Goldstar Power (NSE:GOLDSTAR) Return-on-Tangible-Equity: 7.77% (As of Mar. 2025) — 74% Above Median


NSE:GOLDSTAR Goldstar Power Ltd NSE:GOLDSTAR
80 GF Score
Price ₹7.50
GF Value ₹10.88
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Goldstar Power Return-on-Tangible-Equity?

Goldstar Power NSE:GOLDSTAR -3.85% 80 Return-on-Tangible-Equity is 7.77% as of Mar. 2025, which is 74% above its 10-year median of 4.47. GuruFocus rates NSE:GOLDSTAR with a GF Score™ of 80/100 and a GF Value™ of ₹10.88 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,969 Industrial Products companies, Goldstar Power ranks better than 54.46% 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. Goldstar Power's annualized net income for the quarter that ended in Mar. 2025 was ₹22.8 Mil. Goldstar Power's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹293.3 Mil. Therefore, Goldstar Power's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 7.77%.

The historical rank and industry rank for Goldstar Power's Return-on-Tangible-Equity or its related term are showing as below:

NSE:GOLDSTAR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.62   Med: 4.47   Max: 16.76
Current: 7.77

During the past 13 years, Goldstar Power's highest Return-on-Tangible-Equity was 16.76%. The lowest was -3.62%. And the median was 4.47%.

NSE:GOLDSTAR's Return-on-Tangible-Equity is ranked better than
54.46% of 2969 companies
in the Industrial Products industry
Industry Median: 6.72 vs NSE:GOLDSTAR: 7.77

Goldstar Power  (NSE:GOLDSTAR) 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.


Goldstar Power Return-on-Tangible-Equity Related Terms


Goldstar Power Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Goldstar Power'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.

Goldstar Power Return-on-Tangible-Equity Chart

Goldstar Power Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 3.53 16.76 15.48 7.77

Goldstar Power Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 3.53 16.76 15.48 7.77

NSE:GOLDSTAR vs VRT, BE: Return-on-Tangible-Equity Comparison

For the Electrical Equipment & Parts subindustry, Goldstar Power'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.


Goldstar Power Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goldstar Power's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Goldstar Power's Return-on-Tangible-Equity falls into.


NSE:GOLDSTAR
80GF Score
Goldstar Power Ltd NSE:GOLDSTAR
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goldstar Power Return-on-Tangible-Equity Calculation

Goldstar Power's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=22.8/( (281.917+304.717 )/ 2 )
=22.8/293.317
=7.77 %

Goldstar Power's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Mar. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Mar. 2024 )(Q: Mar. 2025 )
=22.8/( (281.917+304.717)/ 2 )
=22.8/293.317
=7.77 %

* 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 one times the annual (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 7.77% mean?
Goldstar Power (NSE:GOLDSTAR) has a Return-on-Tangible-Equity of 7.77% as of Mar. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Goldstar Power and its competitors. This is 74% above median its historical median of 4.47. According to the industry distribution chart, Goldstar Power ranks #1352 out of 2969 companies in the Industrial Products industry, placing it in the top 45.5%.
Is Goldstar Power's Return-on-Tangible-Equity too high?
Goldstar Power's current Return-on-Tangible-Equity of 7.77% is 74% above median its 10-year median of 4.47. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Goldstar Power's value of 7.77% is 15.6% above this industry median. Based on the distribution chart, Goldstar Power ranks #1352 out of 2969 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Goldstar Power has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldstar Power's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Goldstar Power ranks #1352 out of 2969 companies for Return-on-Tangible-Equity. This puts Goldstar Power in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.72. Goldstar Power's value of 7.77% is 15.6% above this benchmark. While the company's 10-year median is 4.47 vs. the industry median of 6.72, Goldstar Power 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 6.72, based on 2,969 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. Goldstar Power's current Return-on-Tangible-Equity of 7.77% is 15.6% 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 Goldstar Power and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldstar Power's current Return-on-Tangible-Equity is 7.77%, which is 74% above median its own 10-year median of 4.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldstar Power stock overvalued right now?
Based on GuruFocus' analysis, Goldstar Power (NSE:GOLDSTAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹10.88, compared to a current price of ₹7.50 — trading 31.1% below its estimated fair value. The current Return-on-Tangible-Equity is 7.77%, which is 74% above median its 10-year median of 4.47 and 15.6% above the Industrial Products industry median of 6.72. Goldstar Power's overall GF Score™ is 80/100 with 3 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 Goldstar Power (NSE:GOLDSTAR), the current Return-on-Tangible-Equity is 7.77% as of Mar. 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.

Is Goldstar Power (NSE:GOLDSTAR) Overvalued in 2026?

Based on GuruFocus' analysis, Goldstar Power stock appears to be undervalued. The current stock price of ₹7.50 is trading 31.1% below its estimated GF Value™ of ₹10.88. GuruFocus considers Goldstar Power to be Significantly Undervalued.

Key valuation signals for NSE:GOLDSTAR:

  • Return-on-Tangible-Equity: 7.77% (74% above median its 10-year median of 4.47)
  • GF Value™: ₹10.88 vs. price of ₹7.50 (31.1% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 15.6% above the Industrial Products median (#1352 of 2969)

No single metric tells the full story. See the NSE:GOLDSTAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goldstar Power Business Description

Address Rajkot Highway, Behind Ravi Petrol Pump, At & Post Hapa, Jamanagar, GJ, IND, 361120
Goldstar Power Ltd is a battery manufacturing company. It sells its products under the brand GOLDSTAR that includes Fully Automotive Batteries for Car, Tractor, and Heavy Duty Trucks, Tubular Batteries for E-Rickshaw, SMF-VRLA Batteries for UPS Application, Motorcycle Batteries, Solar Batteries, Pure Lead, and Alloy. The company has two reportable segments: Manufacturing of Battery, Lead Alloy, and Trading of Inverter, Chemicals & other battery related equipment. Key revenue is generated from the Manufacturing of Battery, Lead Alloy segment.
80GF Score

Get the complete analysis for NSE:GOLDSTAR

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹7.50
Price
₹10.88
GF Value