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Salasar Techno EngineeringBOM:540642 -0.83%77 Return-on-Tangible-Asset is 0.93% as of Jun. 2026, which is 82% below its 10-year median of 5.11. GuruFocus rates BOM:540642 with a GF Score™ of 77/100 and a GF Value™ of ₹13.05 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 633 Steel companies, Salasar Techno Engineering ranks worse than 61.14% 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. Salasar Techno Engineering's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹200 Mil. Salasar Techno Engineering's average total tangible assets for the quarter that ended in Jun. 2026 was ₹21,523 Mil. Therefore, Salasar Techno Engineering's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.93%.
The historical rank and industry rank for Salasar Techno Engineering's Return-on-Tangible-Asset or its related term are showing as below:
BOM:540642'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.72 Med: 5.11 Max: 9.5
Current: 0.72
During the past 13 years, Salasar Techno Engineering's highest Return-on-Tangible-Asset was 9.50%. The lowest was 0.72%. And the median was 5.11%.
BOM:540642's Return-on-Tangible-Asset is ranked worse than 61.14% of 633
companies
in the Steel industry
Industry Median: 2.31
vs BOM:540642: 0.72
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.
Salasar Techno Engineering Return-on-Tangible-Asset Related Terms
Salasar Techno Engineering Return-on-Tangible-Asset Historical Data
* 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:540642 vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Salasar Techno 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.
Salasar Techno Engineering Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Salasar Techno Engineering's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Salasar Techno 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 0.93% mean?
Salasar Techno Engineering (BOM:540642) has a Return-on-Tangible-Asset of 0.93% 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 Salasar Techno Engineering and its competitors. This is 82% below median its historical median of 5.11. Over the past decade, Salasar Techno Engineering's Return-on-Tangible-Asset has ranged from 0.72 to 9.50. According to the industry distribution chart, Salasar Techno Engineering ranks #387 out of 633 companies in the Steel industry, placing it in the top 61.1%.
Is Salasar Techno Engineering's Return-on-Tangible-Asset too high?
Salasar Techno Engineering's current Return-on-Tangible-Asset of 0.93% is 82% below median its 10-year median of 5.11. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 9.50. The Steel industry median Return-on-Tangible-Asset is 2.31. Salasar Techno Engineering's value of 0.93% is 59.7% below this industry median. Based on the distribution chart, Salasar Techno Engineering ranks #387 out of 633 companies in the Steel industry, which is below the industry midpoint. Overall, Salasar Techno Engineering has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Salasar Techno Engineering's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Salasar Techno Engineering ranks #387 out of 633 companies for Return-on-Tangible-Asset. This places Salasar Techno Engineering in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.31. Salasar Techno Engineering's value of 0.93% is 59.7% below this benchmark. Historically, Salasar Techno Engineering's own Return-on-Tangible-Asset has ranged from 0.72 to 9.50 over the past decade. While the company's 10-year median is 5.11 vs. the industry median of 2.31, Salasar Techno Engineering has consistently been below 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 a Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.31, based on 633 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. Salasar Techno Engineering's current Return-on-Tangible-Asset of 0.93% is 59.7% below 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 Salasar Techno Engineering and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salasar Techno Engineering's current Return-on-Tangible-Asset is 0.93%, which is 82% below median its own 10-year median of 5.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salasar Techno Engineering stock overvalued right now?
Based on GuruFocus' analysis, Salasar Techno Engineering (BOM:540642) is currently considered Possible Value Trap. The stock's GF Value™ is ₹13.05, compared to a current price of ₹5.95 — trading 54.4% below its estimated fair value. The current Return-on-Tangible-Asset is 0.93%, which is 82% below median its 10-year median of 5.11 and 59.7% below the Steel industry median of 2.31. Salasar Techno Engineering's overall GF Score™ is 77/100 with 7 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 Salasar Techno Engineering (BOM:540642), the current Return-on-Tangible-Asset is 0.93% 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 Salasar Techno Engineering (BOM:540642) Overvalued in 2026?
Based on GuruFocus' analysis, Salasar Techno Engineering stock appears to be undervalued.
The current stock price of ₹5.95 is trading 54.4% below its estimated GF Value™ of ₹13.05.
GuruFocus considers Salasar Techno Engineering to be Possible Value Trap.
Key valuation signals for BOM:540642:
Return-on-Tangible-Asset: 0.93% (82% below median its 10-year median of 5.11)
GF Value™: ₹13.05 vs. price of ₹5.95 (54.4% below fair value)
Industry Position: 59.7% below the Steel median (#387 of 633)
No single metric tells the full story. See the BOM:540642 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Salasar Techno Engineering Ltd is engaged in the business of manufacturing and sale of Galvanized Steel Structure including Telecom Towers, Transmission Line Towers and Solar Panels. The Company is also engaged in execution of Engineering, Procurement and Construction projects (EPC) for survey, supply of materials, design, erection, testing & commissioning on a turnkey basis. The Business is divided in two segments i.e. Steel Structure segment and Engineering procurement & construction segment. The company generates maximum revenue from Steel Segment.
77GF Score
Get the complete analysis for BOM:540642
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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