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JNK IndiaNSE:JNKINDIA -1.50%48 Return-on-Tangible-Asset is 3.68% as of Jun. 2026, which is 74% below its 10-year median of 13.95. GuruFocus rates NSE:JNKINDIA with a GF Score™ of 48/100. The stock has 4 warning signs investors should review. Among 3,093 Industrial Products companies, JNK India ranks better than 78.86% 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. JNK India's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹385 Mil. JNK India's average total tangible assets for the quarter that ended in Jun. 2026 was ₹10,468 Mil. Therefore, JNK India's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 3.68%.
The historical rank and industry rank for JNK India's Return-on-Tangible-Asset or its related term are showing as below:
NSE:JNKINDIA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.64 Med: 13.95 Max: 18.32
Current: 8.5
During the past 6 years, JNK India's highest Return-on-Tangible-Asset was 18.32%. The lowest was 4.64%. And the median was 13.95%.
NSE:JNKINDIA's Return-on-Tangible-Asset is ranked better than 78.86% of 3093
companies
in the Industrial Products industry
Industry Median: 3.35
vs NSE:JNKINDIA: 8.50
JNK India (NSE:JNKINDIA) 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.
JNK India Return-on-Tangible-Asset Related Terms
JNK India Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for JNK India'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:JNKINDIA vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, JNK India'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.
JNK India Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, JNK India's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where JNK India'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.68% mean?
JNK India (NSE:JNKINDIA) has a Return-on-Tangible-Asset of 3.68% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on JNK India and its competitors. This is 74% below median its historical median of 13.95. Over the past decade, JNK India's Return-on-Tangible-Asset has ranged from 4.64 to 18.32. According to the industry distribution chart, JNK India ranks #654 out of 3093 companies in the Industrial Products industry, placing it in the top 21.1%.
Is JNK India's Return-on-Tangible-Asset too high?
JNK India's current Return-on-Tangible-Asset of 3.68% is 74% below median its 10-year median of 13.95. Over the past 10 years, this metric has ranged from a low of 4.64 to a high of 18.32. The Industrial Products industry median Return-on-Tangible-Asset is 3.35. JNK India's value of 3.68% is 9.9% above this industry median. Based on the distribution chart, JNK India ranks #654 out of 3093 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, JNK India has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does JNK India's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, JNK India ranks #654 out of 3093 companies for Return-on-Tangible-Asset. This places JNK India in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.35. JNK India's value of 3.68% is 9.9% above this benchmark. Historically, JNK India's own Return-on-Tangible-Asset has ranged from 4.64 to 18.32 over the past decade. While the company's 10-year median is 13.95 vs. the industry median of 3.35, JNK India 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 3.35, based on 3,093 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. JNK India's current Return-on-Tangible-Asset of 3.68% is 9.9% 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 JNK India and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JNK India's current Return-on-Tangible-Asset is 3.68%, which is 74% below median its own 10-year median of 13.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JNK India stock overvalued right now?
JNK India (NSE:JNKINDIA) has a current Return-on-Tangible-Asset of 3.68%. The current Return-on-Tangible-Asset is 3.68%, which is 74% below median its 10-year median of 13.95 and 9.9% above the Industrial Products industry median of 3.35. JNK India's overall GF Score™ is 48/100 with 4 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 JNK India (NSE:JNKINDIA), the current Return-on-Tangible-Asset is 3.68% as of Jun. 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.
JNK India Ltd is in the business of manufacturing process-fired heaters, reformers, and cracking furnaces (together, the Heating Equipment) that are required in process industries such as oil and gas refineries, petrochemical, and fertilizer industries. It has capabilities in thermal designing, engineering, manufacturing, supplying, installing, and commissioning process-fired heaters, reformers, and cracking furnaces.
48GF Score
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