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Metal Coatings (India)BOM:531810 +0.06%72 Return-on-Tangible-Asset is 5.47% as of Jun. 2026, which is 4% below its 10-year median of 5.69. GuruFocus rates BOM:531810 with a GF Score™ of 72/100 and a GF Value™ of ₹74.13 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 632 Steel companies, Metal Coatings (India) ranks better than 69.62% 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. Metal Coatings (India)'s annualizedNet Income for the quarter that ended in Jun. 2026 was ₹31 Mil. Metal Coatings (India)'s average total tangible assets for the quarter that ended in Jun. 2026 was ₹564 Mil. Therefore, Metal Coatings (India)'s annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 5.47%.
The historical rank and industry rank for Metal Coatings (India)'s Return-on-Tangible-Asset or its related term are showing as below:
BOM:531810'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.39 Med: 5.69 Max: 7.72
Current: 4.66
During the past 13 years, Metal Coatings (India)'s highest Return-on-Tangible-Asset was 7.72%. The lowest was 4.39%. And the median was 5.69%.
BOM:531810's Return-on-Tangible-Asset is ranked better than 69.62% of 632
companies
in the Steel industry
Industry Median: 2.4
vs BOM:531810: 4.66
Metal Coatings (India) (BOM:531810) 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 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.
Metal Coatings (India) Return-on-Tangible-Asset Related Terms
Metal Coatings (India) Return-on-Tangible-Asset Historical Data
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The historical data trend for Metal Coatings (India)'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.
Metal Coatings (India) Return-on-Tangible-Asset Chart
BOM:531810 vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Metal Coatings (India)'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.
Metal Coatings (India) Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Metal Coatings (India)'s Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Metal Coatings (India)'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 5.47% mean?
Metal Coatings (India) (BOM:531810) has a Return-on-Tangible-Asset of 5.47% 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 Metal Coatings (India) and its competitors. This is near median its historical median of 5.69. Over the past decade, Metal Coatings (India)'s Return-on-Tangible-Asset has ranged from 4.39 to 7.72. According to the industry distribution chart, Metal Coatings (India) ranks #192 out of 632 companies in the Steel industry, placing it in the top 30.4%.
Is Metal Coatings (India)'s Return-on-Tangible-Asset too high?
Metal Coatings (India)'s current Return-on-Tangible-Asset of 5.47% is near median its 10-year median of 5.69. Over the past 10 years, this metric has ranged from a low of 4.39 to a high of 7.72. The Steel industry median Return-on-Tangible-Asset is 2.40. Metal Coatings (India)'s value of 5.47% is 127.9% above this industry median. Based on the distribution chart, Metal Coatings (India) ranks #192 out of 632 companies in the Steel industry, which is above the industry midpoint. Overall, Metal Coatings (India) has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metal Coatings (India)'s Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Metal Coatings (India) ranks #192 out of 632 companies for Return-on-Tangible-Asset. This puts Metal Coatings (India) in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.40. Metal Coatings (India)'s value of 5.47% is 127.9% above this benchmark. Historically, Metal Coatings (India)'s own Return-on-Tangible-Asset has ranged from 4.39 to 7.72 over the past decade. While the company's 10-year median is 5.69 vs. the industry median of 2.40, Metal Coatings (India) 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.40, based on 632 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. Metal Coatings (India)'s current Return-on-Tangible-Asset of 5.47% is 127.9% 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 Metal Coatings (India) and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metal Coatings (India)'s current Return-on-Tangible-Asset is 5.47%, which is near median its own 10-year median of 5.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metal Coatings (India) stock overvalued right now?
Based on GuruFocus' analysis, Metal Coatings (India) (BOM:531810) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹74.13, compared to a current price of ₹52.94 — trading 28.6% below its estimated fair value. The current Return-on-Tangible-Asset is 5.47%, which is near median its 10-year median of 5.69 and 127.9% above the Steel industry median of 2.40. Metal Coatings (India)'s overall GF Score™ is 72/100 with 5 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 Metal Coatings (India) (BOM:531810), the current Return-on-Tangible-Asset is 5.47% 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 Metal Coatings (India) (BOM:531810) Overvalued in 2026?
Based on GuruFocus' analysis, Metal Coatings (India) stock appears to be undervalued.
The current stock price of ₹52.94 is trading 28.6% below its estimated GF Value™ of ₹74.13.
GuruFocus considers Metal Coatings (India) to be Modestly Undervalued.
Key valuation signals for BOM:531810:
Return-on-Tangible-Asset: 5.47% (near median its 10-year median of 5.69)
GF Value™: ₹74.13 vs. price of ₹52.94 (28.6% below fair value)
Industry Position: 127.9% above the Steel median (#192 of 632)
No single metric tells the full story. See the BOM:531810 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metal Coatings (India) Ltd is an Indian based company engaged in the manufacturing and sale of steel products. The company operates in single segment, i.e. iron & steel. Its products include cold rolled steel strips, hot rolled pickled oiled coils/strips, cold rolled flat wire strips, and galvanized wire and galvanized strips. These products are used by a wide range of user industries such as auto component, white goods and electrical equipment, and others.
72GF Score
Get the complete analysis for BOM:531810
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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