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Sigma Advanced SystemsBOM:532408 +1.73%31 Return-on-Tangible-Asset is 14.21% as of Jun. 2026, which is 1552% above its 10-year median of 0.86. GuruFocus rates BOM:532408 with a GF Score™ of 31/100. The stock has 7 warning signs investors should review. Among 361 Aerospace & Defense companies, Sigma Advanced Systems ranks better than 98.61% 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. Sigma Advanced Systems's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹1,416 Mil. Sigma Advanced Systems's average total tangible assets for the quarter that ended in Jun. 2026 was ₹9,966 Mil. Therefore, Sigma Advanced Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 14.21%.
The historical rank and industry rank for Sigma Advanced Systems's Return-on-Tangible-Asset or its related term are showing as below:
BOM:532408'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.83 Med: 0.86 Max: 39.39
Current: 29.43
During the past 13 years, Sigma Advanced Systems's highest Return-on-Tangible-Asset was 39.39%. The lowest was -3.83%. And the median was 0.86%.
BOM:532408's Return-on-Tangible-Asset is ranked better than 98.61% of 361
companies
in the Aerospace & Defense industry
Industry Median: 2.89
vs BOM:532408: 29.43
Sigma Advanced Systems (BOM:532408) 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.
Sigma Advanced Systems Return-on-Tangible-Asset Related Terms
Sigma Advanced Systems Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sigma Advanced Systems'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.
Sigma Advanced Systems Return-on-Tangible-Asset Chart
BOM:532408 vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Sigma Advanced Systems'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.
Sigma Advanced Systems Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Sigma Advanced Systems's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sigma Advanced Systems'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 14.21% mean?
Sigma Advanced Systems (BOM:532408) has a Return-on-Tangible-Asset of 14.21% 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 Sigma Advanced Systems and its competitors. This is 1552% above median its historical median of 0.86. According to the industry distribution chart, Sigma Advanced Systems ranks #5 out of 361 companies in the Aerospace & Defense industry, placing it in the top 1.4%.
Is Sigma Advanced Systems' Return-on-Tangible-Asset too high?
Sigma Advanced Systems' current Return-on-Tangible-Asset of 14.21% is 1552% above median its 10-year median of 0.86. The Aerospace & Defense industry median Return-on-Tangible-Asset is 2.89. Sigma Advanced Systems' value of 14.21% is 391.7% above this industry median. Based on the distribution chart, Sigma Advanced Systems ranks #5 out of 361 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Sigma Advanced Systems has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Sigma Advanced Systems' Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Sigma Advanced Systems ranks #5 out of 361 companies for Return-on-Tangible-Asset. This places Sigma Advanced Systems in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.89. Sigma Advanced Systems' value of 14.21% is 391.7% above this benchmark. While the company's 10-year median is 0.86 vs. the industry median of 2.89, Sigma Advanced Systems 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 an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 2.89, based on 361 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. Sigma Advanced Systems's current Return-on-Tangible-Asset of 14.21% is 391.7% 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 Sigma Advanced Systems and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 2.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sigma Advanced Systems's current Return-on-Tangible-Asset is 14.21%, which is 1552% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sigma Advanced Systems stock overvalued right now?
Sigma Advanced Systems (BOM:532408) has a current Return-on-Tangible-Asset of 14.21%. The current Return-on-Tangible-Asset is 14.21%, which is 1552% above median its 10-year median of 0.86 and 391.7% above the Aerospace & Defense industry median of 2.89. Sigma Advanced Systems' overall GF Score™ is 31/100 with 7 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 Sigma Advanced Systems (BOM:532408), the current Return-on-Tangible-Asset is 14.21% 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.
Sigma Advanced Systems Ltd operates as a manufacturer and service provider of defense systems and security solutions. It specializes in the design, development, and production of defense and aerospace solutions. The company's portfolio includes avionics, naval systems, torpedo systems, communication systems, submarine platforms, radar systems, and counter-unmanned aerial systems for defence and homeland security applications.
31GF Score
Get the complete analysis for BOM:532408
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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