of Smart Phones and allied accessories from manufacturers like Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG, and Micromax. It is also engaged in multi-brand retail selling of consumer durable electronics goods like laptops, Washing Machines, Smart TVs, Air Conditioners, Fridges, etc., from brands like TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, and OnePlus. It mainly operates under the brand names of Fonebook and Fonebox and operates in stores across the state of Gujarat. The company's business activity falls within a single business segment of retail, and geographically it operates only in India.
16GF Score

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