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Krishanveer ForgeBOM:513369 -3.00%76 Return-on-Tangible-Asset is 11.66% as of Jun. 2026, which is 43% above its 10-year median of 8.15. GuruFocus rates BOM:513369 with a GF Score™ of 76/100 and a GF Value™ of ₹127.78 (Fairly Valued). Among 3,093 Industrial Products companies, Krishanveer Forge ranks better than 95.76% on this metric.
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. Krishanveer Forge's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹79.8 Mil. Krishanveer Forge's average total tangible assets for the quarter that ended in Jun. 2026 was ₹684.5 Mil. Therefore, Krishanveer Forge's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 11.66%.
The historical rank and industry rank for Krishanveer Forge's Return-on-Tangible-Asset or its related term are showing as below:
BOM:513369'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.18 Med: 8.15 Max: 18.36
Current: 18.16
During the past 13 years, Krishanveer Forge's highest Return-on-Tangible-Asset was 18.36%. The lowest was -12.18%. And the median was 8.15%.
BOM:513369's Return-on-Tangible-Asset is ranked better than 95.76% of 3093
companies
in the Industrial Products industry
Industry Median: 3.35
vs BOM:513369: 18.16
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.
Krishanveer Forge Return-on-Tangible-Asset Related Terms
Krishanveer Forge Return-on-Tangible-Asset Historical Data
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The historical data trend for Krishanveer Forge'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:513369 vs ATI, CRS, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, Krishanveer Forge'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.
Krishanveer Forge Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Krishanveer Forge's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Krishanveer Forge'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 11.66% mean?
Krishanveer Forge (BOM:513369) has a Return-on-Tangible-Asset of 11.66% 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 Krishanveer Forge and its competitors. This is 43% above median its historical median of 8.15. According to the industry distribution chart, Krishanveer Forge ranks #131 out of 3093 companies in the Industrial Products industry, placing it in the top 4.2%.
Is Krishanveer Forge's Return-on-Tangible-Asset too high?
Krishanveer Forge's current Return-on-Tangible-Asset of 11.66% is 43% above median its 10-year median of 8.15. The Industrial Products industry median Return-on-Tangible-Asset is 3.35. Krishanveer Forge's value of 11.66% is 248.1% above this industry median. Based on the distribution chart, Krishanveer Forge ranks #131 out of 3093 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Krishanveer Forge has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Krishanveer Forge's Return-on-Tangible-Asset compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Krishanveer Forge ranks #131 out of 3093 companies for Return-on-Tangible-Asset. This places Krishanveer Forge in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.35. Krishanveer Forge's value of 11.66% is 248.1% above this benchmark. While the company's 10-year median is 8.15 vs. the industry median of 3.35, Krishanveer Forge 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 Return-on-Tangible-Asset for an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.35, based on 3,093 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. Krishanveer Forge's current Return-on-Tangible-Asset of 11.66% is 248.1% 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 Krishanveer Forge and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krishanveer Forge's current Return-on-Tangible-Asset is 11.66%, which is 43% above median its own 10-year median of 8.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krishanveer Forge stock overvalued right now?
Based on GuruFocus' analysis, Krishanveer Forge (BOM:513369) is currently considered Fairly Valued. The stock's GF Value™ is ₹127.78, compared to a current price of ₹132.40 — trading 3.6% above its estimated fair value. The current Return-on-Tangible-Asset is 11.66%, which is 43% above median its 10-year median of 8.15 and 248.1% above the Industrial Products industry median of 3.35. Krishanveer Forge's overall GF Score™ is 76/100. 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 Krishanveer Forge (BOM:513369), the current Return-on-Tangible-Asset is 11.66% 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 Krishanveer Forge (BOM:513369) Overvalued in 2026?
Based on GuruFocus' analysis, Krishanveer Forge stock appears to be overvalued.
The current stock price of ₹132.40 is trading 3.6% above its estimated GF Value™ of ₹127.78.
GuruFocus considers Krishanveer Forge to be Fairly Valued.
Key valuation signals for BOM:513369:
Return-on-Tangible-Asset: 11.66% (43% above median its 10-year median of 8.15)
GF Value™: ₹127.78 vs. price of ₹132.40 (3.6% above fair value)
Industry Position: 248.1% above the Industrial Products median (#131 of 3093)
No single metric tells the full story. See the BOM:513369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Krishanveer Forge Ltd is engaged in the business of manufacturing and selling open die forging facilities catering across industries including oil and Gas, infrastructure, Power transmission, mining, and construction. It has one segment namely, the manufacture of forgings. The products in which the company deals are mill roller shafts, gear shafts, tail bars, gear rings, blanks, table rolls, pinions, spindles, elongator rolls, wobblers, and gearing components. Geographically, it derives a majority of its revenue from India.
76GF Score
Get the complete analysis for BOM:513369
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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