Indus GasLSE:INDI -32.00% Return-on-Tangible-Equity is 33.85% as of Sep. 2025, which is 137% above its 10-year median of 14.26. The stock has 6 warning signs investors should review.
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. Indus Gas's annualized net income for the quarter that ended in Sep. 2025 was £1.69 Mil. Indus Gas's average shareholder tangible equity for the quarter that ended in Sep. 2025 was £5.01 Mil. Therefore, Indus Gas's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was 33.85%.
The historical rank and industry rank for Indus Gas's Return-on-Tangible-Equity or its related term are showing as below:
LSE:INDI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -291.56 Med: 14.26 Max: 22.17
Current: -291.56
During the past 13 years, Indus Gas's highest Return-on-Tangible-Equity was 22.17%. The lowest was -291.56%. And the median was 14.26%.
LSE:INDI's Return-on-Tangible-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 6.77
vs LSE:INDI: -291.56
Indus Gas (LSE:INDI) 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.
Indus Gas Return-on-Tangible-Equity Related Terms
Indus Gas Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Indus Gas'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.
LSE:INDI vs COP, EOG, FANG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, Indus Gas'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.
Indus Gas Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Indus Gas's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Indus Gas'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 two times the semi-annual (Sep. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 33.85% mean?
Indus Gas (LSE:INDI) has a Return-on-Tangible-Equity of 33.85% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Indus Gas and its competitors. This is 137% above median its historical median of 14.26.
Is Indus Gas' Return-on-Tangible-Equity too high?
Indus Gas' current Return-on-Tangible-Equity of 33.85% is 137% above median its 10-year median of 14.26. The Oil & Gas industry median Return-on-Tangible-Equity is 6.77. Indus Gas' value of 33.85% is 400% above this industry median.
How does Indus Gas' Return-on-Tangible-Equity compare to COP and EOG?
Indus Gas' Return-on-Tangible-Equity of 33.85% can be compared against companies in the Oil & Gas industry. The industry median Return-on-Tangible-Equity is 6.77. Indus Gas' value of 33.85% is 400% above this benchmark. While the company's 10-year median is 14.26 vs. the industry median of 6.77, Indus Gas 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. Indus Gas's current Return-on-Tangible-Equity of 33.85% is 400% 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 Indus Gas 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. Indus Gas's current Return-on-Tangible-Equity is 33.85%, which is 137% above median its own 10-year median of 14.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Gas stock overvalued right now?
Indus Gas (LSE:INDI) has a current Return-on-Tangible-Equity of 33.85%. The stock's GF Value™ is £0.14, compared to a current price of £0.01 — trading 90.3% below its estimated fair value. The current Return-on-Tangible-Equity is 33.85%, which is 137% above median its 10-year median of 14.26 and 400% above the Oil & Gas industry median of 6.77. 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 Indus Gas (LSE:INDI), the current Return-on-Tangible-Equity is 33.85% as of Sep. 2025. 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.
Indus Gas Ltd is an oil and gas exploration and development company. It predominantly operates in India, focusing on exploration, development, production, distribution, and marketing of hydrocarbons, including natural gas. The company holds a participating interest in Block RJ-ON/6, an onshore petroleum concession in Rajasthan, India, covering a large area in the Indus Basin. Its operations involve partnerships with entities like Oil and Natural Gas Corporation Ltd. (ONGC) and Focus Energy Ltd., with ONGC having back-in rights for participating interests in discovered fields. Indus Gas sells natural gas prominently to GAIL (India) Ltd and continues to evaluate other opportunities in the oil and gas sector.
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