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Simplex CastingsBOM:513472 -1.61%58 Return-on-Tangible-Asset is 13.92% as of Jun. 2026, which is 1413% above its 10-year median of 0.92. GuruFocus rates BOM:513472 with a GF Score™ of 58/100 and a GF Value™ of ₹68.88 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 3,089 Industrial Products companies, Simplex Castings ranks better than 90.03% 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. Simplex Castings's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹274 Mil. Simplex Castings's average total tangible assets for the quarter that ended in Jun. 2026 was ₹1,971 Mil. Therefore, Simplex Castings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 13.92%.
The historical rank and industry rank for Simplex Castings's Return-on-Tangible-Asset or its related term are showing as below:
BOM:513472'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.41 Med: 0.92 Max: 12.61
Current: 12.61
During the past 13 years, Simplex Castings's highest Return-on-Tangible-Asset was 12.61%. The lowest was -11.41%. And the median was 0.92%.
BOM:513472's Return-on-Tangible-Asset is ranked better than 90.03% of 3089
companies
in the Industrial Products industry
Industry Median: 3.43
vs BOM:513472: 12.61
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.
Simplex Castings Return-on-Tangible-Asset Related Terms
Simplex Castings Return-on-Tangible-Asset Historical Data
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The historical data trend for Simplex Castings'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:513472 vs ATI, CRS, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, Simplex Castings'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.
Simplex Castings Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Simplex Castings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Simplex Castings'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 13.92% mean?
Simplex Castings (BOM:513472) has a Return-on-Tangible-Asset of 13.92% 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 Simplex Castings and its competitors. This is 1413% above median its historical median of 0.92. According to the industry distribution chart, Simplex Castings ranks #308 out of 3089 companies in the Industrial Products industry, placing it in the top 10%.
Is Simplex Castings' Return-on-Tangible-Asset too high?
Simplex Castings' current Return-on-Tangible-Asset of 13.92% is 1413% above median its 10-year median of 0.92. The Industrial Products industry median Return-on-Tangible-Asset is 3.43. Simplex Castings' value of 13.92% is 305.8% above this industry median. Based on the distribution chart, Simplex Castings ranks #308 out of 3089 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Simplex Castings has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Simplex Castings' Return-on-Tangible-Asset compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Simplex Castings ranks #308 out of 3089 companies for Return-on-Tangible-Asset. This places Simplex Castings in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.43. Simplex Castings' value of 13.92% is 305.8% above this benchmark. While the company's 10-year median is 0.92 vs. the industry median of 3.43, Simplex Castings 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 3.43, based on 3,089 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. Simplex Castings's current Return-on-Tangible-Asset of 13.92% is 305.8% 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 Simplex Castings and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simplex Castings's current Return-on-Tangible-Asset is 13.92%, which is 1413% above median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simplex Castings stock overvalued right now?
Based on GuruFocus' analysis, Simplex Castings (BOM:513472) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹68.88, compared to a current price of ₹107.15 — trading 55.6% above its estimated fair value. The current Return-on-Tangible-Asset is 13.92%, which is 1413% above median its 10-year median of 0.92 and 305.8% above the Industrial Products industry median of 3.43. Simplex Castings' overall GF Score™ is 58/100 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 Simplex Castings (BOM:513472), the current Return-on-Tangible-Asset is 13.92% 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 Simplex Castings (BOM:513472) Overvalued in 2026?
Based on GuruFocus' analysis, Simplex Castings stock appears to be overvalued.
The current stock price of ₹107.15 is trading 55.6% above its estimated GF Value™ of ₹68.88.
GuruFocus considers Simplex Castings to be Significantly Overvalued.
Key valuation signals for BOM:513472:
Return-on-Tangible-Asset: 13.92% (1413% above median its 10-year median of 0.92)
GF Value™: ₹68.88 vs. price of ₹107.15 (55.6% above fair value)
Industry Position: 305.8% above the Industrial Products median (#308 of 3089)
No single metric tells the full story. See the BOM:513472 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Simplex Castings Ltd is an India-based company operating in the steel castings industry. It manufactures and sells iron cast equipment, fabricated equipment, steel, SG iron, special alloy cast equipment, forging quality ingots, and other related products. It has only one reportable segment which is Manufacturing of SG lron, Steel, Special Alloy Castings, C.l. Castings and Equipments. The company serves various industrial sectors like steel, railways, power, mining, cement, sugar, chemicals, earthmovers, machine tools, shipbuilding, oil and gas, and defense. Also, the firm offers work contract services. Some of its products include Coke Oven Doors & Assemblies, Sinter & Pallet Cars, Railway bogies, and Mould. The group sells its products in India and also exports internationally.
58GF Score
Get the complete analysis for BOM:513472
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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