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The historical rank and industry rank for Krishna Defence & Allied Industries's Return-on-Tangible-Asset or its related term are showing as below:
NSE:KRISHNADEF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.17 Med: 5.46 Max: 21.69
Current: 11.97
During the past 8 years, Krishna Defence & Allied Industries's highest Return-on-Tangible-Asset was 21.69%. The lowest was 1.17%. And the median was 5.46%.
NSE:KRISHNADEF's Return-on-Tangible-Asset is ranked better than 88.88% of 3084
companies
in the Industrial Products industry
Industry Median: 3.41
vs NSE:KRISHNADEF: 11.97
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.
Krishna Defence & Allied Industries Return-on-Tangible-Asset Related Terms
Krishna Defence & Allied Industries Return-on-Tangible-Asset Historical Data
* 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:KRISHNADEF vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Krishna Defence & Allied Industries'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.
Krishna Defence & Allied Industries Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Krishna Defence & Allied Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Krishna Defence & Allied Industries'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 23.59% mean?
Krishna Defence & Allied Industries (NSE:KRISHNADEF) has a Return-on-Tangible-Asset of 23.59% 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 Krishna Defence & Allied Industries and its competitors. This is 332% above median its historical median of 5.46. Over the past decade, Krishna Defence & Allied Industries' Return-on-Tangible-Asset has ranged from 1.17 to 21.69. According to the industry distribution chart, Krishna Defence & Allied Industries ranks #343 out of 3084 companies in the Industrial Products industry, placing it in the top 11.1%.
Is Krishna Defence & Allied Industries' Return-on-Tangible-Asset too high?
Krishna Defence & Allied Industries' current Return-on-Tangible-Asset of 23.59% is 332% above median its 10-year median of 5.46. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 21.69. The Industrial Products industry median Return-on-Tangible-Asset is 3.41. Krishna Defence & Allied Industries' value of 23.59% is 591.8% above this industry median. Based on the distribution chart, Krishna Defence & Allied Industries ranks #343 out of 3084 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Krishna Defence & Allied Industries has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Krishna Defence & Allied Industries' Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Krishna Defence & Allied Industries ranks #343 out of 3084 companies for Return-on-Tangible-Asset. This places Krishna Defence & Allied Industries in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.41. Krishna Defence & Allied Industries' value of 23.59% is 591.8% above this benchmark. Historically, Krishna Defence & Allied Industries' own Return-on-Tangible-Asset has ranged from 1.17 to 21.69 over the past decade. While the company's 10-year median is 5.46 vs. the industry median of 3.41, Krishna Defence & Allied Industries 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 3.41, based on 3,084 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. Krishna Defence & Allied Industries's current Return-on-Tangible-Asset of 23.59% is 591.8% 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 Krishna Defence & Allied Industries and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krishna Defence & Allied Industries's current Return-on-Tangible-Asset is 23.59%, which is 332% above median its own 10-year median of 5.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krishna Defence & Allied Industries stock overvalued right now?
Based on GuruFocus' analysis, Krishna Defence & Allied Industries (NSE:KRISHNADEF) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,215.91, compared to a current price of ₹1,018.40 — trading 16.2% below its estimated fair value. The current Return-on-Tangible-Asset is 23.59%, which is 332% above median its 10-year median of 5.46 and 591.8% above the Industrial Products industry median of 3.41. Krishna Defence & Allied Industries' overall GF Score™ is 91/100 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 Krishna Defence & Allied Industries (NSE:KRISHNADEF), the current Return-on-Tangible-Asset is 23.59% 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 Krishna Defence & Allied Industries (NSE:KRISHNADEF) Overvalued in 2026?
Based on GuruFocus' analysis, Krishna Defence & Allied Industries stock appears to be undervalued.
The current stock price of ₹1,018.40 is trading 16.2% below its estimated GF Value™ of ₹1,215.91.
GuruFocus considers Krishna Defence & Allied Industries to be Modestly Undervalued.
Key valuation signals for NSE:KRISHNADEF:
Return-on-Tangible-Asset: 23.59% (332% above median its 10-year median of 5.46)
GF Value™: ₹1,215.91 vs. price of ₹1,018.40 (16.2% below fair value)
Industry Position: 591.8% above the Industrial Products median (#343 of 3084)
No single metric tells the full story. See the NSE:KRISHNADEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Krishna Defence & Allied Industries Ltd develops, manufactures, and designs defense application products and kitchen and dairy equipment products. It manufactures and offers a wide line of products including Ballast Bricks, Improvised Explosive Device Containment Vessels, Automatic Tyre Killer, Crowd Control Barriers, Bulk milk coolers with thermal storage systems, Cow Grooming Brushes, Daal Cooker, Rice Storage Chute, Stainless Steel Milk Cans, Heat Recovery Unit, Bulk Cooking Equipment like Rice Cauldron, Ship Building Steel section and others. It has two operating reportable segments as Dairy & Kitchen equipment segment and the Defence Products. The company generates maximum revenue from the Defence Products segment.
91GF Score
Get the complete analysis for NSE:KRISHNADEF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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