Gensol Engineering (NSE:GENSOL) Return-on-Tangible-Asset: 2.73% (As of Dec. 2024)

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NSE:GENSOL Gensol Engineering Ltd NSE:GENSOL
65 GF Score
Price ₹17.96
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What is Gensol Engineering Return-on-Tangible-Asset?

Gensol Engineering NSE:GENSOL -1.48% 65 Return-on-Tangible-Asset is 2.73% as of Dec. 2024. GuruFocus rates NSE:GENSOL with a GF Score™ of 65/100.

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. Gensol Engineering's annualized Net Income for the quarter that ended in Dec. 2024 was ₹676 Mil. Gensol Engineering's average total tangible assets for the quarter that ended in Dec. 2024 was ₹24,742 Mil. Therefore, Gensol Engineering's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 2.73%.

The historical rank and industry rank for Gensol Engineering's Return-on-Tangible-Asset or its related term are showing as below:

NSE:GENSOL's Return-on-Tangible-Asset is not ranked *
in the Semiconductors industry.
Industry Median: 3.53
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Gensol Engineering  (NSE:GENSOL) 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 company’s 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 company’s 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.


Gensol Engineering Return-on-Tangible-Asset Related Terms


Gensol Engineering Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Gensol Engineering'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.

Gensol Engineering Return-on-Tangible-Asset Chart

Gensol Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
Get a 7-Day Free Trial 3.77 4.44 7.51 3.64 3.60

Gensol Engineering Quarterly Data
Mar17 Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.99 1.45 3.64 4.75 2.73

NSE:GENSOL vs FSLR, NXT, RUN: Return-on-Tangible-Asset Comparison

For the Solar subindustry, Gensol Engineering'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.


Gensol Engineering Return-on-Tangible-Asset vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Gensol Engineering's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Gensol Engineering's Return-on-Tangible-Asset falls into.


NSE:GENSOL
65GF Score
Gensol Engineering Ltd NSE:GENSOL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Gensol Engineering Return-on-Tangible-Asset Calculation

Gensol Engineering's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=595.5/( (10580.7+22505.1)/ 2 )
=595.5/16542.9
=3.60 %

Gensol Engineering's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=676.4/( (24742.2+0)/ 1 )
=676.4/24742.2
=2.73 %

* 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 (Dec. 2024) net income data.

What does a Return-on-Tangible-Asset of 2.73% mean?
Gensol Engineering (NSE:GENSOL) has a Return-on-Tangible-Asset of 2.73% as of Dec. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Gensol Engineering and its competitors.
Is Gensol Engineering's Return-on-Tangible-Asset too high?
Gensol Engineering's current Return-on-Tangible-Asset is 2.73%. The Semiconductors industry median Return-on-Tangible-Asset is 3.53. Gensol Engineering's value of 2.73% is 22.7% below this industry median. Overall, Gensol Engineering has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Gensol Engineering's Return-on-Tangible-Asset compare to FSLR and NXT?
Gensol Engineering's Return-on-Tangible-Asset of 2.73% can be compared against companies in the Semiconductors industry. The industry median Return-on-Tangible-Asset is 3.53. Gensol Engineering's value of 2.73% is 22.7% below this benchmark. 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 3.53, based on 1,033 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. Gensol Engineering's current Return-on-Tangible-Asset of 2.73% is 22.7% 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 Gensol Engineering and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gensol Engineering's current Return-on-Tangible-Asset is 2.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gensol Engineering stock overvalued right now?
Gensol Engineering (NSE:GENSOL) has a current Return-on-Tangible-Asset of 2.73%. The current Return-on-Tangible-Asset is 2.73% and 22.7% below the Semiconductors industry median of 3.53. Gensol Engineering's overall GF Score™ is 65/100. 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 Gensol Engineering (NSE:GENSOL), the current Return-on-Tangible-Asset is 2.73% as of Dec. 2024. 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.

Gensol Engineering Business Description

Address S G Road, Block - A, 15th Floor, Westgate Business Bay, Jivraj Park, Makarba, Ahmedabad, GJ, IND, 380051
Gensol Engineering Ltd is a renewable energy solutions provider focused on end-to-end solar engineering, procurement, and construction projects. It is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across various countries, including India. The company has two operating segments namely Engineering, advisory & EPC of Solar Power Projects, and Leasing of cars. It generates the majority of its revenue from the Engineering, advisory & EPC of Solar Power Projects segment.
65GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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