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Tijaria PolypipesBOM:533629 +16.98%16 Return-on-Tangible-Asset is -2.96% as of Jun. 2026. GuruFocus rates BOM:533629 with a GF Score™ of 16/100. Among 1,788 Construction companies, Tijaria Polypipes ranks worse than 80.59% 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. Tijaria Polypipes's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹-14.44 Mil. Tijaria Polypipes's average total tangible assets for the quarter that ended in Jun. 2026 was ₹487.71 Mil. Therefore, Tijaria Polypipes's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -2.96%.
The historical rank and industry rank for Tijaria Polypipes's Return-on-Tangible-Asset or its related term are showing as below:
BOM:533629'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -26.38 Med: -12.26 Max: 5.56
Current: -2.71
During the past 13 years, Tijaria Polypipes's highest Return-on-Tangible-Asset was 5.56%. The lowest was -26.38%. And the median was -12.26%.
BOM:533629's Return-on-Tangible-Asset is ranked worse than 80.59% of 1788
companies
in the Construction industry
Industry Median: 3.03
vs BOM:533629: -2.71
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.
Tijaria Polypipes Return-on-Tangible-Asset Related Terms
Tijaria Polypipes Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tijaria Polypipes'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:533629 vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Tijaria Polypipes'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.
Tijaria Polypipes Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Tijaria Polypipes's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tijaria Polypipes'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 -2.96% mean?
Tijaria Polypipes (BOM:533629) has a Return-on-Tangible-Asset of -2.96% 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 Tijaria Polypipes and its competitors. According to the industry distribution chart, Tijaria Polypipes ranks #1441 out of 1788 companies in the Construction industry, placing it in the top 80.6%.
Is Tijaria Polypipes' Return-on-Tangible-Asset too high?
Tijaria Polypipes' current Return-on-Tangible-Asset is -2.96%. Based on the distribution chart, Tijaria Polypipes ranks #1441 out of 1788 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Tijaria Polypipes has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Tijaria Polypipes' Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Tijaria Polypipes ranks #1441 out of 1788 companies for Return-on-Tangible-Asset. This places Tijaria Polypipes in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.03. 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 3.03, based on 1,788 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. 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 Tijaria Polypipes and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tijaria Polypipes's current Return-on-Tangible-Asset is -2.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tijaria Polypipes stock overvalued right now?
Tijaria Polypipes (BOM:533629) has a current Return-on-Tangible-Asset of -2.96%. The current Return-on-Tangible-Asset is -2.96%. Tijaria Polypipes' overall GF Score™ is 16/100. 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 Tijaria Polypipes (BOM:533629), the current Return-on-Tangible-Asset is -2.96% 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.
Tijaria Polypipes Ltd manufactures HDPE Pipes, PLB HDPE Duct, MDPE Pipes, DWC HDPE Pipes, uPVC Pipes, PVC-U Pipes, Mink Blankets, partially oriented yarn, and draw textured yarn, surgical masks, N-95 Mask under the registered brand name of Tijaria and Vikas. The company operates in two segments Pipes and Textiles. The company produces a product range in the field of plastics, HDPE Pipes for Electrical, Water and Sewerage, PVC-U and DWC HDPE Pipes for Sewerage, uPVC Pipes for Water, PLB HDPE Ducts for telecommunications, HDPE Sprinkler Irrigation Systems, MDPE Pipes for Water Supply etc. The majority of its revenue is generated from the pipes segment.
16GF Score
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