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VSF ProjectsBOM:519331 -8.62%26 Return-on-Tangible-Asset is -0.38% as of Mar. 2026. GuruFocus rates BOM:519331 with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 1,786 Construction companies, VSF Projects ranks worse than 74.8% 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. VSF Projects's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹-7.28 Mil. VSF Projects's average total tangible assets for the quarter that ended in Mar. 2026 was ₹1,913.75 Mil. Therefore, VSF Projects's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.38%.
The historical rank and industry rank for VSF Projects's Return-on-Tangible-Asset or its related term are showing as below:
BOM:519331'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.37 Med: -0.17 Max: 44.61
Current: -0.23
During the past 13 years, VSF Projects's highest Return-on-Tangible-Asset was 44.61%. The lowest was -9.37%. And the median was -0.17%.
BOM:519331's Return-on-Tangible-Asset is ranked worse than 74.8% of 1786
companies
in the Construction industry
Industry Median: 3.055
vs BOM:519331: -0.23
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.
VSF Projects Return-on-Tangible-Asset Related Terms
VSF Projects Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for VSF Projects'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:519331 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, VSF Projects'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.
VSF Projects Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, VSF Projects's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where VSF Projects'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 -0.38% mean?
VSF Projects (BOM:519331) has a Return-on-Tangible-Asset of -0.38% 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 VSF Projects and its competitors. According to the industry distribution chart, VSF Projects ranks #1336 out of 1786 companies in the Construction industry, placing it in the top 74.8%.
Is VSF Projects' Return-on-Tangible-Asset too high?
VSF Projects' current Return-on-Tangible-Asset is -0.38%. Based on the distribution chart, VSF Projects ranks #1336 out of 1786 companies in the Construction industry, which is below the industry midpoint. Overall, VSF Projects has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does VSF Projects' Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, VSF Projects ranks #1336 out of 1786 companies for Return-on-Tangible-Asset. This places VSF Projects in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.06. 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,786 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 VSF Projects and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VSF Projects's current Return-on-Tangible-Asset is -0.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VSF Projects stock overvalued right now?
VSF Projects (BOM:519331) has a current Return-on-Tangible-Asset of -0.38%. The current Return-on-Tangible-Asset is -0.38%. VSF Projects' overall GF Score™ is 26/100 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 VSF Projects (BOM:519331), the current Return-on-Tangible-Asset is -0.38% 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.
VSF Projects Ltd operates as an integrated construction, infrastructure development, and execution company in India. It operates through one segment: Construction and Infrastructure development and aquaculture. The company offers engineering and construction services for various projects, including thermal, solar, irrigation, water supply, and industrial projects, as well as roads and bridges.
26GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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