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Citizen SolarBOM:538786 +1.88%54 Return-on-Tangible-Equity is 136.18% as of Mar. 2026, which is 54372% above its 10-year median of 0.25. GuruFocus rates BOM:538786 with a GF Score™ of 54/100 and a GF Value™ of ₹2,943.51 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 985 Semiconductors companies, Citizen Solar ranks better than 97.46% 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. Citizen Solar's annualized net income for the quarter that ended in Mar. 2026 was ₹561 Mil. Citizen Solar's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹412 Mil. Therefore, Citizen Solar's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 136.18%.
The historical rank and industry rank for Citizen Solar's Return-on-Tangible-Equity or its related term are showing as below:
BOM:538786'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.39 Med: 0.25 Max: 251.95
Current: 83.64
During the past 13 years, Citizen Solar's highest Return-on-Tangible-Equity was 251.95%. The lowest was -2.39%. And the median was 0.25%.
BOM:538786's Return-on-Tangible-Equity is ranked better than 97.46% of 985
companies
in the Semiconductors industry
Industry Median: 5.31
vs BOM:538786: 83.64
Citizen Solar (BOM:538786) 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.
Citizen Solar Return-on-Tangible-Equity Related Terms
Citizen Solar Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Citizen 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:538786 vs FSLR, NXT, ENPH: Return-on-Tangible-Equity Comparison
For the Solar subindustry, Citizen 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.
Citizen Solar Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Citizen Solar's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Citizen 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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 136.18% mean?
Citizen Solar (BOM:538786) has a Return-on-Tangible-Equity of 136.18% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Citizen Solar and its competitors. This is 54372% above median its historical median of 0.25. According to the industry distribution chart, Citizen Solar ranks #25 out of 985 companies in the Semiconductors industry, placing it in the top 2.5%.
Is Citizen Solar's Return-on-Tangible-Equity too high?
Citizen Solar's current Return-on-Tangible-Equity of 136.18% is 54372% above median its 10-year median of 0.25. The Semiconductors industry median Return-on-Tangible-Equity is 5.31. Citizen Solar's value of 136.18% is 2464.6% above this industry median. Based on the distribution chart, Citizen Solar ranks #25 out of 985 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Citizen Solar has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Citizen Solar's Return-on-Tangible-Equity compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Citizen Solar ranks #25 out of 985 companies for Return-on-Tangible-Equity. This places Citizen Solar in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.31. Citizen Solar's value of 136.18% is 2464.6% above this benchmark. While the company's 10-year median is 0.25 vs. the industry median of 5.31, Citizen Solar 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-Equity for a Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.31, based on 985 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. Citizen Solar's current Return-on-Tangible-Equity of 136.18% is 2464.6% 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-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 Citizen Solar and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citizen Solar's current Return-on-Tangible-Equity is 136.18%, which is 54372% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citizen Solar stock overvalued right now?
Based on GuruFocus' analysis, Citizen Solar (BOM:538786) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,943.51, compared to a current price of ₹312.25 — trading 89.4% below its estimated fair value. The current Return-on-Tangible-Equity is 136.18%, which is 54372% above median its 10-year median of 0.25 and 2464.6% above the Semiconductors industry median of 5.31. Citizen Solar's overall GF Score™ is 54/100 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 Citizen Solar (BOM:538786), the current Return-on-Tangible-Equity is 136.18% 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.
Is Citizen Solar (BOM:538786) Overvalued in 2026?
Based on GuruFocus' analysis, Citizen Solar stock appears to be undervalued.
The current stock price of ₹312.25 is trading 89.4% below its estimated GF Value™ of ₹2,943.51.
GuruFocus considers Citizen Solar to be Significantly Undervalued.
Key valuation signals for BOM:538786:
Return-on-Tangible-Equity: 136.18% (54372% above median its 10-year median of 0.25)
GF Value™: ₹2,943.51 vs. price of ₹312.25 (89.4% below fair value)
Industry Position: 2464.6% above the Semiconductors median (#25 of 985)
No single metric tells the full story. See the BOM:538786 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Citizen Solar Ltd operates as a solar panel and solar inverter manufacturer in India. It comprises of two main divisions that include Citizen Solar Technology and Solar Inverter Manufacturer. The company serves various industries and businesses spread across multiple verticals such as Textiles, Manufacturing, Exports, etc.
54GF Score
Get the complete analysis for BOM:538786
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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