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India Nippon ElectricalsNSE:INDNIPPON +0.84%85 Return-on-Tangible-Equity is 19.41% as of Mar. 2026, which is 65% above its 10-year median of 11.78. GuruFocus rates NSE:INDNIPPON with a GF Score™ of 85/100 and a GF Value™ of ₹960.31 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,282 Vehicles & Parts companies, India Nippon Electricals ranks better than 72.23% 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. India Nippon Electricals's annualized net income for the quarter that ended in Mar. 2026 was ₹1,593 Mil. India Nippon Electricals's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹8,206 Mil. Therefore, India Nippon Electricals's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.41%.
The historical rank and industry rank for India Nippon Electricals's Return-on-Tangible-Equity or its related term are showing as below:
NSE:INDNIPPON'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.08 Med: 11.78 Max: 16.22
Current: 14.41
During the past 13 years, India Nippon Electricals's highest Return-on-Tangible-Equity was 16.22%. The lowest was 9.08%. And the median was 11.78%.
NSE:INDNIPPON's Return-on-Tangible-Equity is ranked better than 72.23% of 1282
companies
in the Vehicles & Parts industry
Industry Median: 7.59
vs NSE:INDNIPPON: 14.41
India Nippon Electricals (NSE:INDNIPPON) 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.
India Nippon Electricals Return-on-Tangible-Equity Related Terms
India Nippon Electricals Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for India Nippon Electricals'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.
India Nippon Electricals Return-on-Tangible-Equity Chart
NSE:INDNIPPON vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, India Nippon Electricals'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.
India Nippon Electricals Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, India Nippon Electricals's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where India Nippon Electricals'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 19.41% mean?
India Nippon Electricals (NSE:INDNIPPON) has a Return-on-Tangible-Equity of 19.41% 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 India Nippon Electricals and its competitors. This is 65% above median its historical median of 11.78. Over the past decade, India Nippon Electricals' Return-on-Tangible-Equity has ranged from 9.08 to 16.22. According to the industry distribution chart, India Nippon Electricals ranks #356 out of 1282 companies in the Vehicles & Parts industry, placing it in the top 27.8%.
Is India Nippon Electricals' Return-on-Tangible-Equity too high?
India Nippon Electricals' current Return-on-Tangible-Equity of 19.41% is 65% above median its 10-year median of 11.78. Over the past 10 years, this metric has ranged from a low of 9.08 to a high of 16.22. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.59. India Nippon Electricals' value of 19.41% is 155.7% above this industry median. Based on the distribution chart, India Nippon Electricals ranks #356 out of 1282 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, India Nippon Electricals has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does India Nippon Electricals' Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, India Nippon Electricals ranks #356 out of 1282 companies for Return-on-Tangible-Equity. This puts India Nippon Electricals in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.59. India Nippon Electricals' value of 19.41% is 155.7% above this benchmark. Historically, India Nippon Electricals' own Return-on-Tangible-Equity has ranged from 9.08 to 16.22 over the past decade. While the company's 10-year median is 11.78 vs. the industry median of 7.59, India Nippon Electricals 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.59, based on 1,282 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. India Nippon Electricals's current Return-on-Tangible-Equity of 19.41% is 155.7% 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 India Nippon Electricals and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Nippon Electricals's current Return-on-Tangible-Equity is 19.41%, which is 65% above median its own 10-year median of 11.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Nippon Electricals stock overvalued right now?
Based on GuruFocus' analysis, India Nippon Electricals (NSE:INDNIPPON) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹960.31, compared to a current price of ₹1,170.40 — trading 21.9% above its estimated fair value. The current Return-on-Tangible-Equity is 19.41%, which is 65% above median its 10-year median of 11.78 and 155.7% above the Vehicles & Parts industry median of 7.59. India Nippon Electricals' overall GF Score™ is 85/100 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 India Nippon Electricals (NSE:INDNIPPON), the current Return-on-Tangible-Equity is 19.41% 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 India Nippon Electricals (NSE:INDNIPPON) Overvalued in 2026?
Based on GuruFocus' analysis, India Nippon Electricals stock appears to be overvalued.
The current stock price of ₹1,170.40 is trading 21.9% above its estimated GF Value™ of ₹960.31.
GuruFocus considers India Nippon Electricals to be Modestly Overvalued.
Key valuation signals for NSE:INDNIPPON:
Return-on-Tangible-Equity: 19.41% (65% above median its 10-year median of 11.78)
GF Value™: ₹960.31 vs. price of ₹1,170.40 (21.9% above fair value)
Industry Position: 155.7% above the Vehicles & Parts median (#356 of 1282)
No single metric tells the full story. See the NSE:INDNIPPON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
India Nippon Electricals Ltd is an India-based company that engages in the business of manufacturing electronic ignition systems for two-wheelers, three-wheelers, and portable engines. The company offers AC generator products, such as flywheel magneto, stator, rotor products, regulator and rectifier units, ignition coils, exhaust gas recirculation controllers, engine controller units, auto choke-generation purpose engines, dual output ignition products, non-contact and contact type throttle position sensors, and PM alternators. Geographically, it derives a majority of its revenue from India.
85GF Score
Get the complete analysis for NSE:INDNIPPON
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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