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Elnet TechnologiesBOM:517477 -0.87%75 Return-on-Tangible-Asset is 10.28% as of Jun. 2026, which is 4% below its 10-year median of 10.66. GuruFocus rates BOM:517477 with a GF Score™ of 75/100 and a GF Value™ of ₹414.34 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,800 Real Estate companies, Elnet Technologies ranks better than 93.44% 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. Elnet Technologies's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹201.1 Mil. Elnet Technologies's average total tangible assets for the quarter that ended in Jun. 2026 was ₹1,956.1 Mil. Therefore, Elnet Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 10.28%.
The historical rank and industry rank for Elnet Technologies's Return-on-Tangible-Asset or its related term are showing as below:
BOM:517477'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.19 Med: 10.66 Max: 11.55
Current: 10.85
During the past 13 years, Elnet Technologies's highest Return-on-Tangible-Asset was 11.55%. The lowest was 9.19%. And the median was 10.66%.
BOM:517477's Return-on-Tangible-Asset is ranked better than 93.44% of 1800
companies
in the Real Estate industry
Industry Median: 1.82
vs BOM:517477: 10.85
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.
Elnet Technologies Return-on-Tangible-Asset Related Terms
Elnet Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Elnet Technologies'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.
For the Real Estate - Diversified subindustry, Elnet Technologies'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.
Elnet Technologies Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Elnet Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Elnet Technologies'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 10.28% mean?
Elnet Technologies (BOM:517477) has a Return-on-Tangible-Asset of 10.28% 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 Elnet Technologies and its competitors. This is near median its historical median of 10.66. Over the past decade, Elnet Technologies' Return-on-Tangible-Asset has ranged from 9.19 to 11.55. According to the industry distribution chart, Elnet Technologies ranks #118 out of 1800 companies in the Real Estate industry, placing it in the top 6.6%.
Is Elnet Technologies' Return-on-Tangible-Asset too high?
Elnet Technologies' current Return-on-Tangible-Asset of 10.28% is near median its 10-year median of 10.66. Over the past 10 years, this metric has ranged from a low of 9.19 to a high of 11.55. The Real Estate industry median Return-on-Tangible-Asset is 1.82. Elnet Technologies' value of 10.28% is 464.8% above this industry median. Based on the distribution chart, Elnet Technologies ranks #118 out of 1800 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Elnet Technologies has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elnet Technologies' Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Elnet Technologies ranks #118 out of 1800 companies for Return-on-Tangible-Asset. This places Elnet Technologies in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.82. Elnet Technologies' value of 10.28% is 464.8% above this benchmark. Historically, Elnet Technologies' own Return-on-Tangible-Asset has ranged from 9.19 to 11.55 over the past decade. While the company's 10-year median is 10.66 vs. the industry median of 1.82, Elnet Technologies 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 a Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.82, based on 1,800 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. Elnet Technologies's current Return-on-Tangible-Asset of 10.28% is 464.8% 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 Elnet Technologies and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elnet Technologies's current Return-on-Tangible-Asset is 10.28%, which is near median its own 10-year median of 10.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elnet Technologies stock overvalued right now?
Based on GuruFocus' analysis, Elnet Technologies (BOM:517477) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹414.34, compared to a current price of ₹308.80 — trading 25.5% below its estimated fair value. The current Return-on-Tangible-Asset is 10.28%, which is near median its 10-year median of 10.66 and 464.8% above the Real Estate industry median of 1.82. Elnet Technologies' overall GF Score™ is 75/100 with 1 warning sign 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 Elnet Technologies (BOM:517477), the current Return-on-Tangible-Asset is 10.28% 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 Elnet Technologies (BOM:517477) Overvalued in 2026?
Based on GuruFocus' analysis, Elnet Technologies stock appears to be undervalued.
The current stock price of ₹308.80 is trading 25.5% below its estimated GF Value™ of ₹414.34.
GuruFocus considers Elnet Technologies to be Modestly Undervalued.
Key valuation signals for BOM:517477:
Return-on-Tangible-Asset: 10.28% (near median its 10-year median of 10.66)
GF Value™: ₹414.34 vs. price of ₹308.80 (25.5% below fair value)
Industry Position: 464.8% above the Real Estate median (#118 of 1800)
No single metric tells the full story. See the BOM:517477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elnet Technologies Ltd is engaged in providing integrated software technology park and Business Process Outsourcing Industries. The company also provides renting of office space. The company operates in developing and managing a Software Technology Park in India. The company operates in the segment of Developing and maintaining integrated software technology parks. Geographically, the group has a business presence in India.
75GF Score
Get the complete analysis for BOM:517477
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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