Smarten Power SystemsNSE:SMARTEN -2.70%18 ROE % is 14.41% as of Mar. 2026, which is 68% below its 10-year median of 44.77. GuruFocus rates NSE:SMARTEN with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,004 Semiconductors companies, Smarten Power Systems ranks better than 76.99% on this metric.
The historical rank and industry rank for Smarten Power Systems's ROE % or its related term are showing as below:
NSE:SMARTEN'
s ROE % Range Over the Past 10 Years
Min: 14.41 Med: 44.77 Max: 56.11
Current: 14.41
During the past 5 years, Smarten Power Systems's highest ROE % was 56.11%. The lowest was 14.41%. And the median was 44.77%.
NSE:SMARTEN's ROE % is ranked better than 76.99% of 1004
companies
in the Semiconductors industry
Industry Median: 4.55
vs NSE:SMARTEN: 14.41
Smarten Power Systems (NSE:SMARTEN) 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. 2026) net income data. The Revenue data used here is one times the 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.
* 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.
Smarten Power Systems ROE % Chart
Smarten Power Systems Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Mar26
ROE %
46.60
44.77
56.11
39.72
14.41
Smarten Power Systems Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Mar26
ROE %
46.60
44.77
56.11
39.72
14.41
NSE:SMARTEN vs FSLR, NXT, ENPH: ROE % Comparison
For the Solar subindustry, Smarten Power Systems'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.
Smarten Power Systems ROE % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Smarten Power Systems's ROE % distribution charts can be found below:
* The bar in red indicates where Smarten Power Systems'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. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Smarten Power Systems (NSE:SMARTEN) has a ROE % of 14.41% 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 Smarten Power Systems and its competitors. This is 68% below median its historical median of 44.77. Over the past decade, Smarten Power Systems' ROE % has ranged from 14.41 to 56.11. According to the industry distribution chart, Smarten Power Systems ranks #231 out of 1004 companies in the Semiconductors industry, placing it in the top 23%.
Is Smarten Power Systems' ROE % too high?
Smarten Power Systems' current ROE % of 14.41% is 68% below median its 10-year median of 44.77. Over the past 10 years, this metric has ranged from a low of 14.41 to a high of 56.11. The Semiconductors industry median ROE % is 4.55. Smarten Power Systems' value of 14.41% is 216.7% above this industry median. Based on the distribution chart, Smarten Power Systems ranks #231 out of 1004 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Smarten Power Systems has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Smarten Power Systems' ROE % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Smarten Power Systems ranks #231 out of 1004 companies for ROE %. This places Smarten Power Systems in the top 23% of its industry — outperforming the majority of peers. The industry median ROE % is 4.55. Smarten Power Systems' value of 14.41% is 216.7% above this benchmark. Historically, Smarten Power Systems' own ROE % has ranged from 14.41 to 56.11 over the past decade. While the company's 10-year median is 44.77 vs. the industry median of 4.55, Smarten Power Systems 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 Semiconductors company?
The median ROE % among Semiconductors companies is 4.55, based on 1,004 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. Smarten Power Systems's current ROE % of 14.41% is 216.7% 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 Smarten Power Systems and its competitors. For the Semiconductors industry, the median ROE % is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smarten Power Systems's current ROE % is 14.41%, which is 68% below median its own 10-year median of 44.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smarten Power Systems stock overvalued right now?
Smarten Power Systems (NSE:SMARTEN) has a current ROE % of 14.41%. The current ROE % is 14.41%, which is 68% below median its 10-year median of 44.77 and 216.7% above the Semiconductors industry median of 4.55. Smarten Power Systems' overall GF Score™ is 18/100 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 Smarten Power Systems (NSE:SMARTEN), the current ROE % is 14.41% 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.
Smarten Power Systems Ltd is engaged into designing and assembling of power back-up and developed solar power products such as Home UPS systems, solar inverters, solar power conditioning units (PCUs), solar charge controllers. It is also engaged in the trading of solar panels and batteries. It sells its products through its distributors within India. Currently, The Company is operating in 23 states and 2 union territories within India and has also established footprint in over 18 countries which includes Middle East, Africa, and South Asia region.
18GF Score
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