Sahaj SolarNSE:SAHAJSOLAR +3.64%44 Return-on-Tangible-Equity is 38.89% as of Mar. 2026, which is 23% above its 10-year median of 31.53. GuruFocus rates NSE:SAHAJSOLAR with a GF Score™ of 44/100. The stock has 8 warning signs investors should review. Among 984 Semiconductors companies, Sahaj Solar ranks better than 87.5% 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. Sahaj Solar's annualized net income for the quarter that ended in Mar. 2026 was ₹489 Mil. Sahaj Solar's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,257 Mil. Therefore, Sahaj Solar's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 38.89%.
The historical rank and industry rank for Sahaj Solar's Return-on-Tangible-Equity or its related term are showing as below:
NSE:SAHAJSOLAR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.46 Med: 31.53 Max: 53.82
Current: 24.64
During the past 6 years, Sahaj Solar's highest Return-on-Tangible-Equity was 53.82%. The lowest was 6.46%. And the median was 31.53%.
NSE:SAHAJSOLAR's Return-on-Tangible-Equity is ranked better than 87.5% of 984
companies
in the Semiconductors industry
Industry Median: 5.24
vs NSE:SAHAJSOLAR: 24.64
Sahaj Solar (NSE:SAHAJSOLAR) 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.
Sahaj Solar Return-on-Tangible-Equity Related Terms
Sahaj Solar Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sahaj Solar'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:SAHAJSOLAR vs FSLR, NXT, ENPH: Return-on-Tangible-Equity Comparison
For the Solar subindustry, Sahaj Solar'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.
Sahaj Solar Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Sahaj Solar's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sahaj Solar'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 38.89% mean?
Sahaj Solar (NSE:SAHAJSOLAR) has a Return-on-Tangible-Equity of 38.89% 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 Sahaj Solar and its competitors. This is 23% above median its historical median of 31.53. Over the past decade, Sahaj Solar's Return-on-Tangible-Equity has ranged from 6.46 to 53.82. According to the industry distribution chart, Sahaj Solar ranks #123 out of 984 companies in the Semiconductors industry, placing it in the top 12.5%.
Is Sahaj Solar's Return-on-Tangible-Equity too high?
Sahaj Solar's current Return-on-Tangible-Equity of 38.89% is 23% above median its 10-year median of 31.53. Over the past 10 years, this metric has ranged from a low of 6.46 to a high of 53.82. The Semiconductors industry median Return-on-Tangible-Equity is 5.24. Sahaj Solar's value of 38.89% is 642.2% above this industry median. Based on the distribution chart, Sahaj Solar ranks #123 out of 984 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Sahaj Solar has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Sahaj Solar's Return-on-Tangible-Equity compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Sahaj Solar ranks #123 out of 984 companies for Return-on-Tangible-Equity. This places Sahaj Solar in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.24. Sahaj Solar's value of 38.89% is 642.2% above this benchmark. Historically, Sahaj Solar's own Return-on-Tangible-Equity has ranged from 6.46 to 53.82 over the past decade. While the company's 10-year median is 31.53 vs. the industry median of 5.24, Sahaj Solar 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 5.24, based on 984 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. Sahaj Solar's current Return-on-Tangible-Equity of 38.89% is 642.2% 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 Sahaj Solar and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sahaj Solar's current Return-on-Tangible-Equity is 38.89%, which is 23% above median its own 10-year median of 31.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sahaj Solar stock overvalued right now?
Sahaj Solar (NSE:SAHAJSOLAR) has a current Return-on-Tangible-Equity of 38.89%. The current Return-on-Tangible-Equity is 38.89%, which is 23% above median its 10-year median of 31.53 and 642.2% above the Semiconductors industry median of 5.24. Sahaj Solar's overall GF Score™ is 44/100 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 Sahaj Solar (NSE:SAHAJSOLAR), the current Return-on-Tangible-Equity is 38.89% 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.
Sahaj Solar Ltd is a renewable energy solution provider engaged majorly into three businesses being manufacturing of PV modules, providing solar water pumping systems and providing EPC services to PAN India customers. Its product include Solar Panel, Solar Water Pump, Solar Mobile Trolleys, Solar Home Light and etc.
44GF Score
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