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Concord Control SystemsBOM:543619 -1.96%89 Return-on-Tangible-Asset is 20.71% as of Mar. 2026, which is 5% above its 10-year median of 19.69. GuruFocus rates BOM:543619 with a GF Score™ of 89/100 and a GF Value™ of ₹2,097.90 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,021 Transportation companies, Concord Control Systems ranks better than 96.28% 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. Concord Control Systems's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹498 Mil. Concord Control Systems's average total tangible assets for the quarter that ended in Mar. 2026 was ₹2,402 Mil. Therefore, Concord Control Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 20.71%.
The historical rank and industry rank for Concord Control Systems's Return-on-Tangible-Asset or its related term are showing as below:
BOM:543619'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 12.53 Med: 19.69 Max: 28.42
Current: 20.01
During the past 7 years, Concord Control Systems's highest Return-on-Tangible-Asset was 28.42%. The lowest was 12.53%. And the median was 19.69%.
BOM:543619's Return-on-Tangible-Asset is ranked better than 96.28% of 1021
companies
in the Transportation industry
Industry Median: 3.83
vs BOM:543619: 20.01
Concord Control Systems (BOM:543619) 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 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.
Concord Control Systems Return-on-Tangible-Asset Related Terms
Concord Control Systems Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Concord Control Systems'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.
Concord Control Systems Return-on-Tangible-Asset Chart
BOM:543619 vs UNP, CSX, NSC: Return-on-Tangible-Asset Comparison
For the Railroads subindustry, Concord Control Systems'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.
Concord Control Systems Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Concord Control Systems's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Concord Control Systems'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 20.71% mean?
Concord Control Systems (BOM:543619) has a Return-on-Tangible-Asset of 20.71% 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 Concord Control Systems and its competitors. This is near median its historical median of 19.69. Over the past decade, Concord Control Systems' Return-on-Tangible-Asset has ranged from 12.53 to 28.42. According to the industry distribution chart, Concord Control Systems ranks #38 out of 1021 companies in the Transportation industry, placing it in the top 3.7%.
Is Concord Control Systems' Return-on-Tangible-Asset too high?
Concord Control Systems' current Return-on-Tangible-Asset of 20.71% is near median its 10-year median of 19.69. Over the past 10 years, this metric has ranged from a low of 12.53 to a high of 28.42. The Transportation industry median Return-on-Tangible-Asset is 3.83. Concord Control Systems' value of 20.71% is 440.7% above this industry median. Based on the distribution chart, Concord Control Systems ranks #38 out of 1021 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Concord Control Systems has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Concord Control Systems' Return-on-Tangible-Asset compare to UNP and CSX?
According to the Transportation industry distribution chart, Concord Control Systems ranks #38 out of 1021 companies for Return-on-Tangible-Asset. This places Concord Control Systems in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.83. Concord Control Systems' value of 20.71% is 440.7% above this benchmark. Historically, Concord Control Systems' own Return-on-Tangible-Asset has ranged from 12.53 to 28.42 over the past decade. While the company's 10-year median is 19.69 vs. the industry median of 3.83, Concord Control Systems 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.83, based on 1,021 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. Concord Control Systems's current Return-on-Tangible-Asset of 20.71% is 440.7% 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 Concord Control Systems and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Concord Control Systems's current Return-on-Tangible-Asset is 20.71%, which is near median its own 10-year median of 19.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concord Control Systems stock overvalued right now?
Based on GuruFocus' analysis, Concord Control Systems (BOM:543619) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹2,097.90, compared to a current price of ₹2,405.45 — trading 14.7% above its estimated fair value. The current Return-on-Tangible-Asset is 20.71%, which is near median its 10-year median of 19.69 and 440.7% above the Transportation industry median of 3.83. Concord Control Systems' overall GF Score™ is 89/100 with 8 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 Concord Control Systems (BOM:543619), the current Return-on-Tangible-Asset is 20.71% 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 Concord Control Systems (BOM:543619) Overvalued in 2026?
Based on GuruFocus' analysis, Concord Control Systems stock appears to be overvalued.
The current stock price of ₹2,405.45 is trading 14.7% above its estimated GF Value™ of ₹2,097.90.
GuruFocus considers Concord Control Systems to be Modestly Overvalued.
Key valuation signals for BOM:543619:
Return-on-Tangible-Asset: 20.71% (near median its 10-year median of 19.69)
GF Value™: ₹2,097.90 vs. price of ₹2,405.45 (14.7% above fair value)
Industry Position: 440.7% above the Transportation median (#38 of 1021)
No single metric tells the full story. See the BOM:543619 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Concord Control Systems Ltd is engaged in the business of Electrical Machinery for Indian Railways and allied products. The group is an Indian Railway/Research, Designs, and Standards Organization (RDSO) approved source for manufacturing various Electric and Electronic ranges of products, and also many more products are under development. Its products are Emergency Light, Fans, Coupler, Battery Chargers, and Control Panels and Distribution Panels. The company operates in a single business and geographical segment, the manufacturing of railway components.
89GF Score
Get the complete analysis for BOM:543619
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