Relicab Cable Manufacturing (BOM:539760) Return-on-Tangible-Asset: 5.89% (As of Mar. 2026) — 73% Above Median

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BOM:539760 Relicab Cable Manufacturing Ltd BOM:539760
65 GF Score
Price ₹36.03
GF Value ₹159.43
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Relicab Cable Manufacturing Return-on-Tangible-Asset?

Relicab Cable Manufacturing BOM:539760 +0.70% 65 Return-on-Tangible-Asset is 5.89% as of Mar. 2026, which is 73% above its 10-year median of 3.41. GuruFocus rates BOM:539760 with a GF Score™ of 65/100 and a GF Value™ of ₹159.43 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 3,084 Industrial Products companies, Relicab Cable Manufacturing ranks better than 56.1% 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. Relicab Cable Manufacturing's annualized Net Income for the quarter that ended in Mar. 2026 was ₹30.2 Mil. Relicab Cable Manufacturing's average total tangible assets for the quarter that ended in Mar. 2026 was ₹512.2 Mil. Therefore, Relicab Cable Manufacturing's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.89%.

The historical rank and industry rank for Relicab Cable Manufacturing's Return-on-Tangible-Asset or its related term are showing as below:

BOM:539760' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.3   Med: 3.41   Max: 4.83
Current: 4.34

During the past 13 years, Relicab Cable Manufacturing's highest Return-on-Tangible-Asset was 4.83%. The lowest was -8.30%. And the median was 3.41%.

BOM:539760's Return-on-Tangible-Asset is ranked better than
56.1% of 3084 companies
in the Industrial Products industry
Industry Median: 3.41 vs BOM:539760: 4.34

Relicab Cable Manufacturing  (BOM:539760) 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 company’s 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 company’s 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.


Relicab Cable Manufacturing Return-on-Tangible-Asset Related Terms


Relicab Cable Manufacturing Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Relicab Cable Manufacturing'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.

Relicab Cable Manufacturing Return-on-Tangible-Asset Chart

Relicab Cable Manufacturing Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 4.28 4.46 4.83 4.32

Relicab Cable Manufacturing Quarterly Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.92 5.87 2.72 2.85 5.89

BOM:539760 vs VRT, BE: Return-on-Tangible-Asset Comparison

For the Electrical Equipment & Parts subindustry, Relicab Cable Manufacturing'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.


Relicab Cable Manufacturing Return-on-Tangible-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Relicab Cable Manufacturing's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Relicab Cable Manufacturing's Return-on-Tangible-Asset falls into.


BOM:539760
65GF Score
Relicab Cable Manufacturing Ltd BOM:539760
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Relicab Cable Manufacturing Return-on-Tangible-Asset Calculation

Relicab Cable Manufacturing's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=19.013/( (368.202+512.164)/ 2 )
=19.013/440.183
=4.32 %

Relicab Cable Manufacturing's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=30.184/( (0+512.164)/ 1 )
=30.184/512.164
=5.89 %

* 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 (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 5.89% mean?
Relicab Cable Manufacturing (BOM:539760) has a Return-on-Tangible-Asset of 5.89% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Relicab Cable Manufacturing and its competitors. This is 73% above median its historical median of 3.41. According to the industry distribution chart, Relicab Cable Manufacturing ranks #1354 out of 3084 companies in the Industrial Products industry, placing it in the top 43.9%.
Is Relicab Cable Manufacturing's Return-on-Tangible-Asset too high?
Relicab Cable Manufacturing's current Return-on-Tangible-Asset of 5.89% is 73% above median its 10-year median of 3.41. The Industrial Products industry median Return-on-Tangible-Asset is 3.41. Relicab Cable Manufacturing's value of 5.89% is 72.7% above this industry median. Based on the distribution chart, Relicab Cable Manufacturing ranks #1354 out of 3084 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Relicab Cable Manufacturing has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Relicab Cable Manufacturing's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Relicab Cable Manufacturing ranks #1354 out of 3084 companies for Return-on-Tangible-Asset. This puts Relicab Cable Manufacturing in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.41. Relicab Cable Manufacturing's value of 5.89% is 72.7% above this benchmark. While the company's 10-year median is 3.41 vs. the industry median of 3.41, Relicab Cable Manufacturing 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 3.41, based on 3,084 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. Relicab Cable Manufacturing's current Return-on-Tangible-Asset of 5.89% is 72.7% 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 Relicab Cable Manufacturing and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Relicab Cable Manufacturing's current Return-on-Tangible-Asset is 5.89%, which is 73% above median its own 10-year median of 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Relicab Cable Manufacturing stock overvalued right now?
Based on GuruFocus' analysis, Relicab Cable Manufacturing (BOM:539760) is currently considered Possible Value Trap. The stock's GF Value™ is ₹159.43, compared to a current price of ₹36.03 — trading 77.4% below its estimated fair value. The current Return-on-Tangible-Asset is 5.89%, which is 73% above median its 10-year median of 3.41 and 72.7% above the Industrial Products industry median of 3.41. Relicab Cable Manufacturing's overall GF Score™ is 65/100 with 2 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 Relicab Cable Manufacturing (BOM:539760), the current Return-on-Tangible-Asset is 5.89% as of Mar. 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 Relicab Cable Manufacturing (BOM:539760) Overvalued in 2026?

Based on GuruFocus' analysis, Relicab Cable Manufacturing stock appears to be undervalued. The current stock price of ₹36.03 is trading 77.4% below its estimated GF Value™ of ₹159.43. GuruFocus considers Relicab Cable Manufacturing to be Possible Value Trap.

Key valuation signals for BOM:539760:

  • Return-on-Tangible-Asset: 5.89% (73% above median its 10-year median of 3.41)
  • GF Value™: ₹159.43 vs. price of ₹36.03 (77.4% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 72.7% above the Industrial Products median (#1354 of 3084)

No single metric tells the full story. See the BOM:539760 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Relicab Cable Manufacturing Business Description

Address 57/1,(4-B) Benslore Industrial Estate, Village Dunetha, Nani Daman, Daman, Daman, IND, 396210
Relicab Cable Manufacturing Ltd is engaged in the manufacturing and exporting of wires and cables for various industrial applications. The company operates manufacturing plants in Daman and serves both domestic and international markets. It produces a wide range of armored and unarmored cables, single and multi-core flexible cables, control and power cables, and instrumentation cables using high-quality copper. The company also manufactures PVC compounds for cable insulation and sheathing, supplying these for internal use and external sales. Relicab focuses on delivering quality products to industries such as telecom, electrical, automotive, household appliances, and wind energy.
65GF Score

Get the complete analysis for BOM:539760

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹36.03
Price
₹159.43
GF Value