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ROX Hi-TechNSE:ROXHITECH +1.06%62 Return-on-Tangible-Asset is 6.42% as of Mar. 2026, which is 30% below its 10-year median of 9.15. GuruFocus rates NSE:ROXHITECH with a GF Score™ of 62/100 and a GF Value™ of ₹83.20 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,893 Software companies, ROX Hi-Tech ranks better than 66.92% 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. ROX Hi-Tech's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹163 Mil. ROX Hi-Tech's average total tangible assets for the quarter that ended in Mar. 2026 was ₹2,535 Mil. Therefore, ROX Hi-Tech's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.42%.
The historical rank and industry rank for ROX Hi-Tech's Return-on-Tangible-Asset or its related term are showing as below:
NSE:ROXHITECH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.7 Med: 9.15 Max: 30.89
Current: 6.84
During the past 6 years, ROX Hi-Tech's highest Return-on-Tangible-Asset was 30.89%. The lowest was 1.70%. And the median was 9.15%.
NSE:ROXHITECH's Return-on-Tangible-Asset is ranked better than 66.92% of 2893
companies
in the Software industry
Industry Median: 2.04
vs NSE:ROXHITECH: 6.84
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.
ROX Hi-Tech Return-on-Tangible-Asset Related Terms
ROX Hi-Tech Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ROX Hi-Tech'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:ROXHITECH vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, ROX Hi-Tech'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.
ROX Hi-Tech Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, ROX Hi-Tech's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ROX Hi-Tech'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 6.42% mean?
ROX Hi-Tech (NSE:ROXHITECH) has a Return-on-Tangible-Asset of 6.42% 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 ROX Hi-Tech and its competitors. This is 30% below median its historical median of 9.15. Over the past decade, ROX Hi-Tech's Return-on-Tangible-Asset has ranged from 1.70 to 30.89. According to the industry distribution chart, ROX Hi-Tech ranks #957 out of 2893 companies in the Software industry, placing it in the top 33.1%.
Is ROX Hi-Tech's Return-on-Tangible-Asset too high?
ROX Hi-Tech's current Return-on-Tangible-Asset of 6.42% is 30% below median its 10-year median of 9.15. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 30.89. The Software industry median Return-on-Tangible-Asset is 2.04. ROX Hi-Tech's value of 6.42% is 214.7% above this industry median. Based on the distribution chart, ROX Hi-Tech ranks #957 out of 2893 companies in the Software industry, which is above the industry midpoint. Overall, ROX Hi-Tech has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ROX Hi-Tech's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, ROX Hi-Tech ranks #957 out of 2893 companies for Return-on-Tangible-Asset. This puts ROX Hi-Tech in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.04. ROX Hi-Tech's value of 6.42% is 214.7% above this benchmark. Historically, ROX Hi-Tech's own Return-on-Tangible-Asset has ranged from 1.70 to 30.89 over the past decade. While the company's 10-year median is 9.15 vs. the industry median of 2.04, ROX Hi-Tech 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 2.04, based on 2,893 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. ROX Hi-Tech's current Return-on-Tangible-Asset of 6.42% is 214.7% 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 ROX Hi-Tech and its competitors. For the Software 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. ROX Hi-Tech's current Return-on-Tangible-Asset is 6.42%, which is 30% below median its own 10-year median of 9.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ROX Hi-Tech stock overvalued right now?
Based on GuruFocus' analysis, ROX Hi-Tech (NSE:ROXHITECH) is currently considered Possible Value Trap. The stock's GF Value™ is ₹83.20, compared to a current price of ₹47.50 — trading 42.9% below its estimated fair value. The current Return-on-Tangible-Asset is 6.42%, which is 30% below median its 10-year median of 9.15 and 214.7% above the Software industry median of 2.04. ROX Hi-Tech's overall GF Score™ is 62/100 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 ROX Hi-Tech (NSE:ROXHITECH), the current Return-on-Tangible-Asset is 6.42% 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 ROX Hi-Tech (NSE:ROXHITECH) Overvalued in 2026?
Based on GuruFocus' analysis, ROX Hi-Tech stock appears to be undervalued.
The current stock price of ₹47.50 is trading 42.9% below its estimated GF Value™ of ₹83.20.
GuruFocus considers ROX Hi-Tech to be Possible Value Trap.
Key valuation signals for NSE:ROXHITECH:
Return-on-Tangible-Asset: 6.42% (30% below median its 10-year median of 9.15)
GF Value™: ₹83.20 vs. price of ₹47.50 (42.9% below fair value)
Industry Position: 214.7% above the Software median (#957 of 2893)
No single metric tells the full story. See the NSE:ROXHITECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ROX Hi-Tech Ltd is a customer-centric IT solutions provider committed to excellence. It offers a comprehensive range of distributed IT solutions, including consulting, enterprise and end-user computing, managed print, and network services. The company is an end-to-end IT solution provider.
62GF Score
Get the complete analysis for NSE:ROXHITECH
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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