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Surana SolarBOM:533298 -3.28%49 Return-on-Tangible-Equity is 0.00% as of Jun. 2026. GuruFocus rates BOM:533298 with a GF Score™ of 49/100 and a GF Value™ of ₹11.31 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 986 Semiconductors companies, Surana Solar ranks better than 66.13% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Surana Solar's annualized net income for the quarter that ended in Jun. 2026 was ₹217.6 Mil. Surana Solar's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹0.0 Mil. Therefore, Surana Solar's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was N/A%.
The historical rank and industry rank for Surana Solar's Return-on-Tangible-Equity or its related term are showing as below:
BOM:533298'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.22 Med: 1.59 Max: 10.96
Current: 10.96
During the past 13 years, Surana Solar's highest Return-on-Tangible-Equity was 10.96%. The lowest was -2.22%. And the median was 1.59%.
BOM:533298's Return-on-Tangible-Equity is ranked better than 66.13% of 986
companies
in the Semiconductors industry
Industry Median: 5.62
vs BOM:533298: 10.96
Surana Solar (BOM:533298) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.
Surana Solar Return-on-Tangible-Equity Related Terms
Surana Solar Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Surana Solar's Return-on-Tangible-Equity 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.
BOM:533298 vs FSLR, NXT, ENPH: Return-on-Tangible-Equity Comparison
For the Solar subindustry, Surana Solar's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Surana Solar Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Surana Solar's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Surana Solar's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
Surana Solar (BOM:533298) has a Return-on-Tangible-Equity of 0.00% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Surana Solar and its competitors. According to the industry distribution chart, Surana Solar ranks #334 out of 986 companies in the Semiconductors industry, placing it in the top 33.9%.
Is Surana Solar's Return-on-Tangible-Equity too high?
Surana Solar's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Surana Solar ranks #334 out of 986 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Surana Solar has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surana Solar's Return-on-Tangible-Equity compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Surana Solar ranks #334 out of 986 companies for Return-on-Tangible-Equity. This puts Surana Solar in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.62. 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-Equity for a Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.62, based on 986 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Surana Solar and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surana Solar's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surana Solar stock overvalued right now?
Based on GuruFocus' analysis, Surana Solar (BOM:533298) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹11.31, compared to a current price of ₹26.81 — trading 137% above its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Surana Solar's overall GF Score™ is 49/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Surana Solar (BOM:533298), the current Return-on-Tangible-Equity is 0.00% 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 Surana Solar (BOM:533298) Overvalued in 2026?
Based on GuruFocus' analysis, Surana Solar stock appears to be overvalued.
The current stock price of ₹26.81 is trading 137% above its estimated GF Value™ of ₹11.31.
GuruFocus considers Surana Solar to be Significantly Overvalued.
Key valuation signals for BOM:533298:
Return-on-Tangible-Equity: 0.00%
GF Value™: ₹11.31 vs. price of ₹26.81 (137% above fair value)
No single metric tells the full story. See the BOM:533298 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Surana Solar Ltd is engaged in the business of manufacturing solar panels/photovoltaic (PV) cells. The company is also engaged in the generation of wind power energy and the trading of other solar-related products. It operates through the following reportable segments: Solar Products, Trading and others, and Renewable Energy (Solar). The majority of the company's revenue is derived from the Solar and Traded products business, which involves the manufacturing and trading of Solar Photovoltaic (SPV) Modules and other related products. The Renewable Energy segment represents revenue derived from the generation of solar and wind power.
49GF Score
Get the complete analysis for BOM:533298
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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