Integrated Personnel Services (NSE:IPSL) Return-on-Tangible-Asset: 9.00% (As of Mar. 2026) — 24% Above Median

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NSE:IPSL Integrated Personnel Services Ltd NSE:IPSL
78 GF Score
Price ₹235.00
GF Value ₹312.94
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Integrated Personnel Services Return-on-Tangible-Asset?

Integrated Personnel Services NSE:IPSL 78 Return-on-Tangible-Asset is 9.00% as of Mar. 2026, which is 24% above its 10-year median of 7.28. GuruFocus rates NSE:IPSL with a GF Score™ of 78/100 and a GF Value™ of ₹312.94 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,095 Business Services companies, Integrated Personnel Services ranks better than 72.15% 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. Integrated Personnel Services's annualized Net Income for the quarter that ended in Mar. 2026 was ₹122 Mil. Integrated Personnel Services's average total tangible assets for the quarter that ended in Mar. 2026 was ₹1,354 Mil. Therefore, Integrated Personnel Services's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.00%.

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

NSE:IPSL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.16   Med: 7.28   Max: 8.76
Current: 8.75

During the past 7 years, Integrated Personnel Services's highest Return-on-Tangible-Asset was 8.76%. The lowest was 4.16%. And the median was 7.28%.

NSE:IPSL's Return-on-Tangible-Asset is ranked better than
72.15% of 1095 companies
in the Business Services industry
Industry Median: 3.98 vs NSE:IPSL: 8.75

Integrated Personnel Services  (NSE:IPSL) 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.


Integrated Personnel Services Return-on-Tangible-Asset Related Terms


Integrated Personnel Services Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Integrated Personnel Services'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.

Integrated Personnel Services Return-on-Tangible-Asset Chart

Integrated Personnel Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial 7.28 7.61 7.22 7.55 8.76

Integrated Personnel Services Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 7.51 6.74 8.22 8.45 9.00

NSE:IPSL vs KFY, RHI, TNET: Return-on-Tangible-Asset Comparison

For the Staffing & Employment Services subindustry, Integrated Personnel Services'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.


Integrated Personnel Services Return-on-Tangible-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, Integrated Personnel Services's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Integrated Personnel Services's Return-on-Tangible-Asset falls into.


NSE:IPSL
78GF Score
Integrated Personnel Services Ltd NSE:IPSL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Integrated Personnel Services Return-on-Tangible-Asset Calculation

Integrated Personnel Services's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=109.602/( (1048.073+1453.43)/ 2 )
=109.602/1250.7515
=8.76 %

Integrated Personnel Services's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=121.866/( (1254.877+1453.43)/ 2 )
=121.866/1354.1535
=9.00 %

* 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 two times the semi-annual (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 9.00% mean?
Integrated Personnel Services (NSE:IPSL) has a Return-on-Tangible-Asset of 9.00% 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 Integrated Personnel Services and its competitors. This is 24% above median its historical median of 7.28. Over the past decade, Integrated Personnel Services' Return-on-Tangible-Asset has ranged from 4.16 to 8.76. According to the industry distribution chart, Integrated Personnel Services ranks #305 out of 1095 companies in the Business Services industry, placing it in the top 27.9%.
Is Integrated Personnel Services' Return-on-Tangible-Asset too high?
Integrated Personnel Services' current Return-on-Tangible-Asset of 9.00% is 24% above median its 10-year median of 7.28. Over the past 10 years, this metric has ranged from a low of 4.16 to a high of 8.76. The Business Services industry median Return-on-Tangible-Asset is 3.98. Integrated Personnel Services' value of 9.00% is 126.1% above this industry median. Based on the distribution chart, Integrated Personnel Services ranks #305 out of 1095 companies in the Business Services industry, which is above the industry midpoint. Overall, Integrated Personnel Services has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Integrated Personnel Services' Return-on-Tangible-Asset compare to KFY and RHI?
According to the Business Services industry distribution chart, Integrated Personnel Services ranks #305 out of 1095 companies for Return-on-Tangible-Asset. This puts Integrated Personnel Services in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.98. Integrated Personnel Services' value of 9.00% is 126.1% above this benchmark. Historically, Integrated Personnel Services' own Return-on-Tangible-Asset has ranged from 4.16 to 8.76 over the past decade. While the company's 10-year median is 7.28 vs. the industry median of 3.98, Integrated Personnel Services 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 a Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.98, based on 1,095 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. Integrated Personnel Services's current Return-on-Tangible-Asset of 9.00% is 126.1% 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 Integrated Personnel Services and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Integrated Personnel Services's current Return-on-Tangible-Asset is 9.00%, which is 24% above median its own 10-year median of 7.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Integrated Personnel Services stock overvalued right now?
Based on GuruFocus' analysis, Integrated Personnel Services (NSE:IPSL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹312.94, compared to a current price of ₹235.00 — trading 24.9% below its estimated fair value. The current Return-on-Tangible-Asset is 9.00%, which is 24% above median its 10-year median of 7.28 and 126.1% above the Business Services industry median of 3.98. Integrated Personnel Services' 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 Integrated Personnel Services (NSE:IPSL), the current Return-on-Tangible-Asset is 9.00% 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 Integrated Personnel Services (NSE:IPSL) Overvalued in 2026?

Based on GuruFocus' analysis, Integrated Personnel Services stock appears to be undervalued. The current stock price of ₹235.00 is trading 24.9% below its estimated GF Value™ of ₹312.94. GuruFocus considers Integrated Personnel Services to be Modestly Undervalued.

Key valuation signals for NSE:IPSL:

  • Return-on-Tangible-Asset: 9.00% (24% above median its 10-year median of 7.28)
  • GF Value™: ₹312.94 vs. price of ₹235.00 (24.9% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 126.1% above the Business Services median (#305 of 1095)

No single metric tells the full story. See the NSE:IPSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Integrated Personnel Services Business Description

Address 14, Whispering Palm, Shopping Center, Lokhandwala Complex, Kandivali (East), Mumbai, MH, IND, 400101
Integrated Personnel Services Ltd is an end to end human resource management company providing customized solutions to various corporates in India. The companies services includes temporary staffing solutions (flexi-staffing), permanent recruitment (executive search) services, specialized staff recruitment, outsourced recruitment processes and payroll management.
78GF Score

Get the complete analysis for NSE:IPSL

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

₹235.00
Price
₹312.94
GF Value