Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Matrix Geo SolutionsNSE:MGSL -5.11%22 Return-on-Tangible-Asset is 15.82% as of Mar. 2026, which is 16% below its 10-year median of 18.83. GuruFocus rates NSE:MGSL with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 2,499 Hardware companies, Matrix Geo Solutions ranks better than 93.76% 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. Matrix Geo Solutions's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹121.1 Mil. Matrix Geo Solutions's average total tangible assets for the quarter that ended in Mar. 2026 was ₹765.4 Mil. Therefore, Matrix Geo Solutions's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 15.82%.
The historical rank and industry rank for Matrix Geo Solutions's Return-on-Tangible-Asset or its related term are showing as below:
NSE:MGSL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.65 Med: 18.83 Max: 24.95
Current: 16.49
During the past 5 years, Matrix Geo Solutions's highest Return-on-Tangible-Asset was 24.95%. The lowest was 7.65%. And the median was 18.83%.
NSE:MGSL's Return-on-Tangible-Asset is ranked better than 93.76% of 2499
companies
in the Hardware industry
Industry Median: 2.85
vs NSE:MGSL: 16.49
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.
Matrix Geo Solutions Return-on-Tangible-Asset Related Terms
Matrix Geo Solutions Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Matrix Geo Solutions'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:MGSL vs COHR, KEYS, GRMN: Return-on-Tangible-Asset Comparison
For the Scientific & Technical Instruments subindustry, Matrix Geo Solutions'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.
Matrix Geo Solutions Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Matrix Geo Solutions's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Matrix Geo Solutions'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 15.82% mean?
Matrix Geo Solutions (NSE:MGSL) has a Return-on-Tangible-Asset of 15.82% 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 Matrix Geo Solutions and its competitors. This is 16% below median its historical median of 18.83. Over the past decade, Matrix Geo Solutions' Return-on-Tangible-Asset has ranged from 7.65 to 24.95. According to the industry distribution chart, Matrix Geo Solutions ranks #156 out of 2499 companies in the Hardware industry, placing it in the top 6.2%.
Is Matrix Geo Solutions' Return-on-Tangible-Asset too high?
Matrix Geo Solutions' current Return-on-Tangible-Asset of 15.82% is 16% below median its 10-year median of 18.83. Over the past 10 years, this metric has ranged from a low of 7.65 to a high of 24.95. The Hardware industry median Return-on-Tangible-Asset is 2.85. Matrix Geo Solutions' value of 15.82% is 455.1% above this industry median. Based on the distribution chart, Matrix Geo Solutions ranks #156 out of 2499 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Matrix Geo Solutions has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Matrix Geo Solutions' Return-on-Tangible-Asset compare to COHR and KEYS?
According to the Hardware industry distribution chart, Matrix Geo Solutions ranks #156 out of 2499 companies for Return-on-Tangible-Asset. This places Matrix Geo Solutions in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.85. Matrix Geo Solutions' value of 15.82% is 455.1% above this benchmark. Historically, Matrix Geo Solutions' own Return-on-Tangible-Asset has ranged from 7.65 to 24.95 over the past decade. While the company's 10-year median is 18.83 vs. the industry median of 2.85, Matrix Geo Solutions 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.85, based on 2,499 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. Matrix Geo Solutions's current Return-on-Tangible-Asset of 15.82% is 455.1% 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 Matrix Geo Solutions and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matrix Geo Solutions's current Return-on-Tangible-Asset is 15.82%, which is 16% below median its own 10-year median of 18.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matrix Geo Solutions stock overvalued right now?
Matrix Geo Solutions (NSE:MGSL) has a current Return-on-Tangible-Asset of 15.82%. The current Return-on-Tangible-Asset is 15.82%, which is 16% below median its 10-year median of 18.83 and 455.1% above the Hardware industry median of 2.85. Matrix Geo Solutions' overall GF Score™ is 22/100 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 Matrix Geo Solutions (NSE:MGSL), the current Return-on-Tangible-Asset is 15.82% 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.
Matrix Geo Solutions Ltd is a Geospatial Technology and Engineering Consultancy, delivering cutting-edge solutions for survey, mapping, and data analysis. It provides geospatial and consulting services with a focus on Drone-as-a-Service (DaaS) and geospatial and remote sensing services. Through Drone as a service, it offers high-resolution drone-based aerial surveys for various applications, including mapping, surveillance, and infrastructure inspection. Services include the creation of detailed orthophotos, 3D models, digital elevation models, and precise topographical maps. In addition to drone services, it offers extensive consultancy in geospatial data analysis, where it utilizes remote sensing technologies like LiDAR, satellite imagery, and drone surveys to provide clients.
22GF Score
Get the complete analysis for NSE:MGSL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:MGSL has been successfully added to your 
