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Sancode TechnologiesBOM:543897 53 Return-on-Tangible-Asset is 7.77% as of Mar. 2026, which is 54% above its 10-year median of 5.06. GuruFocus rates BOM:543897 with a GF Score™ of 53/100 and a GF Value™ of ₹239.66 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,090 Business Services companies, Sancode Technologies ranks better than 55.6% 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. Sancode Technologies's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹7.2 Mil. Sancode Technologies's average total tangible assets for the quarter that ended in Mar. 2026 was ₹92.4 Mil. Therefore, Sancode Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.77%.
The historical rank and industry rank for Sancode Technologies's Return-on-Tangible-Asset or its related term are showing as below:
BOM:543897'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -36.39 Med: 5.06 Max: 19.07
Current: 5.25
During the past 7 years, Sancode Technologies's highest Return-on-Tangible-Asset was 19.07%. The lowest was -36.39%. And the median was 5.06%.
BOM:543897's Return-on-Tangible-Asset is ranked better than 55.6% of 1090
companies
in the Business Services industry
Industry Median: 4.36
vs BOM:543897: 5.25
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.
Sancode Technologies Return-on-Tangible-Asset Related Terms
Sancode Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sancode 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:543897 vs VRSK, EFX, BAH: Return-on-Tangible-Asset Comparison
For the Consulting Services subindustry, Sancode 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.
Sancode Technologies Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Sancode Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sancode 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 7.77% mean?
Sancode Technologies (BOM:543897) has a Return-on-Tangible-Asset of 7.77% 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 Sancode Technologies and its competitors. This is 54% above median its historical median of 5.06. According to the industry distribution chart, Sancode Technologies ranks #484 out of 1090 companies in the Business Services industry, placing it in the top 44.4%.
Is Sancode Technologies' Return-on-Tangible-Asset too high?
Sancode Technologies' current Return-on-Tangible-Asset of 7.77% is 54% above median its 10-year median of 5.06. The Business Services industry median Return-on-Tangible-Asset is 4.36. Sancode Technologies' value of 7.77% is 78.2% above this industry median. Based on the distribution chart, Sancode Technologies ranks #484 out of 1090 companies in the Business Services industry, which is above the industry midpoint. Overall, Sancode Technologies has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sancode Technologies' Return-on-Tangible-Asset compare to VRSK and EFX?
According to the Business Services industry distribution chart, Sancode Technologies ranks #484 out of 1090 companies for Return-on-Tangible-Asset. This puts Sancode Technologies in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.36. Sancode Technologies' value of 7.77% is 78.2% above this benchmark. While the company's 10-year median is 5.06 vs. the industry median of 4.36, Sancode 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 1,090 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. Sancode Technologies's current Return-on-Tangible-Asset of 7.77% is 78.2% 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 Sancode 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. Sancode Technologies's current Return-on-Tangible-Asset is 7.77%, which is 54% above median its own 10-year median of 5.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sancode Technologies stock overvalued right now?
Based on GuruFocus' analysis, Sancode Technologies (BOM:543897) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹239.66, compared to a current price of ₹589.95 — trading 146.2% above its estimated fair value. The current Return-on-Tangible-Asset is 7.77%, which is 54% above median its 10-year median of 5.06 and 78.2% above the Business Services industry median of 4.36. Sancode Technologies' overall GF Score™ is 53/100 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 Sancode Technologies (BOM:543897), the current Return-on-Tangible-Asset is 7.77% 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 Sancode Technologies (BOM:543897) Overvalued in 2026?
Based on GuruFocus' analysis, Sancode Technologies stock appears to be overvalued.
The current stock price of ₹589.95 is trading 146.2% above its estimated GF Value™ of ₹239.66.
GuruFocus considers Sancode Technologies to be Significantly Overvalued.
Key valuation signals for BOM:543897:
Return-on-Tangible-Asset: 7.77% (54% above median its 10-year median of 5.06)
GF Value™: ₹239.66 vs. price of ₹589.95 (146.2% above fair value)
Industry Position: 78.2% above the Business Services median (#484 of 1090)
No single metric tells the full story. See the BOM:543897 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sancode Technologies Ltd is engaged in the business of providing technology development and technical / management consultancy services. It engages in software and product Digital transformation, Workflow automation, Artificial intelligence (AI), and Machine learning (ML), Robotic Process Automation (RPA) data Analytics, Metaverse, Web3 applications, and System Integration.
53GF Score
Get the complete analysis for BOM:543897
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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