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Inox WindNSE:INOXWIND -0.60%65 Return-on-Tangible-Equity is 5.97% as of Mar. 2026. GuruFocus rates NSE:INOXWIND with a GF Score™ of 65/100 and a GF Value™ of ₹282.18 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,972 Industrial Products companies, Inox Wind ranks better than 50.84% 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. Inox Wind's annualized net income for the quarter that ended in Mar. 2026 was ₹3,650 Mil. Inox Wind's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹61,126 Mil. Therefore, Inox Wind's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.97%.
The historical rank and industry rank for Inox Wind's Return-on-Tangible-Equity or its related term are showing as below:
NSE:INOXWIND'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -38.36 Med: -5.55 Max: 15.12
Current: 7.02
During the past 13 years, Inox Wind's highest Return-on-Tangible-Equity was 15.12%. The lowest was -38.36%. And the median was -5.55%.
NSE:INOXWIND's Return-on-Tangible-Equity is ranked better than 50.84% of 2972
companies
in the Industrial Products industry
Industry Median: 6.775
vs NSE:INOXWIND: 7.02
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.
Inox Wind Return-on-Tangible-Equity Related Terms
Inox Wind Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Inox Wind'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.
NSE:INOXWIND vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Inox Wind'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.
Inox Wind Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Inox Wind's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Inox Wind'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 5.97% mean?
Inox Wind (NSE:INOXWIND) has a Return-on-Tangible-Equity of 5.97% 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 Inox Wind and its competitors. According to the industry distribution chart, Inox Wind ranks #1461 out of 2972 companies in the Industrial Products industry, placing it in the top 49.2%.
Is Inox Wind's Return-on-Tangible-Equity too high?
Inox Wind's current Return-on-Tangible-Equity is 5.97%. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Inox Wind's value of 5.97% is 11.9% below this industry median. Based on the distribution chart, Inox Wind ranks #1461 out of 2972 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Inox Wind has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Inox Wind's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Inox Wind ranks #1461 out of 2972 companies for Return-on-Tangible-Equity. This puts Inox Wind in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Inox Wind's value of 5.97% is 11.9% below this benchmark. 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. Inox Wind's current Return-on-Tangible-Equity of 5.97% is 11.9% below 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 Inox Wind 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. Inox Wind's current Return-on-Tangible-Equity is 5.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inox Wind stock overvalued right now?
Based on GuruFocus' analysis, Inox Wind (NSE:INOXWIND) is currently considered Possible Value Trap. The stock's GF Value™ is ₹282.18, compared to a current price of ₹76.21 — trading 73% below its estimated fair value. The current Return-on-Tangible-Equity is 5.97% and 11.9% below the Industrial Products industry median of 6.78. Inox Wind's overall GF Score™ is 65/100 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 Inox Wind (NSE:INOXWIND), the current Return-on-Tangible-Equity is 5.97% 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 Inox Wind (NSE:INOXWIND) Overvalued in 2026?
Based on GuruFocus' analysis, Inox Wind stock appears to be undervalued.
The current stock price of ₹76.21 is trading 73% below its estimated GF Value™ of ₹282.18.
GuruFocus considers Inox Wind to be Possible Value Trap.
Key valuation signals for NSE:INOXWIND:
Return-on-Tangible-Equity: 5.97%
GF Value™: ₹282.18 vs. price of ₹76.21 (73% below fair value)
Industry Position: 11.9% below the Industrial Products median (#1461 of 2972)
No single metric tells the full story. See the NSE:INOXWIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Inox Wind Ltd is engaged in the business of manufacturing Wind Turbine Generators. The group provides related erection, procurement & commissioning (EPC) services, operations & maintenance (O&M), and common infrastructure facility services for WTGs, and development of projects for wind farms. It conducts its business and provides services to various states in India. The company also offers turnkey solutions for the development of wind power projects which include wind studies, energy assessment, land acquisition, site infrastructure development, power evacuation, and others.
65GF Score
Get the complete analysis for NSE:INOXWIND
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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