Indo Farm EquipmentNSE:INDOFARM -1.64%36 ROE % is 6.27% as of Mar. 2026, which is 23% above its 10-year median of 5.10. GuruFocus rates NSE:INDOFARM with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 204 Farm & Heavy Construction Machinery companies, Indo Farm Equipment ranks better than 73.53% on this metric.
The historical rank and industry rank for Indo Farm Equipment's ROE % or its related term are showing as below:
NSE:INDOFARM'
s ROE % Range Over the Past 10 Years
Min: 3.25 Med: 5.1 Max: 13.75
Current: 13.75
During the past 6 years, Indo Farm Equipment's highest ROE % was 13.75%. The lowest was 3.25%. And the median was 5.10%.
NSE:INDOFARM's ROE % is ranked better than 73.53% of 204
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 7.315
vs NSE:INDOFARM: 13.75
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.
Indo Farm Equipment ROE % Related Terms
Indo Farm Equipment ROE % Historical Data
* Premium members only.
The historical data trend for Indo Farm Equipment'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 Farm & Heavy Construction Machinery subindustry, Indo Farm Equipment'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.
Indo Farm Equipment ROE % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Indo Farm Equipment's ROE % distribution charts can be found below:
* The bar in red indicates where Indo Farm Equipment'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.
Indo Farm Equipment (NSE:INDOFARM) has a ROE % of 6.27% 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 Indo Farm Equipment and its competitors. This is 23% above median its historical median of 5.10. Over the past decade, Indo Farm Equipment's ROE % has ranged from 3.25 to 13.75. According to the industry distribution chart, Indo Farm Equipment ranks #54 out of 204 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 26.5%.
Is Indo Farm Equipment's ROE % too high?
Indo Farm Equipment's current ROE % of 6.27% is 23% above median its 10-year median of 5.10. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 13.75. The Farm & Heavy Construction Machinery industry median ROE % is 7.32. Indo Farm Equipment's value of 6.27% is 14.3% below this industry median. Based on the distribution chart, Indo Farm Equipment ranks #54 out of 204 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Indo Farm Equipment has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Indo Farm Equipment's ROE % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Indo Farm Equipment ranks #54 out of 204 companies for ROE %. This puts Indo Farm Equipment in the upper half of its industry. The industry median ROE % is 7.32. Indo Farm Equipment's value of 6.27% is 14.3% below this benchmark. Historically, Indo Farm Equipment's own ROE % has ranged from 3.25 to 13.75 over the past decade. While the company's 10-year median is 5.10 vs. the industry median of 7.32, Indo Farm Equipment has consistently been below 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 Farm & Heavy Construction Machinery company?
The median ROE % among Farm & Heavy Construction Machinery companies is 7.32, based on 204 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. Indo Farm Equipment's current ROE % of 6.27% is 14.3% below 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 Indo Farm Equipment and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROE % is 7.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Farm Equipment's current ROE % is 6.27%, which is 23% above median its own 10-year median of 5.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Farm Equipment stock overvalued right now?
Indo Farm Equipment (NSE:INDOFARM) has a current ROE % of 6.27%. The current ROE % is 6.27%, which is 23% above median its 10-year median of 5.10 and 14.3% below the Farm & Heavy Construction Machinery industry median of 7.32. Indo Farm Equipment's overall GF Score™ is 36/100 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 Indo Farm Equipment (NSE:INDOFARM), the current ROE % is 6.27% 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.
Indo Farm Equipment Ltd is a fully integrated established manufacturer of Tractors and Pick & Carry Cranes. It also deals in other farm equipment such as Harvester Combines, Rotavators, and other related spares & components. Its facilities are equipped with induction furnaces, pneumatic molding machines, automatic molding line, a sand plant, a fully equipped Metallurgy and Sand Testing Laboratory, a Machining Center, a Gear Shop, a Press Shop, Fabrication Shop, Paint Shop, Assembly unit, Quality Room & Utility room.
36GF Score
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