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Saatvik Green EnergyNSE:SAATVIKGL +2.03%17 Return-on-Tangible-Asset is 7.78% as of Mar. 2026, which is 48% below its 10-year median of 15.04. GuruFocus rates NSE:SAATVIKGL with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 1,030 Semiconductors companies, Saatvik Green Energy ranks better than 78.25% 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. Saatvik Green Energy's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹2,424 Mil. Saatvik Green Energy's average total tangible assets for the quarter that ended in Mar. 2026 was ₹31,145 Mil. Therefore, Saatvik Green Energy's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.78%.
The historical rank and industry rank for Saatvik Green Energy's Return-on-Tangible-Asset or its related term are showing as below:
NSE:SAATVIKGL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.98 Med: 15.04 Max: 21.12
Current: 9.64
During the past 5 years, Saatvik Green Energy's highest Return-on-Tangible-Asset was 21.12%. The lowest was 1.98%. And the median was 15.04%.
NSE:SAATVIKGL's Return-on-Tangible-Asset is ranked better than 78.25% of 1030
companies
in the Semiconductors industry
Industry Median: 2.865
vs NSE:SAATVIKGL: 9.64
Saatvik Green Energy (NSE:SAATVIKGL) 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.
Saatvik Green Energy Return-on-Tangible-Asset Related Terms
Saatvik Green Energy Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Saatvik Green Energy'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.
Saatvik Green Energy Return-on-Tangible-Asset Chart
NSE:SAATVIKGL vs FSLR, NXT, ENPH: Return-on-Tangible-Asset Comparison
For the Solar subindustry, Saatvik Green Energy'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.
Saatvik Green Energy Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Saatvik Green Energy's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Saatvik Green Energy'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.78% mean?
Saatvik Green Energy (NSE:SAATVIKGL) has a Return-on-Tangible-Asset of 7.78% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Saatvik Green Energy and its competitors. This is 48% below median its historical median of 15.04. Over the past decade, Saatvik Green Energy's Return-on-Tangible-Asset has ranged from 1.98 to 21.12. According to the industry distribution chart, Saatvik Green Energy ranks #224 out of 1030 companies in the Semiconductors industry, placing it in the top 21.7%.
Is Saatvik Green Energy's Return-on-Tangible-Asset too high?
Saatvik Green Energy's current Return-on-Tangible-Asset of 7.78% is 48% below median its 10-year median of 15.04. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 21.12. The Semiconductors industry median Return-on-Tangible-Asset is 2.87. Saatvik Green Energy's value of 7.78% is 171.6% above this industry median. Based on the distribution chart, Saatvik Green Energy ranks #224 out of 1030 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Saatvik Green Energy has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Saatvik Green Energy's Return-on-Tangible-Asset compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Saatvik Green Energy ranks #224 out of 1030 companies for Return-on-Tangible-Asset. This places Saatvik Green Energy in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.87. Saatvik Green Energy's value of 7.78% is 171.6% above this benchmark. Historically, Saatvik Green Energy's own Return-on-Tangible-Asset has ranged from 1.98 to 21.12 over the past decade. While the company's 10-year median is 15.04 vs. the industry median of 2.87, Saatvik Green Energy 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 a Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.87, based on 1,030 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. Saatvik Green Energy's current Return-on-Tangible-Asset of 7.78% is 171.6% 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 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 Saatvik Green Energy and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saatvik Green Energy's current Return-on-Tangible-Asset is 7.78%, which is 48% below median its own 10-year median of 15.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saatvik Green Energy stock overvalued right now?
Saatvik Green Energy (NSE:SAATVIKGL) has a current Return-on-Tangible-Asset of 7.78%. The current Return-on-Tangible-Asset is 7.78%, which is 48% below median its 10-year median of 15.04 and 171.6% above the Semiconductors industry median of 2.87. Saatvik Green Energy's overall GF Score™ is 17/100 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 Saatvik Green Energy (NSE:SAATVIKGL), the current Return-on-Tangible-Asset is 7.78% 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.
Saatvik Green Energy Ltd is engaged in module manufacturing as well as engineering, procurement and construction (EPC) and operations and maintenance (O&M) services. The company offers a comprehensive portfolio of solar module products that are currently manufactured using technologies that help reduce energy loss and enhance overall efficiency. Its solar energy products include: (i) monocrystalline passive emitter and rear cell modules; and (ii) N-TopCon solar modules, both types are offered in mono-facial and bifacial options, suitable for various applications, including residential, commercial and utility scale solar projects. It manufactures its products through the use of M10 technology for its Mono PERC modules and M10, G12, M10R and G12R technologies for its N-TopCon modules.
17GF Score
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