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ACME Solar HoldingsNSE:ACMESOLAR -2.22%12 Return-on-Tangible-Equity is 11.01% as of Mar. 2026, which is 55% above its 10-year median of 7.10. GuruFocus rates NSE:ACMESOLAR with a GF Score™ of 12/100. The stock has 10 warning signs investors should review. Among 427 Utilities - Independent Power Producers companies, ACME Solar Holdings ranks better 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. ACME Solar Holdings's annualized net income for the quarter that ended in Mar. 2026 was ₹5,573 Mil. ACME Solar Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹50,615 Mil. Therefore, ACME Solar Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.01%.
The historical rank and industry rank for ACME Solar Holdings's Return-on-Tangible-Equity or its related term are showing as below:
NSE:ACMESOLAR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.16 Med: 7.1 Max: 31.07
Current: 10.43
During the past 5 years, ACME Solar Holdings's highest Return-on-Tangible-Equity was 31.07%. The lowest was -0.16%. And the median was 7.10%.
NSE:ACMESOLAR's Return-on-Tangible-Equity is ranked better than 67.68% of 427
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.68
vs NSE:ACMESOLAR: 10.43
ACME Solar Holdings (NSE:ACMESOLAR) 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.
ACME Solar Holdings Return-on-Tangible-Equity Related Terms
ACME Solar Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ACME Solar Holdings'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.
ACME Solar Holdings Return-on-Tangible-Equity Chart
ACME Solar Holdings Return-on-Tangible-Equity Competitor Comparison
For the Utilities - Renewable subindustry, ACME Solar Holdings'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.
ACME Solar Holdings Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, ACME Solar Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ACME Solar Holdings'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 11.01% mean?
ACME Solar Holdings (NSE:ACMESOLAR) has a Return-on-Tangible-Equity of 11.01% 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 ACME Solar Holdings and its competitors. This is 55% above median its historical median of 7.10. According to the industry distribution chart, ACME Solar Holdings ranks #138 out of 427 companies in the Utilities - Independent Power Producers industry, placing it in the top 32.3%.
Is ACME Solar Holdings' Return-on-Tangible-Equity too high?
ACME Solar Holdings' current Return-on-Tangible-Equity of 11.01% is 55% above median its 10-year median of 7.10. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.68. ACME Solar Holdings' value of 11.01% is 135.3% above this industry median. Based on the distribution chart, ACME Solar Holdings ranks #138 out of 427 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, ACME Solar Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does ACME Solar Holdings' Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, ACME Solar Holdings ranks #138 out of 427 companies for Return-on-Tangible-Equity. This puts ACME Solar Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.68. ACME Solar Holdings' value of 11.01% is 135.3% above this benchmark. While the company's 10-year median is 7.10 vs. the industry median of 4.68, ACME Solar Holdings 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 4.68, 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. ACME Solar Holdings's current Return-on-Tangible-Equity of 11.01% is 135.3% 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 ACME Solar Holdings 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. ACME Solar Holdings's current Return-on-Tangible-Equity is 11.01%, which is 55% above median its own 10-year median of 7.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACME Solar Holdings stock overvalued right now?
ACME Solar Holdings (NSE:ACMESOLAR) has a current Return-on-Tangible-Equity of 11.01%. The current Return-on-Tangible-Equity is 11.01%, which is 55% above median its 10-year median of 7.10 and 135.3% above the Utilities - Independent Power Producers industry median of 4.68. ACME Solar Holdings' overall GF Score™ is 12/100 with 10 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 ACME Solar Holdings (NSE:ACMESOLAR), the current Return-on-Tangible-Equity is 11.01% 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.
ACME Solar Holdings Ltd., a renewable energy company in India, has a portfolio of solar, wind, hybrid, and firm and dispatchable renewable energy (FDRE) projects. It is a renewable energy independent power producer (IPP) in India. The company develops, builds, owns, operates, and maintains utility-scale renewable energy projects (through an in-house engineering, procurement, and construction (EPC) division and operation and maintenance. Its segment includes the business of engineering, procurement, and construction of solar plants and related activities.
12GF Score
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