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Dhatre UdyogNSE:DHATRE 29 Return-on-Tangible-Asset is 0.65% as of Mar. 2026, which is 32% below its 10-year median of 0.96. GuruFocus rates NSE:DHATRE with a GF Score™ of 29/100 and a GF Value™ of ₹0.62 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 633 Steel companies, Dhatre Udyog ranks worse than 83.41% 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. Dhatre Udyog's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹3.16 Mil. Dhatre Udyog's average total tangible assets for the quarter that ended in Mar. 2026 was ₹489.70 Mil. Therefore, Dhatre Udyog's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.65%.
The historical rank and industry rank for Dhatre Udyog's Return-on-Tangible-Asset or its related term are showing as below:
NSE:DHATRE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -23.87 Med: 0.96 Max: 55.86
Current: -3.1
During the past 13 years, Dhatre Udyog's highest Return-on-Tangible-Asset was 55.86%. The lowest was -23.87%. And the median was 0.96%.
NSE:DHATRE's Return-on-Tangible-Asset is ranked worse than 83.41% of 633
companies
in the Steel industry
Industry Median: 2.24
vs NSE:DHATRE: -3.10
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.
Dhatre Udyog Return-on-Tangible-Asset Related Terms
Dhatre Udyog Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Dhatre Udyog'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:DHATRE vs : Return-on-Tangible-Asset Comparison
For the Steel subindustry, Dhatre Udyog'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.
Dhatre Udyog Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Dhatre Udyog's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Dhatre Udyog'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 0.65% mean?
Dhatre Udyog (NSE:DHATRE) has a Return-on-Tangible-Asset of 0.65% 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 Dhatre Udyog and its competitors. This is 32% below median its historical median of 0.96. According to the industry distribution chart, Dhatre Udyog ranks #528 out of 633 companies in the Steel industry, placing it in the top 83.4%.
Is Dhatre Udyog's Return-on-Tangible-Asset too high?
Dhatre Udyog's current Return-on-Tangible-Asset of 0.65% is 32% below median its 10-year median of 0.96. The Steel industry median Return-on-Tangible-Asset is 2.24. Dhatre Udyog's value of 0.65% is 71% below this industry median. Based on the distribution chart, Dhatre Udyog ranks #528 out of 633 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Dhatre Udyog has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dhatre Udyog's Return-on-Tangible-Asset compare to ?
According to the Steel industry distribution chart, Dhatre Udyog ranks #528 out of 633 companies for Return-on-Tangible-Asset. This places Dhatre Udyog in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.24. Dhatre Udyog's value of 0.65% is 71% below this benchmark. While the company's 10-year median is 0.96 vs. the industry median of 2.24, Dhatre Udyog 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 2.24, based on 633 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. Dhatre Udyog's current Return-on-Tangible-Asset of 0.65% is 71% 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 Dhatre Udyog and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dhatre Udyog's current Return-on-Tangible-Asset is 0.65%, which is 32% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhatre Udyog stock overvalued right now?
Based on GuruFocus' analysis, Dhatre Udyog (NSE:DHATRE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.62, compared to a current price of ₹4.37 — trading 604.8% above its estimated fair value. The current Return-on-Tangible-Asset is 0.65%, which is 32% below median its 10-year median of 0.96 and 71% below the Steel industry median of 2.24. Dhatre Udyog's overall GF Score™ is 29/100 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 Dhatre Udyog (NSE:DHATRE), the current Return-on-Tangible-Asset is 0.65% 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.
Is Dhatre Udyog (NSE:DHATRE) Overvalued in 2026?
Based on GuruFocus' analysis, Dhatre Udyog stock appears to be overvalued.
The current stock price of ₹4.37 is trading 604.8% above its estimated GF Value™ of ₹0.62.
GuruFocus considers Dhatre Udyog to be Significantly Overvalued.
Key valuation signals for NSE:DHATRE:
Return-on-Tangible-Asset: 0.65% (32% below median its 10-year median of 0.96)
GF Value™: ₹0.62 vs. price of ₹4.37 (604.8% above fair value)
Industry Position: 71% below the Steel median (#528 of 633)
No single metric tells the full story. See the NSE:DHATRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dhatre Udyog Ltd is engaged in the manufacturing and trading of iron and steel products in India. The company's products include TMT bars, Rounds, Squares, Angles, etc (including conversion on a job-work basis) and trading of Billets, Blooms, Ingots, Iron ores, etc. The company generates the majority of its revenue from the sale of manufactured goods, followed by Traded/Finished goods. All revenue from the operations of the company is generated within India.
29GF Score
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