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VedantaBUE:VEDL 61 Return-on-Tangible-Asset is 9.74% as of Jun. 2026, which is 134% above its 10-year median of 4.16. GuruFocus rates BUE:VEDL with a GF Score™ of 61/100. The stock has 4 warning signs investors should review. Among 2,666 Metals & Mining companies, Vedanta ranks better than 87.1% 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. Vedanta's annualizedNet Income for the quarter that ended in Jun. 2026 was ARS3,414,753.17 Mil. Vedanta's average total tangible assets for the quarter that ended in Jun. 2026 was ARS35,060,448.50 Mil. Therefore, Vedanta's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 9.74%.
The historical rank and industry rank for Vedanta's Return-on-Tangible-Asset or its related term are showing as below:
BUE:VEDL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.34 Med: 4.16 Max: 10.05
Current: 9.14
During the past 13 years, Vedanta's highest Return-on-Tangible-Asset was 10.05%. The lowest was -3.34%. And the median was 4.16%.
BUE:VEDL's Return-on-Tangible-Asset is ranked better than 87.1% of 2666
companies
in the Metals & Mining industry
Industry Median: -17.3
vs BUE:VEDL: 9.14
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.
Vedanta Return-on-Tangible-Asset Related Terms
Vedanta Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Vedanta'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 Other Industrial Metals & Mining subindustry, Vedanta'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.
Vedanta Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Vedanta's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Vedanta'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 9.74% mean?
Vedanta (BUE:VEDL) has a Return-on-Tangible-Asset of 9.74% 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 Vedanta and its competitors. This is 134% above median its historical median of 4.16. According to the industry distribution chart, Vedanta ranks #344 out of 2666 companies in the Metals & Mining industry, placing it in the top 12.9%.
Is Vedanta's Return-on-Tangible-Asset too high?
Vedanta's current Return-on-Tangible-Asset of 9.74% is 134% above median its 10-year median of 4.16. Based on the distribution chart, Vedanta ranks #344 out of 2666 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Vedanta has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Vedanta's Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Vedanta ranks #344 out of 2666 companies for Return-on-Tangible-Asset. This places Vedanta in the top 13% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining industry context. 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 Vedanta and its competitors. Vedanta's current Return-on-Tangible-Asset is 9.74%, which is 134% above median its own 10-year median of 4.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vedanta stock overvalued right now?
Vedanta (BUE:VEDL) has a current Return-on-Tangible-Asset of 9.74%. The current Return-on-Tangible-Asset is 9.74%, which is 134% above median its 10-year median of 4.16. Vedanta's overall GF Score™ is 61/100 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 Vedanta (BUE:VEDL), the current Return-on-Tangible-Asset is 9.74% 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.
Vedanta Ltd is a diversified natural resource Group engaged in exploring, extracting and processing minerals. The Group engages in the exploration, production and sale of zinc, lead, silver, copper, iron ore and has a presence across India, South Africa, Namibia, Ireland, Australia, Liberia and UAE. The Group is also in the business of commercial power generation, powercables, steel manufacturing and port operations in India and manufacturing of glass substrate in South Korea and Taiwan. The Group's reportable segments are copper, power, Zinc India, Zinc international, and others. It generates majority of revenue from Zinc India. It has presence in India, Europe, Saudi Arabia, China, The United States of America, Mexico, and Others of which majority of revenue is from India.
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