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GTV EngineeringBOM:539479 -10.22%80 Return-on-Tangible-Asset is 17.89% as of Jun. 2026, which is 899% above its 10-year median of 1.79. GuruFocus rates BOM:539479 with a GF Score™ of 80/100 and a GF Value™ of ₹54.38 (Fairly Valued). The stock has 3 warning signs investors should review. Among 3,093 Industrial Products companies, GTV Engineering ranks better than 96.86% 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. GTV Engineering's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹167 Mil. GTV Engineering's average total tangible assets for the quarter that ended in Jun. 2026 was ₹933 Mil. Therefore, GTV Engineering's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 17.89%.
The historical rank and industry rank for GTV Engineering's Return-on-Tangible-Asset or its related term are showing as below:
BOM:539479'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.96 Med: 1.79 Max: 19.74
Current: 19.74
During the past 5 years, GTV Engineering's highest Return-on-Tangible-Asset was 19.74%. The lowest was 0.96%. And the median was 1.79%.
BOM:539479's Return-on-Tangible-Asset is ranked better than 96.86% of 3093
companies
in the Industrial Products industry
Industry Median: 3.35
vs BOM:539479: 19.74
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.
GTV Engineering Return-on-Tangible-Asset Related Terms
GTV Engineering Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for GTV Engineering'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:539479 vs ATI, CRS, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, GTV Engineering'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.
GTV Engineering Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, GTV Engineering's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where GTV Engineering'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 17.89% mean?
GTV Engineering (BOM:539479) has a Return-on-Tangible-Asset of 17.89% 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 GTV Engineering and its competitors. This is 899% above median its historical median of 1.79. Over the past decade, GTV Engineering's Return-on-Tangible-Asset has ranged from 0.96 to 19.74. According to the industry distribution chart, GTV Engineering ranks #97 out of 3093 companies in the Industrial Products industry, placing it in the top 3.1%.
Is GTV Engineering's Return-on-Tangible-Asset too high?
GTV Engineering's current Return-on-Tangible-Asset of 17.89% is 899% above median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 19.74. The Industrial Products industry median Return-on-Tangible-Asset is 3.35. GTV Engineering's value of 17.89% is 434% above this industry median. Based on the distribution chart, GTV Engineering ranks #97 out of 3093 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, GTV Engineering has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GTV Engineering's Return-on-Tangible-Asset compare to ATI and CRS?
According to the Industrial Products industry distribution chart, GTV Engineering ranks #97 out of 3093 companies for Return-on-Tangible-Asset. This places GTV Engineering in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.35. GTV Engineering's value of 17.89% is 434% above this benchmark. Historically, GTV Engineering's own Return-on-Tangible-Asset has ranged from 0.96 to 19.74 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 3.35, GTV Engineering 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 3.35, based on 3,093 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. GTV Engineering's current Return-on-Tangible-Asset of 17.89% is 434% 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 GTV Engineering and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GTV Engineering's current Return-on-Tangible-Asset is 17.89%, which is 899% above median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GTV Engineering stock overvalued right now?
Based on GuruFocus' analysis, GTV Engineering (BOM:539479) is currently considered Fairly Valued. The stock's GF Value™ is ₹54.38, compared to a current price of ₹54.02 — trading 0.7% below its estimated fair value. The current Return-on-Tangible-Asset is 17.89%, which is 899% above median its 10-year median of 1.79 and 434% above the Industrial Products industry median of 3.35. GTV Engineering's overall GF Score™ is 80/100 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 GTV Engineering (BOM:539479), the current Return-on-Tangible-Asset is 17.89% 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 GTV Engineering (BOM:539479) Overvalued in 2026?
Based on GuruFocus' analysis, GTV Engineering stock appears to be undervalued.
The current stock price of ₹54.02 is trading 0.7% below its estimated GF Value™ of ₹54.38.
GuruFocus considers GTV Engineering to be Fairly Valued.
Key valuation signals for BOM:539479:
Return-on-Tangible-Asset: 17.89% (899% above median its 10-year median of 1.79)
GF Value™: ₹54.38 vs. price of ₹54.02 (0.7% below fair value)
Industry Position: 434% above the Industrial Products median (#97 of 3093)
No single metric tells the full story. See the BOM:539479 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GTV Engineering Ltd is mainly engaged in steel fabrication. Its product offerings include penstokes, distributor pipes, stator frames, boiler stacks, ball mills, coal bins, stove shells, gas coolers, anchor plates, grit cones, fan blades, etc. The company caters to the heavy engineering needs of its clients across various sectors such as steel, hydro, thermal, cement, mining and minerals, etc. Its primary business segments are: Hi-Tech Fabrication Engineering, Flour Division, and Agro Product Trading. The majority of its revenue is generated from the Hi-Tech Fabrication segment.
80GF Score
Get the complete analysis for BOM:539479
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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