Refex Renewables & Infrastructure (BOM:531260) Return-on-Tangible-Asset: -2.59% (As of Jun. 2026)

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BOM:531260 Refex Renewables & Infrastructure Ltd BOM:531260
50 GF Score
Price ₹340.70
GF Value ₹430.88
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Refex Renewables & Infrastructure Return-on-Tangible-Asset?

Refex Renewables & Infrastructure BOM:531260 50 Return-on-Tangible-Asset is -2.59% as of Jun. 2026. GuruFocus rates BOM:531260 with a GF Score™ of 50/100 and a GF Value™ of ₹430.88 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,037 Semiconductors companies, Refex Renewables & Infrastructure ranks worse than 83.99% 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. Refex Renewables & Infrastructure's annualized Net Income for the quarter that ended in Jun. 2026 was ₹-124.0 Mil. Refex Renewables & Infrastructure's average total tangible assets for the quarter that ended in Jun. 2026 was ₹4,785.4 Mil. Therefore, Refex Renewables & Infrastructure's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -2.59%.

The historical rank and industry rank for Refex Renewables & Infrastructure's Return-on-Tangible-Asset or its related term are showing as below:

BOM:531260' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.28   Med: -6.15   Max: 22.42
Current: -7.98

During the past 13 years, Refex Renewables & Infrastructure's highest Return-on-Tangible-Asset was 22.42%. The lowest was -13.28%. And the median was -6.15%.

BOM:531260's Return-on-Tangible-Asset is ranked worse than
83.99% of 1037 companies
in the Semiconductors industry
Industry Median: 3.8 vs BOM:531260: -7.98

Refex Renewables & Infrastructure  (BOM:531260) Return-on-Tangible-Asset Explanation

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 company’s 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 company’s 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.


Refex Renewables & Infrastructure Return-on-Tangible-Asset Related Terms


Refex Renewables & Infrastructure Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Refex Renewables & Infrastructure'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.

Refex Renewables & Infrastructure Return-on-Tangible-Asset Chart

Refex Renewables & Infrastructure Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.52 -4.33 -4.77 -7.64 -8.78

Refex Renewables & Infrastructure Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.33 -12.09 -8.74 -8.33 -2.59

BOM:531260 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison

For the Semiconductors subindustry, Refex Renewables & Infrastructure'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.


Refex Renewables & Infrastructure Return-on-Tangible-Asset vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Refex Renewables & Infrastructure's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Refex Renewables & Infrastructure's Return-on-Tangible-Asset falls into.


BOM:531260
50GF Score
Refex Renewables & Infrastructure Ltd BOM:531260
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Refex Renewables & Infrastructure Return-on-Tangible-Asset Calculation

Refex Renewables & Infrastructure's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-420.326/( (4785.565+4785.427)/ 2 )
=-420.326/4785.496
=-8.78 %

Refex Renewables & Infrastructure's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=-124/( (4785.427+0)/ 1 )
=-124/4785.427
=-2.59 %

* 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 -2.59% mean?
Refex Renewables & Infrastructure (BOM:531260) has a Return-on-Tangible-Asset of -2.59% 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 Refex Renewables & Infrastructure and its competitors. According to the industry distribution chart, Refex Renewables & Infrastructure ranks #871 out of 1037 companies in the Semiconductors industry, placing it in the top 84%.
Is Refex Renewables & Infrastructure's Return-on-Tangible-Asset too high?
Refex Renewables & Infrastructure's current Return-on-Tangible-Asset is -2.59%. Based on the distribution chart, Refex Renewables & Infrastructure ranks #871 out of 1037 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Refex Renewables & Infrastructure has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Refex Renewables & Infrastructure's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Refex Renewables & Infrastructure ranks #871 out of 1037 companies for Return-on-Tangible-Asset. This places Refex Renewables & Infrastructure in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.80. 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 3.80, based on 1,037 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 Refex Renewables & Infrastructure and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Refex Renewables & Infrastructure's current Return-on-Tangible-Asset is -2.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refex Renewables & Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Refex Renewables & Infrastructure (BOM:531260) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹430.88, compared to a current price of ₹340.70 — trading 20.9% below its estimated fair value. The current Return-on-Tangible-Asset is -2.59%. Refex Renewables & Infrastructure's overall GF Score™ is 50/100 with 6 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 Refex Renewables & Infrastructure (BOM:531260), the current Return-on-Tangible-Asset is -2.59% 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 Refex Renewables & Infrastructure (BOM:531260) Overvalued in 2026?

Based on GuruFocus' analysis, Refex Renewables & Infrastructure stock appears to be undervalued. The current stock price of ₹340.70 is trading 20.9% below its estimated GF Value™ of ₹430.88. GuruFocus considers Refex Renewables & Infrastructure to be Modestly Undervalued.

Key valuation signals for BOM:531260:

  • Return-on-Tangible-Asset: -2.59%
  • GF Value™: ₹430.88 vs. price of ₹340.70 (20.9% below fair value)
  • GF Score™: 50/100 with 6 warning signs

No single metric tells the full story. See the BOM:531260 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Refex Renewables & Infrastructure Business Description

Address 67, Bazullah Road, T Nagar, Refex Building, Parthasarathy Puram, Chennai, TN, IND, 600017
Refex Renewables & Infrastructure Ltd is engaged in the business of rendering engineering, procurement and construction services in respect of ground solar power plants, solar water pumps and home systems. . The company segment includes (i) Engineering, procurement and construction 'EPC-Rural' - Supply, installation, commissioning and maintenance of solar water pumps and home systems. (ii) Engineering, procurement and construction 'EPC-Commercial and Industrial (C&I)' - Supply, installation, commissioning and maintenance of ground solar power plants and Rooftop. The Company has only one geographical segment viz., India.
50GF Score

Get the complete analysis for BOM:531260

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹340.70
Price
₹430.88
GF Value