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Goldstar PowerNSE:GOLDSTAR -0.71%78 Return-on-Tangible-Asset is 4.33% as of Mar. 2025, which is 147% above its 10-year median of 1.75. GuruFocus rates NSE:GOLDSTAR with a GF Score™ of 78/100 and a GF Value™ of ₹10.92 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 3,076 Industrial Products companies, Goldstar Power ranks better than 57.67% 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. Goldstar Power's annualizedNet Income for the quarter that ended in Mar. 2025 was ₹22.8 Mil. Goldstar Power's average total tangible assets for the quarter that ended in Mar. 2025 was ₹526.4 Mil. Therefore, Goldstar Power's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 4.33%.
The historical rank and industry rank for Goldstar Power's Return-on-Tangible-Asset or its related term are showing as below:
NSE:GOLDSTAR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.09 Med: 1.75 Max: 8.24
Current: 4.33
During the past 13 years, Goldstar Power's highest Return-on-Tangible-Asset was 8.24%. The lowest was -1.09%. And the median was 1.75%.
NSE:GOLDSTAR's Return-on-Tangible-Asset is ranked better than 57.67% of 3076
companies
in the Industrial Products industry
Industry Median: 3.26
vs NSE:GOLDSTAR: 4.33
Goldstar Power (NSE:GOLDSTAR) 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.
Goldstar Power Return-on-Tangible-Asset Related Terms
Goldstar Power Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Goldstar Power'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:GOLDSTAR vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Goldstar Power'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.
Goldstar Power Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Goldstar Power's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Goldstar Power'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. 2025) net income data.
What does a Return-on-Tangible-Asset of 4.33% mean?
Goldstar Power (NSE:GOLDSTAR) has a Return-on-Tangible-Asset of 4.33% as of Mar. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Goldstar Power and its competitors. This is 147% above median its historical median of 1.75. According to the industry distribution chart, Goldstar Power ranks #1302 out of 3076 companies in the Industrial Products industry, placing it in the top 42.3%.
Is Goldstar Power's Return-on-Tangible-Asset too high?
Goldstar Power's current Return-on-Tangible-Asset of 4.33% is 147% above median its 10-year median of 1.75. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Goldstar Power's value of 4.33% is 32.8% above this industry median. Based on the distribution chart, Goldstar Power ranks #1302 out of 3076 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Goldstar Power has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldstar Power's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Goldstar Power ranks #1302 out of 3076 companies for Return-on-Tangible-Asset. This puts Goldstar Power in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Goldstar Power's value of 4.33% is 32.8% above this benchmark. While the company's 10-year median is 1.75 vs. the industry median of 3.26, Goldstar Power 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,076 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. Goldstar Power's current Return-on-Tangible-Asset of 4.33% is 32.8% 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 Goldstar Power and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldstar Power's current Return-on-Tangible-Asset is 4.33%, which is 147% above median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldstar Power stock overvalued right now?
Based on GuruFocus' analysis, Goldstar Power (NSE:GOLDSTAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹10.92, compared to a current price of ₹7.00 — trading 35.9% below its estimated fair value. The current Return-on-Tangible-Asset is 4.33%, which is 147% above median its 10-year median of 1.75 and 32.8% above the Industrial Products industry median of 3.26. Goldstar Power's overall GF Score™ is 78/100 with 3 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 Goldstar Power (NSE:GOLDSTAR), the current Return-on-Tangible-Asset is 4.33% as of Mar. 2025. 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 Goldstar Power (NSE:GOLDSTAR) Overvalued in 2026?
Based on GuruFocus' analysis, Goldstar Power stock appears to be undervalued.
The current stock price of ₹7.00 is trading 35.9% below its estimated GF Value™ of ₹10.92.
GuruFocus considers Goldstar Power to be Significantly Undervalued.
Key valuation signals for NSE:GOLDSTAR:
Return-on-Tangible-Asset: 4.33% (147% above median its 10-year median of 1.75)
GF Value™: ₹10.92 vs. price of ₹7.00 (35.9% below fair value)
Industry Position: 32.8% above the Industrial Products median (#1302 of 3076)
No single metric tells the full story. See the NSE:GOLDSTAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goldstar Power Ltd is a battery manufacturing company. It sells its products under the brand GOLDSTAR that includes Fully Automotive Batteries for Car, Tractor, and Heavy Duty Trucks, Tubular Batteries for E-Rickshaw, SMF-VRLA Batteries for UPS Application, Motorcycle Batteries, Solar Batteries, Pure Lead, and Alloy. The company has two reportable segments: Manufacturing of Battery, Lead Alloy, and Trading of Inverter, Chemicals & other battery related equipment. Key revenue is generated from the Manufacturing of Battery, Lead Alloy segment.
78GF Score
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