Greenleaf Envirotech (NSE:GREENLEAF) Return-on-Tangible-Equity: 30.63% (As of Mar. 2026) — 24% Below Median


NSE:GREENLEAF Greenleaf Envirotech Ltd NSE:GREENLEAF
20 GF Score
Price ₹87.85
! 4 Warning Signs
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What is Greenleaf Envirotech Return-on-Tangible-Equity?

Greenleaf Envirotech NSE:GREENLEAF +4.96% 20 Return-on-Tangible-Equity is 30.63% as of Mar. 2026, which is 24% below its 10-year median of 40.53. GuruFocus rates NSE:GREENLEAF with a GF Score™ of 20/100. The stock has 4 warning signs investors should review. Among 225 Waste Management companies, Greenleaf Envirotech ranks better than 81.78% 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. Greenleaf Envirotech's annualized net income for the quarter that ended in Mar. 2026 was ₹72.3 Mil. Greenleaf Envirotech's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹236.2 Mil. Therefore, Greenleaf Envirotech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 30.63%.

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

NSE:GREENLEAF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 30.63   Med: 40.53   Max: 45.67
Current: 30.63

During the past 4 years, Greenleaf Envirotech's highest Return-on-Tangible-Equity was 45.67%. The lowest was 30.63%. And the median was 40.53%.

NSE:GREENLEAF's Return-on-Tangible-Equity is ranked better than
81.78% of 225 companies
in the Waste Management industry
Industry Median: 9.1 vs NSE:GREENLEAF: 30.63

Greenleaf Envirotech  (NSE:GREENLEAF) 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.


Greenleaf Envirotech Return-on-Tangible-Equity Related Terms


Greenleaf Envirotech Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Greenleaf Envirotech'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.

Greenleaf Envirotech Return-on-Tangible-Equity Chart

Greenleaf Envirotech Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
36.97 44.09 45.67 30.63

Greenleaf Envirotech Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity 36.97 44.09 45.67 30.63

NSE:GREENLEAF vs WM, RSG, WCN: Return-on-Tangible-Equity Comparison

For the Waste Management subindustry, Greenleaf Envirotech'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.


Greenleaf Envirotech Return-on-Tangible-Equity vs Waste Management Industry

For the Waste Management industry and Industrials sector, Greenleaf Envirotech's Return-on-Tangible-Equity distribution charts can be found below:

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


NSE:GREENLEAF
20GF Score
Greenleaf Envirotech Ltd NSE:GREENLEAF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenleaf Envirotech Return-on-Tangible-Equity Calculation

Greenleaf Envirotech's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=72.342/( (124.102+348.325 )/ 2 )
=72.342/236.2135
=30.63 %

Greenleaf Envirotech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Mar. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Mar. 2025 )(Q: Mar. 2026 )
=72.342/( (124.102+348.325)/ 2 )
=72.342/236.2135
=30.63 %

* 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. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 30.63% mean?
Greenleaf Envirotech (NSE:GREENLEAF) has a Return-on-Tangible-Equity of 30.63% 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 Greenleaf Envirotech and its competitors. This is 24% below median its historical median of 40.53. Over the past decade, Greenleaf Envirotech's Return-on-Tangible-Equity has ranged from 30.63 to 45.67. According to the industry distribution chart, Greenleaf Envirotech ranks #41 out of 225 companies in the Waste Management industry, placing it in the top 18.2%.
Is Greenleaf Envirotech's Return-on-Tangible-Equity too high?
Greenleaf Envirotech's current Return-on-Tangible-Equity of 30.63% is 24% below median its 10-year median of 40.53. Over the past 10 years, this metric has ranged from a low of 30.63 to a high of 45.67. The Waste Management industry median Return-on-Tangible-Equity is 9.10. Greenleaf Envirotech's value of 30.63% is 236.6% above this industry median. Based on the distribution chart, Greenleaf Envirotech ranks #41 out of 225 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Greenleaf Envirotech has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Greenleaf Envirotech's Return-on-Tangible-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Greenleaf Envirotech ranks #41 out of 225 companies for Return-on-Tangible-Equity. This places Greenleaf Envirotech in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.10. Greenleaf Envirotech's value of 30.63% is 236.6% above this benchmark. Historically, Greenleaf Envirotech's own Return-on-Tangible-Equity has ranged from 30.63 to 45.67 over the past decade. While the company's 10-year median is 40.53 vs. the industry median of 9.10, Greenleaf Envirotech 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 Waste Management company?
The median Return-on-Tangible-Equity among Waste Management companies is 9.10, based on 225 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. Greenleaf Envirotech's current Return-on-Tangible-Equity of 30.63% is 236.6% 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 Greenleaf Envirotech and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 9.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenleaf Envirotech's current Return-on-Tangible-Equity is 30.63%, which is 24% below median its own 10-year median of 40.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenleaf Envirotech stock overvalued right now?
Greenleaf Envirotech (NSE:GREENLEAF) has a current Return-on-Tangible-Equity of 30.63%. The current Return-on-Tangible-Equity is 30.63%, which is 24% below median its 10-year median of 40.53 and 236.6% above the Waste Management industry median of 9.10. Greenleaf Envirotech's overall GF Score™ is 20/100 with 4 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 Greenleaf Envirotech (NSE:GREENLEAF), the current Return-on-Tangible-Equity is 30.63% 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.

Greenleaf Envirotech Business Description

Address Singanpore Road, 3rd Floor, Room No. 4, Plot No.27-35, Kankavati Complex, Nandanvan Group Housing Society, Surat, GJ, IND, 395004
Greenleaf Envirotech Ltd is engaged in providing engineering, procurement, construction (EPC) and turnkey solutions for Wastewater Treatment Projects (WWT) specifically in Sewage Treatment Plants (STPs) and Effluent Treatment Plants (ETPs) catering to private and public sectors. Its scope of services covers different stages of the WWT project lifecycle from design engineering, procurement, supply, installation, testing, commissioning and project management. The company also provide operations and maintenance (O&M) and annual maintenance contract (AMC) services for WWT projects on standalone basis. It also provides fire and safety services where the company supply and refill fire extinguisher for its clients.
20GF Score

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

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