Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Saif PowerKAR:SPWL -2.26%71 Return-on-Tangible-Equity is 2.21% as of Mar. 2026, which is 85% below its 10-year median of 14.77. GuruFocus rates KAR:SPWL with a GF Score™ of 71/100 and a GF Value™ of ₨8.70 (Fairly Valued). The stock has 6 warning signs investors should review. Among 427 Utilities - Independent Power Producers companies, Saif Power ranks worse than 67.68% 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. Saif Power's annualized net income for the quarter that ended in Mar. 2026 was ₨231 Mil. Saif Power's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₨10,440 Mil. Therefore, Saif Power's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.21%.
The historical rank and industry rank for Saif Power's Return-on-Tangible-Equity or its related term are showing as below:
KAR:SPWL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.33 Med: 14.77 Max: 27.18
Current: -0.16
During the past 13 years, Saif Power's highest Return-on-Tangible-Equity was 27.18%. The lowest was -2.33%. And the median was 14.77%.
KAR:SPWL's Return-on-Tangible-Equity is ranked worse than 67.68% of 427
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.68
vs KAR:SPWL: -0.16
Saif Power (KAR:SPWL) 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.
Saif Power Return-on-Tangible-Equity Related Terms
Saif Power Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Saif Power'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:SPWL vs CEG, VST, NRG: Return-on-Tangible-Equity Comparison
For the Utilities - Independent Power Producers subindustry, Saif Power'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.
Saif Power Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Saif Power's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Saif Power'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 2.21% mean?
Saif Power (KAR:SPWL) has a Return-on-Tangible-Equity of 2.21% 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 Saif Power and its competitors. This is 85% below median its historical median of 14.77. According to the industry distribution chart, Saif Power ranks #289 out of 427 companies in the Utilities - Independent Power Producers industry, placing it in the top 67.7%.
Is Saif Power's Return-on-Tangible-Equity too high?
Saif Power's current Return-on-Tangible-Equity of 2.21% is 85% below median its 10-year median of 14.77. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.68. Saif Power's value of 2.21% is 52.8% below this industry median. Based on the distribution chart, Saif Power ranks #289 out of 427 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Saif Power has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saif Power's Return-on-Tangible-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Saif Power ranks #289 out of 427 companies for Return-on-Tangible-Equity. This places Saif Power in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.68. Saif Power's value of 2.21% is 52.8% below this benchmark. While the company's 10-year median is 14.77 vs. the industry median of 4.68, Saif Power has consistently been below 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 4.68, based on 427 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. Saif Power's current Return-on-Tangible-Equity of 2.21% is 52.8% below 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 Saif Power and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saif Power's current Return-on-Tangible-Equity is 2.21%, which is 85% below median its own 10-year median of 14.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saif Power stock overvalued right now?
Based on GuruFocus' analysis, Saif Power (KAR:SPWL) is currently considered Fairly Valued. The stock's GF Value™ is ₨8.70, compared to a current price of ₨9.51 — trading 9.3% above its estimated fair value. The current Return-on-Tangible-Equity is 2.21%, which is 85% below median its 10-year median of 14.77 and 52.8% below the Utilities - Independent Power Producers industry median of 4.68. Saif Power's overall GF Score™ is 71/100 with 6 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 Saif Power (KAR:SPWL), the current Return-on-Tangible-Equity is 2.21% 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 Saif Power (KAR:SPWL) Overvalued in 2026?
Based on GuruFocus' analysis, Saif Power stock appears to be overvalued.
The current stock price of ₨9.51 is trading 9.3% above its estimated GF Value™ of ₨8.70.
GuruFocus considers Saif Power to be Fairly Valued.
Key valuation signals for KAR:SPWL:
Return-on-Tangible-Equity: 2.21% (85% below median its 10-year median of 14.77)
GF Value™: ₨8.70 vs. price of ₨9.51 (9.3% above fair value)
Industry Position: 52.8% below the Utilities - Independent Power Producers median (#289 of 427)
No single metric tells the full story. See the KAR:SPWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saif Power Ltd is an independent power producer based in Pakistan. Its principal activities are to own, operate and maintain a combined cycle power plant and sell the electricity to Central Power Purchasing Agency Guarantee (CPPA-G).
71GF Score
Get the complete analysis for KAR:SPWL
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KAR:SPWL has been successfully added to your 
