Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hindustan ZincNSE:HINDZINC +0.62%98 Return-on-Tangible-Equity is 97.06% as of Jun. 2026, which is 241% above its 10-year median of 28.44. GuruFocus rates NSE:HINDZINC with a GF Score™ of 98/100 and a GF Value™ of ₹654.85 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,385 Metals & Mining companies, Hindustan Zinc ranks better than 97.32% 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. Hindustan Zinc's annualized net income for the quarter that ended in Jun. 2026 was ₹218,760 Mil. Hindustan Zinc's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹225,380 Mil. Therefore, Hindustan Zinc's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 97.06%.
The historical rank and industry rank for Hindustan Zinc's Return-on-Tangible-Equity or its related term are showing as below:
NSE:HINDZINC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 18.45 Med: 28.44 Max: 103.92
Current: 103.92
During the past 13 years, Hindustan Zinc's highest Return-on-Tangible-Equity was 103.92%. The lowest was 18.45%. And the median was 28.44%.
NSE:HINDZINC's Return-on-Tangible-Equity is ranked better than 97.32% of 2385
companies
in the Metals & Mining industry
Industry Median: -16.49
vs NSE:HINDZINC: 103.92
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.
Hindustan Zinc Return-on-Tangible-Equity Related Terms
Hindustan Zinc Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hindustan Zinc'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.
For the Other Industrial Metals & Mining subindustry, Hindustan Zinc'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.
Hindustan Zinc Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hindustan Zinc's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hindustan Zinc'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 97.06% mean?
Hindustan Zinc (NSE:HINDZINC) has a Return-on-Tangible-Equity of 97.06% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hindustan Zinc and its competitors. This is 241% above median its historical median of 28.44. Over the past decade, Hindustan Zinc's Return-on-Tangible-Equity has ranged from 18.45 to 103.92. According to the industry distribution chart, Hindustan Zinc ranks #64 out of 2385 companies in the Metals & Mining industry, placing it in the top 2.7%.
Is Hindustan Zinc's Return-on-Tangible-Equity too high?
Hindustan Zinc's current Return-on-Tangible-Equity of 97.06% is 241% above median its 10-year median of 28.44. Over the past 10 years, this metric has ranged from a low of 18.45 to a high of 103.92. Based on the distribution chart, Hindustan Zinc ranks #64 out of 2385 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Hindustan Zinc has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Zinc's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Hindustan Zinc ranks #64 out of 2385 companies for Return-on-Tangible-Equity. This places Hindustan Zinc in the top 3% of its industry — outperforming the majority of peers. Historically, Hindustan Zinc's own Return-on-Tangible-Equity has ranged from 18.45 to 103.92 over the past decade. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Hindustan Zinc and its competitors. Hindustan Zinc's current Return-on-Tangible-Equity is 97.06%, which is 241% above median its own 10-year median of 28.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Zinc stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Zinc (NSE:HINDZINC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹654.85, compared to a current price of ₹539.20 — trading 17.7% below its estimated fair value. The current Return-on-Tangible-Equity is 97.06%, which is 241% above median its 10-year median of 28.44. Hindustan Zinc's overall GF Score™ is 98/100 with 1 warning sign 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 Hindustan Zinc (NSE:HINDZINC), the current Return-on-Tangible-Equity is 97.06% as of Jun. 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 Hindustan Zinc (NSE:HINDZINC) Overvalued in 2026?
Based on GuruFocus' analysis, Hindustan Zinc stock appears to be undervalued.
The current stock price of ₹539.20 is trading 17.7% below its estimated GF Value™ of ₹654.85.
GuruFocus considers Hindustan Zinc to be Modestly Undervalued.
Key valuation signals for NSE:HINDZINC:
Return-on-Tangible-Equity: 97.06% (241% above median its 10-year median of 28.44)
GF Value™: ₹654.85 vs. price of ₹539.20 (17.7% below fair value)
No single metric tells the full story. See the NSE:HINDZINC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindustan Zinc Ltd is engaged in exploring, extracting, and processing minerals. Its operations include five zinc-lead mines, four zinc smelters, one lead smelter, one zinc-lead smelter, eight sulphuric acid plants, one silver refinery plant, six captive thermal power plants, and four captive solar plants in Rajasthan. The Company also has a rock-phosphate mine in Matoon near Udaipur, Rajasthan, and zinc, lead, and silver processing and refining facilities in Uttarakhand. The Group produces zinc, lead, silver, commercial power, and alloys. The Group operates through two reportable segments: Zinc, Lead, Silver & Others, which generates the maximum revenue, and Wind Energy. The company generates the maximum revenue from India.
98GF Score
Get the complete analysis for NSE:HINDZINC
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:HINDZINC has been successfully added to your 
