Ashoka BuildconBOM:533271 -0.98%84 Return-on-Tangible-Asset is 4.63% as of Mar. 2026, which is 35% above its 10-year median of 3.43. GuruFocus rates BOM:533271 with a GF Score™ of 84/100 and a GF Value™ of ₹150.51 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,777 Construction companies, Ashoka Buildcon ranks better than 93.81% 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. Ashoka Buildcon's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹5,726 Mil. Ashoka Buildcon's average total tangible assets for the quarter that ended in Mar. 2026 was ₹123,791 Mil. Therefore, Ashoka Buildcon's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.63%.
The historical rank and industry rank for Ashoka Buildcon's Return-on-Tangible-Asset or its related term are showing as below:
BOM:533271'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.33 Med: 3.43 Max: 15.73
Current: 15.02
During the past 13 years, Ashoka Buildcon's highest Return-on-Tangible-Asset was 15.73%. The lowest was -7.33%. And the median was 3.43%.
BOM:533271's Return-on-Tangible-Asset is ranked better than 93.81% of 1777
companies
in the Construction industry
Industry Median: 3
vs BOM:533271: 15.02
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.
Ashoka Buildcon Return-on-Tangible-Asset Related Terms
Ashoka Buildcon Return-on-Tangible-Asset Historical Data
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The historical data trend for Ashoka Buildcon'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:533271 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Ashoka Buildcon'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.
Ashoka Buildcon Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Ashoka Buildcon's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ashoka Buildcon'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 4.63% mean?
Ashoka Buildcon (BOM:533271) has a Return-on-Tangible-Asset of 4.63% 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 Ashoka Buildcon and its competitors. This is 35% above median its historical median of 3.43. According to the industry distribution chart, Ashoka Buildcon ranks #110 out of 1777 companies in the Construction industry, placing it in the top 6.2%.
Is Ashoka Buildcon's Return-on-Tangible-Asset too high?
Ashoka Buildcon's current Return-on-Tangible-Asset of 4.63% is 35% above median its 10-year median of 3.43. The Construction industry median Return-on-Tangible-Asset is 3.00. Ashoka Buildcon's value of 4.63% is 54.3% above this industry median. Based on the distribution chart, Ashoka Buildcon ranks #110 out of 1777 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ashoka Buildcon has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashoka Buildcon's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Ashoka Buildcon ranks #110 out of 1777 companies for Return-on-Tangible-Asset. This places Ashoka Buildcon in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.00. Ashoka Buildcon's value of 4.63% is 54.3% above this benchmark. While the company's 10-year median is 3.43 vs. the industry median of 3.00, Ashoka Buildcon 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.00, based on 1,777 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. Ashoka Buildcon's current Return-on-Tangible-Asset of 4.63% is 54.3% 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 Ashoka Buildcon and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashoka Buildcon's current Return-on-Tangible-Asset is 4.63%, which is 35% above median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka Buildcon stock overvalued right now?
Based on GuruFocus' analysis, Ashoka Buildcon (BOM:533271) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹150.51, compared to a current price of ₹130.90 — trading 13% below its estimated fair value. The current Return-on-Tangible-Asset is 4.63%, which is 35% above median its 10-year median of 3.43 and 54.3% above the Construction industry median of 3.00. Ashoka Buildcon's overall GF Score™ is 84/100 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 Ashoka Buildcon (BOM:533271), the current Return-on-Tangible-Asset is 4.63% 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 Ashoka Buildcon (BOM:533271) Overvalued in 2026?
Based on GuruFocus' analysis, Ashoka Buildcon stock appears to be undervalued.
The current stock price of ₹130.90 is trading 13% below its estimated GF Value™ of ₹150.51.
GuruFocus considers Ashoka Buildcon to be Modestly Undervalued.
Key valuation signals for BOM:533271:
Return-on-Tangible-Asset: 4.63% (35% above median its 10-year median of 3.43)
GF Value™: ₹150.51 vs. price of ₹130.90 (13% below fair value)
Industry Position: 54.3% above the Construction median (#110 of 1777)
No single metric tells the full story. See the BOM:533271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashoka Buildcon Ltd develops highways and is also active in power transmission and distribution. It operates in three segments: Construction and Contract Related Activities, which includes engineering, procurement, and construction of infrastructure projects; Build, Operate, and Transfer, which involves annuity-based infrastructure development under BOT and annuity models; and Sale of Goods, which mainly consists of the sale of construction materials, including RMC and real estate. The company operates across India, with the majority of its revenue generated from construction and contract-related activities.
84GF 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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