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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. Earthstahl & Alloys's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹-34.1 Mil. Earthstahl & Alloys's average total tangible assets for the quarter that ended in Mar. 2026 was ₹612.5 Mil. Therefore, Earthstahl & Alloys's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -5.57%.
The historical rank and industry rank for Earthstahl & Alloys's Return-on-Tangible-Asset or its related term are showing as below:
BOM:543765'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.84 Med: 3.2 Max: 23.37
Current: -7.73
During the past 7 years, Earthstahl & Alloys's highest Return-on-Tangible-Asset was 23.37%. The lowest was -7.84%. And the median was 3.20%.
BOM:543765's Return-on-Tangible-Asset is ranked worse than 87.65% of 3077
companies
in the Industrial Products industry
Industry Median: 3.26
vs BOM:543765: -7.73
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.
Earthstahl & Alloys Return-on-Tangible-Asset Related Terms
Earthstahl & Alloys Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Earthstahl & Alloys'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:543765 vs CRS, ATI, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, Earthstahl & Alloys'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.
Earthstahl & Alloys Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Earthstahl & Alloys's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Earthstahl & Alloys'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 -5.57% mean?
Earthstahl & Alloys (BOM:543765) has a Return-on-Tangible-Asset of -5.57% 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 Earthstahl & Alloys and its competitors. According to the industry distribution chart, Earthstahl & Alloys ranks #2697 out of 3077 companies in the Industrial Products industry, placing it in the top 87.7%.
Is Earthstahl & Alloys' Return-on-Tangible-Asset too high?
Earthstahl & Alloys' current Return-on-Tangible-Asset is -5.57%. Based on the distribution chart, Earthstahl & Alloys ranks #2697 out of 3077 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Earthstahl & Alloys has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Earthstahl & Alloys' Return-on-Tangible-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Earthstahl & Alloys ranks #2697 out of 3077 companies for Return-on-Tangible-Asset. This places Earthstahl & Alloys in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.26. 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 3.26, based on 3,077 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. 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 Earthstahl & Alloys and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Earthstahl & Alloys's current Return-on-Tangible-Asset is -5.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Earthstahl & Alloys stock overvalued right now?
Based on GuruFocus' analysis, Earthstahl & Alloys (BOM:543765) is currently considered Possible Value Trap. The stock's GF Value™ is ₹26.95, compared to a current price of ₹14.20 — trading 47.3% below its estimated fair value. The current Return-on-Tangible-Asset is -5.57%. Earthstahl & Alloys' overall GF Score™ is 57/100 with 5 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 Earthstahl & Alloys (BOM:543765), the current Return-on-Tangible-Asset is -5.57% 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 Earthstahl & Alloys (BOM:543765) Overvalued in 2026?
Based on GuruFocus' analysis, Earthstahl & Alloys stock appears to be undervalued.
The current stock price of ₹14.20 is trading 47.3% below its estimated GF Value™ of ₹26.95.
GuruFocus considers Earthstahl & Alloys to be Possible Value Trap.
Key valuation signals for BOM:543765:
Return-on-Tangible-Asset: -5.57%
GF Value™: ₹26.95 vs. price of ₹14.20 (47.3% below fair value)
No single metric tells the full story. See the BOM:543765 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Earthstahl & Alloys Ltd is engaged in the production of Cast Iron Lumps. In addition, it is also engaged in the production of high-end ductile iron, cast iron, steel, alloys, and nonferrous castings. The company produces various parts of pellet plants, cement plants, sponge iron plants, power plants, Sinter plants, automobiles, railways, Mining, Engineering items, pipes and fittings, Agriculture Equipment, and others. The company operates in two segments, namely Submerged Arc Furnace and Foundry. It derives the majority of its revenue from the Submerged Arc Furnace segment.
57GF Score
Get the complete analysis for BOM:543765
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