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CSM TechnologiesNSE:CSM +2.71%16 Return-on-Tangible-Asset is 10.21% as of Mar. 2025, which is 18% below its 10-year median of 12.43. GuruFocus rates NSE:CSM with a GF Score™ of 16/100. Among 2,893 Software companies, CSM Technologies ranks better than 76.98% 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. CSM Technologies's annualizedNet Income for the quarter that ended in Mar. 2025 was ₹141 Mil. CSM Technologies's average total tangible assets for the quarter that ended in Mar. 2025 was ₹1,380 Mil. Therefore, CSM Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 10.21%.
The historical rank and industry rank for CSM Technologies's Return-on-Tangible-Asset or its related term are showing as below:
NSE:CSM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.21 Med: 12.43 Max: 19.99
Current: 10.21
During the past 3 years, CSM Technologies's highest Return-on-Tangible-Asset was 19.99%. The lowest was 10.21%. And the median was 12.43%.
NSE:CSM's Return-on-Tangible-Asset is ranked better than 76.98% of 2893
companies
in the Software industry
Industry Median: 2.07
vs NSE:CSM: 10.21
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.
CSM Technologies Return-on-Tangible-Asset Related Terms
CSM Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CSM Technologies'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.
CSM Technologies Return-on-Tangible-Asset Chart
CSM Technologies Annual Data
Trend
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
19.99
12.43
10.21
CSM Technologies Semi-Annual Data
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
19.99
12.43
10.21
NSE:CSM vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, CSM Technologies'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.
CSM Technologies Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, CSM Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CSM Technologies'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 one times the annual (Mar. 2025) net income data.
What does a Return-on-Tangible-Asset of 10.21% mean?
CSM Technologies (NSE:CSM) has a Return-on-Tangible-Asset of 10.21% as of Mar. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CSM Technologies and its competitors. This is 18% below median its historical median of 12.43. Over the past decade, CSM Technologies' Return-on-Tangible-Asset has ranged from 10.21 to 19.99. According to the industry distribution chart, CSM Technologies ranks #666 out of 2893 companies in the Software industry, placing it in the top 23%.
Is CSM Technologies' Return-on-Tangible-Asset too high?
CSM Technologies' current Return-on-Tangible-Asset of 10.21% is 18% below median its 10-year median of 12.43. Over the past 10 years, this metric has ranged from a low of 10.21 to a high of 19.99. The Software industry median Return-on-Tangible-Asset is 2.07. CSM Technologies' value of 10.21% is 393.2% above this industry median. Based on the distribution chart, CSM Technologies ranks #666 out of 2893 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, CSM Technologies has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does CSM Technologies' Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, CSM Technologies ranks #666 out of 2893 companies for Return-on-Tangible-Asset. This places CSM Technologies in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.07. CSM Technologies' value of 10.21% is 393.2% above this benchmark. Historically, CSM Technologies' own Return-on-Tangible-Asset has ranged from 10.21 to 19.99 over the past decade. While the company's 10-year median is 12.43 vs. the industry median of 2.07, CSM Technologies 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.07, based on 2,893 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. CSM Technologies's current Return-on-Tangible-Asset of 10.21% is 393.2% 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 CSM Technologies and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSM Technologies's current Return-on-Tangible-Asset is 10.21%, which is 18% below median its own 10-year median of 12.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSM Technologies stock overvalued right now?
CSM Technologies (NSE:CSM) has a current Return-on-Tangible-Asset of 10.21%. The current Return-on-Tangible-Asset is 10.21%, which is 18% below median its 10-year median of 12.43 and 393.2% above the Software industry median of 2.07. CSM Technologies' overall GF Score™ is 16/100. 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 CSM Technologies (NSE:CSM), the current Return-on-Tangible-Asset is 10.21% as of Mar. 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.
CSM Technologies Ltd provides a wide range of Information Technology services relating to software development, software licensing and designing with a minimal up-gradation which looks into the business need, end-to-end business solutions, creation of web enabled applications, web portals, corporate-wise process integration, business critical application, data warehousing, system integration, turnkey projects, e-Governance, community development, system integration technology and process solutions and other related services. The company serves various sectors such as mining and allied services, government & public services, agriculture and allied services, industry and trade facilitation, education, healthcare and tourism.
16GF Score
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