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Adani Green EnergyBOM:541450 -0.74%78 Return-on-Tangible-Equity is 17.02% as of Jun. 2026, which is 72% above its 10-year median of 9.88. GuruFocus rates BOM:541450 with a GF Score™ of 78/100 and a GF Value™ of ₹1,410.41 (Fairly Valued). The stock has 8 warning signs investors should review. Among 434 Utilities - Independent Power Producers companies, Adani Green Energy ranks better than 67.74% 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. Adani Green Energy's annualized net income for the quarter that ended in Jun. 2026 was ₹33,800 Mil. Adani Green Energy's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹198,610 Mil. Therefore, Adani Green Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 17.02%.
The historical rank and industry rank for Adani Green Energy's Return-on-Tangible-Equity or its related term are showing as below:
BOM:541450'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.99 Med: 9.88 Max: 21.03
Current: 10.42
During the past 11 years, Adani Green Energy's highest Return-on-Tangible-Equity was 21.03%. The lowest was -28.99%. And the median was 9.88%.
BOM:541450's Return-on-Tangible-Equity is ranked better than 67.74% of 434
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.41
vs BOM:541450: 10.42
Adani Green Energy (BOM:541450) 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.
Adani Green Energy Return-on-Tangible-Equity Related Terms
Adani Green Energy Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Adani Green Energy'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.
Adani Green Energy Return-on-Tangible-Equity Chart
Adani Green Energy Return-on-Tangible-Equity Competitor Comparison
For the Utilities - Renewable subindustry, Adani Green Energy'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.
Adani Green Energy Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Adani Green Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Adani Green Energy'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 17.02% mean?
Adani Green Energy (BOM:541450) has a Return-on-Tangible-Equity of 17.02% 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 Adani Green Energy and its competitors. This is 72% above median its historical median of 9.88. According to the industry distribution chart, Adani Green Energy ranks #140 out of 434 companies in the Utilities - Independent Power Producers industry, placing it in the top 32.3%.
Is Adani Green Energy's Return-on-Tangible-Equity too high?
Adani Green Energy's current Return-on-Tangible-Equity of 17.02% is 72% above median its 10-year median of 9.88. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.41. Adani Green Energy's value of 17.02% is 285.9% above this industry median. Based on the distribution chart, Adani Green Energy ranks #140 out of 434 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Adani Green Energy has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adani Green Energy's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Adani Green Energy ranks #140 out of 434 companies for Return-on-Tangible-Equity. This puts Adani Green Energy in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.41. Adani Green Energy's value of 17.02% is 285.9% above this benchmark. While the company's 10-year median is 9.88 vs. the industry median of 4.41, Adani 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-Equity for an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.41, based on 434 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. Adani Green Energy's current Return-on-Tangible-Equity of 17.02% is 285.9% 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 Adani Green Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Green Energy's current Return-on-Tangible-Equity is 17.02%, which is 72% above median its own 10-year median of 9.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Green Energy stock overvalued right now?
Based on GuruFocus' analysis, Adani Green Energy (BOM:541450) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,410.41, compared to a current price of ₹1,359.80 — trading 3.6% below its estimated fair value. The current Return-on-Tangible-Equity is 17.02%, which is 72% above median its 10-year median of 9.88 and 285.9% above the Utilities - Independent Power Producers industry median of 4.41. Adani Green Energy's overall GF Score™ is 78/100 with 8 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 Adani Green Energy (BOM:541450), the current Return-on-Tangible-Equity is 17.02% 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 Green Energy (BOM:541450) Overvalued in 2026?
Based on GuruFocus' analysis, Adani Green Energy stock appears to be undervalued.
The current stock price of ₹1,359.80 is trading 3.6% below its estimated GF Value™ of ₹1,410.41.
GuruFocus considers Adani Green Energy to be Fairly Valued.
Key valuation signals for BOM:541450:
Return-on-Tangible-Equity: 17.02% (72% above median its 10-year median of 9.88)
GF Value™: ₹1,410.41 vs. price of ₹1,359.80 (3.6% below fair value)
Industry Position: 285.9% above the Utilities - Independent Power Producers median (#140 of 434)
No single metric tells the full story. See the BOM:541450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adani Green Energy Ltd sells renewable power generated from wind power project under long term Power Purchase Agreement (PPA) and also engaged in sale of solar & wind power equipments, project management consultancy Services and other related ancillary activities. The company has only one reportable segment.
78GF Score
Get the complete analysis for BOM:541450
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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