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Surana SolarBOM:533298 -0.66%66 Return-on-Tangible-Asset is 32.31% as of Jun. 2026, which is 2734% above its 10-year median of 1.14. GuruFocus rates BOM:533298 with a GF Score™ of 66/100 and a GF Value™ of ₹44.54 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,039 Semiconductors companies, Surana Solar ranks better than 72.95% 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. Surana Solar's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹217.6 Mil. Surana Solar's average total tangible assets for the quarter that ended in Jun. 2026 was ₹673.6 Mil. Therefore, Surana Solar's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 32.31%.
The historical rank and industry rank for Surana Solar's Return-on-Tangible-Asset or its related term are showing as below:
BOM:533298'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.13 Med: 1.14 Max: 9.63
Current: 9.63
During the past 13 years, Surana Solar's highest Return-on-Tangible-Asset was 9.63%. The lowest was -2.13%. And the median was 1.14%.
BOM:533298's Return-on-Tangible-Asset is ranked better than 72.95% of 1039
companies
in the Semiconductors industry
Industry Median: 3.85
vs BOM:533298: 9.63
Surana Solar (BOM:533298) 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.
Surana Solar Return-on-Tangible-Asset Related Terms
Surana Solar Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Surana Solar'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:533298 vs FSLR, NXT, ENPH: Return-on-Tangible-Asset Comparison
For the Solar subindustry, Surana Solar'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.
Surana Solar Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Surana Solar's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Surana Solar'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 32.31% mean?
Surana Solar (BOM:533298) has a Return-on-Tangible-Asset of 32.31% 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 Surana Solar and its competitors. This is 2734% above median its historical median of 1.14. According to the industry distribution chart, Surana Solar ranks #281 out of 1039 companies in the Semiconductors industry, placing it in the top 27%.
Is Surana Solar's Return-on-Tangible-Asset too high?
Surana Solar's current Return-on-Tangible-Asset of 32.31% is 2734% above median its 10-year median of 1.14. The Semiconductors industry median Return-on-Tangible-Asset is 3.85. Surana Solar's value of 32.31% is 739.2% above this industry median. Based on the distribution chart, Surana Solar ranks #281 out of 1039 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Surana Solar has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Surana Solar's Return-on-Tangible-Asset compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Surana Solar ranks #281 out of 1039 companies for Return-on-Tangible-Asset. This puts Surana Solar in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.85. Surana Solar's value of 32.31% is 739.2% above this benchmark. While the company's 10-year median is 1.14 vs. the industry median of 3.85, Surana Solar 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 3.85, based on 1,039 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. Surana Solar's current Return-on-Tangible-Asset of 32.31% is 739.2% 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 Surana Solar and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 3.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surana Solar's current Return-on-Tangible-Asset is 32.31%, which is 2734% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surana Solar stock overvalued right now?
Based on GuruFocus' analysis, Surana Solar (BOM:533298) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹44.54, compared to a current price of ₹25.45 — trading 42.9% below its estimated fair value. The current Return-on-Tangible-Asset is 32.31%, which is 2734% above median its 10-year median of 1.14 and 739.2% above the Semiconductors industry median of 3.85. Surana Solar's overall GF Score™ is 66/100 with 3 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 Surana Solar (BOM:533298), the current Return-on-Tangible-Asset is 32.31% 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 Surana Solar (BOM:533298) Overvalued in 2026?
Based on GuruFocus' analysis, Surana Solar stock appears to be undervalued.
The current stock price of ₹25.45 is trading 42.9% below its estimated GF Value™ of ₹44.54.
GuruFocus considers Surana Solar to be Significantly Undervalued.
Key valuation signals for BOM:533298:
Return-on-Tangible-Asset: 32.31% (2734% above median its 10-year median of 1.14)
GF Value™: ₹44.54 vs. price of ₹25.45 (42.9% below fair value)
Industry Position: 739.2% above the Semiconductors median (#281 of 1039)
No single metric tells the full story. See the BOM:533298 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Surana Solar Ltd is engaged in the business of manufacturing solar panels/photovoltaic (PV) cells. The company is also engaged in the generation of wind power energy and the trading of other solar-related products. It operates through the following reportable segments: Solar Products, Trading and others, and Renewable Energy (Solar). The majority of the company's revenue is derived from the Solar and Traded products business, which involves the manufacturing and trading of Solar Photovoltaic (SPV) Modules and other related products. The Renewable Energy segment represents revenue derived from the generation of solar and wind power.
66GF Score
Get the complete analysis for BOM:533298
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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