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Highway InfrastructureBOM:544477 -0.70%18 Return-on-Tangible-Asset is 1.13% as of Jun. 2026, which is 88% below its 10-year median of 9.06. GuruFocus rates BOM:544477 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,793 Construction companies, Highway Infrastructure ranks better than 80.54% 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. Highway Infrastructure's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹43 Mil. Highway Infrastructure's average total tangible assets for the quarter that ended in Jun. 2026 was ₹3,772 Mil. Therefore, Highway Infrastructure's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.13%.
The historical rank and industry rank for Highway Infrastructure's Return-on-Tangible-Asset or its related term are showing as below:
BOM:544477'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.37 Med: 9.06 Max: 10.56
Current: 8.46
During the past 5 years, Highway Infrastructure's highest Return-on-Tangible-Asset was 10.56%. The lowest was 5.37%. And the median was 9.06%.
BOM:544477's Return-on-Tangible-Asset is ranked better than 80.54% of 1793
companies
in the Construction industry
Industry Median: 3.06
vs BOM:544477: 8.46
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.
Highway Infrastructure Return-on-Tangible-Asset Related Terms
Highway Infrastructure Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Highway Infrastructure'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.
For the Infrastructure Operations subindustry, Highway Infrastructure'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.
Highway Infrastructure Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Highway Infrastructure's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Highway Infrastructure'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 four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.13% mean?
Highway Infrastructure (BOM:544477) has a Return-on-Tangible-Asset of 1.13% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Highway Infrastructure and its competitors. This is 88% below median its historical median of 9.06. Over the past decade, Highway Infrastructure's Return-on-Tangible-Asset has ranged from 5.37 to 10.56. According to the industry distribution chart, Highway Infrastructure ranks #349 out of 1793 companies in the Construction industry, placing it in the top 19.5%.
Is Highway Infrastructure's Return-on-Tangible-Asset too high?
Highway Infrastructure's current Return-on-Tangible-Asset of 1.13% is 88% below median its 10-year median of 9.06. Over the past 10 years, this metric has ranged from a low of 5.37 to a high of 10.56. The Construction industry median Return-on-Tangible-Asset is 3.06. Highway Infrastructure's value of 1.13% is 63.1% below this industry median. Based on the distribution chart, Highway Infrastructure ranks #349 out of 1793 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Highway Infrastructure has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Highway Infrastructure's Return-on-Tangible-Asset compare to competitors?
According to the Construction industry distribution chart, Highway Infrastructure ranks #349 out of 1793 companies for Return-on-Tangible-Asset. This places Highway Infrastructure in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.06. Highway Infrastructure's value of 1.13% is 63.1% below this benchmark. Historically, Highway Infrastructure's own Return-on-Tangible-Asset has ranged from 5.37 to 10.56 over the past decade. While the company's 10-year median is 9.06 vs. the industry median of 3.06, Highway Infrastructure has consistently been below 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,793 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. Highway Infrastructure's current Return-on-Tangible-Asset of 1.13% is 63.1% below 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 Highway Infrastructure and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highway Infrastructure's current Return-on-Tangible-Asset is 1.13%, which is 88% below median its own 10-year median of 9.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highway Infrastructure stock overvalued right now?
Highway Infrastructure (BOM:544477) has a current Return-on-Tangible-Asset of 1.13%. The current Return-on-Tangible-Asset is 1.13%, which is 88% below median its 10-year median of 9.06 and 63.1% below the Construction industry median of 3.06. Highway Infrastructure's overall GF Score™ is 18/100 with 4 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 Highway Infrastructure (BOM:544477), the current Return-on-Tangible-Asset is 1.13% as of Jun. 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.
Highway Infrastructure Ltd is an infrastructure development and management Company. It is engaged in the business of tollway collection, EPC Infra and real estate business. It is one of the few toll operators who have managed tollway collection based on ANPR technology on Delhi-Meerut Expressway. The Company has operated tolls on some of the known inter-state and intra-state expressways across 11 states and one Union Territory.
18GF Score
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