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Envirotech SystemsNSE:ENVIRO 48 Return-on-Tangible-Equity is 17.56% as of Mar. 2026, which is 45% below its 10-year median of 31.89. GuruFocus rates NSE:ENVIRO with a GF Score™ of 48/100. The stock has 6 warning signs investors should review. Among 2,972 Industrial Products companies, Envirotech Systems ranks better than 58.75% 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. Envirotech Systems's annualized net income for the quarter that ended in Mar. 2026 was ₹122.6 Mil. Envirotech Systems's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹698.1 Mil. Therefore, Envirotech Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.56%.
The historical rank and industry rank for Envirotech Systems's Return-on-Tangible-Equity or its related term are showing as below:
NSE:ENVIRO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.78 Med: 31.89 Max: 87.16
Current: 8.78
During the past 6 years, Envirotech Systems's highest Return-on-Tangible-Equity was 87.16%. The lowest was 8.78%. And the median was 31.89%.
NSE:ENVIRO's Return-on-Tangible-Equity is ranked better than 58.75% of 2972
companies
in the Industrial Products industry
Industry Median: 6.775
vs NSE:ENVIRO: 8.78
Envirotech Systems (NSE:ENVIRO) 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.
Envirotech Systems Return-on-Tangible-Equity Related Terms
Envirotech Systems Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Envirotech Systems'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.
Envirotech Systems Return-on-Tangible-Equity Chart
NSE:ENVIRO vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Envirotech Systems'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.
Envirotech Systems Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Envirotech Systems's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Envirotech Systems'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 (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 17.56% mean?
Envirotech Systems (NSE:ENVIRO) has a Return-on-Tangible-Equity of 17.56% 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 Envirotech Systems and its competitors. This is 45% below median its historical median of 31.89. Over the past decade, Envirotech Systems' Return-on-Tangible-Equity has ranged from 8.78 to 87.16. According to the industry distribution chart, Envirotech Systems ranks #1226 out of 2972 companies in the Industrial Products industry, placing it in the top 41.3%.
Is Envirotech Systems' Return-on-Tangible-Equity too high?
Envirotech Systems' current Return-on-Tangible-Equity of 17.56% is 45% below median its 10-year median of 31.89. Over the past 10 years, this metric has ranged from a low of 8.78 to a high of 87.16. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Envirotech Systems' value of 17.56% is 159.2% above this industry median. Based on the distribution chart, Envirotech Systems ranks #1226 out of 2972 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Envirotech Systems has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Envirotech Systems' Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Envirotech Systems ranks #1226 out of 2972 companies for Return-on-Tangible-Equity. This puts Envirotech Systems in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Envirotech Systems' value of 17.56% is 159.2% above this benchmark. Historically, Envirotech Systems' own Return-on-Tangible-Equity has ranged from 8.78 to 87.16 over the past decade. While the company's 10-year median is 31.89 vs. the industry median of 6.78, Envirotech Systems 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 Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.78, based on 2,972 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. Envirotech Systems's current Return-on-Tangible-Equity of 17.56% is 159.2% 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 Envirotech Systems and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Envirotech Systems's current Return-on-Tangible-Equity is 17.56%, which is 45% below median its own 10-year median of 31.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Envirotech Systems stock overvalued right now?
Envirotech Systems (NSE:ENVIRO) has a current Return-on-Tangible-Equity of 17.56%. The current Return-on-Tangible-Equity is 17.56%, which is 45% below median its 10-year median of 31.89 and 159.2% above the Industrial Products industry median of 6.78. Envirotech Systems' overall GF Score™ is 48/100 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 Envirotech Systems (NSE:ENVIRO), the current Return-on-Tangible-Equity is 17.56% 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.
Envirotech Systems Ltd is a acoustic products manufacturing organization specializing in noise measurement and control for industrial and commercial applications. The Company operates mainly in the business segment of manufacturing of Acoustic Enclosures, Acoustic Wooden Partion and Acoustic Chambers. It includes projects in industries such as Oil & Gas, Manufacturing, Power Generation, Cement & Steel, Automobile, and Construction.
48GF Score
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