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Gujarat Industries Power Co (NSE:GIPCL) Return-on-Tangible-Asset : 3.69% (As of Mar. 2025)


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What is Gujarat Industries Power Co Return-on-Tangible-Asset?

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 annualized Net Income for the quarter that ended in Mar. 2025 was ₹2,789 Mil. Gujarat Industries Power Co's average total tangible assets for the quarter that ended in Mar. 2025 was ₹75,642 Mil. Therefore, Gujarat Industries Power Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 3.69%.

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: 3.48

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
54.67% of 503 companies
in the Utilities - Regulated industry
Industry Median: 3.18 vs NSE:GIPCL: 3.48

Gujarat Industries Power Co Return-on-Tangible-Asset Historical Data

The historical data trend for Gujarat Industries Power Co'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.

* Premium members only.

Gujarat Industries Power Co Return-on-Tangible-Asset Chart

Gujarat Industries Power Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.47 4.02 4.25 4.09 3.31

Gujarat Industries Power Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 Premium Member Only 5.07 5.20 2.54 2.87 3.69

Competitive Comparison of Gujarat Industries Power Co's Return-on-Tangible-Asset

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's Return-on-Tangible-Asset Distribution in the 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.


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Gujarat Industries Power Co Return-on-Tangible-Asset Calculation

Gujarat Industries Power Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=2114.341/( (52164.369+75642.249)/ 2 )
=2114.341/63903.309
=3.31 %

Gujarat Industries Power Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=2789.152/( (0+75642.249)/ 1 )
=2789.152/75642.249
=3.69 %

* 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. 2025) net income data.


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 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.


Gujarat Industries Power Co Return-on-Tangible-Asset Related Terms

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Gujarat Industries Power Co Business Description

Traded in Other Exchanges
Address
P.O. Ranoli, Vadodara, GJ, IND, 391 350
Gujarat Industries Power Co Ltd is engaged in the business of electrical power generation. Its power generation plants include gas-based power plants, thermal power plants, and solar power plants. The company generates a majority of its revenue from the sale of electrical energy within the domestic market.

Gujarat Industries Power Co Headlines

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