Cemindia ProjectsNSE:CEMPRO +0.82%83 Return-on-Tangible-Equity is 40.37% as of Mar. 2026, which is 299% above its 10-year median of 10.12. GuruFocus rates NSE:CEMPRO with a GF Score™ of 83/100 and a GF Value™ of ₹652.39 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,709 Construction companies, Cemindia Projects ranks better than 83.27% 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. Cemindia Projects's annualized net income for the quarter that ended in Mar. 2026 was ₹9,687 Mil. Cemindia Projects's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹23,996 Mil. Therefore, Cemindia Projects's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 40.37%.
The historical rank and industry rank for Cemindia Projects's Return-on-Tangible-Equity or its related term are showing as below:
NSE:CEMPRO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.08 Med: 10.12 Max: 28.57
Current: 28.57
During the past 13 years, Cemindia Projects's highest Return-on-Tangible-Equity was 28.57%. The lowest was -11.08%. And the median was 10.12%.
NSE:CEMPRO's Return-on-Tangible-Equity is ranked better than 83.27% of 1709
companies
in the Construction industry
Industry Median: 8.21
vs NSE:CEMPRO: 28.57
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.
Cemindia Projects Return-on-Tangible-Equity Related Terms
Cemindia Projects Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Cemindia Projects'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:CEMPRO vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Cemindia Projects'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.
Cemindia Projects Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Cemindia Projects's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Cemindia Projects'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 40.37% mean?
Cemindia Projects (NSE:CEMPRO) has a Return-on-Tangible-Equity of 40.37% 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 Cemindia Projects and its competitors. This is 299% above median its historical median of 10.12. According to the industry distribution chart, Cemindia Projects ranks #286 out of 1709 companies in the Construction industry, placing it in the top 16.7%.
Is Cemindia Projects' Return-on-Tangible-Equity too high?
Cemindia Projects' current Return-on-Tangible-Equity of 40.37% is 299% above median its 10-year median of 10.12. The Construction industry median Return-on-Tangible-Equity is 8.21. Cemindia Projects' value of 40.37% is 391.7% above this industry median. Based on the distribution chart, Cemindia Projects ranks #286 out of 1709 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Cemindia Projects has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cemindia Projects' Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Cemindia Projects ranks #286 out of 1709 companies for Return-on-Tangible-Equity. This places Cemindia Projects in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.21. Cemindia Projects' value of 40.37% is 391.7% above this benchmark. While the company's 10-year median is 10.12 vs. the industry median of 8.21, Cemindia Projects 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 a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,709 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. Cemindia Projects's current Return-on-Tangible-Equity of 40.37% is 391.7% 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 Cemindia Projects and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cemindia Projects's current Return-on-Tangible-Equity is 40.37%, which is 299% above median its own 10-year median of 10.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cemindia Projects stock overvalued right now?
Based on GuruFocus' analysis, Cemindia Projects (NSE:CEMPRO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹652.39, compared to a current price of ₹1,566.80 — trading 140.2% above its estimated fair value. The current Return-on-Tangible-Equity is 40.37%, which is 299% above median its 10-year median of 10.12 and 391.7% above the Construction industry median of 8.21. Cemindia Projects' overall GF Score™ is 83/100 with 7 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 Cemindia Projects (NSE:CEMPRO), the current Return-on-Tangible-Equity is 40.37% 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 Cemindia Projects (NSE:CEMPRO) Overvalued in 2026?
Based on GuruFocus' analysis, Cemindia Projects stock appears to be overvalued.
The current stock price of ₹1,566.80 is trading 140.2% above its estimated GF Value™ of ₹652.39.
GuruFocus considers Cemindia Projects to be Significantly Overvalued.
Key valuation signals for NSE:CEMPRO:
Return-on-Tangible-Equity: 40.37% (299% above median its 10-year median of 10.12)
GF Value™: ₹652.39 vs. price of ₹1,566.80 (140.2% above fair value)
Industry Position: 391.7% above the Construction median (#286 of 1709)
No single metric tells the full story. See the NSE:CEMPRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cemindia Projects Ltd engaged in Engineering, Procurement and Construction of a wide variety of structures like maritime structures, Mass Rapid Transport Systems (MRTS), dams & tunnels, airports, highways, bridges & flyovers and other foundations and specialised engineering work. The company's business activities are Maritime Structures; Urban Infrastructure, MRTS and Airports; Industrial Structures and Buildings; Highways, Bridges and Flyovers; Data Centre; Hydro, Dams, Tunnels & Irrigation; Foundation & Specialist Engineering; Water and Wastewater. The company has one segment of Engineering and Construction. The company has presence in India and Outside India. The company generates majority of revenue from India.
83GF Score
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