Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Saatvik Green EnergyNSE:SAATVIKGL -0.84%17 Return-on-Tangible-Equity is 17.81% as of Mar. 2026, which is 58% below its 10-year median of 42.07. GuruFocus rates NSE:SAATVIKGL with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 985 Semiconductors companies, Saatvik Green Energy ranks better than 87.82% 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. Saatvik Green Energy's annualized net income for the quarter that ended in Mar. 2026 was ₹2,424 Mil. Saatvik Green Energy's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹13,610 Mil. Therefore, Saatvik Green Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.81%.
The historical rank and industry rank for Saatvik Green Energy's Return-on-Tangible-Equity or its related term are showing as below:
NSE:SAATVIKGL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 25.08 Med: 42.07 Max: 142.49
Current: 25.08
During the past 5 years, Saatvik Green Energy's highest Return-on-Tangible-Equity was 142.49%. The lowest was 25.08%. And the median was 42.07%.
NSE:SAATVIKGL's Return-on-Tangible-Equity is ranked better than 87.82% of 985
companies
in the Semiconductors industry
Industry Median: 5.31
vs NSE:SAATVIKGL: 25.08
Saatvik Green Energy (NSE:SAATVIKGL) 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.
Saatvik Green Energy Return-on-Tangible-Equity Related Terms
Saatvik Green Energy Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Saatvik Green Energy'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.
Saatvik Green Energy Return-on-Tangible-Equity Chart
NSE:SAATVIKGL vs FSLR, NXT, ENPH: Return-on-Tangible-Equity Comparison
For the Solar subindustry, Saatvik Green Energy'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.
Saatvik Green Energy Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Saatvik Green Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Saatvik Green Energy'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 17.81% mean?
Saatvik Green Energy (NSE:SAATVIKGL) has a Return-on-Tangible-Equity of 17.81% 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 Saatvik Green Energy and its competitors. This is 58% below median its historical median of 42.07. Over the past decade, Saatvik Green Energy's Return-on-Tangible-Equity has ranged from 25.08 to 142.49. According to the industry distribution chart, Saatvik Green Energy ranks #120 out of 985 companies in the Semiconductors industry, placing it in the top 12.2%.
Is Saatvik Green Energy's Return-on-Tangible-Equity too high?
Saatvik Green Energy's current Return-on-Tangible-Equity of 17.81% is 58% below median its 10-year median of 42.07. Over the past 10 years, this metric has ranged from a low of 25.08 to a high of 142.49. The Semiconductors industry median Return-on-Tangible-Equity is 5.31. Saatvik Green Energy's value of 17.81% is 235.4% above this industry median. Based on the distribution chart, Saatvik Green Energy ranks #120 out of 985 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Saatvik Green Energy has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Saatvik Green Energy's Return-on-Tangible-Equity compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Saatvik Green Energy ranks #120 out of 985 companies for Return-on-Tangible-Equity. This places Saatvik Green Energy in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.31. Saatvik Green Energy's value of 17.81% is 235.4% above this benchmark. Historically, Saatvik Green Energy's own Return-on-Tangible-Equity has ranged from 25.08 to 142.49 over the past decade. While the company's 10-year median is 42.07 vs. the industry median of 5.31, Saatvik Green Energy 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.31, based on 985 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. Saatvik Green Energy's current Return-on-Tangible-Equity of 17.81% is 235.4% 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 Saatvik Green Energy and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saatvik Green Energy's current Return-on-Tangible-Equity is 17.81%, which is 58% below median its own 10-year median of 42.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saatvik Green Energy stock overvalued right now?
Saatvik Green Energy (NSE:SAATVIKGL) has a current Return-on-Tangible-Equity of 17.81%. The current Return-on-Tangible-Equity is 17.81%, which is 58% below median its 10-year median of 42.07 and 235.4% above the Semiconductors industry median of 5.31. Saatvik Green Energy'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 Saatvik Green Energy (NSE:SAATVIKGL), the current Return-on-Tangible-Equity is 17.81% 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.
Saatvik Green Energy Ltd is engaged in module manufacturing as well as engineering, procurement and construction (EPC) and operations and maintenance (O&M) services. The company offers a comprehensive portfolio of solar module products that are currently manufactured using technologies that help reduce energy loss and enhance overall efficiency. Its solar energy products include: (i) monocrystalline passive emitter and rear cell modules; and (ii) N-TopCon solar modules, both types are offered in mono-facial and bifacial options, suitable for various applications, including residential, commercial and utility scale solar projects. It manufactures its products through the use of M10 technology for its Mono PERC modules and M10, G12, M10R and G12R technologies for its N-TopCon modules.
17GF Score
Get the complete analysis for NSE:SAATVIKGL
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:SAATVIKGL has been successfully added to your 
