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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. Sudal Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹23 Mil. Sudal Industries's average total tangible assets for the quarter that ended in Mar. 2026 was ₹632 Mil. Therefore, Sudal Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.69%.
The historical rank and industry rank for Sudal Industries's Return-on-Tangible-Asset or its related term are showing as below:
BOM:506003'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -50.38 Med: -13.64 Max: 207.43
Current: -1.46
During the past 13 years, Sudal Industries's highest Return-on-Tangible-Asset was 207.43%. The lowest was -50.38%. And the median was -13.64%.
BOM:506003's Return-on-Tangible-Asset is ranked better than 72.69% of 2669
companies
in the Metals & Mining industry
Industry Median: -16.89
vs BOM:506003: -1.46
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.
Sudal Industries Return-on-Tangible-Asset Related Terms
Sudal Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sudal Industries'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.
BOM:506003 vs AA: Return-on-Tangible-Asset Comparison
For the Aluminum subindustry, Sudal Industries'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.
Sudal Industries Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Sudal Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sudal Industries'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.69% mean?
Sudal Industries (BOM:506003) has a Return-on-Tangible-Asset of 3.69% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Sudal Industries and its competitors. According to the industry distribution chart, Sudal Industries ranks #729 out of 2669 companies in the Metals & Mining industry, placing it in the top 27.3%.
Is Sudal Industries' Return-on-Tangible-Asset too high?
Sudal Industries' current Return-on-Tangible-Asset is 3.69%. Based on the distribution chart, Sudal Industries ranks #729 out of 2669 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Sudal Industries has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sudal Industries' Return-on-Tangible-Asset compare to AA?
According to the Metals & Mining industry distribution chart, Sudal Industries ranks #729 out of 2669 companies for Return-on-Tangible-Asset. This puts Sudal Industries in the upper half of its industry. 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 Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining industry context. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Sudal Industries and its competitors. Sudal Industries's current Return-on-Tangible-Asset is 3.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sudal Industries stock overvalued right now?
Based on GuruFocus' analysis, Sudal Industries (BOM:506003) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹55.48, compared to a current price of ₹37.78 — trading 31.9% below its estimated fair value. The current Return-on-Tangible-Asset is 3.69%. Sudal Industries' overall GF Score™ is 53/100 with 2 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 Sudal Industries (BOM:506003), the current Return-on-Tangible-Asset is 3.69% 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.
Is Sudal Industries (BOM:506003) Overvalued in 2026?
Based on GuruFocus' analysis, Sudal Industries stock appears to be undervalued.
The current stock price of ₹37.78 is trading 31.9% below its estimated GF Value™ of ₹55.48.
GuruFocus considers Sudal Industries to be Significantly Undervalued.
Key valuation signals for BOM:506003:
Return-on-Tangible-Asset: 3.69%
GF Value™: ₹55.48 vs. price of ₹37.78 (31.9% below fair value)
No single metric tells the full story. See the BOM:506003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sudal Industries Ltd is an India-based manufacturer and supplier of aluminum products. The company operates in the business of manufacturing and supplying aluminum extrusions and downstream value-added products. The company also manufactures and supplies aluminum alloys. The Products of the company are ladders, lugs, blooms, round tubes, square bars, equal angles, and others. The group generates the majority of the revenue from the sales of aluminum extrusions.
53GF Score
Get the complete analysis for BOM:506003
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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