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Hexaware TechnologiesLSE:35PJ 40 Return-on-Tangible-Asset is 16.96% as of Jun. 2026, which is 16% below its 10-year median of 20.14. GuruFocus rates LSE:35PJ with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 2,893 Software companies, Hexaware 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. Hexaware Technologies's annualizedNet Income for the quarter that ended in Jun. 2026 was £104.22 Mil. Hexaware Technologies's average total tangible assets for the quarter that ended in Jun. 2026 was £614.53 Mil. Therefore, Hexaware Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 16.96%.
The historical rank and industry rank for Hexaware Technologies's Return-on-Tangible-Asset or its related term are showing as below:
LSE:35PJ'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 18.74 Med: 20.14 Max: 22.58
Current: 18.4
During the past 13 years, Hexaware Technologies's highest Return-on-Tangible-Asset was 22.58%. The lowest was 18.74%. And the median was 20.14%.
LSE:35PJ's Return-on-Tangible-Asset is ranked better than 90.25% of 2893
companies
in the Software industry
Industry Median: 2.04
vs LSE:35PJ: 18.40
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.
Hexaware Technologies Return-on-Tangible-Asset Related Terms
Hexaware Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hexaware 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.
LSE:35PJ vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Hexaware 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.
Hexaware Technologies Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Hexaware Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hexaware 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 16.96% mean?
Hexaware Technologies (LSE:35PJ) has a Return-on-Tangible-Asset of 16.96% 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 Hexaware Technologies and its competitors. This is 16% below median its historical median of 20.14. Over the past decade, Hexaware Technologies' Return-on-Tangible-Asset has ranged from 18.74 to 22.58. According to the industry distribution chart, Hexaware Technologies ranks #282 out of 2893 companies in the Software industry, placing it in the top 9.7%.
Is Hexaware Technologies' Return-on-Tangible-Asset too high?
Hexaware Technologies' current Return-on-Tangible-Asset of 16.96% is 16% below median its 10-year median of 20.14. Over the past 10 years, this metric has ranged from a low of 18.74 to a high of 22.58. The Software industry median Return-on-Tangible-Asset is 2.04. Hexaware Technologies' value of 16.96% is 731.4% above this industry median. Based on the distribution chart, Hexaware Technologies ranks #282 out of 2893 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Hexaware Technologies has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Hexaware Technologies' Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Hexaware Technologies ranks #282 out of 2893 companies for Return-on-Tangible-Asset. This places Hexaware Technologies in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.04. Hexaware Technologies' value of 16.96% is 731.4% above this benchmark. Historically, Hexaware Technologies' own Return-on-Tangible-Asset has ranged from 18.74 to 22.58 over the past decade. While the company's 10-year median is 20.14 vs. the industry median of 2.04, Hexaware 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 2.04, based on 2,893 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. Hexaware Technologies's current Return-on-Tangible-Asset of 16.96% is 731.4% 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 Hexaware Technologies and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexaware Technologies's current Return-on-Tangible-Asset is 16.96%, which is 16% below median its own 10-year median of 20.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexaware Technologies stock overvalued right now?
Hexaware Technologies (LSE:35PJ) has a current Return-on-Tangible-Asset of 16.96%. The current Return-on-Tangible-Asset is 16.96%, which is 16% below median its 10-year median of 20.14 and 731.4% above the Software industry median of 2.04. Hexaware Technologies' overall GF Score™ is 40/100 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 Hexaware Technologies (LSE:35PJ), the current Return-on-Tangible-Asset is 16.96% 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.
Hexaware Technologies Ltd is a digital and technology services company with artificial intelligence. The segments of the company are based on the industries served: Financial Services, Healthcare and Insurance, Manufacturing and Consumer, Hi-Tech and Professional Services, Banking, and Travel and Transportation. The firm generates key revenue from the Travel and Transportation segment. Geographically, the firm generates the majority of its revenue from the Americas.
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