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NSE:MITCON's Return-on-Tangible-Asset is ranked worse than 52.05% of 1783
companies
in the Construction industry
Industry Median: 3.04
vs NSE:MITCON: 2.80
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.
MITCON Consultancy & Engineering Services Return-on-Tangible-Asset Related Terms
MITCON Consultancy & Engineering Services 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:MITCON vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, MITCON Consultancy & Engineering Services'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.
MITCON Consultancy & Engineering Services Return-on-Tangible-Asset vs Construction Industry
* 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 6.15% mean?
MITCON Consultancy & Engineering Services (NSE:MITCON) has a Return-on-Tangible-Asset of 6.15% 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 MITCON Consultancy & Engineering Services and its competitors. This is 302% above median its historical median of 1.53. According to the industry distribution chart, MITCON Consultancy & Engineering Services ranks #928 out of 1783 companies in the Construction industry, placing it in the top 52%.
Is MITCON Consultancy & Engineering Services' Return-on-Tangible-Asset too high?
MITCON Consultancy & Engineering Services' current Return-on-Tangible-Asset of 6.15% is 302% above median its 10-year median of 1.53. The Construction industry median Return-on-Tangible-Asset is 3.04. MITCON Consultancy & Engineering Services' value of 6.15% is 102.3% above this industry median. Based on the distribution chart, MITCON Consultancy & Engineering Services ranks #928 out of 1783 companies in the Construction industry, which is below the industry midpoint. Overall, MITCON Consultancy & Engineering Services has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MITCON Consultancy & Engineering Services' Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, MITCON Consultancy & Engineering Services ranks #928 out of 1783 companies for Return-on-Tangible-Asset. This places MITCON Consultancy & Engineering Services in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.04. MITCON Consultancy & Engineering Services' value of 6.15% is 102.3% above this benchmark. While the company's 10-year median is 1.53 vs. the industry median of 3.04, MITCON Consultancy & Engineering Services 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.04, 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. MITCON Consultancy & Engineering Services's current Return-on-Tangible-Asset of 6.15% is 102.3% 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 MITCON Consultancy & Engineering Services and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MITCON Consultancy & Engineering Services's current Return-on-Tangible-Asset is 6.15%, which is 302% above median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MITCON Consultancy & Engineering Services stock overvalued right now?
Based on GuruFocus' analysis, MITCON Consultancy & Engineering Services (NSE:MITCON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹97.70, compared to a current price of ₹75.43 — trading 22.8% below its estimated fair value. The current Return-on-Tangible-Asset is 6.15%, which is 302% above median its 10-year median of 1.53 and 102.3% above the Construction industry median of 3.04. MITCON Consultancy & Engineering Services' overall GF Score™ is 82/100 with 3 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 MITCON Consultancy & Engineering Services (NSE:MITCON), the current Return-on-Tangible-Asset is 6.15% 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 MITCON Consultancy & Engineering Services (NSE:MITCON) Overvalued in 2026?
Based on GuruFocus' analysis, MITCON Consultancy & Engineering Services stock appears to be undervalued.
The current stock price of ₹75.43 is trading 22.8% below its estimated GF Value™ of ₹97.70.
GuruFocus considers MITCON Consultancy & Engineering Services to be Modestly Undervalued.
Key valuation signals for NSE:MITCON:
Return-on-Tangible-Asset: 6.15% (302% above median its 10-year median of 1.53)
GF Value™: ₹97.70 vs. price of ₹75.43 (22.8% below fair value)
Industry Position: 102.3% above the Construction median (#928 of 1783)
No single metric tells the full story. See the NSE:MITCON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MITCON Consultancy & Engineering Services Business Description
MITCON Consultancy & Engineering Services Ltd is engaged in the business of providing Consultancy and training services. The company's operating segments include Consultancy and Training, Project Services, and Wind Power Generation. It generates maximum revenue from the Consultancy and Training segment. The company serves various sectors such as Energy Transition, Renewables, Biofuels, Green Chemistry, Skill Development, Environment Management and Engineering, Business Advisory Services, Infrastructure, and others.
82GF Score
Get the complete analysis for NSE:MITCON
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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