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Aarvi EnconNSE:AARVI -1.94%85 Return-on-Tangible-Asset is 10.14% as of Jun. 2026, which is 14% above its 10-year median of 8.90. GuruFocus rates NSE:AARVI with a GF Score™ of 85/100 and a GF Value™ of ₹161.09 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,091 Business Services companies, Aarvi Encon ranks better than 70.12% 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. Aarvi Encon's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹240 Mil. Aarvi Encon's average total tangible assets for the quarter that ended in Jun. 2026 was ₹2,363 Mil. Therefore, Aarvi Encon's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 10.14%.
The historical rank and industry rank for Aarvi Encon's Return-on-Tangible-Asset or its related term are showing as below:
NSE:AARVI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.25 Med: 8.9 Max: 10.19
Current: 8.68
During the past 13 years, Aarvi Encon's highest Return-on-Tangible-Asset was 10.19%. The lowest was 5.25%. And the median was 8.90%.
NSE:AARVI's Return-on-Tangible-Asset is ranked better than 70.12% of 1091
companies
in the Business Services industry
Industry Median: 4.35
vs NSE:AARVI: 8.68
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.
Aarvi Encon Return-on-Tangible-Asset Related Terms
Aarvi Encon Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Aarvi Encon'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.
NSE:AARVI vs KFY, RHI, TNET: Return-on-Tangible-Asset Comparison
For the Staffing & Employment Services subindustry, Aarvi Encon'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.
Aarvi Encon Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Aarvi Encon's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Aarvi Encon'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 10.14% mean?
Aarvi Encon (NSE:AARVI) has a Return-on-Tangible-Asset of 10.14% 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 Aarvi Encon and its competitors. This is 14% above median its historical median of 8.90. Over the past decade, Aarvi Encon's Return-on-Tangible-Asset has ranged from 5.25 to 10.19. According to the industry distribution chart, Aarvi Encon ranks #326 out of 1091 companies in the Business Services industry, placing it in the top 29.9%.
Is Aarvi Encon's Return-on-Tangible-Asset too high?
Aarvi Encon's current Return-on-Tangible-Asset of 10.14% is 14% above median its 10-year median of 8.90. Over the past 10 years, this metric has ranged from a low of 5.25 to a high of 10.19. The Business Services industry median Return-on-Tangible-Asset is 4.35. Aarvi Encon's value of 10.14% is 133.1% above this industry median. Based on the distribution chart, Aarvi Encon ranks #326 out of 1091 companies in the Business Services industry, which is above the industry midpoint. Overall, Aarvi Encon has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aarvi Encon's Return-on-Tangible-Asset compare to KFY and RHI?
According to the Business Services industry distribution chart, Aarvi Encon ranks #326 out of 1091 companies for Return-on-Tangible-Asset. This puts Aarvi Encon in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.35. Aarvi Encon's value of 10.14% is 133.1% above this benchmark. Historically, Aarvi Encon's own Return-on-Tangible-Asset has ranged from 5.25 to 10.19 over the past decade. While the company's 10-year median is 8.90 vs. the industry median of 4.35, Aarvi Encon 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 4.35, based on 1,091 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. Aarvi Encon's current Return-on-Tangible-Asset of 10.14% is 133.1% 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 Aarvi Encon and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aarvi Encon's current Return-on-Tangible-Asset is 10.14%, which is 14% above median its own 10-year median of 8.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aarvi Encon stock overvalued right now?
Based on GuruFocus' analysis, Aarvi Encon (NSE:AARVI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹161.09, compared to a current price of ₹142.25 — trading 11.7% below its estimated fair value. The current Return-on-Tangible-Asset is 10.14%, which is 14% above median its 10-year median of 8.90 and 133.1% above the Business Services industry median of 4.35. Aarvi Encon's overall GF Score™ is 85/100 with 3 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 Aarvi Encon (NSE:AARVI), the current Return-on-Tangible-Asset is 10.14% 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.
Is Aarvi Encon (NSE:AARVI) Overvalued in 2026?
Based on GuruFocus' analysis, Aarvi Encon stock appears to be undervalued.
The current stock price of ₹142.25 is trading 11.7% below its estimated GF Value™ of ₹161.09.
GuruFocus considers Aarvi Encon to be Modestly Undervalued.
Key valuation signals for NSE:AARVI:
Return-on-Tangible-Asset: 10.14% (14% above median its 10-year median of 8.90)
GF Value™: ₹161.09 vs. price of ₹142.25 (11.7% below fair value)
Industry Position: 133.1% above the Business Services median (#326 of 1091)
No single metric tells the full story. See the NSE:AARVI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aarvi Encon Ltd is a technical manpower outsourcing company providing Staffing solutions to companies in different sectors. Its services include Information Technology Staffing, Manpower Outsourcing, Manpower Deputation, Project Management, Construction Supervision, and Inspection Services, among others. The company caters its services to industries such as Oil and Gas, Engineering, Metals and Minerals, Fertilizer, Telecom, Pipeline, Infrastructure, and others. Geographically, it generates the majority of the revenue from India.
85GF Score
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