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Veekayem Fashion & ApparelsNSE:VEEKAYEM +4.67%62 ROE % is 15.71% as of Mar. 2025, which is 171% above its 10-year median of 5.80. GuruFocus rates NSE:VEEKAYEM with a GF Score™ of 62/100 and a GF Value™ of ₹169.17 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,028 Manufacturing - Apparel & Accessories companies, Veekayem Fashion & Apparels ranks better than 82.88% on this metric.
The historical rank and industry rank for Veekayem Fashion & Apparels's ROE % or its related term are showing as below:
NSE:VEEKAYEM'
s ROE % Range Over the Past 10 Years
Min: 1.22 Med: 5.8 Max: 15.71
Current: 15.71
During the past 6 years, Veekayem Fashion & Apparels's highest ROE % was 15.71%. The lowest was 1.22%. And the median was 5.80%.
NSE:VEEKAYEM's ROE % is ranked better than 82.88% of 1028
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.515
vs NSE:VEEKAYEM: 15.71
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 one times the annual (Mar. 2025) net income data. The Revenue data used here is one times the annual (Mar. 2025) 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 Textile Manufacturing subindustry, Veekayem Fashion & Apparels'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.
Veekayem Fashion & Apparels ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Veekayem Fashion & Apparels's ROE % distribution charts can be found below:
* The bar in red indicates where Veekayem Fashion & Apparels'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 one times the annual (Mar. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Veekayem Fashion & Apparels (NSE:VEEKAYEM) has a ROE % of 15.71% as of Mar. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Veekayem Fashion & Apparels and its competitors. This is 171% above median its historical median of 5.80. Over the past decade, Veekayem Fashion & Apparels' ROE % has ranged from 1.22 to 15.71. According to the industry distribution chart, Veekayem Fashion & Apparels ranks #176 out of 1028 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 17.1%.
Is Veekayem Fashion & Apparels' ROE % too high?
Veekayem Fashion & Apparels' current ROE % of 15.71% is 171% above median its 10-year median of 5.80. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 15.71. The Manufacturing - Apparel & Accessories industry median ROE % is 4.52. Veekayem Fashion & Apparels' value of 15.71% is 248% above this industry median. Based on the distribution chart, Veekayem Fashion & Apparels ranks #176 out of 1028 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Veekayem Fashion & Apparels has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veekayem Fashion & Apparels' ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Veekayem Fashion & Apparels ranks #176 out of 1028 companies for ROE %. This places Veekayem Fashion & Apparels in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 4.52. Veekayem Fashion & Apparels' value of 15.71% is 248% above this benchmark. Historically, Veekayem Fashion & Apparels' own ROE % has ranged from 1.22 to 15.71 over the past decade. While the company's 10-year median is 5.80 vs. the industry median of 4.52, Veekayem Fashion & Apparels 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 4.52, based on 1,028 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. Veekayem Fashion & Apparels's current ROE % of 15.71% is 248% 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 Veekayem Fashion & Apparels and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veekayem Fashion & Apparels's current ROE % is 15.71%, which is 171% above median its own 10-year median of 5.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veekayem Fashion & Apparels stock overvalued right now?
Based on GuruFocus' analysis, Veekayem Fashion & Apparels (NSE:VEEKAYEM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹169.17, compared to a current price of ₹103.00 — trading 39.1% below its estimated fair value. The current ROE % is 15.71%, which is 171% above median its 10-year median of 5.80 and 248% above the Manufacturing - Apparel & Accessories industry median of 4.52. Veekayem Fashion & Apparels' overall GF Score™ is 62/100 with 5 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 Veekayem Fashion & Apparels (NSE:VEEKAYEM), the current ROE % is 15.71% as of Mar. 2025. 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 Veekayem Fashion & Apparels (NSE:VEEKAYEM) Overvalued in 2026?
Based on GuruFocus' analysis, Veekayem Fashion & Apparels stock appears to be undervalued.
The current stock price of ₹103.00 is trading 39.1% below its estimated GF Value™ of ₹169.17.
GuruFocus considers Veekayem Fashion & Apparels to be Significantly Undervalued.
Key valuation signals for NSE:VEEKAYEM:
ROE %: 15.71% (171% above median its 10-year median of 5.80)
GF Value™: ₹169.17 vs. price of ₹103.00 (39.1% below fair value)
Industry Position: 248% above the Manufacturing - Apparel & Accessories median (#176 of 1028)
No single metric tells the full story. See the NSE:VEEKAYEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veekayem Fashion & Apparels Ltd is engaged in the business of weaving and garment manufacturing. The company deals in products like Shirting fabrics, Suiting Fabrics, Trouser fabrics, jacketing fabrics, format trousers, cotton trousers and other accessories. The extensive product portfolio includes 100% Cotton - Lycra and Non-Lycra, Giza, Supima, Blended Cotton Suiting - Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed, Polyester Viscose, Terry Rayon Suiting and Mock Linen. The Company operates in three segments: Men's wear; Kids Wear and Accessories.
62GF Score
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