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Vodafone IdeaNSE:IDEA +0.37%44 Return-on-Tangible-Asset is 210.04% as of Mar. 2026. GuruFocus rates NSE:IDEA with a GF Score™ of 44/100 and a GF Value™ of ₹5.62 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 365 Telecommunication Services companies, Vodafone Idea ranks better than 98.36% 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. Vodafone Idea's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹2,078,800 Mil. Vodafone Idea's average total tangible assets for the quarter that ended in Mar. 2026 was ₹989,720 Mil. Therefore, Vodafone Idea's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 210.04%.
The historical rank and industry rank for Vodafone Idea's Return-on-Tangible-Asset or its related term are showing as below:
NSE:IDEA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -71.44 Med: -30.84 Max: 36.03
Current: 36.03
During the past 13 years, Vodafone Idea's highest Return-on-Tangible-Asset was 36.03%. The lowest was -71.44%. And the median was -30.84%.
NSE:IDEA's Return-on-Tangible-Asset is ranked better than 98.36% of 365
companies
in the Telecommunication Services industry
Industry Median: 3.43
vs NSE:IDEA: 36.03
Vodafone Idea (NSE:IDEA) 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.
Vodafone Idea Return-on-Tangible-Asset Related Terms
Vodafone Idea Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Vodafone Idea'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:IDEA vs TMUS, VZ, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, Vodafone Idea'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.
Vodafone Idea Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Vodafone Idea's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Vodafone Idea'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 210.04% mean?
Vodafone Idea (NSE:IDEA) has a Return-on-Tangible-Asset of 210.04% 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 Vodafone Idea and its competitors. According to the industry distribution chart, Vodafone Idea ranks #6 out of 365 companies in the Telecommunication Services industry, placing it in the top 1.6%.
Is Vodafone Idea's Return-on-Tangible-Asset too high?
Vodafone Idea's current Return-on-Tangible-Asset is 210.04%. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.43. Vodafone Idea's value of 210.04% is 6023.6% above this industry median. Based on the distribution chart, Vodafone Idea ranks #6 out of 365 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Vodafone Idea has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vodafone Idea's Return-on-Tangible-Asset compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Vodafone Idea ranks #6 out of 365 companies for Return-on-Tangible-Asset. This places Vodafone Idea in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.43. Vodafone Idea's value of 210.04% is 6023.6% above 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 Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.43, based on 365 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. Vodafone Idea's current Return-on-Tangible-Asset of 210.04% is 6023.6% 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 Vodafone Idea and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vodafone Idea's current Return-on-Tangible-Asset is 210.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodafone Idea stock overvalued right now?
Based on GuruFocus' analysis, Vodafone Idea (NSE:IDEA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.62, compared to a current price of ₹13.54 — trading 140.9% above its estimated fair value. The current Return-on-Tangible-Asset is 210.04% and 6023.6% above the Telecommunication Services industry median of 3.43. Vodafone Idea's overall GF Score™ is 44/100 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 Vodafone Idea (NSE:IDEA), the current Return-on-Tangible-Asset is 210.04% 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 Vodafone Idea (NSE:IDEA) Overvalued in 2026?
Based on GuruFocus' analysis, Vodafone Idea stock appears to be overvalued.
The current stock price of ₹13.54 is trading 140.9% above its estimated GF Value™ of ₹5.62.
GuruFocus considers Vodafone Idea to be Significantly Overvalued.
Key valuation signals for NSE:IDEA:
Return-on-Tangible-Asset: 210.04%
GF Value™: ₹5.62 vs. price of ₹13.54 (140.9% above fair value)
Industry Position: 6023.6% above the Telecommunication Services median (#6 of 365)
No single metric tells the full story. See the NSE:IDEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vodafone Idea Ltd is a telecommunications company that provides mobile services and operates under one segment namely Mobility services. Mobility services generates revenue from mobile services and constitutes the majority of overall company revenue. The company owns telecommunications infrastructure, such as fiber networks and mobile towers. The company generates the vast majority of its revenue in India.
44GF Score
Get the complete analysis for NSE:IDEA
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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