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Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Rathi Steel & Power's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹139 Mil. Rathi Steel & Power's average total tangible assets for the quarter that ended in Jun. 2026 was ₹3,272 Mil. Therefore, Rathi Steel & Power's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 4.25%.
The historical rank and industry rank for Rathi Steel & Power's Return-on-Tangible-Asset or its related term are showing as below:
BOM:504903'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -24.65 Med: -1.53 Max: 55.47
Current: 4.86
During the past 13 years, Rathi Steel & Power's highest Return-on-Tangible-Asset was 55.47%. The lowest was -24.65%. And the median was -1.53%.
BOM:504903's Return-on-Tangible-Asset is ranked better than 71.52% of 632
companies
in the Steel industry
Industry Median: 2.41
vs BOM:504903: 4.86
Rathi Steel & Power (BOM:504903) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Rathi Steel & Power Return-on-Tangible-Asset Related Terms
Rathi Steel & Power Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Rathi Steel & Power's Return-on-Tangible-Asset 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.
Rathi Steel & Power Return-on-Tangible-Asset Chart
BOM:504903 vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Rathi Steel & Power's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Rathi Steel & Power Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Rathi Steel & Power's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Rathi Steel & Power's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.25% mean?
Rathi Steel & Power (BOM:504903) has a Return-on-Tangible-Asset of 4.25% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Rathi Steel & Power and its competitors. According to the industry distribution chart, Rathi Steel & Power ranks #180 out of 632 companies in the Steel industry, placing it in the top 28.5%.
Is Rathi Steel & Power's Return-on-Tangible-Asset too high?
Rathi Steel & Power's current Return-on-Tangible-Asset is 4.25%. The Steel industry median Return-on-Tangible-Asset is 2.41. Rathi Steel & Power's value of 4.25% is 76.3% above this industry median. Based on the distribution chart, Rathi Steel & Power ranks #180 out of 632 companies in the Steel industry, which is above the industry midpoint. Overall, Rathi Steel & Power has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rathi Steel & Power's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Rathi Steel & Power ranks #180 out of 632 companies for Return-on-Tangible-Asset. This puts Rathi Steel & Power in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.41. Rathi Steel & Power's value of 4.25% is 76.3% 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 Return-on-Tangible-Asset for a Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.41, based on 632 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rathi Steel & Power's current Return-on-Tangible-Asset of 4.25% is 76.3% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Rathi Steel & Power and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rathi Steel & Power's current Return-on-Tangible-Asset is 4.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rathi Steel & Power stock overvalued right now?
Based on GuruFocus' analysis, Rathi Steel & Power (BOM:504903) is currently considered Possible Value Trap. The stock's GF Value™ is ₹35.56, compared to a current price of ₹23.40 — trading 34.2% below its estimated fair value. The current Return-on-Tangible-Asset is 4.25% and 76.3% above the Steel industry median of 2.41. Rathi Steel & Power's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Rathi Steel & Power (BOM:504903), the current Return-on-Tangible-Asset is 4.25% as of Jun. 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.
Is Rathi Steel & Power (BOM:504903) Overvalued in 2026?
Based on GuruFocus' analysis, Rathi Steel & Power stock appears to be undervalued.
The current stock price of ₹23.40 is trading 34.2% below its estimated GF Value™ of ₹35.56.
GuruFocus considers Rathi Steel & Power to be Possible Value Trap.
Key valuation signals for BOM:504903:
Return-on-Tangible-Asset: 4.25%
GF Value™: ₹35.56 vs. price of ₹23.40 (34.2% below fair value)
Industry Position: 76.3% above the Steel median (#180 of 632)
No single metric tells the full story. See the BOM:504903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rathi Steel & Power Ltd is engaged in manufacturing steel and steel-based products. Its products include rebars and wire rods which are used in all key concrete constructions such as buildings, bridges, reservoirs, roads, irrigation and power structures, dock and harbor structures, foundations, piles, and precast concrete.
61GF Score
Get the complete analysis for BOM:504903
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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