Goldstar PowerNSE:GOLDSTAR 66 ROE % is 7.77% as of Mar. 2025, which is 74% above its 10-year median of 4.46. GuruFocus rates NSE:GOLDSTAR with a GF Score™ of 66/100 and a GF Value™ of ₹10.86 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 3,009 Industrial Products companies, Goldstar Power ranks better than 58.36% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Goldstar Power's annualized net income for the quarter that ended in Mar. 2025 was ₹22.8 Mil. Goldstar Power's average Total Stockholders Equity over the quarter that ended in Mar. 2025 was ₹293.3 Mil. Therefore, Goldstar Power's annualized ROE % for the quarter that ended in Mar. 2025 was 7.77%.
The historical rank and industry rank for Goldstar Power's ROE % or its related term are showing as below:
NSE:GOLDSTAR'
s ROE % Range Over the Past 10 Years
Min: -3.62 Med: 4.46 Max: 16.73
Current: 7.77
During the past 13 years, Goldstar Power's highest ROE % was 16.73%. The lowest was -3.62%. And the median was 4.46%.
NSE:GOLDSTAR's ROE % is ranked better than 58.36% of 3009
companies
in the Industrial Products industry
Industry Median: 5.91
vs NSE:GOLDSTAR: 7.77
Goldstar Power (NSE:GOLDSTAR) 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 one times the annual (Mar. 2025) net income data. The Revenue data used here is one times the annual (Mar. 2025) 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.
Goldstar Power ROE % Related Terms
Goldstar Power ROE % Historical Data
* Premium members only.
The historical data trend for Goldstar Power'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 Electrical Equipment & Parts subindustry, Goldstar Power'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.
Goldstar Power ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Goldstar Power's ROE % distribution charts can be found below:
* The bar in red indicates where Goldstar Power'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 one times the annual (Mar. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Goldstar Power (NSE:GOLDSTAR) has a ROE % of 7.77% as of Mar. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Goldstar Power and its competitors. This is 74% above median its historical median of 4.46. According to the industry distribution chart, Goldstar Power ranks #1253 out of 3009 companies in the Industrial Products industry, placing it in the top 41.6%.
Is Goldstar Power's ROE % too high?
Goldstar Power's current ROE % of 7.77% is 74% above median its 10-year median of 4.46. The Industrial Products industry median ROE % is 5.91. Goldstar Power's value of 7.77% is 31.5% above this industry median. Based on the distribution chart, Goldstar Power ranks #1253 out of 3009 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Goldstar Power has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldstar Power's ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Goldstar Power ranks #1253 out of 3009 companies for ROE %. This puts Goldstar Power in the upper half of its industry. The industry median ROE % is 5.91. Goldstar Power's value of 7.77% is 31.5% above this benchmark. While the company's 10-year median is 4.46 vs. the industry median of 5.91, Goldstar Power 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.91, based on 3,009 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. Goldstar Power's current ROE % of 7.77% is 31.5% 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 Goldstar Power and its competitors. For the Industrial Products industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldstar Power's current ROE % is 7.77%, which is 74% above median its own 10-year median of 4.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldstar Power stock overvalued right now?
Based on GuruFocus' analysis, Goldstar Power (NSE:GOLDSTAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹10.86, compared to a current price of ₹7.85 — trading 27.7% below its estimated fair value. The current ROE % is 7.77%, which is 74% above median its 10-year median of 4.46 and 31.5% above the Industrial Products industry median of 5.91. Goldstar Power's overall GF Score™ is 66/100 with 3 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 Goldstar Power (NSE:GOLDSTAR), the current ROE % is 7.77% as of Mar. 2025. 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 Goldstar Power (NSE:GOLDSTAR) Overvalued in 2026?
Based on GuruFocus' analysis, Goldstar Power stock appears to be undervalued.
The current stock price of ₹7.85 is trading 27.7% below its estimated GF Value™ of ₹10.86.
GuruFocus considers Goldstar Power to be Modestly Undervalued.
Key valuation signals for NSE:GOLDSTAR:
ROE %: 7.77% (74% above median its 10-year median of 4.46)
GF Value™: ₹10.86 vs. price of ₹7.85 (27.7% below fair value)
Industry Position: 31.5% above the Industrial Products median (#1253 of 3009)
No single metric tells the full story. See the NSE:GOLDSTAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goldstar Power Ltd is a battery manufacturing company. It sells its products under the brand GOLDSTAR that includes Fully Automotive Batteries for Car, Tractor, and Heavy Duty Trucks, Tubular Batteries for E-Rickshaw, SMF-VRLA Batteries for UPS Application, Motorcycle Batteries, Solar Batteries, Pure Lead, and Alloy. The company has two reportable segments: Manufacturing of Battery, Lead Alloy, and Trading of Inverter, Chemicals & other battery related equipment. Key revenue is generated from the Manufacturing of Battery, Lead Alloy segment.
66GF Score
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