Hindalco IndustriesHNDNF 80 ROE % is 7.61% as of Mar. 2026, which is 25% below its 10-year median of 10.20. GuruFocus rates HNDNF with a GF Score™ of 80/100 and a GF Value™ of $2.45. The stock has 2 warning signs investors should review. Among 2,389 Metals & Mining companies, Hindalco Industries ranks better than 82.21% on this metric.
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
Hindalco Industries ROE % Related Terms
Hindalco Industries ROE % Historical Data
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The historical data trend for Hindalco Industries's ROE % 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.
For the Aluminum subindustry, Hindalco Industries's ROE %, along with its competitors' market caps and ROE % 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.
Hindalco Industries ROE % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hindalco Industries's ROE % distribution charts can be found below:
* The bar in red indicates where Hindalco Industries's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
Hindalco Industries (HNDNF) has a ROE % of 7.61% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Hindalco Industries and its competitors. This is 25% below median its historical median of 10.20. Over the past decade, Hindalco Industries' ROE % has ranged from 4.38 to 18.97. According to the industry distribution chart, Hindalco Industries ranks #425 out of 2389 companies in the Metals & Mining industry, placing it in the top 17.8%.
Is Hindalco Industries' ROE % too high?
Hindalco Industries' current ROE % of 7.61% is 25% below median its 10-year median of 10.20. Over the past 10 years, this metric has ranged from a low of 4.38 to a high of 18.97. Based on the distribution chart, Hindalco Industries ranks #425 out of 2389 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Hindalco Industries has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Hindalco Industries' ROE % compare to AA?
According to the Metals & Mining industry distribution chart, Hindalco Industries ranks #425 out of 2389 companies for ROE %. This places Hindalco Industries in the top 18% of its industry — outperforming the majority of peers. Historically, Hindalco Industries' own ROE % has ranged from 4.38 to 18.97 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 ROE % for a Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Hindalco Industries and its competitors. Hindalco Industries's current ROE % is 7.61%, which is 25% below median its own 10-year median of 10.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindalco Industries stock overvalued right now?
Hindalco Industries (HNDNF) has a current ROE % of 7.61%. The stock's GF Value™ is $2.45, compared to a current price of $2.95 — trading 20.4% above its estimated fair value. The current ROE % is 7.61%, which is 25% below median its 10-year median of 10.20. Hindalco Industries' overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Hindalco Industries (HNDNF), the current ROE % is 7.61% 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 Hindalco Industries (HNDNF) Overvalued in 2026?
Based on GuruFocus' analysis, Hindalco Industries stock appears to be overvalued.
The current stock price of $2.95 is trading 20.4% above its estimated GF Value™ of $2.45.
Key valuation signals for HNDNF:
ROE %: 7.61% (25% below median its 10-year median of 10.20)
GF Value™: $2.45 vs. price of $2.95 (20.4% above fair value)
No single metric tells the full story. See the HNDNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindalco Industries Ltd extracts raw materials and produces and sells industrial metals in the below segments: Copper, Aluminum Upstream and Aluminium Downstream, Novelis, and all other Segment. The Copper segment purchases raw materials and produces continuous cast copper rods, copper cathodes, sulphuric acid, gold, and silver. The firm hedges its copper and other precious metals costs through futures contracts in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. The Aluminum segment mines bauxite and produces hydrate and alumina, aluminum, and aluminum-based products. The majority of Hindalco's revenue comes from India. The firm is also expanding internationally with sales and operations across the globe.
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