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Zen TechnologiesNSE:ZENTEC -0.74%92 Return-on-Tangible-Equity is 7.00% as of Mar. 2026, which is 36% below its 10-year median of 10.92. GuruFocus rates NSE:ZENTEC with a GF Score™ of 92/100 and a GF Value™ of ₹1,739.10 (Fairly Valued). The stock has 7 warning signs investors should review. Among 335 Aerospace & Defense companies, Zen Technologies ranks better than 57.01% 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. Zen Technologies's annualized net income for the quarter that ended in Mar. 2026 was ₹1,261 Mil. Zen Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹18,017 Mil. Therefore, Zen Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.00%.
The historical rank and industry rank for Zen Technologies's Return-on-Tangible-Equity or its related term are showing as below:
NSE:ZENTEC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.33 Med: 10.92 Max: 36.89
Current: 11.31
During the past 13 years, Zen Technologies's highest Return-on-Tangible-Equity was 36.89%. The lowest was -0.33%. And the median was 10.92%.
NSE:ZENTEC's Return-on-Tangible-Equity is ranked better than 57.01% of 335
companies
in the Aerospace & Defense industry
Industry Median: 8.1
vs NSE:ZENTEC: 11.31
Zen Technologies (NSE:ZENTEC) 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.
Zen Technologies Return-on-Tangible-Equity Related Terms
Zen Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Zen Technologies'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:ZENTEC vs SPCX, GE, RTX: Return-on-Tangible-Equity Comparison
For the Aerospace & Defense subindustry, Zen Technologies'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.
Zen Technologies Return-on-Tangible-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Zen Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zen Technologies'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 7.00% mean?
Zen Technologies (NSE:ZENTEC) has a Return-on-Tangible-Equity of 7.00% 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 Zen Technologies and its competitors. This is 36% below median its historical median of 10.92. According to the industry distribution chart, Zen Technologies ranks #144 out of 335 companies in the Aerospace & Defense industry, placing it in the top 43%.
Is Zen Technologies' Return-on-Tangible-Equity too high?
Zen Technologies' current Return-on-Tangible-Equity of 7.00% is 36% below median its 10-year median of 10.92. The Aerospace & Defense industry median Return-on-Tangible-Equity is 8.10. Zen Technologies' value of 7.00% is 13.6% below this industry median. Based on the distribution chart, Zen Technologies ranks #144 out of 335 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Zen Technologies has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zen Technologies' Return-on-Tangible-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Zen Technologies ranks #144 out of 335 companies for Return-on-Tangible-Equity. This puts Zen Technologies in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.10. Zen Technologies' value of 7.00% is 13.6% below this benchmark. While the company's 10-year median is 10.92 vs. the industry median of 8.10, Zen Technologies has consistently been below 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 an Aerospace & Defense company?
The median Return-on-Tangible-Equity among Aerospace & Defense companies is 8.10, based on 335 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. Zen Technologies's current Return-on-Tangible-Equity of 7.00% is 13.6% below 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 Zen Technologies and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Equity is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zen Technologies's current Return-on-Tangible-Equity is 7.00%, which is 36% below median its own 10-year median of 10.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zen Technologies stock overvalued right now?
Based on GuruFocus' analysis, Zen Technologies (NSE:ZENTEC) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,739.10, compared to a current price of ₹1,809.60 — trading 4.1% above its estimated fair value. The current Return-on-Tangible-Equity is 7.00%, which is 36% below median its 10-year median of 10.92 and 13.6% below the Aerospace & Defense industry median of 8.10. Zen Technologies' overall GF Score™ is 92/100 with 7 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 Zen Technologies (NSE:ZENTEC), the current Return-on-Tangible-Equity is 7.00% 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 Zen Technologies (NSE:ZENTEC) Overvalued in 2026?
Based on GuruFocus' analysis, Zen Technologies stock appears to be overvalued.
The current stock price of ₹1,809.60 is trading 4.1% above its estimated GF Value™ of ₹1,739.10.
GuruFocus considers Zen Technologies to be Fairly Valued.
Key valuation signals for NSE:ZENTEC:
Return-on-Tangible-Equity: 7.00% (36% below median its 10-year median of 10.92)
GF Value™: ₹1,739.10 vs. price of ₹1,809.60 (4.1% above fair value)
Industry Position: 13.6% below the Aerospace & Defense median (#144 of 335)
No single metric tells the full story. See the NSE:ZENTEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zen Technologies Ltd is engaged in the design, development, and manufacture of training simulators. The products of the company are; Weapon Simulator, Hand Grenade Simulator, Driving Training Simulator, BMP-II Driving Simulator, Forward Observer Simulator, Tactical Engagement Simulator and among others. The firm offers its products to police and paramilitary forces, armed forces, security forces, government departments, such as transport, mining, infrastructure, and civilian markets. The company caters to both domestic and international markets.
92GF Score
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