Ittefaq Iron Industries (KAR:ITTEFAQ) Return-on-Tangible-Asset: 0.00% (As of . 20)


What is Ittefaq Iron Industries Return-on-Tangible-Asset?

Ittefaq Iron Industries KAR:ITTEFAQ -6.08% Return-on-Tangible-Asset is 0.00% as of . 20. The stock has 1 warning sign investors should review. Among 633 Steel companies, Ittefaq Iron Industries ranks worse than 157977.73% 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. Ittefaq Iron Industries's annualized Net Income for the quarter that ended in . 20 was ₨ Mil. Ittefaq Iron Industries's average total tangible assets for the quarter that ended in . 20 was ₨ Mil. Therefore, Ittefaq Iron Industries's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

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

KAR:ITTEFAQ's Return-on-Tangible-Asset is not ranked *
in the Steel industry.
Industry Median: 1.97
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Ittefaq Iron Industries  (KAR:ITTEFAQ) 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.

Ittefaq Iron Industries Return-on-Tangible-Asset Related Terms

Ittefaq Iron Industries Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Ittefaq Iron Industries'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.

Ittefaq Iron Industries Return-on-Tangible-Asset Chart

Ittefaq Iron Industries Annual Data
Trend
Return-on-Tangible-Asset

Ittefaq Iron Industries Semi-Annual Data
Return-on-Tangible-Asset

KAR:ITTEFAQ vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison

For the Steel subindustry, Ittefaq Iron Industries'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.

Ittefaq Iron Industries Return-on-Tangible-Asset vs Steel Industry

For the Steel industry and Basic Materials sector, Ittefaq Iron Industries's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Ittefaq Iron Industries's Return-on-Tangible-Asset falls into.


Ittefaq Iron Industries Return-on-Tangible-Asset Calculation

Ittefaq Iron Industries's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

Ittefaq Iron Industries's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 (. 20) net income data.

What does a Return-on-Tangible-Asset of 0.00% mean?
Ittefaq Iron Industries (KAR:ITTEFAQ) has a Return-on-Tangible-Asset of 0.00% as of . 20. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ittefaq Iron Industries and its competitors. According to the industry distribution chart, Ittefaq Iron Industries ranks #999999 out of 633 companies in the Steel industry.
Is Ittefaq Iron Industries' Return-on-Tangible-Asset too high?
Ittefaq Iron Industries' current Return-on-Tangible-Asset is 0.00%. Based on the distribution chart, Ittefaq Iron Industries ranks #999999 out of 633 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Ittefaq Iron Industries' Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Ittefaq Iron Industries ranks #999999 out of 633 companies for Return-on-Tangible-Asset. This places Ittefaq Iron Industries in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.97. 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 1.97, based on 633 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 Ittefaq Iron Industries and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ittefaq Iron Industries'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 Ittefaq Iron Industries stock overvalued right now?
Ittefaq Iron Industries (KAR:ITTEFAQ) has a current Return-on-Tangible-Asset of 0.00%. The current Return-on-Tangible-Asset is 0.00%. 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 Ittefaq Iron Industries (KAR:ITTEFAQ), the current Return-on-Tangible-Asset is 0.00% as of . 20. 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.

Ittefaq Iron Industries Business Description

Address Gulberg III, 40-B II, Lahore, PB, PAK
Ittefaq Iron Industries Ltd is engaged in the manufacturing of Iron Bars and Girders. The products of the company include deformed bars, girder, T-Iron, I and B beam, Angel and Channel, and steel billets.