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Aeroflex IndustriesNSE:AEROFLEX -0.06%60 Return-on-Tangible-Asset is 12.53% as of Mar. 2026, which is 5% below its 10-year median of 13.15. GuruFocus rates NSE:AEROFLEX with a GF Score™ of 60/100 and a GF Value™ of ₹240.77 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 3,073 Industrial Products companies, Aeroflex Industries ranks better than 89.13% 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. Aeroflex Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹705 Mil. Aeroflex Industries's average total tangible assets for the quarter that ended in Mar. 2026 was ₹5,629 Mil. Therefore, Aeroflex Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.53%.
The historical rank and industry rank for Aeroflex Industries's Return-on-Tangible-Asset or its related term are showing as below:
NSE:AEROFLEX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.99 Med: 13.15 Max: 15.99
Current: 11.45
During the past 7 years, Aeroflex Industries's highest Return-on-Tangible-Asset was 15.99%. The lowest was 2.99%. And the median was 13.15%.
NSE:AEROFLEX's Return-on-Tangible-Asset is ranked better than 89.13% of 3073
companies
in the Industrial Products industry
Industry Median: 3.24
vs NSE:AEROFLEX: 11.45
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.
Aeroflex Industries Return-on-Tangible-Asset Related Terms
Aeroflex Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Aeroflex 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.
NSE:AEROFLEX vs CRS, ATI, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, Aeroflex 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.
Aeroflex Industries Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Aeroflex Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Aeroflex Industries'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 12.53% mean?
Aeroflex Industries (NSE:AEROFLEX) has a Return-on-Tangible-Asset of 12.53% 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 Aeroflex Industries and its competitors. This is near median its historical median of 13.15. Over the past decade, Aeroflex Industries' Return-on-Tangible-Asset has ranged from 2.99 to 15.99. According to the industry distribution chart, Aeroflex Industries ranks #334 out of 3073 companies in the Industrial Products industry, placing it in the top 10.9%.
Is Aeroflex Industries' Return-on-Tangible-Asset too high?
Aeroflex Industries' current Return-on-Tangible-Asset of 12.53% is near median its 10-year median of 13.15. Over the past 10 years, this metric has ranged from a low of 2.99 to a high of 15.99. The Industrial Products industry median Return-on-Tangible-Asset is 3.24. Aeroflex Industries' value of 12.53% is 286.7% above this industry median. Based on the distribution chart, Aeroflex Industries ranks #334 out of 3073 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Aeroflex Industries has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aeroflex Industries' Return-on-Tangible-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Aeroflex Industries ranks #334 out of 3073 companies for Return-on-Tangible-Asset. This places Aeroflex Industries in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.24. Aeroflex Industries' value of 12.53% is 286.7% above this benchmark. Historically, Aeroflex Industries' own Return-on-Tangible-Asset has ranged from 2.99 to 15.99 over the past decade. While the company's 10-year median is 13.15 vs. the industry median of 3.24, Aeroflex Industries 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.24, based on 3,073 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. Aeroflex Industries's current Return-on-Tangible-Asset of 12.53% is 286.7% 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 Aeroflex Industries and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeroflex Industries's current Return-on-Tangible-Asset is 12.53%, which is near median its own 10-year median of 13.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeroflex Industries stock overvalued right now?
Based on GuruFocus' analysis, Aeroflex Industries (NSE:AEROFLEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹240.77, compared to a current price of ₹410.60 — trading 70.5% above its estimated fair value. The current Return-on-Tangible-Asset is 12.53%, which is near median its 10-year median of 13.15 and 286.7% above the Industrial Products industry median of 3.24. Aeroflex Industries' overall GF Score™ is 60/100 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 Aeroflex Industries (NSE:AEROFLEX), the current Return-on-Tangible-Asset is 12.53% 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 Aeroflex Industries (NSE:AEROFLEX) Overvalued in 2026?
Based on GuruFocus' analysis, Aeroflex Industries stock appears to be overvalued.
The current stock price of ₹410.60 is trading 70.5% above its estimated GF Value™ of ₹240.77.
GuruFocus considers Aeroflex Industries to be Significantly Overvalued.
Key valuation signals for NSE:AEROFLEX:
Return-on-Tangible-Asset: 12.53% (near median its 10-year median of 13.15)
GF Value™: ₹240.77 vs. price of ₹410.60 (70.5% above fair value)
Industry Position: 286.7% above the Industrial Products median (#334 of 3073)
No single metric tells the full story. See the NSE:AEROFLEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aeroflex Industries Ltd is a manufacturer and supplier of environment-friendly metallic flexible flow solution products catering to international and domestic markets. The products supplied by the company include Corrugated Stainless Steel Hose, Stainless Steel Hose Assemblies, Gas Hose, Solar Hose, Industrial Hose Assemblies, and other products.
60GF Score
Get the complete analysis for NSE:AEROFLEX
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