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Adani Energy SolutionsNSE:ADANIENSOL +2.96%82 Return-on-Tangible-Asset is 5.05% as of Jun. 2026, which is 90% above its 10-year median of 2.66. GuruFocus rates NSE:ADANIENSOL with a GF Score™ of 82/100 and a GF Value™ of ₹1,547.05 (Fairly Valued). The stock has 6 warning signs investors should review. Among 455 Utilities - Independent Power Producers companies, Adani Energy Solutions ranks better than 67.47% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Adani Energy Solutions's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹45,962 Mil. Adani Energy Solutions's average total tangible assets for the quarter that ended in Jun. 2026 was ₹910,911 Mil. Therefore, Adani Energy Solutions's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 5.05%.
The historical rank and industry rank for Adani Energy Solutions's Return-on-Tangible-Asset or its related term are showing as below:
NSE:ADANIENSOL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.64 Med: 2.66 Max: 7.77
Current: 3.58
During the past 12 years, Adani Energy Solutions's highest Return-on-Tangible-Asset was 7.77%. The lowest was 1.64%. And the median was 2.66%.
NSE:ADANIENSOL's Return-on-Tangible-Asset is ranked better than 67.47% of 455
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.16
vs NSE:ADANIENSOL: 3.58
Adani Energy Solutions (NSE:ADANIENSOL) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Adani Energy Solutions Return-on-Tangible-Asset Related Terms
Adani Energy Solutions Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Adani Energy Solutions's Return-on-Tangible-Asset 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.
Adani Energy Solutions Return-on-Tangible-Asset Chart
NSE:ADANIENSOL vs CEG, VST, NRG: Return-on-Tangible-Asset Comparison
For the Utilities - Independent Power Producers subindustry, Adani Energy Solutions's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Adani Energy Solutions Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Adani Energy Solutions's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Adani Energy Solutions's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.05% mean?
Adani Energy Solutions (NSE:ADANIENSOL) has a Return-on-Tangible-Asset of 5.05% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Adani Energy Solutions and its competitors. This is 90% above median its historical median of 2.66. Over the past decade, Adani Energy Solutions' Return-on-Tangible-Asset has ranged from 1.64 to 7.77. According to the industry distribution chart, Adani Energy Solutions ranks #148 out of 455 companies in the Utilities - Independent Power Producers industry, placing it in the top 32.5%.
Is Adani Energy Solutions' Return-on-Tangible-Asset too high?
Adani Energy Solutions' current Return-on-Tangible-Asset of 5.05% is 90% above median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 7.77. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.16. Adani Energy Solutions' value of 5.05% is 335.3% above this industry median. Based on the distribution chart, Adani Energy Solutions ranks #148 out of 455 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Adani Energy Solutions has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adani Energy Solutions' Return-on-Tangible-Asset compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Adani Energy Solutions ranks #148 out of 455 companies for Return-on-Tangible-Asset. This puts Adani Energy Solutions in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.16. Adani Energy Solutions' value of 5.05% is 335.3% above this benchmark. Historically, Adani Energy Solutions' own Return-on-Tangible-Asset has ranged from 1.64 to 7.77 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 1.16, Adani Energy Solutions 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 Return-on-Tangible-Asset for an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.16, based on 455 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adani Energy Solutions's current Return-on-Tangible-Asset of 5.05% is 335.3% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Adani Energy Solutions and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Energy Solutions's current Return-on-Tangible-Asset is 5.05%, which is 90% above median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Energy Solutions stock overvalued right now?
Based on GuruFocus' analysis, Adani Energy Solutions (NSE:ADANIENSOL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,547.05, compared to a current price of ₹1,617.00 — trading 4.5% above its estimated fair value. The current Return-on-Tangible-Asset is 5.05%, which is 90% above median its 10-year median of 2.66 and 335.3% above the Utilities - Independent Power Producers industry median of 1.16. Adani Energy Solutions' overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Adani Energy Solutions (NSE:ADANIENSOL), the current Return-on-Tangible-Asset is 5.05% as of Jun. 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 Adani Energy Solutions (NSE:ADANIENSOL) Overvalued in 2026?
Based on GuruFocus' analysis, Adani Energy Solutions stock appears to be overvalued.
The current stock price of ₹1,617.00 is trading 4.5% above its estimated GF Value™ of ₹1,547.05.
GuruFocus considers Adani Energy Solutions to be Fairly Valued.
Key valuation signals for NSE:ADANIENSOL:
Return-on-Tangible-Asset: 5.05% (90% above median its 10-year median of 2.66)
GF Value™: ₹1,547.05 vs. price of ₹1,617.00 (4.5% above fair value)
Industry Position: 335.3% above the Utilities - Independent Power Producers median (#148 of 455)
No single metric tells the full story. See the NSE:ADANIENSOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adani Energy Solutions Ltd operates in India and deals in the trading of various bullions and other commodities. It has entered into business opportunities through Optical Ground Wire (OPGW) fibres on transmission lines with the ambition of expanding its telecom solutions to Telcos, Internet Service Providers, and long-distance communication operators. The commercialization of the network is carried out through leasing spare capacities to communication players. It also offers utility services related to telecommunications and fibre connectivity, and business operations include the construction and development of transmission infrastructure assets. It operates through the Transmission, Distribution, Smart Meter, Trading, and Others segments, with Distribution generating the maximum revenue.
82GF Score
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