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Technocrats Plasma SystemsBOM:544877 -0.84%15 Return-on-Tangible-Asset is 0.00% as of Mar. 2026. GuruFocus rates BOM:544877 with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 3,089 Industrial Products companies, Technocrats Plasma Systems ranks better than 67.04% 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. Technocrats Plasma Systems's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹0.0 Mil. Technocrats Plasma Systems's average total tangible assets for the quarter that ended in Mar. 2026 was ₹693.4 Mil. Therefore, Technocrats Plasma Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.00%.
The historical rank and industry rank for Technocrats Plasma Systems's Return-on-Tangible-Asset or its related term are showing as below:
BOM:544877'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.08 Med: 22.49 Max: 32.28
Current: 6.08
During the past 4 years, Technocrats Plasma Systems's highest Return-on-Tangible-Asset was 32.28%. The lowest was 6.08%. And the median was 22.49%.
BOM:544877's Return-on-Tangible-Asset is ranked better than 67.04% of 3089
companies
in the Industrial Products industry
Industry Median: 3.43
vs BOM:544877: 6.08
Technocrats Plasma Systems (BOM:544877) 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 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.
Technocrats Plasma Systems Return-on-Tangible-Asset Related Terms
Technocrats Plasma Systems Return-on-Tangible-Asset Historical Data
* 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.
Technocrats Plasma Systems Return-on-Tangible-Asset Chart
Technocrats Plasma Systems Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Asset
12.92
17.48
32.28
27.50
Technocrats Plasma Systems Quarterly Data
Mar23
Mar24
Mar25
Jun25
Mar26
Return-on-Tangible-Asset
0.00
0.00
0.00
27.49
0.00
BOM:544877 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Technocrats Plasma Systems'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.
Technocrats Plasma Systems Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Technocrats Plasma Systems's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Technocrats Plasma Systems'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.00% mean?
Technocrats Plasma Systems (BOM:544877) has a Return-on-Tangible-Asset of 0.00% 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 Technocrats Plasma Systems and its competitors. Over the past decade, Technocrats Plasma Systems' Return-on-Tangible-Asset has ranged from 6.08 to 32.28. According to the industry distribution chart, Technocrats Plasma Systems ranks #1018 out of 3089 companies in the Industrial Products industry, placing it in the top 33%.
Is Technocrats Plasma Systems' Return-on-Tangible-Asset too high?
Technocrats Plasma Systems' current Return-on-Tangible-Asset is 0.00%. Over the past 10 years, this metric has ranged from a low of 6.08 to a high of 32.28. Based on the distribution chart, Technocrats Plasma Systems ranks #1018 out of 3089 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Technocrats Plasma Systems has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Technocrats Plasma Systems' Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Technocrats Plasma Systems ranks #1018 out of 3089 companies for Return-on-Tangible-Asset. This puts Technocrats Plasma Systems in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.43. Historically, Technocrats Plasma Systems' own Return-on-Tangible-Asset has ranged from 6.08 to 32.28 over the past decade. 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 3.43, based on 3,089 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 Technocrats Plasma Systems and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technocrats Plasma Systems's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technocrats Plasma Systems stock overvalued right now?
Technocrats Plasma Systems (BOM:544877) has a current Return-on-Tangible-Asset of 0.00%. The current Return-on-Tangible-Asset is 0.00%. Technocrats Plasma Systems' overall GF Score™ is 15/100 with 2 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 Technocrats Plasma Systems (BOM:544877), the current Return-on-Tangible-Asset is 0.00% 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.
Technocrats Plasma Systems Ltd operates as an engineering-led manufacturer of plasma cutting machines, welding equipment and customised automation systems for metal fabrication and related industries in India. Its product portfolio includes manual and CNC-controlled plate and pipe cutting systems for different material thicknesses and profiles, welding equipment for MIG, TIG, ARC, SAW and laser processes, and automation solutions for cutting and welding lines. The company serves various sectors including automotive, construction, shipbuilding, heavy engineering and general manufacturing. The majority of revenue is derived from tailored configurations and upgrades for new and existing machines, and Lifecycle support services for supplied equipment.
15GF Score
Get the complete analysis for BOM:544877
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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