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Patil AutomationNSE:PATILAUTOM +1.72%18 Return-on-Tangible-Asset is 10.09% as of Mar. 2026, which is 19% above its 10-year median of 8.47. GuruFocus rates NSE:PATILAUTOM with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 3,080 Industrial Products companies, Patil Automation ranks better than 85.1% 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. Patil Automation's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹205 Mil. Patil Automation's average total tangible assets for the quarter that ended in Mar. 2026 was ₹2,031 Mil. Therefore, Patil Automation's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.09%.
The historical rank and industry rank for Patil Automation's Return-on-Tangible-Asset or its related term are showing as below:
NSE:PATILAUTOM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.24 Med: 8.47 Max: 11.34
Current: 10.23
During the past 5 years, Patil Automation's highest Return-on-Tangible-Asset was 11.34%. The lowest was 5.24%. And the median was 8.47%.
NSE:PATILAUTOM's Return-on-Tangible-Asset is ranked better than 85.1% of 3080
companies
in the Industrial Products industry
Industry Median: 3.395
vs NSE:PATILAUTOM: 10.23
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.
Patil Automation Return-on-Tangible-Asset Related Terms
Patil Automation Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Patil Automation'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:PATILAUTOM vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Patil Automation'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.
Patil Automation Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Patil Automation's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Patil Automation'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 10.09% mean?
Patil Automation (NSE:PATILAUTOM) has a Return-on-Tangible-Asset of 10.09% 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 Patil Automation and its competitors. This is 19% above median its historical median of 8.47. Over the past decade, Patil Automation's Return-on-Tangible-Asset has ranged from 5.24 to 11.34. According to the industry distribution chart, Patil Automation ranks #459 out of 3080 companies in the Industrial Products industry, placing it in the top 14.9%.
Is Patil Automation's Return-on-Tangible-Asset too high?
Patil Automation's current Return-on-Tangible-Asset of 10.09% is 19% above median its 10-year median of 8.47. Over the past 10 years, this metric has ranged from a low of 5.24 to a high of 11.34. The Industrial Products industry median Return-on-Tangible-Asset is 3.40. Patil Automation's value of 10.09% is 197.2% above this industry median. Based on the distribution chart, Patil Automation ranks #459 out of 3080 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Patil Automation has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Patil Automation's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Patil Automation ranks #459 out of 3080 companies for Return-on-Tangible-Asset. This places Patil Automation in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.40. Patil Automation's value of 10.09% is 197.2% above this benchmark. Historically, Patil Automation's own Return-on-Tangible-Asset has ranged from 5.24 to 11.34 over the past decade. While the company's 10-year median is 8.47 vs. the industry median of 3.40, Patil Automation 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 3.40, based on 3,080 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. Patil Automation's current Return-on-Tangible-Asset of 10.09% is 197.2% 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 Patil Automation and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patil Automation's current Return-on-Tangible-Asset is 10.09%, which is 19% above median its own 10-year median of 8.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patil Automation stock overvalued right now?
Patil Automation (NSE:PATILAUTOM) has a current Return-on-Tangible-Asset of 10.09%. The current Return-on-Tangible-Asset is 10.09%, which is 19% above median its 10-year median of 8.47 and 197.2% above the Industrial Products industry median of 3.40. Patil Automation's overall GF Score™ is 18/100 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 Patil Automation (NSE:PATILAUTOM), the current Return-on-Tangible-Asset is 10.09% 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.
Patil Automation Ltd is an automation solutions provider serving industrial clients in the automotive sector. It is engaged in the business of manufacturing and supplying Welding fixtures, Inspection Jigs & Gauges, Conveyor, and Assembly Line. The group provides services of Line Automation, Robotic Welding & Handling, Special Purpose Machines, and Jigs & Fixtures.
18GF Score
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