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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. Starlite Components's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹-4.19 Mil. Starlite Components's average total tangible assets for the quarter that ended in Jun. 2026 was ₹19.70 Mil. Therefore, Starlite Components's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -21.26%.
The historical rank and industry rank for Starlite Components's Return-on-Tangible-Asset or its related term are showing as below:
BOM:517548'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -49.66 Med: -2.67 Max: 183.07
Current: -5.42
During the past 13 years, Starlite Components's highest Return-on-Tangible-Asset was 183.07%. The lowest was -49.66%. And the median was -2.67%.
BOM:517548's Return-on-Tangible-Asset is not ranked
in the Industrial Products industry.
Industry Median: 3.43
vs BOM:517548: -5.42
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.
Starlite Components Return-on-Tangible-Asset Related Terms
Starlite Components Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Starlite Components'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:517548 vs HUBB, VRT: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Starlite Components'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.
Starlite Components Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Starlite Components's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Starlite Components'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 -21.26% mean?
Starlite Components (BOM:517548) has a Return-on-Tangible-Asset of -21.26% 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 Starlite Components and its competitors.
Is Starlite Components' Return-on-Tangible-Asset too high?
Starlite Components' current Return-on-Tangible-Asset is -21.26%. Overall, Starlite Components has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Starlite Components' Return-on-Tangible-Asset compare to HUBB and VRT?
Starlite Components' Return-on-Tangible-Asset of -21.26% can be compared against companies in the Industrial Products industry. The industry median Return-on-Tangible-Asset is 3.43. 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. 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 Starlite Components 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. Starlite Components's current Return-on-Tangible-Asset is -21.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starlite Components stock overvalued right now?
Starlite Components (BOM:517548) has a current Return-on-Tangible-Asset of -21.26%. The stock's GF Value™ is ₹5.68, compared to a current price of ₹3.64 — trading 35.9% below its estimated fair value. The current Return-on-Tangible-Asset is -21.26%. Starlite Components' overall GF Score™ is 12/100 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 Starlite Components (BOM:517548), the current Return-on-Tangible-Asset is -21.26% 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 Starlite Components (BOM:517548) Overvalued in 2026?
Based on GuruFocus' analysis, Starlite Components stock appears to be undervalued.
The current stock price of ₹3.64 is trading 35.9% below its estimated GF Value™ of ₹5.68.
Key valuation signals for BOM:517548:
Return-on-Tangible-Asset: -21.26%
GF Value™: ₹5.68 vs. price of ₹3.64 (35.9% below fair value)
No single metric tells the full story. See the BOM:517548 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Starlite Components Ltd is an Indian company engaged in the manufacturing of electronic ballast and LED (Light Emitting Diode) products. It also manufactures lamp components and drivers, lighting fixtures, fittings, and LED lamps. The product line of the company includes a variety of LED lamps such as integrated spiral, integrated stick, non-integrated stick, CFL lamps, induction lamps, and incandescent lamps. The company also manufactures luminaires such as facades, floodlights, streetlights, underwater, bollard, and others. Its other products include accessories such as ballasts and igniters, drivers and transformers, LED modules, switches, and connectors.
12GF Score
Get the complete analysis for BOM:517548
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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