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Jain Resource RecyclingNSE:JAINREC +1.47%17 Return-on-Tangible-Equity is 16.92% as of Mar. 2026, which is 71% below its 10-year median of 57.66. GuruFocus rates NSE:JAINREC with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 2,385 Metals & Mining companies, Jain Resource Recycling ranks better than 86.37% 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. Jain Resource Recycling's annualized net income for the quarter that ended in Mar. 2026 was ₹2,642 Mil. Jain Resource Recycling's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹15,608 Mil. Therefore, Jain Resource Recycling's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.92%.
The historical rank and industry rank for Jain Resource Recycling's Return-on-Tangible-Equity or its related term are showing as below:
NSE:JAINREC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.94 Med: 57.66 Max: 80.91
Current: 16.94
During the past 5 years, Jain Resource Recycling's highest Return-on-Tangible-Equity was 80.91%. The lowest was 16.94%. And the median was 57.66%.
NSE:JAINREC's Return-on-Tangible-Equity is ranked better than 86.37% of 2385
companies
in the Metals & Mining industry
Industry Median: -16.49
vs NSE:JAINREC: 16.94
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.
Jain Resource Recycling Return-on-Tangible-Equity Related Terms
Jain Resource Recycling Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Jain Resource Recycling'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, Jain Resource Recycling'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.
Jain Resource Recycling Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Jain Resource Recycling's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jain Resource Recycling'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 16.92% mean?
Jain Resource Recycling (NSE:JAINREC) has a Return-on-Tangible-Equity of 16.92% 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 Jain Resource Recycling and its competitors. This is 71% below median its historical median of 57.66. Over the past decade, Jain Resource Recycling's Return-on-Tangible-Equity has ranged from 16.94 to 80.91. According to the industry distribution chart, Jain Resource Recycling ranks #325 out of 2385 companies in the Metals & Mining industry, placing it in the top 13.6%.
Is Jain Resource Recycling's Return-on-Tangible-Equity too high?
Jain Resource Recycling's current Return-on-Tangible-Equity of 16.92% is 71% below median its 10-year median of 57.66. Over the past 10 years, this metric has ranged from a low of 16.94 to a high of 80.91. Based on the distribution chart, Jain Resource Recycling ranks #325 out of 2385 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Jain Resource Recycling has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Jain Resource Recycling's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Jain Resource Recycling ranks #325 out of 2385 companies for Return-on-Tangible-Equity. This places Jain Resource Recycling in the top 14% of its industry — outperforming the majority of peers. Historically, Jain Resource Recycling's own Return-on-Tangible-Equity has ranged from 16.94 to 80.91 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 Jain Resource Recycling and its competitors. Jain Resource Recycling's current Return-on-Tangible-Equity is 16.92%, which is 71% below median its own 10-year median of 57.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jain Resource Recycling stock overvalued right now?
Jain Resource Recycling (NSE:JAINREC) has a current Return-on-Tangible-Equity of 16.92%. The current Return-on-Tangible-Equity is 16.92%, which is 71% below median its 10-year median of 57.66. Jain Resource Recycling's overall GF Score™ is 17/100 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 Jain Resource Recycling (NSE:JAINREC), the current Return-on-Tangible-Equity is 16.92% 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.
Jain Resource Recycling Ltd is engaged in the business of recycling and production of non-ferrous metals and non-metallic materials. Its product portfolio comprises lead and lead alloy ingots, copper and copper ingots, and aluminium and aluminium alloys. The group is segregated into the following segments: Copper Processing, Lead Processing, Aluminium Processing, Precious Metal, and Others. It generates maximum revenue from the recycling and sale of copper and copper ingots. Geographically, the group generates maximum revenue from outside India through exports, and the rest from its business within India.
17GF Score
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