Scoda TubesNSE:SCODATUBES -2.26%13 ROE % is 6.48% as of Mar. 2026, which is 75% below its 10-year median of 25.75. GuruFocus rates NSE:SCODATUBES with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 620 Steel companies, Scoda Tubes ranks better than 76.94% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Scoda Tubes's annualized net income for the quarter that ended in Mar. 2026 was ₹253 Mil. Scoda Tubes's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹3,903 Mil. Therefore, Scoda Tubes's annualized ROE % for the quarter that ended in Mar. 2026 was 6.48%.
The historical rank and industry rank for Scoda Tubes's ROE % or its related term are showing as below:
NSE:SCODATUBES'
s ROE % Range Over the Past 10 Years
Min: 4.68 Med: 25.75 Max: 49.9
Current: 10.16
During the past 5 years, Scoda Tubes's highest ROE % was 49.90%. The lowest was 4.68%. And the median was 25.75%.
NSE:SCODATUBES's ROE % is ranked better than 76.94% of 620
companies
in the Steel industry
Industry Median: 3.68
vs NSE:SCODATUBES: 10.16
Scoda Tubes (NSE:SCODATUBES) 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.
Scoda Tubes ROE % Related Terms
Scoda Tubes ROE % Historical Data
* Premium members only.
The historical data trend for Scoda Tubes'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 Steel subindustry, Scoda Tubes'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.
Scoda Tubes ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, Scoda Tubes's ROE % distribution charts can be found below:
* The bar in red indicates where Scoda Tubes'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.
Scoda Tubes (NSE:SCODATUBES) has a ROE % of 6.48% 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 Scoda Tubes and its competitors. This is 75% below median its historical median of 25.75. Over the past decade, Scoda Tubes' ROE % has ranged from 4.68 to 49.90. According to the industry distribution chart, Scoda Tubes ranks #143 out of 620 companies in the Steel industry, placing it in the top 23.1%.
Is Scoda Tubes' ROE % too high?
Scoda Tubes' current ROE % of 6.48% is 75% below median its 10-year median of 25.75. Over the past 10 years, this metric has ranged from a low of 4.68 to a high of 49.90. The Steel industry median ROE % is 3.68. Scoda Tubes' value of 6.48% is 76.1% above this industry median. Based on the distribution chart, Scoda Tubes ranks #143 out of 620 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Scoda Tubes has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Scoda Tubes' ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Scoda Tubes ranks #143 out of 620 companies for ROE %. This places Scoda Tubes in the top 23% of its industry — outperforming the majority of peers. The industry median ROE % is 3.68. Scoda Tubes' value of 6.48% is 76.1% above this benchmark. Historically, Scoda Tubes' own ROE % has ranged from 4.68 to 49.90 over the past decade. While the company's 10-year median is 25.75 vs. the industry median of 3.68, Scoda Tubes 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 Steel company?
The median ROE % among Steel companies is 3.68, based on 620 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. Scoda Tubes's current ROE % of 6.48% is 76.1% 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 Scoda Tubes and its competitors. For the Steel industry, the median ROE % is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scoda Tubes's current ROE % is 6.48%, which is 75% below median its own 10-year median of 25.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scoda Tubes stock overvalued right now?
Scoda Tubes (NSE:SCODATUBES) has a current ROE % of 6.48%. The current ROE % is 6.48%, which is 75% below median its 10-year median of 25.75 and 76.1% above the Steel industry median of 3.68. Scoda Tubes' overall GF Score™ is 13/100 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 Scoda Tubes (NSE:SCODATUBES), the current ROE % is 6.48% 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.
Scoda Tubes Ltd is a manufacturer of stainless-steel tubes and pipes. The company's product includes Stainless Steel Seamless Pipes, Stainless Steel Seamless Tube, Stainless Steel Instrumentation Tubes, Stainless Steel Welded Pipes, Stainless Steel Welded Tubes, and Stainless Steel Welded 'U' Tubes. Geographically, the company generates the majority of its revenue within India.
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