Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Avana ElectrosystemsNSE:AVANA +0.10%18 Return-on-Tangible-Asset is 21.74% as of Sep. 2025, which is 80% above its 10-year median of 12.11. GuruFocus rates NSE:AVANA with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 3,084 Industrial Products companies, Avana Electrosystems ranks better than 86.32% 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. Avana Electrosystems's annualizedNet Income for the quarter that ended in Sep. 2025 was ₹112.1 Mil. Avana Electrosystems's average total tangible assets for the quarter that ended in Sep. 2025 was ₹515.8 Mil. Therefore, Avana Electrosystems's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 21.74%.
The historical rank and industry rank for Avana Electrosystems's Return-on-Tangible-Asset or its related term are showing as below:
NSE:AVANA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.24 Med: 12.11 Max: 19.04
Current: 10.87
During the past 3 years, Avana Electrosystems's highest Return-on-Tangible-Asset was 19.04%. The lowest was 3.24%. And the median was 12.11%.
NSE:AVANA's Return-on-Tangible-Asset is ranked better than 86.32% of 3084
companies
in the Industrial Products industry
Industry Median: 3.41
vs NSE:AVANA: 10.87
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.
Avana Electrosystems Return-on-Tangible-Asset Related Terms
Avana Electrosystems Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Avana Electrosystems'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:AVANA vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Avana Electrosystems'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.
Avana Electrosystems Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Avana Electrosystems's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Avana Electrosystems'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 21.74% mean?
Avana Electrosystems (NSE:AVANA) has a Return-on-Tangible-Asset of 21.74% 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 Avana Electrosystems and its competitors. This is 80% above median its historical median of 12.11. Over the past decade, Avana Electrosystems' Return-on-Tangible-Asset has ranged from 3.24 to 19.04. According to the industry distribution chart, Avana Electrosystems ranks #422 out of 3084 companies in the Industrial Products industry, placing it in the top 13.7%.
Is Avana Electrosystems' Return-on-Tangible-Asset too high?
Avana Electrosystems' current Return-on-Tangible-Asset of 21.74% is 80% above median its 10-year median of 12.11. Over the past 10 years, this metric has ranged from a low of 3.24 to a high of 19.04. The Industrial Products industry median Return-on-Tangible-Asset is 3.41. Avana Electrosystems' value of 21.74% is 537.5% above this industry median. Based on the distribution chart, Avana Electrosystems ranks #422 out of 3084 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Avana Electrosystems has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Avana Electrosystems' Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Avana Electrosystems ranks #422 out of 3084 companies for Return-on-Tangible-Asset. This places Avana Electrosystems in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.41. Avana Electrosystems' value of 21.74% is 537.5% above this benchmark. Historically, Avana Electrosystems' own Return-on-Tangible-Asset has ranged from 3.24 to 19.04 over the past decade. While the company's 10-year median is 12.11 vs. the industry median of 3.41, Avana Electrosystems 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 3.41, based on 3,084 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. Avana Electrosystems's current Return-on-Tangible-Asset of 21.74% is 537.5% 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 Avana Electrosystems and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avana Electrosystems's current Return-on-Tangible-Asset is 21.74%, which is 80% above median its own 10-year median of 12.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avana Electrosystems stock overvalued right now?
Avana Electrosystems (NSE:AVANA) has a current Return-on-Tangible-Asset of 21.74%. The current Return-on-Tangible-Asset is 21.74%, which is 80% above median its 10-year median of 12.11 and 537.5% above the Industrial Products industry median of 3.41. Avana Electrosystems' overall GF Score™ is 18/100 with 5 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 Avana Electrosystems (NSE:AVANA), the current Return-on-Tangible-Asset is 21.74% 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.
Avana Electrosystems Ltd is engaged in the manufacturing and dealing of electronic and switchgear products, including circuit breakers, relays, control and protection panels, electric distribution boards, electronic meters, transformers, assemblies, spares, accessories, tools, and test and measuring equipment. The Company is a manufacturer and solution provider of custom-engineered control and relay panels, substation automation, numerical and electro-mechanical relays, and power system panel accessories, specializing in the design, engineering, and supply of feeder, transformer, busbar, and capacitor bank protection panels up to 220kV, including indoor and outdoor, medium- and low-voltage panels.
18GF Score
Get the complete analysis for NSE:AVANA
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:AVANA has been successfully added to your 
