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Ishan InternationalNSE:ISHAN 43 Return-on-Tangible-Equity is 2.69% as of Mar. 2026, which is 13% below its 10-year median of 3.08. GuruFocus rates NSE:ISHAN with a GF Score™ of 43/100 and a GF Value™ of ₹0.45 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 200 Farm & Heavy Construction Machinery companies, Ishan International ranks worse than 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. Ishan International's annualized net income for the quarter that ended in Mar. 2026 was ₹6.1 Mil. Ishan International's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹228.3 Mil. Therefore, Ishan International's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.69%.
The historical rank and industry rank for Ishan International's Return-on-Tangible-Equity or its related term are showing as below:
NSE:ISHAN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.93 Med: 3.08 Max: 22.3
Current: 1.75
During the past 7 years, Ishan International's highest Return-on-Tangible-Equity was 22.30%. The lowest was 0.93%. And the median was 3.08%.
NSE:ISHAN's Return-on-Tangible-Equity is ranked worse than 78% of 200
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.44
vs NSE:ISHAN: 1.75
Ishan International (NSE:ISHAN) 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.
Ishan International Return-on-Tangible-Equity Related Terms
Ishan International Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ishan International'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.
Ishan International Return-on-Tangible-Equity Chart
NSE:ISHAN vs CAT, DE, PCAR: Return-on-Tangible-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, Ishan International'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.
Ishan International Return-on-Tangible-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Ishan International's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ishan International'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 two times the semi-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 2.69% mean?
Ishan International (NSE:ISHAN) has a Return-on-Tangible-Equity of 2.69% 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 Ishan International and its competitors. This is 13% below median its historical median of 3.08. Over the past decade, Ishan International's Return-on-Tangible-Equity has ranged from 0.93 to 22.30. According to the industry distribution chart, Ishan International ranks #156 out of 200 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 78%.
Is Ishan International's Return-on-Tangible-Equity too high?
Ishan International's current Return-on-Tangible-Equity of 2.69% is 13% below median its 10-year median of 3.08. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 22.30. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Equity is 9.44. Ishan International's value of 2.69% is 71.5% below this industry median. Based on the distribution chart, Ishan International ranks #156 out of 200 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Ishan International has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ishan International's Return-on-Tangible-Equity compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Ishan International ranks #156 out of 200 companies for Return-on-Tangible-Equity. This places Ishan International in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.44. Ishan International's value of 2.69% is 71.5% below this benchmark. Historically, Ishan International's own Return-on-Tangible-Equity has ranged from 0.93 to 22.30 over the past decade. While the company's 10-year median is 3.08 vs. the industry median of 9.44, Ishan International has consistently been below 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 Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Equity among Farm & Heavy Construction Machinery companies is 9.44, based on 200 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. Ishan International's current Return-on-Tangible-Equity of 2.69% is 71.5% 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 Ishan International and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Equity is 9.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ishan International's current Return-on-Tangible-Equity is 2.69%, which is 13% below median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ishan International stock overvalued right now?
Based on GuruFocus' analysis, Ishan International (NSE:ISHAN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹0.45, compared to a current price of ₹0.50 — trading 11.1% above its estimated fair value. The current Return-on-Tangible-Equity is 2.69%, which is 13% below median its 10-year median of 3.08 and 71.5% below the Farm & Heavy Construction Machinery industry median of 9.44. Ishan International's overall GF Score™ is 43/100 with 8 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 Ishan International (NSE:ISHAN), the current Return-on-Tangible-Equity is 2.69% 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 Ishan International (NSE:ISHAN) Overvalued in 2026?
Based on GuruFocus' analysis, Ishan International stock appears to be overvalued.
The current stock price of ₹0.50 is trading 11.1% above its estimated GF Value™ of ₹0.45.
GuruFocus considers Ishan International to be Modestly Overvalued.
Key valuation signals for NSE:ISHAN:
Return-on-Tangible-Equity: 2.69% (13% below median its 10-year median of 3.08)
GF Value™: ₹0.45 vs. price of ₹0.50 (11.1% above fair value)
Industry Position: 71.5% below the Farm & Heavy Construction Machinery median (#156 of 200)
No single metric tells the full story. See the NSE:ISHAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ishan International Ltd is a heavy engineering company. It is engaged in the business of EPC contracting and building projects that focus on supplying machines, erection/installation, commissioning, and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants, and pollution control systems. The company also provides high-end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals, and Pollution Control Systems.
43GF Score
Get the complete analysis for NSE:ISHAN
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