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Ceigall IndiaNSE:CEIGALL +2.41%18 Return-on-Tangible-Asset is 9.17% as of Mar. 2026, which is 24% below its 10-year median of 12.00. GuruFocus rates NSE:CEIGALL with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,781 Construction companies, Ceigall India ranks better than 71.98% 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. Ceigall India's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹5,064 Mil. Ceigall India's average total tangible assets for the quarter that ended in Mar. 2026 was ₹55,225 Mil. Therefore, Ceigall India's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.17%.
The historical rank and industry rank for Ceigall India's Return-on-Tangible-Asset or its related term are showing as below:
NSE:CEIGALL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.38 Med: 12 Max: 13.85
Current: 6.54
During the past 5 years, Ceigall India's highest Return-on-Tangible-Asset was 13.85%. The lowest was 6.38%. And the median was 12.00%.
NSE:CEIGALL's Return-on-Tangible-Asset is ranked better than 71.98% of 1781
companies
in the Construction industry
Industry Median: 3.05
vs NSE:CEIGALL: 6.54
Ceigall India (NSE:CEIGALL) 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.
Ceigall India Return-on-Tangible-Asset Related Terms
Ceigall India Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ceigall India'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:CEIGALL vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Ceigall India'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.
Ceigall India Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Ceigall India's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ceigall India'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 9.17% mean?
Ceigall India (NSE:CEIGALL) has a Return-on-Tangible-Asset of 9.17% 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 Ceigall India and its competitors. This is 24% below median its historical median of 12.00. Over the past decade, Ceigall India's Return-on-Tangible-Asset has ranged from 6.38 to 13.85. According to the industry distribution chart, Ceigall India ranks #499 out of 1781 companies in the Construction industry, placing it in the top 28%.
Is Ceigall India's Return-on-Tangible-Asset too high?
Ceigall India's current Return-on-Tangible-Asset of 9.17% is 24% below median its 10-year median of 12.00. Over the past 10 years, this metric has ranged from a low of 6.38 to a high of 13.85. The Construction industry median Return-on-Tangible-Asset is 3.05. Ceigall India's value of 9.17% is 200.7% above this industry median. Based on the distribution chart, Ceigall India ranks #499 out of 1781 companies in the Construction industry, which is above the industry midpoint. Overall, Ceigall India has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Ceigall India's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Ceigall India ranks #499 out of 1781 companies for Return-on-Tangible-Asset. This puts Ceigall India in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.05. Ceigall India's value of 9.17% is 200.7% above this benchmark. Historically, Ceigall India's own Return-on-Tangible-Asset has ranged from 6.38 to 13.85 over the past decade. While the company's 10-year median is 12.00 vs. the industry median of 3.05, Ceigall India 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,781 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. Ceigall India's current Return-on-Tangible-Asset of 9.17% is 200.7% 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 Ceigall India and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceigall India's current Return-on-Tangible-Asset is 9.17%, which is 24% below median its own 10-year median of 12.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceigall India stock overvalued right now?
Ceigall India (NSE:CEIGALL) has a current Return-on-Tangible-Asset of 9.17%. The current Return-on-Tangible-Asset is 9.17%, which is 24% below median its 10-year median of 12.00 and 200.7% above the Construction industry median of 3.05. Ceigall India's overall GF Score™ is 18/100 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 Ceigall India (NSE:CEIGALL), the current Return-on-Tangible-Asset is 9.17% 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.
Ceigall India Ltd is a construction Company providing Engineering, Procurement, and Construction (EPC) service. It has experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway overbridges, tunnels, highways, expressways, and runways. The group also engaged in the services of the Hybrid Annuity Model (HAM) and Operation and Maintenance (O&M) through its subsidiary. It operates in the segment of civil construction.
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