NetSol TechnologiesKAR:NETSOL 77 Return-on-Tangible-Asset is 22.83% as of Mar. 2026, which is 151% above its 10-year median of 9.10. GuruFocus rates KAR:NETSOL with a GF Score™ of 77/100 and a GF Value™ of ₨177.40 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,882 Software companies, NetSol Technologies ranks better than 90.25% 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. NetSol Technologies's annualizedNet Income for the quarter that ended in Mar. 2026 was ₨3,802 Mil. NetSol Technologies's average total tangible assets for the quarter that ended in Mar. 2026 was ₨16,650 Mil. Therefore, NetSol Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 22.83%.
The historical rank and industry rank for NetSol Technologies's Return-on-Tangible-Asset or its related term are showing as below:
KAR:NETSOL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.44 Med: 9.1 Max: 18.31
Current: 18.31
During the past 12 years, NetSol Technologies's highest Return-on-Tangible-Asset was 18.31%. The lowest was 0.44%. And the median was 9.10%.
KAR:NETSOL's Return-on-Tangible-Asset is ranked better than 90.25% of 2882
companies
in the Software industry
Industry Median: 2.01
vs KAR:NETSOL: 18.31
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.
NetSol Technologies Return-on-Tangible-Asset Related Terms
NetSol Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for NetSol 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.
KAR:NETSOL vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, NetSol 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.
NetSol Technologies Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, NetSol Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where NetSol Technologies'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 22.83% mean?
NetSol Technologies (KAR:NETSOL) has a Return-on-Tangible-Asset of 22.83% 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 NetSol Technologies and its competitors. This is 151% above median its historical median of 9.10. Over the past decade, NetSol Technologies' Return-on-Tangible-Asset has ranged from 0.44 to 18.31. According to the industry distribution chart, NetSol Technologies ranks #281 out of 2882 companies in the Software industry, placing it in the top 9.8%.
Is NetSol Technologies' Return-on-Tangible-Asset too high?
NetSol Technologies' current Return-on-Tangible-Asset of 22.83% is 151% above median its 10-year median of 9.10. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 18.31. The Software industry median Return-on-Tangible-Asset is 2.01. NetSol Technologies' value of 22.83% is 1035.8% above this industry median. Based on the distribution chart, NetSol Technologies ranks #281 out of 2882 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, NetSol Technologies has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NetSol Technologies' Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, NetSol Technologies ranks #281 out of 2882 companies for Return-on-Tangible-Asset. This places NetSol Technologies in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.01. NetSol Technologies' value of 22.83% is 1035.8% above this benchmark. Historically, NetSol Technologies' own Return-on-Tangible-Asset has ranged from 0.44 to 18.31 over the past decade. While the company's 10-year median is 9.10 vs. the industry median of 2.01, NetSol 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 a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.01, based on 2,882 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. NetSol Technologies's current Return-on-Tangible-Asset of 22.83% is 1035.8% 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 NetSol Technologies and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetSol Technologies's current Return-on-Tangible-Asset is 22.83%, which is 151% above median its own 10-year median of 9.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetSol Technologies stock overvalued right now?
Based on GuruFocus' analysis, NetSol Technologies (KAR:NETSOL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨177.40, compared to a current price of ₨134.47 — trading 24.2% below its estimated fair value. The current Return-on-Tangible-Asset is 22.83%, which is 151% above median its 10-year median of 9.10 and 1035.8% above the Software industry median of 2.01. NetSol Technologies' overall GF Score™ is 77/100 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 NetSol Technologies (KAR:NETSOL), the current Return-on-Tangible-Asset is 22.83% 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 NetSol Technologies (KAR:NETSOL) Overvalued in 2026?
Based on GuruFocus' analysis, NetSol Technologies stock appears to be undervalued.
The current stock price of ₨134.47 is trading 24.2% below its estimated GF Value™ of ₨177.40.
GuruFocus considers NetSol Technologies to be Modestly Undervalued.
Key valuation signals for KAR:NETSOL:
Return-on-Tangible-Asset: 22.83% (151% above median its 10-year median of 9.10)
GF Value™: ₨177.40 vs. price of ₨134.47 (24.2% below fair value)
Industry Position: 1035.8% above the Software median (#281 of 2882)
No single metric tells the full story. See the KAR:NETSOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NetSol Technologies Ltd provides Information Technology services & enterprise solutions. It provides solutions for leasing and finance, healthcare technology, insurance, and e-Procurement. Its products include Enterprise Solutions, Business Intelligence, IT Consulting & Business Process Reengineering, Technology & Business Process Outsourcing, Application Development & Maintenance, Cloud Services. Its operating segments are product-based solutions and ancillary services, professional services, and business process outsourcing. Geographically, it operates in Pakistan, Asia Pacific, Australia & the USA, the UK, and other countries.
77GF Score
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