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Prakash SteelageNSE:PRAKASHSTL -0.25%73 Return-on-Tangible-Asset is 0.33% as of Mar. 2026, which is 95% below its 10-year median of 7.21. GuruFocus rates NSE:PRAKASHSTL with a GF Score™ of 73/100 and a GF Value™ of ₹7.07 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 635 Steel companies, Prakash Steelage ranks better than 50.55% 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. Prakash Steelage's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1.5 Mil. Prakash Steelage's average total tangible assets for the quarter that ended in Mar. 2026 was ₹444.9 Mil. Therefore, Prakash Steelage's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.33%.
The historical rank and industry rank for Prakash Steelage's Return-on-Tangible-Asset or its related term are showing as below:
NSE:PRAKASHSTL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -121.66 Med: 7.21 Max: 486.13
Current: 2.13
During the past 13 years, Prakash Steelage's highest Return-on-Tangible-Asset was 486.13%. The lowest was -121.66%. And the median was 7.21%.
NSE:PRAKASHSTL's Return-on-Tangible-Asset is ranked better than 50.55% of 635
companies
in the Steel industry
Industry Median: 2.04
vs NSE:PRAKASHSTL: 2.13
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.
Prakash Steelage Return-on-Tangible-Asset Related Terms
Prakash Steelage Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Prakash Steelage'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:PRAKASHSTL vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Prakash Steelage'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.
Prakash Steelage Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Prakash Steelage's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Prakash Steelage'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 0.33% mean?
Prakash Steelage (NSE:PRAKASHSTL) has a Return-on-Tangible-Asset of 0.33% 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 Prakash Steelage and its competitors. This is 95% below median its historical median of 7.21. According to the industry distribution chart, Prakash Steelage ranks #314 out of 635 companies in the Steel industry, placing it in the top 49.4%.
Is Prakash Steelage's Return-on-Tangible-Asset too high?
Prakash Steelage's current Return-on-Tangible-Asset of 0.33% is 95% below median its 10-year median of 7.21. The Steel industry median Return-on-Tangible-Asset is 2.04. Prakash Steelage's value of 0.33% is 83.8% below this industry median. Based on the distribution chart, Prakash Steelage ranks #314 out of 635 companies in the Steel industry, which is above the industry midpoint. Overall, Prakash Steelage has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prakash Steelage's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Prakash Steelage ranks #314 out of 635 companies for Return-on-Tangible-Asset. This puts Prakash Steelage in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.04. Prakash Steelage's value of 0.33% is 83.8% below this benchmark. While the company's 10-year median is 7.21 vs. the industry median of 2.04, Prakash Steelage has consistently been below 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.04, based on 635 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. Prakash Steelage's current Return-on-Tangible-Asset of 0.33% is 83.8% below 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 Prakash Steelage and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prakash Steelage's current Return-on-Tangible-Asset is 0.33%, which is 95% below median its own 10-year median of 7.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Steelage stock overvalued right now?
Based on GuruFocus' analysis, Prakash Steelage (NSE:PRAKASHSTL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹7.07, compared to a current price of ₹4.00 — trading 43.4% below its estimated fair value. The current Return-on-Tangible-Asset is 0.33%, which is 95% below median its 10-year median of 7.21 and 83.8% below the Steel industry median of 2.04. Prakash Steelage's overall GF Score™ is 73/100 with 1 warning sign 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 Prakash Steelage (NSE:PRAKASHSTL), the current Return-on-Tangible-Asset is 0.33% 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 Prakash Steelage (NSE:PRAKASHSTL) Overvalued in 2026?
Based on GuruFocus' analysis, Prakash Steelage stock appears to be undervalued.
The current stock price of ₹4.00 is trading 43.4% below its estimated GF Value™ of ₹7.07.
GuruFocus considers Prakash Steelage to be Significantly Undervalued.
Key valuation signals for NSE:PRAKASHSTL:
Return-on-Tangible-Asset: 0.33% (95% below median its 10-year median of 7.21)
GF Value™: ₹7.07 vs. price of ₹4.00 (43.4% below fair value)
Industry Position: 83.8% below the Steel median (#314 of 635)
No single metric tells the full story. See the NSE:PRAKASHSTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prakash Steelage Ltd is a company, which is predominantly related to the manufacturing and trading of stainless steel tubes and pipes. The products of the company are available in various conditions, such as welded pipes, large-diameter pipes, welded tubes, welded instrumentation tubes, welded heat exchanger tubes, and welded EFW pipes. Geographically, all the group's business activity is operated through India's region.
73GF Score
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