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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. Amreli Steels's annualizedNet Income for the quarter that ended in Mar. 2026 was ₨-1,221 Mil. Amreli Steels's average total tangible assets for the quarter that ended in Mar. 2026 was ₨41,540 Mil. Therefore, Amreli Steels's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -2.94%.
The historical rank and industry rank for Amreli Steels's Return-on-Tangible-Asset or its related term are showing as below:
KAR:ASTL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14 Med: 1.71 Max: 8.83
Current: -0.2
During the past 13 years, Amreli Steels's highest Return-on-Tangible-Asset was 8.83%. The lowest was -14.00%. And the median was 1.71%.
KAR:ASTL's Return-on-Tangible-Asset is ranked worse than 70.5% of 634
companies
in the Steel industry
Industry Median: 2.015
vs KAR:ASTL: -0.20
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.
Amreli Steels Return-on-Tangible-Asset Related Terms
Amreli Steels Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Amreli Steels'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.
KAR:ASTL vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Amreli Steels'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.
Amreli Steels Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Amreli Steels's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Amreli Steels'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 -2.94% mean?
Amreli Steels (KAR:ASTL) has a Return-on-Tangible-Asset of -2.94% 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 Amreli Steels and its competitors. According to the industry distribution chart, Amreli Steels ranks #447 out of 634 companies in the Steel industry, placing it in the top 70.5%.
Is Amreli Steels' Return-on-Tangible-Asset too high?
Amreli Steels' current Return-on-Tangible-Asset is -2.94%. Based on the distribution chart, Amreli Steels ranks #447 out of 634 companies in the Steel industry, which is below the industry midpoint. Overall, Amreli Steels has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Amreli Steels' Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Amreli Steels ranks #447 out of 634 companies for Return-on-Tangible-Asset. This places Amreli Steels in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.02. 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.02, based on 634 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 Amreli Steels and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amreli Steels's current Return-on-Tangible-Asset is -2.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amreli Steels stock overvalued right now?
Based on GuruFocus' analysis, Amreli Steels (KAR:ASTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨9.77, compared to a current price of ₨15.85 — trading 62.2% above its estimated fair value. The current Return-on-Tangible-Asset is -2.94%. Amreli Steels' overall GF Score™ is 48/100 with 6 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 Amreli Steels (KAR:ASTL), the current Return-on-Tangible-Asset is -2.94% 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.
Is Amreli Steels (KAR:ASTL) Overvalued in 2026?
Based on GuruFocus' analysis, Amreli Steels stock appears to be overvalued.
The current stock price of ₨15.85 is trading 62.2% above its estimated GF Value™ of ₨9.77.
GuruFocus considers Amreli Steels to be Significantly Overvalued.
Key valuation signals for KAR:ASTL:
Return-on-Tangible-Asset: -2.94%
GF Value™: ₨9.77 vs. price of ₨15.85 (62.2% above fair value)
No single metric tells the full story. See the KAR:ASTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Amreli Steels Ltd is involved in the manufacturing of steel reinforcement bars in Pakistan. The company's product offerings include Amreli Steels Maxima, Amreli Steels Ultima, Amreli Steels Xtreme and others. The majority of the firm's revenue is derived from Pakistan.
48GF Score
Get the complete analysis for KAR:ASTL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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