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Gujarat Industries Power CoNSE:GIPCL -0.86%73 Return-on-Tangible-Asset is 13.87% as of Mar. 2026, which is 204% above its 10-year median of 4.57. GuruFocus rates NSE:GIPCL with a GF Score™ of 73/100 and a GF Value™ of ₹214.44 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 510 Utilities - Regulated companies, Gujarat Industries Power Co ranks better than 65.49% 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. Gujarat Industries Power Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹13,074 Mil. Gujarat Industries Power Co's average total tangible assets for the quarter that ended in Mar. 2026 was ₹94,250 Mil. Therefore, Gujarat Industries Power Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 13.87%.
The historical rank and industry rank for Gujarat Industries Power Co's Return-on-Tangible-Asset or its related term are showing as below:
NSE:GIPCL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.31 Med: 4.57 Max: 7
Current: 4.72
During the past 13 years, Gujarat Industries Power Co's highest Return-on-Tangible-Asset was 7.00%. The lowest was 3.31%. And the median was 4.57%.
NSE:GIPCL's Return-on-Tangible-Asset is ranked better than 65.49% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.305
vs NSE:GIPCL: 4.72
Gujarat Industries Power Co (NSE:GIPCL) 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.
Gujarat Industries Power Co Return-on-Tangible-Asset Related Terms
Gujarat Industries Power Co 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.
Gujarat Industries Power Co Return-on-Tangible-Asset Chart
NSE:GIPCL vs NEE, SO, DUK: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Electric subindustry, Gujarat Industries Power Co'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.
Gujarat Industries Power Co Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Gujarat Industries Power Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Gujarat Industries Power Co'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 13.87% mean?
Gujarat Industries Power Co (NSE:GIPCL) has a Return-on-Tangible-Asset of 13.87% 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 Gujarat Industries Power Co and its competitors. This is 204% above median its historical median of 4.57. Over the past decade, Gujarat Industries Power Co's Return-on-Tangible-Asset has ranged from 3.31 to 7.00. According to the industry distribution chart, Gujarat Industries Power Co ranks #176 out of 510 companies in the Utilities - Regulated industry, placing it in the top 34.5%.
Is Gujarat Industries Power Co's Return-on-Tangible-Asset too high?
Gujarat Industries Power Co's current Return-on-Tangible-Asset of 13.87% is 204% above median its 10-year median of 4.57. Over the past 10 years, this metric has ranged from a low of 3.31 to a high of 7.00. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.31. Gujarat Industries Power Co's value of 13.87% is 319.7% above this industry median. Based on the distribution chart, Gujarat Industries Power Co ranks #176 out of 510 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Gujarat Industries Power Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Industries Power Co's Return-on-Tangible-Asset compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Gujarat Industries Power Co ranks #176 out of 510 companies for Return-on-Tangible-Asset. This puts Gujarat Industries Power Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.31. Gujarat Industries Power Co's value of 13.87% is 319.7% above this benchmark. Historically, Gujarat Industries Power Co's own Return-on-Tangible-Asset has ranged from 3.31 to 7.00 over the past decade. While the company's 10-year median is 4.57 vs. the industry median of 3.31, Gujarat Industries Power Co 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 an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.31, based on 510 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. Gujarat Industries Power Co's current Return-on-Tangible-Asset of 13.87% is 319.7% 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 Gujarat Industries Power Co and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Industries Power Co's current Return-on-Tangible-Asset is 13.87%, which is 204% above median its own 10-year median of 4.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Industries Power Co stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Industries Power Co (NSE:GIPCL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹214.44, compared to a current price of ₹162.11 — trading 24.4% below its estimated fair value. The current Return-on-Tangible-Asset is 13.87%, which is 204% above median its 10-year median of 4.57 and 319.7% above the Utilities - Regulated industry median of 3.31. Gujarat Industries Power Co's overall GF Score™ is 73/100 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 Gujarat Industries Power Co (NSE:GIPCL), the current Return-on-Tangible-Asset is 13.87% 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 Gujarat Industries Power Co (NSE:GIPCL) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Industries Power Co stock appears to be undervalued.
The current stock price of ₹162.11 is trading 24.4% below its estimated GF Value™ of ₹214.44.
GuruFocus considers Gujarat Industries Power Co to be Modestly Undervalued.
Key valuation signals for NSE:GIPCL:
Return-on-Tangible-Asset: 13.87% (204% above median its 10-year median of 4.57)
GF Value™: ₹214.44 vs. price of ₹162.11 (24.4% below fair value)
Industry Position: 319.7% above the Utilities - Regulated median (#176 of 510)
No single metric tells the full story. See the NSE:GIPCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Industries Power Co Ltd is involved in the business of electrical power generation. The company generates power from gas, lignite, wind, and solar energy sources. In addition, it is involved in the development of a hybrid renewable energy park. The company generates a majority of its revenue from the sale of electrical energy to its customers in India.
73GF Score
Get the complete analysis for NSE:GIPCL
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