Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Somi Conveyor BeltingsNSE:SOMICONVEY +0.07%78 ROE % is 2.89% as of Mar. 2026, which is 17% below its 10-year median of 3.48. GuruFocus rates NSE:SOMICONVEY with a GF Score™ of 78/100 and a GF Value™ of ₹132.63 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 3,004 Industrial Products companies, Somi Conveyor Beltings ranks better than 51.4% on this metric.
The historical rank and industry rank for Somi Conveyor Beltings's ROE % or its related term are showing as below:
NSE:SOMICONVEY'
s ROE % Range Over the Past 10 Years
Min: 0.71 Med: 3.48 Max: 7.43
Current: 6.38
During the past 13 years, Somi Conveyor Beltings's highest ROE % was 7.43%. The lowest was 0.71%. And the median was 3.48%.
NSE:SOMICONVEY's ROE % is ranked better than 51.4% of 3004
companies
in the Industrial Products industry
Industry Median: 6.015
vs NSE:SOMICONVEY: 6.38
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.
For the Specialty Industrial Machinery subindustry, Somi Conveyor Beltings'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.
Somi Conveyor Beltings ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Somi Conveyor Beltings's ROE % distribution charts can be found below:
* The bar in red indicates where Somi Conveyor Beltings'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.
Somi Conveyor Beltings (NSE:SOMICONVEY) has a ROE % of 2.89% 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 Somi Conveyor Beltings and its competitors. This is 17% below median its historical median of 3.48. Over the past decade, Somi Conveyor Beltings' ROE % has ranged from 0.71 to 7.43. According to the industry distribution chart, Somi Conveyor Beltings ranks #1460 out of 3004 companies in the Industrial Products industry, placing it in the top 48.6%.
Is Somi Conveyor Beltings' ROE % too high?
Somi Conveyor Beltings' current ROE % of 2.89% is 17% below median its 10-year median of 3.48. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 7.43. The Industrial Products industry median ROE % is 6.02. Somi Conveyor Beltings' value of 2.89% is 52% below this industry median. Based on the distribution chart, Somi Conveyor Beltings ranks #1460 out of 3004 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Somi Conveyor Beltings has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Somi Conveyor Beltings' ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Somi Conveyor Beltings ranks #1460 out of 3004 companies for ROE %. This puts Somi Conveyor Beltings in the upper half of its industry. The industry median ROE % is 6.02. Somi Conveyor Beltings' value of 2.89% is 52% below this benchmark. Historically, Somi Conveyor Beltings' own ROE % has ranged from 0.71 to 7.43 over the past decade. While the company's 10-year median is 3.48 vs. the industry median of 6.02, Somi Conveyor Beltings 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 6.02, based on 3,004 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. Somi Conveyor Beltings's current ROE % of 2.89% is 52% 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 Somi Conveyor Beltings and its competitors. For the Industrial Products industry, the median ROE % is 6.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Somi Conveyor Beltings's current ROE % is 2.89%, which is 17% below median its own 10-year median of 3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Somi Conveyor Beltings stock overvalued right now?
Based on GuruFocus' analysis, Somi Conveyor Beltings (NSE:SOMICONVEY) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹132.63, compared to a current price of ₹87.65 — trading 33.9% below its estimated fair value. The current ROE % is 2.89%, which is 17% below median its 10-year median of 3.48 and 52% below the Industrial Products industry median of 6.02. Somi Conveyor Beltings' overall GF Score™ is 78/100 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 Somi Conveyor Beltings (NSE:SOMICONVEY), the current ROE % is 2.89% 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.
Is Somi Conveyor Beltings (NSE:SOMICONVEY) Overvalued in 2026?
Based on GuruFocus' analysis, Somi Conveyor Beltings stock appears to be undervalued.
The current stock price of ₹87.65 is trading 33.9% below its estimated GF Value™ of ₹132.63.
GuruFocus considers Somi Conveyor Beltings to be Significantly Undervalued.
Key valuation signals for NSE:SOMICONVEY:
ROE %: 2.89% (17% below median its 10-year median of 3.48)
GF Value™: ₹132.63 vs. price of ₹87.65 (33.9% below fair value)
Industry Position: 52% below the Industrial Products median (#1460 of 3004)
No single metric tells the full story. See the NSE:SOMICONVEY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Somi Conveyor Beltings Ltd is a company that manufactures and sells industrial conveyor belts. It offers products for the cement, sponge iron, power, and mining sectors. The company's product line provides general-purpose, heat-resistant, fire-resistant, and oil-resistant conveyor belts. It also offers special-purpose conveyor belts, such as bulletproof, chevron, rough top, pipe conveyor, and fusion belts, as well as rubber sheets and mattings, maintenance conveyor belts, and steel cord beltings. The company operates in a single segment, which is Manufacturing conveyor belts, and generates revenue from the same.
78GF Score
Get the complete analysis for NSE:SOMICONVEY
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:SOMICONVEY has been successfully added to your 
