MEP Infrastructure Developers (NSE:MEP) Return-on-Tangible-Asset: -116.86% (As of Mar. 2024)

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NSE:MEP MEP Infrastructure Developers Ltd NSE:MEP
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What is MEP Infrastructure Developers Return-on-Tangible-Asset?

MEP Infrastructure Developers NSE:MEP -1.79% 4 Return-on-Tangible-Asset is -116.86% as of Mar. 2024. GuruFocus rates NSE:MEP with a GF Score™ of 4/100.

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. MEP Infrastructure Developers's annualized Net Income for the quarter that ended in Mar. 2024 was ₹-25,832.3 Mil. MEP Infrastructure Developers's average total tangible assets for the quarter that ended in Mar. 2024 was ₹22,104.8 Mil. Therefore, MEP Infrastructure Developers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was -116.86%.

The historical rank and industry rank for MEP Infrastructure Developers's Return-on-Tangible-Asset or its related term are showing as below:

NSE:MEP's Return-on-Tangible-Asset is not ranked *
in the Construction industry.
Industry Median: 3.05
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

MEP Infrastructure Developers  (NSE:MEP) 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.


MEP Infrastructure Developers Return-on-Tangible-Asset Related Terms


MEP Infrastructure Developers Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for MEP Infrastructure Developers'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.

MEP Infrastructure Developers Return-on-Tangible-Asset Chart

MEP Infrastructure Developers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.29 -2.16 -7.07 -7.38 -31.72

MEP Infrastructure Developers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.29 -5.21 -6.52 -14.62 -116.86

NSE:MEP vs VRRM: Return-on-Tangible-Asset Comparison

For the Infrastructure Operations subindustry, MEP Infrastructure Developers'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.


MEP Infrastructure Developers Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, MEP Infrastructure Developers's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where MEP Infrastructure Developers's Return-on-Tangible-Asset falls into.


NSE:MEP
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MEP Infrastructure Developers Ltd NSE:MEP
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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MEP Infrastructure Developers Return-on-Tangible-Asset Calculation

MEP Infrastructure Developers's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=-8552.057/( (31811.037+22104.819)/ 2 )
=-8552.057/26957.928
=-31.72 %

MEP Infrastructure Developers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-25832.34/( (0+22104.819)/ 1 )
=-25832.34/22104.819
=-116.86 %

* 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. 2024) net income data.

What does a Return-on-Tangible-Asset of -116.86% mean?
MEP Infrastructure Developers (NSE:MEP) has a Return-on-Tangible-Asset of -116.86% as of Mar. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on MEP Infrastructure Developers and its competitors.
Is MEP Infrastructure Developers' Return-on-Tangible-Asset too high?
MEP Infrastructure Developers' current Return-on-Tangible-Asset is -116.86%. Overall, MEP Infrastructure Developers has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does MEP Infrastructure Developers' Return-on-Tangible-Asset compare to VRRM?
MEP Infrastructure Developers' Return-on-Tangible-Asset of -116.86% can be compared against companies in the Construction industry. The industry median Return-on-Tangible-Asset is 3.05. 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,783 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. 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 MEP Infrastructure Developers and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MEP Infrastructure Developers's current Return-on-Tangible-Asset is -116.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEP Infrastructure Developers stock overvalued right now?
MEP Infrastructure Developers (NSE:MEP) has a current Return-on-Tangible-Asset of -116.86%. The current Return-on-Tangible-Asset is -116.86%. MEP Infrastructure Developers' overall GF Score™ is 4/100. 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 MEP Infrastructure Developers (NSE:MEP), the current Return-on-Tangible-Asset is -116.86% as of Mar. 2024. 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.

MEP Infrastructure Developers Business Description

Address Hindu Colony, Sir Bhalchandra Road, 2102, Floor-21st, Plot-62, Kesar Equinox, Dadar (East), Mumbai, MH, IND, 400014
MEP Infrastructure Developers Ltd is an India-based infrastructure company. It is engaged in the business activities of road construction, operation, maintenance and toll collection. The group operates in the business segments of Toll collection, Operation and Maintenance, and Construction. It generates maximum revenue from the Toll collection and repairs and maintenance segments. The company provides toll management service and assists its clients in addressing the complexities of the implementation and operation of toll systems. The organization also helps in the installation of electronic toll and cash collection systems, communication networks, and intelligent transportation systems. It principally operates in India.
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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