TridentNSE:TRIDENT -1.23%75 ROE % is 8.55% as of Mar. 2026, which is 19% below its 10-year median of 10.54. GuruFocus rates NSE:TRIDENT with a GF Score™ of 75/100 and a GF Value™ of ₹34.59 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Trident ranks better than 66.96% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Trident's annualized net income for the quarter that ended in Mar. 2026 was ₹4,079 Mil. Trident's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹47,714 Mil. Therefore, Trident's annualized ROE % for the quarter that ended in Mar. 2026 was 8.55%.
The historical rank and industry rank for Trident's ROE % or its related term are showing as below:
NSE:TRIDENT'
s ROE % Range Over the Past 10 Years
Min: 8.03 Med: 10.54 Max: 23.25
Current: 8.07
During the past 13 years, Trident's highest ROE % was 23.25%. The lowest was 8.03%. And the median was 10.54%.
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.
Trident ROE % Related Terms
Trident ROE % Historical Data
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The historical data trend for Trident'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 Textile Manufacturing subindustry, Trident'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.
Trident ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Trident's ROE % distribution charts can be found below:
* The bar in red indicates where Trident'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.
Trident (NSE:TRIDENT) has a ROE % of 8.55% 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 Trident and its competitors. This is 19% below median its historical median of 10.54. Over the past decade, Trident's ROE % has ranged from 8.03 to 23.25. According to the industry distribution chart, Trident ranks #338 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 33%.
Is Trident's ROE % too high?
Trident's current ROE % of 8.55% is 19% below median its 10-year median of 10.54. Over the past 10 years, this metric has ranged from a low of 8.03 to a high of 23.25. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. Trident's value of 8.55% is 111.6% above this industry median. Based on the distribution chart, Trident ranks #338 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Trident has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trident's ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Trident ranks #338 out of 1023 companies for ROE %. This puts Trident in the upper half of its industry. The industry median ROE % is 4.04. Trident's value of 8.55% is 111.6% above this benchmark. Historically, Trident's own ROE % has ranged from 8.03 to 23.25 over the past decade. While the company's 10-year median is 10.54 vs. the industry median of 4.04, Trident 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 4.04, based on 1,023 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. Trident's current ROE % of 8.55% is 111.6% 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 Trident and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trident's current ROE % is 8.55%, which is 19% below median its own 10-year median of 10.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trident stock overvalued right now?
Based on GuruFocus' analysis, Trident (NSE:TRIDENT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹34.59, compared to a current price of ₹26.45 — trading 23.5% below its estimated fair value. The current ROE % is 8.55%, which is 19% below median its 10-year median of 10.54 and 111.6% above the Manufacturing - Apparel & Accessories industry median of 4.04. Trident's overall GF Score™ is 75/100 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 Trident (NSE:TRIDENT), the current ROE % is 8.55% 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 Trident (NSE:TRIDENT) Overvalued in 2026?
Based on GuruFocus' analysis, Trident stock appears to be undervalued.
The current stock price of ₹26.45 is trading 23.5% below its estimated GF Value™ of ₹34.59.
GuruFocus considers Trident to be Modestly Undervalued.
Key valuation signals for NSE:TRIDENT:
ROE %: 8.55% (19% below median its 10-year median of 10.54)
GF Value™: ₹34.59 vs. price of ₹26.45 (23.5% below fair value)
Industry Position: 111.6% above the Manufacturing - Apparel & Accessories median (#338 of 1023)
No single metric tells the full story. See the NSE:TRIDENT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trident Ltd is a terry towel and wheat straw-based manufacturer in India. The company through its subsidiaries operates through the below segments: Yarn, Towel, Bedsheets, and Paper & Chemicals. The firm generates a majority of its revenue from the Yarn segment. The group offers products such as solid bath sets, beach towels, embroidered towels, bath mats, bathrobes, duvet covers, cushion covers, blended yarn, drawing paper under Trident Spectra, Trident My Choice, Trident Digi Print, Trident Royal Touch, Trident Eco Green, and Trident Natural brands. The geographical segments of the company include India, the USA, and the Rest of the world.
75GF Score
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