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Suraj Estate Developers (BOM:544054) Return-on-Tangible-Asset : 4.20% (As of Mar. 2025)


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What is Suraj Estate Developers Return-on-Tangible-Asset?

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. Suraj Estate Developers's annualized Net Income for the quarter that ended in Mar. 2025 was ₹729 Mil. Suraj Estate Developers's average total tangible assets for the quarter that ended in Mar. 2025 was ₹17,362 Mil. Therefore, Suraj Estate Developers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 4.20%.

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

BOM:544054' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.79   Med: 3.49   Max: 6.82
Current: 6.82

During the past 5 years, Suraj Estate Developers's highest Return-on-Tangible-Asset was 6.82%. The lowest was 0.79%. And the median was 3.49%.

BOM:544054's Return-on-Tangible-Asset is ranked better than
87.73% of 1809 companies
in the Real Estate industry
Industry Median: 1.41 vs BOM:544054: 6.82

Suraj Estate Developers Return-on-Tangible-Asset Historical Data

The historical data trend for Suraj Estate Developers'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.

* Premium members only.

Suraj Estate Developers Return-on-Tangible-Asset Chart

Suraj Estate Developers Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
0.79 3.24 3.49 5.94 6.64

Suraj Estate Developers Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6.02 9.42 9.16 5.75 4.20

Competitive Comparison of Suraj Estate Developers's Return-on-Tangible-Asset

For the Real Estate - Development subindustry, Suraj Estate Developers'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.


Suraj Estate Developers's Return-on-Tangible-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Suraj Estate Developers's Return-on-Tangible-Asset distribution charts can be found below:

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


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Suraj Estate Developers Return-on-Tangible-Asset Calculation

Suraj Estate Developers's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=1001.64/( (12795.49+17361.63)/ 2 )
=1001.64/15078.56
=6.64 %

Suraj Estate Developers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=728.6/( (0+17361.63)/ 1 )
=728.6/17361.63
=4.20 %

* 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. 2025) net income data.


Suraj Estate Developers  (BOM:544054) 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.


Suraj Estate Developers Return-on-Tangible-Asset Related Terms

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Suraj Estate Developers Business Description

Traded in Other Exchanges
Address
Veer Savarkar Marg, 301, 3rd Floor, Aman Chambers, Opposite Bengal Chemicals, Prabhadevi, Mumbai, MH, IND, 400025
Suraj Estate Developers Ltd is involved in the real estate business. It develops real estate across the residential and commercial sectors in the South Central Mumbai region. The Company is principally engaged in the development of real estate in India which includes the development and sale of residential and commercial premises. The company generates all of its revenue within India. The company's projects include Suraj Emmanuel, Ocean Star, Suraj Lumina, The Palette, Louisandra, Ave Maria, Nirvana, Vitalis, Park View, and Eterna.

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