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Mari EnergiesKAR:MARI +0.14%100 Return-on-Tangible-Equity is 41.20% as of Mar. 2026, which is 11% below its 10-year median of 46.12. GuruFocus rates KAR:MARI with a GF Score™ of 100/100 and a GF Value™ of ₨525.27 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 942 Oil & Gas companies, Mari Energies ranks better than 89.07% 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. Mari Energies's annualized net income for the quarter that ended in Mar. 2026 was ₨84,169 Mil. Mari Energies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₨204,315 Mil. Therefore, Mari Energies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 41.20%.
The historical rank and industry rank for Mari Energies's Return-on-Tangible-Equity or its related term are showing as below:
KAR:MARI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 31.14 Med: 46.12 Max: 66.22
Current: 33.94
During the past 13 years, Mari Energies's highest Return-on-Tangible-Equity was 66.22%. The lowest was 31.14%. And the median was 46.12%.
KAR:MARI's Return-on-Tangible-Equity is ranked better than 89.07% of 942
companies
in the Oil & Gas industry
Industry Median: 6.77
vs KAR:MARI: 33.94
Mari Energies (KAR:MARI) 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.
Mari Energies Return-on-Tangible-Equity Related Terms
Mari Energies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mari Energies'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.
KAR:MARI vs COP, EOG, FANG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, Mari Energies'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.
Mari Energies Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Mari Energies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mari Energies'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 41.20% mean?
Mari Energies (KAR:MARI) has a Return-on-Tangible-Equity of 41.20% 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 Mari Energies and its competitors. This is 11% below median its historical median of 46.12. Over the past decade, Mari Energies' Return-on-Tangible-Equity has ranged from 31.14 to 66.22. According to the industry distribution chart, Mari Energies ranks #103 out of 942 companies in the Oil & Gas industry, placing it in the top 10.9%.
Is Mari Energies' Return-on-Tangible-Equity too high?
Mari Energies' current Return-on-Tangible-Equity of 41.20% is 11% below median its 10-year median of 46.12. Over the past 10 years, this metric has ranged from a low of 31.14 to a high of 66.22. The Oil & Gas industry median Return-on-Tangible-Equity is 6.77. Mari Energies' value of 41.20% is 508.6% above this industry median. Based on the distribution chart, Mari Energies ranks #103 out of 942 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Mari Energies has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mari Energies' Return-on-Tangible-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Mari Energies ranks #103 out of 942 companies for Return-on-Tangible-Equity. This places Mari Energies in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.77. Mari Energies' value of 41.20% is 508.6% above this benchmark. Historically, Mari Energies' own Return-on-Tangible-Equity has ranged from 31.14 to 66.22 over the past decade. While the company's 10-year median is 46.12 vs. the industry median of 6.77, Mari Energies 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 Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.77, based on 942 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. Mari Energies's current Return-on-Tangible-Equity of 41.20% is 508.6% 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 Mari Energies and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mari Energies's current Return-on-Tangible-Equity is 41.20%, which is 11% below median its own 10-year median of 46.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mari Energies stock overvalued right now?
Based on GuruFocus' analysis, Mari Energies (KAR:MARI) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨525.27, compared to a current price of ₨654.84 — trading 24.7% above its estimated fair value. The current Return-on-Tangible-Equity is 41.20%, which is 11% below median its 10-year median of 46.12 and 508.6% above the Oil & Gas industry median of 6.77. Mari Energies' overall GF Score™ is 100/100 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 Mari Energies (KAR:MARI), the current Return-on-Tangible-Equity is 41.20% 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 Mari Energies (KAR:MARI) Overvalued in 2026?
Based on GuruFocus' analysis, Mari Energies stock appears to be overvalued.
The current stock price of ₨654.84 is trading 24.7% above its estimated GF Value™ of ₨525.27.
GuruFocus considers Mari Energies to be Modestly Overvalued.
Key valuation signals for KAR:MARI:
Return-on-Tangible-Equity: 41.20% (11% below median its 10-year median of 46.12)
GF Value™: ₨525.27 vs. price of ₨654.84 (24.7% above fair value)
Industry Position: 508.6% above the Oil & Gas median (#103 of 942)
No single metric tells the full story. See the KAR:MARI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mari Energies Ltd, through its Holding Company, is principally engaged in exploration, production, and sale of hydrocarbons. Additionally, the Group, through its subsidiaries, is principally engaged in mineral mining activities and the establishment and running of data centers, cloud computing, artificial intelligence, and other new technologies.
100GF Score
Get the complete analysis for KAR:MARI
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