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Effwa Infra & ResearchNSE:EFFWA -0.60%46 Return-on-Tangible-Asset is 17.45% as of Mar. 2026, which is 20% above its 10-year median of 14.50. GuruFocus rates NSE:EFFWA with a GF Score™ of 46/100. The stock has 7 warning signs investors should review. Among 244 Waste Management companies, Effwa Infra & Research ranks better than 95.9% 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. Effwa Infra & Research's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹286 Mil. Effwa Infra & Research's average total tangible assets for the quarter that ended in Mar. 2026 was ₹1,640 Mil. Therefore, Effwa Infra & Research's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 17.45%.
The historical rank and industry rank for Effwa Infra & Research's Return-on-Tangible-Asset or its related term are showing as below:
NSE:EFFWA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.74 Med: 14.5 Max: 19.23
Current: 17.45
During the past 6 years, Effwa Infra & Research's highest Return-on-Tangible-Asset was 19.23%. The lowest was 6.74%. And the median was 14.50%.
NSE:EFFWA's Return-on-Tangible-Asset is ranked better than 95.9% of 244
companies
in the Waste Management industry
Industry Median: 2.275
vs NSE:EFFWA: 17.45
Effwa Infra & Research (NSE:EFFWA) 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.
Effwa Infra & Research Return-on-Tangible-Asset Related Terms
Effwa Infra & Research Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Effwa Infra & Research'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.
Effwa Infra & Research Return-on-Tangible-Asset Chart
NSE:EFFWA vs WM, RSG, WCN: Return-on-Tangible-Asset Comparison
For the Waste Management subindustry, Effwa Infra & Research'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.
Effwa Infra & Research Return-on-Tangible-Asset vs Waste Management Industry
For the Waste Management industry and Industrials sector, Effwa Infra & Research's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Effwa Infra & Research'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. 2026) net income data.
What does a Return-on-Tangible-Asset of 17.45% mean?
Effwa Infra & Research (NSE:EFFWA) has a Return-on-Tangible-Asset of 17.45% 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 Effwa Infra & Research and its competitors. This is 20% above median its historical median of 14.50. Over the past decade, Effwa Infra & Research's Return-on-Tangible-Asset has ranged from 6.74 to 19.23. According to the industry distribution chart, Effwa Infra & Research ranks #10 out of 244 companies in the Waste Management industry, placing it in the top 4.1%.
Is Effwa Infra & Research's Return-on-Tangible-Asset too high?
Effwa Infra & Research's current Return-on-Tangible-Asset of 17.45% is 20% above median its 10-year median of 14.50. Over the past 10 years, this metric has ranged from a low of 6.74 to a high of 19.23. The Waste Management industry median Return-on-Tangible-Asset is 2.28. Effwa Infra & Research's value of 17.45% is 667% above this industry median. Based on the distribution chart, Effwa Infra & Research ranks #10 out of 244 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Effwa Infra & Research has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Effwa Infra & Research's Return-on-Tangible-Asset compare to WM and RSG?
According to the Waste Management industry distribution chart, Effwa Infra & Research ranks #10 out of 244 companies for Return-on-Tangible-Asset. This places Effwa Infra & Research in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.28. Effwa Infra & Research's value of 17.45% is 667% above this benchmark. Historically, Effwa Infra & Research's own Return-on-Tangible-Asset has ranged from 6.74 to 19.23 over the past decade. While the company's 10-year median is 14.50 vs. the industry median of 2.28, Effwa Infra & Research 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 Waste Management company?
The median Return-on-Tangible-Asset among Waste Management companies is 2.28, based on 244 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. Effwa Infra & Research's current Return-on-Tangible-Asset of 17.45% is 667% 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 Effwa Infra & Research and its competitors. For the Waste Management industry, the median Return-on-Tangible-Asset is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Effwa Infra & Research's current Return-on-Tangible-Asset is 17.45%, which is 20% above median its own 10-year median of 14.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Effwa Infra & Research stock overvalued right now?
Effwa Infra & Research (NSE:EFFWA) has a current Return-on-Tangible-Asset of 17.45%. The current Return-on-Tangible-Asset is 17.45%, which is 20% above median its 10-year median of 14.50 and 667% above the Waste Management industry median of 2.28. Effwa Infra & Research's overall GF Score™ is 46/100 with 7 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 Effwa Infra & Research (NSE:EFFWA), the current Return-on-Tangible-Asset is 17.45% 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.
Effwa Infra & Research Ltd is engaged in the business of engineering, consultancy, procurement, construction and integrated project management services in water pollution control, encompassing sewage and industrial effluent treatment, solid waste treatment and disposal, ventilation systems, hazardous waste management, and water treatment plants. The company also functions as consultants and advisors, providing a range of services encompassing project organisation, management, equipment procurement, funding, and project execution.
46GF Score
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