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Aditya Ultra SteelNSE:AUSL +2.51%13 Return-on-Tangible-Asset is 0.59% as of Sep. 2025, which is 89% below its 10-year median of 5.38. GuruFocus rates NSE:AUSL with a GF Score™ of 13/100. The stock has 4 warning signs investors should review. Among 634 Steel companies, Aditya Ultra Steel ranks better than 51.89% 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. Aditya Ultra Steel's annualizedNet Income for the quarter that ended in Sep. 2025 was ₹12 Mil. Aditya Ultra Steel's average total tangible assets for the quarter that ended in Sep. 2025 was ₹2,067 Mil. Therefore, Aditya Ultra Steel's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 0.59%.
The historical rank and industry rank for Aditya Ultra Steel's Return-on-Tangible-Asset or its related term are showing as below:
NSE:AUSL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.33 Med: 5.38 Max: 6.28
Current: 2.33
During the past 4 years, Aditya Ultra Steel's highest Return-on-Tangible-Asset was 6.28%. The lowest was 2.33%. And the median was 5.38%.
NSE:AUSL's Return-on-Tangible-Asset is ranked better than 51.89% of 634
companies
in the Steel industry
Industry Median: 2.125
vs NSE:AUSL: 2.33
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.
Aditya Ultra Steel Return-on-Tangible-Asset Related Terms
Aditya Ultra Steel Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Aditya Ultra Steel'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:AUSL vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Aditya Ultra Steel'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.
Aditya Ultra Steel Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Aditya Ultra Steel's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Aditya Ultra Steel'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 0.59% mean?
Aditya Ultra Steel (NSE:AUSL) has a Return-on-Tangible-Asset of 0.59% 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 Aditya Ultra Steel and its competitors. This is 89% below median its historical median of 5.38. Over the past decade, Aditya Ultra Steel's Return-on-Tangible-Asset has ranged from 2.33 to 6.28. According to the industry distribution chart, Aditya Ultra Steel ranks #305 out of 634 companies in the Steel industry, placing it in the top 48.1%.
Is Aditya Ultra Steel's Return-on-Tangible-Asset too high?
Aditya Ultra Steel's current Return-on-Tangible-Asset of 0.59% is 89% below median its 10-year median of 5.38. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 6.28. The Steel industry median Return-on-Tangible-Asset is 2.13. Aditya Ultra Steel's value of 0.59% is 72.2% below this industry median. Based on the distribution chart, Aditya Ultra Steel ranks #305 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, Aditya Ultra Steel has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Aditya Ultra Steel's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Aditya Ultra Steel ranks #305 out of 634 companies for Return-on-Tangible-Asset. This puts Aditya Ultra Steel in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.13. Aditya Ultra Steel's value of 0.59% is 72.2% below this benchmark. Historically, Aditya Ultra Steel's own Return-on-Tangible-Asset has ranged from 2.33 to 6.28 over the past decade. While the company's 10-year median is 5.38 vs. the industry median of 2.13, Aditya Ultra Steel 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 a Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.13, based on 634 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. Aditya Ultra Steel's current Return-on-Tangible-Asset of 0.59% is 72.2% 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 Aditya Ultra Steel and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aditya Ultra Steel's current Return-on-Tangible-Asset is 0.59%, which is 89% below median its own 10-year median of 5.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aditya Ultra Steel stock overvalued right now?
Aditya Ultra Steel (NSE:AUSL) has a current Return-on-Tangible-Asset of 0.59%. The current Return-on-Tangible-Asset is 0.59%, which is 89% below median its 10-year median of 5.38 and 72.2% below the Steel industry median of 2.13. Aditya Ultra Steel's overall GF Score™ is 13/100 with 4 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 Aditya Ultra Steel (NSE:AUSL), the current Return-on-Tangible-Asset is 0.59% 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.
Aditya Ultra Steel Ltd manufactures Thermo-Mechanically Treated (TMT) bars under the Kamdhenu brand, catering mainly to the construction and infrastructure sectors. The company produces these steel bars from billets using a reheating furnace and rolling mill. Its manufacturing facility is located in Gujarat, and its customer base is predominantly concentrated in that region, with a focus on tier-3 cities. Revenue is generated mainly through the sale of TMT bars on a business-to-business basis, supported by a dealer network for marketing and distribution.
13GF Score
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