Globale TessileNSE:GLOBALE -4.94%21 ROE % is -17.00% as of Mar. 2026. GuruFocus rates NSE:GLOBALE with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Globale Tessile ranks worse than 88.76% on this metric.
The historical rank and industry rank for Globale Tessile's ROE % or its related term are showing as below:
NSE:GLOBALE'
s ROE % Range Over the Past 10 Years
Min: -13.59 Med: 10.76 Max: 19.6
Current: -13.56
During the past 10 years, Globale Tessile's highest ROE % was 19.60%. The lowest was -13.59%. And the median was 10.76%.
NSE:GLOBALE's ROE % is ranked worse than 88.76% of 1023
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.04
vs NSE:GLOBALE: -13.56
Globale Tessile (NSE:GLOBALE) 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.
Globale Tessile ROE % Related Terms
Globale Tessile ROE % Historical Data
* Premium members only.
The historical data trend for Globale Tessile'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 Textile Manufacturing subindustry, Globale Tessile'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.
Globale Tessile ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Globale Tessile's ROE % distribution charts can be found below:
* The bar in red indicates where Globale Tessile'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.
Globale Tessile (NSE:GLOBALE) has a ROE % of -17.00% 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 Globale Tessile and its competitors. According to the industry distribution chart, Globale Tessile ranks #908 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 88.8%.
Is Globale Tessile's ROE % too high?
Globale Tessile's current ROE % is -17.00%. Based on the distribution chart, Globale Tessile ranks #908 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Globale Tessile has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Globale Tessile's ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Globale Tessile ranks #908 out of 1023 companies for ROE %. This places Globale Tessile in the lower half of its industry. The industry median ROE % is 4.04. 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,023 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. 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 Globale Tessile and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globale Tessile's current ROE % is -17.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globale Tessile stock overvalued right now?
Globale Tessile (NSE:GLOBALE) has a current ROE % of -17.00%. The current ROE % is -17.00%. Globale Tessile's overall GF Score™ is 21/100 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 Globale Tessile (NSE:GLOBALE), the current ROE % is -17.00% 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.
Globale Tessile Ltd is principally engaged in the business of trading textile products. The company's products include Beaded George Fabric, Embroidery Fabric, African Print Fabric, African George Fabric, and Ladies Kaftans.
21GF Score
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