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Clean Max Enviro Energy Solutions (NSE:CLEANMAX) ROE % Explanation
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 two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
Clean Max Enviro Energy Solutions ROE % Related Terms
Clean Max Enviro Energy Solutions ROE % Historical Data
* 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.
Clean Max Enviro Energy Solutions ROE % Chart
Clean Max Enviro Energy Solutions Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
ROE %
-5.39
-2.04
1.27
2.61
Clean Max Enviro Energy Solutions Semi-Annual Data
Clean Max Enviro Energy Solutions ROE % Competitor Comparison
For the Utilities - Renewable subindustry, Clean Max Enviro Energy Solutions'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.
Clean Max Enviro Energy Solutions ROE % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Clean Max Enviro Energy Solutions's ROE % distribution charts can be found below:
* The bar in red indicates where Clean Max Enviro Energy Solutions'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 two times the semi-annual (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Clean Max Enviro Energy Solutions (NSE:CLEANMAX) has a ROE % of 4.55% 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 Clean Max Enviro Energy Solutions and its competitors. According to the industry distribution chart, Clean Max Enviro Energy Solutions ranks #236 out of 437 companies in the Utilities - Independent Power Producers industry, placing it in the top 54%.
Is Clean Max Enviro Energy Solutions' ROE % too high?
Clean Max Enviro Energy Solutions' current ROE % is 4.55%. The Utilities - Independent Power Producers industry median ROE % is 3.59. Clean Max Enviro Energy Solutions' value of 4.55% is 26.7% above this industry median. Based on the distribution chart, Clean Max Enviro Energy Solutions ranks #236 out of 437 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Clean Max Enviro Energy Solutions has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Clean Max Enviro Energy Solutions' ROE % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Clean Max Enviro Energy Solutions ranks #236 out of 437 companies for ROE %. This places Clean Max Enviro Energy Solutions in the lower half of its industry. The industry median ROE % is 3.59. Clean Max Enviro Energy Solutions' value of 4.55% is 26.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Utilities - Independent Power Producers company?
The median ROE % among Utilities - Independent Power Producers companies is 3.59, based on 437 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clean Max Enviro Energy Solutions's current ROE % of 4.55% is 26.7% 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 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 Clean Max Enviro Energy Solutions and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Max Enviro Energy Solutions's current ROE % is 4.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Max Enviro Energy Solutions stock overvalued right now?
Clean Max Enviro Energy Solutions (NSE:CLEANMAX) has a current ROE % of 4.55%. The current ROE % is 4.55% and 26.7% above the Utilities - Independent Power Producers industry median of 3.59. Clean Max Enviro Energy Solutions' overall GF Score™ is 10/100 with 7 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 Clean Max Enviro Energy Solutions (NSE:CLEANMAX), the current ROE % is 4.55% 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.
Clean Max Enviro Energy Solutions Ltd operates as a provider of commercial and industrial renewable energy. It specializes in delivering Net Zero and decarbonization solutions, including supplying renewable power and offering energy services and carbon credit solutions to customers across data centres, AI and technology industries and commercial and industrial enterprises across a range of sectors, including infrastructure, cement, steel, industrial manufacturing, FMCG, pharmaceuticals, and real estate. The company's two business segments are: (i) Renewable Energy Power Sales Segment, and (ii) Renewable Energy Services Segment. The majority of the company's revenue is derived from the Renewable Energy Power Sales Segment, which is focused on the sale of electricity.
10GF Score
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