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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. National Aluminium Co's annualized net income for the quarter that ended in Jun. 2026 was ₹80,126 Mil. National Aluminium Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹0 Mil. Therefore, National Aluminium Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was N/A%.
The historical rank and industry rank for National Aluminium Co's Return-on-Tangible-Equity or its related term are showing as below:
NSE:NATIONALUM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.34 Med: 12.85 Max: 32.84
Current: 27.43
During the past 13 years, National Aluminium Co's highest Return-on-Tangible-Equity was 32.84%. The lowest was 1.34%. And the median was 12.85%.
NSE:NATIONALUM's Return-on-Tangible-Equity is ranked better than 90.62% of 2387
companies
in the Metals & Mining industry
Industry Median: -16.4
vs NSE:NATIONALUM: 27.43
National Aluminium Co (NSE:NATIONALUM) 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.
National Aluminium Co Return-on-Tangible-Equity Related Terms
National Aluminium Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for National Aluminium Co'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.
National Aluminium Co Return-on-Tangible-Equity Chart
NSE:NATIONALUM vs AA: Return-on-Tangible-Equity Comparison
For the Aluminum subindustry, National Aluminium Co'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.
National Aluminium Co Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, National Aluminium Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where National Aluminium Co'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 0.00% mean?
National Aluminium Co (NSE:NATIONALUM) has a Return-on-Tangible-Equity of 0.00% 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 National Aluminium Co and its competitors. Over the past decade, National Aluminium Co's Return-on-Tangible-Equity has ranged from 1.34 to 32.84. According to the industry distribution chart, National Aluminium Co ranks #224 out of 2387 companies in the Metals & Mining industry, placing it in the top 9.4%.
Is National Aluminium Co's Return-on-Tangible-Equity too high?
National Aluminium Co's current Return-on-Tangible-Equity is 0.00%. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 32.84. Based on the distribution chart, National Aluminium Co ranks #224 out of 2387 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, National Aluminium Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Aluminium Co's Return-on-Tangible-Equity compare to AA?
According to the Metals & Mining industry distribution chart, National Aluminium Co ranks #224 out of 2387 companies for Return-on-Tangible-Equity. This places National Aluminium Co in the top 9% of its industry — outperforming the majority of peers. Historically, National Aluminium Co's own Return-on-Tangible-Equity has ranged from 1.34 to 32.84 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 National Aluminium Co and its competitors. National Aluminium Co's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Aluminium Co stock overvalued right now?
Based on GuruFocus' analysis, National Aluminium Co (NSE:NATIONALUM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹230.71, compared to a current price of ₹381.00 — trading 65.1% above its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. National Aluminium Co's overall GF Score™ is 74/100 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 National Aluminium Co (NSE:NATIONALUM), the current Return-on-Tangible-Equity is 0.00% 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 National Aluminium Co (NSE:NATIONALUM) Overvalued in 2026?
Based on GuruFocus' analysis, National Aluminium Co stock appears to be overvalued.
The current stock price of ₹381.00 is trading 65.1% above its estimated GF Value™ of ₹230.71.
GuruFocus considers National Aluminium Co to be Significantly Overvalued.
Key valuation signals for NSE:NATIONALUM:
Return-on-Tangible-Equity: 0.00%
GF Value™: ₹230.71 vs. price of ₹381.00 (65.1% above fair value)
No single metric tells the full story. See the NSE:NATIONALUM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Aluminium Co Ltd mines, produces and sells aluminum and alumina-based products in two segments: Aluminium and Chemicals. The company controls all stages of the aluminum process. The firm mines bauxite and refines it into alumina, then smelts maximum of the alumina into aluminum. The aluminum segment, which generates the majority of revenue, sells aluminum-based products. The chemicals segment sells calcinated alumina and alumina hydrate. The firm also owns and operates multiple power plants throughout India. The company derives maximum revenue from Aluminum segment.
74GF Score
Get the complete analysis for NSE:NATIONALUM
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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