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Kore DigitalNSE:KDL -3.38%68 Return-on-Tangible-Asset is 15.91% as of Mar. 2025, which is 27% above its 10-year median of 12.49. GuruFocus rates NSE:KDL with a GF Score™ of 68/100. The stock has 5 warning signs investors should review. Among 366 Telecommunication Services companies, Kore Digital ranks better than 93.72% 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. Kore Digital's annualizedNet Income for the quarter that ended in Mar. 2025 was ₹317 Mil. Kore Digital's average total tangible assets for the quarter that ended in Mar. 2025 was ₹1,993 Mil. Therefore, Kore Digital's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 15.91%.
The historical rank and industry rank for Kore Digital's Return-on-Tangible-Asset or its related term are showing as below:
NSE:KDL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.96 Med: 12.49 Max: 21.51
Current: 15.91
During the past 6 years, Kore Digital's highest Return-on-Tangible-Asset was 21.51%. The lowest was 0.96%. And the median was 12.49%.
NSE:KDL's Return-on-Tangible-Asset is ranked better than 93.72% of 366
companies
in the Telecommunication Services industry
Industry Median: 3.36
vs NSE:KDL: 15.91
Kore Digital (NSE:KDL) 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.
Kore Digital Return-on-Tangible-Asset Related Terms
Kore Digital Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kore Digital'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:KDL vs VZ, TMUS, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, Kore Digital'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.
Kore Digital Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Kore Digital's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kore Digital'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 15.91% mean?
Kore Digital (NSE:KDL) has a Return-on-Tangible-Asset of 15.91% 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 Kore Digital and its competitors. This is 27% above median its historical median of 12.49. Over the past decade, Kore Digital's Return-on-Tangible-Asset has ranged from 0.96 to 21.51. According to the industry distribution chart, Kore Digital ranks #23 out of 366 companies in the Telecommunication Services industry, placing it in the top 6.3%.
Is Kore Digital's Return-on-Tangible-Asset too high?
Kore Digital's current Return-on-Tangible-Asset of 15.91% is 27% above median its 10-year median of 12.49. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 21.51. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.36. Kore Digital's value of 15.91% is 373.5% above this industry median. Based on the distribution chart, Kore Digital ranks #23 out of 366 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Kore Digital has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Kore Digital's Return-on-Tangible-Asset compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Kore Digital ranks #23 out of 366 companies for Return-on-Tangible-Asset. This places Kore Digital in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.36. Kore Digital's value of 15.91% is 373.5% above this benchmark. Historically, Kore Digital's own Return-on-Tangible-Asset has ranged from 0.96 to 21.51 over the past decade. While the company's 10-year median is 12.49 vs. the industry median of 3.36, Kore Digital 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 Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.36, based on 366 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. Kore Digital's current Return-on-Tangible-Asset of 15.91% is 373.5% 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 Kore Digital and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kore Digital's current Return-on-Tangible-Asset is 15.91%, which is 27% above median its own 10-year median of 12.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kore Digital stock overvalued right now?
Kore Digital (NSE:KDL) has a current Return-on-Tangible-Asset of 15.91%. The current Return-on-Tangible-Asset is 15.91%, which is 27% above median its 10-year median of 12.49 and 373.5% above the Telecommunication Services industry median of 3.36. Kore Digital's overall GF Score™ is 68/100 with 5 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 Kore Digital (NSE:KDL), the current Return-on-Tangible-Asset is 15.91% 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.
Kore Digital Ltd offers telecom and infrastructure development, and development of related allied services. It is engaged mainly in the business of installing and commissioning Poles, Towers, and Optical Fibre Cable (OFC) Systems in Maharashtra. The company operates in a single business segment, namely Telecommunication Infrastructure Services.
68GF Score
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