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Indus GasLSE:INDI -32.00% Return-on-Tangible-Asset is 0.25% as of Sep. 2025, which is 91% below its 10-year median of 2.79. The stock has 6 warning signs investors should review.
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. Indus Gas's annualizedNet Income for the quarter that ended in Sep. 2025 was £1.69 Mil. Indus Gas's average total tangible assets for the quarter that ended in Sep. 2025 was £681.11 Mil. Therefore, Indus Gas's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 0.25%.
The historical rank and industry rank for Indus Gas's Return-on-Tangible-Asset or its related term are showing as below:
LSE:INDI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -34.44 Med: 2.79 Max: 4.9
Current: -34.44
During the past 13 years, Indus Gas's highest Return-on-Tangible-Asset was 4.90%. The lowest was -34.44%. And the median was 2.79%.
LSE:INDI's Return-on-Tangible-Asset is not ranked
in the Oil & Gas industry.
Industry Median: 2.04
vs LSE:INDI: -34.44
Indus Gas (LSE:INDI) 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 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.
Indus Gas Return-on-Tangible-Asset Related Terms
Indus Gas Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Indus Gas'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:INDI vs COP, EOG, FANG: Return-on-Tangible-Asset Comparison
For the Oil & Gas E&P subindustry, Indus Gas'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.
Indus Gas Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Indus Gas's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Indus Gas'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 two times the semi-annual (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.25% mean?
Indus Gas (LSE:INDI) has a Return-on-Tangible-Asset of 0.25% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Indus Gas and its competitors. This is 91% below median its historical median of 2.79.
Is Indus Gas' Return-on-Tangible-Asset too high?
Indus Gas' current Return-on-Tangible-Asset of 0.25% is 91% below median its 10-year median of 2.79. The Oil & Gas industry median Return-on-Tangible-Asset is 2.04. Indus Gas' value of 0.25% is 87.7% below this industry median.
How does Indus Gas' Return-on-Tangible-Asset compare to COP and EOG?
Indus Gas' Return-on-Tangible-Asset of 0.25% can be compared against companies in the Oil & Gas industry. The industry median Return-on-Tangible-Asset is 2.04. Indus Gas' value of 0.25% is 87.7% below this benchmark. While the company's 10-year median is 2.79 vs. the industry median of 2.04, Indus Gas has consistently been below 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 an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.04, based on 1,027 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. Indus Gas's current Return-on-Tangible-Asset of 0.25% is 87.7% below 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 Indus Gas and its competitors. For the Oil & Gas 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. Indus Gas's current Return-on-Tangible-Asset is 0.25%, which is 91% below median its own 10-year median of 2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Gas stock overvalued right now?
Indus Gas (LSE:INDI) has a current Return-on-Tangible-Asset of 0.25%. The stock's GF Value™ is £0.14, compared to a current price of £0.01 — trading 90.3% below its estimated fair value. The current Return-on-Tangible-Asset is 0.25%, which is 91% below median its 10-year median of 2.79 and 87.7% below the Oil & Gas industry median of 2.04. 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 Indus Gas (LSE:INDI), the current Return-on-Tangible-Asset is 0.25% as of Sep. 2025. 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.
Indus Gas Ltd is an oil and gas exploration and development company. It predominantly operates in India, focusing on exploration, development, production, distribution, and marketing of hydrocarbons, including natural gas. The company holds a participating interest in Block RJ-ON/6, an onshore petroleum concession in Rajasthan, India, covering a large area in the Indus Basin. Its operations involve partnerships with entities like Oil and Natural Gas Corporation Ltd. (ONGC) and Focus Energy Ltd., with ONGC having back-in rights for participating interests in discovered fields. Indus Gas sells natural gas prominently to GAIL (India) Ltd and continues to evaluate other opportunities in the oil and gas sector.
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