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Gallantt IspatBOM:532726 -0.77%64 Return-on-Tangible-Asset is 11.73% as of Mar. 2026, which is 34% above its 10-year median of 8.74. GuruFocus rates BOM:532726 with a GF Score™ of 64/100 and a GF Value™ of ₹351.87 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 631 Steel companies, Gallantt Ispat ranks better than 93.82% 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. Gallantt Ispat's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹4,913 Mil. Gallantt Ispat's average total tangible assets for the quarter that ended in Mar. 2026 was ₹41,872 Mil. Therefore, Gallantt Ispat's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.73%.
The historical rank and industry rank for Gallantt Ispat's Return-on-Tangible-Asset or its related term are showing as below:
BOM:532726'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.97 Med: 8.74 Max: 14.9
Current: 12.53
During the past 13 years, Gallantt Ispat's highest Return-on-Tangible-Asset was 14.90%. The lowest was 0.97%. And the median was 8.74%.
BOM:532726's Return-on-Tangible-Asset is ranked better than 93.82% of 631
companies
in the Steel industry
Industry Median: 2.39
vs BOM:532726: 12.53
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.
Gallantt Ispat Return-on-Tangible-Asset Related Terms
Gallantt Ispat Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Gallantt Ispat'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:532726 vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Gallantt Ispat'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.
Gallantt Ispat Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Gallantt Ispat's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Gallantt Ispat'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 11.73% mean?
Gallantt Ispat (BOM:532726) has a Return-on-Tangible-Asset of 11.73% 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 Gallantt Ispat and its competitors. This is 34% above median its historical median of 8.74. Over the past decade, Gallantt Ispat's Return-on-Tangible-Asset has ranged from 0.97 to 14.90. According to the industry distribution chart, Gallantt Ispat ranks #39 out of 631 companies in the Steel industry, placing it in the top 6.2%.
Is Gallantt Ispat's Return-on-Tangible-Asset too high?
Gallantt Ispat's current Return-on-Tangible-Asset of 11.73% is 34% above median its 10-year median of 8.74. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 14.90. The Steel industry median Return-on-Tangible-Asset is 2.39. Gallantt Ispat's value of 11.73% is 390.8% above this industry median. Based on the distribution chart, Gallantt Ispat ranks #39 out of 631 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Gallantt Ispat has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gallantt Ispat's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Gallantt Ispat ranks #39 out of 631 companies for Return-on-Tangible-Asset. This places Gallantt Ispat in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.39. Gallantt Ispat's value of 11.73% is 390.8% above this benchmark. Historically, Gallantt Ispat's own Return-on-Tangible-Asset has ranged from 0.97 to 14.90 over the past decade. While the company's 10-year median is 8.74 vs. the industry median of 2.39, Gallantt Ispat 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 2.39, based on 631 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. Gallantt Ispat's current Return-on-Tangible-Asset of 11.73% is 390.8% 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 Gallantt Ispat and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gallantt Ispat's current Return-on-Tangible-Asset is 11.73%, which is 34% above median its own 10-year median of 8.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gallantt Ispat stock overvalued right now?
Based on GuruFocus' analysis, Gallantt Ispat (BOM:532726) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹351.87, compared to a current price of ₹553.60 — trading 57.3% above its estimated fair value. The current Return-on-Tangible-Asset is 11.73%, which is 34% above median its 10-year median of 8.74 and 390.8% above the Steel industry median of 2.39. Gallantt Ispat's overall GF Score™ is 64/100 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 Gallantt Ispat (BOM:532726), the current Return-on-Tangible-Asset is 11.73% 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.
Is Gallantt Ispat (BOM:532726) Overvalued in 2026?
Based on GuruFocus' analysis, Gallantt Ispat stock appears to be overvalued.
The current stock price of ₹553.60 is trading 57.3% above its estimated GF Value™ of ₹351.87.
GuruFocus considers Gallantt Ispat to be Significantly Overvalued.
Key valuation signals for BOM:532726:
Return-on-Tangible-Asset: 11.73% (34% above median its 10-year median of 8.74)
GF Value™: ₹351.87 vs. price of ₹553.60 (57.3% above fair value)
Industry Position: 390.8% above the Steel median (#39 of 631)
No single metric tells the full story. See the BOM:532726 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gallantt Ispat Ltd is engaged in the manufacturing of Steel and Steel Products. Its product portfolio includes various iron and steel products such as sponge iron, billets, and TMT bars which find applications in sectors such as infrastructure, construction, and manufacturing. It is also engaged in the business of power generation. The company is predominantly engaged in a single reporting segment of Iron and Steel.
64GF Score
Get the complete analysis for BOM:532726
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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