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INOX Green Energy ServicesNSE:INOXGREEN +1.86%77 Return-on-Tangible-Asset is 7.75% as of Jun. 2026, which is 6945% above its 10-year median of 0.11. GuruFocus rates NSE:INOXGREEN with a GF Score™ of 77/100 and a GF Value™ of ₹175.65 (Fairly Valued). The stock has 4 warning signs investors should review. Among 456 Utilities - Independent Power Producers companies, INOX Green Energy Services ranks better than 76.1% 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. INOX Green Energy Services's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹1,630 Mil. INOX Green Energy Services's average total tangible assets for the quarter that ended in Jun. 2026 was ₹21,027 Mil. Therefore, INOX Green Energy Services's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 7.75%.
The historical rank and industry rank for INOX Green Energy Services's Return-on-Tangible-Asset or its related term are showing as below:
NSE:INOXGREEN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.65 Med: 0.11 Max: 5.17
Current: 5.17
During the past 7 years, INOX Green Energy Services's highest Return-on-Tangible-Asset was 5.17%. The lowest was -4.65%. And the median was 0.11%.
NSE:INOXGREEN's Return-on-Tangible-Asset is ranked better than 76.1% of 456
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.165
vs NSE:INOXGREEN: 5.17
INOX Green Energy Services (NSE:INOXGREEN) 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.
INOX Green Energy Services Return-on-Tangible-Asset Related Terms
INOX Green Energy Services Return-on-Tangible-Asset Historical Data
* 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.
INOX Green Energy Services Return-on-Tangible-Asset Chart
INOX Green Energy Services Return-on-Tangible-Asset Competitor Comparison
For the Utilities - Renewable subindustry, INOX Green Energy Services'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.
INOX Green Energy Services Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, INOX Green Energy Services's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where INOX Green Energy Services'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 7.75% mean?
INOX Green Energy Services (NSE:INOXGREEN) has a Return-on-Tangible-Asset of 7.75% 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 INOX Green Energy Services and its competitors. This is 6945% above median its historical median of 0.11. According to the industry distribution chart, INOX Green Energy Services ranks #109 out of 456 companies in the Utilities - Independent Power Producers industry, placing it in the top 23.9%.
Is INOX Green Energy Services' Return-on-Tangible-Asset too high?
INOX Green Energy Services' current Return-on-Tangible-Asset of 7.75% is 6945% above median its 10-year median of 0.11. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.17. INOX Green Energy Services' value of 7.75% is 565.2% above this industry median. Based on the distribution chart, INOX Green Energy Services ranks #109 out of 456 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, INOX Green Energy Services has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does INOX Green Energy Services' Return-on-Tangible-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, INOX Green Energy Services ranks #109 out of 456 companies for Return-on-Tangible-Asset. This places INOX Green Energy Services in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.17. INOX Green Energy Services' value of 7.75% is 565.2% above this benchmark. While the company's 10-year median is 0.11 vs. the industry median of 1.17, INOX Green Energy Services 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 1.17, based on 456 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. INOX Green Energy Services's current Return-on-Tangible-Asset of 7.75% is 565.2% 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 INOX Green Energy Services and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INOX Green Energy Services's current Return-on-Tangible-Asset is 7.75%, which is 6945% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INOX Green Energy Services stock overvalued right now?
Based on GuruFocus' analysis, INOX Green Energy Services (NSE:INOXGREEN) is currently considered Fairly Valued. The stock's GF Value™ is ₹175.65, compared to a current price of ₹178.34 — trading 1.5% above its estimated fair value. The current Return-on-Tangible-Asset is 7.75%, which is 6945% above median its 10-year median of 0.11 and 565.2% above the Utilities - Independent Power Producers industry median of 1.17. INOX Green Energy Services' overall GF Score™ is 77/100 with 4 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 INOX Green Energy Services (NSE:INOXGREEN), the current Return-on-Tangible-Asset is 7.75% 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 INOX Green Energy Services (NSE:INOXGREEN) Overvalued in 2026?
Based on GuruFocus' analysis, INOX Green Energy Services stock appears to be overvalued.
The current stock price of ₹178.34 is trading 1.5% above its estimated GF Value™ of ₹175.65.
GuruFocus considers INOX Green Energy Services to be Fairly Valued.
Key valuation signals for NSE:INOXGREEN:
Return-on-Tangible-Asset: 7.75% (6945% above median its 10-year median of 0.11)
GF Value™: ₹175.65 vs. price of ₹178.34 (1.5% above fair value)
Industry Position: 565.2% above the Utilities - Independent Power Producers median (#109 of 456)
No single metric tells the full story. See the NSE:INOXGREEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
INOX Green Energy Services Ltd is a wind power operation and maintenance (O&M) service provider within India. It is engaged in the business of providing long-term O&M services for wind projects, specifically the provision of O&M services for wind turbine generators and common infrastructure facilities. The company generates almost all of its revenue from the sale of services.
77GF Score
Get the complete analysis for NSE:INOXGREEN
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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