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Readymix Construction MachineryNSE:READYMIX -2.93%18 Return-on-Tangible-Asset is 1.78% as of Sep. 2025, which is 86% below its 10-year median of 12.28. GuruFocus rates NSE:READYMIX with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,781 Construction companies, Readymix Construction Machinery ranks better than 92.53% on this metric.
The historical rank and industry rank for Readymix Construction Machinery's Return-on-Tangible-Asset or its related term are showing as below:
NSE:READYMIX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.4 Med: 12.28 Max: 27.68
Current: 13.72
During the past 4 years, Readymix Construction Machinery's highest Return-on-Tangible-Asset was 27.68%. The lowest was 4.40%. And the median was 12.28%.
NSE:READYMIX's Return-on-Tangible-Asset is ranked better than 92.53% of 1781
companies
in the Construction industry
Industry Median: 3.04
vs NSE:READYMIX: 13.72
Readymix Construction Machinery (NSE:READYMIX) 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 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.
Readymix Construction Machinery Return-on-Tangible-Asset Related Terms
Readymix Construction Machinery 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.
Readymix Construction Machinery Return-on-Tangible-Asset Chart
NSE:READYMIX vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Readymix Construction Machinery'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.
Readymix Construction Machinery Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Readymix Construction Machinery's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Readymix Construction Machinery'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 (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of 1.78% mean?
Readymix Construction Machinery (NSE:READYMIX) has a Return-on-Tangible-Asset of 1.78% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Readymix Construction Machinery and its competitors. This is 86% below median its historical median of 12.28. Over the past decade, Readymix Construction Machinery's Return-on-Tangible-Asset has ranged from 4.40 to 27.68. According to the industry distribution chart, Readymix Construction Machinery ranks #133 out of 1781 companies in the Construction industry, placing it in the top 7.5%.
Is Readymix Construction Machinery's Return-on-Tangible-Asset too high?
Readymix Construction Machinery's current Return-on-Tangible-Asset of 1.78% is 86% below median its 10-year median of 12.28. Over the past 10 years, this metric has ranged from a low of 4.40 to a high of 27.68. The Construction industry median Return-on-Tangible-Asset is 3.04. Readymix Construction Machinery's value of 1.78% is 41.4% below this industry median. Based on the distribution chart, Readymix Construction Machinery ranks #133 out of 1781 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Readymix Construction Machinery has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Readymix Construction Machinery's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Readymix Construction Machinery ranks #133 out of 1781 companies for Return-on-Tangible-Asset. This places Readymix Construction Machinery in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.04. Readymix Construction Machinery's value of 1.78% is 41.4% below this benchmark. Historically, Readymix Construction Machinery's own Return-on-Tangible-Asset has ranged from 4.40 to 27.68 over the past decade. While the company's 10-year median is 12.28 vs. the industry median of 3.04, Readymix Construction Machinery 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.04, based on 1,781 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. Readymix Construction Machinery's current Return-on-Tangible-Asset of 1.78% is 41.4% 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 Readymix Construction Machinery 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. Readymix Construction Machinery's current Return-on-Tangible-Asset is 1.78%, which is 86% below median its own 10-year median of 12.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Readymix Construction Machinery stock overvalued right now?
Readymix Construction Machinery (NSE:READYMIX) has a current Return-on-Tangible-Asset of 1.78%. The current Return-on-Tangible-Asset is 1.78%, which is 86% below median its 10-year median of 12.28 and 41.4% below the Construction industry median of 3.04. Readymix Construction Machinery's overall GF Score™ is 18/100 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 Readymix Construction Machinery (NSE:READYMIX), the current Return-on-Tangible-Asset is 1.78% as of Sep. 2025. 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.
Readymix Construction Machinery Business Description
Readymix Construction Machinery Ltd is an engineering-led company, offering engineering solutions for design, development, fabrication and installation of various plant & machineries along with related equipments like Dry Mix Mortar Plant, Support equipment for Readymix Concrete Plant, Highcapacity Silos, Artificial Sand Plants (Crusher), Wall Putty Plants, Other Customized Projects etc., catering to industrial requirements of various industries like cement, concrete, crushing, construction and building materials etc. It also provide complete end-to-end turnkey solutions from conceptualization, development, fabrication, assembling, testing, logistic support, final erection and installation of various plant & machineries along with related equipments.
18GF Score
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