SIS (BOM:540673) Return-on-Tangible-Asset: 6.49% (As of Mar. 2026) — 17% Below Median

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:540673 SIS Ltd BOM:540673
87 GF Score
Price ₹431.15
GF Value ₹516.07
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is SIS Return-on-Tangible-Asset?

SIS BOM:540673 +0.34% 87 Return-on-Tangible-Asset is 6.49% as of Mar. 2026, which is 17% below its 10-year median of 7.83. GuruFocus rates BOM:540673 with a GF Score™ of 87/100 and a GF Value™ of ₹516.07 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,098 Business Services companies, SIS ranks worse than 59.56% 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. SIS's annualized Net Income for the quarter that ended in Mar. 2026 was ₹4,100 Mil. SIS's average total tangible assets for the quarter that ended in Mar. 2026 was ₹63,194 Mil. Therefore, SIS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.49%.

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

BOM:540673' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.24   Med: 7.83   Max: 10.48
Current: 2.41

During the past 13 years, SIS's highest Return-on-Tangible-Asset was 10.48%. The lowest was 0.24%. And the median was 7.83%.

BOM:540673's Return-on-Tangible-Asset is ranked worse than
59.56% of 1098 companies
in the Business Services industry
Industry Median: 3.975 vs BOM:540673: 2.41

SIS  (BOM:540673) 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.


SIS Return-on-Tangible-Asset Related Terms


SIS Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for SIS'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.

SIS Return-on-Tangible-Asset Chart

SIS 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 8.69 8.52 4.18 0.24 2.40

SIS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 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 -17.31 7.20 5.68 -9.74 6.49

BOM:540673 vs ALLE, MSA, ADT: Return-on-Tangible-Asset Comparison

For the Security & Protection Services subindustry, SIS'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.


SIS Return-on-Tangible-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, SIS's Return-on-Tangible-Asset distribution charts can be found below:

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


BOM:540673
87GF Score
SIS Ltd BOM:540673
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SIS Return-on-Tangible-Asset Calculation

SIS'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 )
=1378.1/( (51617.4+63194.3)/ 2 )
=1378.1/57405.85
=2.40 %

SIS'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 )
=4100/( (0+63194.3)/ 1 )
=4100/63194.3
=6.49 %

* 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 6.49% mean?
SIS (BOM:540673) has a Return-on-Tangible-Asset of 6.49% 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 SIS and its competitors. This is 17% below median its historical median of 7.83. Over the past decade, SIS's Return-on-Tangible-Asset has ranged from 0.24 to 10.48. According to the industry distribution chart, SIS ranks #654 out of 1098 companies in the Business Services industry, placing it in the top 59.6%.
Is SIS's Return-on-Tangible-Asset too high?
SIS's current Return-on-Tangible-Asset of 6.49% is 17% below median its 10-year median of 7.83. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 10.48. The Business Services industry median Return-on-Tangible-Asset is 3.98. SIS's value of 6.49% is 63.3% above this industry median. Based on the distribution chart, SIS ranks #654 out of 1098 companies in the Business Services industry, which is below the industry midpoint. Overall, SIS has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SIS's Return-on-Tangible-Asset compare to ALLE and MSA?
According to the Business Services industry distribution chart, SIS ranks #654 out of 1098 companies for Return-on-Tangible-Asset. This places SIS in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.98. SIS's value of 6.49% is 63.3% above this benchmark. Historically, SIS's own Return-on-Tangible-Asset has ranged from 0.24 to 10.48 over the past decade. While the company's 10-year median is 7.83 vs. the industry median of 3.98, SIS 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 a Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.98, based on 1,098 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. SIS's current Return-on-Tangible-Asset of 6.49% is 63.3% 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 SIS and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SIS's current Return-on-Tangible-Asset is 6.49%, which is 17% below median its own 10-year median of 7.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIS stock overvalued right now?
Based on GuruFocus' analysis, SIS (BOM:540673) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹516.07, compared to a current price of ₹431.15 — trading 16.5% below its estimated fair value. The current Return-on-Tangible-Asset is 6.49%, which is 17% below median its 10-year median of 7.83 and 63.3% above the Business Services industry median of 3.98. SIS's overall GF Score™ is 87/100 with 6 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 SIS (BOM:540673), the current Return-on-Tangible-Asset is 6.49% 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 SIS (BOM:540673) Overvalued in 2026?

Based on GuruFocus' analysis, SIS stock appears to be undervalued. The current stock price of ₹431.15 is trading 16.5% below its estimated GF Value™ of ₹516.07. GuruFocus considers SIS to be Modestly Undervalued.

Key valuation signals for BOM:540673:

  • Return-on-Tangible-Asset: 6.49% (17% below median its 10-year median of 7.83)
  • GF Value™: ₹516.07 vs. price of ₹431.15 (16.5% below fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 63.3% above the Business Services median (#654 of 1098)

No single metric tells the full story. See the BOM:540673 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SIS Business Description

Other Exchanges SIS:India
Address A-28 & 29, Okhla Industrial Area, Phase-1, New Delhi, IND, 110 020
SIS Ltd is engaged in rendering security and related services consisting of manned guarding, training, and indirectly engaged in paramedic and emergency response services; loss prevention, asset protection and mobile patrols; facility management services consisting of cleaning, house-keeping and pest control management services in the areas of facility management; cash logistics services consisting of cash-in-transit, ATM cash replenishment activities and secure transportation of precious items and bullion; and alarm monitoring and response services consisting of trading and installation of electronic security devices and systems through its subsidiaries, joint ventures and associates. It segments are Security Services (India), Security Services (International) and Facility Management.
87GF Score

Get the complete analysis for BOM:540673

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

₹431.15
Price
₹516.07
GF Value