Modern Threads (India)NSE:MODTHREAD +1.37%38 ROE % is 10.08% as of Mar. 2026, which is 15% above its 10-year median of 8.77. GuruFocus rates NSE:MODTHREAD with a GF Score™ of 38/100. The stock has 3 warning signs investors should review. Among 1,025 Manufacturing - Apparel & Accessories companies, Modern Threads (India) ranks better than 69.85% on this metric.
The historical rank and industry rank for Modern Threads (India)'s ROE % or its related term are showing as below:
NSE:MODTHREAD'
s ROE % Range Over the Past 10 Years
Min: 2.57 Med: 8.77 Max: 21.88
Current: 8.84
During the past 11 years, Modern Threads (India)'s highest ROE % was 21.88%. The lowest was 2.57%. And the median was 8.77%.
NSE:MODTHREAD's ROE % is ranked better than 69.85% of 1025
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.13
vs NSE:MODTHREAD: 8.84
Modern Threads (India) (NSE:MODTHREAD) 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.
Modern Threads (India) ROE % Competitor Comparison
For the Textile Manufacturing subindustry, Modern Threads (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.
Modern Threads (India) ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Modern Threads (India)'s ROE % distribution charts can be found below:
* The bar in red indicates where Modern Threads (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 four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Modern Threads (India) (NSE:MODTHREAD) has a ROE % of 10.08% 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 Modern Threads (India) and its competitors. This is 15% above median its historical median of 8.77. Over the past decade, Modern Threads (India)'s ROE % has ranged from 2.57 to 21.88. According to the industry distribution chart, Modern Threads (India) ranks #309 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 30.1%.
Is Modern Threads (India)'s ROE % too high?
Modern Threads (India)'s current ROE % of 10.08% is 15% above median its 10-year median of 8.77. Over the past 10 years, this metric has ranged from a low of 2.57 to a high of 21.88. The Manufacturing - Apparel & Accessories industry median ROE % is 4.13. Modern Threads (India)'s value of 10.08% is 144.1% above this industry median. Based on the distribution chart, Modern Threads (India) ranks #309 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Modern Threads (India) has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Modern Threads (India)'s ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Modern Threads (India) ranks #309 out of 1025 companies for ROE %. This puts Modern Threads (India) in the upper half of its industry. The industry median ROE % is 4.13. Modern Threads (India)'s value of 10.08% is 144.1% above this benchmark. Historically, Modern Threads (India)'s own ROE % has ranged from 2.57 to 21.88 over the past decade. While the company's 10-year median is 8.77 vs. the industry median of 4.13, Modern Threads (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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.13, based on 1,025 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. Modern Threads (India)'s current ROE % of 10.08% is 144.1% 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 Modern Threads (India) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Threads (India)'s current ROE % is 10.08%, which is 15% above median its own 10-year median of 8.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Threads (India) stock overvalued right now?
Modern Threads (India) (NSE:MODTHREAD) has a current ROE % of 10.08%. The current ROE % is 10.08%, which is 15% above median its 10-year median of 8.77 and 144.1% above the Manufacturing - Apparel & Accessories industry median of 4.13. Modern Threads (India)'s overall GF Score™ is 38/100 with 3 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 Modern Threads (India) (NSE:MODTHREAD), the current ROE % is 10.08% 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.
Modern Threads (India) Ltd is engaged in the textile industry, manufacturing and selling a diverse products, including worsted yarn, wool tops, wool grease, polyester viscose fiber-dyed yarn, polyester yarn, and lanolin. The company mainly produces worsted yarn, wool tops, and synthetic yarn. Its products are exported to over 25 countries across Europe, Latin America, the Far East, the Middle East, and Africa. Its manufacturing plants are located in Raila and Bhilwara. The company has generated the majority of its revenue from India.
38GF Score
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