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Triveni TurbineBOM:533655 -2.27%98 Return-on-Tangible-Asset is 8.22% as of Jun. 2026, which is 47% below its 10-year median of 15.61. GuruFocus rates BOM:533655 with a GF Score™ of 98/100 and a GF Value™ of ₹675.35 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 3,089 Industrial Products companies, Triveni Turbine ranks better than 93.17% 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. Triveni Turbine's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹2,044 Mil. Triveni Turbine's average total tangible assets for the quarter that ended in Jun. 2026 was ₹24,868 Mil. Therefore, Triveni Turbine's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 8.22%.
The historical rank and industry rank for Triveni Turbine's Return-on-Tangible-Asset or its related term are showing as below:
BOM:533655'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 11.68 Med: 15.61 Max: 23.88
Current: 15.09
During the past 13 years, Triveni Turbine's highest Return-on-Tangible-Asset was 23.88%. The lowest was 11.68%. And the median was 15.61%.
BOM:533655's Return-on-Tangible-Asset is ranked better than 93.17% of 3089
companies
in the Industrial Products industry
Industry Median: 3.37
vs BOM:533655: 15.09
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.
Triveni Turbine Return-on-Tangible-Asset Related Terms
Triveni Turbine Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Triveni Turbine'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:533655 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Triveni Turbine'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.
Triveni Turbine Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Triveni Turbine's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Triveni Turbine'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 8.22% mean?
Triveni Turbine (BOM:533655) has a Return-on-Tangible-Asset of 8.22% 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 Triveni Turbine and its competitors. This is 47% below median its historical median of 15.61. Over the past decade, Triveni Turbine's Return-on-Tangible-Asset has ranged from 11.68 to 23.88. According to the industry distribution chart, Triveni Turbine ranks #211 out of 3089 companies in the Industrial Products industry, placing it in the top 6.8%.
Is Triveni Turbine's Return-on-Tangible-Asset too high?
Triveni Turbine's current Return-on-Tangible-Asset of 8.22% is 47% below median its 10-year median of 15.61. Over the past 10 years, this metric has ranged from a low of 11.68 to a high of 23.88. The Industrial Products industry median Return-on-Tangible-Asset is 3.37. Triveni Turbine's value of 8.22% is 143.9% above this industry median. Based on the distribution chart, Triveni Turbine ranks #211 out of 3089 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Triveni Turbine has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Triveni Turbine's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Triveni Turbine ranks #211 out of 3089 companies for Return-on-Tangible-Asset. This places Triveni Turbine in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.37. Triveni Turbine's value of 8.22% is 143.9% above this benchmark. Historically, Triveni Turbine's own Return-on-Tangible-Asset has ranged from 11.68 to 23.88 over the past decade. While the company's 10-year median is 15.61 vs. the industry median of 3.37, Triveni Turbine 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.37, based on 3,089 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. Triveni Turbine's current Return-on-Tangible-Asset of 8.22% is 143.9% 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 Triveni Turbine and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triveni Turbine's current Return-on-Tangible-Asset is 8.22%, which is 47% below median its own 10-year median of 15.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triveni Turbine stock overvalued right now?
Based on GuruFocus' analysis, Triveni Turbine (BOM:533655) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹675.35, compared to a current price of ₹565.00 — trading 16.3% below its estimated fair value. The current Return-on-Tangible-Asset is 8.22%, which is 47% below median its 10-year median of 15.61 and 143.9% above the Industrial Products industry median of 3.37. Triveni Turbine's overall GF Score™ is 98/100 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 Triveni Turbine (BOM:533655), the current Return-on-Tangible-Asset is 8.22% 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 Triveni Turbine (BOM:533655) Overvalued in 2026?
Based on GuruFocus' analysis, Triveni Turbine stock appears to be undervalued.
The current stock price of ₹565.00 is trading 16.3% below its estimated GF Value™ of ₹675.35.
GuruFocus considers Triveni Turbine to be Modestly Undervalued.
Key valuation signals for BOM:533655:
Return-on-Tangible-Asset: 8.22% (47% below median its 10-year median of 15.61)
GF Value™: ₹675.35 vs. price of ₹565.00 (16.3% below fair value)
Industry Position: 143.9% above the Industrial Products median (#211 of 3089)
No single metric tells the full story. See the BOM:533655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Triveni Turbine Ltd is an India-based company that supplies power-generating equipment and solutions. The company offers back-pressure and condensing steam turbines, related spare parts, and aftermarket services. In addition, the company owns a partial stake in GE Triveni Limited, a joint venture cofounded by General Electric and Triveni Turbine. This joint venture offers a portfolio of steam turbine products in the globalised industrial power-generation market. Triveni Turbine's products are used in sectors including sugar, distillery, palm oil, independent power producers, and textiles. The company generates the majority of its sales from the Indian domestic market.
98GF Score
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