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Tranway21 TechnologiesBOM:542923 67 Return-on-Tangible-Asset is 14.16% as of Mar. 2026, which is 1015% above its 10-year median of 1.27. GuruFocus rates BOM:542923 with a GF Score™ of 67/100 and a GF Value™ of ₹4.67 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,087 Business Services companies, Tranway21 Technologies ranks worse than 69.37% 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. Tranway21 Technologies's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹15.04 Mil. Tranway21 Technologies's average total tangible assets for the quarter that ended in Mar. 2026 was ₹106.21 Mil. Therefore, Tranway21 Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 14.16%.
The historical rank and industry rank for Tranway21 Technologies's Return-on-Tangible-Asset or its related term are showing as below:
BOM:542923'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.07 Med: 1.27 Max: 11.37
Current: 0.85
During the past 10 years, Tranway21 Technologies's highest Return-on-Tangible-Asset was 11.37%. The lowest was -3.07%. And the median was 1.27%.
BOM:542923's Return-on-Tangible-Asset is ranked worse than 69.37% of 1087
companies
in the Business Services industry
Industry Median: 4.36
vs BOM:542923: 0.85
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.
Tranway21 Technologies Return-on-Tangible-Asset Related Terms
Tranway21 Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tranway21 Technologies'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:542923 vs RHI, KFY, TNET: Return-on-Tangible-Asset Comparison
For the Staffing & Employment Services subindustry, Tranway21 Technologies'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.
Tranway21 Technologies Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Tranway21 Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tranway21 Technologies'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 14.16% mean?
Tranway21 Technologies (BOM:542923) has a Return-on-Tangible-Asset of 14.16% 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 Tranway21 Technologies and its competitors. This is 1015% above median its historical median of 1.27. According to the industry distribution chart, Tranway21 Technologies ranks #754 out of 1087 companies in the Business Services industry, placing it in the top 69.4%.
Is Tranway21 Technologies' Return-on-Tangible-Asset too high?
Tranway21 Technologies' current Return-on-Tangible-Asset of 14.16% is 1015% above median its 10-year median of 1.27. The Business Services industry median Return-on-Tangible-Asset is 4.36. Tranway21 Technologies' value of 14.16% is 224.8% above this industry median. Based on the distribution chart, Tranway21 Technologies ranks #754 out of 1087 companies in the Business Services industry, which is below the industry midpoint. Overall, Tranway21 Technologies has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tranway21 Technologies' Return-on-Tangible-Asset compare to RHI and KFY?
According to the Business Services industry distribution chart, Tranway21 Technologies ranks #754 out of 1087 companies for Return-on-Tangible-Asset. This places Tranway21 Technologies in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.36. Tranway21 Technologies' value of 14.16% is 224.8% above this benchmark. While the company's 10-year median is 1.27 vs. the industry median of 4.36, Tranway21 Technologies 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 4.36, based on 1,087 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. Tranway21 Technologies's current Return-on-Tangible-Asset of 14.16% is 224.8% 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 Tranway21 Technologies and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tranway21 Technologies's current Return-on-Tangible-Asset is 14.16%, which is 1015% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tranway21 Technologies stock overvalued right now?
Based on GuruFocus' analysis, Tranway21 Technologies (BOM:542923) is currently considered Fairly Valued. The stock's GF Value™ is ₹4.67, compared to a current price of ₹5.08 — trading 8.8% above its estimated fair value. The current Return-on-Tangible-Asset is 14.16%, which is 1015% above median its 10-year median of 1.27 and 224.8% above the Business Services industry median of 4.36. Tranway21 Technologies' overall GF Score™ is 67/100 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 Tranway21 Technologies (BOM:542923), the current Return-on-Tangible-Asset is 14.16% 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 Tranway21 Technologies (BOM:542923) Overvalued in 2026?
Based on GuruFocus' analysis, Tranway21 Technologies stock appears to be overvalued.
The current stock price of ₹5.08 is trading 8.8% above its estimated GF Value™ of ₹4.67.
GuruFocus considers Tranway21 Technologies to be Fairly Valued.
Key valuation signals for BOM:542923:
Return-on-Tangible-Asset: 14.16% (1015% above median its 10-year median of 1.27)
GF Value™: ₹4.67 vs. price of ₹5.08 (8.8% above fair value)
Industry Position: 224.8% above the Business Services median (#754 of 1087)
No single metric tells the full story. See the BOM:542923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tranway21 Technologies Ltd is engaged in IT consulting, software development, and staffing services. The company offers solutions across telecom, IT, automobiles, services, manufacturing, and engineering sectors. It operates in a single segment, namely, providing manpower services.
67GF Score
Get the complete analysis for BOM:542923
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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