TCI ExpressNSE:TCIEXP -13.37%77 ROE % is 7.83% as of Mar. 2026, which is 70% below its 10-year median of 26.08. GuruFocus rates NSE:TCIEXP with a GF Score™ of 77/100 and a GF Value™ of ₹905.51 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 991 Transportation companies, TCI Express ranks better than 62.36% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. TCI Express's annualized net income for the quarter that ended in Mar. 2026 was ₹641 Mil. TCI Express's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹8,188 Mil. Therefore, TCI Express's annualized ROE % for the quarter that ended in Mar. 2026 was 7.83%.
The historical rank and industry rank for TCI Express's ROE % or its related term are showing as below:
NSE:TCIEXP'
s ROE % Range Over the Past 10 Years
Min: 10.22 Med: 26.08 Max: 31.78
Current: 10.22
During the past 12 years, TCI Express's highest ROE % was 31.78%. The lowest was 10.22%. And the median was 26.08%.
NSE:TCIEXP's ROE % is ranked better than 62.36% of 991
companies
in the Transportation industry
Industry Median: 7.62
vs NSE:TCIEXP: 10.22
TCI Express (NSE:TCIEXP) 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.
TCI Express ROE % Related Terms
TCI Express ROE % Historical Data
* Premium members only.
The historical data trend for TCI Express'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 Integrated Freight & Logistics subindustry, TCI Express'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.
TCI Express ROE % vs Transportation Industry
For the Transportation industry and Industrials sector, TCI Express's ROE % distribution charts can be found below:
* The bar in red indicates where TCI Express'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.
TCI Express (NSE:TCIEXP) has a ROE % of 7.83% 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 TCI Express and its competitors. This is 70% below median its historical median of 26.08. Over the past decade, TCI Express' ROE % has ranged from 10.22 to 31.78. According to the industry distribution chart, TCI Express ranks #373 out of 991 companies in the Transportation industry, placing it in the top 37.6%.
Is TCI Express' ROE % too high?
TCI Express' current ROE % of 7.83% is 70% below median its 10-year median of 26.08. Over the past 10 years, this metric has ranged from a low of 10.22 to a high of 31.78. The Transportation industry median ROE % is 7.62. TCI Express' value of 7.83% is 2.8% above this industry median. Based on the distribution chart, TCI Express ranks #373 out of 991 companies in the Transportation industry, which is above the industry midpoint. Overall, TCI Express has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TCI Express' ROE % compare to FDX and UPS?
According to the Transportation industry distribution chart, TCI Express ranks #373 out of 991 companies for ROE %. This puts TCI Express in the upper half of its industry. The industry median ROE % is 7.62. TCI Express' value of 7.83% is 2.8% above this benchmark. Historically, TCI Express' own ROE % has ranged from 10.22 to 31.78 over the past decade. While the company's 10-year median is 26.08 vs. the industry median of 7.62, TCI Express 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 Transportation company?
The median ROE % among Transportation companies is 7.62, based on 991 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. TCI Express's current ROE % of 7.83% is 2.8% 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 TCI Express and its competitors. For the Transportation industry, the median ROE % is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCI Express's current ROE % is 7.83%, which is 70% below median its own 10-year median of 26.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCI Express stock overvalued right now?
Based on GuruFocus' analysis, TCI Express (NSE:TCIEXP) is currently considered Possible Value Trap. The stock's GF Value™ is ₹905.51, compared to a current price of ₹533.35 — trading 41.1% below its estimated fair value. The current ROE % is 7.83%, which is 70% below median its 10-year median of 26.08 and 2.8% above the Transportation industry median of 7.62. TCI Express' overall GF Score™ is 77/100 with 7 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 TCI Express (NSE:TCIEXP), the current ROE % is 7.83% 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 TCI Express (NSE:TCIEXP) Overvalued in 2026?
Based on GuruFocus' analysis, TCI Express stock appears to be undervalued.
The current stock price of ₹533.35 is trading 41.1% below its estimated GF Value™ of ₹905.51.
GuruFocus considers TCI Express to be Possible Value Trap.
Key valuation signals for NSE:TCIEXP:
ROE %: 7.83% (70% below median its 10-year median of 26.08)
GF Value™: ₹905.51 vs. price of ₹533.35 (41.1% below fair value)
Industry Position: 2.8% above the Transportation median (#373 of 991)
No single metric tells the full story. See the NSE:TCIEXP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCI Express Ltd is a courier service company. The company provides surface express, domestic air express, international air express, e-commerce express, and others. It serves industries such as automobiles, retail, telecom, pharmaceuticals, and e-commerce. The company's only reportable segment being Express Cargo.
77GF Score
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