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Confidence Futuristic EnergetechNSE:CFEL -2.86%59 Return-on-Tangible-Asset is 1.20% as of Jun. 2026, which is 6% above its 10-year median of 1.13. GuruFocus rates NSE:CFEL with a GF Score™ of 59/100 and a GF Value™ of ₹52.26 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 507 Utilities - Regulated companies, Confidence Futuristic Energetech ranks worse than 67.26% on this metric.
The historical rank and industry rank for Confidence Futuristic Energetech's Return-on-Tangible-Asset or its related term are showing as below:
NSE:CFEL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.01 Med: 1.13 Max: 3.51
Current: 2.33
During the past 13 years, Confidence Futuristic Energetech's highest Return-on-Tangible-Asset was 3.51%. The lowest was 0.01%. And the median was 1.13%.
NSE:CFEL's Return-on-Tangible-Asset is ranked worse than 67.26% of 507
companies
in the Utilities - Regulated industry
Industry Median: 3.37
vs NSE:CFEL: 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.
Confidence Futuristic Energetech Return-on-Tangible-Asset Related Terms
Confidence Futuristic Energetech Return-on-Tangible-Asset Historical Data
* 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.
For the Utilities - Regulated Gas subindustry, Confidence Futuristic Energetech'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.
Confidence Futuristic Energetech Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Confidence Futuristic Energetech's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Confidence Futuristic Energetech'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 1.20% mean?
Confidence Futuristic Energetech (NSE:CFEL) has a Return-on-Tangible-Asset of 1.20% 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 Confidence Futuristic Energetech and its competitors. This is near median its historical median of 1.13. Over the past decade, Confidence Futuristic Energetech's Return-on-Tangible-Asset has ranged from 0.01 to 3.51. According to the industry distribution chart, Confidence Futuristic Energetech ranks #341 out of 507 companies in the Utilities - Regulated industry, placing it in the top 67.3%.
Is Confidence Futuristic Energetech's Return-on-Tangible-Asset too high?
Confidence Futuristic Energetech's current Return-on-Tangible-Asset of 1.20% is near median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 3.51. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.37. Confidence Futuristic Energetech's value of 1.20% is 64.4% below this industry median. Based on the distribution chart, Confidence Futuristic Energetech ranks #341 out of 507 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Confidence Futuristic Energetech has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Confidence Futuristic Energetech's Return-on-Tangible-Asset compare to ?
According to the Utilities - Regulated industry distribution chart, Confidence Futuristic Energetech ranks #341 out of 507 companies for Return-on-Tangible-Asset. This places Confidence Futuristic Energetech in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.37. Confidence Futuristic Energetech's value of 1.20% is 64.4% below this benchmark. Historically, Confidence Futuristic Energetech's own Return-on-Tangible-Asset has ranged from 0.01 to 3.51 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 3.37, Confidence Futuristic Energetech 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 an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.37, based on 507 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. Confidence Futuristic Energetech's current Return-on-Tangible-Asset of 1.20% is 64.4% 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 Confidence Futuristic Energetech and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Confidence Futuristic Energetech's current Return-on-Tangible-Asset is 1.20%, which is near median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Confidence Futuristic Energetech stock overvalued right now?
Based on GuruFocus' analysis, Confidence Futuristic Energetech (NSE:CFEL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹52.26, compared to a current price of ₹30.24 — trading 42.1% below its estimated fair value. The current Return-on-Tangible-Asset is 1.20%, which is near median its 10-year median of 1.13 and 64.4% below the Utilities - Regulated industry median of 3.37. Confidence Futuristic Energetech's overall GF Score™ is 59/100 with 10 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 Confidence Futuristic Energetech (NSE:CFEL), the current Return-on-Tangible-Asset is 1.20% 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 Confidence Futuristic Energetech (NSE:CFEL) Overvalued in 2026?
Based on GuruFocus' analysis, Confidence Futuristic Energetech stock appears to be undervalued.
The current stock price of ₹30.24 is trading 42.1% below its estimated GF Value™ of ₹52.26.
GuruFocus considers Confidence Futuristic Energetech to be Possible Value Trap.
Key valuation signals for NSE:CFEL:
Return-on-Tangible-Asset: 1.20% (near median its 10-year median of 1.13)
GF Value™: ₹52.26 vs. price of ₹30.24 (42.1% below fair value)
Industry Position: 64.4% below the Utilities - Regulated median (#341 of 507)
No single metric tells the full story. See the NSE:CFEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Confidence Futuristic Energetech Ltd, along with its subsidiary entities, is actively engaged in the manufacturing and supply of high-pressure CNG cylinders, LPG cylinders, CNG cascades, medical oxygen cylinders, and seamless steel gas cylinders for industrial gases. It offers a wide range of onboard CNG cylinder sizes at competitive prices, making CNG a more affordable and accessible option for consumers transitioning to cleaner fuel alternatives. The company is involved in the Parallel LPG Market by the name of Pack Cylinder Division with GO GAS ELITE as its brand, and is into selling LPG to both domestic and commercial users at competitive rates. Its operating segments are: Cylinder Division, which generates the maximum revenue, and LPG Division.
59GF Score
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