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Reliable Data ServicesNSE:RELIABLE -1.84%85 Return-on-Tangible-Asset is 2.80% as of Mar. 2026, which is 43% below its 10-year median of 4.89. GuruFocus rates NSE:RELIABLE with a GF Score™ of 85/100 and a GF Value™ of ₹149.10 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,892 Software companies, Reliable Data Services ranks better than 60.72% 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. Reliable Data Services's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹51 Mil. Reliable Data Services's average total tangible assets for the quarter that ended in Mar. 2026 was ₹1,830 Mil. Therefore, Reliable Data Services's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.80%.
The historical rank and industry rank for Reliable Data Services's Return-on-Tangible-Asset or its related term are showing as below:
NSE:RELIABLE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.3 Med: 4.89 Max: 10.75
Current: 4.9
During the past 13 years, Reliable Data Services's highest Return-on-Tangible-Asset was 10.75%. The lowest was 2.30%. And the median was 4.89%.
NSE:RELIABLE's Return-on-Tangible-Asset is ranked better than 60.72% of 2892
companies
in the Software industry
Industry Median: 2.07
vs NSE:RELIABLE: 4.90
Reliable Data Services (NSE:RELIABLE) 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.
Reliable Data Services Return-on-Tangible-Asset Related Terms
Reliable Data Services Return-on-Tangible-Asset Historical Data
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The historical data trend for Reliable Data Services'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.
Reliable Data Services Return-on-Tangible-Asset Chart
NSE:RELIABLE vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Reliable Data 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.
Reliable Data Services Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Reliable Data Services's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Reliable Data Services'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 2.80% mean?
Reliable Data Services (NSE:RELIABLE) has a Return-on-Tangible-Asset of 2.80% 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 Reliable Data Services and its competitors. This is 43% below median its historical median of 4.89. Over the past decade, Reliable Data Services' Return-on-Tangible-Asset has ranged from 2.30 to 10.75. According to the industry distribution chart, Reliable Data Services ranks #1136 out of 2892 companies in the Software industry, placing it in the top 39.3%.
Is Reliable Data Services' Return-on-Tangible-Asset too high?
Reliable Data Services' current Return-on-Tangible-Asset of 2.80% is 43% below median its 10-year median of 4.89. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 10.75. The Software industry median Return-on-Tangible-Asset is 2.07. Reliable Data Services' value of 2.80% is 35.3% above this industry median. Based on the distribution chart, Reliable Data Services ranks #1136 out of 2892 companies in the Software industry, which is above the industry midpoint. Overall, Reliable Data Services has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Reliable Data Services' Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Reliable Data Services ranks #1136 out of 2892 companies for Return-on-Tangible-Asset. This puts Reliable Data Services in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.07. Reliable Data Services' value of 2.80% is 35.3% above this benchmark. Historically, Reliable Data Services' own Return-on-Tangible-Asset has ranged from 2.30 to 10.75 over the past decade. While the company's 10-year median is 4.89 vs. the industry median of 2.07, Reliable Data 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.07, based on 2,892 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. Reliable Data Services's current Return-on-Tangible-Asset of 2.80% is 35.3% 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 Reliable Data Services and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliable Data Services's current Return-on-Tangible-Asset is 2.80%, which is 43% below median its own 10-year median of 4.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliable Data Services stock overvalued right now?
Based on GuruFocus' analysis, Reliable Data Services (NSE:RELIABLE) is currently considered Fairly Valued. The stock's GF Value™ is ₹149.10, compared to a current price of ₹143.83 — trading 3.5% below its estimated fair value. The current Return-on-Tangible-Asset is 2.80%, which is 43% below median its 10-year median of 4.89 and 35.3% above the Software industry median of 2.07. Reliable Data Services' overall GF Score™ is 85/100 with 6 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 Reliable Data Services (NSE:RELIABLE), the current Return-on-Tangible-Asset is 2.80% 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 Reliable Data Services (NSE:RELIABLE) Overvalued in 2026?
Based on GuruFocus' analysis, Reliable Data Services stock appears to be undervalued.
The current stock price of ₹143.83 is trading 3.5% below its estimated GF Value™ of ₹149.10.
GuruFocus considers Reliable Data Services to be Fairly Valued.
Key valuation signals for NSE:RELIABLE:
Return-on-Tangible-Asset: 2.80% (43% below median its 10-year median of 4.89)
GF Value™: ₹149.10 vs. price of ₹143.83 (3.5% below fair value)
Industry Position: 35.3% above the Software median (#1136 of 2892)
No single metric tells the full story. See the NSE:RELIABLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reliable Data Services Ltd is an India-based company that provides IT and IT-enabled services to various banking, financial services, and other manufacturing industries in the field of back-office processing, front office follow-ups, and management services. The business segments comprises of which are Banking, Financial Services and Insurance and Non-Banking, Financial Services and Insurance. The Banking, Financial Services and Insurance segment derives majority of its revenue for the company. The company provides transaction processing services and payroll services as well.
85GF Score
Get the complete analysis for NSE:RELIABLE
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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