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GNG ElectronicsNSE:EBGNG -3.55%18 ROE % is 22.25% as of Mar. 2026, which is 34% below its 10-year median of 33.86. GuruFocus rates NSE:EBGNG with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 2,431 Hardware companies, GNG Electronics ranks better than 90.74% on this metric.
The historical rank and industry rank for GNG Electronics's ROE % or its related term are showing as below:
NSE:EBGNG'
s ROE % Range Over the Past 10 Years
Min: 20.6 Med: 33.86 Max: 37.95
Current: 20.6
During the past 5 years, GNG Electronics's highest ROE % was 37.95%. The lowest was 20.60%. And the median was 33.86%.
NSE:EBGNG's ROE % is ranked better than 90.74% of 2431
companies
in the Hardware industry
Industry Median: 4.66
vs NSE:EBGNG: 20.60
GNG Electronics (NSE:EBGNG) 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 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.
GNG Electronics ROE % Related Terms
GNG Electronics ROE % Historical Data
* Premium members only.
The historical data trend for GNG Electronics'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 Computer Hardware subindustry, GNG Electronics'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.
GNG Electronics ROE % vs Hardware Industry
For the Hardware industry and Technology sector, GNG Electronics's ROE % distribution charts can be found below:
* The bar in red indicates where GNG Electronics'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.
GNG Electronics (NSE:EBGNG) has a ROE % of 22.25% 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 GNG Electronics and its competitors. This is 34% below median its historical median of 33.86. Over the past decade, GNG Electronics' ROE % has ranged from 20.60 to 37.95. According to the industry distribution chart, GNG Electronics ranks #225 out of 2431 companies in the Hardware industry, placing it in the top 9.3%.
Is GNG Electronics' ROE % too high?
GNG Electronics' current ROE % of 22.25% is 34% below median its 10-year median of 33.86. Over the past 10 years, this metric has ranged from a low of 20.60 to a high of 37.95. The Hardware industry median ROE % is 4.66. GNG Electronics' value of 22.25% is 377.5% above this industry median. Based on the distribution chart, GNG Electronics ranks #225 out of 2431 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, GNG Electronics has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does GNG Electronics' ROE % compare to SNDK and DELL?
According to the Hardware industry distribution chart, GNG Electronics ranks #225 out of 2431 companies for ROE %. This places GNG Electronics in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 4.66. GNG Electronics' value of 22.25% is 377.5% above this benchmark. Historically, GNG Electronics' own ROE % has ranged from 20.60 to 37.95 over the past decade. While the company's 10-year median is 33.86 vs. the industry median of 4.66, GNG Electronics 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 ROE % for a Hardware company?
The median ROE % among Hardware companies is 4.66, based on 2,431 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. GNG Electronics's current ROE % of 22.25% is 377.5% 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 GNG Electronics and its competitors. For the Hardware industry, the median ROE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GNG Electronics's current ROE % is 22.25%, which is 34% below median its own 10-year median of 33.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GNG Electronics stock overvalued right now?
GNG Electronics (NSE:EBGNG) has a current ROE % of 22.25%. The current ROE % is 22.25%, which is 34% below median its 10-year median of 33.86 and 377.5% above the Hardware industry median of 4.66. GNG Electronics' overall GF Score™ is 18/100 with 5 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 GNG Electronics (NSE:EBGNG), the current ROE % is 22.25% 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.
GNG Electronics Ltd is engaged in information and communications technology (ICT) device refurbishment in India and globally, presence across India, the United States of America, the United Arab Emirates, and the Rest of the world. It offers Refurbished Laptops and Desktops, Environmentally Friendly Solutions, Reliable Warranty & Support, Assured Buyback, IT E-Waste Disposal, Leasing of Refurbished Devices, and Affordable Prices.
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