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Olectra GreentechNSE:OLECTRA -2.04%81 Return-on-Tangible-Equity is 18.24% as of Mar. 2026, which is 142% above its 10-year median of 7.54. GuruFocus rates NSE:OLECTRA with a GF Score™ of 81/100 and a GF Value™ of ₹2,332.27 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 199 Farm & Heavy Construction Machinery companies, Olectra Greentech ranks better than 69.35% 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. Olectra Greentech's annualized net income for the quarter that ended in Mar. 2026 was ₹2,221 Mil. Olectra Greentech's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹12,176 Mil. Therefore, Olectra Greentech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 18.24%.
The historical rank and industry rank for Olectra Greentech's Return-on-Tangible-Equity or its related term are showing as below:
NSE:OLECTRA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.55 Med: 7.54 Max: 15.83
Current: 15.83
During the past 13 years, Olectra Greentech's highest Return-on-Tangible-Equity was 15.83%. The lowest was -3.55%. And the median was 7.54%.
NSE:OLECTRA's Return-on-Tangible-Equity is ranked better than 69.35% of 199
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.26
vs NSE:OLECTRA: 15.83
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.
Olectra Greentech Return-on-Tangible-Equity Related Terms
Olectra Greentech Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Olectra Greentech'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:OLECTRA vs CAT, DE, PCAR: Return-on-Tangible-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, Olectra Greentech'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.
Olectra Greentech Return-on-Tangible-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Olectra Greentech's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Olectra Greentech'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 18.24% mean?
Olectra Greentech (NSE:OLECTRA) has a Return-on-Tangible-Equity of 18.24% 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 Olectra Greentech and its competitors. This is 142% above median its historical median of 7.54. According to the industry distribution chart, Olectra Greentech ranks #61 out of 199 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 30.7%.
Is Olectra Greentech's Return-on-Tangible-Equity too high?
Olectra Greentech's current Return-on-Tangible-Equity of 18.24% is 142% above median its 10-year median of 7.54. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Equity is 9.26. Olectra Greentech's value of 18.24% is 97% above this industry median. Based on the distribution chart, Olectra Greentech ranks #61 out of 199 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Olectra Greentech has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Olectra Greentech's Return-on-Tangible-Equity compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Olectra Greentech ranks #61 out of 199 companies for Return-on-Tangible-Equity. This puts Olectra Greentech in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.26. Olectra Greentech's value of 18.24% is 97% above this benchmark. While the company's 10-year median is 7.54 vs. the industry median of 9.26, Olectra Greentech 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 Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Equity among Farm & Heavy Construction Machinery companies is 9.26, based on 199 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. Olectra Greentech's current Return-on-Tangible-Equity of 18.24% is 97% 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 Olectra Greentech and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Equity is 9.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olectra Greentech's current Return-on-Tangible-Equity is 18.24%, which is 142% above median its own 10-year median of 7.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olectra Greentech stock overvalued right now?
Based on GuruFocus' analysis, Olectra Greentech (NSE:OLECTRA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,332.27, compared to a current price of ₹1,318.30 — trading 43.5% below its estimated fair value. The current Return-on-Tangible-Equity is 18.24%, which is 142% above median its 10-year median of 7.54 and 97% above the Farm & Heavy Construction Machinery industry median of 9.26. Olectra Greentech's overall GF Score™ is 81/100 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 Olectra Greentech (NSE:OLECTRA), the current Return-on-Tangible-Equity is 18.24% 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 Olectra Greentech (NSE:OLECTRA) Overvalued in 2026?
Based on GuruFocus' analysis, Olectra Greentech stock appears to be undervalued.
The current stock price of ₹1,318.30 is trading 43.5% below its estimated GF Value™ of ₹2,332.27.
GuruFocus considers Olectra Greentech to be Possible Value Trap.
Key valuation signals for NSE:OLECTRA:
Return-on-Tangible-Equity: 18.24% (142% above median its 10-year median of 7.54)
GF Value™: ₹2,332.27 vs. price of ₹1,318.30 (43.5% below fair value)
Industry Position: 97% above the Farm & Heavy Construction Machinery median (#61 of 199)
No single metric tells the full story. See the NSE:OLECTRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Olectra Greentech Ltd is engaged in the manufacturing of polymer insulators, electric trucks, and electric buses in India. The company's reportable segments are; Composite Polymer Insulators, and the E-Vehicle division which derives the majority of its revenue, and includes electric buses and trucks.
81GF Score
Get the complete analysis for NSE:OLECTRA
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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