Oneindig Technologies (BOM:544852) Return-on-Tangible-Asset: 13.30% (As of Mar. 2025) — Near Median

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BOM:544852 Oneindig Technologies Ltd BOM:544852
17 GF Score
Price ₹138.00
! 1 Warning Sign
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What is Oneindig Technologies Return-on-Tangible-Asset?

Oneindig Technologies BOM:544852 +2.76% 17 Return-on-Tangible-Asset is 13.30% as of Mar. 2025, which is at its 10-year median of 13.30. GuruFocus rates BOM:544852 with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 453 Utilities - Independent Power Producers companies, Oneindig Technologies ranks better than 93.6% 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. Oneindig Technologies's annualized Net Income for the quarter that ended in Mar. 2025 was ₹41.6 Mil. Oneindig Technologies's average total tangible assets for the quarter that ended in Mar. 2025 was ₹313.0 Mil. Therefore, Oneindig Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 13.30%.

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

BOM:544852' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.79   Med: 13.3   Max: 14.47
Current: 13.3

During the past 3 years, Oneindig Technologies's highest Return-on-Tangible-Asset was 14.47%. The lowest was 0.79%. And the median was 13.30%.

BOM:544852's Return-on-Tangible-Asset is ranked better than
93.6% of 453 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.1 vs BOM:544852: 13.30

Oneindig Technologies  (BOM:544852) 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.


Oneindig Technologies Return-on-Tangible-Asset Related Terms


Oneindig Technologies Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Oneindig 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.

Oneindig Technologies Return-on-Tangible-Asset Chart

Oneindig Technologies Annual Data
Trend Mar23 Mar24 Mar25
Return-on-Tangible-Asset
0.79 14.47 13.30

Oneindig Technologies Semi-Annual Data
Mar23 Mar24 Mar25
Return-on-Tangible-Asset 0.79 14.47 13.30

Oneindig Technologies Return-on-Tangible-Asset Competitor Comparison

For the Utilities - Renewable subindustry, Oneindig 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.


Oneindig Technologies Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Oneindig Technologies's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Oneindig Technologies's Return-on-Tangible-Asset falls into.


BOM:544852
17GF Score
Oneindig Technologies Ltd BOM:544852
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oneindig Technologies Return-on-Tangible-Asset Calculation

Oneindig Technologies'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 )
=41.647/( (271.509+354.58)/ 2 )
=41.647/313.0445
=13.30 %

Oneindig Technologies'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: Mar. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Mar. 2024 )(Q: Mar. 2025 )
=41.647/( (271.509+354.58)/ 2 )
=41.647/313.0445
=13.30 %

* 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 one times the annual (Mar. 2025) net income data.

What does a Return-on-Tangible-Asset of 13.30% mean?
Oneindig Technologies (BOM:544852) has a Return-on-Tangible-Asset of 13.30% as of Mar. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Oneindig Technologies and its competitors. This is near median its historical median of 13.30. Over the past decade, Oneindig Technologies' Return-on-Tangible-Asset has ranged from 0.79 to 14.47. According to the industry distribution chart, Oneindig Technologies ranks #29 out of 453 companies in the Utilities - Independent Power Producers industry, placing it in the top 6.4%.
Is Oneindig Technologies' Return-on-Tangible-Asset too high?
Oneindig Technologies' current Return-on-Tangible-Asset of 13.30% is near median its 10-year median of 13.30. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 14.47. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.10. Oneindig Technologies' value of 13.30% is 1109.1% above this industry median. Based on the distribution chart, Oneindig Technologies ranks #29 out of 453 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Oneindig Technologies has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Oneindig Technologies' Return-on-Tangible-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Oneindig Technologies ranks #29 out of 453 companies for Return-on-Tangible-Asset. This places Oneindig Technologies in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.10. Oneindig Technologies' value of 13.30% is 1109.1% above this benchmark. Historically, Oneindig Technologies' own Return-on-Tangible-Asset has ranged from 0.79 to 14.47 over the past decade. While the company's 10-year median is 13.30 vs. the industry median of 1.10, Oneindig 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.10, based on 453 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. Oneindig Technologies's current Return-on-Tangible-Asset of 13.30% is 1109.1% 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 Oneindig Technologies and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oneindig Technologies's current Return-on-Tangible-Asset is 13.30%, which is near median its own 10-year median of 13.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oneindig Technologies stock overvalued right now?
Oneindig Technologies (BOM:544852) has a current Return-on-Tangible-Asset of 13.30%. The current Return-on-Tangible-Asset is 13.30%, which is near median its 10-year median of 13.30 and 1109.1% above the Utilities - Independent Power Producers industry median of 1.10. Oneindig Technologies' overall GF Score™ is 17/100 with 1 warning sign 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 Oneindig Technologies (BOM:544852), the current Return-on-Tangible-Asset is 13.30% as of Mar. 2025. 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.

Oneindig Technologies Business Description

Address DDA Sheds, Okhla Industrial Area Phase-1, C-48, 3rd Floor, South Delhi, New Delhi, IND, 110020
Oneindig Technologies Ltd is engaged in providing Engineering, Procurement and Commissioning (EPC) services in the solar energy sector. It is focused on diverse solar projects, including residential rooftop, commercial & industrial (C&I) rooftop, ground-mountedprojects and solar water pumps for Private clients and Government entities. Additionally, the company also supplies various solar products and equipment, including Solar PV (Photovoltaic) Modules, Solar inverters, Solar pump controllers, ESS(Li-ion/Lead Acid), ACDB/DCDB.LT/ HT Panels and all kinds of wires and cables. It is also engaged in Independent Power Producer activities. The company operates in a single segment of solar integrated solutions in India only.
17GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹138.00
Price