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ACCNSE:ACC +0.32%89 Return-on-Tangible-Equity is 4.77% as of Mar. 2026, which is 61% below its 10-year median of 12.16. GuruFocus rates NSE:ACC with a GF Score™ of 89/100 and a GF Value™ of ₹2,677.81 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 397 Building Materials companies, ACC ranks better than 71.79% 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. ACC's annualized net income for the quarter that ended in Mar. 2026 was ₹9,530 Mil. ACC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹199,884 Mil. Therefore, ACC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.77%.
The historical rank and industry rank for ACC's Return-on-Tangible-Equity or its related term are showing as below:
NSE:ACC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.62 Med: 12.16 Max: 15.82
Current: 11.21
During the past 13 years, ACC's highest Return-on-Tangible-Equity was 15.82%. The lowest was 4.62%. And the median was 12.16%.
NSE:ACC's Return-on-Tangible-Equity is ranked better than 71.79% of 397
companies
in the Building Materials industry
Industry Median: 5.06
vs NSE:ACC: 11.21
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.
ACC Return-on-Tangible-Equity Related Terms
ACC Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ACC'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.
NSE:ACC vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison
For the Building Materials subindustry, ACC'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.
ACC Return-on-Tangible-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, ACC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ACC'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 4.77% mean?
ACC (NSE:ACC) has a Return-on-Tangible-Equity of 4.77% 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 ACC and its competitors. This is 61% below median its historical median of 12.16. Over the past decade, ACC's Return-on-Tangible-Equity has ranged from 4.62 to 15.82. According to the industry distribution chart, ACC ranks #112 out of 397 companies in the Building Materials industry, placing it in the top 28.2%.
Is ACC's Return-on-Tangible-Equity too high?
ACC's current Return-on-Tangible-Equity of 4.77% is 61% below median its 10-year median of 12.16. Over the past 10 years, this metric has ranged from a low of 4.62 to a high of 15.82. The Building Materials industry median Return-on-Tangible-Equity is 5.06. ACC's value of 4.77% is 5.7% below this industry median. Based on the distribution chart, ACC ranks #112 out of 397 companies in the Building Materials industry, which is above the industry midpoint. Overall, ACC has a GF Score™ of 89/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ACC's Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, ACC ranks #112 out of 397 companies for Return-on-Tangible-Equity. This puts ACC in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.06. ACC's value of 4.77% is 5.7% below this benchmark. Historically, ACC's own Return-on-Tangible-Equity has ranged from 4.62 to 15.82 over the past decade. While the company's 10-year median is 12.16 vs. the industry median of 5.06, ACC 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 a Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.06, based on 397 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. ACC's current Return-on-Tangible-Equity of 4.77% is 5.7% 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 ACC and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACC's current Return-on-Tangible-Equity is 4.77%, which is 61% below median its own 10-year median of 12.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACC stock overvalued right now?
Based on GuruFocus' analysis, ACC (NSE:ACC) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,677.81, compared to a current price of ₹1,377.70 — trading 48.6% below its estimated fair value. The current Return-on-Tangible-Equity is 4.77%, which is 61% below median its 10-year median of 12.16 and 5.7% below the Building Materials industry median of 5.06. ACC's overall GF Score™ is 89/100 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 ACC (NSE:ACC), the current Return-on-Tangible-Equity is 4.77% 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 ACC (NSE:ACC) Overvalued in 2026?
Based on GuruFocus' analysis, ACC stock appears to be undervalued.
The current stock price of ₹1,377.70 is trading 48.6% below its estimated GF Value™ of ₹2,677.81.
GuruFocus considers ACC to be Possible Value Trap.
Key valuation signals for NSE:ACC:
Return-on-Tangible-Equity: 4.77% (61% below median its 10-year median of 12.16)
GF Value™: ₹2,677.81 vs. price of ₹1,377.70 (48.6% below fair value)
Industry Position: 5.7% below the Building Materials median (#112 of 397)
No single metric tells the full story. See the NSE:ACC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ACC Ltd is to manufacture and market cement, ready mix concrete, and cement-related products. Its products include Cement, ready-to-mix concrete, solutions, and products, Solutions and Green Building Centre, and others. Its segments are Cement and ancillary services generate maximum revenue - Cement is a product obtained from clinker resulting from mixing raw materials such as limestone, clay, iron ore, fly ash, bauxite, etc., in determined ratios. Clinker is then mixed with a setting regulator (generally gypsum), ground together, and used in construction activities. Ready Mix Concrete is concrete manufactured in a batch plant, according to a set engineered mix design, and used in construction activities.
89GF Score
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