NTPC Green EnergyNSE:NTPCGREEN +1.11%10 ROE % is 4.16% as of Mar. 2026, which is 13% above its 10-year median of 3.68. GuruFocus rates NSE:NTPCGREEN with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 433 Utilities - Independent Power Producers companies, NTPC Green Energy ranks worse than 54.97% on this metric.
NTPC Green Energy (NSE:NTPCGREEN) 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.
NTPC Green Energy ROE % Related Terms
NTPC Green Energy ROE % Historical Data
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The historical data trend for NTPC Green Energy'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 Utilities - Renewable subindustry, NTPC Green Energy'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.
NTPC Green Energy ROE % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, NTPC Green Energy's ROE % distribution charts can be found below:
* The bar in red indicates where NTPC Green Energy'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.
NTPC Green Energy (NSE:NTPCGREEN) has a ROE % of 4.16% 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 NTPC Green Energy and its competitors. This is 13% above median its historical median of 3.68. Over the past decade, NTPC Green Energy's ROE % has ranged from 2.79 to 6.17. According to the industry distribution chart, NTPC Green Energy ranks #238 out of 433 companies in the Utilities - Independent Power Producers industry, placing it in the top 55%.
Is NTPC Green Energy's ROE % too high?
NTPC Green Energy's current ROE % of 4.16% is 13% above median its 10-year median of 3.68. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 6.17. The Utilities - Independent Power Producers industry median ROE % is 3.80. NTPC Green Energy's value of 4.16% is 9.5% above this industry median. Based on the distribution chart, NTPC Green Energy ranks #238 out of 433 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, NTPC Green Energy has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does NTPC Green Energy's ROE % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, NTPC Green Energy ranks #238 out of 433 companies for ROE %. This places NTPC Green Energy in the lower half of its industry. The industry median ROE % is 3.80. NTPC Green Energy's value of 4.16% is 9.5% above this benchmark. Historically, NTPC Green Energy's own ROE % has ranged from 2.79 to 6.17 over the past decade. While the company's 10-year median is 3.68 vs. the industry median of 3.80, NTPC Green Energy 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 Utilities - Independent Power Producers company?
The median ROE % among Utilities - Independent Power Producers companies is 3.80, based on 433 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. NTPC Green Energy's current ROE % of 4.16% is 9.5% 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 NTPC Green Energy and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTPC Green Energy's current ROE % is 4.16%, which is 13% above median its own 10-year median of 3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTPC Green Energy stock overvalued right now?
NTPC Green Energy (NSE:NTPCGREEN) has a current ROE % of 4.16%. The current ROE % is 4.16%, which is 13% above median its 10-year median of 3.68 and 9.5% above the Utilities - Independent Power Producers industry median of 3.80. NTPC Green Energy's overall GF Score™ is 10/100 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 NTPC Green Energy (NSE:NTPCGREEN), the current ROE % is 4.16% 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.
NTPC Green Energy Ltd is a renewable energy public sector enterprise. It is engaged in the business of power generation through non-conventional, renewable energy sources in all its aspects, whether wind, hydro, solar, tidal, geothermal, biomass, wave, waste, hybrid, or any other form, and production of green molecules, etc. Geographically, the company's operations are mainly carried out within India.
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