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Gujarat EnergyBOM:539336 -0.34%84 Return-on-Tangible-Asset is 14.82% as of Jun. 2026, which is 16% above its 10-year median of 12.75. GuruFocus rates BOM:539336 with a GF Score™ of 84/100 and a GF Value™ of ₹526.09 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 510 Utilities - Regulated companies, Gujarat Energy ranks better than 90.59% 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. Gujarat Energy's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹39,969 Mil. Gujarat Energy's average total tangible assets for the quarter that ended in Jun. 2026 was ₹269,669 Mil. Therefore, Gujarat Energy's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 14.82%.
The historical rank and industry rank for Gujarat Energy's Return-on-Tangible-Asset or its related term are showing as below:
BOM:539336'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.69 Med: 12.75 Max: 35.42
Current: 10.97
During the past 13 years, Gujarat Energy's highest Return-on-Tangible-Asset was 35.42%. The lowest was 3.69%. And the median was 12.75%.
BOM:539336's Return-on-Tangible-Asset is ranked better than 90.59% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.365
vs BOM:539336: 10.97
Gujarat Energy (BOM:539336) 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.
Gujarat Energy Return-on-Tangible-Asset Related Terms
Gujarat Energy Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Gujarat Energy'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:539336 vs ATO, NI, UGI: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Gas subindustry, Gujarat Energy'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.
Gujarat Energy Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Gujarat Energy's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Gujarat Energy'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 14.82% mean?
Gujarat Energy (BOM:539336) has a Return-on-Tangible-Asset of 14.82% 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 Gujarat Energy and its competitors. This is 16% above median its historical median of 12.75. Over the past decade, Gujarat Energy's Return-on-Tangible-Asset has ranged from 3.69 to 35.42. According to the industry distribution chart, Gujarat Energy ranks #48 out of 510 companies in the Utilities - Regulated industry, placing it in the top 9.4%.
Is Gujarat Energy's Return-on-Tangible-Asset too high?
Gujarat Energy's current Return-on-Tangible-Asset of 14.82% is 16% above median its 10-year median of 12.75. Over the past 10 years, this metric has ranged from a low of 3.69 to a high of 35.42. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.37. Gujarat Energy's value of 14.82% is 340.4% above this industry median. Based on the distribution chart, Gujarat Energy ranks #48 out of 510 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Gujarat Energy has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gujarat Energy's Return-on-Tangible-Asset compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Gujarat Energy ranks #48 out of 510 companies for Return-on-Tangible-Asset. This places Gujarat Energy in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.37. Gujarat Energy's value of 14.82% is 340.4% above this benchmark. Historically, Gujarat Energy's own Return-on-Tangible-Asset has ranged from 3.69 to 35.42 over the past decade. While the company's 10-year median is 12.75 vs. the industry median of 3.37, Gujarat Energy 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 Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.37, based on 510 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. Gujarat Energy's current Return-on-Tangible-Asset of 14.82% is 340.4% 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 Gujarat Energy and its competitors. For the Utilities - Regulated 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. Gujarat Energy's current Return-on-Tangible-Asset is 14.82%, which is 16% above median its own 10-year median of 12.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Energy stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Energy (BOM:539336) is currently considered Possible Value Trap. The stock's GF Value™ is ₹526.09, compared to a current price of ₹263.15 — trading 50% below its estimated fair value. The current Return-on-Tangible-Asset is 14.82%, which is 16% above median its 10-year median of 12.75 and 340.4% above the Utilities - Regulated industry median of 3.37. Gujarat Energy's overall GF Score™ is 84/100 with 5 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 Gujarat Energy (BOM:539336), the current Return-on-Tangible-Asset is 14.82% 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 Gujarat Energy (BOM:539336) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Energy stock appears to be undervalued.
The current stock price of ₹263.15 is trading 50% below its estimated GF Value™ of ₹526.09.
GuruFocus considers Gujarat Energy to be Possible Value Trap.
Key valuation signals for BOM:539336:
Return-on-Tangible-Asset: 14.82% (16% above median its 10-year median of 12.75)
GF Value™: ₹526.09 vs. price of ₹263.15 (50% below fair value)
Industry Position: 340.4% above the Utilities - Regulated median (#48 of 510)
No single metric tells the full story. See the BOM:539336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Energy Ltd, formerly Gujarat Gas Ltd is an India-based gas distribution company. Its activities include sale, purchase, supply, distribution, transport, trading in Natural Gas, Compressed natural gas, Liquefied natural gas, Liquefied petroleum gas, and other gaseous forms. The company transports the gas through pipelines, trucks, trains, or other suitable modes of transportation. It operates in the segment of the natural gas business. All the business activities of the company are carried out in India.
84GF Score
Get the complete analysis for BOM:539336
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